The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-15
VIEWS OF A MILLIONAIRE
Carnegie Gives His Ideas Of q Rich Mans
Duty to Others.
MANY RETIRED BUSINESS MEN UNHAPPY
NiuI,i-MiIIionnircs Could and should
DO Good--Mnny Rich Men Have
Their Hobbies.

New York. May IA Tribune special
from London saws: Mr. Andrew Carnegie
has nothing to say about his business az
fairs except TO express his qualifications
that the time has come when he can refuse
to make any mere money and devote his
leisure to wise administration OF his
great fortune. While he has been mis-
quoted In SAYING that he considers II dis
graceful for man to die rich. he intends
to spend the remainder OF his life in carry
ing out his own gospel OF wealth When
asked for statement OF his views of the
retirement OF rich men from business no
made the following responses We'll, there
are only two courses for multi millionaircs
TO follow Some may feel that although
they have plenty to retire upon they have
very little TO retire to. Many men VINO
retire from business become very unnap-
py They have not cultivated other sources
OF happiness or occupation In this case
men do not own millions--the millions own
them and the multi- millionaire Is only q
slave. Such men viii be less miserable "
they continue 10 the end and die like Mac
beth. with the harness on their back
I'VE Americans do not retire so gen
orally as the British. because the Briton.
as a rule. has hobby apart from his Dusi-
ness He Is not half 80 strenuous a busl-
ness man as the American. but he has
pleasure In his country place in which he
spends several weeks. One friend had
went in for pigs, He was great manu-
facturer; he had a species OF pig called
after him. II does not matter what 1t Is
so that It is something. lie may breed
horses at a loss. The principal wine mer-
chant of the world does 80. When such
men make competence and arrive at year.
/ OF discretion mean 60 and overland
retire they have sufficient interest in Other
things to give them happiness. Besides
! this there Is a wide field of usefulness II
district or local public life which | have
been providing to see during my visit:
paid to several well known manufacturer
/ in this way.
Although this course is less generally
pursued by the American than the Briton
still the American Ia not the worst exam
pie Take MIR. Marduaud what noble
example. He retired from business ant
the METROPOLITAN museum is his daily care
! A few people IN New York know the deb
that that city. yes. even the country, owes
4 to the retiring gracious old gentleman
I Take Mr., Kennedy. my fellow Scot, who
( retired from business but. as Mrs. Kennedy
told me a few days ago. he Is busler thar
ever But he is busy with the coming pub
lie library. the United charities building
and many other such institutions. Taxi
MI. JUhbup. lODk Ut Lut lIluetuHi VI uatNlp
history of which he watches with fatherll
care. Take Seth Law, who had a larg'
business which he left to assume the prest
dency of Columbia university. TAX
Charles Stewart smith who leads a happ.
and useful life.
Nov all those men have not as thei
life work miserable aims. which end witt
self They are aboring for the good o
Others. | could mention other names, blu
these suffice for illustrations.
The question Is whether such n graceful
ending Of life Is not higher life than tina
pursued by men who have far greater for
tunes than any Of these but nevertheless
are found still Immersed In the struggl
for more personal gain. the Anal summon
finding them amid their useless hoard
from which they are torn and which as
rule are used after their death In a wa
T that would arouse their Indignation
they could look down. Is II not the part q
wisdom then for milionaires to devot
their declining years 10 putting their other
wise useless millions TO some good use
! Brilliant as many OF their investment
may have been surely such investment d
their wealth would eclipse them all"
Mr. Carnegie will go to Scotland o
Tuesday and will return to America in tn
autumn, where he expects 70 spend tn
remainder OF his life distributing hi
t wealth wisely and carrying out varlou
plans of beneicence and taking an activ
interest IN politics, He warmly says tho
his worst enemy is the man who will te
him how 10 make any more money.