Telegram-herald., 1890-05-26
The OBSERVER


fhs Tree bAsis ~ saeesss
Indusry. frugaEty. hoassly and m
tegE-ly are the ul2.n ctzE4elsf -sl-c oSs-s
for success
Bat these are net TIE elements which
a4Ys contributed T. Ehe plli-lo1ls sascb
= fes men. Who nos RI ths puoi2e eye
ard mlnd possess. Is : true tnAt some
of these zre rich, beczuse they inherited
from others Who either possessed these
virtues. or that - early pract-cing these
virtues themselves, they learned lUsg
how bes. ~ make tlls most u every
advantage ofered tnem. For,
afleE al, tie hidden mag
Cal poser ~ watch money
Is made, seems 70 be based on the
simplest princ pies OF tie dlElsion, zd-
diuon and multiplication tables, and the
sDclent rule of three. Whether learned
Ia the oil log - schO0l-house, early tram
ing az home. byezanple and pfecelpts,
by strangers, by close attention 10 ousl-
ness. or by contact Win men IA more
pretenuous abOdes, the same simple
principle basis OF calculation prevails
a.a rule. But how 10 successfully ap-
ply these principles IS the question
winch the vast majority OF the world IS
endeayorng 70 solve.
With some, money making Is a. easy
as Il Is for the maker ID breath, u Is IN
the nature Of man or woman with
some It 3 early training ana practical
surround ngs; with others Il comes by
hard work and smail earnings from
childhood up; with Others The acquired
reputation Tor far, just ana honest
dealing. Tho Ways, conditions and re-
suits vary IN their natures.
To most young men, who want 70
make money rapidly, the chOlce OF Oc-
cupaticn is one OF the most momen-
| tous and essential OF decisions.
Professional life has the greatest
l charms for many, from the necessity
OF culture, the higher standard of III
| telhgence and refinement, and the
| comparative degree OF social respecta-
biIity, which professional life Is sup
posed 10 bring.
But It is rare that the professional
man, # he sticks 10 his profession ex
| cluslvely, can make much money.
! The results he may achlese Will bC
! the results of MS own exclusive efforts
lie may have clerks and assistants
but the bulk of the earning OF ms estSb
| llshment is what he himself Indlvidu
ally earns. With a careful business
| man II IS different. He makes niany
others work Tor HIM, and nc receives {
| profit from the labor of each.
| With the manufactures this IS par
ticularly the case. If q good man
ager, he viii, in addition to tn,
labor employed, receive profits from
the natural forces Of his ma
Chinery IN constant operation
The banker, too, has the benefit OF
constant addition 10 his accumulation
by the steady growth of interest, which
day and night goes resislesstiy on ID
way; but the prosperous times OF bank
are in the past, and VIII not return il
our DAYS. Many of the present bank
can show but small margin after take
on stock are paid, and IN many lnstan
ces they lose all they have, and NOR
too, through misplaced confidence, o
mIsmanagement or the part OF cashier
and other officers, or perhaps mlno
employed help.
| Hence, whether the business ma
goes or comes, whether the manutaC
turer Is absent or present, whether h
works or thinks, the steady stream 0
earnings goes on, providing the head
level, and has financial and executlv
ability 70 manage.
With the professional man, 1t is no
so. If he stops, the earning powe
ceases, and when he is dead and gon
the will, the force and the power tha
made hlssmoney, IS buried with hin
Hence, Il would seem that If there is
great desire among young men I
make money rapidly, there is no just
ticatiOn for crowdlng the professions
the extent to which they are no'
crowded, and that the chances for fol
tune are larger in avOcauOns wher
profits can be wrested from the develop
ment of material manufactured Int
| the useful or into the necessities of If
by the use of machinery and employ
ment Of labor. Or living upon th
| monetary necessities ever present wit
his fellOw-men, he has chances fC
fortune which the professions rarel
afford. 1t Is certain that Of all th
ways by which to acquire wealth by
young man, speculation is not II
least.
We need not extend these suggestion
further, but Will simply say, whateve
your occupation. let IT be honorable
BE Just to yourself, but no less so !