Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-10-03

For Auditor of State-F. +. MERRI-
AM, Of Delaware.
For Judge of Supreme Court-EMLIN
i M'CLAIN, Of Johnson.
For Railroad Commissioner-D. ].
PALMER, of Washington.
Electors at-Large-JOHN NJ. BALD
WIN of Pottawattamie; OLE o. ROE.
Of Polk.
For Congressman. Fifth district
ROBERT q. COUSINS.
WHAT CAN a RICH MAN DO,
The New York World recently secured
interviews from prominent millionaires8
upon the text, What can a rich man
do?' 1t is interesting to note the re-
piles. John d. Rockefeller is proud of
the university he has built by his
beneficence, as we'll he might be. .An-
drew Carnegie believes that il should be
the aim of a millionaire to die poor;
William G. Whitney thinks that rich
men should be active in politics, while
all seemed to agree that their less for
tunate fellow men have claims upon the.
rich man which he is in duty bound to
recognize and meet.
The undertone of duty to- give"
which ran thru the opinions of every
one of the interviews is characteristic
rally American. In no country on earth
do the llltra-rich give SO lavishly of
their wealth TO charitable, educational
md religious institutions. In no coun-
Try are millionaires made So quickly
Ind perhaps the brevity of the transit
lioE period from the ranks of the COM
mon people TO the class of favored rich
has something to doFwith the traits of
benevolence in American millionaires,
but certain it is that the giving of their
Wealth back to society in some form or
other is a growing habit among Ameri-
ran millionaires.
From the replies given many lessons
IN economics may be learned. That
There are many ferns of benevolence is
Emphasized by the variety of ideas pre-
scented. Russell Sage. who is reputed
to be the most saving and close-tisted
Of American millionaires, claims that.
man who spends his money for laud-
able purposes can not have too much!
money In daily practice Mr.. Sage uses
his money only for business investments
in which he can see a profit. but in so
doing he indirectly confers a great ben.
has enjoyed the economic blessings of a
railroad which could never have been
possible without Russell Sage and his.
millions or some man like him. While
Sage made a profit out Of ii the COM
munity reaped millions of profits in the.
added wealth the use Of the road
brought to them.
The greatest things that rich men can
do and have done is clearly expressed by
Chauncey Depew when he says that.
Rich men are expected go to manage
their wealth az to develop the country.
distribute money and give employment"
America has been built up by the use of
countless nillions belonging to th.. rich
men of Europe. In the short life
been turned into the most marvellous
producing nation on earth. In the dis
tribution Of the wealth thus produced
some men have been more active than
others ard some more fortunate. and
great fortunes have been accumulated,
which in turn are now used by the citi-i
gems. the millionaire citizens Of Anleri-
ca, to develop the country ard to fur
nish employment. The presence of large
amounts ofcapital in the hands of men
capa Bile of using it enable thousands Of
citizens to combine their productive
powers and co-operate in manufacture
ing proftably in competition With the
old world, when if left to individual eff
fort they would be unable to accomplish.
a thing. Mrs. Hettie Green says that
che helps society with her millions by
furnishing employment and the people
1.-THE great state Of Texas can testify
to the help she has done them.
Millionaires are a good thing to have:
In every country. If they are of the right
kind. and the text of What can rich
man do?" is almost unlimited in its
possibilities, but the same great power.
which, If rightly used, can do SO much
good, is no less a power of great force
if wrongly used. and diverted into chan
nels Of oppression and extortion to fur
ther increase its own proportions At
that point society should step in and call
q halt. a society 90 organized that
1nillionaires are possible, and especially
where millionaires are self-made from
tie common ranks, is the society Of
1 great achievement in human endeavor,
y but the members Of that society who
contributed to the millionaire's success
have q right to demand that said mil
iionaire do not turn upon them in his
sygrsat power to prey upon them. A mil