Waterbury evening Democrat. [volume] (Waterbury, Conn.) 1887-1895, 1891-05-26
GETTING RICH.
Grafton's Speculation and the Les
son It Taught Him.

"I'vo been too long Flooding. Now I
mean to go to work and make money"
said Albert Grafton.
"You have saved up two hundred dol
lars a year for the last Eve years, AL
bert" said his wife. SIS not that doing
well?"
"Only a thousand dollars in ave years!
That's rather a poor prospect, Alice"
81 fancied It was doing well. Still, I
shall be glad II you can do better. But
what has made you discontented on q
sudden?"
81 will tell you You know Champion
in our Officer"
"Ycs."
"Well, three months ago he received
legacy of a 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
q 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 bust
ness"
Eyes, 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; a sum which 1t would
take us twenty years to lay by"
"Slow and sure is q good rule, AL
bert"
81 really believe, Alice, you would
prefer a snail to a horse. If were go
ing to live as long as Methusaleh,
might be satisfied with my slow gains.
As don't expect that, I mean to take
a shorter end to fortune"
ST am afraid, Albert, that it will
prove short cut to poverty"
Don't croak, Alice. Trust to me,
and you will ride in your carriage yet.
Albert Grafton began at once to look
out for some profitable mode of invest
ment for the little sum which had been
accommodating ut the savings bank for
five years 1t amounted now, with In
terest, to about eleven hundred and
fifty dollars; a 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 if he should hear of
| a 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 not long In ar
irving.
One day Albert came home in excel.
lent spirits.
"Well, wife," he said, what do you
think have done?"
Mrs. Grafton looked inquiringly.
| 81 have invested the money"
| "How?" she asked, not without con.
siderable anxiety.
SIN the Winnebago Mining Company
"a capital thing"
| "What do you know about the COM
pany, Albert?"
"oh, it's frst-rate company. The
mine produces tons upon tons Of cop
per every year"
"How do you know2"
1.-THE prospectus says So"
"Are you sure the statements are tt
be relied upon?"
'of course. Don't be so suspicious
Alice. One would think tho world was
made up of sharpers."
"What did you pay for the shares?"
"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 Sc
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 hanC
the money TO you, and you may do a
you like with it."
lar bills, which his wife put in her purs'
and deposited in the savings bank tn,
next day.
upon the Winnebago Mining Company
even after seeing the circular whicl
demonstrated In the most convincin.
manner that it could not fail to pay |
dividend of fifty per cent. the first year
besides rising materially in marlze
value, thereby making it n most desira
BILE stock to invest in. Somehow Alic
was skeptical, and though she coul,
not detect the fallacy, felt that Their
was something wrong. Her husban'
became almost angry with her on &C
count of her persistent disbelief, de
claring that she was hopelessly preju
diced.
ST hope am wrong" she said smil
ing family. 81 trust events will shov
me to have feared groundlessly."