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How Some Men Become Rich

How Some Men Become Rich image
Parent Issue
Day
6
Month
November
Year
1874
Copyright
Public Domain
OCR Text

We make the following extract from the recent lecture of the celebrated biographer, 3YIr. .Tainos Parton, on "Kinga of Business." The house of Isaac Rich & Co., of Boston, is now the leading house in the tish truda of that city, and has a reputation for fair and honorable dealing coextensive with the continent : Isaac Bich, who left a million and three-quarters a year or two ago to found a college in Boston, began business thus : At 18 he oame from Cape Cod to Boston with $3 or $4 in his possession, and Iooked about for something to do, rising early, walking far, observing closely, reflecting much. Soon he had an idea : He bought three bushels of oysters, hired a wheel-barrow, found a pice of board, bought six small plates, six iron forks, a three-cent peppor-box, and one or two other things. He was at the oyster-boat, buying his oysters, at 3 o'clock in the morning, wheeled them three miles, set up his board near a market and began business. He sold out his oysters as fast as he could open tbem at a good proñt. He repeated this experiment morning after morning until he had saved f 130, with wliich he bought a horse and wagon, and had fíve cents left. " How are you going to board your horse ?" asked a stable keeper, who witnessed this audacious transaction. " I am going to board him at your stable." " But you're a minor," replied this aoute Yankee. "And, mind, 1 can't trust you more than a week." The next morning the lad who had established a good credit with oystermen, bought thirteen mshels of remarkably fine oysters, which ie Bold in the course of the day at a proit of $17. So he was able to pay for hia ïorse's board. And right there in the ame market he continued to deal in oysers and fish for forty years, became king f that business, and ended by founding college ; thus affording a new illustraon of Prof. Agassiz's theory that the onsumption of fish is serviceable to the rain. -

Article

Subjects
Old News
Michigan Argus