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Newspaper
Wichita Eagle
Location
Wichita, Kansas, United States of America
Date
Feb 12, 1890
Page
7
A tale shows Stephen and John Warren expanding rival businesses with rising profits then sharp reverses. Stephen borrows to grow, fears collapse, seeks ten thousand pounds from Lingard, and learns John is named partner while Stephen loses his enterprise and ends as a clerk.
James Lingard, a veteran merchant, entrusts his two nephews John Warren and Stephen Grey with five thousand pounds each to start their own ventures. Warren opts for a modest shop with careful capital, while Grey pursues a grander plan, hiring a large house and many staff, betting on rapid growth. The tale contrasts cautious, profitable entrepreneurship with ambitious but riskier expansion.
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