From The Wit and Humor of America, edited by Marshall P. Wilder, Volume III, New York and London: Funk and Wagnalls and Company, 1911; p. 583.
BY CAROLYN WELLS
Once on a Time two Business Men were Each Confronted with what seemed to be a Fine Chance to Make Money.
One Man, being of a Cautious and Prudent Nature, said: “I will not Take Hold of this Matter until I have Carefully Examined it in All its Aspects and Inquired into All its Details.”
While he was thus Occupied in a thorough Investigation he Lost his Chance of becoming a Partner in the Project, and as It proved to be a Booming Success, he was Much Chagrined.
The Other Man, when he saw a Golden Opportunity Looming Up Before him, Embraced it at once, without a Preliminary Question or Doubt.
But alas! after he had Invested all his Fortune in it, the Scheme proved to be Worthless, and he Lost all his Money.
This Fable teaches that you should Strike While the Iron is Hot, and Look Before you Leap.