The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1863-12-31
Business Rules.

The reverses Of the past few years. have been an experience
had been years in accommodating. have suddenly disappeared.
Thousands who once thought themselves strong, never to be
They must now begin again Many have passed the prime OF
life Their step Is less elastic, their brain less active, and they
win hereafter work with an abiding consciousness that
they cannot plan aud execute as in days gone by. We never
sire to gre them an encouraging word aud a helping hand.
But in tins writing We have to do, not with the unfortunate or
those who are recoustructing their temporal affairs, but with
the young and prosperous, and with those who have weathered
Most mea, when they start in business. make good resolu-
tons Az any rate they mean to succeed. They expect to
goes on well, but The day comes at length when they are swept
away and al their brilliant earthly prospects are gone forever.
Business men. ho~ever, do not believe this. Every one thinks
that he has perfected himself in knowledge, that he needs no
help or advice from any quarter, and that II others have failed
OF success, that Is no reason why he should follow in the same
when a man decides to build a house, he adopts a plan and
he eonsults his charts, and governs himself by the experience
% others When one is sick, or his life is endangered by com
physician. There are certain rules forms and presidents
conduct Of mercantile business Here they mean to be origi-
nal: They don't want the advice of anybody. Just here we
ing rules-for their practical consideration:
lst- Do not undertake q business with which you are not
blind, 70 survey a city. First thoroughly understand what You
propose to do. Serve An appreniiceship-do anything-besOre
taking . single step involving risk.
ID. Never attempt a business for which you have no taste or
relish. Don't aspire to be a merchant, when you should be e" a
farmer, a mechanic, or a day-laborer.
whom you have not perfect confdence-with those to whom
you would not be willing, sick or well. at home or abroad, Iy-
ing OF dead, 20 intrust all your business affairs.
4ih- Never attempt to do more business than you can safe
ly do on your capital.
9Th. Avoid taking the extraordinary risks OF Tong credits,
no matter what profits are in prospect.
9Th Give no credit whatever to any one who does not pos
sess n good moral character
1th. supervise, carefully, your own business, (not your
Beighbor's) anu HOOK after your clerks, and see that they are
faithful in the performance Of all their duties
Sth. Let al those with whom you have dealings or inter-
eOurse, understand, distinctly, that you win not lend yourself,
for the sake of trade, to do any mean thing-anything which
your conscience will not approve Of
9th Never lend your name by endorsement or otherwise,
except under most extraordinary circumstances, and then let
the act be guarded with every possible security.
1cth- Never allow yourself or your partners. to draw a dol
lar from the concern, To invest in any outside operation"
whatever.
18th. In forming n CO. Partnership, insist that a limited fired
sum only shan be drawn by each partner. for personal expen-
ses-
Don't believe any one of the thousand marvellous tales OF a for
tune in that direction They are a trap and a lie.
18Th Keep all your accumulated profits in your business,
so long as you owe n dollar. When you have more capital
Iith. Borrow % banks or other sources never, IL it can be
avoided II temporary assistance Is needed, seek IL from n
tried friend or from n sound banking institution, and then re-
turn ,he loan, on the day fixed, with the most rigid punctuaity.
crops, and the general prospects for business, and look out
sharp for the movements Of politicians, who, in nine cases out
Of ten, care more for a reelection than for our commercial in
tereSts or our national prosperity.
There are other and most important matters which should
not be forgotten Keep good company. Value integrity more
than money Live within your means Eschew wine, theatres
AMI fast horses Use no proane language. Never quarrel
with n partner Be kind, considerable, and generous to clerks,
and also to your unfortunate debtors Cultivate the friendship
OF ALL Do your proper share in promoting the public veal.
Be n man, n gentleman. and a Christian. and you will make
sure of an Inheritance In this life aud Of untold riches in the
lie which Is TO eome-N- Y. Independent.