Waterbury evening Democrat. [volume] (Waterbury, Conn.) 1887-1895, 1891-07-22
WITHOUT CAPITAL.
TOW the Refusal Of a Loan Led
to Success.

''In spite of everything l can do, am
still penniless," and Ralph Gorden
buried his face in his hands.
Ralph had sense, but he lacked CAPT
tai. Capital and he would have been
an assured success. For this purpose
he would consult Mr.. Horton, the
banker.
Good evening, Ralph" said the
elderly gentleman, looking over his
gold bowed glasses and exhibiting a
very cordial and patronizing manner
Ralph was always respectful, and if
you will study his career you will read
lily perceive how important part po-
likeness played in his social and bust
ness relations.
Il wish to engage in business.
"Have you capital?"
"No, sir; but"
'Ahv
could amass fore"
II beg yonr pardon. l never lend
money without real estate security"
The answer was decisive.
First failures have been the sue
cesses of many, Ralph Go try"
Ralph was not discouraged. But on
the following morning, when the sun
rose in his old time glory, the birds
sang their wild familiar songs and
business resumed it's wonted clamor,
he took little note as he hurried along
the leading thoroughfare of the city.
"NVill you lend me one thousand dol
lars to set myself up in business?" he
inquired of Mr.. Simpson, ono of the
prominent men Of the place.
What sccurity?"
''Nonc. I want it as n favor"
Would be glad to accommodate you,
Mr.. Gordon, but business men don't do
business in that way"
Receiving this all kindly, he sailed
out and entered the private family of
an esteemed friend.
"Mr. Gartcn, can negotiate loan
of one thousand dollars?"
For your sake l must refuse"
Ralph was turning; yet, notice that
the placid equanimity of his temper
remained inviolate. If he possessed no
capital, he had suavity and f0rbcar-
ancc in happy abundance.
"IEe seated, Ralph" continued this
practical man, land / will endeavOr to
show you how Gm your friend in
lloN pCiliS NOlll lllSllNi' AlluO oOIlhSto u
tri1lu paradoxical. But, listen, for
you are in no hurry. If you are in
hurry you will not succeed anyway.
From what l have heard and seen my
self you appear to have an abnormal
feeling that you cannot succeed unless
you have capital Now, if you will in
vcstigate the matter statistically you
will find that nine hundred and ninety
men out of every thousand who have
made u success of business had abso-
lutely nothing to start with"
Yes, sir"
And if you will take the trouble to
pursue your investigation you will find
that u large percentage of business
failures are directly traceable to too
much assistance at the start"
Ralph Gordon was meeting new sur
prises.
Now for your own benefit, I will
not lend you a red cent"
Ralph's countenance fell. And yet
he had sufficient sense to understand
that all the advice received emanated
from the llindest business motives.
But, Ralph, I'll tell you what 1 will
do. You strike right out in some direc-
ton, and if you fail, after an honest
trial you will not be compelled to re.
pay an old debt"
by George, that's SOP
And, furthermore, I will make this
proposition. If you will succeed with
out capital, will give you one Thousand
dollarsr'
Ralph was dumfounded.
Il believe you are right" and Ralph
returned to the street.
On his way through the chief places
of business, he said to himself:
wonder how all these men became
so rich!" He hesitated. 81 will ask
them"
He knew Bangs, Barton & Co.
81 beg your pardon, gentlemen; ma!
| ask you how you became so rich?"
by being penniless at the startP
He also knew the firm of Aldrich
Page Sc Co., by reputation.
What made you so rich, gentle
men?"
by being poor at the start, and no
cents worth of credit"
Walker & Co. had just failed; ant
for the matter of that they had beer
partial failures all along. They ha4
had plenty of money to start with.
$50, So" and Ralph walked thought
fully along. Then am the capital
| TiD and returning hop1a ba ro11ad I'll