The Republican. [volume] (Oakland, Md.) 1877-current, 1890-04-26


d lafsI3y 1iasi1 sf ieei sure Of
THAT VT " said 1alil1.
.I don't agree with sou. I sisssl
kset, 90 as have begun. Indeed i
sbal xtend my Operations. Tam III
| treWty i tss lssxsrstora. 81. ~,
For larger store z exclaimed
! Jahns surprised.
Yes; II may suit saif to poke
taiong alta snHis's pat,as but.I boast
little fpure entfspflss.p
Yau cant exptes things will al.
Ways be ~ favorable as they have
heen tlSiz list year
W. i8ass tlks Things IS they
come. of coarse. but when the sun
shines. it's the time to make hay"
II hope you will make plenty OF
it. and be ready for shower, if that
should come"
"rrust me for that. I know what
Pm about. You'd better follow
my example,"
"Hnw, move into q larger store ?"
Eyes; take this one which / am
| about to leave"
John shook his head.
ut is too large for me-" he sail.
am not yet ready to enlarge my
operations beyond my present limit.
"Well it's good advice Pm giving
you whether you take it or not"
"I've no doubt that you think so.
Stephen. hope you will meet with
no reverse to shake your faith in
, your motto"
So the two cousins again separated,
and each confined to do business in
his own way. Not only did Stephen
increase his business expenses by oc-
cupying store at higher rent, re-
quirIng an additional number of
clerks; but he also moved into large
house and set up carriage.
But circumstances still favored
Stephen. The rise in prices continu-
ed, though not to AS great an extent,
and his stock being larger he cleared
another five thousand pounds. He
began to think of himself as destined
to be lucky, and in no danger of any
reyerses. But at the end of the third
year which was less favorable, he
barely held his own, Still he was
worth fifteen thousand pounds. The
tide had turned and he should have
taken In sail. But this he saw no
necessity for doing. So for two years
longer he kept on his way. In that
time goods fell very considerably.
His stock was very large, and his
losses also very large. His property
had shrunk to eight thousand dollars,
while Johns had increased to nine
thousand, and he was now the richer
of the two. John now felt authoriZ-
ed in renting somewhat larger shop
while Stephen remained in his own,
shall not be able, nor would it he
interesting to detail the varying
fortunes of the succeeding years.
Suffice it to say, that at the end OF
ten years John was worth fifteen
thousand pounds, and was carrying
on safe and profitable business.
Stephen found himself at a point
where failure was inevitable unless
he could obtain the immediate use OF
ten Thousand pounds. His personel
extravaganza and i'll judged expans.
ion may account for this.
In this dilemma he bethought
himself of his uncle. He made his
way TO the we'll known counting
room, and was shown into Mr.. Ling
ards private room.
~ hope everything is going we'll
Stephen" said the merchant.
"Oh yes.' said Stephen. "that is
well. But, to tell the truth I'm In
, tight place just at present."
"Indeed, Pm sorry to hear it,"
you see my operatiGns.are pretty
large, and am afraid shall have tt
suspend unless l can raise ten thou
sand poupds within week.
That's large sum-"
"Well. any business is large"
:, "What do you estimate your stocl
at?"
9 Twenty thousand poands."
:, "Will ten thousand pounds set yol
:, free entirely ?"
mo-" said Stephen reluctantly
II have bills TO the amount of eigh
thousand more maturing In 81!
4 months"
=, "Deducting the proper margin,
ia doubtful if your assets equal you
- liabilities"
% IA loan of ten thousand pound
=, would give me chance to right my
!, self. Will you come to my help MI
If Lingard ?"
i. The old gentleman shook his heat
# "Frankly, no. 1 resolved when