The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1872-05-25
Yar The Cecil
A Cure for Hard Times.

Go to woodwork earnestly, intelligent
ly all the time, and live within your means,
and SO much within them, as to lay by a
little money. 1t may be small at first, but
get into the habit of laying by some every
week, and it will increase. Acquire the
habit of saving something, and you will be
constantly learning how to save more. 1t
is a bad plan to be borrower in the start
better try and be lender. Keep away
from banks, which have now become shaw
ing shops, charging twelve to sixteen per
cent. No business will justify such ruin
GUS discounts, and he who follows it up
must come to the wall, and that at no dis
tant day. The evidences of this fact are
gathering thick around us.
In prosperous times men feel that their
credit is increasing, and they are very apt
to run ahead of their means, expecting
good times to continue, but reverses come
and they are undone. To keep up appear
ances, and ward off the evil hour until bet
ter times return, they resort to loans, and
the remorseless shaver, finding them in his
power, deals with heavy hand, exacting
usur7 that no legitimate business will pay,
and the consequence is, that their affairs
become worse and worse. Better wind up
at once, than struggle on with twelve per
cent. loans, for after years of anguish, they
end in ruin at last.
Farming is depressed, and at best, land
will not pay six per cent; then what folly
to try and bear up under double that dis
count. Many think it a great blessing to
have bank in a village-it is such an
accommodation. 1t is very convenient as
a place of safe deposit for money, and at
the rate allowed by law for discounts, may
be very useful, but when those rates are
doubled, all such institutions become a
curse, depressing all the great interests
that look to them for accommodation, and
adding to the wealth of the monied aristoc-
racy, and thereby giving it greater power
to grind the laboring classes into the dust.
If yon have got into difficulties, you will
not be likely to get out of them by borrow
ing money at twelve to twenty per cent
Wind up your business and start in the
new, and when you start, be cautious to
live within your means, and not to encour-
age the crime of usury.
Idleness is great curse, and the multi
tudes who are daily hanging around pub
lie places, wasting their time, are drones
and consumers, and are consequently a
dead weight on society, which is bound for
their support, and in one way or other has
to feed and clothe them. Sometimes it
seems as if one half the white men and
colored men are idle. If they are paying
their own way, they are wasting their
means, which should be laid up to give
them the independence of having homes of
their own. Who can estimate the loss to
community, resulting from the wasted time
of it's able bodied men-labor that might
have made all the barren fields to blossom
as the rose.
1t is of little use to speak Of the millions
thrown away on whisky and tobacco, as
the habits of their votaries are in general
past reformation; but to those who are
beginning life with fair prospects, or with
out pernicious habits, the success of their
lives must in a great measure depend on
their industry, sobriety, prudence and
economy. Keep away from drinking houses,
from idle company, and have the work laid
out for every day, and when the day comes
do the work, and more if you are able-not
many hurt themselves with over work-at
least hard workers are generally long lived.
BE careful to make prudent bargains, and
always to live within your means, and by
this method you will soon acquire reputa-
ton and friends, and then if it be necessary
to 60 in debt in order to acquire property,
you can do so at the legal rate of interest,
without applying to the Shylocks. A goo d
pillow horse, and wagon horse, is worth. a
dozen of fast trottcrs. Fast young vlen,
with fast horses and stylish buggies and
trotting wagons, squander fortunes as fast
as the rum drinker-sometimes they beat
him. Learn trade, strive to be a God work
man, and to gain {. reputation i'll your bus
mess; marry healthy wife, anei one who
can cook you a nice meal, and keep your
house in order; be economical and content
ed, and you will not be troubled with hard
times. Nice.