It is hardly necessary to caution a young man who reads so sober a book as this not to lose his head over a little success, or to grow impatient or discouraged by a little failure.
PANIC EXPERIENCES I had desired to retire from business in the early nineties.

Having begun work so young, I felt that at fifty it was due me to have freedom from absorption in active business affairs and to devote myself to a variety of interests other than money making, which had claimed a portion of my time since the beginning of my business career.

But 1891-92 were years of ominous outlook.

In 1893 the storm broke, and I had many investments to care for, as I have already related.

This year and the next was a trying period of grave anxiety to everyone.