The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-08-17
HAPPINESS IN A PALACE.
How MIR. Schwab May Miss the Best
Sort of Fun.
Springfield Republican.

DpIiIBntlu INtUuDllGdn.
The elaborate plans which Charles NJ. Schwab,
president OF the Cnited States Steel Corporation,
mas under way for giving outings to poor chill
dren OF New FORK have warmed many hearts to-
ward him. 1t is a gracious thing to provide for.
ano the !cer may well rejoice that he has the
work. Not so pleasantly does Mr.. Schwab's
purpose to build on Riverside drive in New York
city, between Seventy-third and Seventy-fourth
Streets. the handsomest residence in the United
states. strike the thoughtful mind. OF course.
himself as costly a residence as he can pay for.
1t is for him to decide. and resolves itself into a
question Of judgment and taste. Men reveal
Mr.. Schwab is a worker who has come into ex-
ceptional fortune through the extraordinary con-
dttiOns that obtain in modern fndustriaifsm- As
an intense and masterful tOiler in business he has
commanded sympathetic interest and attention.
He has been much in evidence as a speaker at
hanquets. and his words are gladly heard by a
generation which worships success In business
ne SO standing on a pinnacle. the country
whether Mr.. scawab viii be able 70 kesn bis
mead and TO make broad, wise and sensible use
or his opportunities. He does not think much OF
t = sO ~ training as preliminary to the activi-
standpoint.
THUS rising. believing and teaching. Mr..
S1hwao passes from great requirement TO great
Spending. The touchstone 10 all that men covet
Is his to use. His beginning disappoints. It is
that this man is to travel along the old and un-
satisfactory path of magnificent house building.
in a palace. The chances are, Of course. that he
never Will md II, young though he be. The
monumental NdTnlnE Of the A L stewart palace
long stood on Fifth avenue. cherries. forbidding.
deserted. Mr.. Schwab's house. the plans OF
which are pictured and depicted in the New
York newspapers, Is billed 10 cost s.. 35. 900.
Lavish and splendid are 10 be its equipments and
accessories. All that money can buy Mr.. Sohwab
Is to have in his house and grounds. That II
VIII ever become a real home TO him and to his
Is altogether unlikely. There IS too much money
In IT, for people with the Schwab background.
and in due time the palace will put letters upon
me Schwabs. Their chances OF real, sensible
American happiness will diminish as IL rises and
will probably disappear with its completion.
Very little are they TO be envied in this.
Not much can the most fortunate get out OF
lie. II IS an ineXorable taskmaster. paying us in
board and clothes and such satisfaction as we
can obtain in our home life and in the ioy OF
work. Even these are largely predicated upon
good health. the best gift OF God. Money Is an
amelioration, not an end in itself. an agent. and
not the chief pursuit OF life. SO knowing. the
use which men make Of extreme fortune ex-
hibits their quality. That Mr.. Schwab intends
70 have the most splendid house I'm the United
states disappOints those who wished 10 like him
and to regard him favOrably. He bids fair 10
miss the best sort OF fun. The ambition is
primitive and garish-the man undeveloped He
is not planning 20 make money serve him. which
Is mastership. but rather to make chains of his
gold that will irk like steel in the end.