Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1894-03-17
MEDICAL MAJOR GODS


THEY NtNAI FFElN Eh0 ITEMS Gr 49,
GAL FAME IN FANCY FEES.
Rsus Encrmens Incomes That Are En-
ioyed by ths Eject In Their Respective
rrof-ssIsn. In New xerk--Erow. In Con-
sr.ss. the ccmmea Herd rarsa.
An English jour- -iisf visiting this coun-
try few years ago "a. a OF New York that
Il was "a market where all desirable wares
are certain TO bring fair reward for tha
trouble and expense OF producing them"
While this Is as true today ~ IL WIS then.
there are critics who find fault with the
scale Of prices and give point TO the old say
ing that 10 IL impossible 10 satisfy every
body,
A reporter has investigated the subject
OF professional incomes received In this
city, and Ina the course OF this Investigation
has discovered that, II the figures cited by
President Harper are accurate, his colleae
professors arc doing quite Ne we'll as the
average lawyer. doctor and clergyman In
New York. lie states that in CT colleges
having from 20 to 20 students, the salaries
Of the most highly paid professors average
about q 900, and that In colleges having
more than go students tho average h
81, gl8.
The average business man who makes
per cent OH his invested capital thinks that
he IL getting u very fair return for IL. The
capital of the professional man Ii his esiu-
cation, SO that President lfarper's professor
receives an income about equivalent 10 that
derived from So, 900 Invested at per cent.
Many doctors and lawyers have confessed
to the reporter that they would be glad to
feel sure Of realizing that profit as the re-
suit Of a years labor.
During the last 81 or 40 years the rate Of
compensation for the heaviest cases Of work
In the three learned professions has greatly
increased. Before the war the lawyer who
received a fee Of sa.oI0. 5000 or $500 was
regarded Us a specially lucky fellow. To
day It IL O common thing for we'll known
members OF the bar TO charge and obtain
such sums for n particular service.
During the famous Erie litigation,
brought about by the transactions Of Fisk
and Gould. David Dudley Field. their coun.
! sci, Is said TO have received a retainer OF
| 100000. At no time during the period
when that eminent iurisconsult was at the
summit of his fame and In the midst Of an
active practice did he derive less than 500.
000 per annum from his professional iabors
Mr.. Evarts' income was quite ms large, and
MIR. Choate, his partner, Is today Ia rcce' pl
OF one that cannot he much less. While
thesa cases arc exceptional, there are, II d
| estimated, betss 800 and 900 lawyer
here whose average annual earnings will
| exceed $4,000.
Against these, which may he classified a
cases OF lawyers OF exceptional talents ant
| opportunities, ARE 10 be placed the cases oil
4 tho thousands OF less fortunate ones, many
/ of whom barely manage 10 earn support
for themselves and their families The Law
10 a crowded profession, and Tor the maj
who enters IL without briefs or friends al
Improbable one. According TO an estimate
given the reporter by member In Ions
practice. the average income OF the New
York lawyer Is between tsoo and VI COO.
The seme conditions ara TO be observed In
the medical profession. There. too. mel
OF the highest attachments and reputation
are earning yearly sums that half century
ago would Lave been regarded ~ fortune
A list submitted to the reporter Of physi
clans whose incomes exceed so0o con
tanned. among Others, such names n DIR
Loomis. DIR. Flint, DIR. Sayre. DIR. Satterlee
: DIR. Stimson, Dr. Mark o, Dr. Peters, DR.
McBurney, DR.. Hamilton, Dr.. Delatield ans
I DIR. Weir. The list Of those whose income
ett - soe tAStf<NA Ass>ss " %sSte>N ehaSa ~
I the names of nearly aU0 practitioners.
Doctors like Loomis, L lint and Sayre hols
the same relation To the practices OF niedi
4, cine that lawyers like choate. Evarts, Car
ter amt Field hold 20 the practice of law
They are the major gods" Of their nc
fession, and their remnneration Is grad
uated according 10 the public appreciation
ct their pre-eminsnt skill and talent. 4
physician who has been associated with d.
Isooniis Ia many important cases Is Of th
opinion that mis- profession yields him n
much as $4,000 or $4,000 year. In forme
times, when doctor had more bushes
than his could attend 20. he turned some o
u over TO an assistant Although that
1 still done. the most popular Of the leadinl
physicians correct the excess by increasin
their charges or by adopting the role G
consulting physicians
quarter OF q century back ESQ was tn
| a14af tts Aot q ftat& WV ~ ~ IA boiur tu
ssahceS ~. W osuef sio",id IN stih otsef ~
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