The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1890-08-22
TIE ROAD 10 SUCCESS.
Young Men Now Enjoy Grcst-r Orpo
tunities Than Ever lseCorc,

tuuttte0 Th0N Ever xSekOfcs 3a
There arc three great rocks ahead Of
the practical young man who has his
foot upon tho ladder and is beginning to
rise, writes Andrew Carnegie, in tho
Now York Tribune. First, drunlscn-
ness, which. of course, is fatal. There
is no use in wasting timo upon any
young man who drinks liquor, NJ matter
how exceptional his talents. Indeed,
tho greater his talents aro thAgrcatcr
tho disappointment must be. Tho Sec
ond rock ahead is speculation. Tho
business of u %spccul;itor and that of o
raanufact.rcr or NAN of aiiairs arc not
only distinct but Incompatible. TO be
successful in the business world tho
manufacturers and tho merchants
profits only should be sought. Tho
manufacturer should go forward stead
lily, meeting tho market price. When
there arc goods to sell, sell them;
when supplies arc needed, purchase
them, without regard to the q
llct price in either case. / have
never known a speculative manu-
factIrcr OIL business man who scored .
permanent success. He is rich day,
bankrupt the next. Besides this, tho
manufacturer aims to produce articles.
and in SO doing to employ labor. This
furnishes q laadalDle career. A man in
this vocation is useful to his kind. Tho
merchant is uscfully occupied Gistribu-
ting commodities; the banker in pro-
viding capital. Tho third rock. is akin
to speculation Endorsing. Business
mon require irregular supplies of
money, at some periods little, at others
caornous sun.s. Others being in tho
Same condition there is strong tcmpta-
ton to inLorsc mutually. This rock
should be avoided. There are cmcr-
gcmcics. nc doubt, in which Nor should
help their friends, hut there is a rule
that will keep II safe. No III should
place his n.lmc upon the obligation of
another If he has not sufficient to pay it
without dctrinlcnt to his own business.
1t is dishonest to do 50. Men arc
trustees for those who have trusted
them, and tho creditor is entitled to all
his capital and credit. For onc's own
firm. your namc, your fortune and
your sacred honor but for others, no
matter under What circumstances, only
sIch aid as you c:sn render without dam
ger To your trust. II is q safe rulc, there
fore, To Givo tho cash direct that you
llavc to spare for others and never your
Endorsement or guarantee.
One great cause of failure of young
mon in business is lack of conccntra-
ton. They are prone to seek outside
investments. Tho causc of iaany a sur
prising failure lies in so doing. Every
dollar of capital md credit, every bust
ness thought should be concentrated
upon tho business upon which a
man has embarked. lie should never
scatter his shot. 1t is a poor business
which will not yield better returns for
increased capital than any outside in
vcS;rlcnt. No man or seto of G,cn or cor-
poHation can manage u business mans
capital rs we'll us hc car manage it hi1a-
self. Tho rule, sDo not put all your
eggs in one basket" does not apply to a
mans lifa-work. Put all your eggs in
one basket, and thcn watch that basket,
IS tho truc docrrlne-tne most valuable
rulo OF all. While business OF all
kinds has gone. and is still going rapid
ly. into a fow vast concerns, it is never
~t!iclcss demonstrated every day that
genuine ability, Interested in the pro-
ITS. Is no. only val.ablc bat ii.ais-
p"ascblc to their successful operation.
Through, corporations whose. a!.as@s s7n
sold daily upon the market: through
partnerships that find i. necessary 10
intcrcnt their ablcst workers: through
merchants who c;n manage their vast
enterprises successfully only by inter-
ca.ing exceptional ability: in every
quarter of the business world, avcnu
rrc.tcr in number, wider ~ extent.
easier of access than eve: before OK
listed. stand open to the sober. frugal,
energetic and sble mechanic. to scion
ideally educated youth, TO tho Office
hey and 10 the clcrk-avcnucs through
which they can reap greater successes
than wore ever before within the reach
Of these classes in the history of the
world.
When. therefore, the young man, in
any position or in any business, cx-
plains and complains that he has not
opportunity to prove his ability and to
rise to partnership, the nswer suf.iccs:
The fault. dsar D-r.rs, is net in cur stars,
Itnt ga ~,,., H.. Az. -. -. ---e 81