Iron County news. [volume] (Cedar City, Utah) 1890-189?, 1890-12-06
HIS FIRST THOUSAND DOLLARS.
Emory siorrs Believed q Young Man
Should Spend It In Travel.

While Luther Lallin Mills was going
through some old papers the other day
he found very Interesting document
A. StOrrs, which Is reproduced below.
IL do not know exactly what called
forth these utterances from Mr.. Storrs,"
said Mr.. Mills, "but | apprehend tbut
they were in reply to some young man
who wrote the brilliant lawyer for adj
vice as to the best way of Investing a
sum of money which he had in his pos
session"
The manuscript is rs follows:
There are several answers to your
questions:
Zone boy takes his 81 900. spends it
either in foreign travel or in the Guilt
walton and improvement of his mind
and manners at home. At the age of
81, II he is consistent in this course, he
has laid the foundation for a long
career of usefulness and honor, and,
whatever at his death his bank account
may be. he has achieved something for
the good of mankind for which the
world will always gratefully remember
him. The high spirit, the clear head,
the sharp intellectual discrimination
between right and wrong which travel,
culture and education have given him
is capital rs much better than bank
stock as gold is better than brass. No
reverses Of fortune can take it from
him. No financial pauics can rob him
Of it. 1t is his and his chldren's for
ever.
The other boy lays up his $1,000;
he doubles it, he triples it. What of itP
What kind Of a man Is he at the age of
thirty-oneP The mere money-getter is
the sorrest spectacle on Gods green
earth. Leisure is dreadful to him. He
leaves nothing behind him but money,
and that his children waste. The glory
of this world is not in corner lots nor
bank stocks. No great man whom the
world to-day reverences is remembered
because he was rich. The saldest
spectacle on this earth is that of man
dying on his pile of greenbacks, which
he cannot carry with him. while his
legatees are counting his coin even as
the breath escapes from his body.
But suppose that your saving boy
loses his stock; suppose, as often hap
pens, through no fault of his values
are melted away. Where is he then?
A bankrupt, hopelessly aud irretrieva-
bly, ruined.
(which shall the rich mans daugh-
ter marryP answer that the man of
cultured mind and that broad and
liberal spirit which travel and educa-
ton give cares but little about it. If the
father desires to sell his daughter, that
1t is his busness-and his daughters.
-Sae may start by, mWrying the com.
pound-interest chap in palace, bAt
statistics show that in ninety-nine cases
out of one hundred she will wind up in
II hovel. This father of this daughter
can take his choice.
Finally, no men recognize the worth.
value and splender of strong ma
tive business genius half so much
as educated men. Don't despise nor
underrate it. 1t will always help
you. 1t 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 with.
out them but the world loves them
still. Crmsus was very rich, but the
generations of 5000 years have de-
spised him. Socrates was wretchedly
poor. but for 1000 years the world, has
loved him. You buy and sell cattle and
are at liberty to do so because of what
he taught 1000 years ago. Chicago
EUcni'ig NeVs.