Catoctin clarion., 1890-03-27
SLOW AND SURE.

ews. who had every opportunity OF
studying in the counting room the So
cret of a successful business Career
These were John Warren and Stephen
Grey. Both attained the age Of 25 the
same year, and both on the first of May
were summoned into Mr.. Lingard's
presence. He thus addressed them:
You haYe been in ny employ eight
years; you know how my business is
conducted aud l consider you compe-
tent to manage business Of your own.
Though l should be glad to retain you
longer as clerks, VIII not stand in the
way orvour advancement. l have pac
ed to the credit of each of you, at my
bankers, ti.e sum of $4,000. This will
supply you with a sufficient Easis tor
embarking in business. With econo-
my In your personal expenses, and pru-
dent and ludiclous management, YOU
will succeed. Success to you 7
THIS was long speech for the old
merchant, yet alter u moment he add
cd
i have one thing more to say. This
is all l purpose to do for you. You
have five times the capital | started
with, and with it you must sink or
swim. You have my best hopes and
wishes, but need look for no further
pecunlary aid
His nephews thanked him heartily,
and at once took measures to 20 into
business. John Warren secured mod.
est shop at moderate rent, and deter
mined to do business on cash basis,
contenting himself with such stock us
His own capital would buy. He made
his purchases jndiciously, and overlook.
ed every detail of his business person.
ally.
Stephen Grey had larger ideas. He
hired a shop at three times the rent,
pushed his credit TO the utmost, and
made Il great show at the outset.
Both young men were engaged, and
both soon married. Here, again, DIFF.
ference vas manifested.
John Warren hired small, neat cot.
tage Just out Of London, and furnished
1t in cheap, inexpensive manner.--
One servant onl y was employed, who
together with boy to run errands. was
found sufficient for small establish
ment. But Stephen Grey turned uE
his nose at the cottage, and hired city
house at four times the rent. which, Q!
course, required more servants and a
larger scale of expenditure.
I'm not going to live like a ranIe
be said loftiIy.
But can you afford such a house
Stephen:' asked bis cousin.
MY business profits will be mucl
greater than yours he answered. 4
begin where you will be five year!
hence
Perhaps so, said John shrewdly,-
but where will you he then p
Don't fear for me, said Stephen con
lidsnty I'm ashame! Of you for no
showing more enterprise. You've inn
INJURED youracli in an obscure shop
where you Will do next TO no business.
i don't know about that. Id rather
DE slow and sure. It's better to hul
the shore than get wrecked in mid
ocean.
Perhaps so, but know am on thu
way to fortune. Ten years from nov
! shall have Turned my five thousanc
pounds into hundred, while you may
possibly have fifteen.
4 see you are not to be convinced
ANol Jou, ouPPo9o'
No, my motto is, slow and sure
And mine. nothing venture, moth
ing have
Well, the future can alone decide
which of us is right
So the two cousins separated.
am bound to confess. though my
own feeling is that John was right, tina
circumstances seemed to justify Stepher
in his course. 1t so happened that thu
particular classes of goods of which he
had bought SO largely, rose rapidly
owing to state of things which needn'
be explained, and as his stock was larg'
his profits were also very large. In
deed, notwithstanding his personal cx
penSes We're three times as great as hi
Cousin's his balance sheet showed, a
the end of the year, clear profit Of fiv'
thousand pounds. In other words, hi
had doubled his capital, and was nov
worth ten thousand pounds. John hat
profted, too. by the 1ise, but on accoun
Of the more limited extent Of his bust
ness, advanced to but six Thousand