ADVICE

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A Young Tradesman.

Remember that time is money. He that can earn 10s. a day by his labour, and goes abroad, or sits idle one half of that day, though he spend but 6d. during his diversion or idleness, ought not to reckon that the only expense; he has really spent, or rather thrown away, 5s. besides.

Remember that credit is money. If a man lets 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, if a man has a good and large 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 : 5s. turned, is six; turned again, is 7s. 3d. and so on till it becomes a 1001. The more there is of it, the more it produces every turning; so that the profits rise

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quicker and quicker.-He that kills a breeding sow, destroys all her offspring to the thousandth genera

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tion. He that murders a crown, destroys all that it might have produced, even scores of pounds.

Remember that six pounds a year is but a groat a day. For this little sum, which may daily be wasted in time or expense, unperceived, a man of credit may, on his own security, have the constant use and possession of 1001. So much in stock, briskly turned by an industrious man produces great advantage.

Remember this saying, That the good paymaster is lord of another man's purse. He that is known to pay punctually and exactly at the time he promises, may at any time, and on any occasion, raise all the money his friends can spare. This is sometimes of great use; 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. Finer clothes than he or his wife wears, or greater expense in any particular than he affords himself, shocks his pride, and he duns you to humble you. Creditors are a kind of people that have the sharpest eyes and ears, as well as the best memories of any in the world.

Good natured creditors (and such one would always choose to deal with, if one could,) feel pain when