PREFACE
AUTHOR'S PREFACE
The title of this work is an index of the performance. It is a
collection of useful instructions for a young tradesman. The world is
grown so wise of late, or (if you will) fancy themselves so, are so
opiniatre, as the French well express it, so self-wise, that I expect
some will tell us beforehand they know every thing already, and want
none of my instructions; and to such, indeed, these instructions are not
written.
Had I not, in a few years' experience, seen many young tradesmen
miscarry, for want of those very cautions which are here given, I should
have thought this work needless, and I am sure had never gone about to
write it; but as the contrary is manifest, I thought, and think still,
the world greatly wanted it.
And be it that those unfortunate creatures that have thus blown
themselves up in trade, have miscarried for want of knowing, or for want
of practising, what is here offered for their direction, whether for
want of wit, or by too much wit, the thing is the same, and the
direction is equally needful to both.
An old experienced pilot sometimes loses a ship by his assurance and
over confidence of his knowledge, as effectually as a young pilot does
by his ignorance and want of experience--this very thing, as I have been
informed, was the occasion of the fatal disaster in which Sir Cloudesley
Shovel, and so many hundred brave fellows, lost their lives in a moment
upon the rocks of Scilly.[1]
He that is above informing himself when he is in danger, is above pity
when he miscarries--a young tradesman who sets up thus full of himself,
and scorning advice from those who have gone before him, like a horse
that rushes into the battle, is only fearless of danger because he does
not understand it.
If there is not something extraordinary in the temper and genius of the
tradesmen of this age, if there is not something very singular in their
customs and methods, their conduct and behaviour in business; also, if
there is not something different and more dangerous and fatal in the
common road of trading, and tradesmen's management now, than ever was
before, what is the reason that there are so many bankrupts and broken
tradesmen now among us, more than ever were known before? I make no
doubt but there is as much trade now, and as much gotten by trading, as
there ever was in this nation, at least in our memory; and if we will
allow other people to judge, they will tell us there is much more trade,
and trade is much more gainful; what, then, must be the reason that the
tradesmen cannot live on their trades, cannot keep open their shops,
cannot maintain themselves and families, as well now as they could
before? Something extraordinary must be the case.
There must be some failure in the tradesman--it can be nowhere
else--either he is less sober and less frugal, less cautious of what he
does, whom he trusts, how he lives, and how he behaves, than tradesmen
used to be, or he is less industrious, less diligent, and takes less
care and pains in his business, or something is the matter; it cannot be
but if he had the same gain, and but the same expense which the former
ages suffered tradesmen to thrive with, he would certainly thrive as
they did. There must be something out of order in the foundation; he
must fail in the essential part, or he would not fail in his trade. The