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Franklin, Benjamin, 1706-1790

"The Autobiography of Benjamin Franklin"


My business was now continually augmenting, and my circumstances growing
daily easier, my newspaper having become very profitable, as being
for a time almost the only one in this and the neighbouring provinces.
I experienced, too, the truth of the observation, "that after
getting the first hundred pound, it is more easy to get the second,"
money itself being of a prolific nature.
The partnership at Carolina having succeeded, I was encourag'd
to engage in others, and to promote several of my workmen,
who had behaved well, by establishing them with printing-houses
in different colonies, on the same terms with that in Carolina.
Most of them did well, being enabled at the end of our term, six years,
to purchase the types of me and go on working for themselves,
by which means several families were raised. Partnerships often
finish in quarrels; but I was happy in this, that mine were all
carried on and ended amicably, owing, I think, a good deal to
the precaution of having very explicitly settled, in our articles,
every thing to be done by or expected from each partner, so that
there was nothing to dispute, which precaution I would therefore
recommend to all who enter into partnerships; for, whatever esteem
partners may have for, and confidence in each other at the time
of the contract, little jealousies and disgusts may arise, with ideas
of inequality in the care and burden of the business, etc., which
are attended often with breach of friendship and of the connection,
perhaps with lawsuits and other disagreeable consequences.


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