The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1904-12-12
The PerII.

rae haiIlteaaire.s PerT
IA Henry Stimson. n tie Il sIan
81 dc Month
The modern, mi lionairee NAV mas &.
"a 5esaetiy the ':amoosing cuss; that A.
Z semas Ward called his Kangaroo. h,,,
= he IS an object ofsconsiderable inter;
est 70 every healthy young American
: and OF good deal Of .-.cussins to me
S general. There are q good many soi
him, and we have no dukes to divert
Z us. - Z. =
No one IN the community seems
less in need Of sympathy or protec.
ion His private watchrnan saunters
!. beneath his windows; his chauffeur
hangs about his front door: the cap
J am OF his yacht is at the other end of
4 as telephone: his private SECRETARY
Yards on the too pressing public: his
1octor is at his command: while his;
barber. his manicure and his tailor
the butcher. the baker and the can.
desdck maker" throng his seryants.
entrance
I -. >---'>-sAAs III Is lar from easy.
aus latest a lad. the automobile, is .elo-
1uent OF his troubles. II he is not
! using 1t to escape process servers
hurryfns through bacbways from one
State to another, he Is being peItes
with melon rinds or running over
somebody or being hauled into court |
for fast driving.
The trouble with the poor man Is
that he is in new conditions. He has
not been Millionaire very Iong-the
Few who were born so are stiu young
the American people have not
become thoroughly used to MILLION
aires fs
The millionaire Is generally in BUSH T.
ness always IN corporation, and usu-
ally IN trust See what has happen-t
ed The State in creating the corpo-
ration has at once hidden from sichtsl .
the men who compose it The coru- ,
panF alone Is In evidence It conducts
the business. it deals with the pub
1c,1t has relations with employees, 1t
appears in courts and has agents in :
The legislature Meanwhile our mil. :
fonaire friend and his associates are :
discharged Of an individual responsf- :
'ility. al least so far as the business :,
concerned They are put in the =
way of becoming very rich, often are =
made so at once; for the new condi- :,
ions created by the act of incorpora- =
ron often give to existing powers a
lew scope OF widely enriching posi- =
,ilsGes- These men find themselves :;
immensely stimulated. They can do -
o much more business: they have be- :.
ONE Captains OF Industry and :.
they are In demand as
directors; and all the time they :,
ave the new consciousness that while =
heir personality, their opinions, their :,
III. their presence, never counted =
'r SO much as row. their individual
has disappeared. Out =
de their own board of directors, an6 :.
ten within It, they have an entirely =
ee hand. -,
Then the new temptation begins.
here is sure to be some man ON the :.
'aTd more ambitious, greedier, less
rupulous than the rest He presses
hemes. The company has its coun
who must commend himself by
e skill with which he shows how ~.
csc schemes can be carried through :
d kept within the Law or what Iegis.
ion is necessary to make them ~.
acticable. The lawyers opinion be. ,,,s
mes largely decisive Judgment OF =,
: board. Why should the native com ~
notions of our millionaire be as. t+a,
tive? 1t viii be the boards action, a.,
his. He is not the company-in. -
I'd. in. the affairs OF the company. he "a.
IS not exist individually: at most oa,
is but an officer and stakeholder,
under the general law as it now hot,
az ieast IN New York the stock, Rev
80 nave pfactlcaLiy surrendered fed
I'd of directors. -
That follows is natural. IL not In. 80
able. The company finds. per. +5a
s. most profitable business IN con. e.oe
tion with some GORGEOUS public fbts.,
upton, or even some widespread cba,
fragrant vice. as In the case OF 49, -.
- .. pu lE 'ahy ana the pool indel
ness: 1t IS immensely profitable; -el
ne challenges ft. What more nat
than that even board of gentle
OF the highest rcspectabiIity and - -
"A