Some people, who prey on the world, only ask to be put in possession of any amount of property, and themselves merely protected by the form, not justice, of law. The world must be appreciated.

Some people cannot be trusted safely with property or life; they care nothing for themselves, how can they do more for others?

In commission and agency business, where there is cause for suspicion of unfaithfulness, the only corrective is to have persons above suspicion, to whom proper and specific written directions, when given, will be the best to obviate the worst difficulties. In whom can we confide power?

Hardly in any, much less in aliens; therefore we must invariably confide in principles. We must all seek to know rightly the just character of human nature, which we can best know through financial transactions.

Too many agents are indifferent, if not grossly negligent, of their agencies; especially for distant and absent employers.

We should never employ proxy, if practicable to avoid, especially such as this. The practical business man must be convinced of the necessity of one's own immediate attention to his own business, and least of all by proxy.

It is important to analyze the vast difference of the credit and cash systems.

That difference may be bankruptcy with the prodigal. With cash, purchasers can deal understandingly and with correct reference to their absolute wants, many per cent. better. We must give a living, safe price always when we are sure we are right; but that we must ever investigate, or not act.

When we have proper opportunities to know facts and the nature of things, then we should rightly use all such. Take nothing on trust that is suspicious, requires investigation, or can be benefited by it.

It is well for us to deal ever with honest men, but we can only act for self-preservation on principle. Whom can we trust at random in business transactions, when a part of the world avoids payment of just debts contracted for value received? How much false capital is there?

Correct management of the world is the desirable issue.

Individuals seek to repudiate contracts because the price of property has fallen. Would such be anxious to give up the same, had its value risen? The proposition must be honorably fair for both, or it will not be just.

When one recently becomes a citizen, he may not know the people, many local facts, the limits that waters rise and flood. the lands, the character of the soil and many essential particulars, therefore he should wait to inquire satisfactorily, and learn by experience, when entering into purchases or any important new business.

Review all sides, the worst, at least the shade, as well as the sunshine. Avoid holding your mind in abeyance to partial views of small circles, when it is worthy of command of circumstances relative to the largest comprehensions, the only safe ones.

Many things, from want of fitness, may produce failure; but many persons do not consider that their own personal unfitness does not arise from intrinsic reasons, but for want of a proper comprehension of the whole world relations to us.

I seek to have all properly protected in the first step, to be not even tempted to wish repudiation of solemn contracts, fair and business-like, in terms troublesome and offensive, in such a way as to create hard and unkind feelings, bitter anguish, sleepless nights, nervousness, severe remarks and nigh approach of actions, but for the mildness. of one party. Let both, all parties go into all transactions with their best senses wide awake, to maintain all that is right permanently.

It might be thought that I am too censorious on human nature; I shall be happy to correct myself, but at the whole view it will be found that my strictures are upon the perversions of it from peculiar education, in so peculiar a way that man is taught to Îook all his way, that is, his self-interest, without respect to the other side, much less to conservative principles of all. It may be said, Yet this is only a certain class. True, but it is the world as far as it goes, and too much of that, which is the worst of all.

Let mind be always our protector, with good faith in business, or all transactions, not to involve the party in insuperable difficulties. Some persons, through ambition, avarice, or envy, do not duly estimate their own resources or capital, mental or pecuniary, but are reckless of calculations that mind demands and reason requires.

We have seen those who, as agents, might be profitably employed instead of principals, thus creating liens on all, though in their possession the owner's property eventually sold for less than the cost on the materials for building, or for less than the third and last payment that they, the nominal purchasers, could not raise, and thus sacrificing all for want of foresight.

When the party does not overreach himself, he may make a competency and live in

dependently, instead of deep depression, anguish and pauperism. Wild speculations are hard to accomplish, and often involve the operators in ruin. What innumerable expedients are resorted to about property!

Contend for your rights withheld, advisedly. All good citizens are concerned in heading false agents and commission merchants. The best policy was evinced in an incident transpired in another continent, where cotton was sold and a loss sustained, but the shipper investigated in person the whole transaction, and received twenty thousand dollars above the account of sales, and the delinquent party was glad to escape further exposure.

If not successful in one business, do not spend all your lifetime and talents fruitlessly, to the benefit of others, who, so far from thanking you for your drudgery, laugh at you for your vain exertions.

Does a man deceive you, by reasons that you can not control? That is your misfortune, and his fault. If he do it again, that is your fault.

Corrections of errors, in all settlements, should be had for all time that is proper in the utmost courtesy and facility.

In property the first thing is title clear and indisputable, insured by proper documents recorded by a competent office, under no incumbrance of conveyances, deeds of gifts, executions and judgments.

Receive no purchases, especially of estates, for which imperfect titles are given, and the future responsibility may be in bankrupts or irresponsible characters. If administrators sell without validity of will, it will be lawless, and you can receive no rights at all thereby.

In the sale of property, without the whole title is in the party, beyond doubt or cavil, it is a poor business, though indemnifying bonds be attached, as in future days the seller may be dead, insolvent, or in parts unknown, his little property squandered, and all your protection nullified every way. The daily history of the world shows what constant changes are progressing, but few remaining in one place an age!

You may pay all your money to worthless individuals and strangers, &c., who may be bankrupt in character and property, from whom you can not get your own, and may not only have to deliver all that you have bought, but pay for the use of it the whole time, which may be the deepest injury to your purse, and not the most pleasant to your nicest feelings, sentiments and sensibility.

All contracts to be valid, must be for value received. You can take nothing on supposition or granted about the real worth of any individual, unless you know his exact condition and indebtedness or exemptions, and whether and how the debts can be paid. Some people only pay at the end of the law, which often results in the end of their property. The greatest care should be of honesty, as a real pleasure of life, for then is honesty to console when adversity occupies. Specify all contracts, and all performances of workmanlike skill. All those of importance deferred had better be written, for two reasons, to keep promises sacred, and certify them without danger of misunderstanding and hostile feelings. The world needs the good faith of contracts, veracity in all its circles. Define the position, fix the specific whole.

Who wishes to have his property lost, or be harassed, merely to save a little trouble or duty at first?

Where there is much public credit and high speculation, there must be a crash. Guard not only against world speculations, but speculators. Do not get your own consent, however specious and fair the bait, till you are not only satisfied, but safe, by the satisfaction of principles.

Speculators may inveigle purchasers into matters to give them ostensibly commissions, or really means to raise capital, to prevent their mercantile houses sinking, and will sell the article in reference to that express view; not for mutual, reciprocal advantages. There is no position safer than that of principle, that must act every way to present full and fair satisfactory safety, and results final. Sell your property for a fair price, in preference to deferred and uncertain payments. Do not involve yourself by borrowing, but sell for reasonable prices always.

We see fraudulent conveyances, while the owner holds on to the property, in bad faith to honesty and truth and the debts to his creditors, who, in good faith, are the owners.. It is not honest for parties indebted to seek compromise of debts with the least payment, when their funds authorize differently.

What honest man seeks to depreciate, and then buy his depreciated paper in the market?

It is dishonest to propose compromises, when only partial duty or payment is offered,. and withholding the balance. What is the value of money, unless integrity of the world protects property and reputation?

Laws for imprisonment of those fraudulently conveying property till surrendered, should be not only uniformly enacted, but enforced.

Why should it not be a penitentiary offence?

You should not speculate except with your money in hand, nor should you ever risk your whole property in one speculation, lest your adventure be a misadventure and ruin you forever, and you have not wherewith to pay. Do not leave trouble to your friends to settle, after you are dead, what you ought to have settled yourself so much better. If you preserve uniform system in business, it will be much better for you and the

world.

Give the world no undue advantage over us, for its history shows that the past has been abused, the present perverted, and the future may be usurped in anticipation. The world will appropriate all kinds of capital in all practicable ways. Do not think of pleasing others at the expense of justice to self. Do not do this at all.

You are requested to promise. Take all matters into consideration and consultation; tell the applicant to wait so many hours necessary, and then decide advisedly. Sometimes people put themselves where justice is satisfied. Patience and perseverance will accomplish much, but do all things perfectly right at first.

The true secret is, to know how to best succeed in this world-not only succeed, but do it as it ought to be done. One of the plans is, to have no antagonism of the world more than the inherent nature of things permits.

We should have no difficulty with any matters, when we can govern all with mastery of mind. The world must have independence of character, know how to act, and with

nerve.

Your

Is it safe to buy from an unknown and unknowable operator? Not generally. Never put it into the power of mortals to injure you by demoralizing causes. triumph in this world is complete, if you act honestly, truthfully, faithfully to duty. 1. In the first place, let your contract, verbal or written, be as sacred as life. 2. Let none desecrate this contract, made in good faith, reason and justice. Let truth and honesty be forever sacred, then fire cannot scorch nor ice freeze, in future abodes, the truthful and honest soul, that meets all that is due civil, moral and religious duties.

But rational mind must be properly cultivated, to know all this, and that retribution does not come by miracles, or priests' works or words, but by the intrinsic virtue of self-vindicating principles.

Mind should be duly protected against all the humbugs of the world, all the peculiar mysteries of mock science, emanating from mock bibles and faith.

How difficult is it, for the world to appreciate about property and money power? It should be American to say and act the negative independently, as well as the affirmative. Many trusts of society are implied. Are you to violate them? You cannot, and maintain an honorable reputation for good faith.

Never promise impracticable or impossible things, or those that do injury. All treaties are to be in good faith, and both are bound, unless one party fails to comply, which absolves all obligations.

Individual and national compacts are to be sacred.

Man must respect the sacred inviolability of good faith contracts. All documents, in trust or otherwise, should be legal, and as they are binding on all parties practicable for good, the parties to the contract can only officially relieve; consequently nothing is valid without their official permission. There can be no violation of word or pledge in money payments, that are practicable, otherwise they should not be given under ordinary or any circumstances.

Put all bids for public labor at the lowest, as base injustice and imposition will be otherwise practiced.

Specific special contracts must be confirmed.

Applicants who seek accommodation in money should pre-pay their debits, or secure them by the best paper-never deferred beyond twelve months.

Never let debts run too deep, either as creditor or debtor.

The unprincipled, reckless, without conscience, will shun their security obligations, if practicable.

When bondsmen suffer tens of thousands, and become bankrupt for others, it is time, for self-defence, to institute as great protection as there are temptations.

Some people are harassed all their life by debts, their mind disturbed, estate confiscated to the sheriff, never paying any debts but at the extreme end of the law, paying a fortune in mere costs. They had better sell their property, and be freemen, at once. Then they know what they have to depend on in life.

But this pest of securityship is the thing that perplexes the world to refuse, when otherwise it may have to pay the amount.

The world looks to friendship, that must not, if pure, be violated for dollars and cents.

But as the world has mind to govern it, let all its details be submitted thereto. When required to act, you may decide how much you can give, not sacrifice, to what is called friendship-substantially, mere acquaintance, and made too on interested motives.

Many contract debts never to be paid, as base in the eye of principle as repudiation, and as degraded before God. If the laws had no penalty, all such that resort to this iniquity, however they may affect the best circles, would not prove themselves honest. To avoid all the liabilities of a promiscuous securityship, mutual friends can select and sign for each other.

Will some aid, who have used up all that you could spare? This address is made to those whose facility of disposition does not urge them to say no, in the right place, and at the right time.

Insolvency of estates may often exist, unknown, unless properly investigated. Is the obligation of such worth anything?

Sufficient collateral security should be previously fixed, to prevent accidents by death, &c. Trusteeship and life-insurance, on proper policies, may answer the best

purposes.

What little credence can be put in most men, when money is concerned, in bankrupt times!

What an amount of abuse of good faith is there in this respect.

The only safe position is on immutable principle; if you do not thus act, you will soon change your most exalted opinion of the majority, of fair and specious, when nothing is at stake.

Your experience will adequately sustain the question, how is a person known unless previously tried, when you realize what an awful thing it is to some, in stretching one's credit.

One is subject to being victimized, on securityship.

There is no obligation to force friends to tender their fortunes, their all, for mere speculation of others!

True, honorable friendship scorns such ignoble deeds.

come.

At the time that one becomes security, it is too often the case that the payment has to Collateral security is due the second, for the preservation of the credit of the first, of good morals generally, every way.

Have the nerve to say No, when necessary and proper, beforehand, with forethought, like an intelligent freeman, who looks upon the pliancy of some as most objectionable, then the deed is right.

RELATIVELY TO SECURITYSHIP.

SAY that most independent word No, on all rightful occasions. Will you go my security? said a merchant to an industrious planter, of good sense, on moderate acquaintance. For how much? Six thousand dollars. Six thousand dollars. No, sir! The merchant was indignant. But the planter firmly said, I made my property by my labor and means, which I can best estimate. Rather than risk my all on your good feelings, I will risk your feelings. In the end, the event proved the value of precaution, the truth of good sense. The merchant ruined his security, obtained elsewhere, leaving speedily and clandestinely for another country; and one of his pupils, an apt scholar, has followed since, violating a generous and sympathising confidence, improperly bestowed, as it was never merited.

How many securities are thus affected? Collateral security is the only defence and forever due, as the rightful ownership is in the person liable-so says my code of ethics. All that intend to do right, and not involve friends, will not hesitate to secure collaterally.

Let every citizen assert his or her own rights, by firm action, with the negative in the right place and time, before, not after damage. Let them observe wisely, act faithfully, to promise consistently with their word and proper decision.

Wealth of dollars too often interrupts happiness.

Sacrifice rightly all that interfere with our best happiness. We need a general system of financiering, to protect ourselves and household rightly, against the sharp part of the world, perfectly reckless of principle, and hostile to all gratitude.

Self-preservation is an important element in this question. Let justice supersede liberality, and take nothing for granted in this matter, as it may be absolutely necessary to have all keep the strait and direct track.

Premising all things right, or never starting, will insure peace and success, and all the suitable independence.

The best dependence is on self, to be independent of others: then you may be best assured of merited success, or see where the fewest errors and faults lie.

You are called upon, by friends and relations, to become security. Have you that certain sum of money that you can-without inconvenience to yourself, and injustice to your own creditors, particularly your own family, and all others that have a direct or immediate and paramount demand on you-spare, for the payment, if called on?

If not, fulfil the obligations of justice and friendship, by demanding, at the same time, collateral security on enough property, to that value, at least.

The payer ought to own the property. If you pay for it, you are certainly justly entitled to it.

If you do not, all the ends of justice and friendship are rightfully met on both sides. But the purchaser of a large amount of property refuses collateral security; then refuse him your friendship, for his object looks sinister, and his conduct is not free from suspicion, if properly honest. He seeks to reach the profits of his speculation at your risk. Is this friendship?

Proper analysis decides it, sordid interest.

Why all this precaution? To meet the richest feelings of an honest man, that sees thousands of his countrymen fleeing to distant frontier states, running away with their property, or cloaking it with most suspicious appearances that all is not right, when they could have most honorably lived under their own poplars and oaks, on their own broad acres, in the land of their choice, with the contented feelings of all contracts fulfilled, and all the world honestly and cheerfully smiled in the face, had the word No been said in the right time, or the word Yes been inscribed in the right way. But then this difficulty was for another. It is your own act, just the same; both are equal. There is no difference between primary and secondary signatures, so far as to be exempt from valid contracts, specifying to be fulfilled.

He who acts by another, acts himself. The rule is general: never purchase beyond your means in speculation, in no respect if you are wise, and wish to abide on the lands you are entitled to by ownership.

Will you permit another to do with yours in reckless gambling speculation, what you will not enact yourself? You have no control over his affairs, then how imperative and incumbent it is on you, to rightly control your own. If you do not, who will?

Give up no independent comforts, for any prospects however brilliant but unsubstantial.

You may observe only the bright and flourishing view of things, that if reversed, may ruin you speedily.

The reverse has a darker side, than the mind realizes. We must adhere to the legitimate principles of trade, else a mint can be exhausted for speculation.

We may lose all by misfortune, and then the best consolation is, that we have saved by paying our debts. When a merchant is thus overtaken and compounds, assigns or goes into bankruptcy, his books being the regular basis with proper vouchers and documents, he rules the highly dangerous contingency.

The unfortunate man may get into troubles for want of system, firmness, clearness of intellect, decision, and want of guarding against the world's dishonesty and deep intrigues. Some people may become incapacitated for business, by various habits, that may lead to peculiar state of mind as little removed from mania-a-potu.

What is to protect the helpless, from the rapacity of social pirates?

You may view the bright and flowery side of human nature, and can never believe in its amount of corruption, until you test it fully in finance and money transactions. The more helpless the proprietor, and the more immunity from penalty, the more are these pirates invited. No circle is too high for dark and corrupt characters to operate therein; in fact, the greater the stake, the more are such invited in every age and clime, unless principles counteract all of them.

If you should never enter into contract, with any not legally liable and responsible, on account of, aye much less should you do so with those incapacitated from want of principle.

There are some people, whose appreciation of your expression of gratitude for favors from them, will make it all a matter of speculation, and pervert the whole of refined sentiments of mind, to ignoble sensuality and pecuniary profit.

People have told me, that some of their own relations, who were in churches too, would rob their God if they could. Is this too severe a statement? Who will say so? How many persons who were doing well, have listened to the advice of pretended friendship, and have been used up by so doing? They have confided in their judgment