Life ’s but a feast; and when we die,

      Horace would say, if he were by:

      “Friend, thou hast eat and drunk enough,

      ‘T is time now to be marching off;

      Then like a well-fed guest depart,

      With cheerful looks, and ease at heart;

      Bid all your friends good night, and say,

      You ’ve done the business of the day.”

      XXI: NECESSARY HINTS TO THOSE THAT WOULD BE RICH

      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 a young man becomes old, will amount to a considerable sum of money.

      Again, he that sells upon credit asks a price for what he sells equivalent 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 money escapes, or may escape, that charge.

      A penny saved is two pence clear,

      A pin a day ’s a groat a year.

      XXII: THE WAY TO WEALTH

      as clearly shown in the preface of an old almanac entitled “poor richard improved” ^{Ref. 015}

       Richard Saunders

      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 white locks: “Pray, Father Abraham, what think you of the times? Will not these heavy taxes quite ruin the country? How shall we ever be able to pay them? What would you advise us to do?” Father Abraham stood up and replied: “If you would have my advice, I will give it you in short; for A word to the wise is enough, as Poor Richard says.” They joined in desiring him to speak his mind, and gathering round him he proceeded as follows:

      “Friends,” said he, “the taxes are indeed very heavy, and if those laid on by the government were the only ones we had to pay, we might more easily discharge them, but we have many others and much more grievous to some of us. We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly, and from these taxes the commissioners cannot ease or deliver us by allowing an abatement. However, let us hearken to good advice and something may be done for us; God helps them that help themselves, as Poor Richard says.

      I. It would be thought a hard government that should tax its people one-tenth part of their time, to be employed in its service, but idleness taxes many of us much more; sloth by bringing on diseases, absolutely shortens life. Sloth, like rust, consumes faster than labor wears, while the used key is always bright, as Poor Richard says. But dost thou love life, then do not squander time, for that is the stuff life is made of, as Poor Richard says. How much more than is necessary do we spend in sleep, forgetting that The sleeping fox catches no poultry, and that There will be sleeping enough in the grave, as Poor Richard says.

      “If time be of all things the most precious, wasting time must be, as Poor Richard says, the greatest prodigality, since, as he elsewhere tells us, Lost time is never found again, and what we call time enough always proves little enough. Let us then up and be doing, and doing to the purpose; so by diligence shall we do more with less perplexity. Sloth makes all things difficult, but industry all things easy; and He that riseth late must trot all day, and shall scarce overtake his business at night; while Laziness travels so slowly that Poverty soon overtakes him. Drive thy business, let not that drive thee; and Early to bed and early to rise, makes a man healthy, wealthy, and wise, as Poor Richard says.

      “So what signifies wishing and hoping for better times? We may make these times better if we bestir ourselves. Industry need not wish, and he that lives upon hopes will die fasting. There are no gains without pains; then help, hands, for I have no lands; or if I have they are smartly taxed. He that hath a trade hath an estate, and he that hath a calling hath an office of profit and honor, as Poor Richard says; but then the trade must be worked at and the calling followed, or neither the estate nor the office will enable us to pay our taxes. If we are industrious we shall never starve, for At the working man’s house hunger looks in but dares not enter. Nor will the bailiff nor the constable enter, for Industry pays debts, while despair increaseth them. What though you have found no treasure, nor has any rich relation left you a legacy, Diligence is the mother of good luck, and God gives all things to industry. Then plough deep while sluggards sleep, and you shall have corn to sell and to keep. Work while it is called to-day, for you know not how much you may be hindered to-morrow. One to-day is worth two to-morrows, as Poor Richard says; and further, Never leave that till to-morrow which you can do to-day. If you were a servant would not you be ashamed that a good master should catch you idle? Are you then your own master? Be ashamed to catch yourself idle when there is so much to be done for yourself, your family, your country, and your king. Handle your tools without mittens; remember that The cat in gloves catches no mice, as Poor Richard says. It is true there is much to be done, and perhaps you are weak-handed, but stick to it steadily and you will see great effects; for Constant dropping wears away stones; and By diligence and patience the mouse ate in two the