Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-02-25

about the ever-varying financial conditions.
Every year. as the income increases, the
owner finds his nose "A little nearer the
grindstone.
He can't escape If he were to try TO
spend the increase instead of investing II.
he would find il an equally hard JOB. lie
could throw ii away, no doubt: but there
are not many men who really find amuSe-
ment in throwing money away.
Spending is Hard Work.
Spending it in charity, building museums
or churches, sending out expeditions. build
ing libraries. buying works of art all de-
mand hard work. man can't simply say
to an architect go ahead and build me
so-and-so'' or to a city. Il will give such
and-such a thing" The city wants to
know a whole lot about ii and have
who.e lot of assurances. Buildings which
are to stand as monuments TO the donor
naturally demand a great deal of his per-
sonal attention, unless he is willing to take
the chances that a structure will arise that
will make him ridiculous.
So the millionaire man of leisure may be
found in his real estate or other offices at
certain regular times surely as II he
were Mr.. Jones bookkeeper, who must be.
he may be there to earn his salary; or
he may spend weeks and months pouring
over architects plans or other technical
problems.
The mere work of taking even general
intelligent care of millions would be quite
hard enough for most persons; but the ma
jority of the well-known men of leisure
have plenty of other concerns to keep them
going and going hard.
Thus c. Oliver Iseln not only pays per-
sonal care to his beautiful estate, but he
has developed his talent for yachting to
such degree that it has become an exact
ing vocation for him, and makes more de-
mands his time, brain and body than
does the daily work of the average man.
The man on whom has rested nearly the
whole responsibility for keeping the Ameri-
cas- cup on this side of the water, as IL
has rested on him for years, Is having d
strenuous time of it.
Farmers on a Large Scale.
Levi p. Morton, until recently, managed
his great thousand-acre farm and the rest
of the fine estate on the Hudson personally
and was up and out early and late. Some
years ago he spent as much time and energy
as any professional breeder in developing
the breeds of Jersey cattle.
II. Mckay Twombly is another farmer on
huge scale, and by dnt of sheer hard
daily thought and work has made his name
much better known as breeder of draught
and carriage horses than it was before as
that of man who married into the VAN
derbilt family.
Archie" Watt learned so much about
nautical matters, shipbuiding and marine
engineering that he not only designed his
own great steam yacht, but planned her
engines, and is able to take her around the
world without d captain 10 help MN IL ITO
chooses.
Elbridge T. Gerry, too is a millionaire of
leisure who has worked so hard over his
pleasures that he is a trained and able
sailor today, as good a navigator as most
sea captains who command merchant ves-
sells.
These things cannot be learned in easy
chairs or without hard mental and physical
work What ]. Pierpont Morgan knows
about the two vastly different subjects or
art and collie dog breeding represents as
much study and investigation as the or
binary man would give to either of these
matters if he intended to make them his
lfe'S work.