The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1898-12-08

NO, returned Mr.. Sage, Il kept
up public speaking for many years,
until | became so old that my voice
weakened.
DO you think Il boy should have
any special training for business
career?"
NO. All knowledge comes in handy
when you are in an office. | did lot
of general reading when l was n boy
and l have never regretted it,"
Would you advise young man to
go to college if he can?"
"A college education comes in han
dy in the way that l have mentioned.
1t adds to the young mans fund of
general knowledge. Most young men
could spend four years to better ad-
vantage though"
What would you suggest as n good
investment for young mans saw
ingsf" he was asked. you know that
there are thousands of young men
who have saved from $50 to 500 who
are at loss to know what to do with
it. Is there any way in which so small
a sum can be invested"
certainly. There are n number of
ways in which young man can place
his money so that it will yield him a
good return. He could buy one share
in good railroad stock or the shares
of som, solid bank would be a good
thing. If he hasn't money enough to
buy n whole share he can find some
companies which sell half and even
quarter shares. But he must be very
careful. Let him be sure that it is
perfectly good stock and that he is in
no danger of losing his capital. When
he makes profit on the principal he
may be Il little more reckless. per-
haps. But no young man SHOULD
ever lose his principal. for if he does,
he must start all over again.
'"rhen you don't believe in the aXi-
ON, Nothing risk, nothing gaint'"
"That's all very well, but you must
never risk your principal
The caller said that he had benn
sometimes asked 10 invest Il few dol
lars in specializing in corn and wheat
and stock.
Don't ever do it," said Mir. Sage Wig
Orously. You would lose cy 'rything."
IF Il young man saves his money
and invests in one or two good shares
at time, there is no rctson why he
should not be rich. is thrrc?'
"Nonc in III, world. but few youths
realize that" declared the finlucirr
There was n point which troubled
the young man seeking advice. lie
asked Mr.. Sage If hr thought honesty
was necessary in order to succeed in
business ana if most milli0naircs were
honest.
why, of course Il man must bc hon
est in his dealings. or he would soon
Cease to be trusted by those with
whom he does business" declared Mr..
Sage. "Hhe millioMHires of to-day
must have been honest or they would
not be rich. 1t is Impossible for Il
dishonest mar TO stay rich any myth
of time
Another thing that bothered the
young man was put in the form of n
question:
'Do millionaires sometimes feel that
their wealth is Il burden and that tn "
would rather not have SO much
money!"
'Do l look as if my money was a
burden" asked Mr.. Sage. wealth
| cannot become burden unless it is
foolishly invested. When you have
your money in safe hands it cannot
help being a comfort. To me, Of
course. it is a pleasure. | might have
been as happy without 1t, but | would
| not care to make the Xp.riment."
He laughed heartily at the cugges-
tiOn and then his face souered. Il
knew once what it was to he without
it," h. said, land that is why | am
not making a show with it now"
When Mr.. Sage dismissed his caller
he invited the young man to come
again, saying: Il will be glad to talk
with you. take great interest in
boys"
1t IS interesting to know how this
man, about whom so many hard things
are said in Wall street. impressed the
youth who had gone to him for ad-
vice.
Il shall always rememl 81 him as n
kind and fatherly old gentleman"
says the boy. "who took deep and
genuine interest in IN, ana in all boys
Ile gave me tjne that am sure was
worth lot of money and ont of pure
good will and generosity"
There arr no hOys in Russell Sage's
home. no children Mt all. The loucly
old man has long PASSED the three
scOra and ten allotted to man. Stand.
ing in the shadow of declining years,
| perhaps the sorrow of his chiiiilcas
| life makes him feel a tender intcres;
! in other peoples boys.
| How the ;rallmiM CirMns Wis T.eth.