Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1916-10-04

TO get out of my overalls."
That was the reply flashed back by
the former farm boy and machine shop
apprentice who is today head of the
greatest national bank in the United
States, head of the American Interna-
tional corporation which is to conquo,
foreign markets for American ON
merce. head OF the International Bank
ing corporation with its branches in
many Lands. head OF the MidVaie Steel
a. Ordnance company, Il director and
constructive force III leading railroads
n upbuilder OF industry.
The story of Prank A. Nandcrlip's
rise from poverty and obscurity to
wealth and power is rich with lessons
FOR both young America and mature
America. IL is a record OF difficulties
overcome b. uncouuuerable p~ersevcr-
ahcc, OF zeal and efficiency in every
station OF HE. of far dealing and fore
sight.
What lessons have your experiences
taught YOU" | recently asked MIR. Van
dcvlip.
THAT power is nothing but a respon-
sibllity to do the right thing. Since
nothing is ever settled until it is settled
right. no matter how unlimited power
q man may have. unless he exercises it
fairly and justly, his actions will return
to plague him.
Also. in order to succeed. n young
man must not only spend n fun day at
MS work, but must devote another day
learning what his work means. it's re!a-
ton to the scheme of ttiiss."
MI. Nanderlip today is the most ag-
gressive tinancier i'm America, Europe
and the Orient. From his brain has
come the $4,000 900 financial corpora
ton which plans to develop new fields
for American products, for American
capital and for American men. The
Transformation of the American dollar
from a national to ar International coin
is IN no small measure the work of his
institution. He is doing more thar any
other man to make New York an inter
national financial center comparable
only to London. The National City bank
with it's deposits of more than S55O.-
100000. today ranks sixth anon the
largest banks in the world. and it does
more business in it's head office than
is M under any other non-goyern-
mental banking roof on the face of the
earth.
That is the Vanderlip the world
knows.
Silent Philanthropist.
Ihere is IA Frank A. Vanderlip the
world does not know. one he never
mentions even to %intiimates. Perhaps
, ,ne WORK or this unknown Vanderlip
may have had something to do with the
success OF Banker Vanderlip. 1t at least
reveals why he deserved to succeed.
Ihe Unknown Vanderlip is Vanderbilt
the silent philanthropist.
Wheh a struggling reporter in Chi
saso' supporting six dependents, he
used to rent a place near his
and send group after group of citv
walls there in the summer time. AT
SnT1stmas. instead of '.exchanping"
PRESENTS. ne and his sister played Santa
Siaus among the poor on IA scale that
involved read ~self-sacrifice.
on entering the treasury department
a. Washlngton he took several of his
poor BOY friends with him. found them
work and brought them up in his own
nome. Several of them have since
made their mark.
de has put and is putting numbers
lege. wi
At present he is. out of his own
pocket. building a model school at .
lost OF s2Oo.ooO on his estate at Scar
porough-on-the-Hud where he is
providing scholarships for children of
exceptional ability who are unable to
pay the low tuition fees.
1he City banks comprehensive plan
tor educating ITS employees and for Civ
ing Il couise Of training to selected
students from the leading universities.
a vitality important movement, is a
erowt OF this same spirit.
a friend told me the other day how
ne was motoring in the White noun
Jams not ong ago with Mr.. Vanderbilt
when they met a poor barefoot lad
who's face appealed to the banker.
The Ga. was stopped and Mr.. Wander
up cllatted with the little fellow. "And
Ar. Vancerlip spent the rest of the aft
rnoon cogitating how he could take
that barefoot child out of his unprom-
isins surroundings and give him a
m q moo tn ~ IN tyA II, $780,. r.
he added.
Mr.. Vanderlip is one of the increas-
ing number Of eminent business lead
ers who are more interested in making
men than; in making millions.
In his youth Vanderlip had to mold
ct.rumstances to his will. He had to
h st the bonds Of an environment that
VAS as a strait Jacket.
Let us follow his career from the be-
Ginning.
Early Career
OF pioneer stock. he was born on a
large farm not far from Aurora. nj.
81 ago His father died when
Frank. the eldest of three children. was
only IL. Duties n responsibilities
eariy became his lot. for the farm
yielded but a soanty livelihood. He
mad an intense thirst for knowledge
and read every one Of the few books
ne could lay his hands on. These in
cluded a complete edition Of Shake
speare. the Arabian Nights and a few
OLD fashioned magazines.
Since incidents illumine careers. II
was significant how he spent the first
money he earned.
For faithfully acting as nursemaid
to 81 calves during a whole summer
he was allowed to choose one of them.
n ne sold 1t for s12. In a nearby
hamlet hung a poster announcing that
SO would bring the New York Weekly
Tribune for five years and. as q pre-
MUM. . "Webster's Unabridged Die
tionary." The $40 bill was promptly
dispatched and for five years the