The Richest Man in Babylon
Five Laws of Gold - 1
- Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.
- Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
- Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.
- Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.
- Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
” ‘These are the five laws of gold as written by my father. I do proclaim them as of greater value than gold itself, as I will show by the continuance of my tale.’
“He again faced his father. ‘I have told thee of the depth of poverty and despair to which my inexperience brought me.
‘However, there is no chain of disasters that will not come to an end. Mine came when I secured employment managing a crew of slaves working upon the new outer wall of the city. “
‘Profiting from my knowledge of the first law of gold, I saved a copper from my first earnings, adding to it at every opportunity until I had a piece of silver. It was a slow procedure, for one must live. I did spend grudgingly, I admit, because I was determined to earn back before the ten years were over as much gold as you, my father, had given to me.
” ‘One day the slave master, with whom I had become quite friendly, said to me: “Thou art a thrifty youth who spends not wantonly what he earns. Hast thou gold put by that is not earning?” “
‘Yes,’ I replied, ‘It is my greatest desire to accumulate gold to replace that which my father gave to me and which I have lost.’
” ‘Tis a worthy ambition, I will grant, and do you know that the gold which you have saved can work for you and earn much more gold?”
” ‘Alas! my experience has been bitter, for my father’s gold has fled from me, and I am in much fear lest my own do the same.’
” ‘If thou hast confidence in me, I will give thee a lesson in the profitable handling of gold,” he replied. “Within a year the outer wall will be complete and ready for the great gates of bronze that will be built at each entrance to protect the city from the king’s enemies. In all Nineveh there is not enough metal to make these gates and the king has not thought to provide it. Here is my plan: A group of us will pool our gold and send a caravan to the mines of copper and tin, which are distant, and bring to Nineveh the metal for the gates. When the king says, ‘Make the great gates,’ we alone can supply the metal and a rich price he will pay. If the king will not buy from us, we will yet have the metal which can be sold for a fair price.”
” ‘In his offer I recognized an opportunity to abide by the third law and invest my savings under the guidance of wise men. Nor was I disappointed. Our pool was a success, and my small store of gold was greatly increased by the transaction.
” ‘In due time, I was accepted as a member of this same group in other ventures. They were men wise in the profitable handling of gold. They talked over each plan presented with great care, before entering upon it. They would take no chance on losing their principal or tying it up in unprofitable investments from which their gold could not be recovered. Such foolish things as the horse race and the partnership into which I had entered with my inexperience would have had scant consideration with them. They would have immediately pointed out their weaknesses.
” ‘Through my association with these men, I learned to safely invest gold to bring profitable returns. As the years went on, my treasure increased more and more rapidly. I not only made back as much as I lost, but much more.
” ‘Through my misfortunes, my trials and my success, I have tested time and again the wisdom of the five laws of gold, my father, and have proven them true in every test. To him who is without knowledge of the five laws, gold comes not often, and goeth away quickly. But to him who abide by the five laws, gold comes and works as his dutiful slave.’
“Nomasir ceased speaking and motioned to a slave in the back of the room. The slave brought forward, one at a time, three heavy leather bags. One of these Nomasir took and placed upon the floor before his father addressing him again:
” ‘Thou didst give to me a bag of gold, Babylon gold. Behold in its place, I do return to thee a bag of Nineveh gold of equal weight An equal exchange, as all will agree.
” ‘Thou didst give to me a clay tablet inscribed with wisdom. Behold, in its stead, I do return two bags of gold.’ So saying, he took from the slave the other two bags and, likewise, placed them upon the floor before his father.
” ‘This I do to prove to thee, my father, of how much greater value I consider thy wisdom than thy gold. Yet, who can measure in bags of gold, the value of wisdom? Without wisdom, gold is quickly lost by those who have it, but with wisdom, gold can be secured by those who have it not, as these three bags of gold do prove.
” ‘It does, indeed, give to me the deepest satisfaction, my father, to stand before thee and say that, because of thy wisdom, I have been able to become rich and respected before men.’
“The father placed his hand fondly upon the head of Nomasir. ‘Thou hast learned well thy lessons, and I am, indeed, fortunate to have a son to whom I may entrust my wealth.’
Kalabab ceased his tale and looked critically at his listeners.
“What means this to thee, this tale of Nomasir?” he continued.
“Who amongst thee can go to thy father or to the father of thy wife and give an account of wise handling of his earnings?
“What would these venerable men think were you to say: ‘I have traveled much and learned much and labored much and earned much, yet alas, of gold I have little. Some I spent wisely, some I spent foolishly and much I lost in unwise ways.’
“Dost still think it but an inconsistency of fate that some men have much gold and others have naught? Then you err.
“Men have much gold when they know the five laws of gold and abide thereby.
“Because I learned these five laws in my youth and abided by them, I have become a wealthy merchant. Not by some strange magic did I accumulate my wealth.
“Wealth that comes quickly goeth the same way.
“Wealth that stayeth to give enjoyment and satisfaction to its owner comes gradually, because it is a child born of knowledge and persistent purpose.
“To earn wealth is but a slight burden upon the thoughtful man. Bearing the burden consistently from year to year accomplishes the final purpose.
“The five laws of gold offer to thee a rich reward for their observance. “Each of these five laws is rich with meaning and lest thou overlook this in the briefness of my tale, I will now repeat them. I do know them each by heart because in my youth, I could see their value and would not be content until I knew them word for word.
The Richest Man in Babylon
- About the author
- An Historical Sketch of Babylon
- The Man Who Desired Gold
- The Richest Man in Babylon
- The Richest Man in Babylon
- Seven Cures for a Lean Purse
- The First Cure
- The Second Cure
- The Third Cure
- The Fourth Cure
- The Fifth Cure
- The Sixth Cure
- The Seventh Cure
- Meet the Goddess of Good Luck
- The Five Laws of Gold
- Five Laws of Gold - 1
- Five Laws of Gold - 2
- The Gold Lender of Babylon
- The Walls of Babylon
- The Camel Trader of Babylon
- The Clay Tablets from Babylon
- The Luckiest Man in Babylon