Waterbury evening Democrat., 1889-06-17

Yet they are not without certain inter- est, and even force when considered from a strictly theoretical and imper- sonal point of view.
 There are three ways, according to MT Carnegie, in which rich men can dis pose of their money. One is to leave 1t entailed, another is to bequeath it for public purposes, and still another is to administer it during ones life for the ends which one has in view. MT Carnegie does not believe that it is possible in this age of the world to leave an estate entailed for long time to the eldest son; nor does he believe that, beyond providing for the wife and daughters moderate sources of income and very moderate allowance for ones sons, it is wise to leave large estate to ones family. In the great majority of cases where some have inherited large wealth it has been curse to them. In leaving large prop erty for public uses at death, one must trust to others the disposition of it,which it would be better if he took charge of himself. No man will deal with an others goods or interests as wisely as he will with his own. The thing for rich men to do, in MT Cronin's estima- tion. is, first of all, to set the example of modest and simple living; then to provide moderately for the reasonable wants of those dependent upon him, and then to consider all surplus revenues as trust funds, which he is called upon to administer in the manner best calcu- lated to produce good results for the community. In this light the man of wealth becomes the agent and trustee for his poorer brethren.
 Leaving aside the consideration that MT. Carnegie breaches better than he practices, and that his grandee life is l anything but the modest and simple living" which he advises, there is much | in his abstract views to commend and l to desire as the course for men of wealth | to pursue. In spite of the theories o1 Edward Bellamy and impractical dreamers of his school individualism and competition will continue to be, as | they have been from the beginning o1 human experience, economic principle. on which to predicate the relations o1 mankind. Such being the accepted ano certain standard, nothing is more evi dent than that accumulation must con tinue to be, as it has been in the past, thu result for the few who by nature or thu condition of fortunate surroundings, anC the capacity to avail themselves of them seem to be especially adapted to tn, gathering of wealth. It is the distribu tion of their accumulated riches that ha a practical interest for the masses, anC MT Carnegie's theories, while not made impressive by any disposition of his ow1 to put them in practice, appear to b, well adapted to secure an equitable re suit ill that direction. If more of ou
 millionaires could be brought to imitat' the late lamented Peter Cooper ane make such disposition of their wealtl during their life time as was his deligh
 to do, the poorer ones of earth would look with less hatred on the unequal con ditions that now keep them in povert. while the richer ones continue to add t. their vast possessions. If the rich mel
 would realize their duty, as MT Carnegi
 expresses it, to live modestly and simply to provide moderately for their famiie
 and to consider their surplus rev
 enues as trust funds to be ad
 ministered for the highest goot
 of the community, there would be les
 of the tendency to anarchy, socialism
 and iconoclasm of the established orde
 than now seems to be predispositiol
 with large masses of the community The problem of rich and pooE might no
 be entirely solved by the abstract propo
 sitions of MT Carnegie, but their realiza
 tion would certainly tend to voiding tn
 present volcanic condition of the bod,
 polite and establishing a profounde
 conception of the common brotherhoo
 of man.
 The rich are confronted with problem
 and duties in this age in degree tha
 has never yet beset their attention, an
 it will be well if they give heed in tn
 abstract and in the concrete to view
 like those expressed by MT Carnegie
 In no other way can they stem the tid
 that is setting, imperceptibly perhap
 but none the less surely, to reversal c
 the present order of things.
 WATCHES, Diamonds, Clocks, Silver 5 ware, etc, etc, at LAKE, STROBE
 & Co.'S.
 Choice Pineapples very cheap at Ladd's F Strawb wberries fresh every day.
 There Is No Doubt
 l l,of fnsr