New-York tribune., 1908-09-06
MADE MONEY FROM THE START.

Il made money from the start Presently
obtained the selling rights on other trains The
man who owned them was extravagant, you see'
sn his personal habits l was not TWO years
after went on the road I bought the man out
IN all his interests. I took two OF my brothers.
one older and the other younger than myself
Into partnership. The firm then established Is
operating to-day on certain railways in New Eng
land I have retained control Of 1t for sent-
mental reasons. The present Mayor Of Portland
has been in my employ for thirty-six years, and
Is manager of the business. At the age or six
eeen 1 was making number OF the best Invest
rnents Of my life. a stanch Republican and
great Union and anti-slavery boy. believed the
North would be successful ultimately. was liv
tng in Toronto, and, through bankers, bought
United States bonds 80 13 cents the dollar.
when parted with them received a price con-
siderably better than par Chisholm Brothers.
was seventeen years old and manager OF the
cornpeny-now controlled five thousand miles Of
railroad and employed $50 persons In the mean
time had taken course at the principal busi-
ness college in Toronto I should retire at the
age of forty I thought with fortune Of $780,
coo, and devote the rest Of my days TO study
settled determination TO get knowledge was IN
my mind at that knowledge for personal
use and enjoyment. and not for any ambitious
purpose IN politics business.
Gradually. however. the conviction TO
that ones special talents trust Of public
character handed down from the generations.
bestowed from high and must, in honor. be
used 20 the fullest extent in the public interest.
The care OF money left for a widow and her chill
dren is e sacred obligation. Equally IS the
broadest possible development Of the peculiar fac
aIties natural certain men. We are brought
into the world TO be useful TO those about
useful theoretically but practically. No other
kind OF happiness be compared with the in
ward feeling that comes from service It cannot
be experienced by mere success IN business. I
hope tt is unbecoming IN to say that as
! have reflected these matters have tried TO
live out my philosophy. Great happiness. I
trust is In store for through the endowment
of technical school which may become the
model for many others IN different parts of the
country.
we Americans are q commercial people: s. per
cent OF ability and energy is given to farming,
mining and manufacturing Nevertheless. thou
sands Of our young men are annually turned into
the so-cslled learned professions. Really they
biacksrniths. but they are known doctors and
lawyers and by various high-sounding
They remain paupers. the average. for five
six years. ] suppose there are one hundred thou
sand such paupers in New York to-day who are
living from hand mouth the charity of
friends relatives. Finally, the age thirty
five. perhaps. the man who made mistake in his
education begins seriously 10 look around for a
means OF earning his living Now, If he had been
trained 10 a technical profession he might have
stepped from college into paying situation, and
the world would not have lost his services. Be
sddes he would been happy.
~ developed the water power at Rumford Falls
ar Maine, and a has been built there. / plan
20 give Rumford Falls technical school that Will
cost $50 Oo0 and 10 endoW II with land and houses
10 the value OF slooo.0oO Homes TO be sold
workingmen. who TO pay the principal and
q very low rate OF interest rent. The income
from the properly will support the school, and the
principal il comes back will be in other
ways Thus. in one Of the many mills for
example. will buy home of his own. and at the
sarne time help to pay OF hts SON
Ny scheme has not been fully worked out yet
I want hit a way absolutely TO safeguard
school and home owner, and TO give the latter
al the money he has paid If he ever desires TO
close the transaction because OF sickness an
equally good reason
But 10 return to your personal story, SAID.
When did you come 10 the United StatesT'