Fairhaven herald. [volume] (Fairhaven, Wash.) 1890-????, 1890-08-21
HIS FIRST THOUSAND DOLLARS
Emory storrs Believed a Young Man
Should Spend It in Travel

While Luther Latin Mills was coins
through some old papers the other day h,
found very interesting document from
the pen OF the lamented Emory A. Storrs
which is produced below.
II do not know exactly what called
forth these utterances from Mr.. Storrs, y
said Mr. Mills, but | apprehend that
they were in reply to some young mar
who wrote the brilliant lawyer for ad
vice rs to the best way of investing a sum
OF money which he had In his possession. .
The manuscript is as follows:
There are several answers to your
question:
either in foreign travel or in the cultiya :
tion and improvement of his mind and
manners at home. At the age of 81, if he
Is consistent in this course, he has laid
the foundation for a long career of useful
ness and honor, and, whatever at his
death his bank account may be, he has
achieved something for the good of man
gratefully remember him. The high
spirit, the clear head, the sharp ntellec
tual discrimination between right and
wrong which his travel. culture and edu-
cation have given him is a capital as
much better than bank stock as gold is
better than brass. No reverses of fortune
can take II from him. No financial panics
can rob him OF IL. II is his and his chill
dren's forever.
The other boy lays up his 1000: he
doubles 1t. he triples ii. What of IL?
What kind Of a man is he at the age of
thlrty-One? The mere mOney-getter il
the sorriest spectacle on Gods green
earth. Leisure Is dreadful to him. He
leaves nothing behind him but monev.
and that his children waste. The glory
Of this word Is not In corner lots nor bank
~fDrkS- Nh "a Vhnffa h.. 4
Today reNerences j. remembered because
he was rich. The >addest spectacle on
this earth i thar OF man dying on his
pile of q e''nbacks. which he cannot carry
with him. while his legatecs are counting
ms coin even as the breath escapes from
his body.
But suppose that your saving boy
loses .lis stock: suppose, as often hap
pens. through no fault OF his, values are
melted away. Where Is he then? A
ruined.
Which shall the rich mans daughter
marry? | answer that the man Ofcultur-
ed mind and that broad and liberal spirit
which travel and education give cares
but little about 1t. II the father desires
tc sell his daughter, that is his business
and his daughters. She NAV start by
marrying the compound interest chap in
palace, but statistics show that in
nlnety-nine cases out OF one hundred she
will wind up in hovel. This father OF
this daughter can take his choice.
FINALLY. no men recognize the worth,
value and splendor of strong native bus
mess genius half so much as educated
men. Don't despise nor underrate 1t. II
viii always help YOU. IL will never
hurt you. Stocks and cash and corner
lots are well. but they are not all that
there is OF this world. nor nearly all. Our
great men have lived without them and
died without them, but the world loves
them still. Crpsus was very rich, but
the generations Of 1000 years have de-
spised him. Socrates was wretchedly
poor, but for 2.0OO years tie world has
loved him. You buy and sell cattle and
are at liberty to do so because OF what he
taught 2.OOO years ago"