The herald., 1897-03-14
some HIGH WAGE Farmers
Fancy Salaries Paid to Rich
New Workers
THE MILLIONAIRE'S ADVICE
johu A. Mccall, at Present 10 This City.
Believes in Salaries
s.1o Irto Business for Yourself" Does Not
Count With Men Who Receive
SIoo, 900 Yearly

NEW YORK, March 2-Millionaires
have a pleasing habit when they are
advising other folks about accumuiating
riches to tell them TO get the first thou
sand, go into business for themselves
and then all will be plain sailing. Far
ticular strees Is laid on the fact that
every man should get into business Tor
himself as soon as possible. 1t is pointed
out that the man who worke on salary
ana is the slave of other folks can never
amount to much.
This appeals strongly to the small boy
who is lust beginning to face the chilli
ness of a cold world on salary of 81 per
week. Quite naturally he doesn't see
much of the luxurious in a salaried 1oo'
and he regards the advice of the million :
aire as nuggets of golden wisdom.
Yet a glance at some of the salaried
men of New York throws halo of fiction
about these alleged nuggets. Many OF
them have never done anything but
work on a salary, yet they live in Fifth
avenue; they maintain magnihcent
country homes; they go sailing aoout III
steam yachts; keep fine horses ana ooN
at the opera; the diamonds OF tner
wives dazzle the sun IN briliiancy; tney
eat $40 lunches in the middle of the day
and smoke cigars that cost $l.25 each;
they invest neat pile each year in gilt
edged Wall street securities, and eacn
one of them could buy and sell hum
dred ordinary men who are IN business
for themselves. What is more, tnese
business owners truckle TO these saiar-
led men financially, socially and COM
mercially.
Yet the millionaire says: go into
business for yourself"
A s50, 600 A YEAR JOB.
Recently considerable attention was
given by the public to John E. Parsons
by reason of the legislative investigation
of the sugs0 trust Mr.. Parsons is
lawyer, but instead,of looking up miscel-
laneous clients he gives all OF his time
to the sugar trust for certain salary.
said to be $4,000 a year. When the su-
gar trsist was in the process of formation
MIR. Parsons did the work of merging
the different refineries into the one big
concern and for this he received Zee
of $3.50 900. This, by the way, is credited
with being the largest sum ever paid to
q lawyer for single piece OF legal work
If Mr. Parsons had refused to enter the
service of the sugar trust it is a ques-
tion whether his earnings would be as
much as the salary he draws.
Another shining example of the beauty
of the salary system is that evernotable
gentleman Chauncey Mitchell Depew.
AS pretty nearly everybody knows, Mr..
Depew is credited with receiving as
much as the citizens of the United States
lay their N~osldent. Mr.. Depew is pro-
fessfonally a lawyer, but it is question
whether he could make 100000 a year
defending people and claims in court.
He labored at litigation for time, bu.
he never made one-tenth of the sum he
earns by working for the Vanderbilts.
Moreover. his association with that au-
gust family has afforded him many op-
portunities for making money in numer-
Gus directions. -N
ALWAYS WORKED ON SALARY.
Then there Is John A. Mccall, presi-
dent of one of the large life insurance
companies. He has never embarked in
"a single business enterprise on his own
account, but he is earning $4,000 a yeaf
now. Thirty years ago he began his
tussle with the world as clerk in the as
sorting house for state currency at Al
bany, N. Y. He received $50 month.
and esteemed himself exceptionally
lucky. Then he filled various other
clerkships. and finally became superin
.tendent of the state insurance depar.-