The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1889-05-11
se~~e- HAHNVILLE, LOUISIANA SATURDAY, II, 1882
There are three dangers in your path,

There are three dangers in your path,
the first is the drinking of liquor, the
second is speculation. and the third is
endorsing"
When was a telegraph operator in
Pittsburgh, l knew all the men who
speculated. They were not our citi-
gems of first repute; they were regard
ed with suspicion. have lived to see
all of them ruined, bankrupt in money
and bankrupt in character. There is
scarcely an instance of a man who has
made fortune by speculation and kept
it. The man who grasps the morning
papers TO see how his speculative vent
ures are likely to result units himself
for the calm consideration and proper
solution of business problems, with
(which NE has&csdeal later in the day.
and saps the source of that persistent
and concentrated energy upon which
depend the permanent success and
often the very safety of his main BUSH
ness. The thorough man of business
know that only by years of patient. I'M
RENTING attention to affairs can he
earn his reward which is the result not
of chance, but of well-devised means
for the attainment of ends.
| Nothing is more essential to young
! business men than untarnished credit,
and nothing kills credit sooner than
the knowledge in any bank board that
| man engages in speculation. How
can a man be credited whose resources
may be swept away in one hour by
panic among gamesters? Resolve to
/ be business men, but spectators never.
The third danger is the perilous
habit of indorsing notes. 1t appeals
to your generous instincts, and you
say: How can | refuse to lend my
name only, to assist a friend?" 1t is
because there is SO much that is true
and commendable in that view that the
practice is so dangerous. If you owe
any thing. all your capital and all your
effects are solemn trust in your hands
to be held inviolate for the security OF
those who have trusted you. When
man in debt indorses for another, it Is
not his own credit or his own capital
that he risks, it is the money OF his
own creditors. Therefore, / say that
if you are ever called upon to indorse,
never dait unless you have cash means
not required for your own debts. and
never indo rse beyond those means.
Assuming that you are safe in regard
to these, your gravest daugers-drink-
ing, Specializing and indorsing- the
kuuestioff 4sa. How to risepy The rising
man must do something exceptional,
and beyond the range of his special de-
partment. He must attract attention.
A shipping clerk may do so by discov-
ering in an invoice an error with which
he has nothing to DO, and which has
escaped the attention of the proper
person. If weighing clerk, he may
save for the firm by doubling the al
iustment of the scales, and having
them corrected. Your employer must
, find out that be has not got mere
hireling in his service. but a man; not
one who is content to give so many
hours of work for so many dollars In
return, but one who devotes his spare
hours and constant thoughts to the
business.
Our young partners in Carnegie
Brothers have won. their spurs by
showing that we did not know half al
we'll what was wanted as they did.
There is one sure mark of the com
: ing millionaire; his revenue always
, exceed his expenditures. He begin:
, to save as soon as he begins to earn
Capitalists trust the saving young
II man. For every hundred dollars yol
can produce as the result of hard woi
savings. Midas, in search of partner
: will lend on credit a thousand; fol-
Eeyery thousand, fifty thousand.
It is not capital your seniors require
!. it is the man who has proved he ha
! the business habits which make CAPT
!, tai Begin. at once to lay up some
thing. 1t is the first hundred dollar
saved which tells.
And here is the prime condition Q
I success; the great secret; concentrat
: your energy, thought and capital ex
:, clusively upon the business in whic
4 you are engaged. Having begun i
|, one line, resolve to fight it'out on tina
:. line; to lead in it; adopt every in
provement, have the, best maehiner
and know the most about it. : IS
Finally. do not be impatient, for,
Emerson says: mo one can cheat yo
a out of ultimate success but your
selves. IN. Y. Tribune.