JOE STARTS IN BUSINESS
“Do you think you can keep a hotel, Joe?”
asked Morgan.
“I can try,” said Joe promptly.
“Come in, gentlemen,” said the restaurant-keeper.
“We can talk best inside.”
The room was small, holding but six
tables. In the rear was the kitchen.
“Let me see your scale of prices,” said
Morgan.
It was shown him.
“I could breakfast cheaper at Delmonico’s,”
he said.
“And better,” said the
proprietor of the restaurant; “but I find people
here willing to pay big prices, and, as long as that’s
the case, I should be a fool to reduce them.
Yes, there’s a splendid profit to be made in
the business. I ought to charge a thousand dollars,
instead of five hundred.”
“Why don’t you?” asked Morgan bluntly.
“Because I couldn’t get
it. Most men, when they come out here, are not
content to settle down in the town. They won’t
be satisfied till they get to the mines.”
“That seems to be the case with you, too.”
“It isn’t that altogether.
My lungs are weak and confinement isn’t good
for me. Besides, the doctors say the climate
in the interior is better for pulmonary affections.”
“What rent do you have to pay?”
“A small ground-rent. I put up this building
myself.”
“How soon can you give possession?”
“Right off.”
“Will you stay here three days,
to initiate my young friend into the mysteries of
the business?”
“Oh, yes; I’ll do that willingly.”
“Then I will buy you out.”
In five minutes the business was settled.
“Joe,” said Morgan, “let
me congratulate you. You are now one of the
business men of San Francisco.”
“It seems like a dream to me,
Mr. Morgan,” said Joe. “This morning
when I waked up I wasn’t worth a cent.”
“And now you own five hundred dollars,”
said Mr. Morgan, laughing.
“That wasn’t exactly the
way I thought of it, sir, but are you not afraid to
trust me to that amount?”
“No, I am not, Joe,” said
Morgan seriously. “I think you are a boy
of energy and integrity. I don’t see why
you shouldn’t succeed.”
“Suppose I shouldn’t?”
“I shall not trouble myself
about the loss. In all probability, you saved
my life last evening. That is worth to me many
times what I have invested for you.”
“I want to give you my note
for the money,” said Joe. “If I live,
I will pay you, with interest.”
“I agree with you. We
may as well put it on a business basis.”
Papers were drawn up, and Joe found
himself proprietor of the restaurant. He lost
no opportunity of mastering the details of the business.
He learned where his predecessor obtained his supplies,
what prices he paid, about how much he required for
a day’s consumption, and what was his scale
of prices.
“Do you live here, Mr. Brock?” asked Joe.
“Yes; I have a bed, which I
lay in a corner of the restaurant. Thus I avoid
the expense of a room outside, and am on hand early
for business.”
“I’ll do the same,” said Joe promptly.
“In that way you will have no
personal expenses, except clothing and washing,”
said Brock.
“I shall be glad to have no
bills to pay for board,” said Joe. “That’s
rather a steep item here.”
“So it is.”
“I don’t see but I can save up pretty
much all I make,” said Joe.
“Certainly you can.”
In two days Joe, who was naturally
quick and whose natural shrewdness was sharpened by
his personal interest, mastered the details of the
business, and felt that he could manage alone.
“Mr. Brock,” said he,
“you promised to stay with me three days, but
I won’t insist upon the third day. I think
I can get along well without you.”
“If you can, I shall be glad
to leave you at once. The fact is, a friend
of mine starts for the mines to-morrow, and I would
like to accompany him. I asked him to put it
off a day, but he thinks he can’t.”
“Go with him, by all means. I can get
along.”
So, on the morning of the third day, Joe found himself
alone.
At the end of the first week he made
a careful estimate of his expenses and receipts, and
found, to his astonishment, that he had cleared two
hundred dollars. It seemed to him almost incredible,
and he went over the calculations again and again.
But he could figure out no other result.
“Two hundred dollars in one
week!” he said to himself. “What
would Oscar say to that? It seems like a fairy
tale.”
Joe did not forget that he was five
hundred dollars In debt. He went to George Morgan,
who had bought out for himself a gentlemen’s
furnishing store, and said:
“Mr. Morgan, I want to pay up a part of that
debt.”
“So soon, Joe? How much do you want to
pay?”
“A hundred and fifty dollars.”
“You don’t mean to say
that you have cleared that amount?” said Morgan,
in amazement.
“Yes, sir, and fifty dollars more.”
“Very well. I will receive
the money. You do well to wipe out your debts
as soon as possible.”
Joe paid over the money with no little satisfaction.
Without going too much into detail,
it may be stated that at the end of a month Joe was
out of debt and had three hundred dollars over.
He called on the owner of the land to pay the monthly
ground-rent.
“Why don’t you buy the
land, and get rid of the rent?” asked the owner.
“Do you want to sell?” asked Joe.
“Yes; I am about to return to the East.”
“What do you ask?”
“I own two adjoining lots.
You may have them all for a thousand dollars.”
“Will you give me time?”
“I can’t. I want to return at once,
and I must have the cash.”
A thought struck Joe.
“I will take three hours to consider,”
said Joe.
He went to George Morgan and broached his business.
“Mr. Morgan,” he said, “will you
lend me seven hundred dollars?”
“Are you getting into pecuniary
difficulties, Joe?” asked Morgan, concerned.
“No, sir; but I want to buy some real estate.”
“Explain yourself.”
Joe did so.
“It is the best thing you can
do,” said Morgan, “I will lend you the
money.”
“I hope to repay it inside of two months,”
said Joe.
“I think you will, judging from what you have
done already.”
In two hours Joe had paid over the
entire amount, for it will be remembered that he had
three hundred dollars of his own, and was owner of
three city lots.
“Now,” thought he, “I
must attend to business, and clear off the debt I
have incurred. I shan’t feel as if the
land is mine till I have paid for it wholly.”
Joe found it a great advantage that
he obtained his own board and lodging free.
Though wages were high, the necessary expenses of
living were so large that a man earning five dollars
a day was worse off oftentimes than one who was earning
two dollars at the East.
“How shall I make my restaurant
more attractive?” thought Joe.
He decided first that he would buy
good articles and insist upon as much neatness as
possible about the tables. At many of the restaurants
very little attention was paid to this, and visitors
who had been accustomed to neatness at home were repelled.
Soon Joe’s dining-room acquired
a reputation, and the patronage increased. At
the end of the third month he had not only paid up
the original loan of seven hundred dollars, but was
the owner of the three lots, and had four hundred
dollars over. He began to feel that his prosperity
was founded on a solid basis.
One day about this time, as he was
at the desk where he received money from his patrons
as they went out, his attention was drawn to a rough
fellow, having the appearance of a tramp, entering
at the door. The man’s face seemed familiar
to him, and it flashed upon him that it was Henry
Hogan, who had defrauded him in New York.
The recognition was mutual.
“You here?” he exclaimed, in surprise.
“So it seems,” said Joe.
“Is it a good place?”
“I like it.”
“Who’s your boss?”
“Myself.”
“You don’t mean to say this is your own
place?”
“Yes, I do.”
“Well, I’ll be blowed!” ejaculated
Hogan, staring stupidly at Joe.