Evening star. [volume] (Washington, D.C.) 1854-1972, 1899-10-21

needs an all-round knowledge of affairs,
and especially of men"
rs the most successful business one in
which one directs and many server
Successful Concerns.
mo. 1 should not put it that way. I think
the successful concerns are those which in
terest the largest number making them all
of one rank. partners.
NO one really serves; that is not the
right way Of looking at it. Every one con-
tributes some special quality to the general
whole. They naturally serve each other.
Il do not believe any one man can make
a great success of business nowadays. /
am sure l never could have done 50 with
out my partners. of. whom l had thirty
two. the brightest and cleverest young fell
lows in the world
Il have often said that If | had to lose
all the capital I had in the works or lose
my partners | should let all my capital so
and start again wit bout a dollar, but with
the organization intact. No, no; It IS alb
surd to think that power is going into the
hands of a few. The great concerns re-
qltire many flrst-class men. All are equal
to each other. The chief must only be frs It
among equals.
Il know that every one of my PARTNERS
would smile at the idea of me being their
superior, although the principal stock
holder. The way they differed from me
many a time was delightful to behold.
never enjoyed anything more than to get
a sound thrashing in an argument at the
hands of these young geniuses.
No man will make a great business who
wants to do it all himself or to get all the
credit of doing it. That spirit is fatal, and
the sure proof OF Il small mind"
When the poor lad without a penny has
become the great captain of industry, with
millions at his command, what are his du-
ties TO the community at large?''
AS long as he remains captain of in
duStrY his business must he conducted on
business lines. But the wiSeSt policy that
an employer can pursue toward mis- men is
TO snow by his actions that he mas heart.
IN eases of accident distress or any
trouble the firm should show that its heart
has been touched and that it can be gener-
Gus and benevolent.
The firm that has a repu tation for TAX
Ing the best care of its meil has the best
chance of success, because the best men.
which IS the same thing as the wisest men.
who. again, are the ableSt will gravitate to
that firm and stay with il.
Nothing pays well in business as gen
erous treatment. Indeed, the firm which
sees that its men make the highest earn
ingS IS certain to be the most successful"
w nat education would you advise boy
10 nave who wished to go into busness?''
1t depends wholly upon his bent Had
been able to have chosen my own educa ton
| should have preferred a classical, for l
nave no great taste for scientific subjects.
Best Education for Business Man.
Business is neither classic nor science.
The study Of human nature, 1 think is the
best education for any business man
But whether young man chooses a
scientific or a classical education if he
wishes to pursue business career, he
should rot remain long at college and uni
yersity''
AT what age should he go into bust
ness"
Well, all my brilliant partners have be
gun hard. practical work in their teens.
lnInk course at a modern university from
nineteen to twenty-four will not teach a
young fellow to be as successful a business
man as If he had been sent into business in
subordinate capacity.
This is not disparaging university edu-
cation, for | limit the observation to the
business career"
You would place men in responsible po-
S!tiOns in early life?'
Yes, earlier than is customary in any
part of the world ! believe firmly in youth
as executive agents. Older heads should be
reserved for counsel. 1t is astonishing what
a young man can do if he is only trusted -
But does not this encoura cement of the
young cut the ground from under the feet
of the middle-agcd? What about the men
who ar too old at forty?''
"A man at forty who is in search of
something to do has a prima facie case
against him. Long before he is forty he
should have shown himself to be indispens-
able and received either a very high salary
or an interest in the business
of course, there are exceptional cases
where worthy man is suddenly deprived
of work at forty. His is a sad case indeed
4 am satisfied that success in business
Is to be achieved by adhering to strict
civil service system. There should be no
promotion of outsiders over the heads of
aspiring young men. The employer who
has not made the material around him fit
Tor promotion will not be found to be much
OF captain of industry
If the employer is Indispensable to the
young man, the young man can soon make
himself indispensable to his employer"
How long, Mr.. Carnegie, do you think a
man should remain in business? At what
age should he cease to accumulate mil
liOnS?"
Very naturally, think | retired Just at
the right age. AT or about sixty In pro-
LESSONS, perhaps, they can remain longer
but business requires all the faculties to be
alert at their highest DEVELOPMENT Be
SIDES, as rule, business is so exacting an
occupation that a business man at sixty is
probably as old a man who has followed
profession Is at siXty-five.'
And when your man of millions has re-
tired from active business. in what wav do
you think he can best spend his time and
energy?"
IF he is a wise man, he will immediately
try to interest himself in public duties
This, of course, embraces good work in hi,
Immediate neighborhOod When he places
his accumulated experience and ability at
the disposal of his fellow men, he serves
himself"