Thorstein Veblen

The Mastery of Success


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remains as agent for Pennsylvania; enjoys the friendship of the scientific and literary men of the kingdom.

      [HERE THE AUTOBIOGRAPHY BREAKS OFF]

1760 Secures from the Privy Council, by a compromise, a decision obliging the Proprietary estates to contribute to the public revenue.
1762 Receives the degree of LL.D. from Oxford and Edinburgh; returns to America.
1763 Makes a five months' tour of the northern colonies for the purpose of inspecting the post-offices.
1764 Defeated by the Penn faction for reelection to the Assembly; sent to England as agent for Pennsylvania.
1765 Endeavors to prevent the passage of the Stamp Act.
1766 Examined before the House of Commons relative to the passage of the Stamp Act; appointed agent of Massachusetts, New Jersey, and Georgia; visits Göttingen University.
1767 Travels in France and is presented at court.
1769 Procures a telescope for Harvard College.
1772 Elected Associé Etranger of the French Academy.
1774 Dismissed from the office of Postmaster-General; influences Thomas Paine to emigrate to America.
1775 Returns to America; chosen a delegate to the Second Continental Congress; placed on the committee of secret correspondence; appointed one of the commissioners to secure the cooperation of Canada.
1776 Placed on the committee to draft a Declaration of Independence; chosen president of the Constitutional Committee of Pennsylvania; sent to France as agent of the colonies.
1778 Concludes treaties of defensive alliance, and of amity and commerce; is received at court.
1779 Appointed Minister Plenipotentiary to France.
1780 Appoints Paul Jones commander of the "Alliance."
1782 Signs the preliminary articles of peace.
1783 Signs the definite treaty of peace.
1785 Returns to America; is chosen President of Pennsylvania; reelected 1786.
1787 Reelected President; sent as delegate to the convention for framing a Federal Constitution.
1788 Retires from public life.
1790 April 17, dies. His grave is in the churchyard at Fifth and Arch streets, Philadelphia.

      The Way to Wealth

      as clearly shown in the Preface of an old Pensylvania Almanack, intitled, Poor Richard Improved19

       Table of Content

      Courteous Reader,

      I have heard, that nothing gives an author so great pleasure, as to find his works respectfully quoted by others. Judge, then, how much I must have been gratified by an incident I am going to relate to you. I stopped my horse lately, where a great number of people were collected, at an auction of merchants goods. The hour of the sale not being come, they were conversing on the badness of the times; and one of the company called to a plain clean old man, with white locks, 'Pray, Father Abraham, what think you of the times? Will not these heavy taxes quite ruin the country? How shall we ever be able to pay them? What would you advise us to?' — Father Abraham stood up, and replied, 'If you would have my advice, I will give it you in short, "for a word to the wise is enough," as Poor Richard says.' They joined in desiring him to speak his mind, and gathering round him, he proceeded as follows:

      'Friends, says he, the taxes are, indeed, very heavy, and, if those laid on by the government were the only ones we had to pay, we might more easily discharge them; but we have many others, and much more grievous to some of us. We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly; and from these taxes the commissioners cannot ease or deliver us, by allowing an abatement. However, let us hearken to good advice, and something may be done for us; "God helps them that help themselves," as poor Richard says.

      'I. It would be thought a hard government that should tax its people one tenth part of their time, to be employed in its service: but idleness taxes many of us much more; sloth, by bringing on diseases, absolutely shortens life. "Sloth, like rust, consumes faster than labour wears, while the used key is always bright," as poor Richard says. "But dost thou love life, then do not squander time, for that is the stuff life is made of," as poor Richard says. How much more than is necessary do we spend in sleep! forgetting, that "the sleeping fox catches no poultry, and that there will be sleeping enough in the grave," as poor Richard says.

      '"If time be of all things the most precious, wasting time must be," as poor Richard says, "the greatest prodigality;" since, as he elsewhere tells us, "lost time is never found again; and what we call time enough always proves little enough:" let us then up and be doing, and doing to the purpose; so by diligence shall we do more with less perplexity. "Sloth makes all things difficult, but industry all easy; and he that riseth late, must trot all day, and shall scarce overtake his business at night; while laziness travels so slowly, that poverty soon overtakes him. Drive thy business, let not that drive thee; and early to bed, and early to rise, makes a man healthy, wealthy, and wise," as poor Richard says.

      'So what signifies wishing and hoping for better times? We may make these times better, if we bestir ourselves. "Industry need not wish, and he that lives upon hope will die fasting. There are no gains without pains; then help hands, for I have no lands," or, if I have, they are smartly taxed. "He, that hath a trade, hath an estate; and he, that hath a calling, hath an office of profit and honour," as poor Richard says; but then the trade must be worked at, and the calling well followed, or neither the estate nor the office will enable us to pay our taxes. If we are industrious, we shall never starve; for, "at the working man's house, hunger looks in, but dares not enter." Nor will the bailiff or the constable enter, for "industry pays debts, while despair increaseth them." What though you have found no treasure, nor has any rich relation left you a legacy, "diligence is the mother of good luck, and God gives all things to industry. Then plow deep, while sluggards sleep, and you shall have corn to sell and to keep." Work while it is called to-day, for you know not how much you may be hindered to-morrow. "One to-day is worth two to-morrows," as poor Richard says; and farther, "never leave that till to-morrow, which you can do to-day." If you were a servant, would you not be ashamed that a good master should catch you idle? Are you then your own master? Be ashamed to catch yourself idle, when there is so much to be done for yourself, your family, your country, and your king. Handle your tools without mittens; remember, that "the cat in gloves catches no mice," as poor Richard says. It is true, there is much to be done, and perhaps you are weak-handed; but stick to it steadily, and you will see great effects, for "constant dropping wears away stones; and by diligence and patience the mouse ate in two the cable; and little strokes fell great oaks."

      'Methinks I hear some of you say, "must a man afford himself no leisure?" I will tell thee, my friend, what poor Richard says; "employ thy time well, if thou meanest to gain leisure; and since