Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1901-02-16

The son of the American goes into the
stores, he declared, and the son of the
emigrant goes into the trades. AS a
result the Americans son moves, per.
haps. in a little higher society, but is
constantly poverty stricken. The son
of the emigrant has fewer social am.
billions. but lives great deal better
and enjoys more Of the comforts of life.
Of course there are exceptions, but
there is much truth In what this judge
says. Occasionally there is a clerk
who Is energetic and ambitious and
who rises to be department manager
or a partner. but many remain in the
subordinate place. Many would do
much better as skilled mechanics or In
the trades.
Andrew Carnegie, who has said that
to die rich is to die disgraced. has
ting rid of his money for the benefit
of others. He Is credited with having
given away, mostly for libraries and
public halls. not far from $17,OOO,0OO.
1t Is doubtful II any living rich man
has given away more. Possibly no one
has done as much in this line. But Mr..
Carnegie. with all his generosity, will
have to Increase the ratio of his bene.
factions very rapidly or quit making
money or he will die disgraced. 1t Is
doubtful IL his total gifts for educa.
cational and other public purposes,
enormous as they are, exceeds his pro-
| fits for single prosperous year. lie
Is GO years of age and his fortune is
counted by the hundreds of millions,
and Is still growing at a greater rate
than ever. 1t looks as though the God.
dcss Fortune had entered into a con.
spiracy to compel Mr.. Carnegie to die
disgraced in spite of himself. II he
would found and endow after the ex.
ample of stephen Girard n great indus.
trial school in which thousands of boys
now destined to be briefess lawyers,
doctors without patients or poorly paid
common laborers could be taught skill.
cd handlcrafts he would confer great
boon on the young men of future gen.
erations. This lie could do In a way
that would employ the bulk of his
great fortune when he was done with
It. no matter how much 1t may in.
crease before he dies. Mr.. Carnegie
is charged nothing for the suggestion.
~S
James J. E.iil. the railroad magnate,
Is one of the remarkable men of his
times, and 1t is well to understand
some of the reasons for his success
What Is the secret of Mr.. Hills sue.
cess? was asked the other day of q
number OF New York bankers by q
Herald interviewer. Common homes
ty, I should say" replied one man
His stockholders know and believe
In him. They know that they will get
as much out of the property as he gets
Everything goes to the stockholders
of the Great Northern road. 1t owns
It's own telegraph lines, its own ex
press company, Its own sleeping ant
parlor car service. its own dining cal
service. Its own steamship line; ev
crything that contributes to Its earn
ings Is owned by the company. Their,
Is no milking along the way "Atten
ton to detail, I believe. Is the domlnan
quality In Mr.. HILL" replied another
banking friend to the same question
"Singleness Of purpose and complete
mastery of detail Of everything con
nccted with his property. Why" III
continued. 'he knows the number o.
ties on every bridge along the lin,
from st. Paul and Minneapolis to Seat
tie ana Vancouver. And there Is not ,
figure relative to the cost Of anythin,
that he cannot give you off-hand." II
these days when David Harum's the
orem of the Golden Rule Is taken b,
so many people as the key to "shrew,
business methods" 1t Is pleasing to not
that the men who have achieved nota
bic success have believed that honest,
Is the best policy.
~S
: According to expert testimony on tn
: subject, the automobile Is not likely I
follow in the footsteps Of the bicycl
SO far as a cheapening Of Its price 1
: concerned. So popular has the horse
less carriage become that 1t has bee
generally hoped that the prices woul
: soon be forced down to point wher