LONDON, February 5, O. S. 1750

MY DEAR FRIEND: Very few people are good economists of their fortune, and

still fewer of their time; and yet of the two, the latter is the most

precious. I heartily wish you to be a good economist of both: and you are

now of an age to begin to think seriously of those two important

articles. Young people are apt to think that they have so much time

before them, that they may squander what they please of it, and yet have

enough left; as very great fortunes have frequently seduced people to a

ruinous profusion. Fatal mistakes, always repented of, but always too

late! Old Mr. Lowndes, the famous Secretary of the Treasury in the reigns

of King William, Queen Anne, and King George the First, used to

say,--TAKE CARE OF THE PENCE, AND THE POUNDS WILL TAKE CARE OF

THEMSELVES. To this maxim, which he not only preached but practiced, his

two grandsons at this time owe the very considerable fortunes that he

left them.

This holds equally true as to time; and I most earnestly recommend to you

the care of those minutes and quarters of hours, in the course of the

day, which people think too short to deserve their attention; and yet, if

summed up at the end of the year, would amount to a very considerable

portion of time. For example: you are to be at such a place at twelve, by

appointment; you go out at eleven, to make two or three visits first;

those persons are not at home, instead of sauntering away that

intermediate time at a coffeehouse, and possibly alone, return home,

write a letter, beforehand, for the ensuing post, or take up a good book,

I do not mean Descartes, Malebranche, Locke, or Newton, by way of

dipping; but some book of rational amusement and detached pieces, as

Horace, Boileau, Waller, La Bruyere, etc. This will be so much time

saved, and by no means ill employed. Many people lose a great deal of

time by reading: for they read frivolous and idle books, such as the

absurd romances of the two last centuries; where characters, that never

existed, are insipidly displayed, and sentiments that were never felt,

pompously described: the Oriental ravings and extravagances of the

“Arabian Nights,” and Mogul tales; or, the new flimsy brochures that now

swarm in France, of fairy tales, ‘Reflections sur le coeur et l’esprit,

metaphysique de l’amour, analyse des beaux sentimens’, and such sort of

idle frivolous stuff, that nourishes and improves the mind just as much

as whipped cream would the body. Stick to the best established books in

every language; the celebrated poets, historians, orators, or

philosophers. By these means (to use a city metaphor) you will make fifty

PER CENT. Of that time, of which others do not make above three or four,

or probably nothing at all.

Many people lose a great deal of their time by laziness; they loll and

yawn in a great chair, tell themselves that they have not time to begin

anything then, and that it will do as well another time. This is a most

unfortunate disposition, and the greatest obstruction to both knowledge

and business. At your age, you have no right nor claim to laziness; I

have, if I please, being emeritus. You are but just listed in the world,

and must be active, diligent, indefatigable. If ever you propose

commanding with dignity, you must serve up to it with diligence. Never

put off till tomorrow what you can do to-day.

Dispatch is the soul of business; and nothing contributes more to

dispatch than method. Lay down a method for everything, and stick to it

inviolably, as far as unexpected incidents may allow. Fix one certain

hour and day in the week for your accounts, and keep them together in

their proper order; by which means they will require very little time,

and you can never be much cheated. Whatever letters and papers you keep,

docket and tie them up in their respective classes, so that you may

instantly have recourse to any one. Lay down a method also for your

reading, for which you allot a certain share of your mornings; let it be

in a consistent and consecutive course, and not in that desultory and

unmethodical manner, in which many people read scraps of different

authors, upon different subjects. Keep a useful and short commonplace

book of what you read, to help your memory only, and not for pedantic

quotations. Never read history without having maps and a chronological

book, or tables, lying by you, and constantly recurred to; without which

history is only a confused heap of facts. One method more I recommend to

you, by which I have found great benefit, even in the most dissipated

part of my life; that is, to rise early, and at the same hour every

morning, how late soever you may have sat up the night before. This

secures you an hour or two, at least, of reading or reflection before the

common interruptions of the morning begin; and it will save your

constitution, by forcing you to go to bed early, at least one night in

three.

You will say, it may be, as many young people would, that all this order

and method is very troublesome, only fit for dull people, and a

disagreeable restraint upon the noble spirit and fire of youth. I deny

it; and assert, on the contrary, that it will procure you both more time

and more taste for your pleasures; and, so far from being troublesome to

you, that after you have pursued it a month, it would be troublesome to

you to lay it aside. Business whets the appetite, and gives a taste to

pleasure, as exercise does to food; and business can never be done

without method; it raises the spirits for pleasures; and a SPECTACLE, a

ball, an assembly, will much more sensibly affect a man who has employed,

than a man who has lost, the preceding part of the day; nay, I will

venture to say, that a fine lady will seem to have more charms to a man

of study or business, than to a saunterer. The same listlessness runs

through his whole conduct, and he is as insipid in his pleasures, as

inefficient in everything else.

I hope you earn your pleasures, and consequently taste them; for, by the

way, I know a great many men, who call themselves men of pleasure, but

who, in truth, have none. They adopt other people’s indiscriminately, but

without any taste of their own. I have known them often inflict excesses

upon themselves because they thought them genteel; though they sat as

awkwardly upon them as other people’s clothes would have done. Have no

pleasures but your own, and then you will shine in them. What are yours?

Give me a short history of them. ‘Tenez-vous votre coin a table, et dans

les bonnes compagnies? y brillez-vous du cote de la politesse, de

d’enjouement, du badinage? Etes-vous galant? Filex-vous le parfait amour?

Est-il question de flechir par vos soins et par vos attentions les

rigueurs de quelque fiere Princesse’? You may safely trust me; for though

I am a severe censor of vice and folly, I am a friend and advocate for

pleasures, and will contribute all in my power to yours.

There is a certain dignity to be kept up in pleasures, as well as in

business. In love, a man may lose his heart with dignity; but if he loses

his nose, he loses his character into the bargain. At table, a man may

with decency have a distinguishing palate; but indiscriminate

voraciousness degrades him to a glutton. A man may play with decency; but

if he games, he is disgraced. Vivacity and wit make a man shine in

company; but trite jokes and loud laughter reduce him to a buffoon. [see

Mark Twain’s identical advice in his ‘Speeches’ D.W.] Every virtue, they

say, has its kindred vice; every pleasure, I am sure, has its neighboring

disgrace. Mark carefully, therefore, the line that separates them, and

rather stop a yard short, than step an inch beyond it.

I wish to God that you had as much pleasure in following my advice, as I

have in giving it you! and you may the more easily have it, as I give you

none that is inconsistent with your pleasure. In all that I say to you,

it is your interest alone that I consider: trust to my experience; you

know you may to my affection. Adieu.

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