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Cure For Wild Oats

Cure For Wild Oats image
Parent Issue
Day
24
Month
October
Year
1895
Copyright
Public Domain
OCR Text

From the Washington Star: The Star man was talking to an acquaintance the other day, when a young fellow, who has blown in the bulk of a fortune on himself, and is liable to finish it before many moons, passed by, just a little too heavily loaded to be comfortable. "See that young chap?" said the man. "Yes, and it's a pity about him, too. Nice fellow with good abilities, If he would only use them as he should." "Very true, and he isn't too oíd to be cured, if he went about it right." "If you've got a cure for that sort of thing, and will get it patented, you will be a millionaire before the year is out." "I can't say I've got a cure, but I know of one now in course of experiment." He didn't go right ahead, and the Star man nuiiged him with a question. "What is it, and where is it?" he asked. "Well, I needn't teil you just that, but Til teil you what it is. I happen to know a rich man with a relative w'no is just such another chap as the one we have been talking about, only more so. That is to say, he was that kind, but he isn't now. He was quick and bright, "and had a good nose for business, but he would spend money and niake no eflort to acquire it. He had about $50,000 left to him when he was 21, and he went through with it like a train through a tunnel, and then feil back on nis uncle, or step-uncle rather, and the old man had him on his hands. He became utterly worthless and was drunk and in trouble all the time. One day, however, he had a sudden attack of common sense, and he braced up and stayed that way for a month. "Then he went to his uncle and made 1 proposition to him. This proposition was to the effect that if the old gentleman would take an insurance policy on his life for $30,000, and let him have 510,000 on it to go into business with he would guarantee to pay the $10,000 back with the premium, and assume the polIcy himself within five years. If he failed he would commit suicide and the old man would make $20,000, less the premiums, which, he thought, was a fair percentage on the investment. It looked to the uncle someth!ng like murder, but he thought there was no other way to cure him, so he took the young m&n up, and the experiment ha3 now been in ot-êrition two years, and up to this timo tu& young fellow has been as straight as a string, and is $7,000 to the good, wluefc he has set aside for emergencies, and is going ahead making just as much more as he can. The old man is so pleased about it that I don't believe he wil! ask the boy- he's nearly 30- to fulfill the contract at the end of five years, in case he shouldn't have the full amount in his clothes just at that time." "Where did you say the young man lived?" inquired the Star man. "I didn't say Washington," he repliei}

Article

Subjects
Old News
Ann Arbor Register