The History And Business Successes Of Liberal Givers.
Mr. Nathaniel R. Cobb, a merchant connected with the Baptist church in
Boston, in 1821, at the age of twenty-three, drew up and subscribed the
following covenant, to which he faithfully adhered till on his death-bed
he praised God that by acting according to it he had given in charity
more than $40,000.
"By the grace of God, I will never be worth more than $50,000.
"By the grace of God, I will give one fourth of the net profits of my
business to charitable and religious uses.
"If I am ever worth $20,000, I will give one-half of my net profits; and
if I am ever worth $30,000, I will give three-fourths; and the whole,
after $50,000. So help me God, or give to a more faithful steward, and
set me aside.