The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1890-04-20

negie does not say so n 30 many WORDS,
the only inference that can be drawn
from his remarks is that without abil-
ity, and that too of q pretty high order,
a young man stands very little show In
this enterprising world. A man whose
only recommendations are honesty and
economy can find q secure foot-hold In
the community, but he need never ex-
pect anything else. lie must make up
his mind TO be drudge and whatever
pleasure he enjoys In life must be on
fined to what he al extract from hard
work and the satisfaction of doing his
duty. In short he has got to stay at
the foot of the ladder.
Mr.. Carnegie a eloquent e
the young man of ability. He tells him
his success is assured, provided, OF
course, he preserves the two old
fashioned virtues Of honesty and o
Omy 10 which reference has been made.
lie warns him to beware of three rocks
that lie In his way. The first
of these is drunkenness. He does not
advise total abstinence, but insists upon
temperance. "The rule should be" he
says, never enter a barroom and never
drink liquor except at meals" The
second rock ahead is speculation. To
be successful i'm the business world,
the manufacturers and merchants
profits only should be sought. The
manufacturer should go forward stead
lily, meeting the market price. When
there are goods to sell, sell them; when
supplies are needed, purchase them,
without regard to the market price in
either case. II have never known"
says Mr.. Carnegie, "a speculative man
ufacturer or business man who scored
a permanent success. He is rich N
day, bankrupt the next. Beside this,
the manufacturer aims to produce ar
ticles, and in SO doing to employ labor.
This furnishes a laudable career. a
man in this ~avocation is useful to his
kind. The merchant Is usefully occu-
pied distributing commodities; the
banker in providing capital" The
third rock is akin to speculation en
dorsing. Business men require irreg-
ular supplies of money, at some periods
little, ut others immense sums. Others
being in the same condition, there
is strong temptation to endorse
mutually. This rock should be
avoided. There are emergencies, no
doubt, in which men should help their
friends, but there is q rule that will
keep n safe. Mr.. Carnegie holds that
no man should place his name upon
the obligation of another If he has not
sufficient to pay it without detriment
to his own business. IL is dishonest to
do so. Men are trustees for those who
have trusted them, and the creditor is
entitled to all his capital and credit.
For ones W firm. "your name, your
fortune, and your sacred honor: but
for others, no matter under what cir
cumstances, only such aid as you can
render without danger to your trust.
IL is "a safe rule, therefore, to give the
cash direct that you have TO spare for
others and never your Endorsement or
guarantee.
All of this is excellent advice, and al
though the ideas are perhaps several
hundred years old, their reiteration by
the Pennsylvania monopolist does no
harm and may do much good. What
the world would really like to e Mr..
Carnegie discuss is not how a man of
ability may win a fortune the man of
ability is sure to find his own way with
out anybody's advice-but how the
man with only enough ability tO work
in a Pennsylvania monopolist's shop or
mine may improve his circumstances,
educate his children and enjoy the at
tributes of a free man instead of suf.
fering the miseries of a slave.