Belding banner. (Belding, Mich.) 1889-1918, 1904-11-17
GIVES GOOD ADVICE
Russell Sage, q reat New York Finan-
cier, Has Something to Say To
Young Men.


cier, Has Something to Say to
Young Men.
In a recent issue of a New York
paper Russell Sage, the multi-million-
aire of Wall street. gives some ad-
vide TO young men, the substance of
which is "keep out of Wall street"
Incidentally he says something of
economy. We quote the following:
ECONOMY is the first element of
success. No young an needs three
or four suits of clothes. Two are
enough. The only thought young
man needs to spend on his wardrobe
is to look out for bargains and get all
of his clothes-hais, suits, underwear,
shoes, etc.-at the lowest price.
"Their ridiculous dress more than
anything else proves that our boys
need some one to keep them in check.
Every Young man should watch
the clothing market as closely as a
successful Wall street broker watch
es the stock market. Let him be on
the lookout for bargains, and he is
fostering business trait which aug
urs we'll for his success.
"The boy who trains himself to
look out for bargains in wearing APP
parel will know how to get bargains
in stocks if he ever goes into Wall
street trading But the young man
who pays four times more than their
intrinsic value for colored neckties
and polka-dot socks just because be
thinks they look pretty, had better
keep away from business.
"When in need of anything to wear
our young men should not only look
out for bargains advertised by the
big department stores, but should
watch the secondhand stores and
auction places as we'll.
"Some young men attempt to ex-
cuse their fancy dress by saying they
want to make a good appearance
and associate with rich people in the
hope that they may make a favorite
impression and thus get what they
call a snap position My advice to
such boys is to get the foolish notion
out of their heads, and go TO work in
earnest.
For the summer it seems to me
that serge suit and linen suit are
enough, and young man should be
careful and make them last at least
two seasons. Seven dollars is plenty
to pay for the serge, and you can get
fine, cool, linen suit for $3.50 or 81
TOO much is given for straw hats
Fifty cents is enough. The straw
hat should last two seasons. The boy
should be thoughtful and put on his
old felt hat when it looks like rain.
These extra fancy hat bands are just
so much waste.
Mind you, do not say that gen.
tleman should not live in a gentle
manly manner within his iccome
Men who have large and fortunate il j
vestments, bringing in sure and large
incomes, are not to be blamed--they
are TO be encouraged-if they spend
largely on their living expenses. But
those expenses should be for com fort,
for gratifying honest tastes and lux
ury. What deplore is expenditure
for the purpose of exciting envy,
whether il is in the Quitting of a
million dollar steam yacht or the
wearing Of a ten-cent neck ribbon
where the wearer could only afford
a five-cent ribbon. Reasonable econ
omy is what | preach. for our society
is being ruined by unreasonable ex-
"l think that there is as great
chance for boys to get rich now as
there was fifteen or even twenty
years ago. AT any rate, there is al.
ways room for bright young men,"