Appletons' Popular Science Monthly, March 1899: Volume LIV, No. 5, March 1899Various
History
Appletons' Popular Science Monthly, March 1899: Volume LIV, No. 5, March 1899
Various
Science -- Periodicals; Technology -- Periodicals
In a few years the father dies; his property is divided; the daughter
receives her share. If she is married to a good business man who has
time to take charge of her fortune, possibly, during her husband's
lifetime, the difficulty is bridged over. But the chances are she may
not be married, or again the man she has selected as husband may be
worthless as a business man. It is not to be expected that a brother
(even if she is fortunate enough to possess one), however kind, will
overburden himself with the manifold details of looking after the
property of a sister. He has his own interests, which demand his
attention. He thinks his duty accomplished when he has chosen a man to
look after his sister's affairs whom he _believes_ to be reliable. The
person whom he has appointed as guardian over his sister's interests
may have an honest and high character, but that is no guarantee that
in a moment of weakness he may not yield to the temptation of abusing
the trust. He knows the woman is absolutely ignorant of how her
affairs are being conducted, and in all probability would not be the
wiser if he appropriated some of her fortune to his own uses. Her very
ignorance is his security. Who can not recall several such cases? If
each day for half an hour the father had instructed his child in the
essentials of business--how to calculate interest quickly, the manner
of filling out a lease in renting property, explaining about
mortgages, and giving her a lesson as to what were the best
investments--she would know enough to steer clear of the many sharks
and vultures which usually find her a ready prey. The woman who does
not know the difference between a registered and coupon bond should be
ashamed to acknowledge such ignorance. A parent's neglect in teaching
his child about monetary affairs is culpable, almost amounting to a
crime. There is nothing so costly as ignorance. This very fortune
which you have taken infinite pains to accumulate will be perhaps
dissipated, owing to your want of forethought in imparting the
requisite knowledge to your child. This information she will in after
years buy for herself at a heavy premium. If knowledge is power in
other matters, it is more than ever true in monetary affairs. Power to
keep your fortune is a power worth having, and more difficult to
acquire than to make a fortune. Let a girl but try to earn five
dollars, and she will see the task is not an easy one. Then, unless
she be a fool, she will realize that what is so difficult to obtain
should not be wasted.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account