Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-01-20
h ,,nnnny OBSERVATION-DISCLOSURES u1rrIITurI,nr nnnnnIb

| but It's possessions today TAR exceed
those OF any Of the other colleges. II is
richer than Job In his prime. 1t has
vast farms, enormous vineyards and
stocks, which produce an immense In
come. have visited the Vina ranch,
which belongs TO It. This is about
days ride north OF San Francisco, In
one OF the most fertile parts Of Cali
fornia. The ranch contains 5000 acres
and upon It Is the largest vineyard Of
the world. II has now about 100000
grape vines, which yield about 22. 9O0,0 900
pounds Of grapes annually. When all
the vines are in full bearing II will pro-
duce twice this amount or enough to
! give a half pound of grapes every year
! to each man, woman and child In the
! United States.
The vineyard alone is said to be worth
about Ss000000 and to annually net
somewhere near 5000 New vines are
| being planted out every year, but so far
| not tenth Of the ranch Is in grapes,
and its value Will increase enormously
| from year to year. When / visited the
| Vina farm some time ago / was shown
vault which contained more than a
| million dollars worth Of brandy, which
had been made from the grapes grown
on the estate, and was told that Uncle
Sam would collect 100000 In revenue
taxes from II alone. In another part Of
the farm / IVES shown hocks of shaep
numbering 10000 and / was told that
| 1000 lambs had been dropped that
spring. / saw one drove OF 1900 hogs
and hundreds Of fine horses. visited
also the Palo Alto ranch, which Is sit
uated near the college not far from San
Francisco. This farm contains $500
acres Of valuable lands. The Grldley
ranch, which also belongs TO the college,
has 22,000 acres So far the chief Vine
yards are on the Vlna farm, but II Is
estimated that II all OF the land which
is suited 10 vine growing on the three
farms were planted in grapes the Vine i
yards would be worth about $500 ,C0e 900,
and that they would produce an income
Of 100000 a year This is the estl-
mate Of the San Francisco Argonaut In
an article summing up the property
which win pass into the absolute con-
troll OF the university trustees when
Mrs. stanford dies. The sum Is so great
as TO be beyond conception.
SENATOR sTANFoRDs IDEAS OF
EDUCATION.
Some time before Senator Stanford
died had chat with him at Washing
ton about the university, and also as 20
his ideas Of education and self help. ]
had asked him whether he expected TO
furnish a school at which boys could be
educated free. He replied he did not
and said: Il suppose the tuition will be
free, but l don't think II would be a
good thing 10 let students have their
other expenses paid, There is such a
thing as educating a class Of paupers,
and / should fear that we might do
that We viii furnish board at a lew
rate, 80 that any boy can pay II II he
will work for the money. Have you
ever thought how little II actually costs
for your mere living A man can easily
feed himself on dollar and half a
week. He can clothe himself for a little
bit more. Where ] was brought up in
New York State We could get good
board for about dollar and a quarter
week. II is not the necessafies, but
the knickknacks OF life that count"
believe the necessary expenses at STAN
ford are now about $500 year.
The senator then went on to say that
he hoped his university would give the
best practical education that could be
had. He did not care for the frills of
learning, and wanted II 20 furnish such
a training as would At q boy for live,
practical working career.
STORIES OF A MILLIONAIRE.
While Senator Stanford was IN Wash
ington had many conversations with |
him. He was very approachable, and |
when he had leisure, delighted 10 talk. |
He was man OF broad education, wide |
reading and was fun or original ideas. |
He did not object 10 talking about him. |
self, and frequently spoke of his early |
days In California. He once told me |
how he happened TO 60 there and how |
narrowly he escaped spending his life |
as country lawyer In Wisconsin. He |
was brought w, YOU know, IN New |
York, about eight miles from the city |
OF Albany. Hie father was a farmer. |
and young Leland worked on the farm |
In the summer and went 20 echool in |
the winter Later on he went TO an |
academy, and after that studied law |
In Albany He paid his expenses while |
at Albany out OF the money he made |
by clearing strip OF wood land for his |
father The woods We're near the rail- |
road He made a contract with the |
road to furnish II ties and wood, and |
out OF the deal made more than $1,000. |
This formed his start. BY means OF IL
he was able TO remain three years In |
Albany, and at the end had enough left
20 pay his way TO the little town Of |
Port Washington, Wis, where he hung
out his single as lawyer. During
his firet year there he ted me he made
$1,000 at his practice He had put
The most Of II into books when a fire
broke out and burned up HE library
and everything he had. II was this
fire that induced him 10 60 further west
to California. He collected $500 which |
was owing to him from his clients. and |
with this started on the career which
ended In the accumulation OF one OF the
largest estates OF his time
sTANFoRD's ADVICE TO YOUNG
MEN.
once asked Senator Stanford whether
he thought The young men OF the pres
ent have as good chances TO make a
fortune as had those Of his generation.
He replied:
II do. This country IN on the edsc
OF Its development We have vast re-
sources which have not been touched
ana there are new things coming up
every day. Look at the great sums
which have been made In electricity, in
street railroads. the telephone, etc. Look
at the new mining regions which are
being discovered and at the new busl-
nesses OF ell kinds which ore springng
up. II seems TO me that the demand
For good young business brains and
energy was never greater than It il
now"
Al another tins Senator Stanford
said that a young man needed three
things TO be successful. In The first
place he must be industrious; in the
second he must have settled plan Of
lie and work. and In the third he must
stick to both and keep at Il. He was
Speculation himself. but he advised men
TO make haste slowly, and eaid that
one hundred men got rich by saving TO
one who became permanently so by
speculation. The temptation 20 keep
on riskspg IL too great. A man sue
ceeds end makes what at the start he
would have considered to be all he could
possibly want or need. He specuates
to make more and eventually loses
everything and dies poor.
LELAND STANFORD AND HIS SON.
|