The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-10-06

vi.
. millionaire and former steel magnate,
moulded his career, he started right,
and patterned himself every inch a
man. The sort of man it is pleasure
to meet, and who when he grasps you
by the hand imbues you with the spirit
Of his genial self and makes you his
friend. Schwab would be good
. "pardnero to have on a prospecting
; trip. He would perform his full quota
of the drudgery cheerfully, and when
his turn arrived to wash the dishes you
would find him manipulating the towel
with Jolly instead of growl.
Adaptabiity is one of the features
which was conducive of the mans phe-
nomenaI success, and he possesses it a
; plenty. DR.. Jordan, president of Stan
ford university, recently said during
the course of an after dinner speech
) that ''the world makes room for a
man who knows where he is going,"
and the aphorism is certainly applica-
BILE to Mr.. Schwab. He had no in
fiuential friends to advance him at the
outset of life, and at an age when
most boys are attending school he was
a Pittsburg steel foundry. What he
.
however, was more than compensated
; for by brains and pluck; and by CON
slant application he gained a knowi-
edge of the process of manufacturing
; steel which made him valuable en-
ploye and ultimately attracted the at
tention of Andrew Carnegie, the fam
Gus iron master. The latter was not
slow in recognizing the ability of
; young Schwab and from that time on
his advance was rapid. He kept pace
with the stride though, and no matter
; how technical the duties, he fulfilled
them capably and to the complete sat
: isfaction of his employer. Each year
; marked step forward in his business
career and the elimination was his ap-
pointment as president of the steel
; trust at the enormous salary of ST ,O00,-
900 a year. That was several years
) ago, and since then Mr.. Schwab has
practically severed his connection with
the steel interests.
; But little over 40 years of age, he
has amassed fortune by his own ef
. forts that reaches into the millions, a
portion of which he is now investing in
mining. Believing that the Southern
. Nevada mineral belt offered excellent
opportunities for commensurate re-
turns in that line he invested in the
mines at Tonopah some two years since
upon the representations of John Nc
Kane. These investments have been
eminently satisfactory, and Mr..
Schwab is now in the district for the
purpose of making personal investi-
CATION of his holdings and of the Sec
tion in general. He arrived in Tonopah
. Monday and on the following day
visited Goldfeld and from this point
journeyed to the Builfrog district. Ac-
companying him on his tour of inspec-
tion are John McKane, D. B. Gillies, J.
D. Campbell, Malcolm Macdonald and
DIR. NJ. r. Ward of Pittsburg. With
the exception of the latter the gentle
men are all well known mining men of
this section.
Immediately on the arrival of the
party from Tonopah Tuesday morning
they were escorted to the Montezuma
club where they were entertained until
the hour for luncheon. Many of the
members were on hand to extend greet
ing to the distinguished visitor, and
the time was agreeably passed in social
chat and in the enjoyment of light re-
freshments. United States Senator
Nixon introduced Mr.. Schwab to the
club members and officiated as host
during the interval passed in the
apartments. The latter is stalwart
specimen of American manhood, and
courteous, unostentatiOus gentleman.
1t has been reported that Mr.. Schwab
was broken down in health as the re-
suit of overwork, but if this be true
of the past it certainly does not apply
to his condition at this time, for every
inch of his six feet stature denotes
physical strength and virility. A cos
mOpolite in the truest sense of the term,
he typifies all of the characteristics
which make man of the world such
a good comrade and agreeable guest,
and the time passed in his society was
well worth while.
Mr.. Carnegie, the mentor of his
younger years, has established an en-
viable reputation as philanthroplst
bv generous gifts to charitable instltu.
tions and the endowment of public
libraries. Mr.. Schwab has done much
good along the former lines as well,
but he is closer to the masses than the
first mentioned gentleman and derives
pleasure in listening to the heart beats
of humanity. Illustration: On leaving
the Palm restaurant after luncheon
Tuesday he was approached by a
weather beaten old plainsman, whose
apparel denoted that fortune has not
dealt kindly with him. He introduced
himself to Mr.. Schwab and stated that
he had once acted as his guide during
a trip in the west. The incident was
recalled and courteous greeting ex-
tended, accompanied by the presenta-
tion of 800 bill. The old fellow had
friend along and the same cordial
hand shake and contribution was ex-
tended to him likewise. The money
meant little to Mr.. Sehwab, but was
wealth in plenty to the two old veter-
ans and in It's nresentation both dOn1r