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pay punctually and exactly to the t'me he promics, may at any tinie, and on any occasi on, raise all the money his friends can spare. This is sometimes of great use. After industry and frugality, nothing con tributes more to the raising of a young man in the world, than punctuality and justice in all his dealings: therefore never keep borrowed money an hour beyond the time you promised, lest a disappointinent shut up your friend's purse for ever.

The most trilling actions that affect a mau's cre dit are to be regarded. The sound of your hammer at five in the morning, or pine at night, heard by a creditor, makes hin easy six months longer ; but if he sees you at a billiard-table, or hears your voice at a tavern, when you should be at work, he sends for his money the next day; demands it before he can receive it in a lump."

It shows, besides, that you are mindful of what you owe; it makes you appear a careful as well as an honest man, and that still increases your credit.

Beware of thinking all your own that you possess, ar 1 or living accordingly. It is a mistake that inany pel ple who have credit fall into. To prevent this, keep an exact account, for some time, both of your expenses and your inco:ne. If you take the pains at first to mention particulars, it will have this good effect; you will discover how wonderfully smali tri fling expenses mount up to large sums, and will discern what might have been, and may for the future be saved, without occasioning any great inconve. nience.

In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words, industry and frugality; that is, wasto neither time nor money, but make the best use of both Without industry and frugality nothing will do, and with them every thing. He that gets all he cau honestly, and saves all he gets (necessary expences excepted), will certainly become rich if that Being who governs the world, to whom all should look for a blessing on their honest endeavours, doth not in his wise providence otherwise determine.




WRITT EN ANNO 1736. · The use of money is all the advantage there is in having money.

For six pounds a year you may have the use of one hundred pounds, provided you are a man of known orudence and honesty.

He that spends a groat a-day idly, spends idly above six pounds a-year, which is the price for the use of one hundred pounds. : He that wastes idly a great's worth of his time per day, one day with another, wastes the privilege of using one hundred pounds each year.

He that idly loses five shillings worth of time loses fre shillings, and might as prudently throw five shillings into the sea.

He that loses five shillings, not only loses that sum, but all the advantages that might be inade by turning it in dealing; which, by the time that a young man becomes old, will aniouut to a considerable sum of money.

Again; he that sells upon credit, asks a price for what he sells equivalent to the principal and interest of his inoney for the time he is to be kept out of it; therefore, he that buys upon credit, pays interest for what he buys; and he that pays ready money, might let that money out to use; so that he that possesses any thing he has bought, pays interest for the use of it.

Yet, in buying goods, it is best to pay ready money because, he that sells upon credit, expects to lose five per cent. by bad debts; therefore be charges, on al he sells upon credit, an advance that shall make up that deficiency.

Those who pay for what they buy upon credit, pay their share of this advance.

He that pays ready money, escapes, or may escajo Hiat charge.

A penny sav'd is twopence clear ;
A pin a day's a groat a year.



At this time, wncn the general complaint is thatp.oney is scarce," it will be an act of kindness to nt.rm the moneyless how they may reinforce their povsets. I will acquaint them with the true secret of money-catching--the certain way to fill empty purses and how to keep them always full. Two sinple rules, well observed, will do the business.

Frst, Let honesty and industry be thy constant companions; and,

Secondly, Spend one penr.y less than thy clear gains.

Then shail thy hide-bound pocket soon begin to thrive, and will never again cry with the empty belly. ach: neither will creditors insult thee, nor want oppress, no hunger bite, nor nakcdness freeze thee. The whole heinisphere will shine brigher, and pleasure spring up in every corner of thy heart. Now, therefore, embrace these rules and be happy. Banish the bleak winds of sorrow from thy mind, and live inde; vendent. Then shalt thou be a man, and not hide thy face at the approach of the rich, nor suffer the pain of feeling litile when the sons of fortune walk at thy right hand: for independency, whether with little or much, is good fortune, and placeth thee on even ground with the proudest of the golden

eece. Oh, then, be wise, and let industry walk with hee in the morning, and attend thee until thou eachest the evening hour for rest. Let honesty be

s the breath of thy soul, and never forget to have a peany, wiren all thy expenses are enumerated and paid : then shalt thou reach the point of happiness, and independence shall be thy shield and buckler, thy helmet and crown; then shall thy soul walk upright, nor stoop to the silkeu wretch hecause he hath richies, nor pocket an abuse because the hand which offers it wears a ring set with diamonds.

AN ECONOMICAL PROJECT, A translation of this Letter appeared in one of the daily papers of Paris about the year 1784. The following is the original piece, with some addi. tions and corrections made by the Author.

To the Authors of the Journal.


] You often entertain us with accounts of new disco in veries. Permit me to communicate to the public

through your paper, one that has lately been made

by myself, and which I conceive may be of great b utility.

I was the other evening in a grand company, where the new lamp of Messrs. Quinquet and Lange

was introduced, and auch admired for its splen- dour; but a general inquiry was marle, whether the

oil it consumer was not in proportion to the ligiit it

afforded, in which case there would be in saving in ! the use of it. No one present could satisiy us in that s point, which all agreed ought to be known, it being a

very desirable thing to lessen, if possible, the ex. pense of ligiiting our apartments, when every other article of family expense was so much augmenteri.

I was pleased io see this general conceru for economy, for I love economy exceedingly. 3 I went home, and to bed, three or four hours after * midnight, with my head full of the subject. An ac

cidental sudden noise waked ine about six in the morning, when I was surprised to find my room filled with light; and I inayined at first, that a number of those lamps had been brought into it: but, rubbmg

my eyes, I perceived the light ca:ne in at the win- dows. I got up and looked out to see what mighi be

tie occasion of it, when I saw the sun just rising above the horizon, from whence he poured his rays plentifully into my chamber, my domestic having negligently onnitted the preceding evening to close the sh'itters.

I looked at my watch, which goes very well, and found that it was about sis o'clock; and still think. ing it something extraordinary that the sun should resg euris, I looked into the almanack, where I boud it to the the hour given for bis rising on that

2. J oked forward too, and found he was to rise will eariier every day till towards the end of June; and that at no time in the year he retarded his rising so long as wil eighi o'clock. Your rez'lers, who with me hare serer seen any signs of sunshine befor coon, and seium regard the astronomical part o tse alınanack, will be as inuch astonished as I was, when they hear of his rising so early; and especiallr when I assured them, that he gives light as soon 13 he rises. I an convinced of this. I ain certain of my fact One cannot be more certain of any fact. I saw it with my olvn eyes. And having repeated this observation the three following mornings, I found always precisely the same result.

Yet it so happens, that when I speak of this disco very to other3, I can easily perceive by their coun tenances, though they forbzar expressing it in words, that they ilo not quite believe me. One, indeed, who is a learned natural philosopher, has assured me, that I must certainly be inistaken as to thecircumstance of the light coming into my room ; for it being well known, as he says, that there could be no light abroad at that hour, it follows that none could enter from without; and that of consequence, ny windows being acci. dentally left open, instead of letting in the iight, had only served to let out the darkness: and he used many ingenious arguments to show me how I might, by that means, have been deceived. I own that he puzaled me a little, but he did not satisfy me; and the subsequent observations I made, as above mention ed, confirmed me in my first opinion.

This event has given rise, in iny mind, to several serious and important reflections. I considered that if I had not been awakened so early in the morning, I should have slept six hours longer by the light of the sun, and in exchange have lived six hours the following night by candle-light; and the latter being a much more expensive light than the former, my

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