St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1891-07-11
GETTING RICH.

jean X. Lutllun. in n. Y. Ledger.
GETTING RICH.
0rafton's Speculation and the Les
son 1t Taught Him.
"I've been too long plodding. Now I
mean to 60 to work and make money"
said Albert Grafton
lyon have saved up two hundred dol
lars q year for the last five years. Al
bert" said his wife. "Is not that doing
wcll?"
'Only a thousand dollars in five years!
That's rather poor prospect, Alice"
Il fancicd it was doing we'll Still, l
shall be glad il you can do better. But
what has made you discontented on q
sudden"
Il will tell you. You know Champion
In our Officer"
"Ycs."
'Vell, three months ago he received
. legacy of a thousand dollars from an
aunt OF his. What would you have
done with ito"
''Put it in the savings bank?"
"Whcrc it would have earned by this
time fifteen dollars interest He did
better than that lie bought shares in
. mining company, and to-day he sold
out for two thousand dollars"
Doubling his money!" said Alice. in
surprise.
"Ycs, and in three months That's
what call doing good stroke Of busi-
ness"
"Ycs. but there was a risk about it W
''Of course you can't gain without in
curing some little risk. Now suppose
he doubles his money again in the next
three, or, say six months, he will have
four Thousand: sum which it would
take us twenty years to lay by"
''Slow and sure is good rule, Al
bert"
81 really believe. Alice, you would
prefer a snail to a horse. II I were 60
ing to live as long as Methusaleh,
might be satisfied with my slow gains.
As I don't expect that. l mean to take
q shorter end to fortune"
II am afraid. Albert, that it will
prove short cut to poverty"
Don't croa!s. Alice. Trust to me,
and you will ride in your carriage yet "
Albert Grafton began at once to look
ont for some profitable mode of invest
ment for the little sum which had been
accumulating at the savings bank for
five years II amounted now, with in
tercst, to about eleven hundred and
fifty dollars; a sum which he had re-
gardcd with satisfaction until he had
been dazzlcd by the lucky speculation
of his fellow clerk. He dropped q hint
to Champion that if he should hear of
. good investment he might be disposed
to embark in it himself. He withdrew
the money from the savings bank in
order to have it ready to use at short
notice.
The lucky chance was hot long in ar
irving.
;. One day Albert came home In excel.
lent spirits.
SWELL. wife," he said. ''what do you
think have done?"
Mrs. Grafton looked inquiringly.
Il have inyested the money"
''How?" she asked. not without con-
siderable anxiety.
''In the Winnebago Mining Company
"a capital thing"
"What do you know about the com.
pany. Albcrt?"
'Oh, it's a first-rate company. The
mine produces tons upon tons Of cop
per every year"
''Ilow do you know?"
"The prospectus says So"
"Are you sure the statements arc to
be relied upon?"
'Of course. Don't be SO suspicious.
Alice. One would think the world was
made up of sharpers."
'What did you pay for the sharcs?"
"Fifty-six dollars. had money
enough to buy just twenty and have
thirty dollars over"
Suppose we put that back into the
savings bank"
''What for?"
1--WE have had money in the bank so
long. that shall feel better if we have
even that little left TO our name"
'It's strange fancy" said the hus-
band. laughing. however. ! will hand
the money to you, and you may do as
you like with it."
He passed over q roll of three ten dol.
lar bills. which his wife put in her purse
and deposited in the savings bank the
next day.
Alice did not look with much favor
upon the Winnebago Mining Company.
even after seeing the circular which
demonstrated in the most convincing
manner that it could not fail to pay q
dividend Of Fifty per cent. the Erst year.
besides rising materially in market
value. thereby making it most desira-
BILE stock to invest in Somehow Alice
was skeptical. and though she could
not detect the fallacy. felt that there
was something wrong. Her husband
became almost angry with her on ac-
count of her persistent disbelief. de-
claring that she was hopelessly preju-
diced
III hope am wrong" she said smil-
Ing family. "I'trust evcn:s Will show
me t. have feared groundleesly."