Year: 1864

Almost every merchant has been rich,
or at least prosperous, at some point Of his
life, and if be is poor now, he can see
very well how he might have avoided the
disasters which overthrew bis hopes
He will probably see that bis misfortunes
arose from -Deglecting some of the follow
ing rules: Be industrious. Everybody
knows that industry is fundamental vir-
tue in the man Of bus ness But 1t is not
every sort of industry which tends to
wealth. Many men work bard to do q
great deal of business, and after all make
less money than they would if they did
| losa IOdSNst~~- -N-s>'1 ~ ~--~-~AsA ID
setting to all the details of business; in
carefully finishing up each separate un-
dertaking, and in the maintenance Of such
. system as will keep everything under
control.


Be economical This rule also is iami-
liar to every body. Economy is q virtue
to be pracIiced in pence as much as in
pounds. A shilling day saved amounts
to an estate in the course of life. Econ
omy is especially important in the outset
of life, until the foundations of an estate
are laid. Many men are poor oil their
days, because when their necessary ex-
Penses were small, they did not seize the
opportunity to save small capital, which
would have changed their Brtunes for
the whole of their lives.


Stick to the business in which you arc
regularly employed. Let spectators
make their thousands in a year or a day;
mind your own regular trade, never turn
ing from it to the right hand or the left
If you are a merchant, professional man,
or a mechanic, never buy lots or stocks,
unless you have surplus money which you
wish to invest. Your own business you
understand as we'll as other men; but other
peoples business you do not understand.
Let your business be some one that is
useful to the community. All such oc-
cupatiOns possess the elements of profit in
themselves, while speculation has no such
element.


Never take great hazards. Such haz-
ards are seldom ever balanced by the pros
poets Of profit; and if they were, the habit
Of mind which is induced, is unfavorable,
and generally the result is very bad. To
keep what you have should be the first
rule to get what you can fairly, the
second.


Do not be in hurry to get rich. Grad.
ual gains are the only natural gains, and
they who are in haste to be rich break
over sound rules, fall into temptations and
: distress of various sorts, and generally
fail of their object. There is no use in
getting rich suddenly. The man who
keeps his business under his control and
saves something from year to year, is al
ways rich. At any rate he possesses the
highest enjoyment which riches are able
to afford.


Never do business for the sake of doing
it and being accounted great merchant
There is often more money to be made by
small business than large one; and that
usineSs will in the end be most respccta.
BILE which is most successful. DO not get
deeply in debt; but so manage as always,
it possible, to have your financial position
easy, so that you can turn any way you
please.


DO not love money extravagantly. We
speak here merely with reference to get
ting rich. In morals, the inordinate love
of money is one of the most degrading
vices But the extravagant desire If ac-
emulation induces ali eagerness, many
times, which is lmprudent, and so misses
its object from too much haste to grasp it,