The times. [volume] (Richmond, Va.) 1890-1903, 1890-03-15

If the question were asked: In what's the
average mann most interested? the answer Of
very large majority ofthose Intercepted
would most probably be: In solving the
problem Of how to make money. What is
the key to the problem? What is the Open
Sesame to the golden chamber;
The men whose opinion is entitled to most
consideration in this connection, are those
who have shown by eminent and perma-
nent success that they possessed the inyalu-
able secret. In recent interview with "a
representative Of the New York Herald, Mr..
Russell Sage, one Of the leading million
aires Of the North, discoursed at length on
tho qualities necessary tomoney-making on
a scale Of importance. In thefirstplace, be
asserted that il was in the power Of every
man Of ordinary intelligence 10 accumulate
fortune, but he must not only adopt but
also act consistently upon three principles,
industry, economy and patience. twill be
observed that Mr.. Sage leaves chance out
Of account. Indeed, he cmphatically stated
that no reliance whatever was 10 be placed
on luck, a somewhat strange announce
ment TO come from one whose life was as
ISOLATED so intimately with Wall street. A
mind capable Of directing every thought in
the line Of the special qualities named, he
declared, could not by any conceivable
combination of circumstances, while life
and health lasted, be deprived ofsuccess.
As subordinate 20. but still as part Of
these three fundamental qualities, Mr.. Sage
laid much stress, first, upon an inyariablc
course Of conduct that would command the
respect and confidence OF all men; second
~, upon a readiness to receive set backs
without Encouragement or relaxation Of
energy; and thirdly, upon an ability to ap-
ply the mind closely and without tagging
TO the purposes it has in view.
at is very seldom" he said, "that large
fortunes are made 10y spreading out The
risk Of disaster is too great A man should
never allow his affairs to get beyond his
control. lie should thoroughly master his
business and let it grow 10 its natural de
mansions. There is a vast difference be-
tween spreading out and development"
His references 10 n choice of profession
and the age at which the active work Of life
should begin will be found interesting
"The question Of choosing business is q
serious one. As a rule, a young man should
adopt the calling for which he has prefer
ence. Ii he has no particular choiccit would
be well for him 10 try different occupations
until ne finds onethat suits him. / do not
counsel changing about 10 crafty q spirit Of
uneasiness, for once young man is INSTALL
ed i'm the business he is suited 10 he ought
to stick 10 IT, have known young men who
entered CmplOyments reluctantly, and after
q trial became fond of them.
"'Ihe young man should start out i'm the
world by the time he is twenty-one. If he
is qualified TO begin life for himself al an
earlier age he should do IL. ] began Is
clerk when / was twelve. AT eighteen ]
was in business for myself, and l have kept
up my sign ever since. / should say that
the average boy could take a clerkship NJ
the age of sixteen or eighteen. A wrong
start need not mean a permanent failure.
MANY Of the most successful men have
started wrong and afterWard righted them
selves