The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1843-11-03

From The Portland Tribune.
THE YOUNG MERCHANT.
by r. c. cotEswoRrHY.

ug this Young manl' said MIR. Pelby, a
bank director, to his associates on discount
day. He appears to be sound, and the
amount is but trifling.'
| j don't know replied Mr.. Barrow, a
small grey eyed man, who looked as # be
were born 10 skin 1in,s and make money
by tho operation don't know about il.
We have lost so much in years past, that |
think sc had better not discount il. The
interest on hundred dollars is bu! rf.ng.
What do you say, Mr.. Otnand 7
.'fIsn'i worth talking about-so small a
sum wouldn', be bothered with IL
Perhaps said Pelby, It may be Of
great assistance TO the young man o! this
time, If he could have the money
Let him 60 TO the brokers ihen,' said
Mr.. Jameson, ia, man, who bad mnde
bis money by grinding the poor and shaw
sng notes. lie, him 60 TO the brokers', il
he wants the money so much. You know
we have sufficient funds there, and we shall
! real &c four times as much
For my part said Barrow, don't
think IL worth while 10 be troubled with
| small notes they are Of very lIille service,
even il they should be promptly paid.
'True.' replied Peiby, but Dir. Somers
spoke to me about tho note and wished |
nigh, say q word in his iavof--but on the
whole think we may as well not accep,
it. Here, Mr., jake addressing the cash.
Ter, and handing him The noie--'teli Mr..
Souers we are short of money 10 day and
cannoi discount
| Mr., Somers was young man of indus
| trious habits aud sterling integrity. lie
, had but recently commenced business for
himself, with but little capital, and there
| fore Eel, the need Of some assistance. lie
! had no father or rich relatives to draw upon,
or exert themselves in his behalf, and when
an opportunity presented e1r tho invest
men, Of little money, he made strong Of.
forts 10 obtain i, through the banks, and
was seldom accommodated. IL is exceed.
lngIy difficult for person With no capital
| TO succeed we'll IN business especially with
40 wealthy friends to render him assistance.
/ So Somers knew by experience. But be
Yves Industrious and perseyering, and deter.
mined to do something. He saw chance
10 make money by investing about hun
bred dollars aud IL was on this occasion that
he had spoken TO Mr.. pelby and dropped
bis note ia The bank, He was fearful Of the
result, and when the cashier informed him
that his note was mol accepted, be turned
away with feelings rather indignant to.
wards the directors, but determined 10 hive
tho money. Tic called at the brokers'
paid three or fourfper con. q mon,h--took
the amount and made the purchase. In a
few weeks the broker was paid, but tho in
( teresi accumulated so fast that his profits
we're no, SO great as no had anticipated.
SILL Somers was not discouraged. He
found ii exceedingly Difficult, al times TO
RAISE the money that was absolutely .neces.
sary for the payment of his notes, but by
prudence aud economy, and occasional.
/ Is calling on tho broker, he worried through
the first year of his mercantile life. In
4 taking an accoun, Of his stock, he found
that he had actually made little, besides
| bis living and the few losses he had sustain.
cd by bad debts. He commenced again
with renewed zeal, determined still TO per-
severe with the hope that before another
tvelvemouth he could be free from all en-
barrassment.
Once moro Somers concluded that he
would make an attempt to got note dis
counted. lie called upou peby, told bin
his situation and asked 10 use his Influence
10 his behalf at the bank The next day.
Il will do all can, MIR. Somers,' said
the director. viii tho note be met
promptly 7
Certainly, sir
Have YOU good name on the note 7
| think have
Perhaps we can accommodate YOU
Somers also called upon Mr.. Barrow,
who promised also TO use his influence, and
thought there was no doubt but he could OBJ,
tain the money.
The directors had assembled in the bank
and among others. Somets' note was pro
duced.
We had better accept this small note
Ercm worthy young man, SAID Telny 1C
bic associates.
| Plague on those little notes, sad Jane
son, we are eterhalIy bothered by them
Why don't our young men, who want a few
dollars call upon the brokers. IL is their
business TO accommodate them--not ours
| So say, replied 0rmand we do moi
opon the bank to accommodate every man
10 few dollars who may wan. the amount
We should have nothing elae TO do
20, lie, the young man be accommodated
this once, said Pelby he is good for the
amount, and is working hard to SO. along.
Perhaps il might be as we'll said Bar
row, but shall have nothing to say abou
/ it,
wis of no use--hefe cashier, tell the
man that it was not possible for as TO de
: anything for him to day, said Jameson
handing Mr., Jake the note.
Mr.. Somers WINS disappointed on learn