The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-05-28
q MONEY USES


A special cable to the New York TrinA
une and tho Chicago Tribune. from LON
don, says:
Andrew Carnegie, when asked to give
his views on the retirement oe rica man
from business, said: J
'sWeal. there arc only two courses TOR
multi-millionaires to follow. Soma may
feel that, although they have plenty to
retire upon, they have little to retire To-
Many men who retire from business be-
come unhappy. They have not cultivated
ether sources Of pleasure or occupation.
In this case men do not own millions: the
millions own them, and the multi-nillton-
afro il only a slave. Such men viii. no
doubt, be less miserable IL they continue
- the end ana die like Macbeth, with tho
harness on their backs
I'VE Americans don't retire 30 generally
- the Britous themselves, because the
Briton, a. q rule, has hobby apart from
his business. He il not half so strenuous
. business man a. the American. and usu-
ally takes intense pleasure In his country
place, In which he spends several days q
week. He may be an authority upon gar
dening; II he goes In for roses. his roses
take the first prize In the flower show.
One Rich Manss Hobby.
''Ons friend had went in for pigs. He
was . great manufactures. and he had a
species Of pig called after him It does not
matter what it is, % that II II something.
He may breed horses at loss. The prinr
cipal wine merchant Of the world does -
When such men make competence md
arrive at years OF discretion-I mean % o.
overland retire, they have sufficient In
nesA !
although thts course u less genelany
pursued by the American than by the Brit.
on. sim America h not without uluStIious
examples. Take Mr.. MarQuand; what q
noble example! He retires from business,
and the Metropolitan Museum Is his dar-
ling care. Few people in New York know
ty-owes to that retiring. gracious old
gentleman
Take Mr.. Kennedy, my fellow-Scof, who
retired from business; but. a. MrA Kenne.
dy told me not long ago, he is buster than
ever. But busy about what? About the
Presbyterian hospital about the coming
public library. the United Charities build
ing, and many other such Institutions
True Life % wealth.
Now. all those men have not as their
life work miserable aims which end with
self. They are laboring for the good Of
others. The question IL whether such
graceful ending Of ME ID not higher life
than that pursued by men who have far
greater fortunes than any Of these, but,
nevertheless are still immersed In the
struggle for more personal gain, the oral
sunntons finding them amid their useless
boards from which they are torn and
which, as rule. are used after their death
IN way that would rouse their Indignation
Il they could look down.
rs 1t not the part Of wisdom, then. for
millionaires to devote their declining yearp
to putting their otherwise useless millions
nA Y1~>aHa a~~. - =,
their investments may have been, surely
such investment Of their wealth would
eclipse them ALL"
Has No Set Plans.
Special Cable to tho New York World and
the Chicago Tribune
1 LONDON, May 13-Andrew Carnegie
spoke freely this morning concerning his
plans OF public benencence and Of indus
trial composition In the United States and
England. both Of which are topics OF con-
troversy and speculation Just now
Have you any general scheme for dis
bursting your mi1lions?' was asked
Not any set scheme. The directions In
which ! have tried heretofore TO DO some
good AFFORD q general indication Of my
ideas OF the most beneficial uses to which
living to believe In promscuous or in
discriminate charity. In my opinion, out
OF every 1000 bestowed on so-eaIled char
~ $3.50 had better been thrown into the sea-
No applications need be made to me for
contributions. All letters are opened by
my secretary. and such applications never
get before me. hope to preserve what
little reputation ! possess for common
sense in assisting useful objects. My gift
20 Birmingham il only q slight return for
the inventions Birmingham has given the
Pittsburg steel and iron manufacturers.
II really don't know whether win be
glad or sorry to so out OF business. II is
. great wrench. but daresay 1 shall md
lots OF occupation Anyway, / leave for
Scotland on Tuesday. and look forward to
delightful holiday on my salmon rivers"
Carnegie ON Politics.
Mr.. Carnegie gave out the following sign
ed statement today on the political outlook
In tho United States:
1T gives me pleasure to state the posi-
ton In which ind the imperiahs.ic cues
tion here. / have seen many OF the mos,
prominent public men now In London, who
I know have been friends OF the American
republic when II needed friends From the
highest 70 the lowest, without execution.
they have met me with expressions of deep
regret that the republic founded by Wash
ington and his colleagues, upon plans so
much higher than any other state, should
AAsc taASh ~ tHe tSsSi OF Sne military
states Of Europe. Some Of these men sspod
with Bright in the campaign against the
imperial party here which longed 10 strike
u down
Il repeat, without exception these men
are lamenting the lapse from the fruA
Anericanism TO this miserable imperialism
] have met men Of the other class who
struck us when the republic WA down. Let
me give them credit for a change in their
feeling toward America knew them now
to be the foremost advocates OF a race
alliance. but I also know IL I were q
British statesman there 10 no price I would
not pay for IN alliance with America No
price 10 too high for securing her entrance
into the troubled waters of the far east.
because IL h the true desire Of Euxl,sh.
speaking men that we should stand toe<th-
sr against men not Of our race Blood n
thicker than water. and an alliance with
America 10 now tina keynote OF Rri;ish
policy and wisely. but II IL not an alliance
With the present Industrial republic that =
wanted