The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1867-03-14
MARCH II, 1867. Who'll; ;..: .s.:::'''9 NO. 3,
Aspirations to be Rich.
Frum The New York Tribune.

Aspirations to be Rich.
From The New York Tribune
A youth writes us as follows-an b
| case is like that Of so many others th.
. We treat it thus publicly. suppressing hi
name:
Dear Sir: I am poor boy woul
, like TO get rich. Now what shall I do
? would like to quit this section. Idon
want TO remain on my fathers farm =
Please give me the best advice you car
and obli9e, Yours, g. g. s."
ASswER--The aspiration to be rich
. though by no means the highest that ca
impel q career-is. in our view, whole
some and laudable. The youth win,
! says, ''let me be rich anyhow, and be
fore all other considerations, is yer,
likely to bring up in some State Prison
but he who consistently says, s.let m,
first be just, honest, moral. diligent
useful. then rich,' is on the right road
Every boy ought to aspire to he rich
provided he can be without untaithful
ness to social obligation or to moral
principles.
I. Firmly resolve never to owe debt
1t is the fundamental mistake of most
boys to suppose that they can ge. rich
faster on money earned by others than
on that earned respectively by them
selves. If every youth of IS to 25 years
were to- day offered $4,000 for ten
years at seven per cent. interest, two
thirds Of them would eagerly accept it !;
when the probable consequence is that
three fourths of them would cbably
die bankrupts and paupers. Boys do not
need money half so much as they need
to know how to earn and save it. The
boy who, at the close of his FIRST year of
independence, has earned and saved
810O, and invested or loaned it where ii
will pay him six or seven per cent, will
almost surely become rich if he lives;
while he who closes his first year of re-
sponsibility in debt, will probably live
and die in debt There is no greater
mistake made by our American youth
than that of choosing to pay interest
rather than to receive it. Interest de- |
YOURS us while We sleep it absorbs our |
profits and aggravates our losses. Let |
a young man at twenty five have 81 600 /
loaned on bond and mortgage or invest |
ed In public securities, and he will rarely !
want money thereafter; in fact, that
$1,000, invested at seven per cent, will
:. ..l.~l.so,-.a e., go. hs,-
which teaches them to get through life
interest rather than paying 1t.
OF the torments which affiict this
mortal sphere, the first rank Is held by |
Crime, the second by Debt.
II. Acquire promptly and thoroughly I
some useful calling. Some pursuits are |
more lucrative, some more respectable, |
some moro agreeable, than others; but |
chimney-sweep's is far better than none
at all. No matter how rich his parents
may be. boy should learn trade; no
matter how poor he may be. boy may /
learn some trade if he will. This City
is full to-day of young (and old) men
Who have been clerks, book keepers,
porters. &C., yet can find nothing to do,
and are starving because their foolish |
parents did not give them trades A
.rade is an estate, and almost always /
productive one. A good, efficient farm I
iaborer can generally find paying work
If he does not insist in looking for it in
= city where he cannot we'll be; while |
many = college graduate tsmishes be-
cause nobody wants the only work he
knows how to do. d Let nothing prevent
your acquiring skill in some branch of
productive industry. s=1~
III. Resolve not to be a rover. "A
rolling stone gathers no moss, but Is
constantly thumped and knocked, and
often shivered to pieces. o II you are
honest and industrious. you must be con-
etantly making reputation. which, if you
remain in one place, helps on along the
road to fortune Even a hod carrier or
street-sweeper who has proved that his
promise to appear on . given day and
hour to 20 to work may be trusted, has
. property in the confidence thus created.
II you cannot find your work where you
now are, migrate; but do it once for all
When you have stuck your stake, stand
, by it!
/, ". Comprehend that there is work
almost everywhere for him who can do
/ it. An italian named Bianconi settled
! in Ireland some sixty years ago, and got
very rich there by gradually establishing
lines Of passenger conveyance all over
/ that island. Almost any man would
have said that he who went to Ireland to
make his fortune must be mad. He who
knows how, and will work, can get rich
growing potatoes in New England,
though he hasn't aefvscsntstampto % be-
gin with. There is york that viii pay
IL - ri