New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-26
3 y III Z n r 7

in life which formerly open to young men.
Nothing however, could be more erroneous. The
opportunities to-day greater than ever. All de-
ponds upon the young man himself.
Generally speaking the whole question depends
upon self-denial Self-denial IS important to
financial success as 1t IS to health The man who
has a sound body and a sound fortune at nifty
can trace both quickly to this same underlying and
ever-active cause
Specifically speaking, later success comes from
early saving 1t is the habit of saving that is i'm
Iortant. The who Is going to win a large
fortune and what IS equally important be able to
keep it. must learn early what 1t IS to have bank
account, and what careful investment means, The
clerk who can save hundred five hundred
dollars and invest it in the safest and most re-
munerative way already has mastered the essential
character of the problem, and IS much farther along
on the road to wealth than perhaps he may i'm
agine
The lives of those men who have begun with
nothing and amassed great wealth all teach the
same simple lesson. Commodore Vanderbilt be-
gan with a rowboat and died with ninety million
dollars Coils p. Huntington came to New ork
at fifteen without penny, and died great million
aire law Gould, working Tor low wages IN
country store studied surveying at night, and made
his first small capital by inventing mouse-traP
Peter Cooper had great difficulty IN getting an
education and at seventeen apprentlced to a
shoemaker Russell Sage first employed in a
village store and in six years bought the store
Iohn Wanamaker, ChaunCey NJ. DePew, Lew T.
Morton George w. Childs, Anthony Drexel, Pier
pont Morgan, all began modestly and simply,
and won their success by an instructive knowledge
of the secrets of success. These secrets are only
two in number They are: Work hard" and
Save Your Money"
What YOU earn at the start matters little. The
important question is: How much OF 1t do you
save" This does not mean that you should be
rniser 1t does not mean that you should over
value money The Bible never said that money
was an evil 1t Is the love of it which the Scriptures
condemn But you should understand it and re-
spect it. because it IS only by understanding 1t and
respecting 1t in your youth that you can insure
comfort peace and happiness IN old age, as well as
the comfort, peace and happiness of those you
love.
The beginning is always the most dlttcult Once
the habit is established the rest will be easy and
your fortune will grow. You must be brave, hon
est helpful and genial PolltenesS costs nothing,
and Is perhaps the cheapest and most remuneratlVe
investment a Young man make 1t makes many
a man a future friend of yours, where rudeness or
arrogance on your part would make him indifferent
toward YOU if ii did not arouse an active dislike OF
YOU Friends are always useful Few men rise
so high that they dispense with friendship, ana
even if one does not need 1t financially lie, soclally
speaking IS a poor thing without It, Good man
,1ers therefore and genial manners simple
factor which play a great part IN determining
the future of any young man who Is beginning MS
career
All parents should teach their children early the
value OF money. The child should learn early that
a penny represents the value of a certain amount OF
labor. and of a certain amount of property. From
the savings bank in the nursery to the bankaccount
of the millionaire is long step nor SO d1fcuIl
a step as many suppose Nor does IL take long loi
the Young man who has saved a hundred dollars
to see that these statements are true. Inc moment
that he begins to realize how money grows and