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Cahan, Abraham, 1860-1951

"The Rise of David Levinsky"

Chaikin give up his job before we have accomplished
anything? I think it would. Indeed, it's my money that's going to be
invested. Do you blame me for being careful, at the beginning at
least? I neither want Mr. Chaikin to risk his job nor myself to risk
big money."
"But you haven't even told me how much you can put in," she
blurted out, excitedly.
"As much as will be necessary. But what's the use dumping a big
lot at once? Many a big business has failed, while firms who start
in a modest way have worked themselves up. Why should Mr.
Chaikin begin by risking his position? Why? Why?"
The long and short of it was that Mrs. Chaikin became enthusiastic
for my Division Street shop, and the next day her husband took
two hours off to accompany me to a nondescript woolen-store on
Hester Street, where we bought fifty dollars' worth of material
The rent for the shop was thirty dollars a month. One month's rent
for two sewing-machines was two dollars. A large second-hand
table for designing and cutting and some old chairs cost me
twelve dollars more, leaving me a balance of over two hundred
dollars
Before I went to rent the premises for our prospective shop I had
withdrawn my money from the savings-bank and deposited it in a
small bank where I opened a check account
"Once I am to play the part of a manufacturer it would not do to
pay bills in cash," I reflected.


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