Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-06-05


many of The rich are becoming richer,
but not thai the poor are becoming
poorer. The last census showed that
the poor were sharing in the general
prosperity OF the country. An estimate
made by Mr.. Henry Cannot, the ge-
ographer of the census, showed that ony
per cent OF the capital, in 1890 was
Deld by millionaires, and that at that
time fully nins-tenths OF all our wealth
was held by people who own between
81 coo and sr,os o, COO"
HOW MILLIONS ARE HONESTLY MADE
Sill million dollarsis an enormous
amou t of money. Do YOU really think
a man can make million dollars hon
estly, Mr. Secretary"
"Of cour.e he can" replied the Ser
reary Of the Treasury. Many men
have made millions, and that without
damaging their fellows. Hundreds OF
for,unes-yes, thousands of fortunes
are honestly acquired. AS a rule the
growth OF great fortune benefits the
masses as well as the few who directly
own it Let ne give you case. We
will suppose that the farmers are getting
certain price for their grain. 1t costs
them SO much 10 raise and harvest it
Then man comes along with a method
or machine by which each farmer can
save 40 per cent OF the cost Of produce
ton. He asks farmer per cent Tor
the means OF making this saving. The
farmer pays it. and S IS per cent better
off as to that item than he WIS before.
The man has made per cent out OF his
invention. This is a small sum with the
individual farmer, but when you take all
the farmers OF the country, the per cent
amounts to great fortune. That is the
story OF some OF the fortunes which have
been made out OF labor-saving agricul-
tural machinery. There are hundreds
OF similar cases in other lines that
might mention"
SUCCESS AND HOW TO ATTAIN IT
us it in the power of any man to
make fortune 'y praciicing certain
principles, MIR Secretary" said |.
mo, l do not think so," replied Mr..
Gage. "This matter of money making
is TO a large extent one OF natural ability.
1t is also one of opportunities and cir
cumstances."
What would you advise young man
to do who wanted 10 succeed"
"What do you mean by SUGGEST" said
the Secretar, OF the Treasury. do you
mean the getting rcha'
mo, not exactly that" said |. 81
| mean the making the most OF ones
SELL"
81 would advise him." replied the Sec
rotary OF the Treasury, so do with all
his might the thing that is before h m,
and to always keep the door open in
front OF him to take advantage oil what
ever offers. He should use his leisure
for education, and should be prep fing
himself for such opportunities as may
| come. As to getting rich, that is rels-
| tive matter. What seems riches som4
is poverty to others. AS for me, thins
the <, lden mean is the best. | respect
| the man who Is able to make modei-
ate competency, who does his part in all
the avenues OF Ike, who educates his
children and dies leaving enough Tor his
widow, but not enough TO raise mpnu-
ment. Such men get too little credit in
this life. They are entitled 10 great
| deal"
Have you ever had great ambition
to be rich, Mr.. SscretaryP'
mo" replied the Secretary Of the
Treasury. II am not rich, and do not
care to become SO. have always done
what was before me with all my might.
| have made enough to live comfortably
| and have not worried about the future T"
"ls it as easy TO make money today
Mr.. Gage, as it was when you were
youngf"
81 think not" was the reply. "VaIues
during the past few years have not been
increasing SO rapidly. The country is
fast becoming settled, and the chances
for money making are not SO great"
WILL UNCLE SAM HAVE TO BORROW
lust one question about our finances"
SAID |. "Do you expect TO have to Dor
row gold Of the English bankers in order
10 pay the running expenses OF the gov
ernmen,?"
81 hope we shall not have to borrow"
was the reply; "but if we do we shall
borrow where we can get the money at
the lowest rate, whether that be from
the English. the Germans. the Dutch or
the Americans This borrowing money
is not sentimental matter. It is not
one of iavoriiism, nor does it carry any
other obligation than that OF mere re-
payment with 1t. What we want is the
money, and that at the cheapest rate
think, however, that If Congress will
give us the proper tariff, and give it at