El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-09-17
Sir Thomas Lipton's Trust.
New York Tribune.

New York Tribune.
To say that Sir Thomas Upton, the
new challenger for the Americas cup,
is the organizer and active head of one
of the greatest trusts in the world
might seem, at first blush, an attempt
to create prejudice against a man who
is soon to be the guest of this commu-
nifty in circumstances bespeaking for
him the utmost courtesy. Nevertheless,
it is quite true. He has organized a
trust, and got it incorporated, with a
number of "gilded names" on the list
of directors, including those of royal
princess and a duke. There is, how
ever, no indication that he secured
these latter by such means as those
or cOnfesses to have employed.
This concern of Sir Thomas's is
known as THE Alexandra Incorpora-
ted Trust" taking its name from the
Princess of Wales, one of the directors
already referred TO. It's object Is to
conduct restaurants in London and
elsewhere, including ultimately, it is
expected, every city and considerable
town in the Kingdom. Already more
than q thousand are on the list. Truly.
a prodigious scheme, But the trust does
not aim at universal monopoly of eat
lighthouses. Its patrons will be prac-
tically limited to single class
or to certain clasSes-tO wit,
those to whom it is an
object to get dinner for dime, rath-
err than spend q dollar or a sovereign
upon it. These are to be poor men's
restaurants, in which everything will
ne clean a d sweet and attractive, the
food of excellent quality, well prepared
and served, but the scale of prices low.
Probably the tariff will be something
like this: Bread and soup. , cents:
bread, meat and potatoes, / cents; q
good square meal, 8 cents. In such |
fashion will the trust feed millions of !
British subjects daily, in dining-rooms |
each seating a thousand persons at a |
time, and smaller ones in places where |
the patronage will not warrant estab-
lishments so large.
proposes to do in part such work as
is being done more fully in the city in
the great Mills houses. Those latter |
lodge as we'll as feed men. The for
mer enterprise will merely feed them.
But in both cases the fundamental
principle is the same-namely. to help
men by putting satisfaction OF their
wants within their reach but not to
them by giving them some
thing for nothing; The patrons re
&c i've no aims. They pay their way.
i
Institutions, save to pay their way.
The man who dimes at trust restau-
-ant for q dime will be under as much
obligation to pay that dime as the man
" no dimes at the Savoy for a sovereign |
q to pay that sovereign. But having !
hus paid his reckoning, the former
will be under no more obligation for
benefits received than is the latter.
You may not call that charity.
4 not, you must call it
omething much higher and
,etter than any charity which con-
lists merely in almsgiviug. We are
Inclined to think the sanest Judgment
# it is that which holds it to be the
most practical ,tb most permanent, and,
q general, the best form OF benefi-
euce.
Such is Sir Thomas Lipton's trust
20 its working capital he has already
INSCRIBED $500, 900, and he is
eady to double that subscription if
ecessarv. He does not expect to
ants will be self-supporting, and even,
e believes, profitable: but the profits
-ill be applied first TO extension of the
ervice and then to further reduction
t it, cost 10 its patrons. The whole
cheme is worthy of the true-hearted |
IAN who sent $4,000 over br
able the other day for the good of
ur sick and wounded soldiers. |
he is as keen a sportsman as he is a
ldicious and generous philantbropist,
bat a royal good spOrtman he must ,
e. And if he should prove as master
al in yachting as in doing good to his |
how our yachtsmep would
9 put to it to defend that cup,