Peninsula enterprise. [volume] (Accomac, Va.) 1881-1965, 1905-03-25
Caln1age
Sermon
BY Rev.
Frank De Witt Talmase. ID. d.

Los Angeles, Cal, March 19.-What
the whole world esteems, yet what only
the few strive for; what a man reyer-
ences and values as priceless, yet OFTEN
filings away. and what every one
wishes to bequeath to his children Is
the subject of today's sermon, the text
chosen being Proverbs xxi, l, "A good
name is rather to be chosen than great
riches"
What is capital? Money, property
or stock employed In trade, manufac-
ture. etc, the sum invested or lent as
DISTINGUISHED from the income or in
terest," is the definition given by the
photographer. 1t Is wealth producing
wealth. not wealth being absorbed or
being eaten up by expenses. When
Clarence Bowen, the New York editor
and multimillionaire, was young man
he put his savings in a bank for safe
keeping. When he went to draw that
money out he received certain
amount of extra money. what is that
for?" asked the young man. This is
interest money" said the cashier. "Ihis
is money earned by money" "Ihen'
said Bowen, III money earns money,
the more 1 save the more will earn.
The money Clarence Bowen put away
in bank at interest was his capital.
But capital, according TO the lexi-
cographer's definition, is not represent
ed In gold ingots or coin only. climD
with the miner a hillside in Colorado
or Nevada. He points to some rock
and says, There are millions OF dol
lars worth Of gold buried here" why
do you not get 1t out?' Because he
answers, 81 have no capital. l must
have machinery to break the rocks;
must have miners to burrow into yon-
der depths; must have money to cart
away my ore to the smelling furnace
Money must be had before you can
produce money"
20 into a store and see at work the
busy manager Of a great mercantile
firm. l say to him: "Why are you
working for others? Why do you not
work for yourself? If you are smart
enough to manage business for other
men, certainly you are smart enough 10
manage a business for yourself
AYE, aye" answers the manager;
"that Is true. But l have not the mon
ey to start business like this. l must
| have hundreds Of thousands Of dollars
TO sink before l can make a cent. l
must buy my goods from the wholesale
dealer before l can sell them TO my
customers. / must rent q store and
hire clerks and spend enormous sums
for advertising. All these outlays de-
mand a large amount of capital"
Capital represents the seed and the
land. TO use an illustration of the farm.
Income represents the harvests. line
farmer must own or hire his farm and
plant his seed before he can get bis
haryests. or his income. Now, as the
farms and the miners machinery and
the merchants stock are nearly always
valued from the standpoint of money
II Is a common custom to give these
sentences as truisms: 1T takes money
to make money" Everything ami
mate as well as inanimate will bow
before the scepter Of gold" Midas
touch has in his hand the grip of iron.'
But today the author of my text EN-
phatically says: 1.-The best producing
capital man ever had in life is goot
name. 1t is better than all the silver
of the Leadville mines, than all the dla
monds of Golconda, than all the gol(
of the Comstock bonanza, than all th'
pearls of the Persian gulf. Pile up th'
gold ingots Of the United States treas
urv vaults on one side Of the scal'
and put a good name on the other SID
Of the scale, and the good name vii
outweigh the gold" If a good name
such priceless treasure, let us begll
to study why its wealth Is Of such vas
value. It's producing capital must b
and Is enormous. If it were not SC
King Solomon, up to his time tn
wealthiest as well as the wisest ma,
who ever lived, would not have mad
this inspired statement In his book O
Proverbs.
Value of a Good Name.
A good name, in the first place, is nc
pauper. Her mansion is not tn
poorhouse. Her wardrobe Is not file
with rags. Her family plot Is not
potter's field. AS a rule, she has
comfortable house to live in. Her 81
ting room has a glowing fireplace. He
library shelves are filled with book
"She is not afraid Of the snow for ne
household, for all her household al
clothed with scarlet" "She is like IL
merchant ships-she bringeth her roc
from afar." Her husband Is know
in the gates when he sitteth among II
elders of the land" For what h'
' hand findeth to do she doeth with
her might. She gatheretb the reward
of an earnest and practical industr
She inevitably giveth to the holder
her family name all the necessities Il
happy competency and a healthf
physical and mental existence.
You can see this fact demonstrate
in almost every department Of Iii
Honesty is the best policy" whetn
it is found within church walls
down In the busy commercial sectiC
of a great city. My text does not sa
"Be good, and you will be financial
9t poor" Oh, no! II it did, that stat
ment would not be true. 1t would n
be true in professional life, in me
camille life or in domestic life.
70 you and say: "Why is Judge So-an
so the leader of the brilliant bar
- one Of our great cities? They tell
that his practice is worth $4,000