Canada -- Social life and customs; Ontario -- Description and travel
In boots and shoes, of which they bought enormous quantities, they
doubled their money on every invoice. Without pursuing this narrative
further, it is just as well to say that as the war went on and the
equilibrium came about in the price of goods in the United States, and
the depreciated currency got in sympathy, these men found themselves
with thousands of available funds on hand.
Into manufacturing they then entered. In this new branch the same
painstaking and foresight which gained them success in storekeeping made
the wheels of the manufactories revolve to their profit. Year by year
their manufacturing operations succeeded, and they found themselves the
possessors of more capital than their manufacturing operations required.
Next they became bankers, and again in this new line the old business
habits of constant care, watchfulness and keen oversight, wrested
success from the business. Their manufacturing operations they still
kept on in connection with their banking business.
Success so phenomenal pointed out the principals as sound, far-seeing
men, and we next find each brother the president of a bank and their
financial position fully assured. During this series of years they have
found time to take a relaxation now and again by trips to Europe,
besides holding municipal offices among the people where they reside. I
am not in a position to tell for a certainty of the wealth of these
brothers at this time, but it is conceded by all who know them to be in
the hundreds of thousands.
This has all been done in thirty years in Ontario, and done fairly and
honestly. They have never gambled, nor taken chances, but always done a
square, legitimate business, open to the closest scrutiny. If those
persons in our country who are railing at capitalists will stop and read
this narrative, they must see that these persons have a moral as well as
a legal right to their capital, and it is to the glory of our Ontario
that they have made it and possess it. Indeed these men worked and saved
and lived close until they made their start, and they surely have a
right to it.
All capital in Ontario was acquired by closeness and saving, for very
few persons in Ontario brought much money into the country. The capital,
in fact, has been created here by just such saving and downright hard
work as these men did. What is true in the case of these men is
invariably true in the case of others who have succeeded in becoming
capitalists in Ontario. I hope this narrative may be in somewise an
incentive to others to try and do likewise in their own particular
calling.
A young New England lad began about forty years ago selling goods
through Ontario from a waggon. His employer furnished the horses and
waggon. Every working day through rain and snow found this young man on
the road. No storms, nor floods, nor cold snaps deterred him, but every
day he did business for his employer, and weekly he made up his balance
sheets, and remitted to his employer his weekly sales.
Public-domain text, read in full here on John Shaqi.
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