Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-04-10

copyrighted, 1877, by Frank g. CarpenterJ
special Correspondence of the NEWS.
WASHINGTON, ID. c., April 9th, 1897.
HAD long chat the other
eftttftti,{s4t night with a man who has
Ett#sf21 made millions in buying pine
@attssEgf lands and cutting the timber
lt1lfltsE{A off oil them. He tells me
IHHSS#3fb that there are millions to be
lEalNHsH5s made in the same way today.
lEI,sS$H3f The man | refer TO is Ex-
WHhf Senator Philetus Sawyer, who
KtAH has now retired from business
+ NlttMN4d and politics and is leading
4 lltl}ttl lt'N,tl quiet life at his home in
NBr la o. Oshkosh. Senator Sawyer is
~ eao now over eighty years OF age.
urCt ~ He was born in New York,
and his father was in such circumstances
that he thought his boy ought 10 work
for him until he was twenty-one. Young
Sawyer bought his time OF his father at
the age OF seventeen, and until he was
thirty-one he worked by the day and
month. He told me this last night, and
also described how, when he went from
New York to Wisconsin, his sole capital
was just about $4,000.
MILLIONS IN LUMBER.
| asked Senator Sawyer how he came
to make so much money from such a
start. He replied:
1.-THE most Of my money was made in
buying and selling lumber. While /
lived in New York state could see that
lumber was worth great deal. The
forests there had been rapidly cut, and
the prices OF timber had risen. When
came 10 Wisconsin it was new state.
1t had vast tracts OF pine lands. and i
believed the day would come when these
lands would be very valuable. in
vested what had in pine, and bought
more as could. Later on borrowed
a great deal OF money and bought pine.
| made number of good deals, turned
my money over rapidly and bought
more and more. One time got hold OF
tract for SIC, 900. 1 had partner with
me in that purchase. and we each made
more than 500, 900 out oil the deal. AT
another time bought Tor 81 500 some
pine lands which aiterward sold Tor
f6a,ooo. | made other investments
which paid me 500 ooo and upward
apiece, and in this way fortune. was
gradually accumulated. Aner time |
became Interested in railroads, and
D IfIll a
in the pine lands along the roads. You
zee, all my life has been spent IN dealing
in lumber"
If YOU WANT TO GET RICH BuY PINE.
Suppose, senator" said |, ''you had
to 90 pack to business again. What
would you do, or what would you advise
young man who has a little money to
do, in order TO make lortuneH"
''lf / had a small capital aud wanted
to get rich," replied Senator Sawyer,
81 should go to the great lumbe regi rs
OF Oregon, Washington and California
and buy ali the land could carry. There
are trees there which produce as much
rs 1900 ieet OF lumber, and on some OF
the western tracts. am told, there are
from ], 900 600 to 1000, 600 feet OF lumber
TO the acre. In the fir woods OF Oregon
and Washington have seen it estimated
that the amount of timber on single
acre would turn out 400 cords OF wood,
and the forests there are OF vast extent
and very valuable. They will be much
more valuable in the future, and the
man who can get hold OF them viii be
rich"
"How about the SOUTH" said |.
~ think the chances for making
money in lumber in the south are equally
good. In Georgia and the gull states
there are large tracts oil pine and
cypress. You can get them Tor almost
nothing now in COMPARISON with what
thew will be worth in the future. We
consume an enormous amout OF lumber,
and we are using more every year.
There is nothing that runs into money
so fast as lumber, aud it will surpr Sc
YOU when tell you how fast trees grow
In value. Why, the natural growth OF
the pine tree is fair interest on the in
yestment."
PLENTY OF CHANCES FOR POOR MEN.
but senator, are not the most OF
hese forests already owned by large
.apitalislsp Don't it take lots OF money
o operate in theml You could do
hings when you were young which can
lot be done now"
THAT is true to some extent, replied
The senator. "But there are plenty oil
otaces where small amounts can be in
vested and a good, sharp fellow can
make his pile almost as well now as IN
the past. The chances OF fortune max
ing are always good Tor the man VINO
has the right eve to see them. am now
slightly, but feel that il | were 90
back into business | could make money
as easily aud as rapidly as ever.
"Do you think your success has been
due to any fixed principles or did God
rake you money maker"
Il don't know about that" said the
ex-senator with laugh. 81 think God
mas good deal to do with success in
his lite by putting the right kind OF a
mind in the man who succeeds As to
principles, have always been temperate
Ind have always looked ahead and
Iusted myself.
NOT AFRAID oP ANARCHISTS.
''But don't you think, senator, we
lave too many rich men in the United
Slatesl Is not all the capital going into
he hands OF iswp II this continues ii
nav inpsril the republic"
~ think not,' said the old senator
You see, there is no law OF en,rai in
bis country. You can leave youl