The Birmingham age-herald., 1905-03-26

Los Angeles, Cal, March 1s.--What the whole world esteems, yet what only the few strive for; what a man reverences and values as priceless, yet often filings away, and what everyone wishes to be- aueath 10 his children is the subject of today's sermon. the text chosen being Proverbs xxi, l, "A good name Is rather to be chosen than great riches"
 What Is cspital7 Money, property or etc, the sum invested or lent as distin- xuished from the income or interest" Is the definition given by the Photographer. It is wealth producing wealth, not wealth being absorbed or being eaten up by ex- penses. When Clarence Bowen, the new Fork editor and multimillionalre, was a young man he put his savings in bank for safe keeping. When he went to draw that money out he received a certain amount of extra money. What Is that for?" asked the young man. This Is in- terest money" said the cashier. This is money earned by money" Then" said Bowen, If money earns money, the more save the more will earn" The money Clarence Bowen put away in bank at in- :erest was his capital.
 But capital, according to the lexi- cographer's definition, Is not represented in gold ingots or coin only. climb with the miner a hillside in Colorado or Ne yada. He points to some rock and says, aThcre are millions of dollars worth of gold buried here" Why do you not get it out?' Because" he answers, T have no capital. l must have machinery to break the rocks; l must have miners to burrow into wonder depths; I must have money to cart away my ore to the smelt- ing furnace. Money must be had before you can produce money"
 go into & store and see at work the busy manager of a great mercantile firm. l say to him: Why are you working for others? Why do you not work for your self? If you are smart enough to manage a business for other men, certainly you are smart enough to manage q business for yourself" Aye, aye" answers the manager; that Is true. But l have not the money to start a business like this. l must have hundreds of thousands Of dollars to sink before l can make a cent. 1 must buy my goods from the wholesale dealer before can sell them to my cus- toners. I must rent a store and hire clerks and spend enormous sums for ad-
 
 large amount of capital"
 Capital represents the seed and the land to use an illustration of the farm. Income represents the harvests. The farmer must own or hire his farm and plant his seed before he can get his mar vests, or his income. Now, as the farms and the miners machinery and the mer- chants stock are nearly always valued from the standpoint of money, it is common custom to give these sentences as truisms: Tt takes money to make money" "Everything animate, as well as inanimate will bow before the scepter of gold.'' Midas touch has in his hand the grip of iron" But today the author of my text emphatically says: The best producing capital a man ever had in life is good name. It is better than all the silver of the Leadvile mines, than all the diamonds of Golconda, than all the gold of the Comstock bonanza, than all the pearls of the Persian gulf. Pile up the gold ingots of the United States treasury vaults on one side of the scale and put a good name on the other side Of the scale, and the good name will outweigh the gold" If good name is such priceless treasure let us begin to study why its wealth Is of such vast value. Us producing capital must be and Is enor- nous. If 1t were not so, King Solomon, mp to his time the wealthiest as well as the wisest man who ever lived, would 2 not have made this inspired statement in his book of Proverbs.
 Value of a Good Name.
 good name in the first place. is not a pauper Her mansion is not the poor house Tier wardrobe is not filled with rags. Her family plot is not potter's field. As a rule she has a comfortable house to live in. Her sitting room has a glowing fireplace Her library shelves are filled with books ''She is not afraid of the snow for her household, for all her household are clothed with scarlet She Is like the merchant ships-she bringeth her food from afar." Her husband IS known in the gates when he sitteth