Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-24

| New York district, sends the subjoned
response 10 my young friend letter:
House OF REPRESENTATIVES,. U. s.,
| WASHINGTON, March IS, 1870.
My DEAR SIR-In reply TO your letter
of the 10th inst. would say that it
would seem to me, were l in your rosi-
ton, that would buy some renl estate
in your city. You cannot duplicate real
estate. You can duplicate any other
kind Of security, and rs the country
grows, real estate will improve In value.
! You could DOUBTLESS buy small piece
| of property that would rent for more
than enough TO pay the taxes upon it
and the interest on the mortgage you
would have to give. This surplus you
| can save, In addition to what you are
now saving out of your wages, and you
could apply it TO paying off the mort
! gage. My answer. therefore, to the
first question contained in your letter is
| that real estate is the best investment
| for small savings 10 make them the
basis of a fortune.
| iknow OF no better way for a Young man
| just starting IN life 10 become rich than
TO be always sober, honest, industrious
| and economical, to be true to bis EN-
| ployers aud himself; to save I'LL he can
without being parsimouious. and to in
vest his savings judiciously in the way
have indicated. Very truly yours,
| ROSWELL z. FLOWER.
Hon. Ben amin F. Butler, the Million
aire manufacturer, lawyer, soldier and
| statesman, comedies with Mr.. Flowers
high estimate of real estate as au invest
ment, as will he seen below:
LOWELL. MASS, March so, 1890.
DEAR SIR-All the improved real estate
in Boston, rs a rule, has paid its interest
AMI taxes and qusdrupled in value dur
ing the past fifty years, while dur
ing the same period 80 per cent.
of all the merchants and traders In
the city have failed, and 80 per cent. of
all the business corporations have either
done likewise or gone ont of business, so
that their stock has been wiped out. In
view OF these facts l think II may be I'M
heSita;ingly asserted that nothing else is
so safe an investment for small savings
us improved real estate. Nothing is
| likely TO grow in value faster.
You had therefore better buy a piece
of improved real estate, however small,
that is paying rent. Pay in cash what
little money you have and give your
notes, secured by a mortgage on the
balance in small sums falling due at
short intervals. aud then Use all
your extra Income from the rent
OF your property in paying them
off. You never incur any risk
| in discounting your own notes. and when
your friends find That you are placing your
money where II is perfectly secure, they
will b glad to assist you if those notes
should come due little too rapst4&
Thus in short time, and alNf ffSre
you know it. you will hayo SSfisidera-
Tie and safe invest,nsaf
furnish the 2sfgfart you in business,
you woulj6faBably do better in the long
run ja2&Fmvested it in the way l have
p0feT out rather than to risk it in
trade. meanwhile earning your living by
working for u salary.
For young man just starting out in
life, whose ambition II is TO become rich,
| would say never do a mean thing for
money. Yours truly,
BENJAMIN F. BUTLER.
The great Baruum writes:
"WALpEMERE," NEAR BRIDGEPORT, Conn.,,
April Z, 1870.
DEAR SIR-The safest plan and the one
most sure of success for the young man
starting in life is to select the vocation
which is most congenal to his tastes.
keep himself in good health,
for that is the foundation of sue
cess in lfe-the substratum of for
tune. Shuu rum and tobacco. You
must have q clear brain to make money.
You cannot carry on business success
fully il your brain is muddled and your
judgment warped by Intoxicating drink.
Keep out of debt. Debt drags man
down more than anything else. 1t de-
stroys his self-respect and makes him
almost despirable 10 his own eyes.
Put what money you have and all you
may save in the future ut interest where
it will be well secured. Real estate is
the most safe of all Investments. Money
at interest, with good security, will
work more faithfully than anything else
in the worll. 1t never stops, day or
night, no matter il the weather be wet
or dry.
Engage in one kind of business only,
and stick to it faithfully until you sue
coed, or until your experience shows
you that you should abandon it. What
ever you engage in make it your con-
slant ai,nsto he and to have the very
best in your lineS When sure you are in
the right path persevere.
To make money dishonesty Is the
hardest thing in life. Therefore pre-
serve your integrity. Remember that
than we earn. p. T. BAgNUM.
There Is certainly good advice, and
there are hundreds in Fort Worth who
eau follow it.
James Ryan has number of cosy
houses built on first-clas lots iu the city
which he will sell on small
payments, monthly and otherwise. He
will give all q chance to get home or
make n profitable investment. 1t will
pay you to write or call on him at his
Office on Sixth street in Commercial club
building.