Savannah courier. (Savannah, Tenn.) 1885-1979, 1891-06-04
GETTING RICH.
Grafton's Speculation and the Les
son 1t Taught Him.

"I've been too long plodding. Now I
mean to go to work and make money"
said Albert Grafton
"You have savedup two hundred dol
lars year for the last five years, AL
bert" said his wife. ''Is not that doing
wellp"
"Only thousand dollars in five yearsl
That's rather poor prospect, Alice"
II fancied it was doing we'll Still, |
shall be glad II you can do better. But
what has made you discontented on a
sudden?"
~ will tell you You know Champion
In our Officer"
"Yes."
swell, three months ago he received
legacy of thousand dollars from an
aunt of his. What would you have
done with it?"
"Put it in the savings bank?"
"Where it would have earned by this
time fifteen dollars interest. He did
better than that He bought shares in
a mining company. and to-day he sold
out for two thousand dollars"
Doubling his money!" said Alice, In
surprise.
"Yes, and In three months. That's
what call doing a.good stroke of busi-
ness"
"Yes, but there was risk about 1t. "
"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; n sum which 1t would
take us twenty years to lay by"
"Slow and sure is q good rule, Al
bert"
~ really believe, Alice, you would
prefer snail to horse. If were go
ing to live as long as Methusaleh,
might be satisfied with my slow gains.
As don't expect that, mean to take
a shorter end to fortune"
81 am afraid, Albert, that 1t will
prove a short cutyto poverty"
Don't croak, Alice. Trust to me,
and you will ride in your carriage yet. y
Albert Grafton began at once to look
out for some profitable mode of invest
ment for the little sum which had beer
accumulating at the savings bank fol
FIVE years. Itamounted now, with in
terest, to abont eleven hundred and
fifty dollars; sum which he had re-
garded with satisfaction until he had
been dazzled by the lucky speculation
of his fellow clerk. He dropped a hint
to Champion that il he should hear Of
good investment he might be disposed
to em bark in it himself. He withdrew
the money from the savings bank IN
order to have 1t ready to use at short
notice.
The lucky chance was not long in ar
irving.
One day Albert came home in excel
lent spirits.
"Well, wife," he said, "what do yol
think have done?"
Mrs. Grafton looked inquiringly.
"I have invested the money"
"Howp" she asked, not without con
siderable anxiety.
"In the Winnebago Mining Compan,
"a capital thing"
"What do you know about the com
pany, Albert?"
"Oh, it's first-rate company. Th'
mine produces tons upon tons of cop
per every year"
"How do you know"
1.-THE prospectus says So"
"Are you sure the statements are T.
be relied upon?"
"Of course. Don't be so suspicious
Alice. One would think the world wa
made up Of sharpers.
what did you pay for the shares?"
"Fifty-six dollars. l had none,
enough to buy just twenty and hav
thirty dollars over"
Suppose we put that back into tn
savings bank"
What for?"
"We have had money in the bank S
long. that shall feel better If we hav
even that little left to our name"
i; 'It's strange fancy" said the hus
5 band, laughing, however, / will han
, the money to you, and you may do q
you like with it."
. He passed over q roll of three ten dol
! lar bills, which his wife put in her purs
, and deposited In the savings bank tn
: next day.
Alice did not look with much favo
upon the Winnebago Mining Company
. even after seeing the circular whic
demonstrated In the most convincin
: manner that it could not fail to pay
;; dividend of fifty per cent. the first yeal
' besides rising materially in marke
I value, thereby making it a most desira
BILE stock to invest in. Somehow Alic
was skeptical, and though she coul
t detect the fallacy, felt that ther
IS something wrong. Her husban
became almost angry with her on az
count Of her persistent disbelief, d,
claring that she was hopelessly prejr
diced.
7 81 hope I am wrong" she said smi
ing family. II trust events will sho,
me to have feared groundlessly."