Abbildungen der Seite
PDF
EPUB

against their own kind, and civil wars produced at pleasure, till we are 80 weakened that neither liberty nor safety is any longer to lu found in the forest, and nothing remains but abject submission to the will of a despot, who may devour us as he pleases.'

The council had sense enough to resolve,-that the demand be rojected ”

ا اله الا

[ocr errors]

ADVICE TO A YOUNG TRADESMAN. Dr. Franklin spent a long life in doing good, not only as a public man, and in the uninterrupted pursuit of useful improvements, but by lending sound practical advice to society at large, as well as to all who sincerely desired his private counsel, circulating as widely as he could the results of his own instructive personal experience. We shall here further pause in order to introduce a specimen of his serviceableness in the way last mentioned; the stage of the biography to which the narrative has come affording a fitting opportunity for such an interlude. The paper particularly alluded to is headed " Advice to a Young Tradesman." 21:46 As you have desired it of me, I write the following hints, which have been of service to me, and may, is observed, be so to you:

“ Remember that time is money. He that can earn ten shillings a-day by his labour, and goes abroad, or sits idle one-half of that day, though he spends but sixpence during his diversion or idleness, ought not to reckon that the only expence : he has really spent, or rather thrown away, five shillings besides.

" Remember that credit is money. If a man lets his money lie in my hands after it is due, he gives me the interest, or so much as I can make of it during that time. This amounts to a considerable sum where a man has good and sure credit, and makes good use of it.

“ Remember that money is of a prolific generating nature. Money can beget money, and its offspring can beget more, and so on. Five shillings turned is six ; turned again it is seven and three pence; and so on till it becomes a hundred pounds. The more there is of it, the more it produces every turning, so that the profits rise quicker and quicker. He that kills a breeding sow, destroys all her offspring to the thousand generation. He that murders a crown, destroys all that it might have produced, even scores of pounds.

2-day. For this

9 unperceived), APOLOGUE: A COUNCIL

ant possession “ Lion, king of a certain forest, har

turned by an faithful dogs, in principle and affecti$, and government, and through who : ,

of another dominions, and had become the term "

tly to the Lion, however influenced by :

all the

fter inthe dogs, condemned them unheró aud panthers to attack and destry

toung .

nere "The dogs petitioned humb haughtily; and they were forc with bravery.

“A few among them of a wolves and foxes, corrupted

ant,

de sees the honest dogs and joined “ The dogs were finally

ju should which Lion acknowledge

vlore he can thority over them. “ The mongrels, not

nat you owe; it of the royalists the rer

n, and that still in“ A council of the 6 The wolves and

ju possess, and of living just, that royal pr

ple who have credit fall into. should contribute

I some time, both of your ex“ The horse al

uns at first to mention particulars, bleness of his na

vill discover how wonderfully small *". The king

e sums, and will discern what might justly upon hi

ature be saved, without occasioning any courage us +

alth if you desire it, is as plain as the way to acquitted ; t

iy on two words industry, and frugality : that are wicked

ley, but make the best use of both. Without inmises, an

nothing will do, and with them anything. He that being rec

nestly, and saves all he gets (necessary expenses exour com

ertainly become rich-if that Being who governs the you en

m all should look for a blessing on their honest endeavours, cedent every his wise providence otherwise determine.--An old Tradesditie

• Of a similar economical ch - Franklin :

ng representatives in that of Great

judges of what we can, and what CESSARY HINTS"

nd that the English parliament

our consent. In fact, the Brise of money is all

ehends many; and though the nounds a-year

to itself the power of taxing re a man of

han it has to tax Hanover. nds a gre

slature. price of

as already lost England idly

mmerce, and America he

This commerce conand fashion, which

med of importing re shilling

many of our in

v to make our ont be made by ng man becomes old, w

more cordial

doubt that

retensions, .: he that sells upon credit, asks a ent to the principal and interest of his money

Teges.

KLIN" 3 kept out of it, therefore, he that buys upon credit,

herish nat he buys; and he that pays ready money might let that to use, so that he that possesses any thing he has bought, pays for the use of it,

“ Yet in buying goods, it is best to pay ready money, because he sells upon credit, expects to lose five per cent by bad debts; therehat he charges on all he sells upon credit, an advance that shall make 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 escape that charge.

A penny saved is twoponce clear;

A pin a day's a groat a year.” 2. “THE WAY TO MAKE MONEY PLENTY IN EVERY MAN'S

POCKET. “ At this time when the general complaint is that money is scarce,' it will be an act of kindness to inform the moneyless how they may re

[graphic]

licy to

se he that

Remember that six pounds a-year is but a groat a-day. For this little sum (which may be easily wasted in time or expense un perceived), a man of credit may, on his own security, have the constant possession and use of a hundred pounds. So much in stock briskly turned by an industrious man, produces great advantage.

“ Remember this saying— The good paymaster is lord of another man's purse.' He that is known to pay punctually and exactly to the time he promises, may at any time, and on any occcasion, raise all the money his friends can spare. This is sometimes of great use. After industry and frugality, nothing contributes more to the raising 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 it, lest a disappointment shut up your friend's purse for ever.

“The most trifling actions that affect a man's credit are to be regarded. The sound of your hammer at five in the morning or nine at night, heard by a creditor, makes him 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 next day, demands it before he can receive it in a lump.

“ It shows besides that you are not unmindful 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, and of living accordingly. It is a mistake that many people who have credit fall into. To prevent this, keep an exact account for some time, both of your exponses and income. If you take the pains at first to mention particulars, it will have this good effect ; you will discover how wonderfully small trifling expenses mount up to large sums, and will discern what might have been, and may for the future be saved, without occasioning any great inconvenience.

“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 neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them anything. He that gets all he can honestly, and saves all he gets (necessary expenses 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.--An old Tradesman."

Of a similar economical character are the two following short pieces by Franklin :

1. NECESSARY HINTS TO THOSE THAT WOULD BE RICH. “ 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 prudence and honesty.

“ He that spends a groat a-day idly, spends idly above six pounds a year, which is the price of the use of one hundred pounds.

“He that wastes idly a groat's worth of his time per day, one day with another, wastes the privilege of using one hundred pounds each

[ocr errors]

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

“He that loses five shillings, not only loses that sum, but all the advantages that might be made by turning it in dealing ; which by the time that a young man becomes old, will amount 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 money 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 he charges on all 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 escape that charge.

“A penny saved is twoponce clear;

A pin a day's a groat a year.” 2. “THE WAY TO MAKE MONEY PLENTY IN EVERY MAN'S

POCKET. At this time when the general complaint is that 'money is scarce,' it will be an act of kindness to inform the moneyless how they may re

« ZurückWeiter »