Catoctin clarion., 1890-03-27

we must take things as they come
of course; but when the sun shines, it's
the time to make hay
i hope you will make plenty of It,
and be ready for shower, If that
should come
Trust ME for that. l know what |
ain about. You'd better follow my
example,
'How move into u larger store ?
Yes; take this one which | am about
to leave.
John shook his head.
1t is too large for lne, he said. 4
am not vet ready to enlarge my opera
tons beyond my present limit.
Well it's good advice I'm givingyou,
whether you take it or not.
I've no doubt you think so, Stephen.
l hope you will meet with no reverses
to shake your fllth in your motto
So the two cousins again separated,
and each continued to do business in
his own way. Not only did Stephen
increase his business expenses by occu-
pying a store at y higher rent. requlr-
ing an additional number of clerks. but
he also moved into large house and
set M carriage.
But circumstances still favored
Stephen. The rise in prices continued,
though not to as great an extent, aud
his stock being larger, be cleared anoth-
er FIVE thousand pounds. He began to
think of himself as destined to be
lucky, and IN no danger of any revers-
es. But at the end of the third year,
which was less favorable, he barely held
his own. Still, he was worth fifteen
thousand pounds. The tide had turn
ed, and be should have taken in sail
But this he saw no necessity for doing.
So for two years longer he kept Oh
his way. In that time goods fell very
considerably. His stock was very large,
and his losses also very great. His
property had shrunk to eight thousand
pounds, while Johns had increased to
nine thousand, and be was now the
richer of the two. John now felt au-
thorlzel IN renting a somewhat larger
shop, while Stephen remained in his
own.
shall not be able, nor would it be
interesting to detail the varying for,
tunes of the succeeding years. Suffice
it to say, that at the end Of ten years
John was worth fifteen thousahd
pounds, and was carrying on safe and
profitable business. Stephen found
himself at point where failure was in
evitable unless he could obtain the i'm
mediate use OF ten thousand pounds
His personal extravagance and III
Judged expansion may account for this
In this dilemma he bethousht hln-
J sci: OF his uncle He made his way to
the well known counting room and was
shown INTO Mr.. Llngard's private room.
\ hope everything is going well,
Stephen,' said tie merchant.
% YES s,id Stephen, "that is, well.
But, to tell the truth, I'm in tight
place Just At present.
Indeed I'm sorry to hear it,.
You see my operations are pretty
, large, and am afraid ! shall have to
suspend unless ! can raise ten thousand
pounds within a week.
That's a large sum-
We'll, my business is large
What do you estimate your stock
at
Twenty thousand pounds.
VIII ten thousand pounds set yon
free entirely?'
No, said Stephen. reluctantly. I
have bill to the amount of eight thou
sand more maturing in six months
'Deductng the proper margin, it is
doubtful if your assests equal your LA
blties.
"A loan of ten thousand pounds
would give me chance to right myself.
Will you come to my help Mr. Lingard!
The old gentleman shook his head.
Frankly, no. l resolved when |
started you in business to leave you to
Yourself without further help. Obsery.
ing how you started, l toresaw how
things would turn out. You have held
out longer than I anticipated
Then what am l to do, SIR: asked
Stephen, gloomily.
J 1 advise you to call your creditors
and make frank statement. If they
allow you to 90 on, contract your oper.
ations, take smaller store, and begin
over again. If you prefer, however, ]
will give you clerkship at five hundred
, pounds salary. I presume my partner
, viii not object.
Your partner sir? Haye you taken
one?'
Yes, l find | am getting old and
need rest
MAY ask who he is 2
1T is John Warren
l. - l., ,nf