The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-04-16

lowed to come to New York Toledo
earnings must be reinvested in Toledo
His Mothers Great Success.
In n number of instances my moth
er has been wonderfully successful from
her ventures. 1 have in mind one case
where she bought in a piece of prop
erty in Toledo for 100000. A railroad
station erected near her holdings has
given, them value of nearly s500,Oo0.
In other cases property we have loaned
upon has greatly deprecated in value.
| have In mind the city of st. Louis,
which has suffered untold damage from
its world IS fair Our holdings in Chi
cago are entirely in the heart of the
business section and out Michigan ave-
nue. as far as Sixteenth street"
Colonel Green takes pride in the
Amerlcanlsm of the family. "Another
point which adds to my pride i'll the
business name which my mother has
of her birth, Her patriotism has cost
her good many dollars but l am sure
she has no regrets upon that score.
Below Canal street the modern
fnanciers look upon my mother as be-
hind the times In her way of doing
business. Some have volunteered to
bring me up TO date. Others have sug-
gested that I depart from the bust
ness methods she used Maybe ] am
slow III catching on, but I intend to
follow along her lines. If by so doing
I am one-half as fortunate as she has
been in her opinions and judgments, ]
will be doing better than any fnancier
] have met since making my headquar
ters here.'
Better Economic Conditions.
TQ,,k 1
are to be used in development of the
individuals Of the country. Colonel
Green is believer in the success of
the young American when trained in
the right direction. 81 have talked
long and earnestly with my mother
fand when the time comes / am sure
that my mother will be found in the
fore ranks of those endeavoring to bet
ter economic conditions in our land.
"I have often thought that if ev-
cry year a half dozen students, fresh
from the universities, would go back
to their native village and towns as
lawyers, physicians and teachers, with
their minds firmly made up to lose no
opportunity to speak or to live in favor
of the right, determined to show their
there would be formed in twenty-five
years time for the good of the coun-
try a new aristocracy which would in
fuse new principles into our national
life. Every young man who sees moth
ing in life but the pursuit of money
and who has no thought of anything
else but vulgar pleasures he can buy
with 1t, is pitiful creature.
"Such disposal of the intelligence
of any particular locality would he
along the line of my mothers policy
with respect TO the reinvestment of the
earnings from her various properties
If the wealth acquired in a locality
is kept there for the benefit OF TINT
community why should not the bright
young men of that community be of
fered inducements to locate at home.
The rush to the large cities like New
York of the majority of talent of the
small towns, ! believe, is one of the
serious evils Of this country. No hand
is lifted to stay the flood Even the
country bankers send their balances to
Wall street to be loaned to the specu-
lative fraternity
There is Just as much opportunity
IN Dallas, Texas. properly financed. as
there is in Chicago or New York
should say the odds are in favor of
Dallas, The same can be said of any
other town or city where young man
Will refuse to be lazy But he must
be educated up to going back there
when has gray matter has been stirred
INTO action by course in one of our
leading colleges -