,inv5tors ,inv5tions ,by ,h5ry ,rob9son ,illu/rations by ,t4 ,m4 ,flem+ ,illu/ration ,publi%$ by ,h5ry ,rob9son #da ,we/ #cc;d ,/reet ,new ,york1 ,n4 ,y4 #aiaa ,,copyright1 #aiaa ,,by ,h4 ,,rob9son #da ,,we/ #cc;,d ,,/reet ,,new ,,york1 ,n4 ,y4 ,cont5ts ,,*apt] #a ,,successful ,,inv5tion ,,*apt] #b ,,ma*9e ,,design+ ,,*apt] #c ,,f9anc+ ,a ,,new ,,inv5tion ,,*apt] #d ,,m>ket+ ,a ,,new ,,inv5tion ,,*apt] #e ,,det]m9+ ,,! ,,sell+ ,,price ,,( ,a ,,newly ,,inv5t$ ,,article ,,*apt] #f ,,(fice ,,managem5t ,,& ,,bus9ess ,,policies ,,*apt] #g ,,div]s ,,ways ,,( ,,exploit+ ,,an ,,inv5tion ,,*apt] #h ,,useful ,,po9t]s ,,on ,,successful ,,manufactur+ ,,*apt] #i ,,w>n+ ,,to ,,prospective ,,inv5tors ,,*apt] #aj ,,advice ,,to ,,inv5tors ,,on ,,inv5tions ,,*apt] #aa ,,g5]al ,,def9ition ,,& ,,classification ,,( ,,inv5tions ,,*apt] #ab ,,! ,,glory ,,( ,,inv5tion ,,& ,,pictures ,,( ,,celebrat$ ,,inv5tors ,,& ,,sci5ti/s ,,*apt] #ac ,,h[ ,,to ,,inv5t ,,*apt] #ad ,,h[ ,,to ,,make ,,sket*es ,,& ,,specifications ,,*apt] #ae ,,! ,,necessity ,,( ,,compet5t ,,eng9e]+ ,,= ,,successful ,,inv5tion ,,*apt] #af ,,p]t ,,po9t]s ,,= ,,prospective ,,inv5tors ,,t ,,w ,,be ,,f\nd ,,helpful ,,*apt] #ag ,,protection ,,( ,,an ,,inv5tion ,,*apt] #ah ,,v>i\s ,,ways ,,employ$ ,,to ,,*eat ,,& ,,rob ,,inv5tors ,,*apt] #ai ,,gov]nm5t ,,connivance ,,at ,,! ,,despoil+ ,,( ,a ,,poor ,,inv5tor ,,*apt] #bj ,,old ,,& ,,common ,,tricks ,,employ$ ,,to ,,d ,,an ,,inexp]i5c$ ,,inv5tor ,,*apt] #ba ,,! ,,root ,,( ,,! ,,evil ,,*apt] #bb ,,comp>ative ,,legal ,,protection ,,af=d$ ,,to ,,m5tal ,,& ,,physical ,,prop]ty ,,*apt] #bc ,,! ,,utt] ,,helplessness ,,( ,a ,,poor ,,inv5tor ,,to ,,obta9 ,,ju/ice ,,*apt] #bd ,,public ,,attitude ,,t[>ds ,,him ,,:o ,,/eals ,,physical ,,& ,,to ,,! ,,"o ,,:o ,,/eals ,,m5tal ,,prop]ty ,,*apt] #be ,,pres5t ,,available ,,means ,,( ,,protect+ ,,an ,,inv5tion ,,*apt] #bf ,,comp>ative ,,gov]nm5t ,,treatm5t--,a ,,b\nty ,,= ,,rais+ ,,sug> ,,beets1 ,,b ,a ,,tax ,,on ,,inv5tions ,,*apt] #bg ,,society',s ,,debt ,,to ,,! ,,inv5tor ,,*apt] #bh ,,comp>ative ,,protection ,,giv5 ,,by ,,! ,,gov]nm5t ,,*apt] #bi ,,! ,,law',s ,,def9ition ,,( ,,prop]ty--,,& ,,public ,,policy ,,*apt] #cj ,,! ,,successful ,,inv5tor ,,*apt] #ca ,,comp>ative ,,treatm5t ,,! ,,_w ,,accords ,,to ,,!m1 ,,& ,,summ>y ,illu/rations ,,by ,,h5ry ,,rob9son ,,eng9e] ,,& ,,inv5tor #e ,a4 ,g4 ,,arnold1 ,esq4 #g ,,! ,,successful ,,inv5tor ,,! ,,unsuccessful ,,inv5tor #ab ,,! ,,/eps ,,by ,,:i* ,,he ,,is ,,requir$ ,,to ,,climb ,,& ,,m\nt ,,t ,,desir$ ,,em95ce4 #ad ,,inv5tors ,,seldom ,,h ,,any?+ ,,outside ,,( ,,_! ,,aspirations ,,& ,,prospects4 #af ,,f9ance ,,m9i/]s4 #ag ,,vision ,,suffici5tly ,,p5etrat+ ,,to ,,detect ,,! ,,nigg] ,,9 ,,! ,,woodpile4 #ba ,,no ,,"o ,,poor ,,en\gh ,,to ,,d ,,8 ,,inv5tion ,,rev]5ce4 #ba ,a ,,bird ,,9 ,,! ,,h& ,,is ,,wor? ,,two ,,9 ,,! ,,bu%4 #bg ,,! ,,good ,,w ,,& ,,well ,,wi%es ,,( ,,^? ,,:o ,,help$ ,,create ,,x4 #bi ,,num]\s ,,& ,,deep ,,are ,,! ,,pitfalls ,,t ,,! ,,w\ld-,,be-,,successful ,,inv5tor ,,mu/ ,,avoid4 #ca ,,victims ,,con/antly ,,?r[n ,,up ,,by ,,! ,,waves ,,( ,,passion ,,& ,,folly1 ,,on ,,! ,,/]ile ,,%ore ,,( ,,human ,,indiff]5ce4 #ce ,,%ort ,,& ,,easy ,,cut ,,to ,,opul5ce ,,& ,,ease4 #ce ,,:o ,,c ,,fa?om ,,or ,,set ,a ,,limit ,,to ,,! ,,+5uity ,,( ,,t ,,div9e ,,creation1 ,,! ,,human ,,bra98 ,,none ,,b ,,its ,,creator4 #cg ,,our ,,ord9>y ,,ev]yday ,,me*anical ,,utilities ,,w\ld ,,be ,,consid]$ ,,magic ,,by ,,him ,,:o ,,wrote--,,!re',s ,,no?+ ,,new ,,"u ,,! ,,sun4 #cg ,,newton4 #eg ,,h]s*el4 #eg ,s4 ,f4 ,b4 ,,morse4 #eg ,,rob]t ,,fulton1 ,,inv5tor ,,( ,,! ,,/eamboat4 #eg ,,b5j4 ,,frankl94 #eg ,,elias ,,h[e4 #eg ,,jas4 ,,watt4 #eg ,,"l ,,kelv94 #eg ,,?os4 ,a4 ,,edison4 #eg ,,sig4 ,,m>coni4 #eg ,,sir ,h4 ,,bessem]4 #eg ,c4 ,h4 ,,mc ,,cormick4 #eg ,,pr(essor ,,huxley4 #eg ,,humboldt4 #eg ,,*as4 ,,d>w94 #eg ,,seym\r ,m4 ,,bonsall4 #eg ,,an ,,intellig5t ,,& ,,prud5t ,,inv5tor ,,w ,,c>efully ,,note ,,8 ,,own ,,capacity4 #fa ,,obs]ve ,,ev]y?+ ,,c>efully4 ,,try ,,to ,,rememb] ,,ev]y?+ ,,y ,,see4 ,,reason ,,logically4 ,,d ,,n ,,ov]look ,,details4 #fc ,,don',t ,,imag9e ,,y\rself ,a ,,solomon4 #fc ,,! ,,eagle ,,& ,,! ,,jackdaw4 ,,don',t ,,bite ,,(f ,,m ,,?an ,,y ,,c ,,swall[4 #fc ,,don',t ,,set ,,y\rself ,a ,,quixotic ,,task4 #fc ,,don',t ,,g ,,ab\t ,,) ,a ,,face ,,z ,,solemn ,,& ,,anxi\s ,,z ,,?\gh ,,y ,,7 ,,atlas4 #fc ,,%e ,,wants ,,to ,,be ,,%[n4 #fc ,,%e ,,w ,,n ,,be ,,sl[ ,,9 ,,h&+ ,,y ,,up ,,! ,,sug> ,,lumps4 #fc ,,to ,,ca/ ,,aside ,,:5 ,,y ,,become ,,successful ,,! ,,%>] ,,( ,,y\r ,,e>ly ,,pov]ty ,,& ,,/ruggles4 #fc ,,y ,,w ,,be ,,great] ,,by ,,n ,,foll[+ ,,anybody',s ,,example ,,9 ,,t ,,respect4 #fc ,,only ,a ,,temp]ate ,,ab/emi\s ,,regime ,,( ,,life ,,c ,,give ,,! ,,heal?y ,,bra94 #fc ,,don',t ,,=get ,,! ,,p ,,y ,,knew4 #fc ,,! ,,swipe+ ,,mfg4 ,,co4 ,,h ,,/ol5 ,,my ,,inv5tion4 #hj ,,we ,,mu/ ,,h #ajjj ,,doll>s ,,z ,a ,,reta9+ ,,fee4 #hj ,,def5d$ ,,9 ,,c\rt 99 99 99 99 ,,on ,,te*nicalities4 #hj ,,! ,,exploit]s ,,( ,,8 ,,inv5tion ,,c ,,enjoy ,,_! ,,ill-,,gott5 ,,ga9s ,,) ,,impunity4 #hj ,,:y1 ,,oh ,,:y1 ,,is ,,! ,,/eal+ ,,( ,,"o ,,k9d ,,( ,,prop]ty ,a ,,crim9al ,,(f5se1 ,,ano!r ,,only ,a ,,civil ,,tort8 #he ,,b ,,is ,,x ,,diff]5t ,,oh6 ,,n[6 ,,if ,,! ,,/ol5 ,,prop]ty ,,is ,a ,,m5tal ,,in/ead ,,( ,a ,,h& ,,product8 #hf ,,! ,,_w ,,is ,,usually ,,m ,,m9dful ,,( ,,! ,,man ,,) ,,! ,,big ,,/ick1 ,,?an ,,) ,,! ,,big ,,grievance4 #hh ,,diff]5ce ,,9 ,,! ,,treatm5t ,,met$ ,,out ,,by ,,our ,,gov]nm5t ,,to ,,him ,,:o ,,r5d]s ,,s]vices ,,to ,,society1 ,,by ,,digg+ ,,9 ,,! ,,dirt1 ,,& ,,to ,,him ,,:o ,,uses ,,! ,,bra94 #ij ,,has ,,n ,,! ,,+5uity ,,( ,,! ,,inv5tor ,,enabl$ ,,ev5 ,,! ,,f>m] 99 99 99 ,,to ,,get ,,great] ,,returns ,,= ,,8 ,,labor8 99 99 99 ,,has ,,he ,,n ,,made ,,8 ,,"w ,,light] ,,& ,,has ,,he ,,n ,,enabl$ ,,him ,,to ,,get ,,m ,,( ,,! ,,good ,,?+s ,,( ,,?is ,,_w8 #ib ,,?r\gh ,,! ,,inv5tor',s ,,+5uity ,,& ,,indu/ry ,,?is ,,c\ntry ,,has ,,atta9$ ,,its ,,mighty ,,pot5cy ,,9 ,,w>4 #ic ,inv5tors & ,inv5tions ,illu/ration ,,by ,,h5ry ,,rob9son ,,eng9e] ,,& ,,inv5tor #aiaa ,,d$icat$ ,,to ,,my ,,fri5d ,,& ,,b5efactor ,a4 ,g4 ,,arnold1 ,,esq4 ,illu/ration3 ,a4 ,g4 ,,arnold4 ,,esq4 ,preface ,! object ( publi%+ ?is pamphlet is to awak5 ! public consci5ce to ! great inju/ice cont9ually be+ done to a num]\s & wor?y class ( intellectual toil]s1 & ! evil result+ f ! same to ! g5]al public4 ,if p]*ance ?is w help to rem$y ! wrong to any ext5t1 ! au?or w feel amply repaid = ! tr\ble & exp5se incurr$ 9 po9t+ x out to ! public4 ,respectfully y\rs ,,! ,,au?or ,h4 ,rob9son ,,*apt] #a ,,successful ,,inv5tion ,a v l>ge numb] ( p 9 & out ( ! me*anical pr(ession are int5sely eag] to "k h[ to become successful inv5tors4 ,weal?1 honor & glory are ! rew>d ( ! successful4 ,disappo9tm5t1 drudg]y1 oblivion1 & pov]ty are (t5 ! portion ( ! less =tunate ones4 ,_m ( ! latt] fooli%ly attribute ! great] measure ( success to _! fell[-work]s 9 ! same *os5 field ( usefulness to luck1 :i* is f> f ! tru?1 & to t fallaci\s belief !y (t5 owe _! own less favor$ condition4 ,x is also an inju/ice to ^? :o h rea*$ ! summit2 z !re is "o1 & only "o road t leads to x1 & :i* !y all h to take1 & its "n is ,endeavor4 ,!re are num]\s fictiti\s def9itions ( ! successful inv5tor1 & yet !re is b "o true gauge & te/ ( m]it t entitles "o to memb]%ip 9 ! none-too-num]\s & select frat]nity4 ,?is te/ is ! ability ( produc+ a comm]cially successful inv5tion4 ,t ,ability is b ! conc5trat$ "n = ! possession ( num]\s requirem5ts1 compris+ a va/ & v>i$ k1 !oretical1 sci5tific1 & practical1 n only ( ! v>i\s me*anical bran*es necess>y = successful ma*9e design+1 b ( ! art & conditions = ! manipulation ( t product = :i* a ma*9e is design$1 ) or )\t t ma*9e1 & ! newly design$ ma*9e's economic relation to ! same4 ,!n secur+ ! necess>y co-op]ation ( f9ancial means mu/ be att5d$ to2 introduc+ ! newly hat*$-out novelty into ! m>ket1 compell+ its adoption & g5]al use1 = its purpose1 & organiz+ ! prop] fabric = its production effici5tly & economically4 ,illu/ration3 ,,! ,,successful ,,inv5tor ,,! ,,unsuccessful ,,inv5tor ,la/1 b n lea/1 !re mu/ be secur$ ! possession ( a fair %>e ( its b5efits to its orig9ator1 & to ^? f9ancial int]e/s necess>y 9 ! production & m>ket+ ( a successful inv5tion4 ,all ( ^! accompli%m5ts are ! necess>y elem5ts & attributes ( ! successful inv5tor1 & are ! /eps by :i* he is requir$ to climb & m\nt t desir$ em95ce & ?r\gh ! skipp+ or miss+ ( any "o ( ^? /eps1 _m aspir+ climb]s h be5 hurl$ headlong to ! bottom ( ! abyss j z !y 7 )9 rea* ( ! goal4 ,no matt] h[ naturally favor$ "o may be1 nev] has nature s favor$ any individual z to be/[ on him ^? necess>y accompli%m5ts gratis4 ,x is "o ( ! greate/ anomalies ( human nature1 t ! p]=mance ( mo/ difficult tasks1 requir+ = _! consummation num]\s & r>e atta9m5ts1 are cont9ually und]tak5 by ^? :o are lea/ qualifi$ to p]=m !m4 ,lur$ by ! glitt]+ rew>d ( ! few successful ones1 !y try to ga9 by *ance :at c only be ga9$ by "w4 ,,*apt] #b ,,ma*9e ,,design+ ,:ile ! elem5ts ( success 9 actual eng9e]+ are g5]al1 compris$ by k ( well-kn[n sci5ces & arts2 yet ! accompli%m5ts ( _! und]tak+ mu/ necess>ily be /amp$ ) ! individuality ( its creator1 & along ^? l9es t repeat$ exp]i5ces h f\nd necess>y1 to insure success4 ,9 inv5t+ & design+ a new ma*9e1 "o mu/ fir/ ?or\ghly famili>ize himself ) its desir$ p]=mance1 z ! success or failure ( 8 me*anical creation dep5ds on h[ ne>ly p]fect t p]=mance is1 comp>$ to e/abli%$ or desir$ /&>ds2 & ! p]=mance ( t ma*9e :5 made w truly d5ote h[ well its design] und]/ood x1 & 8 skill 9 me*anical manipulation to produce x4 ,illu/ration3 ,,! ,,/eps ,,by ,,:i* ,,he ,,is ,,requir$ ,,to ,,climb ,,& ,,m\nt ,,t ,,desir$ ,,em95ce ,ano!r important item ( calculation mu/ be ! relative value ( ! probable production ( ! ma*9e1 its quantity & quality1 to ! co/ ( ! ma*9e4 ,c>eful consid]ation mu/ be giv5 to ! work+ conditions ! ma*9e w h to be adapt$ to4 ,^! mu/ include a c>eful /udy ( ! sub/ance to be work$ ^u 9 ! ma*9e1 its regul>ity or irregul>ity 9 %ape1 its con/ant or *ang+ conditions "u v>i\s environm5ts or seasons1 & its g5]al peculi>ities4 ,! co/ ( manipulat+ ! ma*9e mu/ be consid]$1 t is1 ! requir$ am\nt ( p[] = its propulsion1 & ! co/ ( ma9ta9+ its effici5t me*anical p]=mance = a c]ta9 am\nt ( production1 or its durability1 & its pron5ess to get out ( ord]4 ,nor mu/ "o fail to take into acc\nt ! requir$ intellig5ce & skill to op]ate x4 ,:ile con/antly & c>efully be>+ 9 m9d ! be=e-m5tion$ objective po9ts1 ! prospective successful inv5tor 9 design+ 8 ma*9e1 mu/ c>efully aim = *eapness ( con/ruction1 :i* c only be prop]ly accompli%$ by design+ ! v>i\s me*anical p]=mances ( ! ma*9e ) ! lea/ numb] ( p>ts1 & ( ! simple/ =m1 requir+ = _! prop] production ! lea/ am\nt & *eape/ k9d ( labor 9 ! ,patt]n ,%op1 ,f\ndry1 & ,ma*9e ,%op1 &1 next to ! creat+ ( effici5t & durable ma*9es1 ! greate/ ord] ( skill 9 a ma*9e design] is requir$ 9 produc+ simple & *eap me*anical designs4 ,& yet ?is is n all t is requir$ f him1 ev5 9 ! me*anical l9e1 b he mu/ h su* me*anical movem5ts & p>ts 9 8 ma*9e1 z w enable him to secure a good pat5t on x1 :i* w insure him protection1 at ! same "t c>efully & absolutely avoid+ any possible infr+em5t on o!rs4 ,9 a measure t c be avoid$ by look+ up ! copies ( pat5ts ( simil> inv5tions4 ,ano!r important factor 9 det]m9+ ! g5]al design ( a ma*9e1 is ! probable m>ket = ! same1 z t mu/1 9 a great measure1 decide ! ju/ifiable exp5diture = ! initial or fir/ g5]al co/1 = br++ ! successful ma*9e into be+4 ,illu/ration3 ,,inv5tors ,,seldom ,,h ,,any?+ ,,outside ,,( ,,_! ,,aspirations ,,& ,,prospects4 ,s mu* = ! me*anical or eng9e]+ "p ( ! inv5tion4 ,,*apt] #c ,,f9anc+ ,a ,,new ,,inv5tion ,! next important "p is ! f9ancial side ( x4 ,! e/imate = ?is mu/ necess>ily v>y ) ! int5d$ mode ( disposal ( ! prospective inv5tion aft] its p]fection4 ,if x is ! int5tion ( ! inv5tor to dispose ( 8 inv5tion aft] x is p]fect$1 ! exp5se c be approximately e/imat$1 & 9 _m cases w be mod]ate1 ( c\rse v>y+ ) ! nature ( ! inv5tion4 ,b if x is ! int5tion to manufacture x1 create & supply a m>ket = x1 ! requir$ capital w always be consid]able4 ,= _m obvi\s reasons1 x is consid]$ advantage\s = ! pr(itable exploitation ( an inv5tion to h ! f9ancial end ( x "u a sep>ate head1 :i* is g5]ally ! case4 ,usually ?is is mak+ a virtue ( necessity1 z inv5tors seldom h any?+ outside ( _! aspirations & prospects1 :e!r x is t necessity is ! "m ( inv5tion1 or t ,inv5tion is ! "m ( necessity1 is some?+ t physiologi/s h n q det]m9$4 ,b 9 any ev5t1 ! prospective successful inv5tor mu/ provide himself ) a f9ance m9i/]1 v>i\sly designat$ z ,angel1 ,back]1 or ,octopus4 ,?is "p ( ! inv5tive problem1 to _m an inv5tor1 is insolvable = _m reasons4 ,to solve x successfully requires good insight1 & judgm5t ( human nature4 ,ability to imp>t "o's own en?usia/ic aspirations1 & to keep x up1 requires diplomacy & tact4 ,illu/ration3 ,,f9ance ,,m9i/]s4 ,b solve ! problem he mu/ if ! inv5tor wants to be successful1 & v>i\s means h be5 employ$ to d s4 ,"o ( !m1 :i* is probably z good z any1 is = ! ent]pris+ inv5tor to divide t "p ( 8 problem into two or sev]al p>ts4 ,if he _c comm& a l>ge am\nt at once1 he w devote 8 en]gies to int]e/+ successively small am\nts1 :i* w enable him to c>ry on ! developm5t ( 8 inv5tion f "o /age to ano!r2 ea* "t advanc+ x fur!r1 becom+ /rong]1 & %[+ enhanc$ prospects4 ,to sell to ea* successive ,back] ! int]e/ ( 8 pr$ecessor1 & if ! pr$ecessor's money has be5 us$ to good advantage1 t c be done pr(itably1 & to ! satisfaction ( ev]ybody conc]n$1 z well z increas+ ! available means = c>ry+ on ! exploitation ( ! inv5tion4 ,t is "o ( ! ways by :i* an inv5tor c provide himself /eadily ) "s "o to take c>e ( ! f9ance portfolio 9 8 cab9et4 ,ano!r1 b f> m haz>d\s way1 is to resort to ! pr(essional promot]4 ,great c>e1 h[ev]1 mu/ be tak5 by ! inv5tor 9 ^! v>i\s f9ancial transactions1 :i* necess>ily include ! mak+ & sign+ ( v>i\s contracts & legal in/rum5ts1 t 8 entire inv5tion z well z himself are n entirely absorb$ by o!rs4 ,z compet5t & reliable legal advice may n always be )9 8 rea*1 he mu/ be able to make contracts advantage\sly1 & above all to be ! possessor ( a vision suffici5tly p5etrat+ to detect ! nigg] 9 ! woodpile1 9 any pap] be=e he signs x4 ,,*apt] #d ,,m>ket+ ,a ,,new ,,inv5tion ,! value & success ( an inv5tion dep5ds ^u its demon/rat$ usefulness to ^? = ^: use x is int5d$1 & _! desire to avail !mselves ( ! same4 ,x v (t5 devolves on ! inv5tor to give t value to x1 a task :i* w n be f\nd easy1 especially to ! novice4 ,! fir/ necess>y /eps to =ce an inv5tion into ! m>ket is to procure z _m repres5tative ref]5ces f p us+ 8 inv5tion z possible4 ,?is may necessitate plac+ 8 ma*9e on trial = a c]ta9 l5g? ( "t1 & p]sonally demon/rat+ its usefulness2 also educat+ o!r op]ators to op]ate 8 ma*9e advantage\sly4 ,illu/ration3 ,,vision ,,suffici5tly ,,p5etrat+ ,,to ,,detect ,,! ,,nigg] ,,9 ,,! ,,woodpile4 ,! inv5tor w f9d ample opportunity to display 8 =ebe>ance at ?is /age ( ! game1 z he w f9d at ! beg9n+1 no "o poor en\gh to d 8 inv5tion rev]5ce4 ,& x is "o ( ! /range ?+s t "o obs]ves 9 life1 t _m p :o h n suffici5t en]gy & intellig5ce to raise !mselves beyond ! v humble/ & meane/ occupations 9 life1 consid] !mselves amply qualifi$ to criticise1 & ev5 make sugge/ions on inv5tions t "s ( ! be/ bra9s h sp5t _! be/ on4 ,b ?is is a condition t mu/ be reckon$ ) & ov]come 9 introduc+ a new ma*9e on ! m>ket1 & ! inv5tor w f9d x to 8 advantage to use e possible means to p]suade & w9 ov] ^? :o w h to op]ate 8 ma*9e1 z well z to demon/rate to ! proprietor himself ! usefulness ( ! inv5tion2 & sometimes ev5 he may f9d x to 8 advantage to furni% an educat$ op]ator = ! ma*9e4 ,if 8 means are limit$1 :i* is (t5 ! case1 he w h to act z 8 own salesman1 adv]tisem5t-writ]1 & press-ag5t until ! inv5tion becomes firmly e/abli%$ 9 ! m>ket4 ,to g out 9 ! cold1 wide _w & solicit ord]s ev5 on approval = a new inv5tion requires consid]able adaptability1 pluck1 pati5ce1 & h>d "w4 ,v (t5 success or failure dep5ds ^u ! initial ex]tions 9 t direction4 ,no fix$ rules c be laid d[n = t k9d ( "w4 ,to be successful1 x mu/ be v>i$ ) ! nature & ! disposition ( e individual :o does ! sell+ & buy+4 ,b g5]ally speak+1 x is a safe rule = a salesman to obs]ve1 ,brevity1 ,directness1 ,simplicity1 & ,polit5ess1 z ! av]age bus9ess man is1 by =ce ( circum/ances1 homeopa?ic4 ,!y l ,talks 9 small quantities1 conc5trat$ =m1 & sug>-coat$4 ,illu/ration3 ,,no ,,"o ,,poor ,,en\gh ,,to ,,d ,,8 ,,inv5tion ,,rev]5ce4 ,sometimes sil5ce1 ! ability to keep "o's m\? clos$1 & to respectfully li/5 to a loquaci\s prospective buy]1 w secure an ord] = a ma*9e1 :]e a disposition to d all ! talk+1 h[ev] silv]y w n accompli% ! same gold5 results4 ,ano!r important factor 9 introduc+ a ma*9e into ! m>ket is adv]tis+ by mail4 ,pa9/ak+ ex]tions c\pl$ ) ! requir$ ability to get up a prop] circul>1 :i* %\ld include a cle> cut1 half-tone pref]ably1 ( ! ma*9e to be sold1 a concise explicit /atem5t ( ! nature ( ! ma*9e1 & its capacity1 & its advantages ov] previ\s or o!r me?ods ( do+ ! same "w4 ,9 word+ & phras+ y\r circul>1 obs]ve simplicity4 ,a li/ ( ref]5ces w mat]ially enhance y\r *ances ( secur+ att5tion1 z mo/ p are will+ to say ,me ,too1 :]e y c\ld nev] get !m to say ,i4 ,9 ! g5]al get-up ( y\r circul> x is be/ to h su* an arrangem5t z w readily g into an ord9>y bus9ess envelope1 )\t fold+4 ,if1 h[ev]1 x mu/ be fold$1 x mu/ be s arrang$ t ! fold s creas$ w n come at a vital po9t4 ,pla91 cle> type ( conv5i5t size1 on good :ite pap]1 & black ink1 is bett] ?an ra9b[ colors4 ,h[ev]1 a diff]5t color = a few words n[ & !n = emphasis1 is p]missible1 & may help to br+ out c]ta9 po9ts :i* y wi% ! prospective buy]'s att5tion call$ to4 ,! g5]al get-up ( ! circul> mu/ be ( su* a nature & =m1 t ! prospective buy] ( av]age intellig5ce w be attract$ by x1 & w get a g5]al idea ( :at x has to tell him at a glance4 ,x is ev5 be/ to leave ! price ( ! article (f ! circul>1 z t w induce p to inquire = x1 & give "o a *ance to get 9 t\* ) ^? :o are int]e/$1 :ile ^? :o w\ld n ev5 inquire = ! price1 w\ld n buy any way4 ,ano!r means = introduc+ a new inv5tion on ! m>ket1 is 9 write-ups ( ! same 9 ! daily pap]s1 magaz9es1 & trade pap]s2 z v un=tunately a good _m p w\ld n pay any att5tion to circul>s1 & w\ld n f9d "t to grant a p]sonal int]view to a solicitor1 yet !y d look up pr9t$ matt] 9 ! =m ( a newspap]1 magaz9e1 or trade-pap]1 & v (t5 get _! own views on any subject f ! g5]al tone ( ! article !y read4 ,^! articles require consid]able intellig5ce1 c>e1 & lit]>y ability to prep>e1 & m to get !m pr9t$1 z !y naturally h to v>y 9 tone & /yle ) ! pap]1 or magaz9e !y are pr9t$ 94 ,x is m or less easy to get a write-up 9 a trades-pap] = an article t comes )9 its sph]e1 & v (t5 ! editor ( t magaz9e w be will+ to d ! writ+-up1 f circul>s furni%$ to him or f obs]vations ( ! ma*9es z a news item1 = ! dual purpose ( furni%+ its read]s ) useful in=mation1 & ( obta9+ adv]tis+ patronage f ! b5efici>y4 ,9 o!r magaz9es1 x w require m +5uity & lit]>y m]it to get 9 at all1 & except 9 v r>e in/ances1 x w\ld be be/ = ! inv5tor to turn t "p ( ! bus9ess ov] to "s "o :o has exp]i5ce 9 t l9e ( "w1 & kn[s h[4 ,,*apt] #e ,,det]m9+ ,,! ,,sell+ ,,price ,,( ,a ,,newly ,,inv5t$ ,,article ,consid]able bus9ess acum5 is requir$ 9 det]m9+ & fix+ ! sell+ price ( a new ma*9e4 ,! factors to be tak5 into consid]ation are1 ! value ( its sav+ 9 e direction to its pur*as]1 ! av]age am\nt ( capital inve/$ 9 ! prospective pur*as]'s bus9ess1 & ! am\nt to be inve/$ 9 ! ma*9e1 z v (t5 a ma*9e may be beyond ! rea* ( ^? = ^: use x is desir$1 by reason ( its price4 ,9 any ev5t1 ! co/ ( produc+ ! ma*9e %\ld n be a factor 9 det]m9+ ! price1 b ! value ( its product4 ,& ! co/ ( produc+ ! same results by any o!r process1 w give a v fair e/imate1 aft] tak+ into consid]ation ! means ( ! p :o h to buy x4 ,g5]ally a ma*9e is sold outright to ! consum]1 b 9 "s in/ances !y are only r5t$ = c]ta9 p]iods or volumes ( production4 ,t has to be det]m9$ by ! nature ( ! inv5tion & ! bus9ess to :i* x applies4 ,,*apt] #f ,,(fice ,,managem5t ,,& ,,bus9ess ,,policies ,if ! inv5tor is un=tunate en\gh to be compell$ to att5d to 8 own (fice "w1 he w probably f9d x advantage\s to obs]ve ! foll[+ rules3 ,answ] all lett]s promptly1 briefly1 & politely1 & don't write :at y feel l1 z t w (t5 get y into tr\ble4 ,don't =get to make a copy1 & keep x1 ( e lett] y s5d out1 & file c>efully all lett]s y receive4 ,if ! inv5tor has to be 8 own pur*as+ ag5t1 he %\ld rememb] t ! l[e/ price is n always ! *eape/1 & ! highe/ price doesn't indicate t y c\ldn't get x any *eap] else:]e1 & z good1 if n bett]4 ,:5ev] possible1 arrange = ev]y?+ to be deliv]$ at y\r place1 z t ?r[s ! transit responsibility on ! contractor until ! goods are deliv]$1 & y\r cr$it is also long]4 ,ord] y\r goods z mu* ahead ( "t z possible z goods are v r>ely deliv]$ on ! "t !y are promis$4 ,exam9e all goods deliv]$ 9 y\r place z to quality & weight1 & keep a c>eful memor&um ( ! same1 & don't =get to *eck (f ! bills y receive = ! same4 ,don't be afraid to compla9 ( unfair treatm5t1 ev5 at ! risk ( be+ call$ a kick]4 ,rememb] t ! fai?ful p]=mance ( y\r duties = ! firm t tru/s & dep5ds ^u y1 is m important ?an ! cat]+ to anybody1 especially if x has to be done at ! exp5se ( ! firm y repres5t4 ,don't expect p]fection f p y are deal+ )1 z !y h also a good _m ?+s to cont5d )1 & :5 once y h ,o4 ,k4'd ! bills1 pay = !m z soon z possible if y want to ma9ta9 y\r cr$it & y\r self-respect4 ,hone/y & /raight deal+s w mat]ially increase y\r *ances ( /ay+ 9 ! m>ket1 once y get !re4 ,cultivat+ a good "n ) ! p y are deal+ )1 is bett] ?an k[t[+ to ,rat+ ,ag5cies1 z well z be+ ! *eape/ & v be/ k9d ( adv]tis+4 ,nev] misrepres5t y\r f9ancial condition :5 furni%+ a /atem5t to y\r bank1 = y may d x once too (t51 & !n y w wi% y hadn't4 ,y w travel m easily & fur!r by tell+ ! tru?4 ,,*apt] #g ,,div]s ,,ways ,,( ,,exploit+ ,,an ,,inv5tion ,hav+ advanc$ 8 inv5tion to ! /age ( hav+ obta9$ a foot+ 9 ! m>ket1 ! inv5tor has rea*$ ! ,p>t+ ( ! ,ways1 & n[ is ! "t = him to decide :e!r he is to sell 8 inv5tion1 or to keep x4 ,if he decides to sell1 8 likely buy]s are ^? :o are 9 t l9e ( bus9ess1 & :o are g5]ally will+ to add to _! e/abli%$ bus9ess "s pat5t$ novelty 9 _! own l9e1 t w give !m exclusive use1 & special adv]tis+ facilities1 !reby increas+ _! pr(its1 & enhanc+ _! pre/ige2 or "s capitali/ on ! al]t = a pr(itable inve/m5t1 & cong5ial occupation4 ,! decision ( ! inv5tor mu/ dep5d ^u ! nature ( ! inv5tion1 its pr(itabl5ess1 8 own f9ancial res\rces1 8 heal?1 8 en]gies1 temp]am5t1 & ! likelihood ( 8 inv5tion be+ imitat$1 & 8 me*anical & f9ancial ability to protect x4 ,illu/ration3 ,a ,,bird ,,9 ,,! ,,h& ,,is ,,wor? ,,two ,,9 ,,! ,,bu%4 ,g5]ally speak+ ! prov]b ab\t ,a bird 9 ! h& is wor? two 9 ! bu%1 is v applicable to inv5tions1 & ! inv5tor :o is bless$ ) a gra9 ( prud5ce 9 8 make-up1 w ?9k c>efully1 & 8 be/1 be=e he refuses a fair (f]4 ,if he desires to sell1 a sum ( money outright is bett] ?an a royalty4 ,%\ld x n be practical or desirable to dispose ( x1 he mu/ make prep>ations to supply ! m>ket 9 con/antly increas$ proportions4 ,ow+ to ! v>i\s k9ds ( skill$ labor1 num]\s exp5sive tools1 ma*9]y1 high r5ts = suitable manufactur+ places necess>y = ! build+ ( ma*9]y1 requir+ ! inve/m5t ( l>ge capital1 & ! devotion ( a great deal ( "t = organization & sup]vision1 _m inv5tors f9d x conv5i5t1 ev5 pr(itable1 to h _! ma*9es built "u contract by "s e/abli%$ manufactur+ conc]n :i* is prop]ly equipp$ = t special k9d ( "w4 ,?is 9 _m cases is a v wise bus9ess-l c\rse to pursue1 z x elim9ates ! necessity ( a l>ge inve/m5t1 & leaves ! inv5tor free to devote himself to improv+ & enl>g+ ! field = 8 inv5tion1 & to att5d to ! bus9ess end to bett] advantage4 ,,*apt] #h ,,useful ,,po9t]s ,,on ,,successful ,,manufactur+ ,%\ld x1 h[ev]1 be decid$ to manufacture 8 inv5tion1 x w be f\nd t a prop] sy/em = regul> r\t9e w be requir$ to produce ! articles )9 reasonable co/4 ,if ! inv5tor has no special exp]i5ce 9 manufactur+1 x w be greatly to 8 advantage to procure in=mation1 by inspection1 & c>efully not+ ! me?ods employ$ 9 up-to-date manufactur+ e/abli%m5ts1 mak+ simil> articles4 ,manufactur+ mu/ be c>ri$ out f ,,! ,,top ,,d[nw>ds1 n f ,,! ,,bottom ,,upw>ds4 ,t is1 ! bra9 "w 9 ! (fice mu/ be c>efully plann$ & c>ri$ out fir/1 & record$ 9 assembly & detail draw+s & c>efully writt5-up specifications4 ,next a d\ble set ( metal patt]ns %\ld be made to be kept 9 two sep>ate places to gu>d aga9/ fire4 ,to d ev]y?+ %\ld n be attempt$ 9 ! beg9n+1 z _m p>ts requir+ special equipm5t & special skill1 su* z f\ndry "w1 drop =g+1 ge> mak+1 & wood "w1 c v (t5 be contract$ = ) p]sons especially equipp$ to d t "w1 at less ?an ! price x w\ld co/ to produce !m by a firm :i* has to d a little ( ev]y?+4 ,elim9ation ( t mu* ( ! "w p]mits bett] conc5tration & increas$ facilities = ! o!r "w1 result+ 9 a maximum ( production ) a m9imum ( inve/m5t4 ,! "w 9 ! factory %\ld be c>efully divid$ up1 & localiz$4 ,if ! quantities ( complete manufactur$ articles to be made are l>ge1 or !re is a fair prospect t !y w be s1 & _! sale is n localiz$1 a duplicate1 int]*angeable sy/em ( manufacture is indisp5sable1 & %\ld be employ$ f ! v beg9n+4 ,9 spite ( ! initial exp5ses = tools1 x w be f\nd to be a great sav] ( worry1 annoyance1 tr\ble1 & money4 ,also ! labor co/ = duplicate p>ts 9 ! mak+ & assembl+ is v consid]ably less ?an if made 9 ! ,,good ,,old ,,way4 ,?is makes x possible to supply p>ts t w fit ! ma*9e :i* w be requir$ 9 ! c\rse ( usage1 9 any "p ( ! _w :]e x may happ5 to be1 & :i* (t5 =ms a consid]able "p ( ! pr(its4 ,inde$ x may be truly said t x sometimes pays to give ma*9es away = no?+1 if assur$ a monopoly ( its repairs at "o's own prices4 ,! gang-boss sy/em 9 ! %op w be f\nd a mat]ial aid 9 produc+ & ma9ta9+ a desir$ /&>d ( quality & quantity4 ,x w also less5 ! necess>y sup]vision & worry 9 trac+1 & elim9ate defici5t & j>r+ elem5ts 9 production4 ,illu/ration3 ,,! ,,good ,,w ,,& ,,well ,,wi%es ,,( ,,^? ,,:o ,,help$ ,,create ,,x4 ,a heal?y1 accessible location1 & a clean1 com=table %op are indisp5sable4 ,fair1 j & consid]ate treatm5t1 ) an app>5t ready appreciation by ! managem5t1 ( ! m]its ( _! employees1 w be duly rew>d$ by ! will+ & fai?ful co-op]ation ( ^? on :om 9 a great measure ! success or failure ( manufactur+ dep5ds2 also enhanc+ ! value ( ! pr(its by ! addition ( ! goodwill1 & wellwi%es ( ^? :o help to create x1 z ! want ( x (t5 m>s ! enjoym5t ( ! money :5 e>n$4 ,,*apt] #i ,,w>n+ ,,to ,,prospective ,,inv5tors ,by a c>eful p]usal ( :at has be5 said1 x w be se5 t ! und]tak+ ( a successful inv5tion is no easy task1 & t x _c fall to "o's lot by m]e *ance4 ,x is q true t1 l ! diamond1 ! inv5tor1 ! g5]al1 orator1 or writ] is born4 ,b be x also rememb]$ t ev5 a diamond has to be cut1 gr\nd1 & poli%$ be=e x atta9s its lu/re1 & ! inv5tor or g5]al1 writ] & orator are no exceptions to ! rule4 ,! g5]al c\ld n conqu] a valiant foe if he did n ma/] ! sci5ce ( w>1 or if he fail$ to famili>ize himself ) mo/ ( ! conspicu\s exp]i5ces ( o!rs 9 ! same pr(ession4 ,! writ] & orator w\ld h no audi5ce if !y fail$ to f]tilize _! bra9s ) ri* /ores ( k to draw ^u1 & ) prop] means ( express+ !mselves4 ,& ! inv5tor is g5]ally doom$ to failure if he fails to e>ne/ly apply himself to ! acquisition & ma/]y ( t k :i* is pot5t to successful inv5tion 9 ! me*anical l9e1 & to get 8 j or fair %>e ( its value4 ,illu/ration3 ,,num]\s ,,& ,,deep ,,are ,,! ,,pitfalls ,,t ,,! ,,w\ld-,,be-,,successful ,,inv5tor ,,mu/ ,,avoid4 ,num]\s & deep are ! pitfalls t ! w\ld-be-successful inv5tor mu/ avoid4 ,ri* & p[]ful are ! memb]s ( ! frat]nity :o ?rive & fatt5 on him1 ?r\gh 8 %ort-com+s ( ,omission or ,commission4 ,at e /age ( 8 progress he has to combat a new set & diff]5t k9ds ( vampires1 ea* attack+ him ) diff]5t weapons1 & 9 diff]5t ways1 :o consid] ! unlucky inv5tor _! natural & legitimate prey4 ,^! m5 respectively g>b _! duplicity ) ! respectable "n ( a pr(ession1 & ju/ify ! means ( robb+ him ( 8 j & h>d e>n+s1 ) ! all-condon+ "n ( ,mod]n ,bus9ess ,me?ods4 ,illu/ration3 ,,victims ,,con/antly ,,?r[n ,,up ,,by ,,! ,,waves ,,( ,,passion ,,& ,,folly1 ,,on ,,! ,,/]ile ,,%ore ,,( ,,human ,,indiff]5ce4 ,illu/ration3 ,,%ort ,,& ,,easy ,,cut ,,to ,,opul5ce ,,& ,,ease4 ,,enc\rag$ ,,to ,,pursev]e ,,9 ,,_! ,,fallacies ,,by ,,! ,,slick ,,cunn+ ,,%>ks4 ,,) ,,_! ,,own ,,ill-,,conceiv$ ,,notions ,,& ,,pride4 ,,!y ,,become ,,unfitt$ ,,= ,,_! ,,usual ,,occupations4 ,,v ,,(t5 ,,! ,,sub/ance ,,( ,,^? ,,dep5d+ ,,on ,,!m4 ,z num]\s & z pitiful z are ! v>i\s victims con/antly ?r[n up by ! waves ( passion & folly on ! /]ile %ore ( human indiff]5ce1 none are m s ?an !y :o h no?+ bett] ?an ! prompt+s ( a m-?an-ord9>y %>e ( vanity & conceit to aspire to ! honors & rew>ds ( successful inv5tors4 ,fooli%ly d !y imag9e x a %ort & easy cut to opul5ce & ease4 ,en?us$ ) _! delusion1 !y become unfitt$ = _! usual occupations1 & are enc\rag$ to p]sev]e 9 _! fallacies by ! slick1 cunn+ %>ks ^: inevitable prey !y become ?r\gh x4 ,^! n only take _! v la/ doll>1 b v (t5 ! sub/ance ( ^? dep5d+ ^u !m2 until at la/1 poor1 ru9$1 delud$ fools1 !y wake up to ! realization ( ! gr& tru?1 ,,t ,,"o ,,gets ,,no?+ ,,= ,,no?+1 n ev5 exp]i5ce4 ,b x is none ! less un=tunately true1 t ^? v victims !mselves are responsible = ! exi/5ce ( ! means & conditions = _! undo+4 ,if p]*ance 9 ! outset ( _! ru9\s c>e]1 !y enc\nt] "o :o w\ld give !m compet5t & hone/ advice1 if x be at v>iance ) _! own ill-conceiv$ notions & pride1 he w receive insults = 8 pa9s1 & be depriv$ ( ! opportunity ( r5d]+ any s]vices to ! pr(ession ( :i* 8 ability & integrity makes him a cr$itable & honorable memb]4 ,,*apt] #aj ,,advice ,,to ,,inv5tors ,,on ,,inv5tions ,:at & h[ to inv5t1 is v (t5 ask$ & v>i\sly answ]$4 ,on ! nature ( ! answ] to ! hone/ inquir] (t5 dep5ds :e!r he is to be disc\rag$ 9 a good und]tak+1 or s5t on a fool's err&1 or direct$ rightly to ! av5ue ( success4 ,! v>i\s answ]s to :at & h[ to inv5t may be divid$ into ?ree diff]5t k9ds4 ,! /upid1 ! mislead+1 & ! intellig5t4 ,! rem>k is (t5 made by c]ta9 p1 ,oh1 !re us$ to be lots ( *ances to make =tunes out ( inv5tions ,,ye>s ,,ago1 b n ,,n[4 ,?is is z /upid z x is untrue4 ,nev] 9 ! hi/ory ( ! _w1 h ! opportunities be5 z num]\s & ! rew>ds z great z !y are n[ = any & e k9d ( m]itori\s inv5tion4 ,our advanc$ civilization1 ! complex intricacies ( our social fabric1 ! enorm\s g5]al increase 9 weal? & ! consequ5t g5]al ability1 to great] or less ext5t1 to gratify our num]\s & v>i\s desires1 has creat$ an unlimit$ field ( opportunity = ! +5i\s1 f]tile & ent]pris+ bra94 ,n only = ! improvem5ts ^u me?ods ( do+ ?+s1 = :i* !re is no man capable ( sett+ a limit1 b ev5 = ! inv5tion & creation ( entirely new means ( gratification & utility4 ,! inv5tor ( /eam locomotion creat$ = mank9d a new means ( provid+ = c]ta9 phases ( its exi/5ce4 ,yet ,,^? :o successively contribut$ _! +5uity & made ! ,,mod]n locomotive possible h fill$ a want1 s]v$ a useful purpose1 conf]r$ a b5efit & ju/ly e>n$ & m]it$ rew>d4 ,! exi/5ce ( ! p]fect$ /eam locomotive did n det] human +5uity & ent]prise f develop+ electric traction4 ,! inv5tors ( wireless telegraphy1 7 n det]r$ or disc\rag$ 9 _! ef=ts by ! exi/5ce ( telegraph wires4 ,! fact t1 9 all ! unkn[n ?\s&s ( ye>s ( human exi/5ce1 spee* 0 consid]$ only a human pr]ogative did n prev5t ,,! ,,sage ,,( ,,llewellyn f giv+ to ! _w ! phonograph4 ,e human bra9 is diff]5t f e o!r2 end[$ ) its own special m>vell\s capacity1 mak+ x possible = x to succe$ 9 new directions4 ,:o c fa?om1 or set a limit to ! +5uity ( t div9e creation1 ,,! ,,human ,,bra98 ,none b its ,creator4 ,our ord9>y e-day me*anical utilities w\ld be consid]$ ,,magic by him :o wrote1 ,!re is no?+ new "u ! ,sun4 ,illu/ration3 ,,:o ,,c ,,fa?om ,,or ,,set ,a ,,limit ,,to ,,! ,,+5uity ,,( ,,t ,,div9e ,,creation1 ,,! ,,human ,,bra98 ,,none ,,b ,,its ,,creator4 ,illu/ration3 ,,our ,,ord9>y ,,ev]yday ,,me*anical ,,utilities ,,w\ld ,,be ,,consid]$ ,,magic ,,by ,,him ,,:o ,,wrote--,,!re',s ,,no?+ ,,new ,,"u ,,! ,,sun4 ,happily ! _w is n apt to suff] f ! fooli% slogan ( ,,9 ,,good ,,old ,,times1 z g5]ally ! possessor ( extraord9>y abilities w n be det]r$ by x f us+ !m4 ,& a ,,sigh = ,,pa/ opportunities is b a true indication ( ! unfitness ( its un=tunate emitt] = any opportunity4 ,! ,,mislead+ ,,answ] to ,,:at ,,& ,,h[ ,,to ,,inv5t is t :i* tells ev]ybody & anybody1 to inv5t ,,any?+ ,,& ,,ev]y?+4 ,human abilities & environm5ts v>y1 & x necess>ily foll[s t e individual _c be successful 9 t und]tak+ :i* requires = its successful accompli%m5t t :i* manife/ly 8 ,creator did n end[ him )4 ,nor is ! capable man apt to be z successful 9 a direction :]e1 ?r\gh 8 environm5ts1 he is a /rang]1 z he w\ld 9 t field ( op]ation t he has be5 mo/ active 94 ,x is bett] & *eap] = a p]son to fir/ det]m9e 8 possession ( ! abilities = do+ c]ta9 ?+s1 ?an to f9d out ! want ( !m by ! failure ( 8 und]tak+4 ,! gift$ individual w also f9d success easi] to atta9 if 8 ef=ts are direct$ 9 exp]i5c$ *annels1 ?an if prospect+ on :at is to him1 unexplor$ wilds4 ,& to ! ,,mislead+ ,,answ] ,,( ,,:at ,,& ,,h[ ,,to ,,inv5t1 c be1 9 a great measure1 attribut$ ! product ( ! inv5tive we$s t *oke up ! pat5t (fices z well z ! elim9ation ( num]\s individuals f ord9>y b useful occupations = :i* _! ,creator evid5tly int5d$ !m4 ,_! wa/$ sub/ances furni%es a fat liv+ to !m :o make a pr(ession to give out ?is mislead+ advice broadca/4 ,,*apt] #aa ,,g5]al ,,def9ition ,,& ,,classification ,,( ,,inv5tions ,to ,,answ] ,,intellig5tly ,,:at ,,& ,,h[ ,,to ,,inv5t4 ,x is fir/ necess>y to analyze mo/ c>efully ! v>i\s phases ( inv5tion ( v>i\s natures4 ,x w be obs]v$ t inv5tions 9 g5]al may be divid$ into sev]al divisions1 z foll[s3 ,fir/3--,fundam5tal physical pr9ciples1 :i* are v r>e & purely sci5tific4 ,second3--,basic me*anical adaptation to & = ! fir/ division :i* g5]ally comes into exi/5ce soon aft] ! discov]y ( ! fir/4 ,?ird3--,basic me*anical adaptation to a well-def9$ production1 sub/itut+ human or animal ex]tions2 :i* comes by degrees1 & none too (t54 ,f\r?3--,improv$ me*anical applications4 ,fif?3--,div]se or v>i$ me*anical applications4 ,! la/ two are ! mo/ prolific or num]\s classes4 ,! fir/ division includes our physical sci5ces4 ,! second is ! fir/ me*anical h>ness = utiliz+ a new discov]y 9 ! laws ( physics = diff]5t purposes4 ,! ?ird includes ! fir/ me*anical appliances receiv+ impulse f "s o!r body = do+ to great] advantage t :i* is done by direct human or animal ex]tions1 & are commonly t]m$ labor-sav+ ma*9es4 ,! f\r? are ! cont9u\s improvem5ts on ! ?ird1 & may include basic me*anical contrivances4 ,! fif? is = accompli%+ ! same ends z ! ,second1 ,?ird & ,f\r?1 b also = ! great] adaptability = c]ta9 specific purposes1 & = popul>iz+ its production2 t is to prev5t ! exclusive monopoliz+ ( c]ta9 advantages ga9$ ?r\gh & by ! ,second & ,?ird4 ,,*apt] #ab ,,! ,,glory ,,( ,,inv5tion ,,& ,,pictures ,,( ,,celebrat$ ,,inv5tors ,,& ,,sci5ti/s ,great & glori\s are ! opportunities = ! lucky individual possess+ ! requir$ high /&>d ( intellig5ce1 education1 ta/e1 & means ( devot+ himself to sci5tific inve/igations & exp]im5ts1 discov]+ & giv+ to ! _w new sci5tific tru?s1 & means ( h>ness+ !m to v>i\s human usefulness1 com+ )9 range ( diff]5t dynamic =ces1 su* z3 /eam1 gas1 electricity1 hydraulics1 etc4 ,! gates ( ! treasuries ( raptur\s joy are aj> to him1 all 8 life1 & an honor$ memory aft]w>ds1 z endur+ z ! civilization t made 8 triumphs possible4 ,! products ( 8 g5ius are 8 monum5ts1 & are ( great] beauty ?an any sculptor c\ld produce4 ,m endur+ ?an ! ,pyramids1 always not$ by admir+ & grateful humanity1 to :om x gives com=t & inspiration4 ,illu/ration3 ,,newton ,,discov]] ,,( ,,gravitation4 ,illu/ration3 ,,/eph5son ,,inv5tor ,,( ,,/eam ,,eng9e4 ,illu/ration3 ,,eli ,,:itney ,,inv5tor ,,( ,,cotton ,,g94 ,illu/ration3 ,,ericsson ,,inv5tor ,,( ,,! ,,monitor4 ,illu/ration3 ,,h]s*el1 ,,a/ronom]4 ,illu/ration3 ,s4 ,f4 ,b4 ,,morse1 ,,inv5tor ,,( ,,! ,,telegraph4 ,illu/ration3 ,,rob]t ,,fulton1 ,,inv5tor ,,( ,,! ,,/eamboat4 ,illu/ration3 ,,b5j4 ,,frankl91 ,,sci5ti/4 ,illu/ration3 ,,elias ,,h[e1 ,,inv5tor ,,( ,,! ,,sew+ ,,ma*9e4 ,illu/ration3 ,,jas4 ,,watt1 ,,inv5tor ,,( ,,! ,,mod]n ,,/eam ,,eng9e4 ,illu/ration3 ,,"l ,,kelv91 ,,sci5ti/4 ,illu/ration3 ,,?os4 ,a4 ,,edison1 ,,! ,,sage ,,( ,,llewellyn1 ,,inv5tor ,,( ,,! ,,phonograph1 ,,inc&esc5t ,,light1 ,,etc4 ,illu/ration3 ,,sig4 ,,m>coni1 ,,inv5tor ,,( ,,wireless ,,telegraphy4 ,illu/ration3 ,,sir ,h4 ,,bessem]1 ,,inv5tor ,,( ,,bessem] ,,/eel4 ,illu/ration3 ,c4 ,h4 ,,mc ,,cormick1 ,,inv5tor ,,( ,,! ,,reap+ ,,ma*9e4 ,illu/ration3 ,,pr(essor ,,huxley1 ,,sci5ti/4 ,illu/ration3 ,,humboldt1 ,,sci5ti/4 ,illu/ration3 ,,*as4 ,,d>w91 ,,discov]] ,,( ,,evolution4 ,illu/ration3 ,,seym\r ,m4 ,,bonsall1 ,,inv5tor ,,( ,,! ,,innovation ,,+5uities4 ,"o _c possibly fail to get en?usia/ic ov] ! a*ievem5ts ( ! long l9e ( great sci5tific m9ds1 :o h made our civilization possible4 ,:5 w _! glory fade8 ,m humble1 yet z useful1 are ! num]\s inv5tors ^: a*ievem5ts necess>ily come "u ! ,?ird1 ,f\r? & ,fif? classification4 ,! inv5t+ & design+ ( a ma*9e to d "w m quickly & bett] ?an has be5 always done by h& increases & *eap5s a useful production1 plac+ x )9 rea* ( ^? :o w\ld o!rwise be depriv$ ( x1 & always elim9ates drudg]y4 ,,*apt] #ac ,,h[ ,,to ,,inv5t ,h[ to inv5t8 ,inv5tion is a problem & a solution4 ,x necess>ily foll[s t ! fir/ ?+ to d is to ?or\ghly compreh5d ! problem & !n contrive me*anical means to solve x4 ,"w f ! c5tre outw>dly2 t is1 build up y\r ma*9e ar\nd y\r object ( accompli%m5t4 ,d n try to design a ma*9e & ins]t x aft]w>ds4 ,!re are _m m5 s extraord9>ily gift$ t x is possible = !m to succe$ 9 div]se directions1 ev5 9 ^? = :i* !y h n be5 especially equipp$ by tra9+4 ,t is conspicu\sly true 9 inv5tion4 ,useful inv5tions h be5 inv5t$1 & =tunes made by ! inv5tors :o 7 n eng9e]s s f> z tra9+ 0 conc]n$1 nor 7 !y ev5 ma*9i/s1 yet _! extraord9>y gifts h out-balanc$ ! disadvantage ( ! lack ( tra9+ = me*anical creation2 b !y all _h to enli/1 m or less1 ! s]vices ( o!rs to make up = _! own defici5cies4 ,no d\bt !re w be _m m inv5tors f outside ! ranks ( me*anical eng9e]s1 & !y w f9d ! foll[+ sugge/ions useful4 ,und]/& ?or\ghly :at y h to accompli%1 fir/ ( all4 ,aft] conceiv+ y\r ideas ( a me*anical contrivance to d x )1 try & make "s k9d ( a sket* ( ! :ole & ! "p respectively4 ,,*apt] #ad ,,h[ ,,to ,,make ,,sket*es ,,& ,,specifications ,! fact t y are n a draftsman or h ev5 no idea ( h[ draw+s are made1 ne$ n det] y f mak+ sket*es t w be und]/ood4 ,a sket* or draw+ is a repres5tation m or less correct ( ! imag9>y object 9 y\r bra94 ,draw+s or sket*es are ! easie/ k9d ( writ+4 ,!y are picture writ+1 usually ! fir/ mode ( writ+ employ$ by primitive p1 & any man :o has ! intellig5ce to inv5t1 no d\bt has suffici5t ability to make "s k9d ( sket*es ) p5cil on pap] ( ! pictures he conceives 9 8 bra94 ,9 mak+ y\r sket*1 rememb] t ne>ly e object has _m sides to x1 & y\r sket* is to imp>t a conception ( ! %ape & =m ( t object to somebody else :o has no k ( x1 & mu/ necess>ily get 8 ideas f y\r sket*es z he _c look inside ( y\r bra92 !re=e make z _m sket*es ( y\r object z !re are sides to x1 & m>k !m1 front1 side1 back1 top & bottom1 & e sep>ate piece1 #a1 #b1 #c1 etc4 ,write up explanations or specifications ( ! same4 ,y c le>n h[ to d t by read+ /&>d works on appli$ me*anics4 ,,*apt] #ae ,,! ,,necessity ,,( ,,compet5t ,,eng9e]+ ,,= ,,successful ,,inv5tion ,hav+ done t mu*1 n[ d n make a bee l9e = ! ,pat5t ,(fice4 ,d n imag9e t ! goal ( y\r ambition1 or ! end ( y\r tribulations lies 9 ! ,pat5t ,(fice1 t ! obta9+ ( "s k9d ( a pat5t places an ,aladd9's ,lamp at y\r disposal4 ,y h n got any?+ positive z yet to get a pat5t on--! fact is y only ?9k y h some?+--b y\r judgm5t may n be ! v be/ on ! subject = y\r own good4 ,take y\r sket*es & y\r specifications & consult a compet5t1 reputable eng9e]1 & he w tell y :at are ! prospects & probabilities ( y\r inv5tion4 ,if y\r inv5tion is a valuable "o1 engage 8 s]vices to re-design x = y1 & to make x practical4 ,don't ?9k t because y are an inv5tor y are necess>ily a natural born eng9e]4 ,!y don't gr[ t way4 ,b be wise en\gh to "k :at y don't "k1 & to get ! "r s]vices f ! "r man4 ,aft] y\r eng9e] has incorporat$ y\r inv5t$ idea 9 a suitable body1 try to get y\r protection 9 ! ,pat5t ,(fice on ! =m 9 :i* y int5d utiliz+ y\r idea4 ,no pat5ts are grant$ on ideas4 ,y w f9d ! money sp5t on eng9e]+ y\r inv5tion well sp5t1 z v (t5 l>ge sums ( money w\ld be sav$ 9 mak+ models & exp]im5t+1 & litigation w\ld (t5 be avoid$ if ! inv5tor w\ld h ! practical horse s5se to g to a compet5t eng9e] :5 9 ne$ ( eng9e]+ skill4 ,9 design+ & inv5t+ a ma*9e = do+ c]ta9 "w on a c]ta9 article :i* is o!rwise done by h&1 x does n necess>ily foll[ t ! ma*9e mu/ imitate 9 its actions ! me?od employ$ by h& 9 accompli%+ ! same ends4 ,t is v (t5 n ! only or ! be/ me?od ( do+ x4 ,:ile x is desirable = ! ma*9e to accompli% z good1 or bett]1 results ?an is accompli%$ by h& process1 x may be f> f desirable = ! ma*9e to imitate 9 its action ! ,,h& ,,process 9 do+ x4 ,t may be a v r\ndab\t way ( do+ x1 & may n l5d itself to simple & desirable me*anical manipulation4 ,= t reason ! inv5tor ( a labor-sav+ ma*9e may (t5 h to fir/ inv5t a new process = br++ ab\t c]ta9 results on ! sub/ances on :i* 8 ma*9e is to op]ate1 t may be radically diff]5t f ! me?od employ$ by h&4 ,illu/ration3 ,,an ,,intellig5t ,,& ,,prud5t ,,inv5tor ,,w ,,c>efully ,,note ,,8 ,,own ,,capacity4 ,x is !re=e obvi\s t1 to inv5t a labor-sav+ ma*9e successfully1 x is fir/ necess>y to det]m9e ! executive me?od ( op]ation1 & (t5 to inv5t a m suitable & adaptable "o be=e inv5t+ ! means = accompli%+ ! same1 z ! executive "p ( 8 contemplat$ ma*9e is 8 problem1 & ! ease or difficulty ( its solution dep5ds ^u its simplicity4 ,! intellig5t & prud5t inv5tor w c>efully note 8 own special capacity1 aptitude1 ta/e1 education1 tra9+1 exp]i5ce1 & opportunity 9 c]ta9 directions4 ,he w c>efully weigh & measure s f> z possible 9 advance 8 propos$ und]tak+1 & :5 f9ally decid$ ^u1 he w set himself to "w en?usia/ically on ! l9es laid d[n 9 ?is article1 & ) all ! devotion & t5acity t is 9 him1 kn[+ no defeat1 le>n+ & f9d+ new means to solve ! problem f e set-back & app>5t failure1 until he w br+ x to a successful accompli%m5t1 & actually te> ,victory f ! ,jaws ( ,defeat4 ,,*apt] #af ,,p]t ,,po9t]s ,,= ,,prospective ,,inv5tors ,,t ,,w ,,be ,,f\nd ,,helpful ,:ile x is impossible to lay d[n fix$ rules = ! w\ld-be successful inv5tor to foll[1 ! foll[+ w be f\nd useful3 ,obs]ve ev]y?+ c>efully4 ,try to rememb] ev]y?+ y see4 ,acquire ! habit ( conc5tration4 ,reason logically4 ,d n ov]look details4 ,be a h>d work]4 ,keep y\r m\? %ut4 ,don't c\nt y\r *ick5s be=e !y are hat*$4 ,don't get inflat$ ) y\r sup]iority1 neglect+ to avail y\rself ( ! accumulat$ k & exp]i5ce ( o!rs4 ,don't imag9e y\rself a ,solomon4 ,don't bite (f m ?an y c swall[4 7,read sop's fable ab\t ! ,eagle & ! ,jackdaw47 ,don't set y\rself a ,quixotic task1 &1 on ! o!r h&1 don't ?9k x is impossible = y to succe$ :]e o!rs h fail$4 ,illu/ration3 ,,obs]ve ,,ev]y?+ ,,c>efully4 ,,try ,,to ,,rememb] ,,ev]y?+ ,,y ,,see4 ,,reason ,,logically4 ,,d ,,n ,,ov]look ,,details4 ,d n />t an advance acc\nt 9 greatness by tell+ ev]ybody y come 9 contact ) :at a wond]ful inv5tion y are work+ on1 !reby try+ to enhance y\r importance ) !m4 ,rememb] y are n ,x until y h succe$$1 & :5 y d1 ! _w w "k x soon en\gh1 & y w n suff] by reason ( its hav+ f\nd x out = itself4 ,rememb] an inv5tor is only judg$ by :at he has made good1 n by :at he has attempt$4 ,don't1 oh6 please don't g ab\t ) a face z solemn & anxi\s z if y 7 an ,atlas4 ,us+ ! inside ( y\r head1 %\ld n be suffici5t reason = neglect+ ! outside ( x by boycott+ ! b>b]4 ,hair is n ,wisdom tee?4 ,d n wa/e y\r "t compla9+ = ! want ( appreciation 9 y\r wife1 = ! great ideas y h 9 y\r head4 ,%e may h a /ra9 ( ,miss\rian blood 9 h] ve9s1 & ,%e wants to be %[n4 ,:5 y d1 y c be sure %e w n be sl[ 9 h&+ y up ! sug> lumps4 ,because ,%akespe>e1 ,napoleon1 ,rusk91 etc41 h p>t$ f ! p>tn]s ( _! y\?1 %\ld n lead y to ! d$uction t x necess>ily is ! e>m>ks ( greatness to ca/ aside1 :5 y h become successful1 ! %>] ( y\r e>ly pov]ty & /ruggles4 ,y w be great] by n foll[+ anybody's example1 9 t respect4 ,illu/ration3 ,,don',t ,,imag9e ,,y\rself ,a ,,solomon4 ,illu/ration3 ,,! ,,eagle ,,& ,,! ,,jackdaw4 ,,don',t ,,bite ,,(f ,,m ,,?an ,,y ,,c ,,swall[4 ,illu/ration3 ,,don',t ,,set ,,y\rself ,a ,,quixotic ,,task4 ,illu/ration3 ,,don',t ,,g ,,ab\t ,,) ,a ,,face ,,z ,,solemn ,,& ,,anxi\s ,,z ,,?\gh ,,y ,,7 ,,atlas4 ,illu/ration3 ,,%e ,,wants ,,to ,,be ,,%[n4 ,illu/ration ,illu/ration3 ,,%e ,,w ,,n ,,be ,,sl[ ,,9 ,,h&+ ,,y ,,up ,,! ,,sug> ,,lumps4 ,illu/ration3 ,,to ,,ca/ ,,aside ,,:5 ,,y ,,become ,,successful ,,! ,,%>] ,,( ,,y\r ,,e>ly ,,pov]ty ,,& ,,/ruggles4 ,illu/ration3 ,,y ,,w ,,be ,,great] ,,by ,,n ,,foll[+ ,,anybody',s ,,example ,,9 ,,t ,,respect4 ,illu/ration3 ,,only ,a ,,temp]ate ,,ab/emi\s ,,regime ,,( ,,life ,,c ,,give ,,! ,,heal?y ,,bra94 ,illu/ration3 ,,don',t ,,=get ,,! ,,p ,,y ,,knew4 ,rememb] t only a temp]ate ab/emi\s rgime ( life c give y ! heal?y bra9 requir$ = ! successful accompli%m5t ( any?+ wor? do+4 ,don't fail to give cr$it to o!rs :5 x is due4 ,don't =get to repay ^? :o h help$ to make y\r success possible1 &1 la/ly1 ga9 y\r success 9 su* a mann] t y\r enjoym5t ( its rew>d w n be m>r$ by ! remorse ( y\r consci5ce4 ,,*apt] #ag ,,protection ,,( ,,an ,,inv5tion ,! protection ( an inv5tion implies ! dual problem ( h[ to prev5t o!rs f /eal+ ! product ( "o's m5tal labor1 & ( h[ to insure a fair %>e ( its value to ! inv5tor4 ,to solve t problem absolutely is ( c\rse no m possible ?an ! absolute prev5tion ( ! pilf]+ ( any?+ else ( value 9 ! _w1 b x may be made z secure z ! pres5t circum/ances 9 ! case w p]mit if ! inv5tor1 to use a slang expression1 w be on to ! game4 ,to be t1 he fir/ has to "k ) :om he has to reckon1 & h[ ! /eal+ is done1 & ! be/ way to *eckmate x4 ,,*apt] #ah ,,v>i\s ,,ways ,,employ$ ,,to ,,*eat ,,& ,,rob ,,inv5tors ,:ile x is impossible to enum]ate all ( ! diff]5t me?ods employ$ 9 br++ ab\t ! prov]bial slip betwe5 ! cup & ! inv5tor's lip1 a few ( ! usual means1 & ^? g5]ally adopt$1 9 fact s g5]al1 t !y h come to be look$ ^u z almo/ legitimate1 e/abli%$ prec$5ts1 are z foll[s3 ,if ! inv5tor is 9 ! employ ( a company manufactur+ goods1 to :i* 8 inv5tion is a valuable addition1 ! company simply takes x1 & applies = a pat5t on ! same1 z be+ ! orig9al inv5tor4 ,9 mo/ cases ! inv5tor is n ev5 in=m$ ( ! pat5t application1 & g5]ally "s high (ficial 9 ! company's employ claims & gets ! cr$it & rew>d = inv5t+ x4 ,%\ld t inv5tion be v valuable1 or ! inv5tor commits ! indiscretion ( mak+ o!r inv5tions1 he w be promptly dis*>g$ on "o pret5se or ano!r1 to be rid ( 8 pres5ce1 s z to nip any possible tr\ble 9 ! bud1 & ! poor inv5tor has to drift = a :ile until he /rikes some?+ aga9 & probably has a simil> exp]i5ce 9 ! c\rse ( "t1 if he did n get wise by 8 la/ exp]i5ce4 ,ano!r pet practice is = a conc]n to boldly take ano!r man's inv5tion t is valuable to x1 & "w x z if x 7 its own1 ( c\rse mak+ money out ( x1 & v (t5 do+ s undi/urb$4 ,?is may be possible = a v>iety ( reasons1 su* z1 be+ at a di/ance f ! inv5tor & 8 hav+ no means ( f9d+ x out2 or1 aga91 he may be dead1 & 8 rightful heirs may h no k ( ! pat5t1 its value or its infr+em5t4 ,b %\ld ev5 ! inv5tor be alive & f9d !m out & attempt to call !m to acc\nt1 he w promptly be in=m$ to g & see _! lawy]s1 :i* is only ano!r way ( tell+ him1 well1 :at are y go+ to d ab\t x8 ,= if he goes to see _! lawy]s1 !y w mo/ condesc5d+ly & patroniz+ly in=m him t t pat5t is n valid1 & advise him n to bo!r 8 head ab\t x1 z x w\ld d him no good4 ,& unless he has ! means to engage lawy]s1 :o require fat reta9]s1 he is absolutely helpless1 & ! exploit]s ( 8 inv5tion c enjoy _! ill-gott5 ga9s ) impunity4 ,,*apt] #ai ,,gov]nm5t ,,connivance ,,at ,,! ,,despoil+ ,,( ,a ,,poor ,,inv5tor ,incr$ible1 yet x is true1 t if a pat5t is infr+$ ^u1 & = "s reason ! inv5tor1 ?\gh cognizant ( x1 does n comm5ce suit1 x is held t he acquiesc$ 9 ! same1 & ! p>ties :o are /eal+ 8 inv5tion1 z well z o!rs1 c g on robb+ him ) impunity4 ,! ,,int]f]5ce trick is usually resort$ to1 to transf] a valuable inv5tion f a poor b rightful own] to ^? :o want x1 & h ! money to make pr(itable use ( x & pay = ! trick4 ,! mo/ surpris+ "p ( x is t x is done q legally & g5]ally successfully & ) no comeback4 ,x is also v rem>kable = its simplicity ( proc$ure1 :i* is usually z foll[s3 ,illu/ration3 ,,! ,,swipe+ ,,mfg4 ,,co4 ,,h ,,/ol5 ,,my ,,inv5tion4 ,illu/ration3 ,,we ,,mu/ ,,h #ajjj ,,doll>s ,,z ,a ,,reta9+ ,,fee4 ,illu/ration3 ,,def5d$ ,,9 ,,c\rt 99 99 99 99 ,,on ,,te*nicalities4 ,illu/ration3 ,,! ,,exploit]s ,,( ,,8 ,,inv5tion ,,c ,,enjoy ,,_! ,,ill-,,gott5 ,,ga9s ,,) ,,impunity4 ,a manufactur] ( a c]ta9 l9e ( goods makes x 8 bus9ess promptly to obta9 copies ( all pat5ts 9 8 own l9e ( goods z soon z !y are issu$4 ,:5 he f9ds some?+ t he ?9ks he wants or c use to advantage 9 8 bus9ess1 he promptly goes ahead1 />ts to make x by copy+ ! pat5t illu/ration 9 ! publi%$ records1 & z promptly & innoc5tly files a pat5t application 9 ! pat5t (fice1 :i* is an exact duplicate & copy ( ! o!r man's pat5t t has be5 issu$ & publi%$4 ,9 due c\rse he gets ! return ( 8 pat5t application f ! pat5t (fice ) ! citation aga9/ x ( ! o!r man's pat5t t he is copy+4 ,he !n promptly notes ! date ( ! pat5t application ( ! o!r man's pat5t & files :at is call$ 9 ! pat5t (fice z ,,int]f]5ce1 simply claim+ t he inv5t$ 8 inv5tion or ?\ght ab\t x1 or dream$ ab\t x at a previ\s "t1 all[+ himself a suffici5t m>g9 ( a ye> or two be=e ! date ( application ( ! o!r man's pat5t1 & !reby claim+ himself ! rightful inv5tor ( ! same1 boo/+ up 8 own false affidavit by "o or two ly+ witnesses1 :i* exp]i5ce has demon/rat$ is a comm]cial commodity4 ,hav+ done t1 x is necess>y = ! "r inv5tor1 :o has receiv$ due notice f ! ,pat5t ,(fice1 to come & def5d 8 title to 8 pat5t1 9 spite ( ! fact t ! pat5t has be5 issu$ to him aft] ! cu/om>y & usual =malities 9 due legal =m1 & paym5t ( all legal fees4 ,9 ord] to def5d ! same n[1 he is oblig$ to engage attorneys :o require ! usual & indisp5sable reta9]s1 fees1 etc41 )\t any c]ta9ty at all ( be+ able to reta9 8 j claim to 8 pat5t1 = ! v simple reason t ! "t ( ! fil+ ( 8 pat5t 0 probably )9 a reasonable "t ( ! mak+ ( 8 inv5tion1 & he has to combat ! sworn te/imony ( 8 adv]s>ies1 :o h giv5 !mselves ample latitude 9 insur+ _! priority claim4 ,:ile !y are swe>+ falsely1 !y reason1 & rightly s1 t x is no m crim9al to lie by ! ye> ?an by ! mon?1 & consequ5tly !y make sure ( x1 & give !mselves pl5ty ( rope1 ) ! result t ! rightful inv5tor1 aft] pay+ 8 orig9al fees = ! obta9+ ( ! pat5ts & ! second fees = def5d+ x1 usually loses ! same & 8 inv5tion1 simply because circum/ances & 8 consci5ce d n p]mit him to def5d himself aga9/ 8 adv]s>ies ) ! same weapons he is attack$ )1 namely1 p]jury2 ?us he rema9s by =ce ( circum/ances an hone/ man consid]ably poor]1 & a :ole lot wis] by 8 exp]i5ce4 ,,*apt] #bj ,,old ,,& ,,common ,,tricks ,,employ$ ,,to ,,d ,,an ,,inexp]i5c$ ,,inv5tor ,ano!r me?od 9 vogue = appropriat+ o!r p's inv5tions1 is to copy x1 mak+ "s slight m9or *ange 9 x1 & def5d x 9 c\rt1 if ne$ be1 on te*nicalities4 ,!re are /ill o!r ways1 by :i* inv5tors (t5 lose _! j dues1 :i* is g5]ally ! fault ( _! own inexp]i5ce1 z = in/ance1 by giv+ exclusive manufactur+ privileges to somebody )\t a reasonable gu>antee1 = ! mak+ ( a c]ta9 quantity p] /ipulat$ p]iod4 ,! possessor ( ! privilege w !n only h to make "o 9 ! :ole life ( ! contract1 & !reby rid himself ( a competitive article f ! m>ket1 at ! inv5tor's exp5se4 ,!n !re are v>i\s me?ods ( avoid+ ! paym5t ( royalties on all t's made1 by gett+ !m made at diff]5t places1 unkn[n to ! inv5tor1 & by keep+ two sets ( books4 ,if ! inv5tion =ms ! basis ( a ,/ock ,company1 by all[+ ! inv5tor only a m9ority ( ! /ock1 & tak+ all ( ! e>n+s ( ! inv5tion 9 l>ge sal>ies by ! controll+ p>ties1 ?us leav+ ! inv5tor out 9 ! cold4 ,,*apt] #ba ,,! ,,root ,,( ,,! ,,evil ,! diff]5t ways ( appropriat+ o!r p's inv5tion )\t giv+ any equival5t = x1 are made possible by our exi/+ laws :i* are notori\sly defective = insur+ ju/ice & equity to ^? :o labor ) _! bra9s1 :o1 9 ! op9ion ( mo/ p1 are z des]v+ ( protection1 9 ! enjoym5t ( ! fruits ( _! labor1 z !y :o "w ) _! h&s4 ,if ! man :o cultivates ! soil1 raises a crop & :5 ! same is ripe1 "s "o %\ld come & boldly reap & h>ve/ ! same1 & c>ry x (f to 8 b>n & enjoy ! proce$s !re(1 ! law w\ld imm$iately lay its h&s on t p]son1 deprive him ( 8 /ol5 goods1 to return ! same to ! rightful own]4 ,! community w\ld also be wr\ght up 9 righte\s indignation & add its o/racism ( ! malefactor1 ev5 aft] he has be5 depriv$ ( 8 /eal+s1 suff]$ ! p5alty1 & is probably p5it5t4 ,b x is diff]5t1 oh6 h[ diff]5t1 if ! /ol5 prop]ty is a m5tal in/ead ( a h& product4 ,x ought to be app>5t t !re is a defect some:]e 9 ! pr(\nd reason+ ( our augu/ law-mak]s & honorable juri/s 9 fram+ & int]pret+ our laws = protection ( prop]ty t makes x possible = a man to arre/ ano!r man t he has f\nd 9 possession ( 8 pl[1 :ile all[+ a man to /eal ano!r man's inv5tion1 = ! improvem5t ( all pl[s1 & to ?r[ ! inv5tor out ( 8 (fice = attempt+ to remon/rate ) him = appropriat+ 8 prop]ty4 ,,*apt] #bb ,,comp>ative ,,legal ,,protection ,,af=d$ ,,to ,,m5tal ,,& ,,physical ,,prop]ty ,! law is v p>tial 9 protect+ ! rightful own] 9 possession ( t :i* to produce requires b manual labor & v little prep>ation1 b x gives no practical protection to ! rightful own] 9 secur+ to him ev5 a "p ( ! b5efits ( 8 production1 if ! same is ! result ( ! labors ( ! bra91 aft] sp5d+ _m ye>s 9 h>d & c>eful /udy 9 mak+ x possible = him to accompli% x4 ,dame ,ju/ice ) un%ea!d sword /&s gu>d ov] ! cell> ( potatoes t took ?ree mon?s = ! ox & 8 own] to produce1 b %e is entirely indiff]5t if an intellig5t & educat$ eng9e] is robb$ ( ! results ( 8 labors ( sev]al ye>s1 aft] collect+ a fee f him = do+ t :i* x does n d1 & :i* x ought to d freely4 ,x is manife/ly a peculi> logic1 entirely at v>iance ) ! rules1 t gov]n ! ideas ( equity4 ,! man :o produces a field ( corn t w fe$ a doz5 c[s is directly protect$ 9 ! possession !re( by ! paid (fic]s ( ! law ( ! community1 :ile ! man :o1 by 8 ex]tions1 light5s ! burd5s ( millions ( human be+s has no claim ^u ! s]vices ( ! community's en=c]s ( ! law ( prop]ty rights4 ,,*apt] #bc ,,! ,,utt] ,,helplessness ,,( ,a ,,poor ,,inv5tor ,,to ,,obta9 ,,ju/ice ,x is confess$ly an enigma to _m a man1 :y if an inv5tor is s unlucky z n to possess ! l>ge sums ( money requir$ to engage ! s]vices ( compet5t attorneys1 he mu/ be cont5t to see ! despoil] ( ! fruits ( 8 labor enjoy x4 ,& %\ld he1 ! inv5tor1 be s indecor\s z to accuse him ( x1 ! law w imm$iately fly to ! assi/ance ( 8 despoil]1 & clap ! unlucky inv5tor 9 jail = libel4 ,aga91 if a man1 z memb] ( a corporation1 appropriates ano!r man's prop]ty ! law does n p]mit him to reta9 x1 or exempt him f ! consequ5ces ( ?is unlawful action by reason ( any limitation ( responsibility z a memb] ( a corporation4 ,b1 %\ld ! corporation appropriate ano!r man's inv5tion1 & aft] exp5sive & long drawn-out litigations1 ! inv5tor %\ld be aw>d$ damages f ! company = exploit+ 8 inv5tion1 all ! company has to d to avoid pay+ ! aw>d is to fail1 & ! same individuals c re-organize to d ! same bus9ess "u a new *>t] & "n1 & may /eal ! same inv5tor's pat5t aga91 provid+ x pays x to d s1 & ! inv5tor w\ld h to comm5ce to fight aga9 9 c\rt4 ,illu/ration3 ,,:y1 ,,oh ,,:y1 ,,is ,,! ,,/eal+ ,,( ,,"o ,,k9d ,,( ,,prop]ty ,a ,,crim9al ,,(f5se1 ,,ano!r ,,only ,a ,,civil ,,tort8 ,,! ,,law ,,is ,,v ,,p[]ful ,,9 ,,protect+ ,,! ,,rightful ,,own]4 ,,dame ,,ju/ice ,,) ,,un%ea!d ,,sword ,,/&s ,,gu>d ,,ov] ,,! ,,cell> ,,( ,,potatoes4 ,,no ,,claim ,,^u ,,! ,,s]vices ,,( ,,! ,,community',s ,,(fic]s ,,( ,,! ,,law4 ,:y1 oh :y1 is ! /eal+ ( "o k9d ( prop]ty a crim9al (f5se1 & ano!r only a civil tort8 ,,*apt] #bd ,,public ,,attitude ,,t[>ds ,,him ,,:o ,,/eals ,,physical ,,& ,,to ,,! ,,"o ,,:o ,,/eals ,,m5tal ,,prop]ty ,good p w ju/ly ga!r up _! coat-tails 9 holy horror1 :5 p]*ance !y come 9 contact ) a man convict$ ( highway robb]y1 b :5 has a man be5 expell$ f ,*ur* memb]%ip1 or f fa%ionable clubs1 :o has lo/ a pat5t suit by a cle> case ( int5tional infr+em5t be+ prov5 aga9/ him8 ,at pres5t x w\ld seem t _m inv5tors h a special reason = deplor+ ! decad5ce ( ! ,et]nal ,brim/one-,doctr9e1 z puni%m5t = wrong-do+1 especially = ! break+ ( ! ,eigh? & ,t5? ,comm&m5ts1 z its mod]n sub/itute ( ,?\ %alt n /eal1 less-?an-necess>y-=-lawy]s'-fees-to-abso lve-y-&-a-reasonable-m>g9-(-pr(it1 manife/ly is broad en\gh to include ! /eal+ ( inv5tive production4 ,,*apt] #be ,,pres5t ,,available ,,means ,,( ,,protect+ ,,an ,,inv5tion ,to protect an inv5tion is inde$ a v s]i\s problem1 "u any & all circum/ances1 yet !re are c]ta9 conditions t w protect x 9 a measure4 ,! fir/ & mo/ pot5t is to h a good deal ( money to fight infr+em5ts )1 = money n only has ! fam$ virtue ( cov]+ a multitude ( s9s1 b ( keep+ o!rs f s9n+ aga9/ y4 ,illu/ration3 ,,b ,,is ,,x ,,diff]5t ,,oh6 ,,n[6 ,,if ,,! ,,/ol5 ,,prop]ty ,,is ,a ,,m5tal ,,in/ead ,,( ,a ,,h& ,,product8 ,,! ,,community ,,w\ld ,,be ,,wr\ght ,,up ,,9 ,,righte\s ,,indignation4 ,second3 ,good & c>eful inv5tion & design+ by mak+ ! me*anical contrivance z ne>ly basic z ! circum/ances w p]mit1 & to design & inv5t contrivances = ! same purpose 9 z _m o!r ways f ! "o to be us$ z possible1 & by pat5t+ ! same1 mak+ x h>d] = anybody else to get ar\nd x4 ,?ird3 ,to s develop y\r means ( produc+ y\r inv5tion1 t !y w enable y to hold y\r own 9 competition 9 ! m>ket %\ld x come4 ,f\r?3 ,to h a good pat5t lawy] draw y\r pat5t claims4 ,fif?3 ,if possible h t lawy] int]e/$ 9 y\r inv5tion4 ,six?3 ,nev] give x out to be work$ on a royalty1 unless x is to "s p>ty ) ^: ability & integrity y are satisfi$1 & ev5 !n h a cle>ly def9$ contract 9 writ+ z to quantities & conditions4 ,sev5?3 ,if ! inv5tion is assign$ to a corporation1 d n leave y\rself ) a m9ority ( /ock if y c at all help x1 b if y _c possibly avoid p>t+ ) a majority ( ! /ock1 id5tify & amalgamate y\r int]e/s ) "s o!r /ockhold] 9 y\r company1 t 9 comb9ation ) him w give y a majority & control2 & arrange if possible = y\r s]vices to be indisp5sable & pr(itable to ! company4 ,la/1 nev] sign an agreem5t ) anybody assign+ to !m all ( y\r future improvem5ts & inv5tions y may make = ! same purpose4 ,y w be reasonably protect$ if y c keep t up y\r sleeve4 ,= ! _w is usually m m9dful ( ! man ) ! ,big ,/ick ?an ) ! ,big ,grievance4 ,illu/ration3 ,,! ,,_w ,,is ,,usually ,,m ,,m9dful ,,( ,,! ,,man ,,) ,,! ,,big ,,/ick1 ,,?an ,,) ,,! ,,big ,,grievance4 ,,*apt] #bf ,,comp>ative ,,gov]nm5t ,,treatm5t--,a ,,b\nty ,,= ,,rais+ ,,sug> ,,beets1 ,,b ,a ,,tax ,,on ,,inv5tions ,laws are fram$ & a great deal ( money sp5t by our ,gov]nm5t = ! enc\ragem5t ( useful production by its p4 ,= illu/ration1 x is consid]$ t ! be/ way to produce sug>1 is ! rais+ ( ! sug> cane :i* is rais$ 9 ! _w 9 suffici5t quantities to meet all possible dem&s1 & naturally en\gh 9 places :]e x c be rais$ to ! be/ advantage4 ,_m ( ^? places are "u ! ,/>s & ,/ripes1 namely1 ,l\isiana1 ,hawaii1 ,porto ,rico1 & ! ,philipp9e ,isl&s4 ,yet if a citiz5 :o1 on 8 f>m1 c\ld produce _m div]se articles & sell ! same to advantage1 *ooses in/ead to raise a vegetable 7beets71 f :i* sug> c be manufactur$ at a disadvantage1 expects & receives f ! ,gov]nm5t n only absolute protection ( 8 production1 & also ! secur+ ( an enhanc$ price = ! same1 ?r\gh a high t>iff1 b an actual bonus ( money kn[n z a b\nty4 ,b ! inv5tor :o be/[s great b5efits on 8 fell[ citiz5s & ! _w at l>ge1 & gives x t :i* c n be _h at all else:]e at ! "t1 is evid5tly n deem$ by our law-mak]s ( suffici5t importance to receive any enc\ragem5t or ju/ice4 ,f :at has be5 said "h1 x ought to be v evid5t t !re is a wide diff]5ce 9 ! treatm5t met$ out by our ,gov]nm5t to him :o r5d]s s]vices to society by digg+ 9 ! dirt1 & to him :o digs 9 ! bra94 ,illu/ration3 ,,diff]5ce ,,9 ,,! ,,treatm5t ,,met$ ,,out ,,by ,,our ,,gov]nm5t ,,to ,,him ,,:o ,,r5d]s ,,s]vices ,,to ,,society1 ,,by ,,digg+ ,,9 ,,! ,,dirt1 ,,& ,,to ,,him ,,:o ,,uses ,,! ,,bra94 ,,*apt] #bg ,,society',s ,,debt ,,to ,,! ,,inv5tor ,x is c]ta9ly good & j public policy t ! ,gov]nm5t %\ld sp5d a good deal ( money = ! b5efit ( ! f>m]s1 b :]e is ! ju/ice & ! good public policy 9 mak+ money out ( ! inv5tors8 7,see /ati/ics ( ! fiscal returns f ! ,pat5t ,(fice47 ,is ! =m] m indisp5sable to society ?an ! latt]8 ,has n ! +5uity ( ! inv5tor enabl$ ev5 ! f>m]1 ! special proteg ( ! ,gov]nm5t1 to get great] returns f 8 labor ?an ev] 9 ! hi/ory ( ! _w8 ,has he n made 8 task light]1 & has he n enabl$ him to get m ( ! good ?+s ( ! _w = ! e>n+s ( 8 labor8 ,& is x n 9 a great measure ?r\gh ! inv5tor's +5uity & indu/ry t ?is c\ntry has atta9$ its unprec$5t$ prosp]ity 9 ,peace & mighty pot5cy 9 ,w>8 ,,*apt] #bh ,,comp>ative ,,protection ,,giv5 ,,by ,,! ,,gov]nm5t ,our =midable w>%ips are always ready to race to ! fur!/ end ( ! _w to protect our m]*ants & _! w>es4 ,ev5 our mission>ies h ! moral support ( our /rong arm1 9 =c+ on ! s-call$ hea!ns ! b>t] ( cozy corn]s 9 ,heav5 = ca% d[n1 b x is a notori\s fact t c]ta9 s-call$ civiliz$ c\ntries are mak+ x _! habit & cu/om q op5ly to appropriate e inv5tion t is wor? appropriat+1 provid+ ! inv5tor is a =eign]1 & ! un=tunate inv5tor has n ev5 got a cause ( action at law1 nor w\ld ! inv5tor's compla9t at ! ,/ate ,dep>tm5t be productive ( any?+ m sub/antial ?an polite regrets4 ,^! mod]n ,b>b>y ,pirates ne$ n fe> ano!r ,commodore ,p]ry1 s long z !y devote _! depr$ations solely to ! comp>atively m valuable production ( ! bra9s in/ead ( ! h&s4 ,illu/ration3 ,,has ,,n ,,! ,,+5uity ,,( ,,! ,,inv5tor ,,enabl$ ,,ev5 ,,! ,,f>m] 99 99 99 ,,to ,,get ,,great] ,,returns ,,= ,,8 ,,labor8 99 99 99 ,,has ,,he ,,n ,,made ,,8 ,,"w ,,light] ,,& ,,has ,,he ,,n ,,enabl$ ,,him ,,to ,,get ,,m ,,( ,,! ,,good ,,?+s ,,( ,,?is ,,_w8 ,illu/ration3 ,,?r\gh ,,! ,,inv5tor',s ,,+5uity ,,& ,,indu/ry ,,?is ,,c\ntry ,,has ,,atta9$ ,,its ,,mighty ,,pot5cy ,,9 ,,w>4 ,,*apt] #bi ,,! ,,law',s ,,def9ition ,,( ,,prop]ty--,,& ,,public ,,policy ,evid5tly ! law's def9itions ( ,indu/ry & ,prop]ty are only t :i* 7 kn[n & accept$ z su* be=e ! ,era ( ,me*anical ,inv5tions4 ,& :ile ! law is suffici5tly mod]n 9 exact+ a fee f ?is mod]n class ( toil]s1 yet x has n mod]niz$ suffici5tly to ext5d to !m ! enc\ragem5t & protection t 9 all reason & ju/ice !y are entitl$ to1 ev5 )\t additional exaction f !m1 & x is also aga9/ public policy4 ,full _m a gem ( pure/ ray s]5e ! d>k unfa?om$ caves ( ocean be>4 ,full _m a fl[] is born to blu% unse5 & wa/e its sweetness on ! des]t air4 ,_m a great inv5tion to increase human com=t & happ9ess w\ld be giv5 to ! _w1 if inv5tors 7 giv5 t enc\ragem5t & protection :i* _! g5ius1 indu/ry & usefulness des]ve4 ,,*apt] #cj ,,! ,,successful ,,inv5tor ,"o has inde$ to be m ?an ord9>ily gift$1 & mo/ c>efully tra9$ 9 _m directions1 spiritual1 m5tal & physical1 to be a successful inv5tor4 ,to improve by "o's own ability & ef=ts ! results ( any phase ( human activities2 to conceive1 execute & adopt & introduce a new & improv$ me?od = ! c>ry+ out ( c]ta9 human ex]tions )\t infr++ ^u1 or appropriat+ ! ef=ts ( o!rs2 to secure a fair & j %>e ( its b5efits1 to be translat$ to high] planes ( life1 )\t becom+ ov]-consci\s ( x2 to be call$ to ! managem5t ( affairs involv+ ! int]e/s1 & welf>e ( o!rs2 to be able to d s1 n only pr(itably1 b 9 a mann] to ga91 hold & pres]ve ! e/eem ( our fell[-be+s1 is inde$ a cr$itable a*ievem5t4 ,well wor? ! ambition ( e high-m9d$ p]son extraord9>ily gift$4 ,x requires ! prov]bial wisdom ( an owl1 ! cunn+ ( a fox1 & ! c\rage & /r5g? ( a lion4 ,if ! true hi/ory ( all ! pre-em95t inv5tors %\ld be writt51 x w\ld be a record ( ,mak+ ! mo/ ( oneself1 pa9/ak+ labor1 & ( con/ant devotion to duty1 ( z brave & z true m5 z ev] wore brass buttons & gold lace2 :o1 )\t m>tial glam\r & l\d acclaim1 quietly solve & ov]come great difficulties1 aga9/ disc\rag+ odds1 & atta9 good results4 ,,*apt] #ca ,,comp>ative ,,treatm5t ,,! ,,_w ,,accords ,,to ,,!m1 ,,& ,,summ>y ,! _w pays no he$ to ! ef=ts & /ruggles ( su* m51 (t5 neglects to rew>d _! good a*ievem5ts1 yet x nev] fails to avail itself ( _! b5efits4 ,! ,monet>y rew>d met$ out by ! _w to ev5 ! mo/ successful inv5tors is insignificant1 comp>$ to ! b5efits be/[$ ^u x by ! b5efici>y ( its gratitude4 ,! _w is full ( monum5ts & /atues to !m :o h or h tri$ to b5efit x by de/ruction & slaught]1 & by ! mak+ ( wid[s & orphans1 b "o w\ld h to use ,diog5es' ,c&le1 to f9d ! monum5ts to !m :o h b5efit$ ! _w1 by giv+ x untold weal? & happ9ess1 )\t sorr[ or suff]+1 except to !mselves1 ?r\gh sci5tific & me*anical rese>* & inv5tion4 ,! feel+ ( hav+ b5efit$ our fell[s1 ( hav+ help$ to improve ! _w = o!rs1 z o!rs h done = u1 ! sweet consci\sness ( hav+ giv5 ! _w ,:at 0 be/ 9 u1 is ! true & only adequate rew>d to him :o has giv5 8 be/ ef=ts to light5 human burd5s & increase _! happ9ess4 ,transcrib]'s note3 ,m9or spell+ inconsi/5cies1 ma9ly hyph5at$ words1 h be5 h>moniz$4 ,obvi\s typos h be5 correct$4 ,an ,illu/rations section has be5 add$ z an aid = ! read]4