Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1890-09-04
His First Thousand Dollars.

While Luther Latin Mills was going
through some old papers the other day
he found very interesting document
from the pen of the lamented Emory A.
Storrs, which is reproduced below:
81 do not know exactly what called
for b these utterances from Mr.. Storrs,
said Mr.. Mills, shut I apprehend that
they were in reply to some young man
who wrote the brilliant lawyer for ad-
vice as to the best way of investing a
sum Of money which he had in his pos
session. |"
The manuscript is as follows:
sfThere are. several answers to your
question::
lone boy takes his 81 900, spends it
either in foreign travel or in the cultiva.
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 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 al
ways gratefully remember him. The
high spirit, the clear head, the sharp
intellectual discrimination between right
and wrong which his travel, culture and
education have given him is capital as
much better than bank stock as gold is
better than brass. No reverses of for
tune can take it from him. No financial
panics can rob him of it. tt is his and
his children's forever.
s'The other boy lays up his 81, 900; he
doubles it; he trebles it. What of it
What kind of man is he at the age Of
81? The mere money -getter is the sor-
riest 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 saddest spectacle on
this earth is that of man dying on his
pile of qreenbacks, which he cannot
carry with him, while his legatees are
counting his coin even as the breath es-
capes 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 thenP A
bankrupt, hopelessly and irretrievably
ruined.
(Which shall tho rich mans daughter
marry? answer that the man of cul-
tured mind and that broad and liberal
spirit which travel and education give
cares but little about it. If the father
desires to sell his daughter, that is his
business and his daughters. She may
start by marrying the compound interest
chap in paldce, but statistics show that
in ninety -nino csses out of one hundred
she will wind up in hovel. The father
of this daughter can take his choice.
t'Finally, no men recognize the worth,
value and splendor of strong native bust.
ness genius half so much as educated
men. Don't despise nor under-rate it.
It will always help you. It 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. OuI
great men have lived without them and
died without them, but the world loves
them still. Cresus was very rich, but
the generations of 5000 years have de-
spised him. Socrates was wretchedly
| poor, but for 1900 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
News.