The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1871-04-20

One of the most important objects to
be attained in the life Of every business
man is that of conducting mis- business
upon principles OF strict economy. In no
other way, and by no other method, can
there be insured permanent success. 1t
matters not what business man engages
in, the only true and thoroughly practic-
ed thing should be that of economy. He
is bound by all the laws of trade, of honor,
and of Justice, to do it; for it not only In
wolves his own honor and success, but also
the rights of his creditors, for to them he
may not only owe money, but immense
debts of gratitude. No man has a right
10 jeopardize his creditors, nor bring obi.
um upon the business community, BY en-
dcavoring through great risks in specula-
ton, to become suddenly rich. Wild
speculations are the fruits of extreme
folly, and nine-tenths of the men who fail
in business, do not so fail for want District
honest intentions, but because of the COM
bined influences of speculation, and the
little leakages, 80 to speak, which contin-
ually drain from them, that which if prop
erly saved through the economical work
ings of all his business, would carry him
through the worst financial crisis.
Young men are especially At fault in
not economizing in their business. A
young man commences business, and for
while success attends him, but instead
of being satisfied to go on in the way
which will lead to success slowly, he
launches out in an expensive manner in
some new undertaking, and for want of
capital or capacity, tails to succeed, and
the first thing he knows, he is bankrupt.
Thus by desire-when he was doing well,
and we'll enough-to do better; by mis-
taken idea that he can accomplish some
particular thing, he gets too much in
volved, and the result is be goes down,
probably never to rise again.
We see upon every hand, smart active
men-men of talent who once stood upon
the middle round of the ladder of fortune,
with bright prospect of attaining the
very highest round, lying to day at the
bottom thereof, poor, scarvod and bruised,
never to recover from 90 great fall. And
this was brought about, because OF a want
VI GfIo pIOpol nPiAiO VI oeAHo'S es'N SoS-s'>
economy, durin g periods of their most en-
couraging and gratifying success Like
locking the door after the horse has been
stolen, thcy stand in their sad conditions,
warning to those who are now follow
ing in the same course they were going.
There is but one way to do business, and
that is to 90 it by the rules of honesty and
economy. Without these thore can bono
perman ent success. They are tho corner
stones of every successful mans wealth
and every man who has succeeded will
tell us that by them were they successful.
Men who have been unsuccessful in life,
will tell us it is very much harder to climb
tho ladder of prosperity the second time,
than The first. They will tell us that the
blow they received by their fall, has 80
stunned thom, has SO operated upon their
own friends, as to be an obstacle almost
sure to bo never overcome. Therefore5it
is necessary for every business man to
commence right, and so commencing con.
tinuo, until by strict economy in bis busi
ness, ho may finally succeed.