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tice in all his dealings : therefore, never keep borrowed money an hour beyond the time you promised, 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 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, 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 expenses and your 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,


waste neither time nor money, but make the best use of both. Without industry and frugality no-. ' thing will do, and with them every thing. 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 endeavors, doth not, in his wise providence, otherwise determine. An OLD TRADESMAN.



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 for 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 day. ...

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

He that loses five shillings, not only loses that sum, but all the advantage that might be made by

turning it in dealing, which, by, the time that aj young man becomes old, will amount to a consit, derable sum of money. .

Again: he that sells upon credity asks a price for: what he sells equivalents 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 moneyy escapes, or may. escape, that-charge.

A penny sav'd is two-pence clear, .
A pin a-day's a groat a year.



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Ar this time, when the general complaint is thatı “money, iş scarce,” it will be an act of kindness to inform the moneyless how they may reinforce their

pockets. I will acquaint them with the trde secret of money-catching, the certain way to fill empty purses, and how to keep them always full. Two simple rules, well observed, will do the business.

First, let honesty, and industry be thy constant companions; and .

Secondly, spend one penny less than thy clear gains.

"Then shall thy hide-bound pocket 'soon begin to thrive, and will never again 'cry with the empty belly-ache; neither will creditors insult thèė, nor want oppress, nor hunger bite, nor nakedness freeze thee. The whole hemisphere will shine brighter, 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 independent. Then shalt thou be a man, and not hide thy face at the approach of the rich, nor suffer the pain of feeling Hittle 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 fleece. Oh, then, be wise, and let industry walk with thee in the morning, and attend thee until thou reachest the evening hour for rest. Let honesty be as the breath of thy soul, and never forget to have a penny when 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 silken wretch because he hath riches, nor pocket an abuse because the hand which offers it wears a ring set with diamonds.



[Referred to in Memoirs of the Life, Part II.] Courteous Reader,

I have heard, that nothing gives an author so great pleasure as to find his works respectfully quoted by others. Judge, then, how much I must have been gratified by an incident I am going to relate to you. I stopped my horse lately, where a great number of people were collected at an auction of merchants' goods. The hour of the sale not being come, they were conversing on the badness of the times ; and one of the company called to a plain clean old man with

The origin and intent of this popular piece is fully explained by Dr. Franklin in the Memoirs of his Life. At the time of its first publication in 1757) it was read with much avidity and profit by the people of America, and is supposed to have greatly contributed to the formation of that national character they have since exhibited. '

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