FREE BOOKS

Author's List




PREV.   NEXT  
|<   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230  
231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   >>   >|  
, as a fund for benevolent expenditure, supporting myself and family on the remaining nine-tenths. I further determined, that when at any time my net profits, that is, profits from which clerk-hire and store expenses had been deducted, should exceed $500 in a month, I would give twelve and a half per cent.; if over $700, fifteen per cent.; if over $900, seventeen and a half per cent.; if over $1,100, twenty per cent.; if over $1,300, twenty-two and a half per cent.; thus increasing the proportion of the whole as God should prosper, until at $1,500, I should give twenty-five per cent., or $375 a month. As capital was of the utmost importance to my success in business, I decided not to increase the foregoing scale until I had acquired a certain capital, after which I would give one-quarter of all net profits, great or small; and on the acquisition of another certain amount of capital, I decided to give half; and on acquiring what I determined would be a full sufficiency of capital, then to give the whole of my net profits. "It is now several years since I adopted this plan, and under it I have acquired a handsome capital, and have been prospered beyond my most sanguine expectations. Although constantly giving, I have never yet touched the bottom of my fund, and have been repeatedly astonished to find what large drafts it would bear. True, during some months I have encountered a salutary trial of faith, when this rule has led me to lay by the tenth, while the remainder proved inadequate to my support; but the tide has soon turned, and with gratitude I have recognized a heavenly hand more than making good all past deficiencies." PROSPERITY AND LIBERALITY. A London correspondent of the _Western Christian Advocate_, writing some years ago of raising a fund for the extinction of debts on chapels, gives the following incident: "A gentleman named Wilkes, who was promised a subscription of one thousand guineas to this fund, has a history so remarkable as to be worth relating across the Atlantic. Seven years ago he was a journeyman mechanic. Having invented and patented some kind of a crank or spindle used in the cotton manufacture, and needing capital to start himself in the business of making them, he made it a matter of earnest prayer that he might be directed to some one able and willing to assist him. In a singular and unexpected manner he fell in with an elderly Quaker, a perfect stranger, who accosted him with t
PREV.   NEXT  
|<   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230  
231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   >>   >|  



Top keywords:

capital

 
profits
 

twenty

 
making
 
acquired
 

decided

 

business

 

determined

 
Advocate
 
Western

LIBERALITY
 

perfect

 

London

 

correspondent

 

Christian

 

raising

 

unexpected

 

incident

 
chapels
 
manner

extinction

 

writing

 

PROSPERITY

 

turned

 

elderly

 

Quaker

 
remainder
 
proved
 

inadequate

 
support

gratitude

 
recognized
 

deficiencies

 
gentleman
 
heavenly
 

promised

 
spindle
 

prayer

 

patented

 
invented

Having

 

accosted

 

earnest

 

cotton

 

manufacture

 

needing

 
mechanic
 

directed

 

thousand

 

guineas