The free lance. (Fredericksburg, Va.) 1885-1926, 1902-05-27
no RrAsoN no RHrIRn Al sIxrY
Views Of Nr. Henry clews Wen 10 Whom
Success Has Come late In Life.

Success Has Come Late In Life.
When man is $50 il H. uo reason that
hc should retire from active husiuc- s-- -ur-
l..ss. like " G. Whitney. he had "a fad to
indulge. writes Henry NJ clrwS. one of
the most prominent neurcs in Wall
street ia the Chicago Tribune ~now
men who made their greatest success
after they were go years old.
Now. have absolutely no lad. and !
think man ought To retain an active
interest in his business az long as his
vitality holds out, no matter how Old lac
i~ or how much money he has accumnIa
ted IL is dangerous 20 have nothing
hut ,imc ON your hands Nothing will
Kill man quicker than To have NO fixed
interest in life. have enough To retire
and my business Is in such shape that
need not come to the office once a week,
but am here anyway. and ! haven {
the slightest intention of retiring.
Of course man should retiie when hC
feels he has enough. but that brings uI
the question. what is cnough2"
Andrew Carnegie made the greatest
success in life after he was go years old
Henry Clay Frick his ispartnerand james
y. Diil entered into an agreement with
him to buy out all his interest for $50.
600. 900 But Mr. Carnegie decided that
IA. could afford to remain in business a
wear or 80 more lie did so. and finally
sold out for $500 600 600. thus making
$50. 600 600 in less than two years. No
wonder the young men of today want
To make money fast with such an exam
ple. Then there was Daniel Drew who
turned ont Erie stock faster than Van
derbit could buy it. But Drew had a
paper mill, you recollect.
Everyone knows that !. Piermont
Morgan is making the greatest of his
success Just now. don't think he j.
more than 60, but he is all OF that, ano
look at his enormous venturcs-all q
them successful.
Morgan was born into success. IkneW
him when he was a clerk, but he alway'
had money behind him His father LEI
him IA great name and about Sl50,OOO,
600, and he made no errors in handlin.
that fortune The establishment of J. 5
Morgan in London, in connection viii
his house here. brought all things L
them. Affairs OF great import simpl
became cumulative with him, and as h
was born in the street and of the stree
they were handled with marvellous juda
ment.
Morgan is wonderful man, Just i
his prime. His mentality is aided by
great physical force that carries every
thing before it. He has his own wa
and he will dominate in everything h
touches. Besides all of these natura
gifts he has something else, call it intu
tion or precedence, as you will. He feel
or knows somehow, far in advanc,
what to buy and what to sell, and whe
to buy and when to sell. Few men al
thus gifted, for it cannot be acquired
a century of experience. would sa
that James Il. Keene has such a naturi
endowment, though he has been know
to overreach himself, and Morgan | b
lieye, never.
Then there is Russell Sage. who com
to his office every day and attends pc
sonally to every detail of his varied bu
mess. Nodoubt the idea of retiring son
day has entered the mind of every ms
past 80 who has been fairly successfr
but doubt if Sage dreams of il. He h,
one peculiarity that | never saw so w,
developed in man before and that is Il
faculty of Keeping his money in none
No matter how many investments,
always can lay his hands on vast sur
when needed. That is the faculty tn
endeared him to Jay Gould, who Oft
needed large sums in his ventures and