The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1900-09-24
rs TO the Chances
Open 10 Young Men
"IIolland" in The pbil,delphia Press.

"lIoland" in the Philadelphia Press.
n NE OF THE executive officers Of cor. ,
VI poration Of such extensive business that
" it is sometimes classed with the trusts
has been more concerned for few
weeks about certain business embarrassments
that he has met with than because OF
any n the warnings he has received from polit
cal friends Of possible danger to the Republican
campaign. Last June II was found to be OF the
utmost importance for the interests OF this in
dustry that there should be received into its
employment a number Of young men htted Tor
their work by technical scientific education. The
immediate rewards were Of a kind to tempt any
young man who had recently received degree
Of bachelor OF science or any OF the diplomas
setting forth technical excellence on the part
of the holder. The salary, even the least OF the
payments, was sufficient 10 support young man
in a city like New York comfortably, and II he
were frugal without being parsimonious, the
payment was large enough to make 1t possible
for him TO go TO the savings bank once week
and make some deposit. In addition to that his
employment fitted him TO become technical
expert, and IL his industry and ability justified
it he would before long be in the receipt OF
much larger salary and would also see opportuni'
ty for further Advancement. Therefore 1t was
thought that IL application we're made to the
instructors Of some Of the technical or scientific
schools there would come responses that would
make il possible to All the ten or twelve places
which the corporation sought to hll.
o
Correspondence was begun with the Boston In
stitute OF Technology. In a few days a reply was
received from that institution stating that all
OF the graduates Of last spring had, within
week after graduation, obtained employ
ment and were now at work at their desks in
various establishments in this country in which
scientific technical training is required Tor
the manufacture Of the products OF these indus
tries. Boston, therefore, was unable to furnish
even one young man capable OF filling desirable
place in great industry in New York. The de-
mand was greater than the supply. As soon as
this answer was received from the Boston insti-
tuition, application Of like nature was made
TO the officers OF the Stevens Institute at Hobo.
| ken. In few days a reply came stating that
every OF the latest graduates Of that institu'
| tion had been called into remunerative employ
mcnt by some Of the greater industries of the
| United States. The University Of Nebraska has
gained a high reputation for the thoroughness
| with which its scientific curriculum is main.
| tanned and the ability which the graduates OF
| that institution have shown when they have
| gone forth into the world. The officers OF this
| institution replied to the application by saying
that the entire class in the technical department
of the University OF Nebraska had been employed
| either upon the day when the diplomas were
distributed before that day.
| o
| with this third answer showing that in the
| East and the far West there existed the same
conditions, the officers of our local industry be-
gan to be somewhat alarmed They wrote to the
| Troy Polytechnic School. TO Cornell and to one
| or two others, and the replGs from all these
institutions were of like tenor. Therefore, it has
been impossible far to find among the young
men Of the United States any competent to do
the technical work which is demanded, who are
not now in full employment, finding elsewhere
| and for ndVanppment
| to those which they would have discovered in
| this New York office. 1t may be that this indus
| try will be compelled 70 wait another year, or
until the present senior classes in our~insttutes
| Of technology are graduated before they can
satisfactorily fill the desks that are now vacant.
Last spring a subordinate officer of one of the
trust corporations here, that is to say banking
| house lawfully authorized to act as trustee, re-
signed his post because he had received an offer
that brought with it not only larger salary but
| great responsibilities and more intimate associa-
tions with influential capital. His place was
one appropriate for a young who had
learned the details Of the banking business and
who had shown ability and capacity for ad'
vancement The officers of this trust hunted high
and low for young man competent to take his
place. There were many who thus Compc'
tent, but they were already in satisfactory en-
ployment, and il not until nearly two
every banking house in New York and many out
side they at last found young man whom II
was possible to persuade to accept the place.
| The head of one Of the great department stores
| in New York, man Of wide experience and very
successful in executive administration, stated
| Yesterday that in all his life as a business mar
he had never known finer openings or better op
porunitics for young men who had industry ol
were Of good habits, were ambitious and especial
ly when in addition to these qualities they ha'
ability. Capacity was never more speedily al
lotted to its appropriate place or received bcttel
| pecuniary return than is the case today. Ou
great corporations and industries are constantly
upon the lookout for young men OF ability anC
Advancement in these industries was never sure
| or better paid than now. OF course, there is
feeling that a man who receives salary is attc
all no more than a servant. But his success de
pcnds upon what kind OF servant he is, and hi
may be a very independent and wholly sclf'rc
specting servant nowadays, even though he re
ccive a weekly or monthly payment instead o
finding his support in the profits of business o
which he is master But they are all servants
Mr. Galloway, the head Of the New York Central
is servant of that corporation, and Mr.. Depev
has often said that though he is chairman OF th'
executive board, nevertheless he is employed BY
the stockholders who own the New York Central
acting through the directors, and it is the stock
holders in the last analysis who are the masters
| The other day Abram ;. Hewitt, speaking to
friend OF the speech he made few years ago
in which he set forth what was probably TO b
the outcome of the combinations OF lndustre
into one corporation, said that he felt even sure
now than he did when he made that speech tina
by and by, when this industrial development i
perfectly worked out, il would be discovered tina
the men who receive salaries from the great cor
| pOratons were also its masters through thc