Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1889-04-12
cARNEaIE.s ADVICE.
The Pittsburgh Millionaire Tells How .
Young Man Can SUCCEED.

IS well that young men should begin at
the beginning. and occupy the most
positions. Many OF the
business men OF Pittsburgh had seri-
Gus responsibility thrust upon them at
the very threshold of their career
They were introduced to the broom,
and spent the first hours Of their bust
ness lives sweeping out the Office.
j was sweeper myself, and who do
you suppose were my fellow-sweepers?
David McCargo, now superintendent of
the Allegheny Valley railroad; Robert
Pitcairn, superintendent Of the Penn
sylvania railroad. and Mr.. Moreland,
city attorney Of Pittsburgh.
Begin at the beginning, but aim high.
| would not give fig for the young
man who does not already see himself
the partner or the head Of some i'm
portant firm.
There are three dangers in your path;
the first is the drinking of liquor, the
second is speculation, and the third is
Endorsing"
When I was telegraph operator in
Pittsburgh, knew all the men who
speculated. They were not our citi-
zens 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 man who has
made fortune by speculation and kept
IL The man who rroapa tho N, orpip ~
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 he has to deal 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 bust
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 man be credited whose resources
may be swept away in one hour by q
/ panic among gamestersp Resolve tC
be business men, but spectators never
/ The third danger is the perilous
( habit of indorsing notes. 1t appeals
1 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. II you owe
any thing, all your capital and all YOU
effects are solemn trust in your hands
TO be held inviolate for the security O
those who have trusted you. When
man in debt indorses for another, it i
not his own credit or his own capita
that he risks, it is the money of hi
own creditors. Therefore, l say tina
if you are ever called upon to indorse
never do it unless you have cash mean
not required for your own debts, ant
never indo rse beyond those means.
Assuming that you are safe in regar,
to these, your gravest dangers-drink
ing, specializing and indorsing-th
question is: How to risep The risin,
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 whicl
he has nothing to do, and which ha
escaped the attention of the prope
person. Ii a weighing clerk, he ma
save for the firm by doubling the ad
iustment of the scales, and havin
them corrected. Your employer mus
find out that he has not got mer
hireling in his service, but a man; nc
one who is content to give so man
: return, but one who devotes his spar
! hours and constant thoughts to tn
business.
Our young partners in Carnegi
! Brothers have won their spurs b
showing that we did not know half ;
we'll what was wanted as they did.
There is one sure mark of the con
ing millionaire; his revenue alway
. exceed his expenditures. He begin
to save as soon as he begins to carr
Capitalists trust the saving youn
, man. For every hundred dollars yC
can produce as the result of hard-wC
=, savings, Midas, in search of partne
T will lend on credit thousand; f,
every thousand, fifty thousand.
1t is not capital your seniors requir
, it is the man who has proved he HI
: the business habits which make CAP
;. tai. Begin at once to lay up som
: thing. 1t is the first hundred dolla
+ saved which tells.
~ And here is the prime condition
success; the great secret; concentra
a your energy, thought aud capital e
! elusively upon the business in viii
: you are engaged. Having begun
a one line, resolve to fight it out on tn
. line; to lead in it; adopt every il
a provemeut, have the best machine
\ and know the most about it.
Vi Finally. do not be impatient, for,
: Emerson says: NO one can cheat Y
II out of ultimate success but you
W selves IN. Y. Tribune.
y 1t used to be said that there is l
d ool like an old fool, but that was b