The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1867-10-03

81 Bsd Policy q Psy Rent. :.
s. We do not mean II youagree to; but
bad policy TO agree 70 do It.
81 Any man who is able 70 pay rent can
build = house. This win strike you as a
! bold proposition and hard TO believe, but
as this is Sunday we wfli waive interest
and 60 for principle. First, you say
J you have no lot. Lease one, then, or
Z buy on long time. You have no lumber
or materials. You are pying one hun
J dred or two hundred dollars for rent.
When you pay it, it is gone, and at the
end OF two or three years you have paid
out enough to build = house. but are
still renter. All you need to do is to
anticipate these payments-say for a
lyear-borrow out Of bank or otherwise,
and give your rising building as securi-
up a frame of three or four rooms, live
in it till fall without plaster
one room in the fall, and instead of pay
ing monthly rents, finish the rooms one
by one, as you are able, and in two or
three years you can have o home paid
for, and you can begin to pay for your
leased lot and own it yourself.
You are afraid of mortgages, you say.
Why, they are the poor mans friend.
They are the life boats in the wreck for
the man in debt. They build all our
railroads and great internal improve
ments. They are harmless if you only
understand them, and are good fnan-
cier. They are foreclosed sometimes,
but then you have year to redeem
They will not generally be foreclosed if
you pay the interest promptly, which
you can do easier than to pay the rent.
IF you are sharp you can play with
them like Driesbach with his lions, and
they won't bite. Moreover, robbing
Peter to pay Paul is not robbery, if
Peter is willing, and will lend you the
money on new mortgage to pay the
old one and there are always Peters
who live by doing this kind Of bust
ness.
The process of knocking an old mort
gage in the head whenever it grows ugly
and threatens violence, is familiar one
to all good financiers.
Use your wits. Work more with your
head and you need not work SO much
with your hands.
The richest men in the world are those
who commenced on nothing, and have
lifted themselves up. by the straps Of
their boots. They financiered like our
Radical men--who make colossal for
tunes an their bonds-without money.
Issue your bonds, and give the roadbed
and superstructure of your new houses
as security.
But here nice young man answers
that his richer associates and friends will
snub him if he lives in such style. Here
is the great error os young men. They
wish to commence life in as elegant style
as their fathers lived in after a quarter
of century's hard work. It is the
great error of the age--the. prolific
source Of celibacy and bachelorhood,
and operates as fraud upon good look
ing girls who are cheated out of hus-
bands by such foolishness.
Respect yourself--act Independently
take a longer look at things-snub the
snubbers, and make them sick of it, and
in five years or less you will be bowed
to and be courted by the same men.
The good will of such men is purchas-
ed at too dear price. It is not worth
having.
You are coward. You are toady.
You are willing to<sell out your home
and independence for such weak and un-
manly sentimentalism. Dare to follow
your own line Of policy if it is honest
and for your interest to do SO, and do
not allow a weak and snobbish false |
pride to consign you to hard labor for
life and the tenant and vassal of your
landlord.
5 BY following this advice, the thous- |
ands of dollars you will give away for
rent in ten years and have nothing to |
show for, will give you home of COM
fort and elegance, with a wife and family |
and all the influence of tour most re.
spected citizens" "This is the way, |
walk ye in it," It leads to indepen-
dence, respectability and honor.
We have story from Arkansas of
the performance of a wretch who beat
negro with club attempted to shoot
another negro who demonstrated shot
q negro woman through the head, and