Daily camera., 1897-01-18
WOMEN In BUSINESS.
They Rarely Make Fortunes or Go
Into Bankruptcy.
Success Seems to Brighten Rather Thar
Elate Them, and They Are Very
Cautious About In
vesting.

The Draper Record has dug curious
piece of information out of the report
of the insuector-general of bankruptcy.
This fact is the comparatively small
number of failures among women en-
gagged in business. In a word, it is a
rare thing for woman engaged in busi-
ness to go bankrupt. That is what any
man ccnversant with business would eX-
pect to be told, and in his case, at any
rate, the statistics correspond with the
general impression of the world, that
women in business are more careful
than men-less liable to run into excess
and to ruin themselves by too adventur
Gus spirit.
There is another fact about women
who trade which is not to be found in
any return or body of statistics, sp4t
which is none the less fact 1t is that
women very seldom, indeed we might
safely say never, make fortunes in busi-
ness. At first sight it may seem as if
these two facts had little or nothing to
do with each other. In truth, how
ever, they are closely related. The
methods of doing business which
bring men great fortunes also bring
them bankruptcy. 1t is just be-
cause women do not become million
aires by trading that they seldom come
to ruin. Ask any man who has built up
great business by trade how it was
! that he managed to make his fortune
| and to develop great industrial organ
ization out of nothing. After he has
remembered to pay his homage to luck
almost all men of business at the bot
| tom of their hearts believe that they
| owe everything in the last resort to
their good luck-he will tell you that
he got on because he seized every oppor-
| tunity that came in his way and had the
pluck to launch out where other men
! were timid. "If when l had made my
| first 1000 / had funked and had re-
| solved would go slower and not risk
what / had already made, l should be
petty trader still. Instead, | real
lied that the right way was to follow
my luck anu not 70 worry about risk
| ing what l had gained with SO much
difficulty. Accordingly l put up my
first 1000 into business again, en-
larged my old premises and opened
branch, and this though had to go into
debt to do it, and though every one said
there wasn't 10 more trade to be got
! in the district. I got rich because l
dared take my chance and wasn't fright
ened at my first bit of success"
Ask the bankrupt what ruined him
! and he will tell you exactly the same
story. IF l had only been content with
| moderate gains I should have been all
right. Only, unfortunately, thought
when l had made my first G 1000 l
could make another 1000 just as cas-
| lily. Accordingly, instead of keeping
what had got, put it all into the busi-
| ness again and went on doing this till
in the end l had lost everything" But
a woman in business when she has made
her first 1000 never acts like this.
Instead of being elated by her success
she is little frightened. "It is true
she argues. 81 have been lucky this
time; but then think of the chances l
ran of losing my money altogether.
Most certainly | will not be such fool
| as to rum the risk again. have got my
C 600 safe and will keep it So With
this resolve strong on her she does her
| best TO guard her G1,000 and goes on
| with her business as before, only try
| ing to avoid more than ever the risk
of making losses. To put the matter in
&c hpr h11ci-
ness on the cardinal principle of max
ing as few losses as possible, man on
the cardinal principle of making asmany
profits as possible. The woman's MAXIM
! is "Ayoid LOSSES" the mans Look out
| for gains. london Spectator.