The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-11

MAKING MONEY.

Tbe Young man entering active life in
Tho state of Washington has no lack of
advisers II he has read Smiles Self
Help. a book too little appreciated, OF the
other standard biographies of sef-made
men, OF which those of Lincoln, Gar
field. Peabody. Childs and very many
others arc conspicuous examples. he Will
ha impressed with the belief that in the
United States no position Is too high. no
goal too far 10 be reached by a man OF
capacity and determination. He VIII
have learned that the poor tanner became
President Grant the humble railspliter
became President Lincoln and the canal
boat boy President Garfield. lie viii
know that Edison, nearly every great
railroad manager. and the tens If thou
sands of successful merchants in the
country owe their advancement TO no
fanciful scheme OF economics. but 10 their
own exertlons governed by well-tried laws
of natural growth. He viii know that
none of these was content TO walt for the
millennium. TO dream away his days in
patient waiting for Utopia. but sprang
into life's arena equipped only with his
own powers as a weapon.
Such a young man viii have read of the
growth of the state Of Washington. of it's
resources TO be developed by industry. It's
opportunities TO he harnessed and ridden
by good judgment and rewards attain
able by persistence and enterprise.
hut as he steps out he viii be met by
the wall OF the failures and the pessim-
ism OF the theorist who seek 10 divert his
attention from the realities of life TO a
nebulous hope of some novel. easy and
Areadian condition In which all may be-
come wealthy by upheayai or redistrihu-
ton lie will he shown how free silver.
greenbackism. the single tax, socialism.
iiatism. or some other "ism." can relieve
him Of the need 10 work. the necessity for
increment of profit.
Ii he is led OF by these decisions old
rs the peopled world. he viii fritter away
his life in purposeless manhood aud an
unprevided Tor old age
II he IS practical. level-headed young
fellow he viii inquire for himself how sue
cess IL achieved by so many. how for
tunea are hmassed. why money makes
money and what that mysterious differ
enee Is between the plodaing enploye and
the comfort securing employer IL these
people OF whom he hears SO much can he
come wealthy. why not hce II the conai-
tons are such that men can make money.
why should he not avail himself Of themr
II tt Is 50 had to be poor. why be poor
JAY Gould is 4 questionable example to
hold TAP 20 young man. because his later
lie Was marked by unscrupulous ranac-
ity But his first steps are good ex-
ample and his precepts arc better. lie
ssid: Getting the FIRST thousand dollars
IS difficult: after that il s. easy lie
learned AZ an early axe that capitai Is
the profit on labor beyond the cost OF
maintaining IT, He spent always less
than he earned: avoided debt and be-
iieved In interest II Is held cut by the
Missionaries that interest IS husbear. and
particularly because it is as fecuna as a
rabbit. Why. since interest viii never 10
abolished. not profit nv i;F II is calcu-
lated easily how a small san, pat out %
earn its living can accumulate. No sur,
80 moaey is 50 small or 81 humble that
IL cannot make more. Interest nay he an
eva. but since it exists Why nor utilize +,
20 your own advantage
There IS not man. healthy. strong. in
teliigent who cannot by prudence ear,
more than he spends. OF IL might he more
correct u say SPEND les than he earns
IL may require selt-den!al ~ expensive
tastes have hecn acquired. but self-denlal
Is needed always. because most men could
sperd more than thev earned IL they let
loose their inclinations even with a
rfincely income. II seems llko primary
instruction in economies, bat. in view 81
the visionary sdvice offered yemwg men
by professional lecturers ard hook ma .
cFs who mako ueney BY trading OF tss
''nrresstoesetity of thsir fellows VITA TIM
practicable. but aaesinS. short reads 10