Daily Kennebec journal., 1905-05-25

| That was IN 1854. The COMPANY wa"
by no means moribund, but II b,a
| never been great institutions; il had
gone along paying dividends OF Or :
| per cent, but that was all. Ry 1897 :,
was paying 10 per cent; in 1883 II
paid %: in 1890, 80; from 1891 to 1sse
| it paid 80 per cent. each year, and from
1899 to 1902. 60 per cent. In 1892 II
paid the biggest divident a trust com.
pany had ever paid, 80 per cent II
was Mr.. Olcotts strong management,
| that brought about this phenomenal =.
suit. for he controlled it absolutely H.
was also firm believer i'm the Hjbic,,
| maxim: Thou shalt not muZzle Tho
OK that treadeth out the corn" ana
every year recently the EMPLOYEES of
| the company have been rewarded q,
Christmas time with presents equal N
Il whole years salary.
Mr.. Olcott is a director in twenty.
i! two corporations. including seyer,,
banks and railroads. With all this vac,
mass of business upon his shoulders ha
has ever found time to enjoy hin,self
He has splendid farm at Bernards-
VILE, n. j., where he grows rare flow
ers and breeds fast horses. Trot,inr
horses ana horticulture are his fads
ana he has owned some of the swiftest
beasts that ever drew sulkies. Ue,is
known in Wall street as a bon yiyant
and Il teller of good stories and at Per
nar9Sville as q civic benefactor for he
founded q library there and gave the
town Il splendid school. with seventy,
five acres oi playground, and though n
stanch Protestant. he gave $4,000 To
help build the Roman Catholic churcn
OF Our Lady of Perpetual Help. II is
told OF him that one wintry day he
noticed 4 iabOrer on his farm
rather thinly clad. When he reached
town lie sent for his tailor. ordered him
to so down to Bernardsville and take
the measure Of every worker on his
place. The result was that in a few
Jays each one Of these men found him
sell the poGsessor OF a fine. heavy vim
ter OvercOat.
These incidents are mentioned to show
that with all the tremendous business ac-
tivity, Mr. Olcott has found time for the
finer and gentler things of life
The reason SO many bright young
men remain clerks all their lives"
said MIR. Olcott, lis that they are content
to DO just their duty and let it go at that
The man who is determined to get on
must be always ready to take the place OF
the man next above him. He must watch
the work of his immediate Superors in
order that when & vacancy arises he may
be able to step in and do the work at
once. Too many fellows close their desks
as soon as O'Clock comes and scoot away
TO play billiards uptown. The honestly
1mDitlOllS Young will he hurry
to get AWAY, but will find out If some
other fellow needs a bit OF help and will
stay awhile to give it. BY SO doing he is
not only earning tine friendship Of the
other man. but is learning for himself.
That illustrates the chief trouble with the
management of labor unions today; they
stipulate that each man shall do n Ger
tain amount of work and will not let him
do any more; the. consequence is that
they make the poorest labor the standard,
and prevent individuals who have ability
from rising.
DO you think that luck counts for any
thing in a mans success?' asked The
World representative.
Il do not. OF course, there is at times
a certain element of luck: it was lucky.
for instance. when / joined the Central
Trust Company
Lucky for the company. or for you?'
Il think may say without egotism that
it was lucky for both of us. was the
square peg that fitted the square
hole When you ger a round peg
in square hole it always LEAKS.
YOU know. 1t was lucky for Noah
came. But it was not luck that made
Noah build the ark. He knew he was go
ing to need it-hOw he knew is another
question. And Noah's success in saving
himself. his family and the animals from
the Hood was due not to luck, but to fore
sight.
They say Roosevelt has been lucky
man. I don't see it that way at all.
Roosevelt hammered away at what he
thought was right. and he has deserved
I'll that mas come to him He began In
The state leeislature-the lowest place
well. not quite the lowest, for he was
never Sheriff of Erie County. He advo-
Gated many measures which his party
leaders didn't like. and he was not always
on the popular side either. But he
worked for what he believed was right.
md he earned his success by honest de-
ermination. And Grover Cleveland is an
other similar case. Here are two men
neither of whom had the backing of the
leaders Of his party to boom him before
he public; each of whom did many things,
that displeased his party leaders and
many things that pleased his politicai
'ncmies. but each of them did each days
work conscicntiOuSly. as well as he knew
how, ana each reaped high reward. Not
from luck in either case was the reward.
nut from honest endeavOr.
There is another word of advice L
should like to give to young men: Don't
'"'h IGfckWdrp. lEtr' Is no ytStfi"hH'
There is a today: there may be tomor-
'ow. but yesterday is gone. vanished. dead.
md it is no use to regret what happened
Men come to me and say. on.
T we had only done this or that yesterday.
That is where / stop them by saving;
What Is the use of talking about that:
We didn't do it and ii is too late to do It
low. Let us rather think what We shall
10 today or tomorrow If man get
sick about the money he has lost he Will
lever make any more. Don't worry about
t. Let it go. Turn to something else and
Use the mistakes of yesterday only as
to the success OF tomor-
'Ow.
Il shall he pleased if what I am saying
will prove helpful to any Young man. and
nm glad The World seeks to supply
his sort of advice to its readers For
I'm convinced that it is the duty of lis
who have made our lives successful to
ell the younger generations how We have
lone 1t. in order that they may benent
W our experience. Take Andrew Car,
leSie rs an instance. his career should
,e an example and an inspiration to fha
'Outh of America. He won success 6y
lard work and not by luck. SO did !. 30
10 we ALL"