Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1905-03-08
wnEN CAVES SAVED MONEY.

for which men, nnicns, labor organ
izatious and even corporations have
challenged John w. Gates.
The fierce light which beats upon
his career as money spender is the
Que which is always turned upon this
utteraDce.
John w. Gates record as a specu-
lator, instilling it upon his sons mind
10 look lightly upon money and re-
gard it as dross; az a poker player, in
which the 100000 won from Letter
and the $4,000 lost at Saratoga
were mere bagatelles as tinancier,
buying million-dollar mills by tele-
graph, with negotiations opened and
concluded all in the half-hour's stop
over on a railroad trip, are incidents
which make the story of his first
savings pale into insigniticance.
Earlier records, however, tell of
the days when he travelled in Texas
on hundred dollars mouth. Here
he was inventing ways hitherto un-
heard and undreamed of for selling
goods. All the time out of this sal
ary he was saving the money which
afterwards was the nucleus of the
little capital with which be accom-
plisbed his grand coup of the moon
sinner factory. Later, when he mar
ried upon $4,000 yearly, he still
added savings enough to this nest egg
80 as to have q considerable sum
when the inspiration came to him to
start his barbed wire plant.
LAWSON SHOWED GAMENEss.
Thomas w. Lawson once said the
history of his first Christmas in State
street, Boston, illustrated his life. 1t
was then that he received the first
lump sum of money. He was twelve
years old and had come into the
office of Armory Stevens & Co. in
reply to a sign of "Office boy
wanted" He was 80 little his chin
barely came to the table top and was
greeted with laughter, but he got the
job. At Christmas he was given a
present of 800. About this money
he says: "I went up State street to
buy presents for my brothers and Sis
ter, and after spending $S7 of it on
something for my sister was bitterly
disappointed that couldn't get three
such presents as l wanted out of my
$780,"
Lawson started out for himself as
a trader while with the same firm,
and when he was II had 100000 in
the bank. Out of this money he
gratified what had been the desire of
his whole life and bought a buggy
and team of black horses. Soon after
this he was in deal in which the
stock rose 80 fast that before he could
"cover in" he had dropped $59,S41
of his S6G,000! "I remember" he
says in telling of this, "that decided
to make clean sweep and gave a
dinner at Young's to few friends
with the purpose of getting rid of the
$3.50 left. When the dinner check
was paid there was still $4.3O, which
l gave to Horace, the head waiter.
was broke at II, after making what
some people would be satis6ed with
as fortune, and started in again to
pick up what / could here and
there"
WANAMAKER BOUGHT a SALESMAN.
John Wanamaker tells that his
first incentive toward self-denial came
to him with his first pennies. "The
first money | received" he says,
"was seven copper cents, which
seemed to give me the idea that if |
was ever to do better than my com.
rades | would have to learn to save"
The small wages he got while in his
first position in publishers office he
saved religiously. AT the same time
he developed the faculty of spen ding
generously and effectively when he
chose, as a pretty story is told of his
buying his mother present every
payday, which, though small, was
really substantial one as compared
with the pay be earned.