Nevada County picayune., 1888-11-21
INTELLECT VS. MONEY.
The Real and Imaginary Sorrows of Poor
 Young M1n.

Young Men.
 Young men who arc employed in great establishments at moderate salaries, often feel discouraged by the seeming impos5ibility of their ever get ting into business. They argue thus with themselves, and with us some- times in dolorous letters: "To carry on this business with effect requires a capital of ono huadr3d thousand dol lars; how is it possible for a young fel- low, with a salary Of five or six hundred dollars year, to save tenth part of that sum?' They answer that it is impossible. and hence conclude that it is the unaltersblo d3e9',e of fate that they must remain A.rs,igT drudges all the days of thoir l 525.
 This reasoning ap233",to to come home with whitening power to the minds of young gentlemen who have had the luck to fall desperately in love with pretty girls. Odt of every hundred letters we receive, at least ten are from young men of ardent feelings and small incomes, who are dead in love and have no prospects of an advance, and who would like to be informed whether 1t Is the pat of wisdom to go ! to South America and make a rapid fortune in ths coffee trade. or marry at home and live in garrett or lay them selves and their sorrows at the bottom of their native river having previously tinl h,.;,,l-- -ha+ tN o.,,h jet. p1 fl none of these are wise, then what do we recommendp
 These ardent youths overlook a fact with which they are perfectly fa- miliar. namely, that the very mon whom they serve, and whose fortune seems so unattainable began life just as Mey are beginning it, at the bottom of the ladder. With q few well-known exceptions, all the great factories, com mercial firms, newspapers. private banEing-houses, retail stores in the cities of New York, Boston, Philadel. phia, Chicago, Cincinnati and Balti. more are at this moment owned and conducted by men who began their ca reer in poverty, and whose prospects during their youth and early manhood were quite as disheartening as those O! any of our love-lorn correspondents. And with regard to that delusive dream of emigrating to some other State or country. we can assure our young friends that the conditions of prosper ity In every land are the same. The one source of prosperity, at all times and in all places, is this Industry d. -ected by Intelligence.
 The real capital of great business Is not money, but intellect. This Is the cornerstone of our political econo- my. The degree of intelligence with which a business Is conducted is the measure of it's permanent prosperity. Millions of capital can not save 1t fl there is fool in the counting-room who exercises control This funda- mental business truth is not often acknowledged in so many words, but 1 it Is constantly acted upon in the sure and rapid promotion of young men who show that they possess decided talent for business The best head tends up- ward by law as sure as gravitation. That best head may be, to-day, ill the basement, officiating as water-bearer and errand boy to the packers. We look in next year, and find him the foreman of that departments; and so he marches upward through all the gra- dations, until he lands safe and sound in the counting-room as junior partner
 Though appearances are sometimes ,gaiust the remark, it is nevertheless true that a man generally gets on In life as fast as he becomes fit to be en. trusted with the more difficult duties that belong to a superior station. And nowhere is this so generally true as in the business world. N J. Ledger