Clarksville chronicle. (Clarksville, Tenn.) 186?-1872, 1870-08-20

The first and main step toward OBJ
ar fifty thousand dollars, Is the secur.
Ing ofone thousand; the chiefdifIlcnl-
y in getting the one thousand Is In
obtaining the first hundred and keep
ing 1t. Hackneyed as this may APP
pear, IL IL fact that Is ever now, and
one that ever needs to be drummed
into the ears Of the struggling mill
ions who work hard and look with
straining vision, but in vain, for the
coming Of plentiful days. And es-
pecially does this homely philosophy
of wealth need to be emphasized ut
the present time, and impressed upon
the young men of this generation,
/, since the prevalent tendency, now
more than ever before, Is for beginners
in married or business life to adopt
such a scale Of personal and family
. expenditure as must render thrift inn
possible. The youth Of our time seem
likely to forget that easy circum-
stances in middle or mature age are,
as rule only to be purchased at the
cost Of rigid self-denial in earlier
years. The son and daughter are am
bitious to begin In life where their
parents Left off-in other words they
wish to reap where they have not
sown, or before they have sown, and
the result is, lives of make-shift anxi-
ETY. and failure. Most of those who
are really Industrious, and yet find
themselves at the noon of life with
only his daily efforts between their
families and want, could have been
In more comfortable circumstances,
had they early learned the lesson that
the key tOa competency lies In the
practice Of rigid economy at the out
set of life.
He who does not begin to save
when he commences life for himself
will rarely begin ut all, for where not
even the nucleus Of modest fortune
has been early acquired, family ex-
penses will, after time, grow as fast
as the income, and two keep abreast
. ever afterward.
Some OF the ways in which even q
small sum actually saved and put aside
In early life, serves as a stepping stone
to future competence, are these:
The saving gives the young man
the reputation among his neighbors
and business associates of being care
full, frugal and prosperous. Itgives him
what Is called good business credit,
It is accepted as an index of his bust
ness character, and instead of his be-
ing forced to seek employment, OPP
portunities seek him. Besides, his
little ready capital enables him to
take advantage of business openings
which, II wholly emty-handed, he
could not aspire to. 1t enables him
soon to become his own employer
most important consideration
Money begets money. Capital has q
natural tendency to increase itself
and very little capital In the hands
of o judicious person combined with
the labor of strOng and skillful, hands
Is vast help. The day laborer or the
mechanic with few hundred dollars
in the bank, or invested in O good in
terest-bearing security, is capitalist
as well as nottingham, and Is pre-
pared TO reap the advantages of hi
double capacity.
But mainly, the saving and keep
ing OF the first hundred or the frs
thousand dollars is the key to futur
success, from the fact that 1t build
up business character; 1t compels tn
formation of habits of economy, an,
fixes them for life; 1t puts the younl
worker on the right road; accustOm
him to keeping out of debt, drills hin
In the hOmely science of keeping hi
financial matters, and builds up
granite determination to force expen
ses below income.-M e. Homestead