| Show tyrol MONDAYS daily daify DALY ABOUT BORROWING I 1 11 he who goes a borro borrowing ving ying goes a sorrowing says the old proverb of edun course 0 o lie ho does first of all because kotlic of the necessity leal real or supposed for fir borro borrowing eving and ano afterward aften arten vard because of the drag of repaying what ilat li elias borrowed iid ild and lid s spent e ut some people almost never borrow ea and aud others are niu biu always ays borrowing borr nying it as f s thele way of carrying oil on business of making makin 1 a living A very poor way my of carrying carry lu g jm on Pu business siness or of making a living itis but bult somehow or other such people geem seem to prefer it iti or at least they get into that way of doing and cem never to be able tu to get out of it again it is ls il 14 a lame lanio and impotent way of getting along and those with whom borrowing lias has become a chronic habit are really unfortunate and are arc to bo be pitied their neighbors are aru unfortunate and are to bo be pitied also for few fuw people like to have all au inveterate borrower for a neighbor some isomo philosophers and didactic writers strongly advise all never to get into debt good advice 60 far asi usi practicable i cable cabie but it is not always reasonably practicable there are occasions w when ilen lieu a loan of money or mome soni eother cother needed tiling titi tili ligy is Is a great help heip and nobody neither borrower borrow er nor lender uder le is any the tile wore worse but one ono or both ani are much better for it credit if a tiling thing to be availed of as little as conveniently can bej bel be is still a thing of utility some sometimes times timea of great utility it is a tiling thing to be used used as sparingly as you please but not to be in the matter of borrowing moness moneys as it is commonly done dono here rates of interest though honie Honic sometimes times i justifiable asti liable and e essential 4 it is well to bo be especially cautious and slow blow ra rather then ther th in fast to borrow money to engage in in mero more speculation ia 6 haza hazardous idous and the this borrower can expect justification only oldy from I 1 his i is own conviction of th e propriety of doing it tiie tile world will not justify him in it if lie fails fall 4 but rather condemn him strongly and say pitilessly piti lesAy served him right there thero may bu bo times when hen I 1 it L is isal advisable vh able abie to borrow and even ovell to pay high rates of interest it may be better to borrow a 1 little to meet a pressing payment to an exacting creditor than to eli ell bell property at buch such a disadvantage as would woul involve the borrower in in a sacrifice of doi double ible ibie treble trebie or cpa quadruple cua eua druple tho the ilic amount borrowed borrow cd weli the interest ou on the same in such sueh cases eases cadeno no reasonable person would borrowing at interest be bc aure aume the the burrowed borrow ed 8 sum m with the tile interest might bo be paid lil ill iii lii good kuhr muhr KUhl and ld if in property had eventually to W be sold it would give time timet osell it without tho the owner being af pf it at a bac sac sacrifice or at leat least at such buch a it I 1 great sacrifice as li generally attends a forced alid and hurried sali isal there thero The remay romay may abio also bo be luany other occa ecal 0 nus ibrus when itIC it would be advisable for a man to borrow and anti pay interest tp prevent a arloua arlous ari sri sacrifice or to secure H n great advantage but as a rule of ot very general applicability we should say 10 lo do not borrow especially allyan at high rates of or interest unless itis ittis really advisable to do so do not involve yourselves ill in liabilities to secure botne boine merely speculative advantage do not compromise your property only in cases cames in which it may inay io 10 thi the best thing you caudo cando |
