To those who, without experience, are commencing a jobbing-business, a capital of thirty, forty, or fifty thousand dollars seems an inexhaustible fund. Experience teaches that an incautious and unskilful man may easily bury even the largest of these sums in a single season. If not actually lost, it has in effect ceased to be capital, because it cannot be collected, and the notes he has taken are such as will not be discounted. Success in the jobbing-business makes such demand on talent and capacity as outsiders seldom dream of. Half-a-dozen Secretaries of State, with a Governor and a President thrown in, would not suffice to constitute a first-class jobbing-firm. The general or special incompetency of these distinguished functionaries in their several spheres may probably be covered by the capacity of their subordinates. The President of these United States--of late years, at all events--is not supposed to be in a position to know whether the will is or is not "a self-determining power." But no jobbing-firm can thus cloak its deficiencies, or shirk its responsibilities. Goods must be bought, and sold, and paid for; and a master-spirit in each department, capable of penetrating to every particular, and of controlling every subordinate, cannot be dispensed with. He must know that every man to whom he delegates any portion of his work is competent and trustworthy. He must be able to feel that the thing which he deputes to each will be as surely and as faithfully done as though done by his own hand. No criticism is more common or more depreciatory than that "Such a one will not succeed, because he has surrounded himself with incompetent men."