Associations can wait five years for a return.

Every year, meanwhile, increases the value of the shares.

Your father takes, we say, fifty shares at L50 each, paying only an instalment of L2 a share.

He sells 35 shares at cent per cent.

He keeps the remaining 15, and his fortune's made all the same; only it is not quite so large as if he had kept the whole concern in his own hands.