BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1902-01-15

ind his education coald not be carried
,syond . village academy. It was TIE
period whom Horace Greeley was epjoiling |
he young man Of the NAst to Ego West,n
md the idea 20 impressed the clerk In tie
Oneida bank that at nineteen he made his
way to Chicago, then city Of only about
&c, 900 people. Taking tho first job hs
could get, he went to work in . lumber.yard
and planing.mill, sometimes acting -
bookkssper, but more frequently helping In
leading lumber and in teaming. Here he
stayed till tie "hard timesr after tho panic
Of 1857 forced his discharge though he was
able to stay few weeks longer - night
watchmsn. Then came an opening %
booktssper In trust company, which led |
In three years to the place Of cashier. Here |
the young man made . reputation which, at |
the ago Of thirty.two, gave him the cashier. |
ship Of . bank that was to become one Of
the most powerful in the city. In the due.
course OF time be was raised TO tho vice-prs.
sidsncy Of the institution, and in nine years
more he was ito head, recognised ~ an
authority in the world Of finance.
A dozen years after the birth Of the future
Chicago banker, boy came into Vermont
family, which not long Afterwards shared
the impulse Of that day toward t:e West
and moved to Iowa. It was . family Of the
pioneer type, and could give the boy NO
further educational advantages than those
of the common school. But he was ambi-
tious and industrious, and he resolved to 60
to college II hs had to work his way through.
This he did, and then he taught school and
labored in the harvest field to earn money,
while he spent his leisure time in studying
law. Once admitted to the bar, he devoted
his energies to practice in small town with
such seal that he soon came to be known
% rising young lawyer in that part Of his
State. He had taste for business, and
became interested in . local bank. He
continued to work hard, studied questions
Of banking % well ~ OF law, and when the
occasion demanded . man able to grspple
with great financial issue that was SUBJ
mittsd to tho people, he met the sxigsncy
90 successfully that the people Of his State
tnrnad To hum for leadership, and he,bsoams
Gsvernsr for four years, and . figure known
to The nation.
Lyman J. Gage and Leslie NJ. Shaw, the
one retiring from the Treasury Department
and the other succeeding to 1t at the begin
ing Of tho twentieth century, illustrate the
great truth that the United States still re-
mains the land Of opportunity for the poor
young man. When Gage and Shaw we're
boys, they read how "the Mill Boy of the
6lashes," Henry CLAY, had made bis way
from the poorest home environment to the
highest place In national legislation and
political Leadership. 1t had been the CON-
mon pathway OF ambitious youth, and enc
who became Office boy in country bank,
ffty years ago, felt that he lad before him
the same possibilities Of future prominence
and the..svsnt has proved that he was
justified in his confidence. The Yankee
born boy who grew mp In Iowa While il was
still the far West saw that the leaders in the
young commonwealth were men Of the same
type, and he worked along such lines 10 &C.
himself for high place when hs should reach
middle lifs-sud the result has vindicatsd
his faith. Il would bs absurd TO argue with
people who bnoss the careers Of the Uhieags
banker and the Iowa Governor, and who sssl
younger men now following In THAR loot
s.sps, that thsrs ID no chance for The yeung| !
man In The heart of The country.
How b 10 In New York cityf Isidor J. \
Kressl was born of poor parents On Q small |
tswn Of Austria In 1878, and hls fathsr died
when ~ vas twelve yssrs old. HsI
ssms 10 this country net moving . sord |
of Engllsk, sntsFsd Ne public sshools. gosI
whas 10 could out q than, woa IN . eomps-
tiixs exsminxkioa ens e Ne scholxrs1ips
e1srsd ~ Josspk Pslllzsr skish gsss him |
ilss tailion h . kisA ssksol and thsa n i
Ceiambis, wsas % Work in Q Aw eflss af
yenr go l.st sunnsr, end gzlnst snsA /
soatdsnes sn1 respses tA&t ussrics Aslnr. L
ssy-slsss Jsrons - - sppsisssd IN . /
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