Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-05-13
CARNEGIE IS
TO RETIRE
He Tells What MilliOnaireS
Should do
WHEN THEY REACH SIXTY
Notable Examples of Americans
Whose Fortunes are Now
Uplifting Humanity.

New York. May ia dispatch to the
Tribune from London says: Mr.. Andrew
Carnegie has nothing to say about his
business affairs except to express his
qualification that the time has come when
he can refuse to make any more money
and devote his leisure to a wise admin
lstration of his fortune. While he has
been m%isquoted in saying that he consid-
ers it Gissraceful for a man to die rich, he
intends to spend ths remainder of his life
in carrying out his own gospel of wealth.
When asked for a statement of his views
of the retirement of a rich man from bust
ness he made the following statements:
We'll, there are only two courses for
multi-millionaireS to follow. Some may
feel that although they have plenty to
retire on, they have very little to retire
to. Many men who retire from business
become very unhappy. They have not
cultivated other sources of D leaSure or
occupation. In this case men do not own
the millions, the millions own them and
the multi millionaire is only a slave. Such
men will. no doubt. be less miserable if
they continue tC the end and die like Mac
beth, With the harness OF their backs. We
Americans do not retire generally as the
Britons themselves. because the Briton,
as a rule. has a hobby apart FROM his
business. T}e is not half so strenuous a
business ma, as the American but he
usually has intense pleasure in his coun-
Try place, in which he SPENDS severa! days
q week. He may be an authority upon
gardening. f he goes in for roses. his
roses take the first premium IL tbs flower
show. One friend I had went in for pigs.
He was a great manufacturer he had a
species of pig called after him. 1t does not
matter what it is so that it is something.
Ia may broad horses ar a I0SS The nf~rn.
cipal wine merchant Of the world does
so. When such men make q competence
and arrive at years of discretion. l mean
GO and over, and retire. they nave sufi-
cient interest in other things to give them
happiness. Besides this, there is a wide
field of usefulness in district or local
public life which l AVE been privileged to
see during my visits paid to several we'll
known manufacturers in this country.
In this way Britons make a success of
life.
NO one can call human life a success
who does not so train himself as to enjoy
a happy. useful, dignified graceful old age.
Although this curse IS less generally
pursued by the American han the Briton,
still America is not without lilustrious
example. Take Mr.. Marquam. What a
noble example. He retired from bust
ness and the Metropolitan museum is his
darling care. Few people in New York
know the debt the city, yes the country,
owes to the erect, gracious old gentle
man. Fake Mr.. Kennedy, my fellow Scot;
who retired from business. AS Mr.. Ken
redy told me long ago. he is buster than
ever. But busy in what? about the Pres
byterian hospital. the United Charities
building and many other kindred institu-
tons. Take Mr.. Jessup. Look at the mu-
scum Of natural history, of which he is
president and over which he watches with
fatherly care. Take Seth Low, who ha5
a large business, which he left to assume
the presidency of Columbia university.
Take Charles Stewart Smith. See how
he leads a happy and useful life. Now
all these men have not as their life work
miserable aims which end with self. They
are laboring for the good of others. I
could mention other names, but these
suffice for illustration.
The question is whether such a grace
full ending of life is not a higher life thar
that pursued by men who have far great
er fortunes than any of these, but never
thelcss are found still immersed in the
struggle for more personal gain, the final
finding them and their useless
boards from which they are torn and
which. as a rule, are used after thcil
death in a way that would rouse their in
+ dignation if they could look down. 1t is
the part of wisdom, then, for mi!lionaires
to devote their declining years to put their
! OlnGI WISE useless l!!l!tiolS " sum- SbPI
use. Brilliant as many of their invest
: ments may have been, surely such invest
ment of their wealth would eclipse them
all"
Mr.. Carnegie will go to Scotland or
Tuesday and vii, return to America II
the autumn, where he expects to spenG
the remainder of his life distributing his
wealth wisely and carrying out various
plans of beneficence and taking an active
interest in politics. He grimly says tina
his worst enemy is the man who will tel
him how to make more money.