288 



NEW ENGLAND FARMER, 



MARQH 14, IPS 



S^IgS^ISI£>l£.^'^^8 



From the Boston Transciipt. 

 THE LAST POTATO. 



'T is my last, last potato ! 

 Yet boldly I stand 

 With tlie calmness of Ciito, 

 My fork in my hand. 



Not one in tlio basket.' 



Must xjou also go? 



(With sorrow I i>sk it,) 



Shall I peel ye, or no? 



1 could relish a cold one ; 



I'm hungry I find. 



You may go to the Old One ! 



I 've made up my mind. 



By Heavens '. to dash ye 

 At once to the ground, 

 Seems cruel : 1 'II mash ye ! 

 Perhaps, — ye 're unsound. 



Let 's make an incision ; 

 (There 's no need to peel ye) 

 'T will let in the vision, 

 To judge if yc 're mealy. 



How wholesome ! how turfy 



It smells through the mist ! 



Good bye, my sweet Murphy ! 



Oh, who could resist ? 



If, in that blest Eden, 



Potatoes, had been 



Of Fruits the forbidden, 



We still should have sin :-— 



For who in his senses, 

 Would long be in doubt, 

 'Twiit Earth with potatoes. 

 Or Eden without. 



CAPITAL. 



Ah ! liut he has no capitnl to begin with ! 

 Very often, very often we hcnr ibis sai<l ; ami ut- 

 tere.l in such piteoug tones, that we aic in such 

 cases aln.ost tempted to ask, what extiaonlinary 

 and melancholy destitution dcs this young man, 

 who is tbns compassionated, lalmr under; or 

 what singular calamity has befnlien biin, that be 

 is thus held up as the victim of misfortune ? 



He has ordinary talents and ca^raoity for labor; 

 he has health and strength ; be has ctijnyed and 

 improved the advantages of a usefuj -education ; 

 he has acquired, or is in the way of acquiring, a 

 respectable and good traile ; he is tiflt the slave of 

 Any bad habits ; and above all things his charac- 

 ter is good, and be lias lived without reproach. 

 But because be has no moneded capital, you choose 

 to pity bini: now 1 entreat you, reserve your 

 compassion for some more worthy object. He 

 docs not demand your pity half so much as your 

 congratulation. He is much more an object of 

 envy than of pity. " 15ut bo has no capital." 

 Now what is capital ? In respect to trade, or 

 the business of acquiring wealth, capital is the 

 means or instrument of acquisition and accumu- 

 lation, and is generally applie.l to the money or 

 property on band not recpiin.d to be consumed 

 lor immediate subsistence, but which we can use 

 or a-pply for the purposes of b.'getting more. In 

 an agricultnial view, band which we may render 

 productive by cultivation, or the seed which we 

 cast into the ground, and which, under favorable 



circumstances of situation, season, and culture, 

 will multiply and return to us very often a hun- 

 dred or a thousand fold, is capital. In a com- 

 mercial view, capital is property beyond the 

 wants of immediate subsistence, which you can 

 invest in goods or articles of trade, and hold 

 them in your possession, until under favorable 

 circumstances vou can sell, or exchange, and 

 realize the profits of such adventure. Capital, 

 in short, is money on band, or the reserved profits 

 of former labor, and speculation, or trade, which 

 you can use for other and further jiurposes ol 

 trade and accumulation, and be able to wait its 

 returns. But there is much other capital besides 

 land or money. l>ery means of accumulation 

 should be consiilered as so much capital. There 

 is another agent in trade of equal power, as a 

 means of accumulation, as money, and that is 

 credit. This is often even far better than a mon- 

 eyed capital. This will enable you, as far as you 

 ought to desire it, to command the moneyed cap- 

 ita? of other men, as if it were your own, and to 

 use it for your benefit and theirs ; and where it 

 is based upon those substantial qualities of char- 

 acter, which form the only just and sure founda- 

 tion of credit,— namely, truth, honor, industry, 

 frugality, exactness, or punctuality,— it may be 

 used with equal success and propriety as the in- 

 istrument of accumulation, ns the heaped up 

 thousands which lay in the coffers of the most 

 affluent. 



Everything in relation to matters of trade, and 

 the pursuits of wealth, which is a means of ac- 

 cumulation, is capital. Now let us see, then, 

 with what propriety it can be said of this young 

 man of whom we have spoken, though he has no 

 money at bis entrance into life, that he has no 

 capital ; or rather, let us see what renders him 

 an object of compassion. 



He has youth, health, and ability. These all 

 enable him to labor, and labor will command its 

 reward. He has habits of frugality, which will 

 lead to exi.end carefully, and lay up the surplus 

 wages of labor,— that is, the surplus beyond his 

 immediate necessities. He has the elements of a 

 good educatiou ; this furnishes him the means of 

 acquiring more knowledge, and knowledge is al- 

 ways power. He has an ait or trade; and this 

 gives him an immense advrntage, and puts it in 

 bis power to apply his labor and faculties with far 

 more advantage and profit than he coiihl without 

 it. He is not the slave of any bad habits ; his 

 gains therefore are not insensibly creeping away 

 from him. Above all, bo has good character ; 

 this will give him credit. Habits of industry, 

 frugality, and exactness, will secure, eslablish, and 

 increase bis credit to all the extent he should de- 

 sire ; and give him the command of the property 

 of others. All this, then, is capital— capital of 

 the host kind. A purely moneyed capital may pass 

 away from him a thousand contingencies ; but 

 this "other capital, which I choose to call a moral 

 capital, is under bis own control, secure from all 

 the fluctuntions and vicissitudes of trade and bu- 

 siness, an<l never can be taken from him without 

 his own consenr. 



For a young man to be placed at once in the 

 possession of a large moneyed ca()ital at his setting 

 out in business, though it may be highly gratify- 

 ing to bis vanity, is extremely hazardous to bis 

 virtue. I have known in such cases innumerable 

 instances of deplorable failure and bankruptcy. 

 The passion for speculation, over-trading, and 



extraordinary gains, to wliicb they are excited by 

 the possession of a large moneyed capital at setting 

 out, leads men into a thousand risks, which they 

 cannot encounter without extreme peril. On the 

 other ban.l, those habits of care and camion, 

 which small means, and gradual and moderate 

 earnings beget, are a sure foundation of increase 



and securitv. 



Large means and extensive specnlation.s, where 

 the possessor has had no lessons in a humbler 

 sphere, nor been compelled by an early and stern 

 necessity to procee.l with the greatest cinilion, al- 

 most inevitably lead to habits of wasteful expen- 

 diture. " Many estates are spent in the getting." 

 Wealth and accumulation depend as much upon 

 saving as upon gaining. 



To say of a young man therefore, coming into 

 life" with health, strength, capacity for labor, a 

 good education, a useful and respectable trade, 

 habits of sobriety and frugality, and above all a 

 good and unsullied character, that he has no capi- 

 tal, is a gross absurdity and error. He has the 

 best of all capital— a moral capital; the noblest 

 of all i)Ower — moral power ; he has the most 

 certain means of honest and honoralile accumu- 

 lation and fortune, and may be sure, under cir- 

 eumstinces ordinarily propitious, to rise to that 

 competency of influence, respect and general con- 

 fidence, and that honorable measure ol wealth 

 an<l independence, which should fully satisfy a 

 reasonable and virtuous ambition. H. C. 



i-HVlT TREES, ORNAMENTAL. TREES, MORUSH 

 MtJL.TICAUl.IS, &.C. 



For sale by the subscriber. The varieties, par- 



ii^ ticularly ol ilie Penrs and tile Plums were never 



fe before so fine, the nssollinent so complete. Al- 



so of Apples, Pe.iclies, Cherries, Grape vines, a 



_ superior assortment of finest kinds, and of all 



other hardy fruits. . 



20 000 Moms Miilticauhs or Chinese Mulberry trees can 

 still be furnished al the cuslomaiy prices, .f applic.l foi eaily. 

 this being all diat now remain unsold. , „ , 



Ornamoutal Trees and Shrubs, Roses and Herbaceoui 

 plants, of the most beautiful hardy kinds. Splendid Pteonie. 

 and Double Dahlias. „„ „ , , .- n i 



4 000 Cockspnr Thorns, 10,000 Bncktliorns for Ile<Iges. 



800 Lancashire Gooseberries, of various colors and tint 



""'Harrison's Double Yellow Roses, new and hardy, coloi 

 fine, it never fails to bloom profusely. „ ,• . 



Trees packed in the most perlect manner for all (listall 

 places and shipped or sent IVom Boston to wherever ordered 



TransportatiLM to the Cily without charge. 



Address by mail posi paid. 



Catalogues will be sent grat.s '-j'j^-'j-rn^- ^^j^K. 



Nursery, Nonanlum Hi I, Newton, Jau, 24, 18-38 



BOOK OP I-RUITS, BY MR MANNING 



In press and will be issaed early in April, by Ives and Jew 

 ett. Booksellers, Salem, Mass ; The Book of Fruits, mil 

 plates- beiii' a Descriptive Catalogue o I the most valuaUl 

 varieties of the Pear, Apple, Peach, Plum ami Cherry, fo 

 N«w England culture, by Robert Manning, to wluch is added 

 The Guo''seberry, Currant, Raspberry, and the Grapes, wil 

 their modes of culture, &e. , c.. u 

 Also, Hardy, Ornamental Trees, and Shrubs 

 Feb. 7, 1 837. 



\VA^TED 



To take charge of a small Farm, a single man of sk. 

 induslry and good habits. To a suitable man the place w 

 be .an excellent one. Apply immediately at the N. fc.. Farm 

 Office. M'"^'^'"- ^ 



TUB NE\V ENGLAND PARMER 



Is published ever} Wednesday Evening, al $3 per annB 

 pavable at the end of the year— but those who pay wilhiii »l 

 ty days from ilie time of subscribing, are enlitled to a dedi) 

 lion of 50 cents. 



i»f-<Ml«f »»*'""'«'• Bentittl tr Chitholm, 



n SCIIOOl. STREKT BOSTON. 



ORDERS FOR rBIMTlKC RKCEIVID BT THB POBLISMI 



