Twenty Years of Hus'lingJohnston, J. P. (James Perry)
General
Twenty Years of Hus'ling
Johnston, J. P. (James Perry)
Business; Johnston, J. P. (James Perry), 1852-
Before leaving the subject of Patent Rights, I want to say a few words
for the benefit of those who may be inclined to speculate in them.
Although the selling of territory or State and County rights may be
considered legitimate, it is by no means a suitable business for a
reputable person to follow. The deeding of territory in a Patent Right
is about equivalent to giving a deed to so much blue sky. At least, the
purchaser usually realizes as much from the former as he would from the
latter.
Those who invest in Patent Rights invariably do so at a time when their
imagination is aroused to a point where all is sunshine and brightness.
But as soon as their ardor cools off their energies become dormant, and
by the time they are ready to commence business they are as unfit to do
so as they were visionary in making the purchase.
An invention of merit will never be sold by County or State rights.
There are any number of capitalists ready and willing to invest in the
manufacture of an invention of practical use. In such cases any
territory would be considered too valuable to dispose of.
Hence it should be borne in mind that, as a rule, to invest in specified
territory is to purchase an absolutely worthless invention.
The man who consummates the sale will seldom have the satisfaction of
realizing that he has given value received.
And without giving value received, under all circumstances, (whether in
Patent Rights or any other business), no man need look for or expect
success.
As experience is a dear teacher, let the inexperienced take heed from
one _who knows_, and give all business of this character a wide berth.
Upon reaching Adrian, I discarded the carpet-bag and bought a small
valise, with which I at once began business; and that night prepared
more stock for the next day.
I commenced by taking the most aristocratic portion of the city,
canvassing every street and number systematically, with good success.
One day, after I had succeeded in making enough money to buy a baby
carriage, which I forwarded to my wife, and had a few dollars left, I
was arrested for selling from house to house without a license. I
explained to the officer that I hadn't the slightest idea that I was
obliged to have one. He said I must go before the city magistrate, and
demanded that I should accompany him, which I did.
The _old wolf_ lectured me as if I had been a regular boodler, and then
imposed a fine which exceeded the amount in my possession by about three
dollars.
I asked what the penalty would be if I didn't pay.
He said I would have to go to jail.
"Well," said I, "I haven't money enough to pay my fine, and guess you
might as well lock me up for the whole thing as a part of it."
In answer to the query "how much cash I had," I laid it all on his desk;
and as he counted and raked it in, he said:
"Very well, I will suspend your sentence."
Public-domain text, read in full here on John Shaqi.
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