Daily Arizona silver belt., 1909-11-18
SURPLUS WEALTH
 CURSE TO A BOY
Andrew Carnegie Says For
 tunes Are Too Big

The problem of our age is the proper
 administration of wealth; that the ties 1 of brotherhood may still bind togeth-
 CT the rich and the poor in harmonious
 relationship. writes Andrew Carnegie in
 the Delineator for December. There
 IS only one mode of using great for tunes. That is one by which the surplus
 wealth of the few becomes the proper.
 ty of the many, and by which the
 wealth passing through the hands of
 the few can be made more potent
 force for the elevation of the race than
 if distributed in small sums to the peo.
 pie themselves. The millionaire is but a trustee for the poor. E The man of wealth should become. af-
 ter providing moderately for the legit.
 innate wants of those dependent upon
 him, the mere trustee and agent for his
 poorer brethren, bringing to their ser
 vice his superior wisdom, experience
 and ability to administer, doing for
 them better than they would or cqpld
 for themselves. .42
 Wise men will soon conclude that, for
 the best interests of their families and
 of the state, bequests to their descen- dams are an improper use of heir means.
 Beyond providing for the wife and
 daughters moderate sources of incomes
 and very moderate allowances, if any. for the sons, men may well hesitate i The thoughtful man must shortly say: ''l would as soon leave my son a curse as the almighty dollar" He must ad. init to himself that it is not the wei. fare of the children but the family pride which inspires these legacies.
 Rich men have it in their power dur. ing their lives to busy themselves in organizing benefactions from which the masses of their fellows will derive lasting advantage and thus dignify their own lives. In many cases a man 's bequests are so used as ts become mon, uments to his folly. The day is not far i distant when the man who dies leaving behind him millions of available wealth, | which was free for him to administer during life, will pass away "unwept, unheperes ana unsuns. VI suvn rne 1 public verdict will be- "fka man who 1 dies thus rich. dies Gisgraced' 2
 > It is as Important in administering wealth as in any other branch of a man s work, that he should be enthus- | iastically devoted to it and feel that in the field selected his work lies. In be. slowing charity, the main consideration should be to help those who will help Neither the individual nor the race is improved by almsgiving. The | free library is the best gift that can be given Ito community, provided the community will accept and maintain it as a public institution as much part of the city property as its public schools, and indeed us an adjunct to these. It is reserved for very few to to be accomplished by add l ing to and extending those in existence.
 | have summed up my principles of giving in the trust deed for the bene. fit of the Carnegie institution at Wash ingon, D. C., in which I said I deemed it to be my duty and one of my highest l privileges to administer the wealth | which has come to me as a trustee in behalf of others and entertained the confident belief that one of the best means of discharging that trust is by funds for improving and ex- tending the opportunity for study and research in our country. Moreover gave my trustees full power to modify the conditions and regulations under which the trust is dispensed, so that these shall always be applied in the manner best adapted to the changed | of the time.