Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-04-27
CHRISTINE'S CRYSTALS.
How to be q Rich Man-Masters of the
Money Making Art Point
Out the Way.
Varied Advices to Men Of Small Savings as to
the Better Plan OF Investment.
How and When to Buy.
Copyright by Godfrey wilHston Christine.I

Copyright by GeOftrey williston Christine.l
| For the Gazette.
Some weeks ago the letter which append be-
| low was addressed to some half-dozen Of our
best-known millionaires-in every instance men
OF the people, who have been the architect of
| their own fortunes and have raised themselves
| by their own eIertions from humole, poor boys
| to an honored place among the monied aristoc-
racy OF our country. This letter was written by
young mechanic OF q Western city, a
| fine specimen of the sober, industrious,
| thrifty, American working man-one who
| is determined to conquer fortune and
| to become wealthy and distinguished.
! March 20, IS9O.-Dear Sir: Knowing that vol
! are self-made man and have achieved wealth
| by your own eAeFtlons, take the liberty OF ask
| ing your advice. am young mechanic with
| wife and child. l make good wages and am
| able, by strict economy, to save about forty dol
| lars per month. now have about five hundred
dollars $500, and am at a loss 70 know what to
| 90 with it. Win you kindly tell me what you
| consider the best investment for small Sa wings
! with a view to making them the nucleus of
| great fortune? Would you advise that they be
| deposited in savings bank, or invested in real
| estate or good stocks or bonds? VIII you also
| please give me any general directions or advice
| that you think will aid young man, just start
| ing IN life, to become rlch? enclose stamp and
| shall be greatly obliged for the favor of
| swer. Respectfully YOURS, ----.
| The frst reply received to the above letter
/ was from the famous millionaire banker and
| broker, so prominently identified with public
| events in this country during the past quarter
| of century, Mr.. Henry Clews:
! BANKING HOUSE OF HENRY CLEws & Co., /
Nos. - and 10 Broad street, :
NEW YORK, March 25 1890.
DEAR SIR-When old Meyer Rothschiid was
asked questions similar to those you have pro-
| pounded to me, he said: u buys sheep and
| sells dear Those who follow this method
always succeed. Few things present better
opportunities to ''buy sheep and sell DEAR
than stocks and bonds, and such securities.
when gilt edged, not only pay interest on
the investment, but also be readily turned
into money at any time, If desirable.
In order to become rich the young man just
starting in life should choose that occupation or
avocation for which he has the most decided
preference. Many has his nose to the
gr1ndstone, so 10 speak, through life, simply be-
cause he has chosen, or his relatives and friends
have chosen for him, some business or profess
sion to which he is not adapted, and which he
finds is not congenial to him, while in q cSEeer
for which nature and education had fitted him
he might not only be happy and successful, but
make his mark as star of the first magnitude.
The Good Book tells that whatever our
hand finds to do should do 1t with all out
might, but young man IS not inclined to do in
Shat way things that ne does not like. But
whatever Young men do voluntarily from choice
they, as q rule, do well. 1t IS therefore very
important for a young man just starting in life
to be sure that the calling in which he engages
is thoroughly congenial to him and one in which
ne can put forth his best efforts with the great
est enthusiasm and delight.
The utility of a collegiate education for sue
cess in business is now being largely debated.
AS the college curriculum and training stand at
present, the ordinary course Is not IN general
calculated to make good business 1t is
enormously regarded by some people as kind
Of substitute for business training in the earlier
years Of the young mans life. There can be no
greater mistake in the beginning of business
career. 1t is in many instances not only hind-j
very truly, HENRY CLEYs,
king Of Minneapolis, whose gigantic fearing
mills-the largest in the worId-daily turn out
10, 500 barrels of -four, writes as follows:
Observation-Disclosures FLOUR MILLS CoMHAEY,
MINNEAPOLIS, MINI, March IS, 1870. /
My DEAR SIR am in receipt of your favor of
the Goth inst. 1 think drst-class savings bank
as secure a depository for money as any place.
There is not much use accommodating money if
you do not get interest on it.
In reply to your request for general advice ana
directions to;aid young man just starting in ifs
to become rich, would say that if such yeulk
is in the employ of others IL should bes<is \
aim to his salary many times over, andsfz8tf7
be contented to earn it but once and merely ofvss
satisfaction to his employees. He should strive
to do more. In nv first years IN business,
though neither asked nor expected to do SO,
frequently worked all night. a young man who
thus devOtes himself, heart and soul, to his en-
ployer's interest will soon find that his devotion
is appreciated, for even il his employers should
fail to reward 1t, someone will surely observe Ie
and the way OF promotion viii open before him.
There are vacant places in the higher walks of \
every business and profession for the young man
who follow this course.
Some men fail because they overrate their
own ability and underestimate that of their
competitors. Such q mistake should be care
fully avoided. Let a with ever so great
natural ability, but lacking a capacity for hard
work, compete with duller man but one who
tolls early and late, and the latter will o1trun
him on the road TO success every time. Wed
natural ability to hard work and you have
combination that nothing can defeat. Yours
truly, CHARLES A. FFLisBURyS
Hon. Roswell P. Flower. the millionaire merff-.i
Der of congress from the Twelfth New York dis
trict and an available candidate for the nr2si-
Dental nomination on the Democratic ticket
sends the subioined response to my young |
friends letter.
House OF REPRESENTATIVES, Q.
WASHINGTON, D. c., March 70. 1890. I |
Ny DEAR SIR-In reply to your letter of the |
20th inst, would say that il would seem to |
me, were I in your position, that would buv
some real estate in your city. You cannot du-
plicate real estate. You can duplicate AMI
other kind OF security, and as the co91sSy |
grows, real estate viii improve IN value. *
You could doubtless buy small piece dfprop- |
erty that would rent for more than enongh to !
pay the taxes upon it and the interest Zon the /
mortgage Won would have to give This snr- /
plus you could save, in addition to what you are [
now saving out OF your wages, and youcould ]
swer, therefore, 70 the first question cont3s1ed |
In your letter is that real estate is the best s1-
vestment for small savings 20 make them tia
basis of fortune.
know of no better way for young man inst 7
starting in life to become rich than % be=sIways
sober, honest, industrious and eennomics1, toJ
be true to his employers and hir.self to save al
he can without being parsimozdous, and to in
vest his savings iudiciously u the way have
indicated. Very truly y9nrs.4
Hon. Benjamin F. Butlers the miliionairsSk
manufacturer lawyer, soldier aaI1a StatascsIzfn.
comedies with Mr.. Flowers hfe1 tsseflnlste OF
low: -
80 LOWELL, MASS, March 30, 1890
s8s5EAR SIR-All the improved real estatzean
Boston as . rule has paid its interest andazzxes
and quadrupled in value during the past fifty |
years, while during the same period 90 per |
cent. OF all the merchants and trsderA- in