Peninsula enterprise. [volume] (Accomac, Va.) 1881-1965, 1893-07-22

URDA } III Y
RICHES HA We WINGS.
DR:sTALMAeE ON. THE CURRENT r.
NANclAL DISTURBANCE.
Right md Wrong Uses of .Money-How
Men Often Mako shipwreck of Characte.
! In:a1ahlna Haste to Be nich-consola-
tion to tho Unforsunnte
BRooKLyN. July le.-Rev. Dr.. Tai
mage has selected as his subject~for to-
day,astopic of the greatest interest and
timeliness-viz, Comfort For Business
Men the, text being Isaiah xl, 9. Speak
ye comfortably to Jerusalem
What an awful six weeks in CONNER
cialicircles! The crashing of banks from
San sFgancisco to New York and from
ocean 10 ocean. The complete uncer-
tainty that has halted all styles of bust
ness,for three months and the pressure
of tho money market for the last year
have put all bargain makers at their
witEend Some of the best men in the
land#hay faltered-men whose hearts
are senlisted in every good work and
whose hands have blessed every great
charity. The church Of God can afford
to extend to them her sympathies and
plead before heaven with oil availng
prayer. The schools such men have es-
tablshed, the churches they have built,
the asylums and bcnefcent institutions
thoyshaye fostered. will be their eulogy
long after their banking institutions are
forg6tten.,y
Such men can never fail They have
theirftreasures IN BANKS that never break
and gill be millionairee forever. The
stringepcy OF the money market, l am
glad TO say, begins to relax May the
wisdom of Almighty God come down
uponsour national. Legislature at their
converting next month in Washington
and such results be reached as shall re-
store confidence and revive trade and
multiply prosperitiesl Yet not only.
now in the time of financial disaster,
but all through life. our active business
people have u struggle, and think it
will be appropriate and useful for me to
talk about their trials and try to offer
somaicurative prescriptions
<sOyERBURD1iNED BUSINESS MEN.
Inthe first place, have to remark that
a great many. of our. business men feel
ruinons trials and temptations coming to
tthenrsfrom small and limited capital. In
business. It Is everywhere understood
thstit takeg now three or fon times as
much.to do business well as once 1t did.
Oncesa few hundred dollars were turned
Into goods-the merchant would be his
own store sweeper. his own salesman,
his own bookkeepe1. BE would manage
all the affairs himself, and everything
would be net profit. Wonderful changes
havecoma Costly apparatus, extensive
advertising. e1orbitants store rents, heavy
taxation. expensive agencies, are only
partsof the demand made upon our COM
merciai men. and when they have found
themselves in such circumstances with
small capital they have sometimes been
tempted to run against the rocks Of NOR
Ealsa.s fnanciafT destruction
This temptation of limited capital has
ruined men In two ways. Sometimes
they have shrunk down under the temp
tation. They have yielded the battle
before the first shot was fred. At the
first hard gun they surrendered. Their
knees knocked together at the fall of the
auctioneer's hammer. They blanched at
the financial peril. They did not UNDER
stand that there Is such thing as hero
ism In merchandise, and that there are
Waterloos Of the counter, and that q
man can fight no drawer battle with the
sword than he can with the yardstick.
I Their souls melted in them because
sugars were up when they wanted to
! buy and down when they wanted to
sell and unstable goods were on the
shelf and bad debts In their ledger. The
gloom of their countenances overshad-
owed even their dry goods and groceries.
Dependency, coming from limited CAPT.
tai, blasted them. Others have felt it in
different way. They have said: Here
/ have been trudging along. l have been
trying to be honest all these years / find
it is Of no use. Now 1t is make or break"
The small craft that could have stood
the stream Is put out beyond the light
house on the great sea of speculation.
Stocks are the dice with which he gam
bles. Ro bought for q few dollars vast
tracts Of western land. Some man at
the east living on fat homestead meets
this gambler of fortune and is persuaded
to trade off his estate here for lots in
western city with large avenues and
costly palaces and lake steamers smok-
ing at the wharves and rail trains COM
Ing down with, lightning speed from
every direction. There 1t Is all on pa
perl Tho city has never been built nor
the railroads constructed. but everything
points that way. and the thing will be
done as sure as you live And that is
the process by which many have been
tempted through limitation OF capital
into labyrinths from which they could
not be extricated
would not want to chain honest en-
terprisa would not want to block up
any Of the avenues for honest accumula-
ton that open before young men On
the contrary. would like to cheer them
on and rejoice when they reach the goal,
but when there are such multtudes of
men going to ruin for this life and the
life that Is. to come through wrong no
lions OF what are lawful spheres Of en-
terprise It Is tho duty Of ministers OF re-
ligion and the friends OF. all young men
to utter plain. emphatic, unmistakable