The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1910-01-15
D,o.M|LLS,,NOTEO
PHILANTHROP|ST
Financier Who Favored Aiding
Others 10 Help Themselves.
FOUNDER OF NOTED HOTELS.

OOVULu " NUtkO lfOt IIOl
Three Built In New York Are Monu-
ments to the Late Bankers Common
Sense Charity incidents of His Ca
reer and Early Life-A Sample of
His Wit.
10 many thousands of persons In the
United States the name of Darius Og-
den Mills, the famous banker. finan-
cier and philanthropist of New York.
who recently died at his winter home
at Millbrae, near San Francisco, will
be associated solely with his broad
interest in the welfare of his fellows.
His theory was that there is too much
waste in the United States and that
the value of money is not appreciat-
ed. He believed that economy could
be practiced without loss of self re-
spect or injury to the physical being,
and he pointed the way in practical
fashion. Thousands of young men he
saw were expending every cent of
their earnings for bare living amid
squalid surroundings, and he erected
cheap hotels where food and lodging
could be obtained at a minimum price
and where mans self respect would
not suffer
Object Lessons In Thrift.
These hotels, Of which there are now
three In New York city, are object
lessons in thrift, cleanliness and de-
cency. There the man of small in
come may live well at small cost
and absorb motive to save a part
Of the earnings that he would other
wise have to expend for food and lodg-
ing. He also erected several model
tenements for families of small re-
sources and found that these people
respond quickly to the uplifting influ-
ences of modern sanitation and mod
crate rentals. Although his charities
were broad, he was always thinking
OF way to help men to help them
selves before the time came when they
had to be helped by their more fortu-
nate fellows.
lem, N. Y, on Sept. 5, 1926. He
was the fourth son of James Mills and
Hannah Ogden Mills Of North Salem
In December. 1S49, he started for Cali
fornia, going around the Horn, and
arrived at San Francisco on June s.,
1S49. From that day his name was
interviewer with the story of the
growth Of California.
Bec2n-c a Leading Banker.
He established the banking house
OF ID. 0. Mills & Co. of Sacramento.
which is still the leading bank Of the
interior of California. Although Mr.
Mills spent the greater part of recent
years in New York, he passed some
months each year in California
Mr.. Mills married on Sept 8, 1854.
Miss Jane Templeton Cunningham of
New York, who died on April 26, 1888.
When young Mills left his home in
Westchester county. N. Y, to win a
place for himself in New York that
city was little more than provincial
town, with woods and meadows cover.
ing the district north Of the city hall.
1t was not difficult to obtain a clerk
ship in a bank in those days, and Mr.
Mills was not long In finding work.
He was not satisfied with the outlook
for promotion, however, and gave up
the position for better one in Buff
falo, where he soon became cashier
and his employers partner. The first
- nf IL,
California found him an eager listener,
and he resolved to try his fortunes in
this new western world.
Got the "Goid Fever"
The "gold fever which possessed
him was not of the speculative char.
acter. which was typical Of the man
He argued that the rush Of men to
the gold sections Of Gallo rnia would
result in suffering from lack Of the
necessities of life and that there would
be a dearth of business organization.
Investing his savings In stock OF
mining supplies, he made his first ap.
pearance In the gold fields as mer.
| chant. He was successful from the
| start. Sacramento was not much more
than village at that time. but the
proximity Of the diggings made it O
| center Of trade with the miners. II
was not long before he had establish
| ed a oank, the first institution Of the
kind on the Pacific coast. 1t became
| 4 prominent factor In the growth OF
| the community surrounding it.
| The bank spread out into network
| OF enterprises and was finally follow
| ed by the Bank Of California, which
Mr.. Mills helped to organize in Sar
Francisco and Of which he was tho
| first president. The institution soon
attained an international prominence.
A sample Of the bankers ready wit
was displayed on one occasion In thu
| fifties when an amateur dramatic per
formance was given in San Francisco
| for the benefit OF some deserving char
ity. Among tae performers was thu
late Hugh rarrmr IcDermctt. the poet
and In bcz was Mr.. Mills. The play