New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-05-07
Commercial Educa,;ou

To "get into business" in this country has bith.
erto required little beyond good stock OF sefoou
cet and assurance. A young man whose note fs
500 10 one would feel safe in iodorsipg, and who's
education was limited to three four terms ats
very common school, Winters experience 10 q
country store the driving of fast borseor rather.
of horse fast-snd the smoking of muliulinou
cicars resolves to make bis fortune by trade So hs
procures letters of recommendation from men who
know better than to give them brings item to some
seaport. buys there several thousand dollars worth
of goods on six TO twelve months credit takes then
TO come smart village OF inland city, and openss
store of his own without either capital, natural c.
pacity business requirements, or one single quail.
iicaton for the pursuit.. He worries on for two
three or ge year, paying bis notes in part getting
extensions on the rest, buying more goods, and
finally comes to smssh-up, ten to twenty thousand
dollars worse than nothing. But, if unfit for
chant he is fit for nothing else; he rubs ont and
begins again, v;ctimizng new set OF creiitors-and
90 on Ill death closes the scene, he takes sudden
star. for Texas California. Such Is the history OF
American mercantile adventure in tens OF thousands
OF instances. The aggregate Of losses by bankrupt
ces in our country if it could be ascertained aud
published, would astonish the civilized world.
We need far better and fewer tIajsrs--men whs
thoroughly understand their business, know whea
they are making or losing, and will not 90 on squan-
cering other peoples property when success Is utter
Nv homeless II the gambling system OF Mercantile
Credit hitherto prevalent could he upset-and there
il hone that the War will su1serve this good end
80 that very little should lie bought and nothing al
sod on time by the great body Of our retailer We
sbonld save at least One Hundred Millions per
snnum now wasted in the maintenance of superaQ.
ous stores by men who might make good culiiva,ous
mechanics or teamsters but who are utterly misplaced
behind counter. Half the advance cost price
in price now charged by our jobbers might and
would he thrown of if their customers paid Tor their
goods when they bought them, or even paid their
notes when due. Bad debts are the bane OF our
commerce, and yearly send well-meaning thousands
70 the alms-house.
But the need Of business education is by no
means rec ricted TO trafckers for living. No man
is truly qualified to conduct any considerable manu-.
featuring or mechanical business, or even man.
sge a large farm, who bas not at eas: the rudi'
ments OF such q training. The farmer who keeps
regular debt aud credit with every field be works,
charging II Win Tue cost VA iaooF dPPheo
to il and credlting t with the proceeds of its CROP
would soon ascertain precisely what crops he wss
growing 70 profit and what involved him 10 loss.
Ten or fifteen years Of such rigid account.seeping
would qualify him for wide usefulness: the average
cost through those years Of his Wheat Corn and Oats
per bushel respectively aud of hs other products,
would be OF decided value to all who followed ins
bis steps.
-Alessrs. Bryant, Stratton & Co., whose " lnterns
tional Commercial Colleges in thirteen leading
cities Of the United States and Canada we advertise
extensively this morning, seem to have settled upon
a system which commends itself to the common I'M
derstanding. They do no, require one TO spend his
whole youth under their tnition but propose to give
him the rudiments OF business education in single
term OF few months duration at moderate cost
Their plan seems 10 US eninently wise and practical,
and we are confident that nearly every one who pur-
poses to conduct any sort Of commercial industrial
business hereafter will derive signal benefit from
devoting season to one Of those coleges The COM
mendations Of eminent citizens confirm and strengthen
our own convictions on this head and We are noe
Surprised TO learn that, in spite Of the perils and
anxietss born Of the War. their enterprise is libe.
rally patronized even in 1863 They viii DO better
as they become more generally known.
New-York Association OF UDiversnlists.
The annual meeting OF the New-York Association