Fairhaven herald. [volume] (Fairhaven, Wash.) 1890-????, 1890-04-06
SLOW AND SURE.

fldfesSeu lhcin;
You havysfcen in my employ eight
ears;- vgpfknow how my business is
.nducted, and / consider You competent
4 knanage business Of your own.
4 .ou-h ! should be glad to retain You
Tiger as rlsrks. l viii not stand in the
by Of yoGr advancement. l have
olared to tha credit of each Of YOU, at
~ banker, the sum Of $1,000. This
viii supply sou with a sufficient basis
or embarkiuz in business. With econo- .
ny in your personal expenses, and pru-
lent and iuiici0us management, You
win succeed. Success to you!'
This was a long speech for the old
- yet after moments pause he .
1 have one thing more 10 say. This
Is all purpose to do for you. You have
've times the capital ! started with, and
.f7fE.t you must sink or swim. You
pave my best hopes and wishes. hut need
look for no further pecuniary aid.
I HIS s~phews thanked him heartily,
. nd at once took measures to go into
business John Warren secured a modest
fhop at moderate rent. and determined
TO do business ON a cash basis, contenting
aimself. with such a stock as his own
y You'd buy. He made his pur-
- <iudiciously, and overlooked every
!, n of his business personally.
Stephen Grey had larger ideas He
hired shop at three times the rent,
pushed his credit to the utmost, and
pnade great show at the outset.
Both young men were engaged. and
5ss.-a---a luarried. Here, again. a differ
ance was manifested.
, John Warren hired a small, neat cot
b acc just out OF London, and furnished
y No cheap, inexpensive manner. One
.A.evsnt on y was employed, who together
sfith a boy to run errands, was found
<;aicient for a small establishment. But
phen Grey turned up his nose at the
,..aee, AID hired city house at four
ND the rent, which. Of course, re-
ail more servants and a larger scale
expenditure.
not going TO live like a pauper,"
loftily.
: It can You afford such a house.
en- asked his cousin.
~ business profits will be much
ater than yours" he answered. II
lin where you win be five years
bee"
. YPerhaps So said John shrewdly,
at where viii YOU be them"
"Don't fear for me. said Stephen con-
IDENTIFY; I'm ashamed of you for not
howing more enterprise. You've i'm
red yourself in an obscure shop.
.ere You viii do next to no business"
v u don't know about that. I'd rather
Az and sure. Its better to hug the
nan get wrecked in mid-ocean."
rhaps so. but l know am on the
fortune. Ten years from now
have turned my five thousand
into q hundred thousand, while
!. may possibly have fifteen"
10 YOU are not % be convinced"
Nor you. l suppose"
TNo. my motto is, slow and sure
Il @And mine, nothing venture. nothing
# ave.in
swell, the future can alone decide
N Of rs is right
the two cousins separated.
dam bound to confess, though N,
feeling is that John was right, tina
instances seemed 10 justify Ste
in his course. II SO happened tina
articular classes Of goods Of whicl
al bought so largely, rose rapidly
10 state Of thiags which needn'
explained. and as his stock wa
=. his profits were also very large
aed, Notwithstanding his personal eS
mes were thrre times as great as hi
Z fusin's. his balance sheet showed. a
e end Of Ne year, a clear profit Q
900. mother wofds;'h he had double
capital. ani- was nov ssa.sh ca ,9G,
- had proiiteJ, TOO. by the rise, bu
keomt OF thelmore limited extent {
business. advanced 20 bat 900
It'll this he was well pleased, an
"a himself fortunate.
low about our different matters
fstephen one day about this time,
uer an exulting tone, to his cousin.
Ehave no reason TO complain Of mine
John, "it has served me we'll
But not so well as mine"
i is hardly time to feel sure Of tn
said John.
7 don't agree with you. I shall ket
- l have begun Indeed, shall q
lmy operations. am in treaty e
rger store, and 49,
For a larger store. exclaimed job
# ptised.
'es; it may suit YOU 10 poke along
IS pace. but ! boast little mo
.c.trise
sYor can't expecL -Lings Vii alwa
r. rs favorable as they nave been Il
: year"
We must take things as they con
afrse; but when the sun Shines
jne to make hay"
II hope you will make plenty Of
be ready for a shower, if that shot
me"
T. s1Sust me for that / know what ]
"A You'd better follow my exa
o.. move into a larger store?
yes: take this one which am abe
- leave"
ohm shook his head.
1t Is too large for me- he said.
not yet ready 10 enlarge my opei
ns beyond my present limit.
Well. its good advice I'm givi
4 whether YOU take Il or not.
i've no doubt you think so. Steph'
he you will meet with no reverses
your faith in your motto.
The two cousins again separate
each continued to do business In
D. way Not only did Stephen
So his business expenses by Occur
3 store al a higher rent, requiring
ftonal number of clerks. but he a
81 into larger hon snd set up
hge.
circum1. -vsvored ,