Part 2

How many a hard-earned dollar finds its way into some visionary scheme; is invested in some fictitious, widely advertised enterprise, with agents on every hand offering glaring profits.

Beware of such financiering. Did you ever hear any of our old successful financiers diverting their idle surplus into those investments where almost unlimited profits are assured?

The successful accumulator is not willing to take such chances. They look too flattering.

You cannot and should not expect something for nothing. Seek the best, and if it sometimes appears costly, it will always prove cheapest in the end.

The really judicious investor does not expect the highest rate of interest, as he is aiming to get gilt-edged securities. Securities with the largest margins are naturally entitled to consideration and a lower rate.

The savings bank should only be the primary department in accumulating.

The moment a savings account has grown to a sufficient proportion, the prudent one will seek a larger field in order to reap the benefit of a more profitable and safer investment.

But then the question will arise: "What is the course to pursue for one not having had previous experience in such conservative precautions?"

As the specialist makes a specialty of a certain kind of practice, so does the expert investor make a specialty of placing money on certain kinds of securities, and as confidence is the most important factor in this commercial world, careful inquiry and investigation as to the reputation and method of such a specialist, should prove relief to this would-be investor of all anxiety and worry in placing his idle money to the best advantage.

Think prudently, act judiciously, place your confidence accordingly, and your success financially will be assured.

November, 1894.

Common Sense

Common sense is the only true promoter of mankind and yet how few of our present generation strive to obtain the knowledge.

Our boys and girls may have had their proper beginning at school, in due time successfully passed the usual graduation exercises, and some more may have received a costly course at college, yet those having been deprived of the most important instruction stand before the world as helpless as in their beginning.

To learn to work is the foundation in constructing the knowledge of common sense.

Knowing how to work and especially with those who were taught to do it with pleasure, never faltering nor complaining, simply accomplishing their daily task in a systematic manner will succeed.

A successful school or college training should only be considered as a sharpened tool to be better equipped in applying this common sense.

At home is the place where the child should be taught to do little things and as it grows older and while attending school, the importance of accomplishing bigger things should be impressed from time to time.

Every parent who neglects to teach his child to work is robbing it of its birthright.

There should be time for work and time for play, but as the former is usually out of the question, that very moment our should-be-home instructors are guilty of moral crime.

Work strengthens the body as well as the mind and a useful exercise should be the most preferable one.

If you wish to rear a good boy, teach him how to work.

If you wish your son to become an ideal young man, preach to him that the most valuable time lost, is, when he is neglecting to build up his storage of common sense.

Plod along quietly, but with determination. Promotion will surely follow.

We are none of us perfect; try to do right as nearly as you possibly can and you will profit. To neglect means disappointments.

If you wish to bring up a good girl, teach her to be useful.

If you wish to be the possessor of a model daughter, teach her the value of work; all other accomplishments should be subordinate issues, but are very commendable features if connected with common sense ideas.

Common sense should be the first principle in the make-up of a young woman, and it is only obtained while learning the rudiments and duties to manage a home; and a home of contentment is only where such a supreme being, commonly called wife, predominates.