Year: 1872

1. Never incur liability that you do
not see your way clearly to meet.


2. Never. upon any account, indorse
note for friend, unless either he gives
you ample security, or you can afford to
pay il should your friend fail to. More
men have been ruined by endorsing for
others than in an. other way. Many of
the best business men nova days. utterly
refuse to indorse for any one, and this is by
far the best plan.


8. Never fail to pay debt upon the
day you have promised to, aud upon no
account ever let your q te be protested


4. Never allow yourself to be dunned
twice for bill. If you are 20 prepared
to pay it when first presented. fix day
when you will certainly pay it, and fail not
to be ready with the money when the dav
comes. By observing these rules your
credit will soon come to be ranked A l, and
you will always be able to command the
best bargains, because, as the people say,
"you are as good as the bank"


5. Never have money "laying around
loose" or carry much with you. or keep
much On hand in your house. People will
find out your habits in this regard, and
people will talk, and the 6rst thing you
know, professional "cracksmau" will pay
you visit.


6. When sum of money is received,
invest it, first by paying any debt yor owe,
second by securing everying you really
need, Ell her for your family or your firm.
and third, if not required for either OF
these purposes, loan it out on good securi-
ties


7 Beware of owning too much unpro-
ductive real estate. The taxes make this
au Improbable investment.


:. Invest In no enterprise that you can
not to some extent lock after yourself, or
which you do not fully understand. Much
capital is every year fooled away by invest
ment in concerns managed by tricky or
inpracticable men, which never pay divi-
dend, and sooner or later are sold out to
pay the debts that have overwhelmed them.


9 Beware of speculation. 1t Is only
gambling by another name /; and the person
indulging in it is far more likely to lose
SO in it than to make one.


10. If you should be in debt for your
homestead, or indeed for any proI erty. in
sure your life for an amount sufficient to
pay the d.bt, should you Unexpectedly
drop off. and thus avoid the POSSIBILITY of
your heirs losing the whole property in
question. through inability to pay off the
claims against it.


IL. Never permit your expenses, in the
course OF year, to exceed your income.
Bankruptcy is the natural result.


II. Collect any accounts that may be
due you without unnecessary delay. All
claims weaken by age. ami the longer COL
lection is postponed, the greater the chance
of not recovering it at all


13 If you have slow debtor, COM
promise your claim rather than let it hang
along indefinitely. One dollar now is bet
ter thar an indefinite prospect OF five
Better take what you can get aud call it
square in such cases.


IA. Never 60 to law without the greatest
reasons. 1t is game that both sides get
hurt at, aud the chances are only about one
in three that you will get what you consider
justice.


Is. The best provision that can lie made
for ones family is thorough education
each one we mean education 10 its bread
est sense, embracing the entire preparation
for useful life, and for seli-maintenance.
This is better, for every SOL and daughter,
than even the fortune of an Astor would
be-