Telegram-herald., 1890-12-20

Opportunities For ths Young hsa
% To-Day
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c~FsFAl Qf t1R asst = lfsie 80 sAst'ss
uills gn4 f4esofies e. t1s wora snS
soas e Eks lsrsess stores bad their oo-
glazing ip : saau w4y. snen tksiT
owners aaa scarcely zny capital O. ssr
tAan skll. Industry aAa Prosity. Aitus
b little neHey W4s gathered for "a
sxteasisa - the sorks, the galas BE-
c@Hs i4rger, more money could bS Ia
vested 20 cheaper processes or extend
trade, relate II business value were
established. and 80 the b0s' aess kept
on expaa8ing uhEl acres q belicinEs
took The place ot one small soop. and
the income began ~ b counted by
millions instead u hundreds. There
are many great establishments % which
this Is . general outline history, some
tunes varied by an opportuns invention
or Circumstance helping % = more rapid
growth. Bat when a young MAJ Is
shown one of these big workshops, With
thousands Of employees and every labor
saving device, be IS very likely - say
that there arc 10 such opportunities now
as once existed 70 thus bund up great
business from almost nothing; that the
age ot machinery has cOme, and that
one can not hope 10 compete with es-
tablished factories except by the use o.
large capital al the very beginning
There is little truth in this, because
one could hardly expect 70 succeed in
building locomotives, for example, By
handwork In competition with estab-
lished works using machine tools; but
10 is altogether oyershGdowed by the
larger truth that now. IS heretofore,
there is room az the top for the young
man OF probity, industry, zeal and intel
ligence. Capital can be obtained when
the proper time comes by the man who
has these qualities and great enter
prises be established by those who start
In life a. the bottom round OF the lad
der.
Thirty years ago, says the Baltimore
Sun, the same objection was made with
apparently the same force, yet Within
these thirty years instances can be
found OF poor boy S rising 10 become the
great merchants and manufacturers OF
the country. IL they mad considered
that the opportunities TO rise had passed
away with the first half OF the century,
they might have remained behind the
counter or at the workbench; but they
were industrious. faithful, skillful, and
above all self-confdent and determined
TO succeed, and opportunities came 10
them as they may como to any boy OF
the present generation who prepares
himself TO take advantage of a change
in the tide of fortune. One of the ia
nous assayers OF the country started in
very small way, extracting the gold
and silver from the sweepings of jewelry
manufactures. Is required some years
Of honest dealing before he could firmly
establish a reputation for probity and
skill that brought him large consign-
ments Then his little laboratory be-
gan TO grow, he invented new processes
TO help him in his work, his good name
became known in distant States, and to-
ward the close Of his life more gold and
silver passed through his assay Office
in a year than through the United
States mint at Philadelphia. His great
business success was due in part TO his
knowledge and skill, in part to his in
dustry, but also in large part to his high
character. Strangers consigned TO his
assay Office thousands OF dollars worth
of ore. No one save the assayer could
say how much silver and gold he ex-
tracted therefrom, but men learned to
trust him and on the strength of bis rep
utatiOn millions of dollars worth OF ma
terial were intrusted to him as 20 Gov
ernment mint Can the young man of
to-day repeat that history? Possibly not
in that particular line of work. But the
same qualities may be depended upon
70 bear similar fruit IN any business IN
dertaking. The impadence of young
men is often a bar to their success.
They want to make money rapidly and
establish a great house of some kind in
few years. There are exceptional cir
! cumstances under which this may be
done, but the general rule is that sever
al years are required to fully establish
business reputation that can command a
large trade.
Quite recently in one OF the large
cities an old mercantile firm that had
been established for over half a cent
ury, and was al one time at the head OF
all the wholesale establishments. was
ures-by young man who had started
small store when this firm was at the
height Of it's power and business infu-
ence. He did not dream at that time OF
competing with his great neighbor. He
was content 10 do the small trade that
fell to his lot, he attended strictly to
business and exerted himself 70 please
his customers. Slowly but steadily his
business expanded. Before many years
he became q rival OF the older firm. and
then the unexpected though natural
thing happened The younger man was
more enterprisinF and energetic than
his neighbor who. firing Of the struggle
after accumulsting a largo fortune, re-
tired from the field. In the business
world "a in nature there ia the period OF
I growth and decay. Great business
houses may have fresh blood infused
I into them and descending from father
/ 20 son may 20 on gro~iBg beyond the
lifetime Of their founder, corporations
give a still longer tine 20 the period of
growth. but decay comes 70 AL Of them
ard younger enterprises displsoe them
7 Even the corporations though of such
Z long life s8Fer from the competition of
y0unrrivals tba enter the fed vit1 new
appliances, fresh ideas and the viror
and Eesl of youth. Because The fed
seems % be Occupied is no reason Why
E the Young nan of today should give
way to despair CT lose iu tie Sigh test
degree confidence fn his oen power r.