READ THE NEWSPAPERS
Always take a trustworthy newspaper, and thus keep thoroughly posted in
regard to the transactions of the world. He who is without a newspaper
is cut off from his species.
In these days of telegraphs and steam, many important inventions and improvements
in every branch of trade are being made, and he who don't consult the newspapers
will soon find himself and his business left out in the cold.
BEWARE OF "OUTSIDE OPERATIONS"
We sometimes see men who have obtained fortunes, suddenly become poor.
In many cases, this arises from intemperance, and often from gaming, and
other bad habits. Frequently it occurs because a man has been engaged in
"outside operations," of some sort.
When he gets rich in his legitimate business, he is told of a grand speculation
where he can make a score of thousands. He is constantly flattered by his friends,
who tell him that he is born lucky, that everything he touches turns into gold.
Now if he forgets that his economical habits, his rectitude of conduct and a
personal attention to a business which he understood, caused his success
in life, he will listen to the siren voices. He says:
"I will put in twenty thousand dollars. I have been lucky, and my good
luck will soon bring me back sixty thousand dollars."
A few days elapse and it is discovered he must put in ten thousand
dollars more: soon after he is told "it is all right," but certain
matters not foreseen, require an advance of twenty thousand dollars
more, which will bring him a rich harvest; but before the time comes
around to realize, the bubble bursts, he loses all he is possessed of,
and then he learns what he ought to have known at the first, that
however successful a man may be in his own business, if he turns from
that and engages ill a business which he don't understand, he is like
Samson when shorn of his locks his strength has departed, and he becomes
like other men.
If a man has plenty of money, he ought to invest something in everything
that appears to promise success, and that will probably benefit mankind;
but let the sums thus invested be moderate in amount, and never let a
man foolishly jeopardize a fortune that he has earned m a legitimate
way, by investing in things which he has had no experience.
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