The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1898-01-11
FACE THE FACTS.

"What will 1t cost you to live and
support your family during the year
1893? How much money can you make
and how much will you have to spend?
! How much do you expect to save? II
you are o farmer and must borrow,
how much will you borrow How
much can you afford to spend and still
be able to pay your debts next Novem-
ber, supposinR that tho price of cotton
Same crop that you mhde last yenr? Are
these questions that you havo asked
yourself?
"Thorc arc two ways "Of doing busi-
ness" Ono is to take no thought of
tho morrow. II your little boy wishes
n shot gun and you have ten dollars In
your pocket, you can buy it. Thon
you can buy barrel Of flour on q
credit. If your daughter. asks for a
new dress, and you cap borrow tho
money. you con give 1t to her, though
sho could perhaps get along without it.
If you see buggy In town that "takes
your eye" you can buy 1t, and, comfort
ing yourself with tho vague thought,
"Tho money will como from some
whcrc," you may go your way family
rejoicing. Meanwhile, you do not
know how much money you arc actual
ly spending. If tho purchases were
itomjzed and added up the aggregate
would astonish you and you would hes
itate to believe what tho figures told.
You have drifted along, indulging
your wants rs they rose and havc shut
your eyes to settlement day-fancying
that by some supreme effort or by some
good luck, the nature Of which you
cannot and daro not attempt to fore
tell, you will 'como out all right"
This is tho way OF doing business that
forces man to mortgage his property
at tho ond Of the year, that makes him
morosc and sour and unhappy and dis
satisfied and that brings him to ruin
and poverty.
'"Thc other way Of doing business Is
down what you can at tho very least
calculation hopo to make. Figure that
You will mako half q crop, our obsorva-
tion being that the average man means
by full crOpa very big crop indeed,
Figure that tho crop will be sold ut low
priccs~-Lho cotton at fivo cents q pound.
Figure what it will cost you to make
the crOp--hOw many dollars and how
many cents you will have TO pay out
for fertilizers and labor and for mond-
ing plows aud wagons and harness.
When you havo wrttton down overy
item OF expense, add twenty-five per
not think Of, but which, you may be
sure, will bring themselves to your at-
tcntiOn later on. Add up these figures
and compare them with the amount OF
money that you will havo available
for tho year. Thon you will know pro-
ciscly how much you can afford to
spend and come out even at the end OF
tho year. Make firm resolve that
you will not 1.-Two beyond that sum.
Watch yourself and your family day by
day and 500 that you and they arc
kocping themselves within tho limit,
TO do this may mean and will mean for
hundreds OF families that they must
make quick, sudden and painful
change In living. Luxuries that thcy
have always boon accustomed to must
be cut Off, cOarscr clothes perhaps must
DO worn, each member OF tho famil"
perhaps must work harder and. .rt5n..i ,i5niy
bly, do work Of q moro ,Eshnlntpson t1 nt
charactcr; but at the enHi~lnft 80 tbo '"Se'. Saor
this way of living VIII havo S ~ resnltc, 1I in
and and his family IN good f BUSINESS t~s foot fo
j., hn ,,s nustuesS', tho hardest thing to do
49,, - ~ ioo& !'Ss& qacts In the face. 10 realize
20 notes must DO paid. TO recognize
i that you cannot cat your calto and
!
for granted that cotton will go TO nino
cents and 1T Is so easy to spond money
with that expectation rs basis. Tho
| man who looks at tho future and calcu-
Eating closely what ho can do and must
do and then tries hard to do 1T is almost
suro to get along"
Tho above is from tho Grccnvillo
Nows and is such good now year cdi-
torial and puts tho case SO strongly and
! clearly that We print it in full In our
| editorial column.
The trouble last year was that tho
crop was made on the basis Of receiving
to cents for 1t, as we have bofole re-
marked. DO not expect ovor 4 or S
cents for the crop you are now begin
ming to prepare TO make, and make 1t
on that basis, and II you receive or 8
cents for it you will readily f,nd place
to put the surplus money.