No. 2

FROM John Graham, at the Union Stock Yards in Chicago, to his son, Pierrepont, at Harvard University.
Mr. Pierrepont’s expense account has just passed under his father’s eye, and has furnished him with a text for some plain particularities.

II

Chicago, May 4, 189—

Dear Pierrepont: The cashier has just handed me your expense account for the month, and it fairly makes a fellow hump-shouldered to look it over. When I told you that I wished you to get a liberal education, I didn’t mean that I wanted to buy Cambridge. Of course the bills won’t break me, but they will break you unless you are very, very careful.

I have noticed for the last two years that your accounts have been growing heavier every month, but I haven’t seen any signs of your taking honors to justify the increased operating expenses; and that is bad business—a good deal like feeding his weight in corn to a scalawag steer that won’t fat up.

I haven’t said anything about this before, as I trusted a good deal to your native common-sense to keep you from making a fool of yourself in the way that some of these young fellows who haven’t had to work for it do. But because I have sat tight, I don’t want you to get it into your head that the old man’s rich, and that he can stand it, because he won’t stand it after you leave college. The sooner you adjust your spending to what your earning capacity will be, the easier they will find it to live together.

The only sure way that a man can get rich quick is to have it given to him or to inherit it. You are not going to get rich that way—at least, not until after you have proved your ability to hold a pretty important position with the firm; and, of course, there is just one place from which a man can start for that position with Graham & Co. It doesn’t make any difference whether he is the son of the old man or of the cellar boss—that place is the bottom. And the bottom in the office end of this business is a seat at the mailing-desk, with eight dollars every Saturday night.