The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-08-31
Scbwab's Characteristics

I think it is the fault of the or
gans," said Schwab.
II was not long after that when Mr..
Carnegie presented the Homestead
church with the finest organ that
money could buy.
The subject of NIr. Schwab's apDar-
ent prodigality once led some of his
friends to an interesting discussion.
They finally decided that Mr.. Schwab's
generosity was partly due 10 a lack of
knowledge of the real value of money
because he had never known the ex-
perience Of being 'Pinched" for it.
Schwab was not Door boy. 1t is true
he drove a stage FOR his father at Lo-
retta, but that was IN vacation time
and more for recreation than anything
else.
one day Schwab asked an old friend
in Braddock for advice in investing
his money. He was only getting Sc a
week.
Why. you. haven't any money, have
you?" asked the friend
I've nearly 500. said Schwab
But how did YOU save IL? You only
got $3.50 at the grocery and you only
set Sc now.
How would spend it," said
Schwab. a few books and so much
every Sunday at church. What else
would I do with it2"
Schwab didn't understand until long
after why his friend. after a burst Of
uncomfortable laughter. said: boy.
you're all right: you've a great future"
Schwab's philanthropy was meas
ured by the degree of his prosperity.
As the years rolled by and his income
increased his charities or gifts or re-
membranes. as he was wont 10 call
them, footed up to a comfortable sum.
He lived in simple. transformations
fashion. even after he was married,
although his home at Braddocl was d
model Of taste and comfort.
In the Braddock and Homestead
mills were many old veterans who
had been left behind in the rapid
march of the steel business. In the
days before the machinery had re-
placed them they had been well paid.
Some Of them had been pensioned,
some had retired TO live on their saw
ings. but a few still worked in the mill
in the humble role Of Waterman.
They all knew Mr.. Schwab as
Charley" and We're very fond Of him
Some accepted Mr.. Schwab's ''remem-
brances-" but Others. scented charity,
and with a show Of pride which Mr..
Schwab admired. although he was
One old Waterman at Homestead
was unapprOachable. but finally he was
caught mapping.
What time is it?' Mr.. schwab asked
him one day.
Why. Charley. it's just"
That's fine old watch" inter
rUpted Mr.. Schwab.
Keeps good time. Charley"
Il would like to own it. I will give
You 500 and a new watch for it
Why. it's not worth SO" exclaimed
the Waterman. Take it for nothing,
Charley"
Thank You very much" said Mr..
Schwab. and he walked away
1t happened to be pay day at the
works and when the Waterman drew
his envelope he found in il a new 500
bill and a new watch. He was very in
dignant and demanded to see Mr.
/ Schwab. but the latter had esca ped.
| The watchman, however. persisted in
his efforts to interview Mr.. Schwab.
until one day he received a note in Mr.
| Schwab's handwriting, which read
The intrinsic value of your watch.
John, may not exceed $40. but it is
worth ten times that much TO me be-
cause Of its former associations. I beg
you to accept my view of the matter"
The Waterman said that of Mr.
Schwab put it that way he would have
to submit.
Mr.. SchNab hung the watch from
the chandelier in the billiard room OF
his home. In a short time it had many
companions. The watches of nearly
every old veteran in the mills finally
found their way TO Mr.. Schwab's chan
delier.
The great Homestead strike brought
on the most strenuous period of Mr..
SchWabs life. He not only had to bring
about peace at Homestead, but he had
70 keep the ranks IN the other mills
from detection He was firm but fair.
1t was Mr.. Schwab who finally. bv his
personal influence, brought peace out
of the chaos and riot and murder.
thereafter he prOfited by experience.
as also did the men. and during the
steel strike Of 1901 he had no difficulty
In holding Homestead and Braddock
against the assaults Of the union or
ganizers.
In the same billiard room Mr.. Schwab
often entertained his friends. II vas
also his policy to promote sociabuitv
among his SubOrdinates, the heads of
the various departments. Over a bill
lard game or game Of cards he fire.
Quently planned extensive improve
ments.
Mr. Schwab was fond of a good Joke
often played them on his friends. and
laUghingly submitted to being the butt
of one himself. He was subject to the
most surprising and unexpected ac-
tons
During game of billiards at his
home one night, when the score was
close. he suddenly turned to his op-
pOuent and said.
IN bet my trousers against yours
I that / beat you"
Very we'll" it's a 60" was the re-
ply.
Mr.. SchWab won. He demanded his
winnings. and when the other hesitat-
ed the other members of the party be-
gan to 'deride him. He disrobed Short
" after the loser said:
well, Charley, surely you viii lend
me a pair2'
Indeed, ] will not" said Mr.. Schwab
What You don't expect me to go
home in this attire?''
Why of course; that is where you
/ lose
He took to the alleyways for his
home, six blocks away. and was
chased by two policemen who had been
sent after him by his fellow merry
makers.
Mr. SChwab's motto in running tho
/ Carnegie works was never rest" He
believed nothing was perfect As soon
as he installed an Improvement he
started to find means of improving on