Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1869-10-14
How A. 7. Stewart Started In Business,

" Nv L.
Stewart made preparations to return to
Ireland to receive his patrimony, upon the
interest of which he had been living,
:" How much is your patrimonyg" asked
MIR, Chambers gentleman then well
known as buyer at auction for several
business firms, and to whom he had stated
his intended return to Ireland and the OBJ
ject of his going.
About $4,000 | suppose" said Mr.
Stewart.
" A snug little sum. What do you pro.
pose doing with itY"
" Invest it here and live on the income"
"Iou can do better"
How"
"Go into trade"
Nonsense; know nothing about trade
| have horror of trade can't even buy
a hat or pair of gloves without getting
some one to pick them out for me-"
Stuff calculated Mr. Chambers, impa
tiently; DO as tell you. Go to Belfast,
buy insertions and scalop trimmings.
Spend all your money in them, and you'll
double your money"
" If ever buy these goods said Mr..
Stewart "you shall have all the profits"
Mr., Stewart went to Ireland. 1t was a
forty days voyage. There was only one
cabin passenger besides himself, and on
the fare of dry biscuit and musty bread
they liked to have starved. But at length
the voyage ended, he reached his native
town, saw his guardian and received his
patrimony. 1t was only $4,000, half the
expected sum- The guardian as guardians
are apt to do in these days, had speculated
on his wards money and lost. lie went
to Belfast. Passing through High street
he recalled his conversation with Mr..
Chambers 1t occurred to him that he
had not the remotest idea what either in.
sertions or scallop trimmings were. See
ing small store and woman behind the
counter he went in.
"Do you keep insertonsg" he quietly
asked.
Yes, sir, politely answered the shop
woman. Here is somen and she handed
him piece, which he proceeded to exam
inc.
How much is this a yard" inquired
Mr. Stewart.
zone shilling"
"Ill take quarter of yard y and this
quantity was quickly severed from the
piece A very similar dialogue ensued in
regard to scallop trimmings, and with the
same result, Mr. Stewart buying a quar-.
ter of a yard of this also. Mr.. Stewart
now saw what insertions and scallop trim
mings were. 1t occurred to him that he
had not gone to work, however, in exactly
the right way to carry out the plan of Mr..
Chambers
"Can you sell me these goods any
cheaper if | buy considerable quantities of
eachy" he inquired of the shopwoman.
How much do you wish to buy?"
"a thousand pounds worth. "
"Oh my, sir; you had better go to Mr..
the manufacturer said the
and she directed him the way
10 go.
To Mr.. Workman's Mr.. Stewart went.
His $1,000 were soon exchanged for inser-
ton and scallop trimmings. Mr. Stewart
soon arrived in New York, bringing with
him the product Of his purchases.
81 invested my patrimony as you wished
me to, said Mr. Stewart to Mr. Cham.
bers.
You have done just the thing spoke
up Mr.. Chambers, with lively burst of
enthusiastic joy. Scarcely any of these
goods are in the market. They are in
great demand sure to double the money
paid for them Where are the goodsY"
Brought them on the ship with me"
LUCKY; wen open store at once"
"WhO do you mean by we?"
You and will be partners, of course"
"Not at ALL" answered Mr.. Stewart
:" you sell the goods | bought, pay me back
my $4,000, and that's all | ask or expect.
bought them for your accommodation and
not to make anything myself"
1t is unnecessary to pursue this dialogue.
Mr., Chambers would not listen TO anything
else than sharing the profits with Mr..
Stewart. He insisted further that they
should open store together, and that Mr..
Stewart should be the salesman, while he
would buy other goods 1T auction for the
establishment This programme of hus-
ness finally agreed upon, henext thing was
to get store. They looked through Pearl
and Hudson streets, the great centcrs then
to suit them, the principal objection being
Inc HlBll TtHlS dskcu. lHally OH = q
let upon the door of No 2S3 Broadway
attracted their notice The rent on in
luiry was found to be 1915 a year For
some time they pondered over the eXpedi-
ency Of assuming such high rent. The
man who had just vacated the place had
failed, and this made them extra cautious.
They decided TO take the store.
We have given with some proliXity the
lbove details, as they have never been
given to the public before They show
exactly the circumstances under which Mr.. .
Stewart entered into business; that, instead
IF his selecting his own business, as most /
men do, for prediction for it on the /
belief Of its opening the
way to a brilliant fortune, on the /
he hadia strong aversion to
I, which it was difficult to overcome,
md that, as aIrt a1y stated, he was +
aoiens goleas into business--a
business in it's subsequent development the .
most remarkable on record one in its /
progress calling into activity most mar