Daily Republican. [volume] ([Wilmington, Del.]) 1874-1890, 1889-03-08
ANDREw CABSEuIE's ADVICE.
now A YOUNG MAN CAN SUCCEED.


From The YOUTHS Companion.
You are about to start In life. and 1t is
we'll That young On should begin ut the
beginning aud occupy the most subordi-
nate POSITIONS. Many of the business
men OF PittsburR bad u serious responsl-
bllity thrust upon them at the very
threshold OF their career. They were
introduced to TIE broom, and spent the
frs hours OF their business lives sweeping
out the Office.
was sweeper myself, and who do
you suppose were my fellows wecpersl
David McCargo. now superintendent OF
tho Allegheny Valley Railroad; Robert
Pitcairn, superintendent of The Peuusyl-
yania Railroad, aud Mr. Moreland, city
attorney OF Pittsbura.
Begin at the teglcning, hut aim high.
would not give Il ilg Tor the Dung mau
who does uot alFea ~ see himseli the
pIFther or tae head OF tome important
firm.
There are three dangers in your path;
the iirst 10 the dtbkiD II of liduo-, the
.ecoiii is Speculation, and the third Is
endorsing"
When ! was telegraph operator in
Pittshurg, l knew Eli the men who
specula,ed. They were not our citizens
o. first repute; they wee regarded with
eusplclfn. 1 have lived 10 see all 0f
them ruined. bankrupt in m0hey ard
bankrupt IN ehafgc. er lhe'ois scarcely
an inetenCe OF man who has made a
fortune by speculation, and KEPT it. The
man who gresps the mor1ing papers to
zee how his speculative ventures are likely
to result units himEeli for the calm con-
stderatlon and prorcrtolutious of husiucss
problems, with which he has 10 deal later
In the day, ard cups the sources of that
pcrsis' ent and concentrated energy upon
which depend the permanent euccess and
often the very safety OF hts main business.
The thorough man Of business knows that
only by years of patient, unremitting
attention 70 sifairs can he earn his re-
ward, which Is the result rot of chance.
but OF vel devised means for the altaiu-
ment of Ell ds.
Nothing is more essential to Young
business men than untarnished credit,
and nothing kills credit sooner than the
knowledge In any bank board that u man
engages In speculation. How cfn aman
be credisod " hose ret ources may u,swept
away in ono hour by PANT, amontr gamc
st; rsf Resolve TO be business mep, bat
Spectators never.
The third danger Is the. perilous habit
oil endorsing notes. 1t appeals TO your
generous instincts, AID you soy, "iIow
can | refuse to lend my name only, TO
assist q friendly" II Is because there is
go much that Is true and commendabls
in that view that tho practice is SO dan
gerous. If you owe anything, ali your
capital and all your effects are a solemn
trust in your hsuds TO be held inyio.a,e
for the security of those who have trusted
you. Whtn u mau IN debt endorses for
another, IT is not his own credit or his
own cap tai that he risks, 1t is the
money OF his own creditors. Therefore,
| say that II you arc ever called upon to
endorse, never do II unless you have cash
meaus not required for your own debts,
and never endorse beyond those means.
Assuming that you are sale IN regard
to these your grayest dangers drinking,
spcculating and interchangeable question
is, How to risei The rising man must do
something exceptional, and beyond the
range of his special department. He
must attract attention. A shipping
clerk may do 60 by discovering in an in,
voice an error with which he has nothing
to do, and which has escaped the atten-
ton OF the proper person. II weighing
clerk, he may save for the firm by
doubling The adjustment of the scales,
and having them corrected. Your en-
ployer must ilHd ont that he has not got
q mere hirelinG In bis service, but man;
not one who is content TO give so many
hours OF work for SO nany dollars in re-
turn, but one who devotes his spare
hours and constant thoughts to the busi-
ness.
Our young partners in Carnegie Broth
ers have won their spurs by showing that
we did not know half as well what was
wanted as they did.
There is one sure mark of the coming
millionaire; his revenues always exceeds |
his expenditures. He begins to save as
soon as he begins TO earn. Capitalists
trust the saving young man. For every
hundred dollars you can produce as the
result OF hard-won savings, Midas, in
search OF a partner. will lend on credit d
thousand; for every thousand, liity thous-
and.
1t Is not capital your seniors require, Id
Is the man who has proved he has the
business habits which make capital. Be-
gin at once to lay up something. IL Id
the first hundred dollars saved which
tells.
And here is the prime condition of sue.
cess, the great secret; concentrate youI
energy, thought and capital exclusively
upon the business in which you are en-
gagged. Having begun in one line, re
solve to fight 1t out on that line; TO lead
In 1t; adopt every improvement have Tho
best machinery and know the most about
II.
Finally, do rot be impatient, for, a.
Emerson says, ''No Que can cheat yoa
out of ultimate success but yourselves y
-~s