Next to the expensive dressing, I place the expensive keeping company, as one thing fatal to a tradesman, and which, if he would be a complete tradesman, he should avoid with the utmost diligence.  It is an agreeable thing to be seen in good company; for a man to see himself courted and valued, and his company desired by men of fashion and distinction, is very pleasing to any young tradesman, and it is really a snare which a young tradesman, if he be a man of sense, can very hardly resist.  There is in itself indeed nothing that can be objected against, or is not very agreeable to the nature of man, and that not to his vicious part merely, but even to his best faculties; for who would not value himself upon being, as above, rendered acceptable to men both in station and figure above themselves? and it is really a piece of excellent advice which a learned man gave to his son, always to keep company with men above himself, not with men below himself.

But take me now to be talking, as I really am, not to the man merely, but to his circumstances, if he were a man of fortune, and had the view of great things before him, it would hold good; but if he is a young tradesman, such as I am now speaking of, who is newly entered into business, and must depend upon his said business for his subsistence and support, and hopes to raise himself by it—­I say, if I am talking to such a one, I must say to him, that keeping company as above, with men superior to himself in knowledge, in figure, and estate, is not his business; for, first, as such conversation must necessarily take up a great deal of his time, so it ordinarily must occasion a great expense of money, and both destructive of his prosperity; nay, sometimes the first may be as fatal to him as the last, and it is oftentimes true in that sense of trade, that while by keeping company he is drawn out of his business, his absence from his shop or warehouse is the most fatal to him; and while he spends one crown in the tavern, he spends forty crowns’ worth of his time; and with this difference, too, which renders it the worse to the tradesman, namely, that the money may be recovered, and gotten up again, but the time cannot.  For example—­

1.  Perhaps in that very juncture a person comes to his warehouse.  Suppose the tradesman to be a warehouse-keeper, who trades by commission, and this person, being a clothier in the country, comes to offer him his business, the commission of which might have been worth to him thirty to forty or fifty pounds per annum; but finding him abroad, or rather, not finding him at home and in his business, goes to another, and fixes with him at once.  I once knew a dealer lose such an occasion as this, for an afternoon’s pleasure, he being gone a-fishing into Hackney-marsh.  This loss can never be restored, this expense of time was a fatal expense of money; and no tradesman will deny but they find many such things as this happen in the course of trade, either to themselves or others.