Illustrations of political economy, Volume 1 (of 9)Martineau, Harriet
General
Illustrations of political economy, Volume 1 (of 9)
Martineau, Harriet
Didactic fiction, English; Political fiction, English; Social problems -- Fiction
There were several partners in this concern, though their names did not
all appear in the firm. Mr. Leslie, the richest of them, lived in London
and was a Member of Parliament. He advanced a great deal of money to
carry on the works, but took no trouble in the business, besides signing
his name to papers sometimes, and receiving his large profits when the
accounts were made up. Mr. Cole was also rich. He held about one-third
of the whole concern; and was far more interested in the proceedings
than Mr. Leslie. He came now and then to see what was doing, found fault
with everything, contradicted Mr. Wallace’s orders, and when he had done
all he could to put everybody out, went away, promising to repeat his
visit by and by, and if he was better satisfied, to send his son to
learn business and qualify himself to take a share in time. Mr. Bernard,
the third partner, had sons whom he wished to be instructed in the
management of an iron-work, and he resolved to settle himself and his
whole family on the spot, and to be an acting partner. Mr. Wallace was
very glad of this; for he was young and had not had much experience of
business, and felt the responsibility of his present situation very
great. He had a high opinion of Mr. Bernard in every way, and hoped that
if his own zeal and industry were supported by the talent and experience
of his partner, the concern would prosper. He was sorry that some time
must elapse before the Bernard family could come; but this afforded the
better opportunity for getting everything into order before their
arrival.
Mr. Wallace was possessed of less property than any of his partners; but
he held a good share of the concern in consideration of his devoting his
whole time and exertions to business. His great-grandfather had begun
the world without a shilling. He was a labourer, and by his skill and
industry he managed to earn rather more than was sufficient to feed and
clothe his family of four children. He thought within himself whether he
should lay by the surplus to set his young people forward in the same
way of life with himself, or whether he should give it them in the shape
of such an education as he could procure for them. He was too sensible a
man to think of spending money in indulgences for himself or them, for
no better reason than that he had it by him. He chose the wisest way: he
put out at interest a sum sufficient to secure him against want in case
of sickness or old age, and employed the rest in giving his children a
good plain education, which fitted them for a somewhat higher occupation
than his own. His eldest son was first apprentice and then shopman to a
linen-draper, and was at last made a partner, and left a little capital
to his son, our Mr. Wallace’s father, who stocked a shop and rose in the
world so as to be able to leave his son a few thousand pounds, which he
embarked, as we have seen, in an iron-work which promised large profits.
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