East Oregonian : E.O. (Pendleton, OR) 1888-current, 1905-01-16

%. Publtshers.
here are two branches in the study
riches-getting money and keeping
rom getting away. When a fellow
saved a thousand dollars and
~ nickel represents a walk home
cad OF ride on trolley, and every
ar stands for cigars he didn't smoke
for shows he didn't see, II natural
seems as In that money. when It's
ested, ought to declare dividends
~ thirty days. But almost any
eme which advertises that it will
he small investors rich quick is
one Of these Yellowstone geysers
spout up straight from hades
b a boom and a roar; it's bound to
urn to its native birthstone sooner
later, leaving nothing behind it but
little smoke and a smell Of burned
ney-your money.
Z a fellow would stop to think he
uld understand that when money
mes In % hard 1t isn't reasonable to
)ect that II can go out and find more
Y. But the great trouble Is that a
Sd many investors don't stop to
nh or else let plausible strangers do
Dir thinking for them. That's why
st young men have tucked away
tn their college diploma and the pic
70 Of their first girl an impressive
ed to q lot in Nowhere-on-the-Noth
yness, or a beautiful certificate Of
och in the Gushing Grille oil well
ut has never gushed anything but
s and promises.
Young men are told that the first
ousand dollars comes hard and that
ter that II comes easier. So it does
st q thousand dollars plus interest
sier. and easier through all the in
eased efficiency that self denial and
II control have given you.
IL doesn't seem Ike much when you
he your savings bank book around
: the end Of the year and get a little
70 or $40 interest added or when you
,sh In the coupon on the bond that
,u've bought. yet your bank book
nd your bond are still true to you.
ut II you'd had your thousand In one
I these 30 per cent bleached blond
themes il would have lit out long
70 with a fellow whose ways were
lore eoaxing, leaving you the laugh
nd q mighty small lock Of peroxide
old hair.
You can't too soon make 1t rule to
west only on your own know and
ever on somebody elses say 30. You
lay lose some profits by this policy,
ut you're bound TO miss lot Of
'sses. Often the best reason for keep
lg out Of a thing is that everybody
ne is going into 1t. A crowds al
'ays dangerous; 1t first pushes prices
D beyond reason and then down be-
w common sense The time to buy
J before the crowd comes in or after
gets out. lt'n always come back to
good thing when it's been pushed
p again to the point where it's a bad
hing.
It's better to go slow and lose q goo6
argsin occasionally than to go fast
nd never get q bargain. It's all right
D take long chance now and then
hen you've got long bank account,
ut It's been my experience that most
the long chances are taken by the
slows with short bank accounts.
You'll meet a lot Of men in Chicago
Tho'll point out the corner Of State
nd Madison and tell you that when
hey first came to the city they were
nered that lot for a hundred dollars
nd that it's been the crowning regret
Z their lives that they didn't buy It.
Tut for every genuine case Of crowning
egret because a fellow didn't buy
here are thousand because he did.
,on't let It make you feverish the next
line you see one Of those won't you
ome In quick and get rich sudden ads
'reeze up and on to your thousand,
nd by and by you'll get a chance to
ny q little stock In the concern for
yhich you're working and which you
now something about, or to take that
and one or two more like IT
nd buy an interest In a nice little bust
ess Of the breed that you've been
rooming and currying for some other
,ilow. But n your moneys tied up In
,e sudden millionaire business you'll
ave TO keep right on clerking-
A mans fortune should grow like
se-in rings around the parent trunk
n be slow work at first, but every
M VIII be q little wider and q little
ticker than the last one. and by and
! you'll bs big enough and strong
,ough to shsd a few acorns within
~ reaching distance and 20 start
&c little nursery Of your own from
hich you can saw wood some day.
'henever you hear Of a mans jump
g suddenly into prominence and for.
me look behind the popular explana-
On Of q lucky chance. You'll usually
I'd that these men manufactured their
IN luck right on the premises.