If a man lets.

Remember that credit is money. his money lie in my hands after it is due, he gives me the intereft, or so much as I can make of it during that time. This amounts to a confiderable fum when a man has 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. Five fhillings turned is fix ; turned again, it is seven and three pence; and fo on till it becomes an hun-, dred pounds. The more there is of it, the more it produces, every turning, fo that the pro-, fits rife quicker and quicker.

He that kills a breeding fow, destroys all her offspring to the, thousandth generation. He that murders a crown, deftroys all that it might have produced even scores of pounds.

Remember that fix pounds a year is but a groat. a day. For this little fum, which may be daily wafted either in time or expence, unperceived, a man of credit máy, on his own security, have the conftant poffeffion and ufe of an hundred pounds. So much in ftock, brifkly turned by, an industrious man, produces great advantage.

Remember this faying, "The good paymaster is lord of another man's purfe." He that is known to pay punctually and exactly to the time he promises, may at any time, and on any occafion, raife all the money his friends can spare. This is fometimes of great ufe. After indust

ry and frugality, nothing contributes more to the raifing of a young man in the world,, than. punctuality and juftice in all his dealings:

therefore never keep borrowed money an hour beyond the time you promifed, left a difap. pointment fhut up your friend's purfe for ever.

The moft trifling actions that effect a man's cre. dit are to be regarded. The found of your ham mer at five in the morning, or nine at night, heard by a creditor, makes him easy fix monthslonger; but if he fees you at a billiard table, or hears your voice at a tavern, when you should be at work, he fends for his money the next day, demands it before he can receive it in a lump.

It fhews, befides, that you are mindful of what you owe; it makes you appear a careful, as well as an honeft man, and that still increases your credit.

Beware of thinking all your own that you posfels, and of living accordingly. It is a mistake that many people who have credit fall into. To prevent this keep an exact account, for fome time, both of your expenfes and your income. If you take the pains at first to mention particulars, it will have this good effect; you will difcover how wonderfully fmall trifling expences mount up to large fums, and will difcern what might have been, and may for the future be faved, without occafioning any great inconvenience.

In short, the way to wealth, if you defire it, is as plain as the way to market. It depends chiefly on two words, industry and frugality; that is, wafte neither time nor money, but make the beft ufe of both. Without industry and frugality nothing will do, and with them every thing. He that gets all he can honestly, and faves all he gets, (neceffary expences ex

eepted) will certainly become rich-if that Being who governs the world, to whom all fhould look for a bleffing on their honeft endeavours, doth not, in his wife providence, otherwife de termine.

AN OLD TRADESMAN.

NECESSARY HINTS TO THOSE THAT WOULD BE RICH.

TH

WRITTEN ANNO 1736.

HE use of money is all the advantage there is in have ing money.

For fix 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 fix pounds a year, which is the price for the ufe of one hun dred pounds.

He that waftes 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 lofes five fhillings worth of time, lofes five fhillings, and might as prudently throw five fhillings into the fea.

He that lofes five fhillings, not only loses that fum, but all the advantage that might be made by turning it in deal ing, which, by the time that a young man becomes old, will amount to a confiderable sum of money.

Again: he that fells upon credit, afks a price for what he fells equivalent to the principal interest of his money for the time he is to be kept out of it; therefore, he that buys upon credit, pays intereft for what he buys; and he that pays ready, money, might let that money out to use: so that he that poffes any thing he has bought, pays intereft for the use of it.

Yet, in buying goods, it is beft to pay ready money, beaufe, he that fells upon credit, expects to lose five per cen

by bad debts; therefore he charges, on all he fells upon credit an advance that fhall make up that deficiency.

f

Those who pay for what they buy upon credit, pay their fhare of this advance.

He that pays ready money, efcapes, or may efcape, that charge.

A Penny fav'd is two-tence clear;

A pin a day's a great a year.

THE WAY TO MAKE MONEY PLENTY IN EVERY MAN'S POCKET.

At this time, when the general complaint is that" mo

ney is fcare," it will be an act of kindness to inform the moneyle's how they may reinforce their pockets. I will acquaint them with the true fecret of money-catching--the certain way to fill empty purfes--and how to keep them always full. Two fimple rules, well obferved, will do the bufine fs.

First, let honefty and induftry be thy conftant companions; and,

Secondly, spend one penny lefs than thy clear gains.

Then fhall thy hide-bound pocket foon begin to thrive, and will never again cry with the empty belly ache: neither will creditors infult thee, nor want oppress, nor hunger bite, nor nakednefs freeze thee. The whole hemifphere will fhine brighter, and pleafure fpring up in every corner of thy heart. Now, therefore, embrace these rules and be happy. Banifh the bleak winds of forrow from thy nind, and live independent. Then fhalt thou be a man, and not hide thy face at the approach of the rich, nor fuffer the pain of feeling little when the fons 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 proudeft of the golden fleece. Oh then, be wife, and let industry walk with thee in the morning, and attend thee until thou reacheft the evening hour for reft. Let lionefty be as the breath of thy foul, and never forget to have a penny, when all thy expences are enumerated and paid; then fhalt thou reach the point of happincís, and ins

dependence fhall be thy fhield and buckler, thy helmet and crown; then shall thy foul walk upright, nor stoop to the filken wretch because he hath riches, nor pocket an abuse because the hand which offers it wears a ring fet with diamonds.

[A Tranflation of this Letter appeared in one of the Daily Papers of Paris about the Year 1784. The following is the original Piece, with fome Additions and Corrections made in it by the Author.]

TO THE AUTHORS OF THE JOURNAL.

MESSIEURS.

You often entertain us with accounts of new difcoveries.

Permit me to communicate to the public, through your paper, one that has lately been made by myself, and which I conceive may be of great utility.

I was the other evening in a grand company, where the new lamp of Meffrs. Quinquet and Lange was introduced, and much admired for its fplendor; but a general enquiry was made, whether the oil it confumed, was not in proportion to the light it afforded, in which cafe there would be no faving in the ufe of it. No one prefent could fatisfy us in that point, which all agreed ought to be known, it being a very desirable thing to leffen, if poffible the expence of lighting our apartments, when every other article of family expence was fo much augmented.

I was pleased to see this general concern for œconomy: for I love economy exceedingly.

I went home, and to bed, three or four hours after midnight, with my head full of the fubject. An accidental fudden noife waked me about fix in the morning, when I was furprised to find my room filled with light; and I imagined at first, that a number of thofe lamps had been