Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-10-26

new faith are vague incon0,e -
parently absurd the underlying pow
which YIELDS and Yields them Is na'Ie
and distrust of property
The objective point is at present the COZ
noration. But as the operation ana hece'
sity of this device for transacting Dus
moss in which all as stockholders can pai
tieinate is better understood, the million
aire becomes the target 1t is at once IN
anomaly and the danger of the crusade
that IL enIists those who are themselYe
nronerty holders, as farmers or house own
ers or tradesmen, against those VINO nav
more Selfish and ostentatious wealth J
the most potent agency for promoting TN
| nathods for its own diminution ana de
struction by legislation, while the wise ant
generous use of money builds barriers 10
| its protection.
The most arrogant and offensive manages
of money is often the man who has en-
dured and suffered adversely and hnall,
becomes a success. He proudly boasts, =
owe nothing to the world" and No one
ever did ANYTHING for me-" He is neither
sym pathetic with the struggling nor sensi
| tive to duty. As money making machine
he incurs the enmity of his fellows and
cares nothing for their good will. With an
increasing contempt for those who fail to get
on In business comes a growing disparage-
ment of the value of the work or services oil
others. He pays grudgingly, and gives re-
gretfully only under the resistless pressure
of his surroundings. In the lending of mon
ey he practices the arts of the usurer, and in
speculation those of the gambler. The world
gains nothing by his life and his heirs are
his only benefciaries at his death. Such a
man does infinite harm He is at once the
excuse for and the irritant Of the combina-
ton of the elements, which, either blind
ly or viciously labor for the destruction
of our institutions and laws He has exist
ed under all forms OF government and so
ciety, but it is in republic that be becomes
peculiarly obnoxious, and the methods OF
reaching him seem more accessible.
There are men who so use their wealth
that the whole community rejoices in their
good fortune and applauds the management
of their trusts Their course sharply differ
entiates between property and its admins
tration. They draw the fire from vested
interests, upon whose integrity and safety
the structure OF society depends, and con-
centrate it upon the unworthy steward
who defies the written laws Of God and the
ones of men. A most noble and
brilliant representative Of this class was
the founder of this university. Prosperity
made him neither an idler nor voluptu-
ary II added fresh vigor TO his work, en-
larged his vision and broadened his sympa
thies. There were no mawkish sentiment
tality nor theatrical surprises in his char
acter be determined TO devote portion of
his fortune 10 the welfare of his countrymen |
and country women and decided that the |
best way was TO give them the education |
and training with which TO help them |
selves He had the self made mans belief /
hat a successful career is possible 10 every 1
me who tries, but he knew from sore ex.
lerience how much more difficult is prog.
ess for the poorly equipped in the sharp
Of life. He did not give up
money making. On the contrary, the more
'eneficent purposes TO which he found it
ould be applied the harder he worked TO
,ain more His was the ideal Of the divine
Injunction TO be 'diligent in business. serv
ny the Lord"
In great crises in the history OF nations
nd in the conjunction of events which
reduce revolutions in the moral, the men.
al or the physical conditions of a people,
mergency. The causes which produce
i'm and the results which follow his ac-
ions may form an epoch In the develop
lent of the race or only contribute TO char
cteristics which mark a century. A Ce.
ar, Hannibal, Napoleon, Peter the
Iermit, Luther, are eras in the story OF
ne world. The generations which live in
ne period OF the activities OF such phenom
nal genius are either consumed by the
urning heat Of the sun or blinded by its
idiance. Centuries must elapse before
e can calmly contemplate their powers
: achievements, forgetting the frightful
itferings and calamities through which
leir work assumed form and permanence.
Mr.. cornell's Wise Forethought.
1t is our happier lot to celebrate one Of
lose minor events which is not revolu-
on, but am evolution. The government OF
e United States suddenly discovered that
had duty TO perform toward the educa.
on OF the people. The federal constitu.
Dn made II necessary to act through the
ates. Congress gave for this purpose "a
rye grant Of land, and nearly million
acres came to New York Schools
ruggling in financial difficulties, localities
nbitious for an institution Of learning
id spectators seeking the possession Of
e prize threatened the eoniiscation or ..
ssipation of the trust. The friends of
CHER education, who had hoped for great =,
nefits to the commonwealth from the ,
Sc administration Of this fund, were in
spair. The wisdom and generosity Of
:. Cornell saved the honor of the state
d rescued the national gift for education.
said Concentrate this endowment,
lieh is the only way to get its benefits. ]
will add a half million dollars TO il
IN my own fortune" 1t is significant !
upon the ignorance and greed :
the times and the progress indicated by
S celebration that the state Of New York
acted from Ezra Cornell 81, 900 as forced J
butte for the privilege of giving $4,000 !
his own money forthe permanent benefit =
her people.
he selection and placing Upon the mar
by the several states Of these lands had :.
uced their price so low that but frac-
n Of the sum intended was realized. I
en- the same business sagacity, foresight !.
indomitable courage which had carried
telegraph to success again came to the !.
bic service The founder contracted
IA the state to carry these lands and bear :