1. finance
2. personal finance
3. saving

How
Make
TO
SUGGESTIONS
UPON
GEO.
Author
of
THE
AND
SAVING,
"
How
to
37
Educate
29
MONEY
Yuutaclf,"
elc,
e
YORK
PUTNAM'S
AND
MAKING
EGGLESTON
NEW
P.
OF
ART
USING
GARY
Living
a
West
SONS
33D
Street
...Coogi
"*.
F.
FUTXAM'S
SONS,
...Coogic
PREFACE.
Uttle
This
In
it, I
preparing
and
usefulness,
than
The
which
in
period
there
is
not
in
the
answers
and
to
suggested
to
a
given
its
whole
in
all
homely
the
numerous
parts
in
reply
shall
like
to
prove
the
than
more
of
of
circumstances,
it
be
found
advantage
the
deserve.
practical
upon
weekly
little
paper,
pages
the
and
which
is
question.
earnest
to
inquiry
of
during
country,
following
one
eration
consid-
to
letters
the
practical
its
other
no
hints
household
a
paragraph
a
sort
by
for
may
of
conducted
I
hardly
others
from
me
which
some
volume
a
for
only
asking
teachings
whatever.
pretensions
concerned
press
its
such
first
came
it to
which
literary
no
been
send
I
of
was
makes
have
that
need
matters
done
manual
the
book
If
questioners,
will
have
duty.
...Coogic
"
/",-/;
Cy^t^t^IM^'M
CONTENTS.
L
"
The
Value
Money.
of
lis Relation
Its Value
not
The
Cost
of
Too
Much
1I._Xhe
III,
"
Limit
The
General
to
Right
Making
Make
to
Money.
Money
20
22
Error
of
22
Business.
a
of
Choose
in
a
Choosing Wisely
25
Business
26
Business
34
Money.
and
Value
The
of
Rule
of
Marriage
ir
o" one's
Persistence
IV."
lo
Dangek
Importance
How
One
iG
the
Choice
The
9
Money
and
The
The
Fixed
a
Things
Money
Duty
Sources
Other
to
and
the
Cost
of
a
Family
39
Marrying for money
The
TT."
Advantages
The
Difficulties
How
of
Extravagance
The
TO
Mr.
What
Live
on
Mieawbet's
is your
41
Wives
of Domestic
in
the
your
41
46
Partnerships
Way
47
Income.
Rule
50
Income
51
"
How
When
The
Expensiveness
Habit
Buy
to
as
106
Investment
an
107
Buy
I07
the
Secure
Profit
of
your
108
Investment
loS
Story
of
Purpose
Why
How
to Insure
ill
you
II2
?
Insure
113
116
Object Sought
Another
Chapter
the
Insurance?
is Life
Should
What
'05
Buying
of
Insurance.
What
For
103
Houses
Man's
99
103
Kent
Home
to
The
79
Convertibility
Advantages
Where
What
74
Life
;
or
we
a
The
73
Law's
John
of
Question
Buying
The
at Work
of
One
73
Bubbles
Mortgaged
Life
Savings.
Money
own
How
6S
of Investments
Shall
"
67
with
Story
The
64
Principles
Safety
The
63
of Sham
of Sel"-Control
Do
to
Keeping
Our
of
Expenses
General
The
61
Debt
Paralysis
What
60
Bills
Little
The
Personal
VII.
5^
Wholesale
by
Concerning
VI."
54
55
Economize
to
Purchases
The
53
Save
lo
How
Average
Save
to
Where
the
within
Keep
to
in
Insuring
119
Objection
Chief
kind
How
I2[
Objection
of
Policy
Much
Companies
to
.
is Best
ought
are
Policies
Endowment
.
,
.
.
i^i
122
to
one
Best
.
?
Insure
?
135
126
...Coogic
HOW
TO
CHAPTER
ITS
Every
difficult
its
to
by
make
is
purchase
be
just
the
as
they
as
in
mind
of
be
bought
and
blunder
is
on
conception
things.
values
The
usually
all,
things
trouble
in
terms
the
comes
of
be
while
a
from
kept
that
mind
the
fact
we
come
when
pally,
princiapt
are
or
to
money
that
which
keeper,
book-
one
us
there
tilings,
conception,
of
so
does,
young
of
rest
relation
and
in
Uie
faint
very
real
money,
the
comes
other
technical
a
difficult
cents,
with
With
is
difficulty
and
cash
and
money
money.
cash
is
for, and
pay
must
ing
noth-
merchandise
dollars
of
purchasing
with
of
It
that
other
must
find
of
nature
affairs.
any
value
life'^with
through
at
one
mastered';
soon
business
understand
gets
other
the
however,
mercantile
as
in
the
as
truly
the
to
his
in
tyros
accounts
one
value
to
are
of
limit
kept
that
of
economy
THINGS.
OTHER
comprehension
money
exact
must
knows
quite
what
an
TO
student
the
that
"
the
in
place
of
MONEY.
OF
RELATION
bookkeeper
so
I.
VALUE
THE
LIVING.
A
MAKE
to
no
other
express
we
to
regard
now
lO
and
dollars
cents
an
the
of
fixed
fixed
gets
of
and
take
we
foot,the
them
with
the
dollar
of
of
point
I
When
and
worth
just twice
measure
of
its value.
diiFerent
countries
at
the
we
are
of
category
same
and, wliile
;
without
we
ment
measure-
any
different
it varies
to
of
the
and
tain
cer-
paper
promises
their
value
in
will
dollar
buy
and
it
this
different
at
of
and
gold, but
buy
any
/. "?., the
real
same
reason,
of
a
given quantity
of
without
a
corresponding
increase
but
one
real
in
the
of
same
money
places quite
article
of
truly
is the
value
other
amount
of
capacity varies
times
different
in
precisely the
for
purchasing
evident, the
is
it will
to
bushels
two
purchasing capacity
Now,
value
"
production
fixed
of
not
it is when
its
times,
production,
diminished
ONE
is not
now,
as
words,
wherefore,
does
truly as
of
the
FIXED
money
gold
much
as
other
cost
The
commonly,
And
sort.
an
ures,
meas-
things in proportion, it is really and
other
In
And
fixed
care,
value
it go
A
reducible
the
bushel.
;
NOT
speak,
always
are
wheat,
varies
by it,let
VALUE
all.
at
which
country
certain
a
fact,however,
gold itself.
in
it
to
sort,
some
are
not
any
precisely
thing
every-
starting-point.
do
we
stituting
con-
measure
know
inquiries of
in
to
a
we
as
"
be, in
to
as
value,
all.
worth
pay,
them,
else
ITS
In
which
these
"
everything
at
it
gallon,
things ; assign
measure
certain
measure
unit
place
to
apt
and
A
behind
go
LIVING.
by
and, understanding
to
A
standard
fact;
pound,
MAKE
invariable
else.
ultimate
as
TO
of
be
gold,
"
or
commerce.
If
the
necessary
to
increased
or
too.
labor
as
diminution
in
THE
the
of
cost
is
(whicfci
if for
be
use
the
reason
in the
in the
change
of
We
gold.
for
causes,
of
the
buy
All this
words,
simple enough, and
that
shall
and
to
no
as
of
know
ultimate
fact
the
plexity
com-
theless,
never-
by its purchasing
just what
yet it is
it is
well
purposes
of
his
mind
it will
as
this
fact
a
fruitful
a
of
ly
constant-
of
source
and
communities,
little
book,
that
the
in the
outset
this
truth,
of varying value, worth
what
it will
buy,
upon
artide
an
power
more.
It
seems
pay
more
dealings
a
must
pay
more
than
we
bear
any
article than
this truth
distinctlyand
for what
nothing
a
evident
sufficiently
for
there, who
read
the
impress
is
money
forgetfulness
for
tionate
propor-
their
to
is worth
money
a
usually is,a
is measured
part of individuals
it is necessary,
reader
that
daily
purchasing
results
we
be
must
be, and
but
us,
of
corresponding
a
is in the
may
And
once.
articles
other
there
these
at
power
less.
no
seems
the
on
there
of money
overlooked, and
error
that
the value
and
there
trace
baffles
more
no
"
always
which
in other
"
gold production,
reason
cause
change
producing
value, as
cannot
that
power,
of
a
diminished, without
or
cost
of
cost
n
tilings,tlie purcliasing
value) of gold undergoes
enhanced
change
MONEY.
OF
other
producing
the
any
COST
book
money
it is worth
?
it is
mind,
"
that
get, and
we
We
cannot
we
worth, and
but
that
we
in most
how
the
cannot
constantly forget that
paying
of the
for
it in
information,
of
many
constantly recognize
in this life without
for the sake
in
truth
some
or
afford
of
us
are
fact that
afford
our
to
we
pay
ly
get literal-
we
way.
the
If
we
culture,or
the
amusement
we
get, in
TO
it is
capable
the
or
of
thing
J and
it becomes
so
the value
its
desired
the
the
on
that
small
cost,
It
purchase it
at
all.
Books
worth.
hundred
only
the
other
had
be
wholly
upon
money.
that
than
more
but
What
whether
their
it is not
is true
not
we
There
every
one
who
a
good
forego
at
ciently
suffi-
a
not
enough
and
ble
desira-
that
afford
cannot
of
are
All
or
these
is
have
or
afford
true
It
and
a
can
both, and
they
of
worth
are
their
ability,
desir-
them.
also, and
something, certainly.
so
them, depends
not
doubt
no
to
great
they
or
money,
If,
buy.
certainly,but
should
things is
pay
than
homes
time
can
rately
accu-
must
to
is
It
we
things, doubtless, and
question, whether
cost.
what
had
it.
educator.
in
the
thing
should
we
we
to
fort,
com-
learn
to
be
to
Comfortable
cost
of all tliese
It is worth
it,or
desirable
or
other
for
for
desirable
more
good
are
are
certain
a
be
and
excellent
an
things
at
question
us
is
Travel
buy
or
desirable
afford
cannot
is
for
price we
high,
well
ease,
case
the
too
to
exchange
statuary.
do
another,
every
shall
better
in
pictures and
are
for
give
must
we
in
we
well
do
be
must
or
thing wanted
we
information,
everything else.
other
any
spent in
smaller
of
true
thing,and
which
wished
thing
is
price be
one
the
hand,
one.
to
as
other
the
which
good,
of
thing
way
duty
coveted
If the
possession.
this
one
our
of the
time
the
culture,or
pleasure, or
paying, in
without
whatever,
the
for wliat
pay
friends,or culture,or
or
or
If
time.
the
rimst
we
reading brings, we
And
money,
us,
give the
to
"
amusement,
or
for
price,
have
giving
the
greater value.
cannot
get
which
the
at
of
tlian
us
LIVING.
A
commodity,
less to
amusement
purchase
We
worth
be
reading
valuable
a
MAKE
HOW
12
equally,of
is worth
a
good
COST
THE
deal, too, but it is
but
have,
afford
Whatever
iu the way
of money
ourselves
now
price we
cannot
need
we
becoming
ways
afford
starve
in
we
which
we
bargains in purchasing
economy
is this
equivalent,at
too
:
in
this
a
erty
prop-
buy
must
for
he
things which
we
to be
seem
are
that
wealth,
and
small
sions,
posses-
health
reallydo
we
for the sake
of
rich.
the
;
Knowing
precious
may
constantly
afford
can
nevertheless,overwork
in
are
will take
regard.
that
money
he
with
we,
paying
careful that you
Be
high
pay,
may
his
are
he
man
than
property,
intellects
our
that
poor,
wise
a
be comfortable
"
of
Every
whatever
these
something of character
purchases
we
With
be
wise
then,
to
and
of these
any
and
and
sacrifice
our
; or
If he
live and
may
truly and
as
"
unfortunately,are
we
kind.
tion,
kind, his educa-
any
character
the
of
gets in life, books, houses, lands,
he
for
more
of
inherited.
have
to
work
at
making
These
possessions.
can
wisely go.
backs.
our
upon
be
must
we
talk about
buy quite
to
we
not
may
nothing
we
it
it which
and
do
clothes
his
energy,
we
think
we
certain
things
pay
very well that
worth
with
everything else.
to
; or
fact
buy the
we
happen
of us,
few
of
limit
we
his skill
intellect,
and
not
that
of
tilingto
good,
of
some
amount
that
good
a
the chief
it,and
get in the world
we
13
even
needs
us
point
desirable
whatever
or
limit to the
a
health, his
he may
MONEY.
everytliing. It is
beyond
life
his
his
money,
of
directlyas
muscles,
but
in
begins
care
only good,
and
money
as
man
the
is,commonly,
when
money,
worth
is
buy,
to
not
Each
there
trouble
quite
not
in life.
sought
The
it is
but
have,
OF
do not
not
of increasing
infinitelysmaller
buy
wealth,
more
There
liable
very
a
are
make
to
first
buy
dred
hun-
a
bad
lesson
money,
or
in
its
price.
...CjOOg
SOir
14
There
more
daily and
think
of
and
property
of money,
there
is
it at
nothing
more
do
To
error.
time,
Agassiz, and
died
been
labor, and
of
most
The
cost
be
to
a
But
than
refused
for
pay
the
he
than
it
to
fortune
it to
better
could
not
afford
they
purchase
and
time,
else.
would
at
been
might
have
without
buy,
felt
and
it.
buy
to
hours
which
need
advantage
he
His
price
a
had
He
lap.
a
have
would
used
was
said
library and
his
his
one's
out
with-
almost
lectures,almost
into
to
the
money,"
knowledge
anything
money
time
from
that
were
he, being
he
thought
high.
Time
time
but
must
flowed
this
avoid
family's absolute
of money
of
last
to
question of
a
as
fore,
there-
Beyond
make
to
and
have
could
precious
man,
books
first
make.
mere
amass
store
have
can.
he
more
wise
too
men
more
worth
and
too,
time
property,
shall
his
a
to
come
danger,
we
to
and
own
making
vast
would
all
from
nothing except
popular
money
money,
than
His
into
turned
afford
abilityto
The
him.
to
easy
should
determine,
must
not
feeling this
constant
that
becomes
owning
homestead.
m_ortgaged
than
his
have
all his
in
of
need
the
and
we
price, and
can
for
that
are
us
money
"I
with
effort,he
very
of
buy.
abilityto
of
he
necessity of providing
wants, the making
We
essential
money
fee!
not
they have,
Iiigh a
too
this,each
much
how
do
representativeof
it is.
buying
who
than
is the
than
LIVING.
only natural
is
which
greater worth
A
people
few
hourly, it
of
MAKE
very
are
money
TO
is not
is not
very
high
a
few
so
always
of
price for
us
valuable
the
who
to
every
only thing
do
the money
not, in
we
one
one
man
it
as
must
way
and
pay,
or
to
was
him,
there
another,
get in the world,
"
pay
^very few
but
are
too
who
THE
do
buy
not
more
of
Each
For
least
at
the
the money
should
it
be
can
worst
of
for
all purposes,
Now
We
know
but
certain
way
certain
tastes
have
j to
desirable
preciselyhow
and
these
and
of economy
of the
sacrifice
short, what
of
price
whether
or
ends
have
we
of
not
we
set
certain
ends.
labor, how
those
live in
to
much
of
dependent
upon
we
must
pay
can
afford
them.
before
us
at
for
reasonable
its
at
use.
and
tastes
a
indulge
; to
to
hand.
live in
to
distress
this way,
; to
complish
ac-
knowing
have
to
these
plish
accom-
precisely how
much
how
self-sacrifice,
much
we
us,
these
If
but
hands
our
this,and
ascertain
we
purchase, and
us
of
these
all
servant,
luxuries
and
amount
indulge
only
enable
of
means,
constantly
Knowing
it is to
have
we
comforts
a
luxuries,to
ends,
of it will
certain
desired
certain
its worth
zeal
our
excellent
will
to
value
except in
money
lutely
abso-
above
strengthens
whatever
of
amount
relieve
; to
value
no
measure
given
a
But
or
even
"
the
excellent
an
It
masters.
preciselywhat
exact
an
that
comforts
has
all know
we
have
we
possible
all
the
is
It
sary.
neces-
ones,
let
to
and
an
for
is not
not
accomplishment.
is
is
people
careful
money
and
worthy
are
tlieir value
to
end.
no
tain
cer-
are
of money
accomplishment
be
as
their
worthy
a
possession
must
us
There
accomplish,
aspirations
forget that while
never
never
so
to
necessary
to
rightlyconstituted
we
things mislead
these
like
their
be
we
happiness, and
own
for
if
"
these
is
there
this.
the
But
unworthy.
not
afEord,and
can
would
us
part
most
necessary
our
of
of which
accomplishment
the
ig
aspirations in life.
certain
each
things which
they
possible than
has
us
MONEY.
OF
than
money
extravagance
worse
COST
we
can
cost,
must
things,
"
to
know
accomplish
we
in
give,
should
do
the
so
now
l6
all
by
TO
If
means.
them
of
predicament
a
We
all.
wishes
is without
that
complish
ac-
precisely in the
in
money
right to
no
case,
live
to
the
have
we
pointed
costly,well-ap-
a
to
necessary
for
pay
luxury,
TOO
The
truth
afford.
is that
in
hundred
deny
short
we
;
ways
of
cut
we
order
In
work;
our
task
a
allow
and
buy
our
care,
then,
We
should
in life.
shall be
ours.
We
should
this,as in everything else,it is
vague
life.
well, and
determine
a
about
As
it is
what
advance
make
things, is
begin
to
neither
to
purpose
other
many
in
shall decide
we
a
the
worst
rule, he
important
precisely to what
end
ends
means
cases,
too
in
view,
for
their
of
creating
necessity leads
us
to
of money,
that
with
does
importance
utmost
intend
one
that
he
sometimes
ourselves
beware
of the
we
deal
good
vantages
ad-
price.
extravagant
an
the
the
a
?
small
when
in
all such
before
with
lest that
necessity for money,
at
that,in
set
begin
widen
souls
our
to
strength
our
it is worth
to
afford
can
travel ; and
and
not
to
purposes
can
money,
deny ourselves
;
doubt
be
we
pinch
rest;
get than
we
we
more
overtax
we
minds
our
there
thing
the
commodity
the
In
that
impoverish
not
than
this
needed
ourselves
for
our
artificial
requires
more
do
may
Can
accomplishment
an
we
than
money
much, indulging extravagant
too
but
make,
can
that
more
style which
a
lives.
be
It should
great
make
us
reading, leisure,study
more
pay
of
most
in
living
perhaps, than
make.
MONEY.
MUCH
begin by spending
We
tastes, and
A
LIVING.
in
are,
who
man
house, but
the
A
cannot, then
we
at
MAKE
two
every
will live.
doing
and
do
a
life.
good
it is possible
which
things
young
in
man
Without
will
do
shall
doubt,
...CjOO
TOO.
Mrs.
Barbauld
usually a
i" he
high
very
exclusion
If
be
must
desire
the
whole
you
must
would
and
devote
life,and
and
keeping
pay
if
who
men,
have
There
be
to
rare
be
else
start.
trying
to
steadily
refuse
to
unhappy,
grow
which
we
good
to
price
The
pay
hand
rich,
give
the
when
you
deny yourself
of
most
the
pleasures
task
one
of
of
most
getting
must
us
which
then, but they
price.
over
pay.
place.
the
is,that
and
to
be
energies, to
must
rich, if
and
world,
sometimes,
deliberatelyrefuse
and
becoming
trouble
the
pay
must
you
price, too,
in this
account
get wealth
and
most
paid.
now
cases
the
would
which
it is the
rich, have
in
you
your
the
to
attention
have,
"
forego
must
If you
add
things,
you
energies
may
If
restrain
is the
of
you
for
easy
your
must
thoughts, your
rich, and
into the
taken
the
at
other
almsgiving;
become
anything
made
seek.
This
forego the thought
must
you
must
exceptional
are
genius
or
; you
money.
and
yourself,you
yourself wholly
would
we
of
to
anything else.
accomplishing
time
task
means
no
acquiring knowledge.
; you
comforts
by
money
the
to
task
nights, your
in
make
can
himself
it is
may
price is
the
your
talent
generous
is
one
man
any
learned,
reputation
money
be
luxuries
of
what
and
of
devote
he
deny yourselfall
making
country,
he
"
price," but
the
pay
this
for
name
the
for
days
your
a
to
the
to
make
industry
and
In
one.
become
given
to
to
rich,while
would
you
chooses
ly
said, that
she
everything else,but
of
become
to
one
when
quantities,if
in considerable
the
MONEY.
truth
spoke
rich
become
MUCH
he
many
to
even
failure
our
We
live
a
rule,one
would
choice
hoping
We
As
plish
accom-
ought
of
us
to
are
get it,while
allow
in
a
be
stantly
con-
we
ourselves
get that
to
too
are
for
stylewhich
HOW
j'8
we
well
can
TO
fortune
a
but
altogethercommendable,
attention
or
as
we
ought, but
as
rich ;
we
the
all the
used
grumble
at
have
to
are
is
Nothing
it at
If you
keep it.
have
only
anything
else.
make.
you
The
accumulation
mere
certain,but
it is
Vet
if
pay
the
price you
they would
have
some
one's
money
for himself
make?
The
self
we
in
to
must
; and
pay
could
is
cake,
of
eat
without
and
mind
means
You
regard
keep
in
a
all
and
soul.
is easy
and
outrageously high
men
or
life,the
end.
your
can,
more
our
object
your
an
ninety-nine
be
shall
we
Work
by these
at
things.
these
have
of
starve
not
which, if
for
all
whether
you
is
having thus
wealth
the
keep
good things, we
and
as
glecting
ne-
hundred
one.
must
wealth.
to
abandon
the
a
higher
purpose
have,
beginning
answer
money
must
price which
the
It is far better
devote
of
but
proper,
cake
money
at
friends,and
our
objects.
and
body
of
nothing
you
all the
your
cost
attainment
all other
Make
Stint
the
to
become
that
decide
before
evident
to
forego
our
to
wealth
surrender
to
eat
of wisdom
set
and
is open
way
to
part
cannot
needy,
are
we
other
this,and
time,
if
money
must
in
the
minds,
innumerable
than
We
it is the
of
deal
are
to
right and
deal
all,we
commoner
unreasonable.
and
is
which
tastes
hands
our
entertain
the
precludes
good
a
do
to
inabilityto purchase
our
us
our
enrich
we
great
buying
cost
open
which
money;
a
in
means
OUT
we
make
to
which
indulge
afford
comfort, which
in
way
which
cannot
we
gettingof
families
our
LIVING.
; we
; we
energy
studies
pursue
A
afEord,perhaps, but
enough
possibilityof amassing
money,
MAKE
and
life
will
the
is.How
depend
idea
from
getting rich and
of
the
question
much
upon
beginning.
each
ntofiey
several
should
can
T
other
to
But
decide
afford to
things.
HOW
TO
MAKE
^
CHAPTER
THE
AND
DUTY
LIMIT
THE
afford
^how
"
he
positive
right
the
world
of
error
than
the
all the
make
to
transcend
world
a
with
debt
failure
it to
owes
capable.
by
out
of
world
as
we
individual
the
We
live in
who
rest.
gives
refuse
may,
the
daily enjoyment
gone
before
the
work
done
us
to
all
render
the
sharing,
in
our
one
by
best
own
of
way
mankind
or
of
in
positively
as
Every
in
return
service.
is
a
man
he
which
is
wrought
also
enjoyment
fellows
our
owes
truly and
civilization
a
and
things, and
these
family
of
us,
other.
a
Life
man
be
is
work
best
very
has
man
every
case
any
more
no
methods.
would
in this
payment
have
of
if he
pay
a
frauding
de-
and
be
every
privileges,and
as
neglect it in
do
to
himself
honest
by
have
limitation
a
can
can
you
you
subject to
There
can
must
to
as
world
results
honestly
fact
honesty
he
refuse
To
the
those
the
The
in
he
money
which
much
thought, that
common
much
wronging
of
capable
are
how
how
dues.
just
it,as well
perfectlyhonest.
a
without
its
and
is
man
MONEY.
you
decided
be
to
MONEY.
MAKE
money
make,
to
in this every
not
TO
much
wish
you
MAKING
OF
RIGHT
how
may
brings duties
the
much
make, for
to
which
ONE'S
OF
make, it remains
to
right
DANGER
determined
Having
making,
THE
II.
living.
still
we
cannot
the
Disguise
community,
another, in the work
each
of
all
AND
DUTY
No
the
to
best
his
The
has
man
force
determine
bred
the
much
work
he
been
a
his
chose
and
by
influence
he has
; the
country
scientific
few
is
case
determine
Besides
Vhich
so
and
to
nature
choose
moral
choose
in
of dollars.
And
which
he
given
best
fitted
his business
growth,
and
as
to
the
lost,too,
of
system
and
world
to
men
every
man
the
our
in
would
late
accumu-
apply
we
clusively
ex-
thirst for
revolution, not
The
but
natural
have
rule
few
to
his
accomplish
may
do
than
conscientiously,
of its
secure
made,
almost
a
the
him, every
to
the
defrauded
Agassiz might
general duty of every
has
make
might have
he
hunger
did, but
the test
was
sion
profes-
built up
well.
wisely and
work
merely by
was
as
Louis
It is
he
educational
that
all.
to
to
completest
should
lives
our
the
working
are
his
have
case,
; the
Penikese
merely
his
it
the
the
which
part of that
if he
more
upon
at
thousands
of
world, which
We
Agassiz
discoveries
one
labor.
to
comes
hope
while
doing.
writing prescriptions in
man,
Harvard,
only, but
applicable
the tenth
he
school
But
scientific
exerted
lost all these
a
the
one
practice of
ever
would, in that
in the
information
schools
have
of
skilled
his
could
in the world.
at
history collections
he
the
its
for
Professor
made
have
than
city,he
museum
be.
shall
sively
exclu-
so
neglect the doing of
to
strongly when
prosperous
only
not
of the
do
to
useful
the world
our
business
21
himself
unfit himself
to
or
most
lucrative
more
European
also
is felt
this
what
world,
MONEY.
devote
as
money,
physician,and might
a
some
making
of
in
of
MAKING
OF
right,therefore,to
a
task
work
DANGER
far
if
pecuniary productiveness.
man
man
the
to
do
owes
the
work
for
it to himself
largest intellectual
greatest degree of happiness
to
...Coog
23
himself
have
and
their
its
those
around
MAKE
as
enough
to
follows
Agassiz,
and
was
On
Cooper
might
have
must
making
be
been
of money
are
of
so
was
many
wealth,
good which
are
magnifying
both
of
make
a
done.
an
and
OF
might
is
so
duty
and
the
do
easy
that work
the world
which
so
Stephen
been
impelled, by identically
men
as
accumulation
of
their
alone
enormous
equally
cellent
ex-
Agassiz
made
money,
his
Girard
and
Cooper
the
part
of
the
task
set
them.
ERROR.
prone
agreeable, that every
the
cation
appli-
It prompted
forego
to
pleasant things connected
man
in its
this
such
To
essential
as
hand,
Had
neglected.
pendent
de-
more
results.
he
which
with
money
applicationof
chapters, and
seen,
few
a
those
much
as
The
that
have
SOURCES
There
of himself and
to various
the laborious
implement
the
make
ends.
other
in
to
privilegeto
in order
the
to
principle,
work
work
rightof
the
stated
one
every
eminently fitted,and
so
Peter
as
wants
already
have
be
may
duty of
it leads
cases
we
greatly needed.
wealth,
business, but
a
RULE.
subsequent
of money
he
same
is the
in
seen
as
accumulation
the
of
things limit
involved
It is his
to individual
for which
things should
these
choice
GENERAL
worthier
sacrificing
principle will be
Girard
//
:
him.
without
can
the
these
supply the reasonable
upon
he
All
money.
general principle
words,
LIVING.
him.
all
THE
The
A
only in
not
pursuit,and
make
to
TO
weight
equally in
man
to
^OIV
the
one
to
of
with
think
us
those
is in
the possession
things
danger
privilegeof accumulation.
of
SOURCES
We
which
we
here
is
make
a
a
think
to
apt
are
danger
a
be
to
best
avoided.
of
is evident.
measure
Without
some
There
desire
a
genuine passion, in
of
growth
hence
this
is
moment
he
These
is
stated
them
that
in
understand,
consider
upon
I.
that
Their
in the
outset, the
subject, and
our
which
It is both
body
in
of
worth
work-
sense
any
the
rightand
the
in
I
duty
of
practice.
of
money-
almost
for the
from
here
them
is necessary,
a
They
new.
ethics
view
this end
purposes
end
an
gladly omit
of
it
for
here
point
and
himself
this little treatise rests,
the
and
allowing
It Js necessary
to
making
avoid
the
least, involves
at
statement
follows.
in view
as
I should
country
every
birth
To
constantly neglected
are
for what
for
conscience.
not
are
override
guarded against only by
itself
whole
our
is of ethics.
foundation
they
the
rests
making, which,
there
often
be
be
to
it becomes
The
worse.
never
money
until
to
rect
cor-
increase,
macliines
constantly
money,
the
so
but for the fact
Upon
making
a
always imperceptible,
alert
keep
always
danger, too,
sure
be
and
extent,
some
not
them,
mere
can
an
general principles
been
have
us
well
can
of
must
regard
to
of
which
one
watchfulness
which
with
it is
case
to
at
abilityto
our
accumulations
our
grow
make
fate
that it is
passion is almost
certainty,one
for
to
no
danger
the
utmost
with
which
than
money,
the
which
consideration, and
other
as
will
accumulate
to
and
sense
things
money,
doubt,
is another
guarded against, namely, that
the
surely, make
fitness for it ; but
our
23
fitted for those
most
callingprofitableis,in
measure
ERROR.
ourselves
readily,and
most
can
OF
all
too,
as
reader
which
we
a
to
are
recapitulate the principles
as
follows:
every
man
to
make
HOW
24
enough
money
his
supply
to
MAKE
the
LIVING.
A
reasonable
of
himself
duty
of every
wants
and
family.
2.
to
TO
It is the
malce
right and, in
much
as
some
he
as
money
more
can,
obligationsto himself, his family, and
3.
Every
price of
the
afford
4.
worthy
human
to
must
man
wealth
pay,
Money
ends,
but
much
good
as
as
itself
effort,wherefore
its
means
an
than
to
consistentlywith
world
be
than
most
the
his
gets, and
most
men
man
large.
at
money
greater
greater
a
the
for whatever
much
is very
and
is
pay
the
sense,
men
are
can
willing
accomplishment
of
end, it is utterly unworthy of
pursuit, except
as
a
means,
must
of
necessitybe debasing.
...Coogi
HOW
TO
MAKE
LIVING.
A
III.
CHAPTER
CHOICE
THE
THE
beginning,
choice
of
on
hand, moulding
every
morally, sometimes
kind
of
what
books
work
hundred
shapes
has
shall
one
the
question not,
the
influence
errors
the
his
spending
of life
Of
inefficiencyand
one
must
must
know
So
embitter
which
agreeably.
for
fitness
choose
an
human
how
much
his associations
and
is
choose
life.
to
So
choice
as
thoroughly
previous
importance
utmost
caprice
the
to
mate
just estiof
fitness
nearly
is
choose
for
the
under
or
a
upon
avoid
half
to
most
the
the
insure
part,
failure,probably,
comes
as
end, and
wisely,determining
business
business
;
be ; and
to
his
even
have
shall
the
to
what
and
are
daily life
his
carefullyonly, but
not
he
leisure
discontent, certainly.
himself
much
worthily, and,
profitably,
unwise
The
It limits
man.
how
determines
circumstances, but
to
to
apt
are
and
intellectually,
physically,
his
the
we
a
ordinarilydone, upon
of accidental
for him.
business
is
as
life of
is,therefore,of the
choose
is its
career
throughout.
man
certainly than
more
It
done.
;
the
him
afEects
far
man's
every
the
; what
read
may
character
every
of
do
otlier ways
his
education
that
he
; it
shall
he
of
determines
even
a
of
WISELY.
greater degree than
a
prosperity
the
business
a
in
which,
upon
think, depends
in
CHOOSING
especiallyimportant part
An
him
OF
IMPORTANCE
BUSINESS.
A
OF
"
But
to
wisely,
choose
too.
intelligently,
possible,and
must
lie
govern
...CjOO
HOW
26
his decision
shall
by
have
most
nofhing whatever
a
is your
If it does
give
not
for
you
hire, and
you
have
be
"
owe
world
to
a
earn
have
right
laborer
that
prehension
misap-
no
here
misstep
is fatal
BUSINESS.
in the
the
upon.
You
live
product of other
fit
no
his
of
though
does
not
it
the
owe
you
must
pursuit.
worthy
world
The
ness,
busi-
a
is
hire,even
phrase goes, but
the
ii: its
is
the
question.
of
that, it
laborer
withhold
in
of
promise
The
to
choice
livelihood
proper
living for yourself.
It is necessary
2.
the
not
excess
also
to
business
is likelyto
of
actual
one's
be
to
means
to
the
than
yieldmore
needs
is
a
neglected, though
Other
others.
some
which
is best
consider
to
somehow,
labor
than
will
and
it is
a
3.
very
which
As
best
we
have
already
work, and
in
of
eveiy
be
must
seen,
man
to
set
in
creasin
greatly in-
point
in
secondary
and
is
that other
is
by
ance,
importbusiness
likely to
things shall
satisfied.
the world
choosing
satisfythe first condition
duty
this
so
support
yield the largest surplus. But in order
or
living. Money
a
things being equal, that
certainlyyield
equal, several conditions
question whether
powerful agent
capacity for good work,
one's
be
fancy
mere
own.
your
no
A
considered,
case.
right to live
no
A
a
any
living,"as
a
it,and
him.
reasonable
no
yourself the
you
and
in
be
earn
a
that
care
with
do
CHOOSE
to
abilityto
business
you
TO
first point
The
LIVING.
of ill always,
source
HO)V
1.
to
shall mislead
and
cases,
A
principles,taking
correct
o" facts
in
MAKE
TO
is entitled
all
between
down
choose
the
above,
the
one
to
your
avocations
it is the
in
perative
im-
following
...CjOOg
HOW
28
high prices. Every
has
he
must
themselves
a
the
those, and
are
reallyfirst
and
who
men
which
they
ance,
perform-
rate
him
become
high
a
capable
have
by
are,
of
that
knows
pay
only, who
those
for
the business
to
of
diligentlyfor him,
Now,
every
capable
are
employer
every
capable
man
is found.
work,
of
sort
of
who
people
work, while
search
he
price when
this
need
merchant,
sort, indeed, is constantly
of any
applicationsfrom
with
he
LIVING.
editor,every
newspaper
doing tolerablygood
when
A
employer
manufacturer, every
overwhelmed
MAKE
TO
of
devoted
and
nature
education, especiallyfitted.
be
physical fitness
Your
4.
You
considered.
than
suicide.
direct
present
out
be
far
of
indicates
of
measure
matter
liability
upon
your
business, the pursuit of which
safeguards against
the
like
5. In
married
to
time
it becomes
man,
recognize
and
society.
which
knows,
depriving
owes,
as
an
his
family
are
are
married
of
in working
control.
If
particular
to
presume
upon
your
choosing
danger
a
ish
dimin-
or
the
likely at anytime
duty,
yoiw
There
of
history of your
part
the
need
and
fortune, in
to
family,
your
it.
claims
the
no
good
indirect
has
your
the
right to
will add
if you
manner,
is within
in
chance
upon
which
life,in health
constitution,or
no
commit
to
world,
likewise,
must,
yourself,to
to
the
to
have
disease,you
health, or
present
a
business
right
it
owe
the
as
in your
that
family, which
classes
full
your
condition, as
there
You
the
more
no
prospective, and
or
live
to
you,
have
for
of
wife
choosing
in
and
professions
man
can
follow
companionship
imperative debt, to those
who
be
a
tion,
avoca-
your
children
and
to
upon
your
trades, as
body
every-
without
which
constitute
unjustly
every
man
his house-
...
CHOICE
hoM.
to
The
adopt
other
shall
set
Some
be.
down
due
they
to
of
such
the
business, and
a
they might
trouble
There
by
life in
be
of
that
less
to
affect
what
and
his
ing
call-
remain
importance
to
by
or
principles,but
of
statement
seems
shall
you
failures,and
to
necessary
our
some
hundreds
of
excellent
of
a
work
work
of
as
(his
In
as
it refers
to
of
more
country,
a
prejudice,inasmuch
poor
of
dint
while
pay,
sort, and
The
respectability.
others, and,
than
to
their
ruin.
may
readily
successful
pursuit
professions we
the
of
feeling that certain
thousands
as
one
qualifiedfor
manliness.
respectable
the learned
what
up
other
some
and
like
friends,manage
for
notion
mistaken
not
people who, by
poor
democratic
way
is not
he
assistance
feeling is,it misleads
unmanly
the
that
is
outset
does
One
which
for
the
at
mortifying to give
ground
doing
the
kind
this
A
life's miseries
things
do
to
level.
your
of
through life.
the
are
find
many
personal independence
in
in
of
; it is
mostly from
is, even
understand
any
intends
which
practice,it
the unwise
doing
comes
far
in
one
there
and
life
callings are
so
he
included, expressly
are
blunder
do, on
to
shown,
A
blunder
a
undertaken
a
life's
embarrass
to
sure
living
them
foregoing
the
fitted.
not
are
waste
in
here.
has
to
right
more
provide
to
deciding
man
people's persistent attempts
confess
favor
no
family which
hardly
especially desirable
to
almost
of
neglected
large percentage
are
of
Most
often
are
is
It
has
considerations
of every
points
implication, in
them
has
marry
he
of the
general
action
the
mentioned.
they
to
callingsthan
discomfort
the
are
govern
direct
likely ever
2Q
him.
These
as
is
these
for the
call about
be
of
one
way
should
who
man
BUSINESS.
OF
HOW
20
of
and
universal
esteem
in the
culture, and
the
to
The
There
o"
practice
serves
the
honor
who
man
seeks
unfit,secures
But
the
which
the
to
means
seems
not
a
respectable
mechanical
may
those
which
in
reason
to
their
honor
in
our
tliat
they
"
in
has
he
in
are
to
serve
than
an
skill
inverse
ratio.
the
tries
mar
many
founded
to
trace
them
lives
which
There
but
the
demand
years
of
well
as
is
the
mechanic
The
be
must
labor, and
possession
pride, as
avocations
not
are
one
unskilled
a
dignified than
more
of course,
gained by
not, and
for honest
for
follow
to
those
distinctions
moment
more
way
than
that
by
idea
The
not.
some
counter
a
itself
professions
those
do
is
ble
honora-
confine
not
unquestionably true.
skilled
a
it
that
dry goods stores,
culture,
justground
is
so
which
callingsmore
which
those
these
That
ones,
absence, and
between
general terms,
the
nearly always
other
in
line
over
evident
but
always greater for
the
a
in broadcloth
not.
may
origin ;
echnical
goods
be followed
becomes
salesmen
of
one,
sell
cessful
suc-
necessary
professionfor
others, does
than
culture,and
to
their
to
the
their
a
sions,
profes-
the
to
unworthily doing anything.
certain
holds
uncommon
might be useful
a
in
instead.
which
pursuit,or,
which
emphasize
by entering
drawing
presuppose
not
profession without
to
respectable
more
or
in
honor
no
a
contempt
prejudice
belong
honor
is
qualifications,
only
is
held
dignity and
is genuine
qualifications
necessary
intellectual
following.
vhich
intellectual
worthily
matters
are
there
dignityand
The
but
is
possession of both
these
; wherefore
LIVING.
pursuit of callingsof this kind, provided the pursuit be
successful.
any
A
the
these, of necessity,implies
strength
is
MAKE
TO
ply
sup-
has
a
patient study,"
of such
a
sure
a
culture
guaranty
CHOICE
is
do
can
into
kind
of
is honorable
is in
is
the
not
leads
so
and
when
They
have
reason
stories of
of
it may
be
until
probable
this kind
can
when
chance.
To
come
a
a
the
the
their
on
with
so
as
office
even
clerkship may
a
and
for
well
young
men
coming
of
a
account.
own
see
no
They ponder the
boys, have
ultimately
become
chief
in
seniors
great
represent, in their eyes, the ordinary
one
man
that
They forget
out
man
it is the
young
them.
is
more
imaginings
half
trade,
in mechanical
than
that
ter.
mat-
There
are
result of
with
offer
a
something
capital in
reasonable
success
of
thousands, and
of many
equivalent in influence,or, still better,with
capacity,a
know
there
vague
affairs.
to but
come
it does
and
of
course
this
things befalling others, and
to
come
in
to
confidentlyfor
happen
not
these
own
merchants
such
clerks,junior partners,
houses,
look
who, beginning
men
endowments,
instead.
commerce
it is safe to say
they shall
why
in
their
city clerkships
heard
that
men
for advancement
grounded hopes,
time
broadcloth,
respectability alone
ought
positions
young
among
mistake
seek
in
made
of
who
men
salesmen's
pursuits. They
who
He
thoroughly
more
fellow
commonly
notion
yoimg
clerkships and
better chances
a
worker.
educational
or
mistake
erroneous
many
belief
is
is his
itself culture,
things being equal,
unskilled
he
i
knowledge.
is still another
prevalent
and
work,
fustian,than
his
his technical
It
its
work
other
the
to
greater intellectual
no
There
which
in fact
superior
in
man,
who, with
lacks
is
higher
a
educated
mere
all honest
worthy subject of pride, and
a
mechanic
the
that
5
dignified,the skill of the mechanic, which
and
and
BUSINESS.
short, while
In
against poverty.
OF
than
more
reserve,
or
with
extraordinary
prospect of ulti-
...
^Oli^
32
the
tiona
will
chances
while
stands
the
upon
skdled
IS
There
in
are
clerk
or
few
other
and
a
if he be
accumulate
worker
shall
well.
In
skill
poverty, and
constant
reiteration.
important
this
as
every
which
wealth.
make
who
man
was
ever
than
a
new
hand, growing
no
money
any
without
half
ever
These
a
are
in
our
country, with
wild
man
in
the easy
of
definite
and
who
are
His
him, though
salesman
which
of
sure
certainly
ahnost
case,
of
against
guaranty
a
the
Even
want.
thorough
not
that
thoroughly
work
knowledge
of
truths,but they
new
are
truer
now
and
country's history. So
undeveloped
it were,
as
bear
always
every
sure
so
skill to
end.
Moreover, they
before
is
safety from
real
is without
safe.
longer exist, for
Almost
any
The
selves,
do for them-
cannot
may
kind
some
is not
is
more
long
is there
business
some
need
no
do
to
in the
alwijs
something
he
he
which
the
to
do
industrious
important,
to
are
they
economy,
it is
of wealth
possession
which
for
in
those
open
to
support
he
alwajs pioductive
is
there
that
emplojment
for
work
as
surplus
how
only
his
and
and
comfortable
know
Onlj
him
many
wise
a
definite
condi
one
ranks
one
a
definitelyhow
sober
general terms,
In
the
a
as
done,
support, while, with
of the
opportunities
knows
have
must
men
with
and
capital
bare
precinous
these
to
a
making
monej
realityquite
he
thin
hand, brings
"brilliant"
; but
a
of
thousand
i
condition
compete
cin
positne
a
are
there
of
anothi-r
more
position
othei
problem
simikrlj
skill
the
on
making
Lni\G
or
than
oiercro^\ded
his
4
one
more
in
the
makes
mechmic
V-IAE
without
are
succeed
never
himself
he
but
idvaiicemetit
mite
TO
there
resources
opportunities
were
rapid accumulation
ordinarily good
skill,and while
on
of
capacity might
that
was
the case,
of
knowledge
is
as
hand
and
wages,
to
OF
business
was
for life.
preparation
a
unskilled
the
some
CHOICE
when
possible purchase ,of
than
getting is rapidly passing
is
country's lesources
well
planned, and
by
likelyto
were
none
fellows
unskilled
heretofore.
day
has
offer
the
world
now
to
man
has
has
a
be
the
from
brains
made
national
a
generation
But
every
the
when
is
may
number
of
making
themselves
purpose
well.
them
to
had
hands
found
were
towns
masters
I
cannot
there
than
untrained
it
for
themselves
some
emphasize
ease
sure
because
with
no
which
definite
skill,
less
than
it effectually.
cure
if this
himself, and
able
consider-
against poverty
calling,it will
too
can
ability,is
market-place
Tlie
and
who
regard, and nothing
avoid
their
others, but
man
young
by people without
of
are
abundant
no
the
the
nitely
defi-
growth
where
now
so
eagerly sought them
and
in
arm
it is
already
which
upon
our
its further
by warning its readers, shall persuadeany
little book
money
anticipated our
positive sufferingwill
of
man
in
land
be
to
easy
need
developing
is wanted
our
and
included
it is true, but
there
in this
vice
of
his
less
of
now
turn
work
was
era
it
they inevitablycrowd
and
hitherto
two
or
land
likely to hire him.
is
or
of
places which
standing idle
been
has
and
nothing better
left
piece
of land
are
by forever,
gone
hired
bred
ago,
employment
that
money
workers
Unskilled
remunerative
find
have
purchase
generation
a
to
work
labor
of wealth
could
city,there
The
away.
men
Skilled
grow.
a
geography of
in the
decades
many
sure
only fairlybegun,
The
accomplishment.
who
But
only skilled
that
begun
man
was
coming
education.
of technical
now
thing
a
important than
every
purchase of
every
33
far less
When
useful
any
BUSINESS.
strongly
serve
the
by
its
truth
f^OW
34
which
I have
wliich
young
for
which
in their
for
life
effectuallywarn
course
;
of
Learn
if the
them
alone
would
chance
sometimes
in
its
author
be
in the
one
support
hurtful
is
learned
any
"
a
and
result
a
workers
for
The
OUT
vice
dangerous than
of
in
enough
It is not
long
so
unskilled
from
supply
the
condition
the
yields you
is
was
new
a
else.
hardly
less
it
to, and
unskilled
profitable,it
substitute
one
demand
of
in the character
of
than
you
While
work
or
that
something
which
causes.
advisable, to
takenplace
to
new
that
and
probable
already alluded
and
whichhas
as
regard
one
is
it for
demand,
to
living,"
a
all
at
which
same
often
that
in whole
the
and
content.
it either
this
the
make
the
teach
! To
a
to
change
to
precisely
another, laboring
growth
it well
surrender
in
conviction
unwise,
and
safely
dangerous
so
BUSINESS.
business
a
understand,
national
alteration
"
in
little book
always
calling.
other
this
it is almost
dangerous
cannot
were
safe
was
even
IN
them
serve
fairlyrest
to
which
recklessness
may
If
might
how
listlessly
that
blind
carry
learn
men
business
a
them
against
point, he
one
better
you
you
have
We
for
the
to
drift
with
dence
unfit; the confi-
skill that
a
hope
tell young
to
will succeed
you
and
readers
might
this
on
it is
part for
to
nature
do
to
acquire
PERSISTENCE
Having
by
are
regular business, and
a
themselves
themselves;
to
indifference
The
struggle, is simply appalling.
might
half
they
trust
they neglect
LIVING.
inculcate.
to
which
they
do
which
with
A
habitually allow
men
should
they
MAKE
here
sought
into avocations
with
TO
settlements
of
tion
occupathe
our
day.
try,
coun-
to that of
//OW
jg
The
temptation
increased
greatly
people's work
seem
life,and
the
So
and
to
our
which
nothing
the
work
of the
the
and
different
our
results
of certain
the
open
to
hira.
capital,or
fitted for
it is
not
his
a
some
worth
that
say
of all the
do
it.
adopt
he
What
better
the
while
to
his
one
or
between
which
or
he
be
inquire. Such
profits
one
to
capacity, his
to
any
callings thus
the
if he
follow
substantially
will be
he
perfectly
im-
money-getting
follow
as
or
open
had
greater capacity,and
cannot
lot
great difference
him
of
by
from
vary
man's
another
its
we
his
the
avocations
earnings
own
and
his
that
no
enable
or
attained
intellectual
would
result
education,
business
is
it
Its results
perhaps,
those
different
These
of
or
exaggerate
we
fact
there
of
our
perfectly and
own
words, every
capital.
mode
Of
materially
not
avocations, and
whether
same
our
by his character, his
education, and
one
to
other
In
man.
is limited
power
do
handicrafts
between
one
them.
than
well-ascertained
a
men
outside,knowing
hoped,
smaller
knowing
own,
it is
net
the
we
have
are
Most
agreeable than
more
knows
when
we
other
of their toil
unjust comparisons
draw
is safe
the
and
see
we
of doing
it,the difficulty
to
its doer
as
and
is
practise in private.
to
it from
see
incident
they
standard, and It
any
easier
we
another
only their
see
seems
than
We
Now
of
which
disagreeable things attending
that
neighbor.
work
who
it necessary
then,
smaller
much
for
circumstances.
find
work
and
now
naturallyassume
his
neighbors,
drudgery
and
difficulty
our
their
of its results
tire
we
are
people's
simply because
poverty
in
lights
other
they
everyman's
own,
avocation
one
false
the
LIVING.
expenditures, knowing nothing
their
economy
too,
A
abandon
to
by
prosperous
MAKE
TO
at
all
a
so
as
larger
were
he
is,
is,he is capable of
OF
CHOICE
making
certain
a
the
of
amount
change, therefore,from
another
the
when
to
which
cannot
in which
one
is
this kind
of
changes
he
better
their
hope
to
does
benefit
himself
tempt others
all the
exceptions
rare
at
occur
is
not
to
is
all there
for
special fitness
speciallyunfitted
well-nigh
old;
the
ordinary versatility
; or he
case,
accident
pure
of his
cause
If
he
from
change
is not
one
knows,
difficult
he
to
to
the
make
it all the
that
it is
one
avocation
remedy
that
listlessly
was
man
to
fact
serves
when
some
some
way
of
more
than
calling
new
Wliatever
in
often
no
a
that he will
discoverable
is
you
which
have,
needs
for
within
master
success
to
he
cause
commonly
the
the
way
disastrous
another.
which
one
are
which
is sometimes
and
to
in
exceptional, and
safely assume
in
one
they
has
his
as
always dangerous
yourselfabsolute
energy
it is
then
man
upon
; or,
yet
seriously
in the business
succeeding satisfactorily
may
is
a
And
involved
his assistance.
to
be
is
entered
auspices
come
may
succeed
usually there
and
has
success
affects the rule
to
has
peculiarly favorable
under
he
or
or
expert
an
of this kind
The
to
and,
and
rule,and
;
him
who
men
this
all.
undertaking
new
for
at
cases
To
folly.
factor
some
it is.
is
man
cases
universal
crease
in-
case,
any
Now
way.
But
strongly.
other
the
the
change, and
a
nearly always
to
common
in
hardly
to
open
day by
in this
such
more
a
than
businesses
every
condition
by
other
tyro, It is sheer
made
are
could
calling in which
a
mere
a
he
better, is useless
pay
is from
change
were
of the
one
37
and
money,
business
if his
amount
BUSINESS.
does
the
reach.
of your
find it still more
know.
And
imperfect
success,
not
If you
take
business, and
is certain.
be done
which
If
you
earnestly,you
pains
give
are
have
to
doing
only
...Coog
ffOir
5g
to
that
to
which
is
success
with
callingwho
any
lightlyupon
reduced
are
the
always
holds
has
brieflywhat
Select
and
to
your
capacity you
ill is
6.
is best
work
business
of
of
and
is
when
he
fellows
force
hands,
mands
com-
means
a
tion
reduc-
enough
room
reminded
was
avocations.
to
say
every
sum
man
young
fitted
are
you
To
and
up
;
by nature,
cation
edu-
;
thoroughly,making yourself a
thought of changing
bear
have
your
upon
from
master
avocation
one
in mind
work
your
all
tlie
energy
and
;
work
conscientiously,remembering
yourself,your
Respect yourself too
bearing
whose
There
it
in
already overcrowded,
was
all other
before, we
business
no
to
defraud
to
in
"
do
of workmen
reduction
efficient
road
to
less competent
Webster,
chosen
shortest
fluctuations
first also.
Mr.
or
their
A
fectly
imper-
shall learn
class
best
The
least
know
;
Bring
5. Do
the
not
callingfor which
Entertain
another
4.
a
good
circumstance
Learn
3.
the
them
gone
until you
while
stories,"said
remark
work
want.
profession he had
that the
2.
strikes
If you
employment,
even
of
LIVItVG.
perfectly,the
wage.
actual
discharge
in the upper
r.
of
out
these
to
of wages
the
is
It
are
know
your
inadequate
an
bear
to
hand.
master
a
stick
A
performance.
should
you
to
MAKE
better
yourself to
rouse
TO
family and
much
the fact that that
to
hold
work
is
the world
your
most
that to do
it
;
callingunworthy,
honorable
which
done.
...Coogic
MARRIAGE
AN'D
MONEY.
CHAPTER
IV.
MARRIAGE
Can
This
a
is
but
ways,
the
consequence
decides
sentiment
ascertained
comfort.
and
to
side
on
as
is
who
But
is
support
a
family, if
skill
Without
marriage
is in
who
in
already
wealth
will remain
the
be
he
in
last
the
wealth
support
with
only thing
him.
which
Skill
and
such
need
man
And
conditions.
pecuniary value,
The
can
have
much
man
have,
of
to
to
market
for
a
hesitation
has
a
man
than
about
a
the
self.
him-
with
certain
only
The
of
of
certaintythat
poverty.
sure
least,
men
ultimate
greater
constant
to
even
skill
such
family
is the
man
at
master
lose, and
is
no
no
no
in tolerable
cannot
one
skill to offer the world
is
There
these
calling, however,
recognized
degree dangerous,
has
a
and
well
to
country
our
of
thoroughly,
business
a
timent
Sen-
are
that
family
a
a
much
as
there
true
right minded
possession.
is
But
as
value.
decision, and
a
knows
some
adequate safeguard against
man
other.
reasonably good health, is able,in
has
proper
there
unquestionably
man
every
and
base
to
of
rarely ever
cases
able
not
in various
iairlyexamined, and
are
to
marry.*
to
answered
day, and
the
which
FAMILY.
A
make, afford
to
rarely ever
most
It
OF
way
given
facts upon
marry
his
point in
one
COST
every
it is
attention.
should
with
answers
the
on
ask
THE
question asked
a
dogmatic
we
AND
man,
young
MONEY.
AND
VALUE
THE
39
sion,
posses-
only
man
his
is
an
who
wares,
marrying under
family
cost
one's
has
of
incentives,which
a
posi'.ive
its maintenance.
no
ried
unmar-
exertion,to sobrietyof life,to
HOW
AQ
steadiness
to
economy,
which
failure next
to
situations
in
every
Against
of
matter?
there
Is
But
family.
is
rather
not
They
men.
than
fellows,but
their
The
men.
the
married
which
beset
of
to
married
the
need
The
family.
a
live from
while
of
men
As
a
their
nearly
fact
work
all married
find
it
more
is that
do.
ones
expensive
rule,therefore,putting
think
it
a
person,
her husband
wise
economy
accustomed
can
afford.
to
to
the
In
matter
live in
temptations
other
thus
of
their
"
^are
cessarily
unne-
expense
who
men
must
incomes,
words, the majority
single than
on
ways,
entire
single
provided
a
expenses,
"
the
pay
off
married
are
notliing,
money
all out
live
to
marry,
the
few
at
better
are
?
single
than
the
knows
to
very
anything
save
And
in the
marriage
in
they
of
cost
cost
in unnecessary
And
sufficient
the
set
necessary
man
mention.
spent is commonly
of
hundred
provide
to
es
they
off because
a
i ess
money
more
spend money
to
el
n
be
entirely.
escapes
which
known
well
man
singlemen
temptations
has
is far
because
men
man
bus
upon
really any
save
better
are
unmarried
which
men
married
not
are
than
positive economy
a
TheiH
th ngs
er
must
there
is less
on
usuallj greater
only the
considerations
better
exertion.
attent
otJ
their hold
have
rule,certainly,married
a
too
who
men
human
r
are
business
rule,are
a
of
to
business,
; and
all these
a
business
of
men
maintaining
As
kind
unmarried
that
from
make
as
The
longer.
virtues,in short,
and
branch
earnings,
for.
certain
success
in every
diverted
than
all those
single ones,
be
surer
to
men,
likely to
of
LIVING.
Married
their
those
A
impossible.
than
retain
They
MAKE
o" purpose,
business
render
"workmen
TO
its lowest
the
wife
stylesimilar
to
to
marry.
plane, we
be
that
a
ble
sensiwhich
MARRIAGE
from
Aside
the
always dangerous,
are
rate
accustomed
maintain.
wife
In
this kind
does
wife
at
apt
not
know
in the
remedy
in
family.
that
which
alone
is
This
has
to
mode
father's
homely
treatment
and
now
then
facts,render
practicalmanual
like this.
of
the
hear
ruin
a
of
or
or
the
how
principle holds
she
less
house, and
one
into
property
or
does
not
know
expensive
her
to
good
mercenary
a
money
a
be
can
which
husband,
life
to
marriages of
poverty
purposes
any
suffice
property
been
not
brought
a
neglect of these
We
has
at
maintaining such
her
the
inherit
than
inheritance
sufficient for that.
rarely ever
a
And
almost
money
not
mercenary
with
best of
in her
obtained
mistakes
sad
marriage
the very
herself
seems
degree.
the
will
ultimate
an
is
and
men,
her
income
share
to
alone
of
marrying
who
which
style
expense
in
it
women
wealthy
consequence,
a
how
the
With
adapt
to
of
a
the
result
to
wife
all,if the
how
Young
worst
veiy
of
laws,
partnership
the
than
as
in
the
words,
smallest
in which
cases
the
into
other
are
live
to
yield,and,
to
the least.
say
usually greater
is
made
to
the
is that
engage
economic
by purely
they bring
property
can
usually the daughters
property
are
man
any
Judged
money.
MONEY.
enormity involved,
mora!
speculation in which
for
AND
good
it works
deal
of
in
men's
of
such
resulting
it necessary
the
a
from
in
extravagance
affairs.
subject,but
an
ignorance
the
or
unpretentious,
of
Somebody
women,
once
b,.
and
said
HOW
42
that
modern
in other
women
foolish
like
something
people
and
him
his
men
been
his
a
bigger and
it in
a
style which
dress
ruined
club
he
because
could
by
he
house
writes
man
jl
gbldhm
he
lost
it in
kl
t
knows
body
deluded
only
into
his
as
for
it too
that
he
his
as
wif
sake
the
I
of th
b
usually
husband
proper
of
matters
or
that
women
t
marr
not
fools.
h
!
com
economy
not
h
g
as
t
g
pi
It
"
"
d
f
h
t
f h
t
t
f
p
ff
1
tn.
1
; but
t
t
g
p
j p
have
1
th
p
th
d
d
t
fi
ht
1
1
It
1
they sjiould be
They
^
t
t
h
d
b
"
h
m
g
f
"
t
b
t!
j
d
g
t
lly
on
d
t
d
h
his
"
f
11 b
f
charges
Tailor
1 1
h
1
kind, with
are
are
his
t
principles of
part they
I
who
h
to
is said
Nothing
1
1 1
d
p
way
h
m
1
t
I
f
O
may
this
in any
tion
the
is
t h
and
needed,
f
"
!
prompted
that
1 t
t f
]
tl
"
t
might feel free
fault
t
wardrobe,
y
p
1
ness
busi-
unnecessary
Snip
h
h
t
sake, chiefl} tl
gracefulhospitality.
the
tl
k
1 1
rj
seeroing circ
her
for
times
t
co
belief
the
his
introduce
the
to
he
Artist
"
himself
The
have
his
afford.
gilded sign.
may
fails in
vanity
Monsieur
some
thing, or
wife's
or
than
not
marry
her extravagance
by
the
to
same
man
his
expenses,
finer
made
coats
a
inventory of
was
tlie
saying
helpless
so
afford
can
Every time
fellow,he
of
dress,and
in
rich
have
since.
buy
prices
extra
Poor
LIVING.
bills,or his fast horses, or
to
furnish
but
none
mental
a
A
extravagant
so
it,ever
is taken
account
restaurant
of
"
MAKE
people
take
out,
cry
No
are
respects, that
and
them,
TO
f
for
commonly
the
no
most
more
HOW
44
In
if
which,
do
may
do
to
the
the
in
he
he
man,
is
even
the
case
than
he
ties.
to
her
make
secure
own
and
her
understand
her
and
the
live
she
such
is the
most
make
only
of
the
honestly
them
satisfactorily. But
they commonly
have
they
to
are
work?
with
how
are,
in
That
the
in
o"
be
for
to
are
very
left
many
wants
right-minded
the
place
sake
each
not
of her
other,
"
has
woman
do
of the
pare
pre-
means
also
earnestly endeavor
ignorance
they
to
to
possible sacrifice of the
married
they
are
positively misled
least
every
and
anxious
with
desires
tain,
main-
to
specially attractive
t"'o
woman
children
woman
to
requires
married
she
chiefly,but
these
which
problem
If
work
permitted
be
Every
every
can.
a
even
end
JDne
she
necessity of
accumulation
But
home
or
the
by
opportuni.
prudence
is
able
willingly
not
if she
woman
had.
as
her
reconcile
To
accomplish
other,
to
sake
own
family.
be
the
widow, with
a
contingency
her
economy
married
every
to
of
economy
better
better
will
ruin, and
left
plans of
has
upon
seen,
husband, in
commonly
she
She
already
her, too, depends,
of whatever
is
he
seeming
or
the
than
practice it.
be
comfortably
as
desires
for her
and
will
are
have
Upon
She
matters,
if necessary,
doing
we
family.
degree
may
means
As
practice.
what
a
without
case,
household's
nearly
for
while
she
exercise,and
impress
to
control
to
power
things, and
its
just
that
knows
of the
such
practice, she
to
will
necessary.
manage
to
economy
he
execution
only remains
It
ultimate
LIVING.
deeply interested
prosperity
may
an
whatever.
more
larger degree, the
a
A
neai"lyevery
arbitrary act
any
financial
to
wise
a
MAKE
has
man
too, in
so
wife
the
case
any
TO
so
if
they
factors
in
with
to
is
solve
it
left,as
are
which
ignorance,
cases,
solve,
to
nay
they
that
undeniably
true, and
the
misleads
the
laws
But
live
to
of
what
iu
such
fault
idiots
every
children.
nor
their husbands
is
a
and
genteelly
means
which
would
would
man,
a
be
relative
knows
be
income
is,is
know
not
the
to
economy
necessary
you
of
with
each
you
blajne
sane
and
can
guess
other.
the
when
man
what
factors
she
would
she
the
involves
think
of
is
and
the
may
do
of
extent
and
quite
two
as
both, she
failure
entrusting the
who
one
tell tlie
she
does
added
the
resources,
your
shown
of
She
live
as
to
the
has
a
well
imperative
as
the
as
entirelyconsistent
are
have
her
is
term
conception
dress
one
the husband's
by indulgence
problem, you
in
That
To
follyis
If
you
Economy
?
all to
at
of
ignorance
The
what
such
she
the part of
on
afford.
cannot
you
of
duty
anxious
circumstances.
if her
to
ruin.
that
wholly inadequate.
positive duty
That
in
it relates.
even
blame
pmve
practising economy,
duty
left
in another.
to
the
to
as
This
fold
language of which
a
when
to
not
fairlyafford.
can
And
shall
it is her
right,and
in
her
properly
of
more
financial
vaguely
to
which
much
they spend
will be
time
Women
know
if
just nothing
to
her
to
certainly
is
is
who
man
facts.
not
telling her also
alphabet.
her, she
the
the
legitimately spend
self-indulgence,or
own
your
to
the end
same
means
without
talk
with
that
extravagance
income
injusticeof misleading
by
may
is
niggardly economy
a
the
of
They
know
may
always, and
one
as
another, according
almost
economize,
to
the
she
outrageous
nothing
wife
or
them
comfortably,
money
thing
one
case
make,
t is at
t of
45
do, who, naturally and
to
woman
MONEY.
do
finance, but they
than
money
AND
neglects to enlighten
or
neither
are
MARRIAGE
must
you
know
leave
what
her
only yourself
to
solve
management
it.
of
to
to
No
an
...CjOOg
J
HOW
6
important branch
that
in
partner
if
itself,even
such
but
when
it
has
She
also, and
what
it
she
can
the
it
Having
rests.
is her
expense
wisely only
duty
a
information
kept in
wife
every
govern
business
be
willing to
sense
keeping
the
only keeps
not
right to the
a
it is
extent
implied
in
for
to
necessary
do
in
to
its
wife
what
of
system
of comfort
have.
She
the
her
to
economy
is
be
to
The
duties
share
to
able
advisory partner
fully informed
his
what
for
in
to
her
manage
of
interest
to
even
and
the
much
a
responsibilities
her
to
occupation
of
and
herself
saving
family.
is
her
less
constantly
purse,
make
and
serious
a
his
facts
will
will
which
the
she
mistakes.
known
are
adjust the
guesses
Above
at
;
her,
to
and
its purpose
smallest
has
woman
to
necessities
accomplish
with
business
naturally plan
fullyenlightened
able
as
from
prudent,
Such
husband's
of her
means
is
economy
which
family
likelyto
least
possible friction,and
least
the
his
decide
to
measure
a
wife
position give healthful
knows
able
execute
the
well,it is clearly the
possible.
a
who
affairs ; who
is
of
right
PARTNERSHIPS.
thing.
one
The
her
if
such
DOMESTIC
sufficientlyat
make
to
the
wisely and
it
greater
mind
OF
business
husband
not
partner, and
a
partner
a
partner.
upon
while
part of
with
to
important
an
ADVANTAGES
husband's
who
LIVING.
performance.
And
her
find
in
But
she
THE
to
could
governs
matter,
proper
to
he
she knows
the
A
ignorance of the facts underlying
business
account,
MAKE
his business
of
ignorance.
husband's
TO
many
sister
family
sacrifice
incentives
can
never
expenses
nothing, she
all,she
becomes
is
MARRIAGE
much
as
interested
which
which
she
is
which
she
may
When
for
than
force
domestic
to
first
very
point the
directed
in
and
The
in the world
confidential
the
is
of
way
variety
of
as
to
doing
her, however
In
The
her
in
from
THE
way
it
who
his
and
this
happens
is
with
great
a
purpose,
in
end
to
sure
her
securing
a
his
take
several
its
to
way
his
minor
wife
care,
his
people
acting under
man,
his
he
in
ones
that
wife
anxiety to gratify her
to
has
of
it
the
from
such
of
from
pecuniary
think
WAV.
married
conceals
unintentionally, as
this
wife
principal difficultyis
motives, usually
and
would
for
beginning.
the
young
profitable
necessity
thing than
IN
The
this.
affairs.
men's
men
man
better
from
knows
man
object
principaldifficultyand
one
spare
a
cases,
many
less
common
competence,
DIFFICULTIES
of his means,
extent
do
partnership
begin aright.
not
the
in
ways
circumstances,
steady pursuit
cannot
THE
There
The
short, the young
In
very
the
most
of
its successful
most
sees
upon
progress
thousand
becomes
husband's
future
the
business
acting together, is pretty
wife
accomplishment.
into
in
out.
to
of
in
every
wife
of her
case,
every
and
man
make
and
needed
matter
a
a
adviser
business
constantly
prosperity
present
gain
the
informed
is
attention
well
is
are
business
of
materiallyto
retrenchment, long before
necessary
do
always,
well-informed
usual, the
there
excellent
an
reason
any
success
contribute
sorely conservatism
how
by
is
She
Ay
prosperity, and
will
and
conservative
a
for
MONEY.
the
fully informed, and
prosecution.
and
in
he
as
depend
both
AND
the
abilityto
frequentlythat
exact
wishes
directly
afford
serious
a
as
deceives
diture.
expenembar-
...Coo
^OW
48
results from
rassment
the
of
their
of
husband
so
and
lay
When
their
all
at
the
this,
clear
end,
common
do
attempt
to
the
upon
one
ratio
between
slate
of the
only
course,
who
the
and
this
at
while
of
and
man
command.
indeed,
who
in
which
provides
expenditures,
The
the
as
ing
halt-
a
we
not
can-
wish
they
Their
the
joint
the
duty
in
means,
to
of
is
is
the
large
a
Knowing
necessity of
the
work
must
absurd
managers,
only
there
interests
of their
They
more
of
and
"
kept ignorant
course,
tolerable
even
to
than
maintaining
sensible
enlighten
exact
cowardice
resources
which
tend
in-
and
accomplishment
the
The
folly and
for
of this kind
happily.
them
outset.
income,"
family exchequer.
journey
can.
live
nothing
chieflyfalls
expenses
that
teach
for
one
sible,
pos-
burden
a
administration
to
veiy
be
as
serious,that
they
wise
to
means
this,
borne
be
mistakes
very
as
efforts
the
can
a"oid
laying
the
in
change
business, depends,
ought
there
makes
a
necessarily
long
as
must
for
necessity of beginning right.
the
in
of their
common
whom
controls
joint
and
understanding
and
many
happy
Upon
sense
common
change
it is presumable
and
home
success
together with
foi
marry,
prosperous
as
affairs,both
measure,
to
so
the
upon
precisely identical.
are
a
stress
people
to be
and, anxious
which
so
are
consequences
much
too
two
a
start
are
is
when
the
months,
family
incurred
sometimes
There
the
there
postpones
in the
few
a
wrong,
necessary,
misstep
a
throughout.
made,
be
to
debt
in
supported
his wife's shoulders
and
own
And
one
LIVING.
expenditure,
have
mortification
running into
his
years.
should
commonly
even
upon
unwise
of life becomes
mode
(he
A
Besides, having begun
two.
degree
some
MAKH
the
which
money
or
year
TO
a
an
that
a
just
of
the
the
"
safety,is
the
woman
at
their
prompt
a
MARRIAGE
if
even
strange
of
concealment
of
course
they
that
wealth,
would
"
be
any
and
and
should
man
that
inconceivable
deception,
^g
unworthy
are
shamefully unjust
not
were
MONEY.
AND
one
be
should
if it were
ashamed
blush
not
to
every
also.
of
own
day
his
it
a
It
seems
own
to
man,
lack
his wife
manifest.
3
...Co
HOW
TO
MAKE
A
LIVING.
CHAPTER
HOW
There
if
a
has
man
but
if he
We
all
Micawber
neglect
down
arithmetic
within
and
prosper,
people
to
people
who
able
and
their
that
they
denial
by
every
year
do
this do
not
to
are
endure
of
the
over
incapable
the ultimate
recklessness,
those
for the
are
fault
which
usually
it is
will
who
most
he
an
most
by
the
part
impose
upon
must
them
of its
they
wait till they have
comfort-givingpower,
earned
they
and
the
who
people
part
of
from
the
the
are
fact
self-
their present
accumulate
are
money
the trouble
comforts
the
themselves,
necessity. They
to
one
The
On
means.
a.
get
would
earn.
largely to
come
of
earnestly desire
we
thing for
upon
practising even
that
little
he
be, if
very
due
expenditure is
poverty
than
any
poverty they bring
of
money
than
ruin
covet
utter
laying
of very
uncommon
money
more
of
need
it may
means
no
his
proposition that
whatever
be
heartilyas
fond
so
more
will
imitate
was
will be
he
this, as
have
spend
spends
he
one,
us
self-evident
a
for the sake
cannot
of
of
We
and
sixpence,
truth
which
we
income,
spend
contrary, they
least
It is
his
yet
if
dictum, that
for his income
the
others.
that
us
Micawber's
good many
a
o"
ruined.
be
live
must
teach
to
iti Mr.
twenty pounds
precept
guidance
INCOME.
shillingsand
and
"
YOUK
year
recognize
did,
for the
a
spends
practice the
to
shall
of wisdom
nineteen
that
miserable.
Mr.
ON
twenty pounds
pounds
happy,
LIVE
deal
a
was
nineteen
we
TO
V.
is that
they
seek
now
52
be, but
about
in
Vague
business
matters.
the
goods,
the
the
exact
in
But
this
even
future.
is
your
abilityto spend.
and
its nature
wisely expend
income
of
as
may
can
And
of
a
reduced
more
be
next
a
share
of
no
and
your
earnings
that
within
should
that
the
be,
of it
only
result
speedier accomplishment
of
at
the
your
a
the
of
equal
periods
admitted
these
standard.
with
of
which
to
end
ever
what-
cannot
an
be
not
If you
otherwise.
have
to
been
and
saved
larger sum
purpose
o"
measure
you
all must
safe, but
in
prove
entirely
Possible
average
are
the
might
you
be
will be
be
sort.
should
you
it in the
measure
uncertain
as
what
income,
your
must
be
safe
no
degree
it is the
precautions
your
unnecessary,
average
Iieep
to
off
cut
or
is
year,
earnings
problem,
how
only know
not
reduced
certainlypermanent
or
of
certainly
is
of
care
cost
certainlykeep
can
may
in the
reduce
must
certain
source
large
earnings
factors
keep
as
You
if its continuance
but
expense,
your
a
problem
to
takes
exact
exactitude
the
you
or
To
its
fatal
means.
may
month,
week,
next
with
the
expenses,
sales, and
also what
next
or
his
all.
salary which
A
sort
any
content
He
approximately.
one's
not
is not
merchant
of
dealing
is,but
income
your
The
within
expenditures
one's
uncertainty o"
no
ideas, approximate estimates, are
of his
extent
less essential
not
be
must
amount
exact
LIVING.
A
of his business
details
learn
MAKE
There
tlie matter.
all
know
to
it is.
what
TO
which
you
a
sat
out,
HOW
Having
certainly count
TO
KEEP
ascertained
upon
as
WITHm
what
your
THE
amount
AVEKAGE.
of
money
income, it w.'ll be
you
can
comparatively
now
keep
to
easy
know
at
TO
ON
how
much
in
precisely this knowledge,
you
it.
without
shillings and
nineteen
will
know
will
You
limit.
from
least
at
what
and
of
with
safer
pounds
spend with
may
you
as
lack
nineteen
is the
sixpence which
tlie
much
be
will
You
spend,
to
great degree
a
53
that
aflord
can
you
over-expenditure results
than
INCOME.
YOUR
expenditures within
your
rate
any
LIVE
safety.
in
But
the
minimum,
outgo
your
lies in
;
and
as
which
the
week
a
throughout the
year,
twenty-five
now,
compel you
to
not
but
next
month
the
be
while
such
so
exceed
limits
you
be
the
to
it is the
that
of
maximum
bring
may
an
only safety
your
It is
and
set, you
can
families
unexpected
and
producing
member.
an
have
never
restore
part
of
in
the
end.
to
hundreds
reduced
to
or
a
If
safe
do
to
shall
hear
we
of
reason
the
average
this has
people, and
unprovided-for sickness, on
only
accident
Neglect
by
spend
to
spend
to
other
starvation
find
you
afford
can
time, your
of
been
after it has
prudence
sickness
for
ed
unexpect-
some
assigned it.
you
provide
always possible,
is
average
amount
when
of
come
provision
the amount
transcended
have
otherwise
may
saving impossible
day of
be
must
waste
the
repair
to
this
contingencies.
such
the limit you
; and
beyond
thirtydollars
every
for
always possible to reduce
swelled
even,
or
economy
below
circumstance
not
that
that
equilibrium.
failure
against the
made
average
in advance
By living now
may
remember
below
little
a
expenses
to
week
next
to future
trust
disturbed
it is
the
not
providing
to
the
of your
necessityfor extraordinaryexpense,
unforeseen
safe
limit
income, it is necessary
of your
not
fixing the
part
some
of
the
...CjOO
now
TO
MAKE
A
WHEN
I
the
knew
once
he
money
sum
of life's
but
without
unused
the
end.
That
so
essential
And
point
a
under
consideration.
intend
to
shall
wants
present
will
certainlysave,
else
do
easier
so
not
do
see
not
one
one
make
we
of
the
time
sure
to
relieved.
after
of
a
while
of
as
in
pressing
save
now,
economize,
and
you
that
in
our
time
seek, you
must
now
one
They
save.
month, they
that
next
it
Next
of the
On
always
seems
week's
sities
neces-
the
same
is
way.
is Now.
save
We
which
when
abilityto
our
do.
those
will
of
nothing
present
and
self-indulgence which
greatest difficulties
of the end
at
purpose.
the
to
ditions
con-
week,
they
exaggerate
we
is
try
coun-
the
their
in
pressure
advance,
than
this
of
one
now.
those
deal
immediate
is
than
incomes,
it,is due, in
of
Most
good
a
some
men,
rule.
impossible.
it is
trouble
them
so
save
when
Next
now
themselves
neglect to
fatal habit
a
the
The
And
them.
while
as
slip.
far less
seem
to
come
know
such
of their
stumble
not
soon
the
out
do
to
Tliey do
just
all
tail
pended
unex-
in the
other
to
to
they neglect
but
assert
discover
something
many
be
economize
to
do
do
many
save
very
largely as
save
exceptions
accomplishment
which
on
are
that
the
to
be
its
to
account
no
may
also
gi'ound that
of
were
spend all
to
was
credit
the
on
there
of them
fact
his
people intend
many
least,to the
at
to
that,most
than
more
And
they
intend
people distinctly
and,
stretch
to
credit
enjoyments.
doubt
in life it
justifiedtliis
he
and
money
i
rule
get and
could
limit, and
utmost
whose
man
a
TO
LIVIN-G.
we
shall
we
save
time
Ukely
after,
hereting
cultiva-
to
There
If you
prove
is
just
would
something to-day
TO
MOW
and
LIVE
day, never
every
ON
YOUR
in almost
In
self-KJenial.
deliberate
his income
of
must
there
that
this
Now
it is not
which
that
other
time
shall
self-indulgence breeds
easily be
saving
A
part
the
saving worth,
pennies
convenient
end
or
in
or
We
to
spare
and
a
of
buying,
large
so
ei?ort.
earnest
and
a
the
ment
postpone-
lilce
prompting
is very
strong
self-indulgence which
other
the
and
equally true,
matters
this
matter
use
is the
rather
the
In
deeming
by putting away
other
notes
intend
five
it,of
put
so
may
fractional
saving.
pocket-books,
we
if I
quires
re-
hand,
a
;
not
can-
habil
of
practice of saving.
of little things.
valuelessness
worth
on
things,
small
value
be
and
for future
earnings
of
of
the
of
are
and
it is
in these
habit
trouble
common
of one's
the
a
only of
the
to
; but
come
conquered;
is born
very
incomes
time, will give
another
to
save
portion
any
capable
direct
a
To
spirit of self-indulgence which
the
important, that habit
more
even
whose
morrow's
to-
exactly equivalent
of to-day'sdesires
gratification
of self-denial
when
that
true
is
with
saving, more
fatal.
an
income
without
of
puts away
himself
indeed
done
only
who
that
people
be
may
the
prompts
few
are
He
necessitydeny
portioriof the things
and
this matter
other,procrastinationis
any
55
offsettingto-day's neglect
once
possible performance.
than
INCOME.
or
to
ten
smaller
in
failure
failure
the
appreciate
to
appreciate
are
pockets
our
dollar
we
but
we
and
apt
to
too
small
worth
cannot
gard
re-
find
ever
from
note
savings hardly
nothing because
as
rarely
bank
a
to
smallness
very
words,
save,
putting away
of
it
our
tion,
atten-
put
away
...CjOO
HOW
j6
a
good deal, or,
in what
we
all the
saving
TO
A
truly,because
more
deem
MAKE
worthy
deposits in savings
we
put money
the
tact is that
all is done
at
banks
cannot
Now
amounts.
is done
that
LIVING.
amount
to
is this
principle recognized in institutions
all make
it
small
rule
a
only
not
of them
deposits,many
dime, willingly,in spite o"
hardly pay
As
uhich
pennies
oljects of
No
to
matter
the
be
present
IS
to
the
that with
all the
jet had
been
insisted
that
make
his
m
witli-^ut
it
to
however, with
a
can
save
you
commonly
that
he
h
in^unng
he
knew
he
pieces
I
was
no
life
how
to meet
remark
the actual
always found
that
dollars
spare
by wearing
your
only cost
boots
a
whatever
week
fact
never
he
moncj
he
of his
you
the
he
money
al! who
was
meins
urged
The
it so
startled
will
wants
must
happened
practice
as
hrst
pisses
doubt
He
to
the
subjected
money
limited
s
be
much
in
outright.
ha^
of ver)
hftj dollars
count
had
he
policy of five thousand
you
man
would
currency
ri.quiri.dabsolutely all the
business
doubt
of
eoiomy
able
how
single
is in little things.
fnctional
smil!
\ery
foi
possibility,
dime
the
potket should
of experiment
a
courage
en-
deposit makes
every
until
that
sort
the institution
to
rc'ilires
a
that
well
so
little as
as
which
after these
eier
and
they
especiallyto
begin saving
ones
annually m
desuabilitj
work
to
m
daj, when
one
discussing the
one
test
through his hands
to
loose
and
attention
consideied
the
he
that
given
were
rule,therefore,the place
a
Tiie
be
if it
for,even
taking
fact
clerical
of
amount
an
necessary
the
of
accept but
to
The
sums.
of money;
sums
nearly
millions,but
almost
wholly of very
small
many
consist
they
little
in
away
,
could
family and
agent replied,
heard
fen
it
"
A
cents, and
longer than
do."
...CjOOgl
HOW
"
Ten
"
That
is very
to
conscious
saving
in
and
the
from
safe.
open
the
after
paying
And
if you
the
the
the
in
put away,
so
only
to
comes
three
or
you
at
come
I'll advance
in.
it
falls due
to
(he
loss.
continue
needn't
you
we'll
back,
me
pay
I'll stand
year's premium,
money
will
"
the second
enough
payments.
safe, -it
one
never
policy,"
proposition was
The
accepting it the
his
warned
friend
there
one
several
were
the
"But
missed
it is
it
When
cents,
"
The
fiftydollars
be
saved,"
to
his
he
the
place,
promise.
A
opened. Instead
merchant
than
more
country
receptacles,each
little tin
; but
not
a
the safe
see
the
currency
aggregate could
boxes
thousand
or
paper,
of
him
hold
in
in
said, "for
was
dent
confi-
fiftydollars.
truly I haven't
anywhere."
the
just two
should
startling, and
and
merchant
a
the agent to
stuffed full of fractional
that
was
that he
with
novel
both
who
man,
year later I went
of
isn't
there
second
miss
when
the
note
only
put
person,
will
need
you
If two
year."
a
yet you
meet
ten-cent
into the safe.
and
rate
any
according
dollars
"
child's
a
myself,and
If
nine
that,to
a
57
premium
agent,
at
or
whenever
same
first payment
the
Take
mean.
the
and
than
more
change, slip it
making
once
I
cents,
cents, and
ten
you
ten
INCOME.
? The
hundred
true,"replied
I'll explain what
cost
a
YOUR
mean
you
Is
save
of
ON-
do
statement
own
only have
be
LIVE
1 What
cents
to your
TO
two
opened
eight hundred
hundred
considerably
anecdote
were
is
more
a
and
than
homely
and
they
enough
but
to
dollars
pay
it
the
serves
contain
to
seventy-four bits
eighty-seven
one,
found
were
of green
and
two
to
Hosicdb,.
forty
annual
point
a
IIOW
jS
moral.
to
It shows
make
TO
value
the
this is
we
large ones,
with
may,
to
find
the least
about
cast
over
run
that
the
in
all
hundred
in
his
a
that
disappointed, for
the
or
an
and
now
in
must
be
called
considerable
desirableness
In
of
the
are
in
such
point of
things,
we
it is these
not
are
in
fact
by
for
apt
there
and
is very
men's
most
buy thoughtlessly in
things which
we
may
do
paid
of
sum
abilityto
extravagant
little
a
for
money
of
our
we
It
are
do
out
with-
in
large
for
room
affairs.
which
in
pretty sharply the
our
be
to
a
standard
the
scrutinize
to
sure
out
pay
measured
thing paid
short, we
matters, and
things that
we
pay,
if
to
upon
then,
hundred
a
indulges unnecessarily in things which
When
as
economy
man
one
people
most
cost,
man
on
may
you
off
subject.
the
mentally
one
ability to
in
not
You
Not
is
it.
but
goes,
himself
lump.
which
and
money
pretty
are
you
wonders,
Everybody
covered
dis-
cut
sharp
as
things that
reduced
be
considerable
any
the
tomed
accus-
Having
'hope
nearly always
of
can.
the
may
practising quite
satisfies
ever
which
are
it is in small
expenses,
in
of
surely saved
more
place of saving.
some
is
hope
they conveniently
where
hand,
item
matters
already
are
other
expenditures
considerable
entirely. And
reason
easily and
we
effort,practice economy.
for
you
current
your
some
more
the
on
so,
side
important
Important than
necessityof cutting down
the
sure
are
capacity
systematicallysaved.
the less
more
are
think, and
to
than
sums
their
and
sums,
ECONOMIZH.
TO
side, and
one
small
As
jnatter.
only
small
of
HOU^
But
LimvG.
A
aggregate when
considerable
a
MAKE
is the
omy
econ-
little
extravagant,
without, either
in whole
HOIF
MAKE
TO
A
"
is,within
There
read
likelyto
book
a
saving about
the reach
of
needed, knowing
one's
residence, but
must
and
as
I
a
once
heard
He
it.
that
he
He
makes
he
true, but
his
has
There
and
groceries
retailer
at
for
is very
the
he
Sometimes
even
than
such
a
this, but
this
saving makes
in
a
a
buys
the
saving
much
is
savings bank,
at
pleasant
city,free
afford
son
rea-
do
to
the
true, and
he
that
stock
a
is
amount
is
to
told, in keeping
are
can
less
of
a
yet any
buy
than
several
his
the
cles
arti-
considerably greater
certain
pleasant
very
a
simple
cannot
one-third
least
at
thing,"
delivering goods, it
for
by experiment,
for
rent
pay
of the
the
is doubtless
charges him, provided
once.
for
at
ers
purchas-
of the
it is
part
profit,we
little
statement
wholesale
at
delivered
not
fun
nevertheless,adding
it
satisfyhimself
may
in any
doing it,and
in
specific charge
charges
prices.
"
goods
interest
no
retail grocery,
one
no
for the
nothing of the sort,
docs
does
to
ately
immedi-
are
as
which
for
one
phrase it,and
man
delivers
he
convenient
things
grocer
merely
man
business
a
that
charge."
"
a
is
The
price.
and
horse
keep
little fiction
of
round
a
pay
is very
It
convenience
of
way
"
they will be promptly
that
the
easy
arc
family supplies, namely,
of all
cost
and
simple
a
grocer's for such
the
at
nearly all the people who
at wholesale.
by buying everything
give daily orders
WHOLESALE.
kind,
this
the
one-third
of
LIVING.
in
any
little account
case,
to
and
template,
con-
semi-annually compounding
interest.
But
wholesale
this
is not
and
all.
The
retail prices is
saving
not
the
of
the
difference
between
only advantage gained by
HOIV
As
means.
any
small
of
he
as
be
to
are
it
never
of
often
otherwise.
They
in hand
they couid
buy
to
be
at
something
they
most
your
to
make
money
is
of it to
enable
be
a
And
the
use
this
monthly
case,
to
at
all.
tradesman
must,
has
him
or
one
way
of another
he
does,
he
very
would
how
or
of
He
man's
money
or
the
not.
the tradesman
is.
His
buy
afford
is
sale
whole-
at
purchase
to
have
never
money
possible, and
habit, the
them
effort
if
to
lesson
the
In
nothing,
his
pay
the
must
himself
pay
enough
would
not
fore,
credit,there-
interest
in his
is
be
on
he
place,
He
indulgence.
appears
Interest
with
first
has
else
goods
for
and
item
the
tradesman
no
have
account
open
an
else.
buys
another,
or
which
afford,if you
cannot
keeping
for
who
provide
to
ways,
teach
anybody
let it out
supplies
BILLS.
you
that
judiciously,
the
not
at
economize.
to
whether
often
tlieir
interest,and
quarterly bill
though
even
fact, as
in
do
least
can
change
which
baker,
always worth
other
who
LITTLE
anything, is
butcher, your
in
purchase
namely,
"
supplies
provided, and
be
wholesale
to
his
when
Again,
who
daily expenditure
them
they
a
convenience
save
buys
people
CONCERNING
need
one
for tlie purpose
need,
Another
when
the
considerable
the
retail because
persuaded
save
by
closely
people
the
is met
case.
The
in
cost
must
money
advantage.
an
very
enough
other
economize
often
scrutinizes
one
necessityof using
the
any
the
bought
itself
are
in
can
must
one
and
gi
paid for
be
must
its
amounts,
realizes
he
wholesale
it
where
not
INCOME.
YOUR
already said,
have
we
does
he
as
sums,
ON
providing for, if
is
he
want
LIVE
TO
weekly
charged
it.
or
in every
unconscious
experience has taught
on
of the
him
what
//OM'
62
he
percentage
in
interest
the
to
LIV/N'G.
goods
his
of
cost
has
determining this,experience
outstanding bills
upon
as
of
one
make
to
a
cluded
in-
duJy
in
the factors
problem,
the
second
A
credit
upon
this,and
than
time
to
buying
when
it is for
incident
of
and
the
never
you
surely and
more
purchases
upon
if
you
have,
"
much
credit
of
it will
be
; and
urged,
a
have
no
buy anything
with
money
buy
it.
It
future, which
bear, any
to
is, in
the
for
pay
last
likely to
to
his
who
neighbor
of
cash
you
of
your
measure
of
and
economy
afford,
can
you
other
the
siderations
con-
all-sufficient argument
an
yourself and
the
if you
anything,
degree,
have
for
responsibility
supplied,much
than
afford; and
cannot
you
and
be
amount
be
chased,
pur-
running bills."
"
of
articles
postponed,
without
should
right,in justice
which
is
fact
one
constantly
are
the
science
even
for
pay
be
than
less
that
glance
this
whole
must
you
risk
inducement
the
exact
an
somewhat
against the practice
You
is
the
as
customers
to
The
all know
which
of
wants
is apt to do.
"
buy
the
payment
sharply
more
buying
at
seen
the
you
you
buying,
if the
when
they take
When
costliness
nothing,
owe
abilityto purchase
thrift consists
be
can
scrutinizes
buyer
cash
the
that
constitute
business.
with
fact
tradesmen
purchases
of
in the
more
that
make,
time
deal
The
reason
to
the
at
forciblyimpressed
as
cash.
extra
sure
doing
buy
everything you
good
a
pay
The
sales.
mode
buy
to
you
are
bills is found
avoiding
precisely this
credit
upon
that
to
for
reason
well-nigh certain
are
you
to
A
MAKE
add
must
living profit,and
so
TO
unwise
burdens
to
enough
present, and
have
charge
of
the
not
afford
cannot
you
family,
your
its
upon
own
especiallyfor
Hostedb,.
to
a
to
pres-
HOIV
ent
extravagance,
LIVE
and
every
is
present abilityto pay,
The
where
this
self-denial,but
pretty sharp
evidence
cash
buyer
other
any
live
to
sure
need
of
articles
the
make
all this
quite
the
end,
could
the
under
of
the
,
annoyance.
fact
that
debtor
which
with
be
creditors
to
pay
There
a
to
of
as
paid
the
which
by
It
on
the
larger
cases,
not
are
failure,if
be
disposed
of
bankruptcy,
is not
so
with
promptly brings disgrace
conviction
it.
bring disgrace
not
process
his
save
is, in many
may
the
paralyzes
Commercial
begin again.
to
these
is
or
own,
lessens
so
in ways
ones.
cannot
its
debt
purpose
it
dishonesty, does
no
free
his
Indeed
small
of
making bills,and
of
harassing bills
dealt
in the
obtains
laws
to
part o" my
no
which
only
DEBT.
practice
of
be
may
with
failure
bills
possible
here
It is
credit
OF
one.
by
debts
compiomjse
leaimg
in
possibly
governed by
,
by
best
very
reference
weakens
true
case
accompanied
and
of
lies in the
and
as
debts
the
in
it
he
have
I
is
the
to
overwhelm
Large
available
with
the
not
can-
require
may
needed, and,
PARALYSIS
money
is
which
it be
bought,
well-nigh impossible
energies, destroys his vitality,and
his
to
truer.
is
consumption.
which
objection
saps
debts
that
frequently urged,
most
And
is
than
system
world, and
Another
power
better
for
TflE
one,
is
explain
discuss
to
commercial
one
article
enforcement
that
your
rule,
purchase
purpose
its enforcement
is
hardly
I
the
that
Its
beyond
one.
Saving
upon.
63
make
you
for every
cash
is violated.
rule
INCOME.
extravagant
an
insisted
strongly
too
YOUR
purchase
necessity of paying
be
a
ON
TO
part of
and
those
of
petty
sore
who
...Coog
^^OW
64
know
facts, and,
the
the
of
part
in
some
to
meet
their
hills,it
costs
for
them.
They
money
which
he
the
discouragement
incentive
much
too
say
that
finances, which
is
There
they
and
enough,
fever
do
so
while
who
which
make
shall
do
and
the
man
at
need
afford
upon
and
that
a
then, it
of every
statement
be written
up
seems
over
a
too
one's
make
them
do
influence,is
true
small-pos and
those
afford
the
less
have
to
butcher's,
open
the
have
to
indulgence
such
yellow
scourges
occasion
any
and
case,
any
drythem,
the
are
very
all.
SHAM.
OF
the
nearly everybody resorts,
now
not
upon
from
EXPE.VSIl'ENESS
reflects
one
it at
debtor
means,
evil
grocer's, the
of
no
rot
in
who
can
baker's, has
feel the
cannot
the
who
the
their
dread
not
dry
them
men
of
have
successfullywithstand.
can
making
spite
otherwise
short, it is
of
sort
recover
we
him
THE
When
in
times, and
is, by
In
That
fail
not
anxiety, to
to show
produces
people
been
is,after all,spent, and
saved
a
of
way
it serves
are
for
No
who
those
people
few
men
but
against
goods man's,
bills
the
might
exertions.
always.
account.
accounts
this
then
sometimes,
that
on
which
reason
and
now
prosper
thought
very
dangerous
are
had
does
one
unseasonable
at
Sometimes
small
good
no
in
the
on
purchases have
when
even
plans which
renewed
to
his
that
come
effect.
that
consciousness
good deal, in
a
overthrows
into
LIVING.
all,a
And
his
carried
strong
A
than
worse
fraudulent.
payment
been
MAKE
delinquent debtor,
sense
provide
TO
a
costliness
and
what
sees
pity that
man's
his door.
exact
No
of
custom
the
sad
work
has
financial
observant
shams
not
to
they
creed
de-
condition
person
can
HOW
doubt
that
sink
people
both
to
better
appear
last winter's
which
money
enough, but
that
so
other
wiser,
less
whenever
way
spend
other
spending, merely
who
about
do
every
day.
afford
higher
to
!
How
rent
one
How
refrain
many
than
yet
way
or
many
from
are
which
you
conforming
there
are
very
men
are
all the
there
who
they ought;
there
expenses
never
that
as
in
they
never
as
a
do
you
justifiesyou
in
the
few
of
customs
people, indeed,
of
with
this
moral
which
their
well
in
to
feel
very
afford,or
falsehoods
anotlier,act
put
live
to
lies
cannot
income
your
of
in
be
a
as
economies
is to
to
and
manly,
yourself
worthy
which
ought
fellows,
deal,
is
so"
more
your
wrap
sake
And
is
good
foolish
very
with
savings bank,
fellows
which
a
fortable,
com-
one
a
do
to
of
and
new
you
your
practice
than
more
the
It
a
the
into
a
than
to
to
to
so
lay aside
you
it is whole
buy
as
are
all.
and
and
still,
When
money
clothes
on
for
you.
not, in
enough
it at
they,
put
so
are.
afford
you
"
genteelly
you
be
which
people, unconscious
and
well
use
practising, tJian
of
those
do
than
cheaper house
dream
must
the
to
frequently,
costing
reallycannot
to
dress
to
is
as
not
now
erally
lit-
in the
item
so
to
gone
it
add
financiallyinto the mire, but
they
have
dress
purposes
cowardly person
story
shabby,
and
you
refer
because, while
to
to
if you
do
to
for
away
ought
desire
The
too.
I
sensible
than
trifle
a
shamming,
are
you
off
overcoat
it looks
any
in
of
which
considerable
a
and
morally
gj
expenditures,
pretend
to
every-day shamming
desire
your
rich
once
themselves
the
INCOME.
YOUR
constitute
comfort,
to
recklessness, pictured
prompts
say
OAT
well-nigh everybody's outgo.
of
insane
of
LIVE
absolutely unnecessary
nothing
sum
TO
that
kind
courage
they
cannot
they
pay
tailor's bills
a
are
...Coo
lion'
gQ
TO
smaller
it should
than
majority of
cases
because
It is easier
extravagance.
moral
a
coward
because
him
he
being
of
nine
after
who,
several
he
attention,he
From
comfort
that
than
of
On
he
this,he
bank
tells me,
has
He
had
living,and,
expensive
whose
as
is
than
history
nothing.
the
He
I
practice
usually the
he
ford,
af-
of
sort
make
even
entirely
an
a
of
travagance
ex-
all
to
stop
appearances
printer
a
himself
as
in
him
pinched
of
others
case,
in
happen
to
a
know,
mere
to
very
began
a
greater
hundred
a
like
the
of
gant.
extrava-
that
ways
rest
regulate his
count
ac-
pendent
inde-
measure
consciously
that mode
A
lived in
has
tice.
prac-
constantly growing
been
afford.
could
left home
could
I know
he
a
made
never
contrary, he had
allowed
has
sometimes
sake
earnings might support his family, but,
had
of
ily
fam-
one
plan suggested into
the
before, and
did
ever
make
to
might suspect
stmggling, found
resolutelyput
to
the
sults,
re-
life,and, having this fact pressed upon
began
fortune.
the
hard
of
he
in return.
good
real
no
than
ten, and
to
great
sins
that
is this
common
for
these
own
somebody
in
incurred
years
savings
the
at
his
he
So
for
own
merely by putting
year,
are
day
to
it in their power
every
bring
when
as
poor
his
which
is.
the
all,
Well, well, a
say,
money
that
workingmen
which
expenses
only, and
he
also,have
one
satisfactorysaving
those
afraid
their
for
honestly
more
in
humiliating
"
and
sigh
spent
than
poorer
themselves
less
paying
that
true
scapegoats
to
been
has
that
the tenth
and
is
It
and
expensive luxury," than
an
been
the
after
surplus,
blame
easier
families
and
LIVIXG.
net
!
not
it is much
their wives
is
be
do
men
A
their
that
inconvenientlylarge;
is
MAKE
of
us,
mode
livingwas
of
more
wealthy gentleman,
life with
boy, owning,
as
absolute!)i
he puts
it,one
now
gg
is used
expended
created
wants
sight
in
The
the
merchants
very
they supply
wants
only
he
to
keep
an
not
get
could
the
to
the
keepers
;
and
at
all if he
aggregate
the
attention
matter
such
of
self-denial
to
one
which
that
most
eminently
knew
makes
which
he
it
so
wants,
smoking
for
might always
coniident
that
worth
have
the
other
uniformly
rule
of
his
day.
every
the
this
of
sole
a
In
purpose
of
needed,
has
one
in town
habit
which
end
successful
life
his
of
to
of
bles
ena-
to
than
any
It
people.
and
to
money,
save
before
himself
kind.
any
more
business
The
us.
I
man
ever
something
youth he acquired
abandoning it,so
to
in
it
ourselves
only
deny
value
money
many
set
we
a
self-control,than
which,
fail,not
us
given
never
success
to
in the
save
is
the
control
to
to
has
of
to
craving appetite
habit
the
there
than
habit
a
bow
many
any
and
a
know
it
unreality of
who
one
saving impossible
not
accomplish
to
of
find
able
consider-
at
is
sort
think, and
to
of
country.
this
essential
more
absence
do
deny ourselves
of
be
can
we
of
any
greater
even
tiling,makes
one
is because
but
apt
think
stands,
buys
he
constant
CONTROL.
It cultivates
Indeed, it is the
other
is
save.
nothing
than
more
be
wants-
things, from
gaze
of the
in the
SELF
indulgences
good deal
a
public
things
the
OF
these
evidence
lived
HABIT
oneself
deny
of
the
never
peanut
proof enough
if further
account
THE
To
is
of
of
the
to
by
or
should
we
vendors
wares
imaginary
or
lives
not,
saw
that
themselves,
to
cost
LIVING.
artificial
fact
tlieir
profitable to display
A
of our
artificiality
which, if we
wanting.
great
MAKE
supplying
the
by
articles
of
TO
the
habit
that
he
keep in subjecton,
self-control which
this would
give
TO
HOW
him
would
there
be
be
can
out
into
of great
in
control
alone
almost
without
that
has
he
his
things in
equally
is the
o" all
only
Isaac
In
been
doubt
less
are
made
have
world-wide
failure,and
fame
a
If
it
accustomed
solved
as
he
his
a
each, scrutinizingit
problem,
genius,
will
the
as
last.
As
closely as
of
that
call persistency,
we
tlie condition
but
he
he
often
wins
and
with
have
won
there
can
the
he
these
if he
weighed
been
to
liant
bril-
And
defended
he
the
gravitation.Sir
would
was,
if it had
leads
ingenious and
himself
it was,
self-
of which
belongs only
think
nevertheless.
cherished
success
it,genius itself
most
than
His
almost
organized
mediocrity
contented
have
failure.
persistency is
to
of the
of himself
would
conjecturesto
number
tends
ex-
precisely this habit of
Without
with
had
he
truly master
that
and
motest
re-
other
others, and
investigatingthe great problem
Newton
not
;
achievement.
we
is
a
money
many
a
has
judgment-informed
to
worthy
guesses.
would
It
the
making
unfailingformula,
an
estimating character
reputation which
genius.
to
He
pulses
im-
control
undertaken
of
so
and
to
his
in
not
master
principal element.
brilliant
to
him
man
a
gives him, too,
yet known
circumstances.
subjecting impulse
in
has
never
to
all
launcli
to
himself, and
is
been,
traced
wishes
his
habit
as
It
He
has
its factors
reduced
control
effort.
an
makes
of
danger
no
wide-reaching business,
time, and
master
well
as
be
can
Temptations
The
reason.
succeeded.
himself
of
mastery
and
his
that it has
Its eiTects
subjecting all
others
over
of
corners
of
gg
; and
him
to
operations.
liabit of
singular mastery
INCOME.
speculation bring
the
the
to
YOUR
whatever.
business
vast
dangerous
constantly
ON
advantage
doubt
no
through his
LIVE
these
a
had
be
no
liant
bril-
and
tested
guess
of
a
^OW
TO
rival
he
whom
of
TO
each
by
the
It
method
the
of
grain
regardless
;
hypotheses and
of
which
with
truth
the
end
deal
good
of life.
sought, and
he
his
than
more
it Is
And
fame.
Massena
succeeded
in
beaten,
was
the
upon
the
even
it of
had
and
the
his
was
the
twenty-four
"
At
of
as
And
Wagram,
he
of
Emperor
long
as
Macdonald
be
may
did what
will
he
was
that
demanding
from
sent
a
position for
quest
re-
his
been
battling ceaselessly
exhausted, sick,
look
the
of
master
I
able
consider-
a
accomplishment
was
and
delivered
absolute
depended
army
hold
had
already,
most
Napoleon
position for
of
walks
yet they
order, therefore,he
an
sit erect
he
as
his
during
en-
their fellow-
of
shrank
should
hours
field,and
none
of
bis
his
all other
Essling, where
hold
marshal
barely
which
of
altogether the
in the
Napoleon
Massena
forty
could
Tell
army."
will
indomitable
Massena
:
him
so' difficult
was
in
finally
contributed
habit
same
only
name.
he
building
not
At
to
Instead
messenger
"
was
task
the
were
with
Massena
Marshal
than
more
dead,
But
of
imperious
The
to
withdrawal
successful
his marshal.
hours.
at
the
The
that
did
preciselythe
achieved.
have
power
time.
homely
amined
ex-
til
un-
left
linked
has
this
accomplishing things
could
marshals
genius
Macdonald
and
giftedsoldiers Napoleon
for
the world
and
out
error
truth,he
in its turn
rejected each
sifted
he
exclusion
regardless,
;
but
everything
of
brilliancy,its
himself
credit upon
reflect
its
of
persistency of character, that
by self-control,
was
reached
a
delay
of his
LIVING.
A
jealous. Regardless
was
ingenuity, its capacity to
also,of toil and
MAKE
with
bloodshot
request
Massena,
hold
necessary
two
out
for the
of
two
half
eyes
Napoleon.
and
hours
his
"
reply
sis
safety of
"
the
promised.
charged
with
the task
of
pierc-
...CjO
HOW
apparently
enemy
for
pardoned
his
swafh
dead
of
until,with
he
however,
impossible
of
finallypierced
It
the habit
was
every
of
biographj
who
to
success
with
ultimatelyto
made
of
a
has
shop
enabled
which
of
every
and
of
of self.
It
in any
for
out
your
that
you
The
from
every
genuine
of life.
If you
will,be
are
defect
in
not
sure
is
a
against well-
there
dangerous
are
to
one,
or
in
money-making
It is this which
of
Coopers
and
large
you
are
hopes, your
the
this
was
phenomenon
nothing;
under
that
foes, and
It
a
and
feel that
fit condition
no
impov-
an
of his time
from
success,
impulses, your
antipathies are
in
success.
statesmanship.
fortunes
key
ington
Wash-
men
Franklin
undertook,
reader
poor
enabled
statesman
made
army.
this truth
well-armed
itself into
renowned
most
a
long years
seven
corps,
the universal
well-nigh mutinous
of
colossal
and
be
this which
was
was
black
a
French
all,and
that
Astors, Stewarts, Girards
walk
it
end
in his
the
must
discover
to
eleven
did
He
history.
failed
underlie
life.
which
truly
steadily onward
victory to
gave
this which
was
build
longings, your
Je
of
been
too
was
leaving
so,
out
yourself,that your
judgment
; and
men
and
have
desirable
any
ten
diplomacy and
to
must
achieved
that
marched
of
well
might
he
everythinghe
the
to
country
admit
to
line
position of the
impossibilities. He
failure
the
It
in
little
he
rear,
hold
to
Pitt
success
one,
-ji
the
his
convert
time.
any
found
well-equipped, well-fed, and
disciplmed
of
he
INCOME.
in
handful
a
when
accomplishment
page
has
erisliti country,
which
the
mastery
IS
YOUR
of self-control
ight on
ti
IS
of
men
loss
a
ON
impregnable
an
retiringbefore
master,
own
him
to
centre, and
the Austrian
ing
LIVE
TO
it is this
engage
which
smaii,
or
not
ter
mas-
fears,your
dominion
holes
the
of
your
in your
in the
may
mor,
ar-
bat-
prove
^OW
72
fatal
aiso, but
of
creature
what
it
habit
thing,yon
have
form
the
habit
Cross
your
is
of
only
to
do
undertaking and
mistake
with
to
at
a
a
than
I send
As
by
purpose
the
edition
have
and
and
mastery
is
man
truly free
so
a
is
pleasure
no
It
in
is
!
There
alone
is
in
expended
who
to
as
permanent
produce.
he
as
it is
weil-eamed
can
labor
And
no
self which
of
for the
one
repay
else
persist in
one,
least
at
genuinely happy,
when
happiness
to
failure.
these
used
Mr.
to the
pages
in this
E.
P.
his works.
author
he
who
writes
then.
of this
And
and
scatters
must
am
little manual
I discover
been
is
more
ing
acquirhimself
knows
this
admirable
expect that
than
more
things so
for
a
of
unable
Mr.
neighbors
concerned
or
originality
will
for the
its
hiitori-
nearly
cal
identi-
essays
which
Osgood's
coincidence,
lavishlyas
his poorer
for its
in
wholly
am
deeply
a
of the
some
volume
Men"
merely
ideas, I
best
much
is
that
employed
Characteristic
his
the
have
in his
Whipple
Whether
I
press,
chapter
unconsciously borrowed
whenever
key
or
eted
cov-
brings unhappiness
certainlyin
nothing
yourself
tilings.
there
none
title "Character
of
an
real
yourself.
exertion
bad
indulgences ;
it which
to
no
a
persistently. .To
Deny
a
doing
only master.*
own
bears
it is tlie
of
control
of this sort
habit
is
conscious
no
Cal illustrations
now
with
sufficient
*
but
is
in
it,and
his
is
which
pleasure
and
be
great extent,
a
continued
to
wholly the
so
habit
must
case
your
contrary,
There
; there
brings a joy
constantly
opportunity.
every
pleasure ia momentary
strength
the
acquire
self-control,you
that
everytliingelse.
weakness
it
is
accomplishing distasteful
the
On
Man
himself, to
Spur yourself
suppose
it.
To
task, and, if
a
LIVING.
make
may
be.
impulses
weary
he
to
of
A
incurable.
him
indulgences.
you
MAKE
not
that
pleases
it
TO
or
collected
whether
I
to determine
Whipple
does
borrow
them
;
fulness
practical use-
literaryexcellence.
...Coog
TO
IVffAT
DO
WITH
SAVINGS.
CHAPTER
WHAT
VI.
"WITH
DO
TO
GENERAL
Every
find
to
apt
who
man
savings.
If he
are
the
for
himseU.
people
To
do
ill the
to
advice, he will
find
wisely, it
so
and
to
first
on
a
at
while
your
as
is
the
be
children
within
the
are,
decide
must
to
keep
will
not
will at
as
certain
always
least
serve
should
never
The
WORK.
allow
capacity
the
and
to
apt
of
of
six
this
becomes
per
cent,
growing
are
to
in
the
nonage
to
upon
a
thing
evident
manhood,
to
if we
and
one's
the greater is your
children.
need
of
tainly
cer-
it
est
inter-
reflect
itself
if
the
principal,twice
savings banks, it will multiply
of
it
deserve
to
doubles
money
work
as
The
sums.
small
too
seem
o" money
acted
of small
matter
part of his
any
doubtless, but
known,
promptly reinvested, or added
is done
savmgs
AT
enough
fallacy
simple interest
one's
interest
three
is well
dollars
attention, but
them
to
generally recognized
as
few
these
MONEY
lie idle.
be, particularlyin
should
year,
to
wages
earn
is not
that,
place, one
property
or
money
is necessarj'
his
various
as
he
witli
is
mistakes.
KEEPING
the
do
to
end
little
or
opinions
the
direction,attention
same
prevent serious
In
in
what
while
view, and
in
general principles
point
know
loss
some
give them, and
who
much
anything,whether
to
at
seek
SAVINGS.
PRmCIPLES.
saves
himself
73
Now
the
the
itself
a
by
smaller
earnings tiiey
...Coo
J^^OtV
74
allow
brief
time, and
should
money
banks
One
long
remain
they
as
which
is to
years,
with
to
do
second
anything
to
point
shall
at
making
case.
one
home
or
small
with
at
a
for
and
about
about
twelve
periods.
Here
it would
allow
can
commonly
savings bank,
afford
greatly
its owner's
be
and
more
person.
of
one's
to
earn
institutions,
the
of
safety.
if it
were
of
matter
immediately productive, therefore,there
to
pursue.
larger
amounts
Deposit
a
them
variety
or
course.
made
than
In
time.
weekly
these
secure
money
what
guaranty
every
who
men
all the
small
as
seem
their
determining
far
so
interest,
is little choice
there
ones,
is
So
and
time,
earning something
in
pose,
pur-
facilities.
fact, that
a
singleday,
Safety.
a
this
in
shorter
be
considered
concerned
in
For
any
themselves
it to
be
might
older
suras
course
But
there
double
they
be, your
semi-annual, compound
idle for
is
may
convenient
most
sums
know
be
it is unwise
savings,the savings
small
and
earn
placed willi them
Money
but
to
by deposit
particularly the
kept
be
in which
way
is
of
case
best
not
be
are
it waits.
while
cient
suffi-
a
However
interest
the
ment
invest-
as
soon
meanwhile.
lie idle
to
other
accumulated,"
be
deserving attention,
it
when
monthly savings
only
as
work
they
did
we
aiiord
investments
The
made
small
matter
a
nothing
A
be
the
LIVING.
to
proportionate earning
a
incredible, if
never
some
small
to
they
that
say
certainly is
can
made
be
deposit very
can
have
however
altogether the
offer
if you
shall
particularly in
and
even
weekly savings
your
the
A
investment
some
for the purpose
sum
MAJCE
and
making
view,"
in
to
of
capable
arc
TO
promptly
in
of investments
...
is
every
be-
HOW
"j^
hawked
are
or
that
they
subsidized
a
means
borrow
this
All
trouble
theorists
as
present
so
wlierever
be.
Paper
money
use
often
of
out
has
late
all sorts
honest
of
time
have
the
enough,
gained
under
but
debts
it
than
more
always
can
the
set
on
authors
tliis
stimulus
foot, most
all of them
but
the
oneself,
danger is
mischief
the
to
wealth
itself may
foothold
given
of them
designed
in
to
than
its
be
idea
many
speculation by
paper,
schemes
safe
seeming
one
may
that
create
country this delusive
irredeemable
then
ever
transactions, howof
firmer
deavoring
en-
accomplish
to
that
into
and
now
how
thing
that
much
and
a
as
busily
been
and
business
easy
so
In
a
have
reasoning,
the
The
delusive
sq.
neighbors only
idea
paper-mill.
been
with
as
credit fii^stentered
nothing,
into
enters
world
the
that
one's
not
depreciated
our
est
inter-
disastrous.
very
discovered
have
they
delude
years
high
yet it is lost sight of
and
men
of
out
is in itself
people think, and
use
the
well-meaning
a
their
their
borrow, but they
until now,
engenders
ground
the
From
credit
and
for it
in
nothing
sophisticalfinancial
honest
of
is
that
to
easy
in
bodies
by paying
to
brolier
say
that
to pay
sometimes
are
wealth
create
with
truth
owe
enough,
results
there
imagine
It is
well
the
transactions
to
need
evident
sophistry.
commercial
to
be
may
rate.
seems
is that
financial
choose
and
to
we
interested
an
universal
a
able
are
have
may
market
and
day,
every
their face,
than
may
raise money
to
They
the
LIVING.
safe, whatever
not
that
occasion
at
less
at
this,it is
Those
is worth.
A
security. It is with corporate
poor
no
street
are
from
individuals.
have
MAKE
religiousnewspaper
aside
And,
it.
the
upon
sure
very
TO
way
or
of
and
another
WJ/A
to
wealth
create
and
T
We
do
than
possibly
and
it up
all these
spend
to
of
railroad
a
market.
benefited
hy
the
payment
their
a
partiallybuilt
bonds,
of
rate
road
first and
on
those
various
of
cautious
been
get high
fair
sold
rates
must
building
and
mortgages,
sold
to
be
well
saw
tens
for
the
In
of
it,giving
one
a
the
able
were
road.
than
on
its
With
its
issue
a
their
to
high
face,
ward
for-
carry
face, except
aggregate of these
amount
and
utterlyunsafe
an
people anxious
large part of these
process
in
Selling
redemption,
of poor
the end
repudiated,by
of
and
counties,
the aggregate
their
securities
of thousands
of interest.
and
treasury
enough,
that
jectors
pro-
these, bearing
something less
at
available
enough face,
to
be
who
The
could
company
actuallygreater than
was
likely
a
of
ability
our
of interest.
rates
security, the
this looked
people
securities
wearing
have
AU
work.
means
be
work
istry
Soph-
company,
most
enough into the company's
bringing money
to
second
interest,could
the
in the
as
a
we
fact,but
discount, the directors
considerable
progress
than
into
road, bought
the
than
have.
not
of
over
the
Cities,towns
bonds, bearing heavy
these,usually at
some
did
we
more
people.
plainer
cause
be-
influence
was
most
themselves
the
be
to
nothing seemed
organized
the
know,
doing
expended
greatly more
was
evident
which
have
Under
now
on
likely to
a
we
not
was
millions
placed their stock
to make
it
as
stocks
and
projected all
of which
cost
and
for,simply
pay
We
it
knowing
This,
pay.
until the fall of 1873
covered
cannot
we
enterprises were
the aggregate
yj
of bonds
means
enough.
money
vast
money,
country,
could
own
VINGS.
biiildmg railroads
which
had, without
have
we
unreal
an
not
SA
WITH
been
hare
costly things
very
we
DO
nothing,by
of
out
mortgages.
other
TO
or
another,
A
so,
sort
to
gations
obli-
rail-
...Coog
tiOW
78
built
road
on
its
on
may
double
a
country which
can
borrowing, but
sooner
simple
that
reason
the
It is
mariual
which
for
security,and
poor
created
We
seem.
seem
solid
owner
of
enough,
make
to
them
that
"
a
own
with
wealth
create
private
occasion
to
affairs and
his
fortune
blow,
and
gathering
and
regarding a
national
has
a
of
stake
at
the
up
in
courts
the
to
the
real
debt, that very
things
which
of
the
He
who
blow
affairs,
themselves
own
tries.
sophisshow
to
blessing,"was
of
by
means
great bubble
next
just
fact
he
his
had
busy settlinghis
now
his
so
which
unhesitatingly put
he
prove
genious
in-
beware.
are
their
fragments of the
to
such
undertook
ago,
are
be
however
solid
and
great national
the
means
cannot
men
great that they
nothing, that
safe
un-
especially,that
imagined discovery
of
little
a
from
many
"
need
very
years
is
debt
undertook
announced
so
some
own
out
bubbles
plausibilityof
the
who,
great national
infatuated
to
banker
is
this
doing
deceived, oftentimes, by
The
seem
the
less
interest
wealth
bubbles,
of
business
it is the
in
accomplishing
of cash
amounts
down
whatever,
process
it is of
worth
are
high
that
one
time
a
and
that
their skill in
and
in
"
moderate
bubbles
these
live
remember
should
any
that
one
plausible the plans for
and
may
nothing, by
of
out
universal
the
lose, for
distinguishsafe
to
investments, except the general
still further
must
lay
to
by wliich
It
security.
as
me
interest
pay
of
its business
and
a
somewhere.
means
its creditors
of course,
to
necessityfail
they stand
nile
running through
enough
time, by
a
road
the
this,any
business
later
or
impossible,
like
for
LIVING.
credit,and
of
of very
must
for
amount
A
give it
interest
gold
MAKE
system
never
indebtedness,
pay
than
TO
ruin.
absurd
ought
to
When
he
proposition
have
warned
IVHAr
TO
DO
WITH
SAVINGS.
everybody against his schemes, proving
banker
was
dangerously wild
a
earnestly he might
wealth
warning
in the
lost their life's
In
traps of dishonest
face
a
they
enterprises,a sketch
with
outline
an
finance
be
may
hard-headed
a
his
of
business
promise of
I
famous
career,
may
how
schemes
whose
of
men
of
enormous
here
copy
a
how
be
may
this
I find
(Tract
No.
portion
the
of the
that
excellent
some
of
theories
when
elect
of
"
tempted by
told
weil
so
that
theorists,
in
very
story
126),
And
sort
show
the
deceived,
gain.
so
solidly founded
to
"
complish
ac-
wear
of all financial
even
o"
to
business.
more
serve
and
efforts
discovered
bubbles
most
men,
Miscellany
Chambers'
define
savings in
well-meant
have
they
and
made,
have
schemes
dangerously plausible utterly unsound
how
measure
the
to
skilled
to
of the
existent
non-
people
of
the
to
readily distinguishedfrom
be
may
much
as
even
impossible so
it is
while
of
investment
and
impossibilities,
deceive
to
as
using
for
thousands
the
so
tricksters
financial
fair
not
honestly believe
who
and
consequence.
a
refer
great
costly enterprises. The
of
and
against
readers
securities,I
theorists
as
the
honestly
devices
own
prosecution
earnings
warning
bubble
his
unheeded, however,
was
did, that
it
as
theorist,however
in
believe
yg
instead
of
of
that
text
in
writing,
re-
mirable
ad-
work.
THE
Among
the
the
national
STORV
a
Lauriston.
He
yOIfN
of
inhabitants
enthusiasm
height,was
OF
for
ZAIVS
Edinburgh, during
the
Darien
youth, John Law, commonly
was
born
at
LIFE.
Edinburgh
in
scheme
called
the
time
was
John
when
at
its
Law
of
1671, his father being
...Coog
^i'OiV
8o
a
rich
and
goldsmith
the lands
of
His
mond.
him
in
1684, left
dying
handsome
a
natural
of the
these
and
person,
in such
became
involved
of that
personage
sentenced
to
free
crown,
a
brother
of the
pardon,
he
was
On
pardon
effect.
directed
a
spending
employed
himself
by personal
especiallyto
the
Law.
Wilson,
blers
gam-
for
in
few
and
to
the
noted
a
Wilson
and
murder,
case
offender;
issue
his
the
to
but
might
a
the
have
continent.
aprsared
in the
apprehension, but
years
adding
the
to
the
1694 he
appeal against
an
escape
observations
trade
the
advertisement
a
In
the
a
gayeties
successful
most
to
his
reward
he
animal
all the
guilty of
prison, and
an
spired
in-
only
generous
ensuing, in which
duel
a
made
not
without
knowledge
and
Beau
granted
in
detained
Gazette, offering
of
had
to
qualificationsof
of Beau
having lodged
London
whichhe
relating
ambitious
representation of
a
was
deceased
After
of the
name
and
;
7th of January, 1695,
the
during
the
On
he
be
plunged into
one
guished
distin-
abilities,and
profession
to
of wit
he
Cra-
young
Edinburgh,
matters
the
tried, found
was
proved serious,had
had
quarrel with
a
death.
heir; and
clubs, being dignified,
according
period
killed. Law
he
of
entering into manhood,
pursuits, and
with
in
al!
On
became
cases,
in
purchased
parish
mathematical
great fund
fashionable
of the
his
his father's
London,
to
had
the
him
with
which
a
metropolis, and
custom
his
taste.
society,for
in
his education
acquaintance
his
spirits. Removing
was
of
greatly by
abandon
in
shining
city,wlio
father
finance,for which
to
tliat
Lauriston
with
appeared
in
and
especially by
and
LIVING.
A
Randleston
himself
banking
MAKE
banker
during the period
Law,
of
TO
to
in
on
his
the
previous stock
various
manufactures
continent,
countries,
which
they
!V/IAT
carried
umed
e
a
p
1 1
e
WITH
of
systems
his
ho
busied
11 ng
he
ruin
of
the
opposition of Patterson,
principle
who
he
which
on
that
namely,
"
were
paper
to
had
Law
tlie many
for
schemes
which
crash
the
Fortunately,
the
to,
greatly owing
to
the
end
fought
based
of his
life
Bank
the
of
land
Eng-
payable
in
coin
exposed
to
danger
be
must
money
of
one
Darien..
at
nation
Here
inventing
listened
active
projects
was
against
up
colony
of
the
he
them, he
of the
Scheme.
in
bear
to
none
for
his
Darien
themselves
in
mind
the
when
; and
gl
established
banking
the
element
kingdom
the
SAVINGS.
time
the
at
elf in
OS
followed
DO
silly agitated by
c
oje
the
Edinburgh
to
u
fo
and
on,
TO
on
demand.
therefore,finding
Law,
of
account
on
France, and
still
was
Wilson, again
the
successful
most
himself
betook
private
behoof"
attached
an
Law's
"
occupation
mind
national economy,
for
which
he
capacity.
in
every
accustomed
to
; and
far
with
and
the
for which
city
throw
in this
wide.
Duke
In
of
state
or
his
out
way
his
France
being
to
and
with
an
ideas
fame
he
as
himself
the
a
to
finance
reputation
be, and
natural
visit,he
in his
to
was
his
was
sation
conver-
extended
theorist
especially,owing
Orleans, his
to
highest personages
happened
about
then
was
extraordinary
with
own
great subjects
those
considered
terms
which
discredit
no
one
ing
spendhis
for
of
one
Although
speculator
which
busy
he
familiar
on
and
gifted with
really was,
Meeting
to
still
was
known.
ever
gambler
a
as
of
reputation
agreeable gentlemen,
most
gamblers
of his time
most
the
gaining
everywhere
ablest,best-informed, and
the
of
of
death
the
he
continent, travelling through Holland, Belgium, Italy, and
the
of
that
itself
intimacy
high.
It
is
...Co
now
g2
said
even
liis
finance
Louis,
and
him.
Law,
in
his
Proposing
scheme
Savoy, afterwards
No, Mr.
'
ruined
whom
widi
removed
In
during
regent
kingdom
no
was
out
but
as
livres,it
creditors.
interest
and
of
state
of
of the
the
Turin.
Duke
of
:
be
to
potentate
people
the
exactly
are
a
long
and
to
a
and
was
best
residence
in the
Duke
of Orleans
The
XV.
national
a
of
excess
only
meet
to
; further
believed
small
to be
on
was
ed
seem-
The
an
diture
expen-
of g,oooof
the
regent
livres,and
considered
the brink
the
paying this
sum
demands
to 2,000,000,000
reduction
there
the
exertions, the
strenuous
debt
of
over
the
the
of
revenues
means
revenue
to
became
livres,bearing
only
the
Place
bankruptcy.
3,111,000,000
The
in
society.
frightfulconfusion, and
to
tlie national
state
his
the
and
conclusion;
same
the
avoiding
of
means
So,ooo,ooo
the
they
Louis
insufficient
was
reduce
to
died,
this amounted
By
as
remain
to
Genoa
poor
fixed
86,000,000 livres.
interest
to
Paris, and
amounted
of
000
a
way
interest
too
the
to
minorityof
the
debt
national
;
far
with
considered
currency
French,
came
XIV.
in
were
be
to
the
to
Louis
1715,
do
to
Sardinia, that prince answered
mingling again with
Vendome,
ant,
Protest-
a
anything
from
; but
kingdom
was
allowed
both
for
will succeed.'
eventually
he
1714
the
been
be
to
paper
by
am
if I know
you
Law
; I
a
of
King
Law
but,
;
of
have
Law
by
schemer
have
to
banished
was
of
the
to
dangerous
too
; he
country
a
that
indeed, appears
somewhat
person
finances
the
by Desmarets,
offered
plan
a
Catholic, refused
a
XIV.
Louis
to
being informed
on
not
of
LIVING.
A
adopt
to
disorders
the
MAKE
proposed
was
minister,
remedying
that
it
that
TO
of ruin.
state
trived
con-
the
sible,
impos-
(The
rmW
gj
and
MAKE
from
obtaining it
of
the cost
TO
hand, is' a
valuable
a
the
bowels
real wealth
quantity of
of
LIVING,
dependent
abundantly
as
as
is
paper
;
and
Gold
gold.
of
choose
we
therefore,is
currency,
silver
intrinsic
not
there
is
The
the
to
and
is
tion
producselves
them-
metallic
a
entirely
one
as
its
in
of
value
of
procured
substances
liable to fluctuation
so
be
can
a
other
cost
value,
limit
a
dear
are
substance.
cheap
very
a
; but
the
on
the
public opinion. Paper
upon
it were,
gold is,as
; but
less
earth, and
the
; paper,
likewise
commodity
production being less, it really has
more
of
little piece of
refining it,being great, every
condensation
A
of paper.
Not
of
'
a
laying
stress
where
there
its riches
exists
'"a
money
of the
proposition
the
basis
bank
to
control
The
it
decided,
and
to
'
bank,
which
the
was
"
such
as
consist
zd
of
not
favorable
of
chose
twelve
name,
but
to
up
the
become
thousand
the
to
the
of
legitimate
the
regent
notes
revenues
on
to
funds
to
council
of
finances,
'the
present
undertaking.'
be
furnished
shareholders.
shares,
at
the
States-General.
private bank, under
a
the
"
subject
1716, that
an
silver,
is issued
issue
royal
such
for
what
as
should
by the
country
a
introduction
proposed
by
others
and
gold
the
May,
set
to
Company,'
Law
King's
considered
the
leave
of
appointed
on
however, obtained
was
been
project having
of
Law
in
beyond
go
What
commissioners
of
was
in
conducted
be
not
property and
landed
ot
conjuncture
name
national
a
but
only so long
true
does
circulation.
establish
to
was
that
by the
greatly augmented
represents real wealth, and
demands
maintained
Law
circulatingmedium
no
be
may
considerations,and
these
upon
profound nature,
more
paper
due
by
The
one
Law,
the
self,
him-
stock
thousand
TO
WHAT
("2^0) each,
crowns
The
;^3oo,ooo.
to
nor
feature
the
at
of the
sight,m
as
half
from
as
and
the
parts
of the
the
the
orders
what
time
specie, in
per
were
the
cent,
very
and
taxes
to
exchange
five per
small
no
i7i8,when
advantages
take
it into
his
and
in favor
cent,
credit,to the
the year
England
with
the
The
bank
; so
Holland
of Paris.
profitof
Duke
the
of
resulting from
Majesty's hands,
trade
that
The
bank
preferred
to
for
to
the
the
notes,
to
been
interest
balance
rate
subsisted
of
of four
in
high
proprietors,till the close
the
proposed.
of
mon
uncom-
establishment, resolved
at first
;
draining
Orleans, observing the
as
effects
hitherto
the
one
nation
of the
began
now
rose
a
without
had
soon
in
bank
of
means
all
out
bank, with-
beneficial
and
French,
in
current
pass
who
payments,
the
many
not
account,
revenue
most
expense,
new
of the
of
by
to
Foreigners,
deeply in this
constant
this
On
Law's
notes
industry and
the
in
novelty; for
a
the
of
being, by
dealing with
in
of
came
revenues
specie.
of
subject to
were
itself.
the
on
been
paper
and
capilal at httle
the
cautious
coin
payable
to-day being perhaps
of taxes, the
they soon
ia
the money
was
punctuality
the
peculiai
Tills
officers
the
receive
the
royal
provinces
themselves
and
that
than
more
and
money,
be
to
were
all, to
it favor
gave
yesterday.
was
great repute,
much
so
it
to
to
thereby produced
remitted
the
to
rose
had
livre
quickness
discount, in payment
short
issue.
the
of
kingdom
borrow
the most
which
its notes
currency
given
to
weight and fineness as
same
value
than
more
well
the
allowed
that
in
amount
But
that
period of their
the
"
and
gg
to
commerce.
public, was
1689,
year
alterations
much
the
at the
the
of
be
to
not
was
SAVINGS.
therefore
was
kind
speck of
circulation
since
bank
WITH
establishment,
of
eyes
and
in any
engage
DO
to
/lOlV
36
and
Law
proposal,
but
December,
they
the
1718,
answerable
obliged
bank
issued
Orleans.
also
alterations
Various
by tbem.
Law
and
those
than
His
and
become
appointed
was
diately
imme-
were
and
Rochelle, Tours, Amiens,
is every
been
a
continued
had
which
there
of management
of
itself many
gigantic commercial
were
Company
;
the
of
the
to
which
land
river
Mississippi flows
The
property.
livres
tobacco
three
the
each.
made
the
over
afterwards
months
a
a
grant
"
this
of
of
this
it
acquired
and
in
monopoly
of trade
the
May,
with
a
charter
1719,
the
that
the
the
French
at
500
of
farm
consideration
and
;
property
it obtained
East
the
which
shares
for
company
of
being
1718,
was
Mississippi
the whole
200,000
a
called
through
September,
to
acters,
char-
various
the
the time
at
the
had
bank
Law,
of
Continent
consisted
4th
Mr.
made
tract
in
But
institution
an
commonly,
was
have
bank, it became
mere
of
bank,
a
would
of
1717,
more
company;
Senegal
the regent
stock
On
was
the
or,
to
nation.
schemes
In
American
of
on
other
directorship
a
tract
the
continuing
West,'
belong
to
functions
establishment, the
company.
under
Company
of
other
no
establishment
to
its
after
that, instead
established
its
advantage
years
incorporated with
so
understood
probability tliat
three
perform
to
usually
are
considerable
course
of
Bank,
name,
branches
in the mode
of
4th
introduced.
If the bank
'
Lyons,
at
King's
company,
this
Royal
a
former
director-generalof this Royal Bank,
established
the
the
on
be
to
in
the
and
yield ;
to
thenceforward
the notes
for
apparently disliked
declared
was
reimbursed
Majesty having
LIVING.
A
shareholders
were
administered
be
to
other
the
MAKE
TO
from
Indies, China,
WHAT
and
the
East
South
India
Seas,
that
the
Nor
this
was
tlie
all.
of
Company
the
Indies
the
farming
purchased
by
the
the
end
of
the
nation.
the
called
two
both, became
the
most
1720,
amount
of
issued
1720
end
was
to
a
the
of
wealth,
that
unexampled
the
speediest way
shareholder
Company.
to
The
enormous
year
period
with
a
livres
of
wild
in the
the
1719
realize
as
large
fresh
the
of
a
an
of
the
and
Such
frenzy extended
as
to
of
the
ranks
the
quantity
livres.
the
the
the
year
dence
confi-
avidity
Indies
rose
granted
to
was
in
and
the
to
of
was
possible
all
ruary,
Feb-
first of
total
it for
prodigious fortune
amount
In
the
such
of
taking
colossal
notes
the
Company
one
of
and
two
founder
the
beginning
Law,
of
the
2,696,400,000
infatuation.
had
Between
issue
and
before
enterprise
Indies.
Law,
making
"
receiving
manager
concerns
of
rapidity,every
to
the
was
Indies
Bank, and
sum
system
shares
and
August
that
the
in France.
two
a
of
so
"
to
nation
commercial
and
;
in
the
of
of
man
the
ordered
the
entertained
for
powerful
1,696,400,000
amount
The
united
of
of
director
same
over
;
privilege
Royal
West,
price.
made
followed
Company
the
were
bank
the
the
the
increased
money
Company
the
incorporation
the
May,
thus
was
these
of
the
itself nearly all the
1720,
date
the
of
was
taxes
quickly
institutions"
trading company
of
the
enlarged, the
an
Mint
sum
and
;
1719,
Law
great national
the
of
Indies,' at the
at
whole
revenue
year
incorporated within
o"
the
company
of the
branches
of
debts
Company
of the
a
the
Thus
shares
for
87
paying
the
Company
July, 17T9,
following,
other
'
of
of
additional
In
SAVINGS.
dissolved.
name
the
of
creating 50,000
time
then
Company,
assumed
WITH
no
condition
on
abandoned
company
and
TO
that
become
the
India
classes,
...Coo
HOW
88
'
Clergy and
laity,
peers
ladies
even
turned
who
livres
5000
sell out, and
tlie
being paid
procure
in
and
shares
estates,
too
sold
were
at
The
began
they
each
ized,
real-
had
In
in
of
chase
pur-
other
no
the
November,
way
competition
price
the
they
1719,
twenty times
at
man
thrown
was
paper
increased
other
to
creditors,likewise,
; and
stock
each, or
soon
fortune, and
a
state
disposed
rapidly.
shares
sight of opulence
quantity of
India
against
purpose,
now
which
realize
'
a
that
popular delirium, each
I
be
East
livres
10,000
The
The
not
?
that it could
more
other.'
shareholders
the
bank-notes, such
still
for
estates.
may
purchasers
princes, nay,
money
fortunes
enormous
by the purchase of
these
each
Prudent
Why
:
and
into circulation
than
'
himself
to
LIVING.
plebeians, statesmen,
could
or
each.
with
houses
of
A
rapidly acquired increased
saying
,of
and
purchase houses
to
thus
hadj
MAKE
stock-jobbers,outbidding
to
rose
TO
tlieir original
price.
Innumerable
anecdotes
of all classes
intense
become
to
anxiety which
in the value
which
in which
of
the
quempoix
;
of
stock-jobbers met
the
which
crowds
great
that
accidents
occupiers of
this
street
were
so
general excitement
Houses
whose
10,000
livres
a
rent
a
first
at
used
reaped
month
pistole(i6s.)a day,
800
livres
; and
even
A
cobbler
ness
eagerof the
from
fluctuation
every
of
the
The
frenzy.
the
was
daily to
de
Rue
Quin-
assemble
there
The
houses
a
year
to
were
the
let
singleapartments
earned
from
harvest
golden
a
200
tune
for-
street
constantly occurring.
were
by lettingtheir
was
the
strange vicissitudes
the
during
about
of
in the company,
prevailed, arising
brought
and
illustrative
shareholders
shares, and
were
told
are
the
speculators.
6000
at
let for
were
livres
or
a
day by
WHAT
allowing ladies
them
with
man
is
livres
a
and
chairs
mentioned
his
on
was
informed
was
so
And
referred
it
No
to.
the
Abbe
the
scholars
A
crowd
Rue
the
at
of
few
de
the
and
whole
who
those
The
Rue
de
speculating
was
also
business
was
of
his
patients,when
feeling
de
la
India
Hotel
for the
M.
had
as
cowards
being found
short
de
daily
for
j and
Law,
at
Soissons, in whose
of the
ing
push-
speculating,
fools,
for
the
purpose
ol
narrow
the
transferred
an
the
in the stocks.
time, however, this
accommodation
daily carried
la Mothe
or
too
selves
them-
through the
from
stock, the traffic was
a
France,
escaped
bargain
refrained
by
lamenting
were
de
'
pulse, he
congratulating
to
come
her
in
men
Mothe,
met
congregated
who
mind
infatuation.
the
learned
regarded
he
lady's
the
her
not
withstand
five persons
were
so
Orleans,
His
falling.
as
falls,it falls continually!
most
having
inconvenient
the
erected
only
In
found
of
nation, and
Quinquempoix
in the
Vendome.
purchased
were
did
crowds
immense
Place
court
Duke
shriek, till he reassured
Quinquempoix,
both
hump
the
days after,the Abbe, pushing
through it also"
In
the
150,000
his
use
that,being scholars, they
fact
contagion.
M.
of
to
was
it
to
and
and
madness
the
on
to
able
was
Tenasson
together
to
Mississippi shares, and
one
ablest
the
Oh
;
humpbacked
one
that,while
'
in agony
the
was
shares
news,
lady,alarmed, began
tellingher
o"
the
of
stall,furnishing
fortune
a
the street
one
gg
his
nay,
acquired
lady,
a
price
with
exclaimed
the
Two
visit
the
engrossed
pulse, he
having
;
Chirac, physician
to
that
sit in
to
jobbers in
the
M.
way
SAVINGS.
writing materials
as
by allowing
WITH
DO
gentlemen
and
writing-desk.
was
TO
to
open
space
price,
enonnous
gardens
public.
the
pavilions
Here
the
on.
...CjO
J^OIV
QO
Mr.
the
which
the
Law,
the
as
nation
TO
judges,
crowded
in
would
keep
a
himself
his
the
to
servants
that
the
Mr.
admitted
been
of
his
into
utmost
that
he
France
;
in
concluded,
a
he
affable.
to
thought
the
with
wait
upon
filled
to
desired
his
for
to
!
Earl
the
a
announce
French
racy
aristochis
to
;
and
o"
Mr.
Law
by
many
of
with
rank
be
to
the
gardener,
to
of
those
this
play
at
Lauriston,
for
man
left
dispatches
to
of
the
to
his
learned
to
plant
important epistlewas
a
game
at
good while, till at length
give orders
Hay^
great
surprise his lordship
After
own
Earl
mentioning these surmises
small
no
given
were
being, by special orders,
but
number
particularspot
proper
'The
private apartments, beheld
Upon
they continued
way
before
ordinary errands, he
on
ante-chambers
only writing
was
cabbages
which
coming
Argyle, going
consequence.
friend,it was
six hours
the
haughty
leisure,he naturally concluded
his
wait
to
a
and
haughtiness,
or
an
applicants,
bribes
was
this
exceedingly
the
from
writing what,
of
utmost
It
for
sell them
to
numbers
Enormous
in
persons
highest quality of
the
man
to
found
appointment,
old
behaved
Duke
afterwards
waiting
Law
waiting five
waiting.
person
and
have
to
appears
the
of the
bishops, and
condition, merely, that they should
Law
countrymen,
with
interview.
an
on
of
name
by such
of the realm
peer
admitting him
to
Troubled
conducted
Mr.
for
projector. His
ladies
of
prevail on
levee
peers,
Scottish
the
constantly full
interview,that they might
Law
of
wealth
comparison,
The
kingdom.
princes, dukes,
retinue
were
portion of stock.
all the
of
dispenser
the
and
;
the
ante-chamber-s
LIVING.
struggling,became, beyond
was
forsaken
was
A
and
author
principal personage
Regent
MAKE
the
piquet, at
the
admission
great
of
his
-STOtr
rt2
sittingin
who
out
she
been
was
so
when
strong
behind
a
stand
he
the
on
another
with
two
a
other
rich
into
plate,went
of
collection
Up
the nation
Louis
change
articles
wonderful
most
was
to
the
finest,by
all
baker's
a
to
exposed
Law's
outward
system
-what
could
be
the
have
put
!
a
nothing
a
nificent
magThe
'
the
on
said
riage,
car-
tlie fortunate
service
superb
produced
and
when
been
to whose
less
than
an
of
the whole
purchased
it had
man
himself
having acquired
son,
prosperity ;
ers,
driv-
deposit.
a
be
him
engage
for
means
had
to
finding
sale at 400,000
for
with
as
to
were
wishing
compared
owing
livres
4000
arms
excellent
coach-maker
a
gave
brought
meant
speculator
such
Law
man
as
he
as
one
room
supply
The
both
choose
XIV., it appeared that
was
himself.
as
Mr.
should
he
goldsmith's shop and
this time
to
discharge, which
good
Brignand,
a
again,
made
to
fortune, and
enormous
ground
had
his
place
coachman
orders
"
the
to
going,
of
accustomed
Law's
his
ulated
spec-
of habit
force
Mr.
Another
finest
One
man.
his
had
have
berlin, leaving
the
into
the
:
Mary
;
lacqueys would
inquiringwhat
Oh,
time,
day, recommended
gave
man,
so
carriage
a
up
make
mother
many
as
himself.
be
to
first
jumped
he
her
to
footman
A
set
coyld
one
proved
to
the
that, before
his master
asked
no
how
asked
and
coach-maker
of
he
coachman
new
the
board.
next
'
able
mounted
he
coachmen
the
be
to
that
condition
on
and
rich,
it for
trying
it
become
entering
was
fortune, that
him,
and
excusing himself, as
"
by saying
to
!'
and
successfully as
but
;
LIVING.
lady whispered
young
cook, Mary
speculating
so
own
till a
was,
our
A
conspicuous position ;
very
it is
'Why
had
a
MAKE
TO
livres.
nothing but
the
at
state
the
death
exertions
a
of
the
demigod.
WHAT
in
indulged
cloth
No
coffee
silversmiths
than
granaries and
accommodation
in velvet
was
was
profession of
the
The
his
in
Sciences
applause
'
a
man
an
enormous
vied
of
;
him
France.
others
accordingly. Law
fortune.
He
had
;
each
It
by
is
street
1719-20,
before.
the enthusiasm
making
public
a
December
1719.
political dignitybeing
comptroller-general
the
with
and
his
situation
upon
enriching
was
to
of
to
house
in the
seen
religion in
equivalent
time
same
honorary
an
sufficient
ever
by
living
obliged
winter
country,
About
him
gang,'
the savior
wealthy himself
a
1720,
showered
venal
who
the
declared
France.
elected
for
the
of
were
of
the
summer
Catholic
was
January
prime minister
poets,
finest
and
hts admission
to
he
removed,
finances,
of
the
Roman
only obstacle
thus
gold;
stocks.
been
promenaders
greatly increased
favor
in
and
idol
the
now
The
crowded
in the
were
being
not
tured
manufac-
was
have
to
and
months,
for, and
of these
many
all.
them
said
are
of
ell of
fifty;
three
speculate
to
price
The
for
of
course
ranks
eighteen livres.
to
orders
come
and
the
plate. Paris
lofts,there
brilliant than
Law
the
of
had
sold
now
received
1719,
for
clodied
more
In
strangers
305,000
live
in
lowest
the
people.
fiftysous
worth
;^7,ooo,ooo
in November
was
had
of Paris
in Paris
were
from
rose
foreign visitors,who
fewer
93
in
the
livres
correspondingly.
rose
above
with
injuryto
any
for fifteen
sold
of
pound
Wages
the
had
which
SAVINGS.
previously unattainable, and
without
rose
WITH
profusion, people
luxuries
commodities
the
in
circulated
Money
DO
TO
member.
in
other
to
was
his
be
the
known
purchased
and
to
rest, the
preparing
expected
would
scheme
pliments
com-
that
grow
realized
have
fifteen
of
Academy
Honors
and, among
the
that
to
the
of
or
sixteen
^OfV
Q4
TO
with
large estates, together
proof of Law's
as
his
system,
own
a
that
he
country,
that he
but
wished
the
equal
all
to
Catholic, he
of
had
Europe,
in
English and
with
being acquainted
II., then
the
Scottish
Law,
assist
in
to
pleting
com-
of
sum
ties
private liberaliof
spoken
him
all
contrived
and
given birth
it is
was
Germain-en-Laye,
such
to
its freedom
boasted
noblemen
and
;
himself
another
transmitted
Wales, condescended
of
Prince
Mr.
had
who
Perthshire
generosity
him,
of
the
indeed,
appears,
and
proud
be
of
out
sums
to
Lauded
she
was
crash, would
his
and
;
in
landed
professing
St,
at
suppressed
it
in
distributed
; he
city of Edinburgh
gold box.
a
livres
be
money
His
500,000
to
confidence
Errol, in
of his
English
began
that
of
estate
munificent.
Scotland
The
genius.
It
occasion
Roch
the
been
let it be known
to
St.
and
constant
the
gave
among
pensions
was
a
church
livres
500,000
over
On
done.
remarked,
be
his
a
any
concluded.
never
his wealth.
die
whose
was
of
send
not
the
purchase
to
his
event
easily have
might
bargain
Roman
a
he
as
and
faith
good
did
It is to
livres.
invested
him, and
to
mansions, amounting
and
property in France, which, in the
completely lost
LIVING.
houses
of 7,000,000
altogether to the value
however,
A
MAKE
said
even
dabble
of
George
secretly in
Mississippi stock.
The
bubble, however,
of the bank
months
when
Such
and
of
in the
the
to
lend
of
only two
sums
per
any
cent
already full
was
of money
amount,
Now,
on
blown.
at
was
company
December,
company
abundance
of
India
and
November
shares
was
of the
was
and
1719,
proper
however,
a
credit
height
in the
January, 1720,
livres
each.
bank, that it
offered
selling at
in the
its
The
10,000
security,at
drain
of
an
interest
specie from
the
...Coog
WHAT
bank
began
with
not
last
into
gold
and
company
that
^began
long
"
silver,and
hoarded
The
de
shares, for which
demand
specie for
his
house.
Law
had
appointed
livres
d'ors
England.
time
livres in
put
immense
series
a
quantity
of edicts
March,
small
to
livres
secure
value
of
issued
of
the
former
fluctuated.
People
wealth
into
gold and
demand
for
the
the
at
for
to
were
the
plate having been
precious metals
in
others
a
short
the
from
ruinous, a
and
February
specie
efforts
were
stricted
re-
gold and
were
made
specie, by declaring
plate without
from
louis
France.
livres in
prohibited from
one
in
be
in
invariable, while
also
silver
100
nearly
of
bank, which,
time
over
paper
be
of
out
payments
same
Mr,
by
and
"
regent
(not exceeding
sums
preference
a
sent
the
by
whom
imitated
fear
to
disappeared.
circulation,would
edicts
these
while
silver),
in
in
bank
thousands
were
were
upon
run
notes
were
By
1720.
this
to
stop
specie
then
of
than
contagious
more
500,000,000
hundreds
examples
the
to
three
bank, remitted
the
foreign countries, and
These
nothing is
To
in
cashier
bank
that
notes
Prussian,
a
quantity
the
from
money
Laurien,
jobbers remitted
stock
for
de
shares
country.
a
to
of
mass
the
carry
a
to
Various
to
a
the
refitsed
petitioned, sent
enormous
to
of
out
being
at
he
Vernesobre
40,000,000
"
so
required
were
wagons
secretly
Contl, offended
of fresh
their
convert
precious commodities, which
sent
or
things
of
state
a
sell out, and
other
up,
possessed
of persons
prosperous
so
to
gg
foreseeing disaster, or haunted
either
"
SAILINGS.
Numbers
discernible.
tliey either
Prince
WITH
DO
suspicion
vague
a
could
be
to
in the
of stock
TO
of the
a
that
of
to
the
latter
converting their
royal license,the
principal means
circulation.
the
10
The
of withdrawing
exertions
...Coo
HOW
g6
thus
made
for
were
passing
notes
hastened
to
TO
at
current
preference
for
found
many
that
the
minds
metals
over
of
cautiously disposing of
the
crash.
character
In
the
in
its
The
could
restore
not
it
accept
been
had
a
of
use
bubble, and
by his
of
and
who
had
been
him
accused
had
the
been
with
most
questionable measures,
whose
had
prohibited
and
paper,
envious
him
solicitations
men
of
from
in the
ruin
Law's
honor
friend
him.
the
The
and
adopted
against
and
in
some
all
crown
had
who
their
of
presence
his intimate
turned
To
and
showing
France.
had
scheme
France,
of
Law
would
nobody
regent, and
of
his
this
Complaints
burst.
now
and
but
;
to
been
dismay
universally that
restrained
ance
with
against Law, the
plotting the
hitherto
in addition.
fine
nation, which
been
had
influential
been
having
of
originating the project.
attacked
of
a
struck
was
felt
everywhere
now
the
"
in Law's
in
of
penalty
fact, that it is impossible
in
that it had
him
success,
who
specie
was
the
payment
fortune,
hated
but
the
process
concerned
been
coin, under
confidence
arose
along
even,
good
misery, many
Law's
and
the
willingly. It
execrations
all
of
suddenly,
so
"
of
steps
despair.
who
livres
arbitrary
in his possession
have
to
person
any
was
specie altogether
of
use
it
gold and
up
stringent and
the
forbidding
one
;
natural
a
anticipation of
in
paper
more
a
paper.
accordingly
; and
their
of
forbidding
500
instant
an
glorying
liad
edicts
confiscated, and
sum
trace
another
than
more
the
issued
were
in payment,
Fresh
specie,
time
a
secretly hoarding
in
busy
such
at
men
paper
silver,and
coming
seeing
above
cent,
per
10
numbers
specie in their possession into
the
were
LIVING.
effectual ; and
or
5
all the
convert
A
time
some
is,however, jn
Thete
MAKE
tation,
repu-
ill-will
regent
regent
comphof
his
W/IA
AH
In
efforts
to
of
made
in paper,
May,
1730,
while
the
of
the
advised
the
former,
May
by
notes
a
note
so
on.
"
and
5000,
always equal
made
and
the
ayih
the
life
was
day
same
prevent
of
bank
was
were
giving
him
danger
a
;
the
detachment
he
value, but
given fineness.
of
might
this
of
notes
were
starved
have
pocket.
Paris
specie
office
in
mobbings
occupied
were
bursting
regent
to
in
his
from
riotings and
from
bank
faithfully
was
Bank
dismissed
of
only
original
the
stopped payment
insurrection
in
in
ent
pres-
the
of
it
the
for
current
of
worse.
in his
the
of
promulgation
person
quarters
times
several
necessity
Law
There
an
a
money
the
the various
streets, and
to
; and
paper
May
of finance.
minister
troops
of
times
were
on
value
value
specie
before, the
Law
people
the
fluctuate
of
the
paper.
; and
which
to
paper
exactly half its
the
at
double
the
violation
a
never
thousand
paper
be
of
quantity
disliked
of
which
in
livres,
the
to
the
passing
according
should
given
a
livres
livres
remembered,
been
waste
as
100,000
on
a
of
be
estimated
was
overruled
was
reduction
bank,
matters
regarded
On
to
had
If paper
with
This
; and
either
value
tillit should
10,000
place
equalize
;
to
to
2,600,000,000
To
thing
a
in vain.
were
payments
taken
published reducing
tiie notes
that
promised
the
advice
process
of Law's
constitution
halve
was
be
panic
kingdom
plans
two
gy
all
to
much.
as
his
for
it will
was,
edict
edict
an
gradual
a
value
but
;
the
had
notes
in the
being
as
VINGS.
ordering
of
were
to
of
amounted,
half
specie, or
quite accustomed
paper
decree
issued
there
SA
progress
issue
only
or
specie
of
WITH
quantity of specie
the
2ist
the
notes
1,300,000,000,
value
DO
the
fresh
a
the
TO
arrest
consequence
with
T
was
guard
as
the
by
Law's
out.
under
his
;
the
person,
...Co
IfOTV
gS
as
he drove
house, he
own
in
1718
of
ist
the
an
money,
of
the
anything
exchange
adopted
invitation
would
As
the
notes
notes
the
old
new
ones
as
them.
4,000,000
; and
if
been
the eagerness
was
obliged
the
people had
in
prevailed
this
fresh
of
responded
to
;
get rid
but,
of
got
in
measures
ual
perpet-
created
were
way
cured
pro-
fast
so
annuities, 2,000,000,000
in
cash
to
they had
of 30,000,000
life annuities
under
they had
that
expected,
or
toiling along
seen
come
of
retired
that
five
was
not
Upwards
the
purchased
have
did
notes
in which
trampled
glad, however,
"
to
ing
build-
the
to
which
money,
the
bank
and
be
might
for
the
to
avenues
bank
the
publicly
little upward.
a
rushed
death
to
copper
and
day passed
a
persons
of
for
and
and
hardly
issue
new
reopened
livres
10
bearing
be
to
was
specie,the
for
; and
bank
Paris
of
scarce,
to attract
annuities
of
crushed
loads
for
notes
and
becoming
all.
the
of
place, on
this
were
of
mass
took
which
notes
June,
immense
city of Paris, and
the
the
on
arnassing
the
notes
withdrawing
notes
not
exchange
by
"
the
bank
The
population
in copper
at
of
of
pa,ssed
was
forbidding
absorbing
Ministry
projects,was
Law's
tb
in his
safe
the
from
decree
a
25,000,000
of
up,
immense
in
cent.
notes
were
Silver
in
notes
opposition
revenues
their small
persons
the notes
of
loth
blocked
were
issue
means
the
all
assist
per
small
almost
exchange
were
2%
the
On
to
the
of
be
payment
with
his
decree
to
foot.
dismissed
the
burned.
six
been
had
June, repealing
interest
As
Palais-Roya!.
advice
order
length, not
at
in the
his
In
LIVING.
; and
streets
of
; and
security of
was
A
by
specie.
paper
MAKE
refuge
account
on
recalled
now
took
the
'Aguesseau, who
D
an
through
TO
chasable
purto
the
of
the
standing
notwith-
the
notes,
^!0W
lOO
There
of
other
are
these
whole
al! around
of
Many
by
deceived
the
they rested.
have
ten
spent
of
true
of
seeming
soundness
of
the end
But
the
future
communities
is the limit of
that, for
be
may
attempt
the commercial
"
world
as
belief
business
system
1873 induced
easy
just now
gold
bonds
finished,are
to
thousands
of
heard
the
beast."
save
But
it
was
run,
miles
scream
tliere
few
a
unbuilt
or
a
as
a
years
of
are
ago,
sell the
to
it is not
"
partiallybuilt railroads
Congressman
put
and
bonds
the
still
howl
on
so
seven-thirty
which, when
it, " through
wilderness, where
the savage
bubble
once
back
hypothecation.
salutarycaution, and
trackless
of
of
porations
cor-
deceived
quadruple
panic
of
sometimes
tripleor
The
"
great
security somewhere
or
in
known
process
yet when
are
fact
sometimes
is ultimate
of the double
as
men
earning
commercial
of
individuals
and
flying,"
of
as
ties,
of communi-
case
devices
by the
last
It is
there
that
of
end
same
kite
in the
how
the
lies in the
danger
various
knows
man
flykites,even
into the
the
by
accomplish the
to
the
limit
which
people
deficit.
the
been
on
during
the
good
expenditure,
concealed
business
Every
make
expenditure, and
safe
made
past.
brought
American
individuals,that
of
as
The
yet.
our
had
reasoning
a
exist
years
who
people
they have
must
time, excessive
a
not
than
money
and
is
as
upon
their fall
and
the
not
pressed
dozen
a
1873,
thousands
more
years,
of
panic
many
to
it, if
many
companies
been
for
in
and
error,
Bubble
undertakings
fell in the
distress
sore
Law's
enterpriseshave
sound
them
LIVING.
individuals.
as
Bubble
as
A
constantly falling into
least
at
MAKE
failinginto
are
we
us.
attention
of
ways
ways
people
TO
naught
is
of
the wild
the
market.
...CjOOgl
ITHAT
There
hence
him
Let
as
market
interest,or
really sound
because
and
safe
in
with
arrangements,
can
be
never
price
for
the
the
because
Bankers
the
their
call
Is
that
invest.
to
women
safety is,in
absolute
a
to
and
going corporations.
small
safe.
jn the
which,
interest
There
purchase
to
of
people
not
are
punctually
is not
such
the
market
does
more
the
of
advise
always
of widows
for
there
single
or
people
be
can
their
for
who
the
have
better
no
securities," namely, government
"
some
always
and
so
"women's
compensation
Now
economy,
stock
These
than
bankers
full
a
bear.
they
the
ers
purchas-
one.
money
put it into "women's
bonds
a
cases,
by close
little money
than
course
such
that
;
eminently safe securities,and
are
interest
the
of
smallness
saved
They
than
here, there
investments
cautious
purchase by people having the
their
less
commercial
pays
good
of
class
directly
for
do
to
more
whoever
a
for
temporary
paying
not
than
compensation for poor
a
nothing
and
offers
as
cases,
more
either
begging
go
all
borrowers
safe
very
for
money,
reason
not
have
we
certain
a
the
of
reason
security he
do
no
bonds
not
are
in
same
more,
pay
paid only
case
which
of
use
securities,"for
pay
is
other
any
they
securities
interest
security. Except
the
money
investments.
is worth
who
of
sums
choosing
principle is
borrowers
; that
so
high
; that
in
ors,
large invest-
and
moderate
or
indirectlyby selling
face, do
their
small
differ j that money
may
iqi
for small
caution
that the
rate
SAVINGS.
enough
much
too
details
WITH
of
owner
remember
however
the
the
exercise
cannot
DO
still temptations
are
and
TO
well-managed, steadyworth
their
surely ; and
smallest
securities,but
chance
there
they
of
is
cost
are
;
they
fectly
per-
speculation
perfect safety,
stock-jobbers,is greatlybetter.
HOW
third
shall
put
we
money
or
where
?
The
weak
better,in such
readily get
in
them
so
to
you
in
other
some
in
in
investor
the
leave
free at any
greatly
cannot
you
circumstances
within
money
things being equal, those
other
be
Invest
reach,
of easy
out
kind, however,
one's
keeping
fortifyyour
mduce
may
laid away.
have
this
of
cases
cles
obsta-
many
it will
put them
of
pressure
you
as
spending them.
of
way
stances
circum-
yourself to
savings where
put your
for the purpose
spend the money
advantages
there
time
control, and,
easy
investments
best
are
which
into
recall his money
to
many
are
his
hands.
But
it is
this power
to
spend
not
It
guard
; and
their mission
of
so,
is not
to
much
againstthe
can
which
he
one
every
seems
is
likelyto
whose
the
to me,
better,if they
withdrawal
of
himself
safely trust
to
morrow's
the
with
need
is sufficient
desiie
to
would
fulfd
uniformly enforce
their
savings
would
feel
self-mastery
day's savings against
it
as
who
one
every
money
over
constantly.
rule
to
the
; to
; and
power
involve
unnecessarily
place
to
into
and
know
in this matter
way
in your
temporary
no
Except
own
them
at
upon
If you
yourself
own
your
case,
a
depend
likelyto spend money
it to
means
land, or
that
and
owe
by every
purpose
this will
it
reconvert
require time
will
ings
sav-
convertibility. Shall
readily
can
how
determining
of
of the investor.
purpose
possible in
as
we
to
answer
impulse, you
upon
in
reconversion
character
of
CONVERTIBILITY.
question
where
such
LIVING.
considered
is the
money
and
be
to
invested
be
our
trouble
be
point
A
OF
QcrEiT/OJV
T
The
MAKE
TO
deposits on
banks
demand.
People
THE
who
need
induce
the
them
These
to
the
the
of
interest.
likely to
save
for
subject
of
to
of
It is
one's
that
If
Th^
moral
way,
and
to
is
own
the
a
that
there
can
home
question
not
of
earn
subject
a
family, namely,
of
is
there
to
of
cost
amount
the
be
should
is
no
of
doubt
that every
do
so.
But
can
always -easilyanswered
owning
is true, too,
owning, though
we
apt
are
owning
perhaps,
ance.
import-
in
It
even
man
you
even
is
expense
not
in
rent
who
afford
when
of
in
great.
very
a
the
ine.
imag-
to
than
little less
more,
umns
col-
question
a
comfort
than
very
very
the
vital
of
one
it.
than
not
into
deciding
great
own
of
house, taxes, the
a
to
economy
deal
the
on
especiallyimportant
in
means,
day
every
its way
it is
expensive
more
effect is worth
his
and
respect, is smaller
on
so
tJiem
good
A
really able
repairs,insurance, etc.,
cases,
making
the
KENT!
illusions
that
is
one
this
Interest
govern
talked
home.
limited
of
renting is rather
difference,in
most
OR
weekly newspapers,
"
should
man
concerning it,finds
certainlytrue
home,
every
nonsense
one's
people
to
to
ments
possible induce-
consideration
BUY
guard against sentimental
which,
of
WE
deal
sentiment
o" the
institutions
home,
a
owning
wholesome
the
attention
good
a
of
purpose
to
SHALL
is
the
now
the
of
purchase
all
general principles which
pass
engage
these
by
need
to
apt
are
103
savings.
savings
We
There
offered
money,
their
are
investment
CONVERTIBILITY.
encouragements
keep
to
OF
QUESTION
pecuniary
afford
can
it ?
the
This
pur-
...Coo
now
104
money
before
purchasing,
able
one
is
the first
afford
to
absolute
to
and
In
ownership.
His
house
take
A
of
risk of such
the
from
money
the
in
invest
to
seriously
embarrasses
down
matter,
afford
and
even
if
a
to
buy
a
rule
home
that it is in the
business
to
for
the
the
with
last
be
the withdrawal
of
buying
of
the
which
are
else
It is
for
necessary
home
a
oftentimes
have
impossible
degree dangerous
need
to
you
in your
attempt
to
in this
guidance
generally followed.
you
the
simply
might
that
a
older
it is
and
is
to
residence.
ownership of
reader's
principle,which
money
afford
can
which
man,
complete
in-
an
entail
command,
which
its head.
likely to
were
to
The
business
prosperity
rule
funds
while
must
purpose
can
of
incident
only
home
their
in
must
risk
great many
they
the
a
many
general
any
call attention
only
a
business.
utterly profitless a
brought permanent
lay
and
residence
a
of one's
prosperity
makes
the
who
own
the
capital than
more
which'
it affords
those
to
for
men,
in
disaster
prosecution of their business, wherefore
successful
to
business
all young
Nearly
suicidal
of
of his
only
afford
can
is not
home
a
can
this
destroyed by fire,and
measure,
and
him,
of
any
debt,
wrought
owner
destruction
loss
one's
sorely need
ones,
has
important consideration, however, is
more
house.
some
of
instances
portion
be
may
that
; but
so
many
some
in
loss upon
are
place, the
The
protection.
considerable
while,
is worth
it free
do
to
ownership
himself
protects him
insurance
it
enough
own
ought
there
first
the
upon
and
evident
seem
and
debt-free
take
necessity
LIVING.
home, and
a
and
case,
affairs.
men's
for
cash
necessarilythe
even
it would
live in his house
to
A
weigh well the facts.
to
glance
pay
MAKE
already in possession,
chase
At
TO
I
can
cannot
business,
it.
...CjOOg
WHAT
Still
houses
credit
this is the
and
and
easiest
in many
wisest
that
tendency
to
stand
cases
fails in the
in other
But
sort, such
purchase
producing
or
in
or
been
This
any
to
has
he
paid,
and
in
succeeds
these
on
buying
had
irresistible.
be
allowed
who
cannot
he
as
makes
is
no
for
he
If
terms.
off
worse
his
spent
paying
member
of the
other
of
the
the
money
house
of
extra
policy
such
which
loss
member
is
of life insurance
the death
dangers.
some
he
is most
the
death
The
the
income
loss of
In
of the
that
case
an
the
in
all that
insupportable.
concerned, by
for
this
the final payments
stops
cause
of
guarded against, so far, at least,as
unpaid purchase nioncy.
production by
inducement
an
family, before
part, may
be
producing
with
occurrence
considerable
danger may
without
save
is attended
paid, just when
death
an
people able
a
made,
has
if he
while
;
he
what
from
house
fast
ing
check-
bought it,practically for nothing.
to
whole
loses
refrained
had
ways
will have
are
end, and
a.
be
man
as
and
and
should
The
very
exertion
save,
prudence
the
necessity of
to
might
doubt,
no
is
the
to
purchaser.
buying
risk in
be
can
as
otherwise
of
That
purchase
a
resolution
which
the
of
way
real
no
if he
weak
instalments.
stimulus
sharp
a
buying
there
disposition to spend his money
his
it,takes
of the
as
practice of
by
inasmuch
done,
acts
them
of such
considerations
no
in the
control
than
be
spend
common
for
making
can
to
the
SAVhVGS.
purchasing
strengthening a
economy,
such
of
the
meeting payments
In
is
WITH
paying
way
cases
thing
a
DO
dangerous
more
on
TO
amount
failure
the
taking
equal
of
to
the
out
the
anticipated
producer, is offset by the
matur-
...Coog
^^OW
I06
liie insurance
ing
of
the
payments
the
family, may
a
made
of
them
the would-be
owner
of
in
some
For
these
this side of the
house
who
are
lives
otherwise
of the
in
his
is exempt
incendve
knowing
to
is
cost, from
improve
to
that he
another's
family is by
from
is
means
circles that the
one's
credit and
need
to
The
of
to
beautify
and
moral
ownership
of
danger
even
when
improves his
to
and
so
a
his
put
them.
to
that he
such
it best
of
for
to
present
one's
all.
at
is
rences.
occur-
owning
One
than
he
could
and
free
from
the
of
payment
frequently removing
another.
He
ornament
value
effect
fact
of
and
general rule,he
landlords
periods
house
small, a
a
settled
necessity
one
as
stating
better
adding beauty
property.
no
and
the
ferred
trans-
the
is apt
advantages
stated
at
ance
insur-
so
importance
thought
independent
of
failure
to
liability
have
is
house
own
He
considerable
be
persuade himself
common
hardly
as
head
life
a
for, and
danger
The
first.
matter
apparent
He
rent.
at
I
reasons
losing
BUYING.
little
men,
the
necessity of providing
the
to
it should
them, he
attaching
from
so
be.
of the
overlooked, and
sees
of most
manner
exempt
way
that
risk of
danger,
a
often
house
a
idle ones,
the
family
OF
very
Or, admitting the existence
after
the
ADVANTAGES
are
may,
from
remain
must
dangers
as
the
of the death
easily provided
so
These
aside
words,
Prolonged sickness, business
THE
fears
other
prudence dictates
not
are
fallingupon
In
policy.
case.
mishaps
LIVING.
A
transferred
and
in every
MAKE
in consequence
be
company,
other
TO
has
his
every
home,
to
his own,
and
upon
himself
and
well
home
commercial
recognised
in
not
his
ness
busi-
positivelystrengthens
standing,
^OW
I08
sell,you
licher
are
in market
HOW
in
retain
value
it
of
always,
and
where
into
land
be
after
you
than
you
need,
for
when
you
In
the
has
city
in
all
or
Let
this way,
cheap,
may
be
or
covered
cost
He
near
bought
the
monthly
B
greatly in
two
unnecessary
part
where
available
exercise
secured
of
any
room
sure
to
some
hand-
a
overflow
the
spot for
have
men
at
at
a
house
is nearly
time
a
York,
New
MA!7'S
was
of
excess
acres
of
city,agreeing
instalments
Your
ground
more
you
part of
some
divided
be
of
use
than
scores
of
homes
at
good judgment
in
tell
me
illustration.
not
the
the
the
is in
be
remains
land
more
may
years,
by
house
the
usually
land
be
price, may
easily enough.
every
all
at
in
buy
to
dozen
vicinityof
O.VE
was
the
a
it
as
done
sell off
the
only
feeling of
bought should
once
to
moral
The
this
upon
while
enjoyed
ten
selling.
money
have
is
home
properly hopes
of
advance
directions, many
no
creased
in-
IMVESTME/fT.
the
to
actual
have
may
prolit.
little cost
an
YOUR
necessity
placed that
so
and
as
OF
possible, the
if
outskirts,this
miles
the
buying,you
In
property has
your
naturallyand
one
without
time,
from
house
a
turned
untouched.
come
as
PROFIT
profitincident
the
and
should
much
so
THE
; and
But
town's
LIVING.
ownership is largely dependent
secured
want,
A
value.
buying
permanence
kept.
MAKE
by just
SECURE
TO
But
TO
of
to
a
his
ground
pay
STORY
merchant's
clerk,whose
absolutely
necessary
in
one
of the New
eight hundred
income
expenses.
Jersey
dollars
for
twenty dollars each, with Interest
at
towns
it,in
seven
WHAT
could
never
plan
building
A
percent.
for
pay
make
to
succeeded
TO
for
paying
later, to
nearly
thousand
two
had
part of it yet, however, but
four
thousand
him
as
land
he
was
worth
about
and
thousand
moved
his
sold all the land
himself
house
the
and
four
he
something
any
be
and
made
never
to pay
in any
case
about
a
could
have
cases
have
prosperous
for the
be
thus
which
it is well worth
his
while
a
with
security
borrowed
Three
to
years
house
run,
stood
and
found
besides
money,
For
this he
good
bad
of
out
a
his
ment
manage-
by direct effort.
around
the
metropolis,
neighborhood
additional
least be
bear
a
garden.
bit of
in the
to
The
what,
some-
dollars, saved
at
given
expenses
debt,
dollars.
city. If the
house, it may
with
his
of
sum
occurred
be
house.
nearly two
accomplished
done
sell any
to
good
course
dollars,paid
thousand
worth
was
to
his
own
accomplished by
like this may
growing,
lot upon
six thousand
or
thus
of similar
Scores
and
had
still
comfortable
a
five
actuallypaid only
what
the
hundred
of
owner
He
of
his house
had
mortgage
a
wall.
dollars,and
of
was
cultivatinghis
except
lot worth
earnings.
built
managed,
money
thousand
it,it
He
and
rent
for five thousand
the
building
tivo
having
foundation
in, thereby lessening his
later,while
years
the
on
the loan.
by saving
he
worth
four
than
more
money,
it in
he
difficultyin borrowing
no
mortgage,
upon
need
should
alone
house
for
dollars
had
his
was
years,
unwilling
was
he
economy
He
his
that
it
value, and
in
He
he
two
build
enhanced
and
close
By
could.
and
dollars.
lie knew
earnings,
about
he
cellar
his
land
his
in
land
the
jog
but
wanted,
of his
out
whenever
dig
Meanwhile
all he
was
house
anticipated payments
little
SAVINGS.
by his investment,
house
a
in
a
lot
WITH
DO
the
land
made
most
of al-
cannot
to
help,
in
possibility
HOW
no
mind
a
lot
free
in
as
buying.
sell
If you
so.
it,if it be
occasion
to
way
of
your
never
reason
If you
buy
in any
have
town
have
of the
a
way
extra
not
have
ever
to
to
Build
benefit
sell you
greater market
do
value
the
or
you
where
two
at
of your
least
will
be
to
do
be
next
you
the
to
have
never
property, and
your
will
or
trouble
buy
or
lot
large
as
occasion
If you
so.
embarrass
ground.
is likeliest
occasion
shall
practicable to
sell,it will
the
place it that
so
already built,buy
house
it upon
house, build
and
can,
LIVING.
A
part of it if you
some
to
MAKE
build your
conveniently
you
to
TO
in
any
growtli
if you
richer
by
homestead.
...Coog
LIFE
INSURANCE.
\x\
VII.
CHAPTER
INSURANCE.
LIFE
THE
has
There
respect
been
chapter entirely,if
necessity,in
I
to
married
every
the
interest
in
large
extent
an
large
as
sum
expensive
rather
the
reason
man
every
a
"
to
to
possible;
the
even
the
if it
and
effect of his arguments,
Without
provide,by
so
the
hearers
a
way
to
forms
the
in
the
of
of
case
lawyers say,
however
the
excellent
to
The
of
business,
insure
is not
the
for
the
each
as
more
this
always
worthy,
trust-
fact
that
be
he
that
he
greatlyweakens
they may
is
the
in fact.
question it is the duty of well-nigh everybody
life insurance
to
For
"
"
as
amount
advocate,
an
to
possible.
policies.
main,
the
pecuniary
insure
interest,his
to
The
by canvassing
as
each
present
forth, and
direct
a
a
ation
consider-
means.
man
or
of
subject in the relation
party in interest,"as
limited
commend
cheaper
is still
there
subject, which
persuade
to
to
unbiassed
an
have
it is his
; to
were
this
regulated solely by
hence
insure
than
who
readers
agent's presentation
and
stands
is
omit
that
every
expensive
as
premium paid, and
induce
a
in
compensation
solicitor's
the
their
with
articles put
to
people
of late years
tempted
of
man
newspaper
of
persuading
and
be
the
on
delivered
work
written
of this sort, for
orations
are
and
convinced
not
pamphlets, circulars,and
button-hole
CHAPTER.
I should
practical questions
themselves
agents,
said
were
treatise
a
of the
much
so
insurance, that
life
to
THE
OF
PURPOSE
methods, againstcontingencies;
to
but
"'^''OiV
112
it is
in
course
at the
point
out
danger
by
are
half
for
the
of
investment,
to
creation
of
It is
no
than
it
the
of
at
while
returns
into
mistakes
least
In
out
fact
the
and
to
convert
productive
others
a
for
none
of
methods.
for
the
money
things.
than
more
to
promises
delusion
these
no
undertakes
the
who
device
preposterous
create
none.
nothing
more
it
Moreover,
especiallyprofitableinvestment,
it maltes
a
easily guessed
very
nothing, or
it
of
astonishingly large
gives
literally
wealth, and
doubt
shape of
incredulous
it is
so
the hands
figures as
not
are
been
to
marvellously
a
of
In
know
to
has
assumes
accomplish by plain business
an
in
point of
this time
it.
alchemy
necromancer,
is not
the
in
endeavor,
all,reason
into
money
there
company
no
the reader
there
with
conjure
to
persons.
financial
life insurance
ng
so
something
It creates
can
which
rejectit altogether as
life insurance
briefly,
matter
reader's
can,
It
IffSURANCE!
it
solicitor,
seems
inclined
receives.
dangerous.
shall
everybody ought by
of financial
it
unsuspecting
The
I
as
LIFE
sums
sort
some
o"
well
IS
enthusiastic
many
system
the
other
failing.
of
genius, able
To
at.
subject from
thing is, about
ridiculously small
ones
I
people reallydo understand
and
beneficent
matter.
written, but there is,after
and
most
skilled
a
the
the
as
that
seem
certainlywhat
whether
often
govern
is in
said
and
agents and
should
principleswhich
WHAT
much
bad
of
the
to
It would
advice
the
doing this,to look
he
the
examine
determining his
which
that
LIVING.
while, therefore,to
ascertain
; and
A
is sometimes
persons,
worth
seems
view
MAKE
equallyunquestionable
interested
and
TO
reckon-
it receives.
The
LIFE
premiums paid
lifetime
average
could
one
be
people
which
Placed
at
is
his age
of
no
should
as
which
how
would
family five
lives
in the
put
may
charged
and
lives
fund
will
that
he
his
effort
long
as
the
not
live
and
he
against this
leave
had
chance
support
He
as
wife
of
men
purposed
and
this
and
his age
and
But
in
that
dependent
making
only
do
that
on
So
upon
for
at
an
there
he
him
them.
do
to
of
amount
all
long
its
a
the
the
chance
must
fail in
without
Now
it ?
interest,
average,
is
his
purposes
is he
event
if
family, he
this he
the
cumulate
ac-
instance, to
for
How
year,
he
take
children, but
resource,
amount.
long,
those
and
to
must
death.
his
at
out
his
policy,reinvesting
desired
so
wishes,
if
time, and
any
of
of money.
sum
life
a
exceed
may
provision
on
a
at
the
interest, every
at
away,
premium
if he
of
shape
He
come
his
other
some
forthcoming.
sum
dollars
for
live,and
to
set
risk.
thousand
have
the
may
for
a
provide
can
they must
provide
He
he
be
not
such
insurance
life
he
time,
average
take
to
the
is
he
long
death, which
own
reinvested, they
y
know
the
insures.
he
death.
at
SHOULD
can
afford
death
to
return
to
his
as
premiums
where
amount
property is insufficient
he
does
the
words, if
put his annual
he
faces
period during
the
man
his
known
average
live,he could
than
period
than
more
risk ofhis
leave
the
other
annually
die before
cannot
the
the
during
In
interest
in this way
his
interest
at
insured.
during
than
more
the
WHY
But
kept
simply
advantage
undertakes
company
make
interest, and
yield
would
life
which
better
to
the
if
persons
of
sure
.II3
would
average,
of the
"expectation,"
out
an
policies they represent,
the
of
on
INSURANCE.
the
it
ordinary life insurance
is
HOSV
Ill
is intended
one
any
provide.
to
will
man
life of
insurance
Wliile
it is
know
of
men
take
companies
have
may
the
amount
but
to
four
order
in
annually
the
and
each.
It
the
in
than
larger premium
lapsing of
those
all
in
must
average
from
the
all the
company
diminish
the
community's
a
calculation
business
exceed
or
much
four
and
large
more
half
a
; it is
more
mature
and
become
number
premiums
made
premium
is
expected
of it.
cent., while
per
assumed
a
of them
have
all
that
charge
are
been
greater than
on
people,
will
the
earn
in fact
the
abandoned
paid
upon
it need
who
be
to
of the
gready
; and
than
more
half
earns
while
the
that
issued
as
will
in truth
altogether
them
the
exclude
to
no
it
is
insurance,
also
policies
company,
Tlie
there
average
; it is assumed
hands
the
place, that
the
to
security to
life
first
or
able
requires.
of
in the
this,
somewhat
safeguards
sickly,unsound
placed in the company's
money
each
for
additional
all these
average
time
it will be
rate
community, although every precaution is taken
whole
away
four
exacts
not
put
assumes
Further, it
will
insured
life
upon
more
assumed,
the
knowledge
get
the
average
be, and
always
can
long
perfect safety,guaranty
interest
with
It is
life of those
average
very
at
this
policies,
gives
many
risk
no
of
this safe
even
conducted.
properly
it
remain, and
which
absolutely
four
good
a
the
as
the
all its calculations
premiums.
as
each
how
say
of this certain
with
may
bases
cent,
per
v^ill
age
sums
end
it
point of fact
it
paid
the
to
certainly what
possible chances, it
all
against
one-half
get, while
money
sum,
impossible
advantage
at
desired
to
guard
that
L/V/NG.
given
any
by clubbing together
and
or
A
live,we
thousand
a
MAKE
TO
after
a
one
lastly,every
produce the
sura
...CjOOg
1,6
thing
others
of
must
the
right
is
for
no
who
man
comfortable
family
certain
has
be, but
each
thousand
men
port
sup-
in the
which
of
event
considerable
a
for
hope
-to
reason
thousand,
first
or
themselves
clients,
also
one
say
of
the
life
of
If,
i
given
in
in
iny
two
has
of
age
five
die
individual
hundred.
do
show
to
this properly,
regard
it
given
is
of
found
the
are
in
such
a
of
then
five
and
death
that
year,
as
not
is
age
chance
within
case,
the
to
taught actuaries
man's
Now
vantages
disad-
is determined.
any
one
example,
for
with
premiums
is
and
and
use,
To
wrong
therefore,
advantages
word
a
men
precistlj what
year
of
to
the
purpose,
choice.
as
frequently
urge
policiesin
of
to
life insurance
to
I
least
at
more
chiefly because
to
attending
far
so
are
ways
of statistics
average
of
ways
end, and
erroneous
the amount
death,
of
this
onts,
in
e'^amination
the
wrong
the
explam, briefly,
necessary
what
and
principal kinds
the
carefu]
chances
he
their
upon
to
section,
by which
during
which
profitible
it
policies
it
only
and
rightways
dangers attending
A
that
case,
his
actual
extends, the wrong
find
of
mode
for
providing
accomplishing
thin
solicitors
the
of
they greatly
right,to neglect the opportunity
a
making
are
obier%ation
this
has
so
and
followed
in
which
economy
exertions
his
upon
affords
there
duty
sort
LIVING.
lifetime's work.
But
my
A
to
least,of the results
at
his
this
incentive
aiford, or
death, and
from
MAKE
enough, however, in any
life insurance
share,
an
dependent
can
his
TO
create
may
It is clear
has
now
to
case
a
the
one
the
LIFE
actual
net
people
for
dollars
of
its
interest
the
usually
this
with
of
must
admitted
hence
a
the
to
and,
of
death
of
every
In
these
and
than
to
secures
policies which
simplest
average
form
annual
last
the matter
difficultyof
of
the
is
shall
of
be
in
use
trating
illus-
determine,
each
given age,
life of
each
factors
of
year
of
last,in
lieu
tion,
propor-
this
average
and
years,
the
of
burdensome
and
age,
average
as
upon
But
the
early
the
for
being
same
made, and
a
amount
series
annual
of
ments.
pay-
greatly simplified in practice,
lessened,
during
considerable
allowed
policy in
premiums
I
year's premium.
of
very
amount
etc.
any
precisely the
one
the
as
money
(allthe
is
is necessary
a
well
may
men
carrying insurance
itself
the
as
calculation
first to
at
account
much
is fixed
years,
from
year,
this way
collecting more
The
later
the
steadily increasing
those
in
actual
the
of
out
every
life expectancy
the
that
company
with
increase
must
of
how
first
the
the
statement
actuary
ascertained
these
thousand
every
convenience
insure
to
of
business, the
thousand
ten
increase
less than
the
the
accuracy,
calculation)is
greater than
and
is that
thus
sum
premium,
paid
a
earn,
of
sake
fund,
during
be
is
the
on
the
for
of
premium
to
for
will
guard against this,a
to
dollars
lives
perfect safety, etc.,
of
common
premium
the
sake
or
the
chances
the
the
certainty and
and
year,
the
course,
carrying
point, which
into
pay
one
in
thousand
a
five
premium
simply
form
absolute
one
be
the
for
the
insure
simplest elements, leaving
which
added
wj
to
This, of
incurred
expenses
it in
would
year
insurance,
in
problem
required
premium
one
INSURANCE.
are
to
common
to
the
early years,
margin
lapse
use
continue
while
of
before
is
one
profit
by
the
on
maturity.
on
which
throughout
the
I/OPV
llS
life of
tlie person
insured
is to
and
pure
become
been
Next
which
if he
"
ascertained
by
be
of
must
These
common
and
the
are
secured.
But
combined
been
large share
life
is,in reality,insurance
on
a
by
what
which
term
amount
shall
the
of
be
a
or
in
the
is to
age.
An
death,
or
is
practice
in
sought
have
a
very
of insurance
the
thing
some-
is done
to
either
paid annually
paid
if he
example
continue.
do
things
This
case.
they
years
else," and
of
maturity
be
that
cipally
prin-
policies; namely policies
be
to
specified age,
his
every
endowment
are
until
insurance
policy is issued, at
reaching that
for
premiums
of the
attain
paid
name
case
policies
other
the
or
payments
alone
in
something
plus
called
are
years
of
that
under
done
person
in this
life insurance
various
on
five,ten
"
premium
number
insurance, so
of the business
must
the
as
insurance
years
the
preciselylike
chances
of pure
late
of
with
else
life of
premiums
The
in which
only ones
possibly
premiums
of years,
smaller
a
kinds
only
the
use,
of
the
proportionallylarger while they
be
course
kind
this
period of expectancy
whole
the
in this case,
during
continued
is
spread
are
other
any
death,
at
long.
so
calculation
; but
already explained
to
a
live
case
policy of
whole
specific number
a
he
basis.
during
not
during
twenty, usually
are
the
a
than
the
policies payable
but
time,
which
is life insurance
in this
premiums
average
as
This
death.
of
for
amount
payment
the
continue
to
Insured,
are
annual
adopted
come
are
the
LIVING.
the
his
at
as
determining
has
A
possible length
smaller
a
In
can.
due
simple, and
demands
MAJCE
insured, and
the greatest
over
TO
to
those
shall
will
the
the
in
policy; and
the
when
he
behalf
the
insured
whose
happen
make
during
this
to
die
before
plainer,per-
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haps,
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general
any
a
illustration,
thousand
ten
The
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forms
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uthifh
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if
fifty,
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policiesof
named
in
secure,
any
person
and
unquestioned,
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at
dollars
otiier
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to
appear.
n
ly
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ry
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it is best
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fpdgf
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and
but in
use,
OBysCT
pmry
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die
thousand
the
to
upon
agrees
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ten
the
particularlyto young
presently
p
paid
taken.
policy was
one's
THE
Th
be
must
great majority of instances
recommended,
the
fifty,
for
fifty
depend
be, he
years.
beneficiary. At
the
is manifest
endowment
ten
of
age
will
it may
way
policy
the
at
or
premium
of
must
enough in which
cases
annual
age
and
policiesin
value
death
at
take, by
us
endowment
payment
annually during
once,
in
endowment
Let
can.
applicant, but whatever
reaching
due
Their
of the
amount
premium
becomes
annual
ten
i,g
statement
dollars,payable
years.
age
INSURANCE.
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th
1
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m
HOW
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plishing,by
other
of your
event
of
means
in any
as
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limited,
those
it is In
as
for whose
afford to
take
insurance
and
""
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it is
to
whatever.
But
so
things that
other
life insurance
able
may
be
endowment
compelled,
involved, to
insure
family requires,and
endowment
benefit
with
that
for
less
a
you
are
endowment
insuring,and
however
policyfor
In
the
is
case,
"
when
you
the full amount-
costly,
if you
doubt
no
hundred
a
you
kind
is
"
be
your
you
of
policy you
duty
you
your
an
for whose
the very
find it possible
which
to
rates
take
cannot
Even
serve.
be
not
first and
The
those
of
matter
may
deliberatelydefeating
designed to
cannot
higher premium
than
amount
of
purchase it.
this
insurance.
this
be
cases
and
are
manifestlywronging
life insurance
the case,
so
why
reasons
this is the
where
the
to
can
buy.
to
certain
as
else
right
and
fort
com-
policies involve
there
thing
of
the
written,you
Such
no
your
matter,
"
by taking
account
on
policy without
which
is not
several
are
the
insurance,
have
afford
cannot
principal difficultyis
the
tively
impera-
premiums
pay
something
costly house,
a
you
there
buy
to
is
"
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desirable
and
is
be
less
make
to
in
particularly
policy.
it, you
of
children
your
of life insurance
never
duty, in
abilityto
your
than
for
of
little volume
this
pay
first
in tlie
want
should
sufficient
and
cases,
sometimes
good
a
if
something else.
afford
cannot
Now
endowment
an
costly
more
is your
education
most
use
this end
amount
an
be.
can
family from
plish
accom-
primary object
the
course
It
objects.
afEairs
he cannot
in part, for the sake
or
for
LIVING.
the
secure
of
family and
your
human
To
whole
insurance
of
A
insurance, that which
matter
a
necessary
secure
MAKE
death, is,I say,
either in
sacrified,
to
life
way.
own
; and
TO
pose
pur-
this
when
to
desire
lake
to
an
leave
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INSURANCE.
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family,it may
your
lieavy premiums
of
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may
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physical respects.
or
purchase
insurance,
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upon
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hurtful
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short, you
ANOTHER
addition
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others
to
by taking
ordinary
when
endowment,
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presumption
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d
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strong
the
with
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for
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it does
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cost
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wh
d
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this country
d
tl
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badly
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ty
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of
man
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bl
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n
t
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of
reason
EXDOIVMENT
all for
is that
endowment
The
paid
smaller
a
If
life insurance
money
more
I
J h
strongest
selfish
instead
as
it.
for
pay
OByECTlON
one's
due, half
that
one,
f
those
to
yourself.
will
you
f t f "
CHIEF
profitable one.
fall
now
II fi d
t
t p
that
capacity,
must
m
a
policy
endowment
th
I
t
d
The
w
t
dd
a
to
OBJECTION.
it shall
you
able
for
altogether likely, if you
and
energy
justice
of working
possibility
an
it is
only insurance,
need
the
to
a
moral, mental,
endowment
it,an
compel
abundantly
with
able,
not
yet
in
be
may
business
to
as
children
of
payment
your
income
your
your
buy with
to
you,
to
and
The
so.
seriously embarrass
far
so
do
policy to
very
it may
operations, or
system
be
X2\
it
can
be
this way.
can
costs
so
POLICIES.
refusing
the
more
invested
You
buy it,and
the
than
an
chance
ment
endowis
investment
that
make
can
buy
to
not
a
It is worth.
it will
produce
endowment
of
at
premature
...Co
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123
death, which
any
death
the
get
you
insurance
hide
fact
for
it than
its
price
with
that
he
the
would
out
calculation, a
actually and
I
do
are
endowments,
of
cases
that which
is
side of
But
a
people likely to
safer
and
circumstances,
better
they shall
that
as
system, by
the
every
companies
are
to
pelled
com-
larly
particu-
in this Utile
interested
way
perament,
tem-
purchase
general rule, and
be
any
secure
pure
and
insurance.
simple life
WHA
KIND
T
endowments
putting
advisable
in
just,two
kinds
payable
safety
of
a
hither
the
on
whose
price which
the
for them.
charge
it is much
are
of
and
basis
as
endowment
the
it advisable
at
even
in the
These
fact remains
assume,
keep
to
persons
many
etc., make
work,
himself, by putting
the
to
to
more
pays
considerablybelow
condemn
wholly
There
to
companies
By
manage
that considerations
reason
easily secured, and
not
means.
it
create
of
event
insurance.
endowment
an
in
not
important margins.
other
some
the
companies
interest ; but
of interest
rate
of
should
for the
in
only
the
purchaser
all life insurance
compel
insurance, does
all,but
endowment
if he
always remain,
must
in life
at
compound
at
LIVING.
question, because
present
endowment
no
mingling
the
A
justifiesinvestments
affect
way
MAKE
TO
:
the
OF
POLICY
wholly
IS
BSSr.
of
out
view, then,
great majority of cases,
of
ordinary
first,a
life
policies
policy payable
annually during
death, with premiums
'Che difference between
life ;
at
remaining
choose
between.
death,
and, second,
a
is
one
o"
with
premiums
policy payable
payable annually during
these
not
have
we
to
as
a
term
at
of years.
premiums only.
In