News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1901-05-29
Why Women Don't Get Rich.

Nearly every woman wants to be
rich and she has vague ideas of how
she should go about making money.
She reads in some newspaper about
some woman who has been success
full in stock operations and the first
spare cash she gets she invests in
stock with some curbstone broker.
Ninety-nine times out of every hun
dred, she loses her savings. Then
she's discouraged, and believes that
it's not possible for women to make
money. She resigns herself to keep
ing house the rest of her life, and her
career as a capitalist is ended.
This woman went about her task
in the wrong way, and so does near
ly every other woman who starts out
to become rich. Those men who say
that not one women in ten has the
money making instinct are very near
lyrigbt. Women like to spend money,
but they don't know how to make it.
If they could become rich in a day, or
a month, all would try, but they can
never make up their minds to work
years to accumulate fortune, as
men do. Women would much rather
spend than earn.
And, because women spend so much
they are hardly ever in the field of
investing when the chance comes
along. No person can invest unless
he has the wherewithal. Most great
fortunes have been started by men
who saved and saved and saved, and
finally had a few hundred or few
thousand dollars to invest whenever
the opportunity should come. There
are many women who earn good sala-
ries, and who might lay by a few
hundred dollars a year, if they were
so minded. But that is not the way
of women. They spend every cent
they make; in most cases have their
monthlyIsalary all spent before it's in
their hands. AS long as women won't
save, we're not likely to have many
women milIionaires in the country.
Sometimes there's a women who
really wants to increase her fortune,
but she soon realizes that conditions
are against her. A woman hasn't as
many chances of making money as
men have. She isn't around among
men as a rule and dosen't hear of the
opportunities for investment which
are talked of, day by day, in Wall
street and other financial centers. She
wants to buy stock she has saved up
few hundreds to invest but she
dosen't know how to goabout it.
Most women are afraid to venture
into regions where man reigns SUI.
preme. This is foolish timidity, for
a women can get along as we'll as q
man in any office, if she only con-
ducts herself properly and looks out
for herself. | am able to manage my
affairs better than any man could
manage them and what woman has
done, woman can do. If | had let
other people do my business for me,
L most likely wouldn't have had any
business to do now, and tits the duty
of every woman, believe, to learn to
take care of her own business affairs.
But there's no denying that bust
ness is a hard school for most wo-
men. AS | said before, if woman
can get rich quickly, all right, but
she soon gets tired of waiting for
profits. In their anxiety to get
money without working for it, wo-
men are the victims of the first bucket
shop man who gets hold of them.
The man tells them that he'll double
their money in month or two, and
they believe him. After q while they
hear that their broker has failed in
business and left the country. Then
they weep and bewai their fate, and
promise their husbands that they III
never do it again. But they will.
Gambling is getting to be a popular
vice with women. You read in news
papers about bridge-whist parties in
fashionable houses. Well there
are worse things than bridge
whist taking hold of the women OF
New York. Half the uptown brokers
make fortunes out of unsuspecting
women customers, who unhesitating-
ly confide their savings to their care.
Most women seem to be born gam
blers. suppose they like the excite
ment of the thing.
Some of the foolish things we hear
of women doing with money are al
most past belief, but we all know
they're true. The old saying that
"a fool and his money are soon
parted" might be changed to read
ga women and her money are soon
parted" and be just as true as the
original. I'd be glad to SEE change
in this state of affairs, and | suppose,
from all signs, that it's coming to
pass. There seem to be more women
in business than formerly, and they
seem to be more successful. This is
possible only when they come to know
the rules of business as we'll as they
are known by men, and so stand an
equal chance of winning. They must
take chances with the men, and COM
pete with them shoulder to shoulder
Mrs. Hetty Green in Success.