New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-17

OF the firm of Marshall Field & Co.. taxed
more than s250,Oo0 in Cook County nearly ST.
OoOoO Of personal and real estate. This IS be-
heved to be the largest amount assessed against
any firm and individual combined in thu country
MIR. Field never objected to a large assessment
It has been said that Mr. Field was governed
In his early commercial career by these r1axinls:
Never give q note.
Never buy a share Of stock on margin.
Do not borrow.
Do not cucumber business With mortgages.
DO business cash basis.
Try to sell on shorter tinne than your competi-
Try to sell the same grade of goods for smaller
Hold your customers to a strict meeting OF
their obligations.
He probably laid aside some OF these uaxinas in
his later years. the development of his great
enterprises demanded the making Of loans, though
Mr.. Field is said never to have much as tested
his credit There are probably few men who have
business methods Of the West as did Mr.. Field.
AS a friend Of Mr.. Fields once said:
He has prevented more small failures and done
more to keep the methods of trade in the Wese
toned Up TO sound business principles 1hah any
other man.
One rare trait which enabled Mr. Field to take
the fullest advantage of his business opportunities
was that he almost instinctively formed an estt-
mate of the individual capacities of his business
associates. He was quick and in recognizing
business talent among MS employees ne Aeu
more than five thousand persons on his payroll
Mr. Field was always liberal contributor 10
phiIanthropic enterprises. He gave to the Uni
verSity Of Chicago a plot or land valued At more
than $4,000 About six years ago he gave that
university S135 goo. At the close Of the Columbian
Exposition in 1888, he founded the Field Columbian
Museum in Chtca go as q permanent repository Tor
many OF the exhibits at the fair. This building
cost him about Sl,0Q0.000 In his personal tastes
and habits he was quiet and modest. In politics
he never fnterfered, although he was always ready
70 aid with time and money any movement toWard
better national or municipal government. he was
prominently mentioned candidate for wee
President the Democratic ticket In 1904
Mr. Field was member of g number OF prornl-
nent social clubs, both IN New-York and chicago
and g director and officer in many of the laTgesl
corporal tons, among them the United States steel
Corporation. He was member of the Metropolitan
Club and the Union League OF NeW-fork ana also
member of the following clubs in Chicago: The
Union, the Washington Park. the Chicago. the chi
cago Athletic, the Calumet and the twentieth
Century, AMI the Union League. He was also a
member Of the Jekyl Island Club at Jekyl Island,
South Carolina
Mr. Fields first wife who was Miss Mamie Scott.
daughter of ironraster OF Ironton. Ohio. died
in 1896 MI Field had two children. Marshall
Field. jr-, and daughter. who is the VIE or an
English army officer.
His son was shot accidentally while cleaning 2
revolver on November q last year. An operation
only Ave days after the accident
Last September Mr.. Field married Mrs. Della
Spencer Cation, at st. MaTgaret's Chapel, London
Mr.. Field Just past seventy years, and Mrs
The last visit OF Nj Field to New-York was on
the occasion Of his return from London following
his marriage to Mrs. Cation He IN this city
at the time of the accident 10 his son.