The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-07-26

10 buy residence on Fifth Avenue
and entertain the 4oO: then a yacht
was added to his possessions, and he
took his friends on n cruise around
the world. entertaining lavishly on
his yacht and at the chief hotels OF
Europe. The expense was great, but
the devil honored hts drafts. He went
to Monte Carlo and got on tho wrong
side of every game ana lost mill
lions. but the tnexhaustihle treasury
Of hell was at his command. After
travelling all over tho world, and
spending as II he was a rcincarnated
CToesua, he tired Of pleasure and
travel, and determined 10 go into BUSH
ness, 50 he bought him n seat on the
stock exchange and plunged into spec
uiatl0ns reclxIessly. Everything he
pure based went down Ike McGinty.
lie got on the wrong side of every
market. but the devil made no COM
plant. He then engaged in high fl
nance OF the most frenEied type and
his money took wings Finally. ex-
element palled upon him and he de-
cded he ought to enter upon Some
work that would ne of use 10 the
world and so he decided to establish
daily newspaper in the Metropolis and
he purchased tho finest presses and the
IlRH{ ub~tp-dAtF ma illlIti l"t ~ - ava -
OF the cost, he employed the uC st
gifted writer's and most celebrated ar
lists and everything that money could
buy was at his command to establish
his daily newspaper. The plant was
thing Of beauty and the product
was work Of art But myi How
Il did deplete tho treasury Of the In
fernal regions, and finally, when the
drafts became SO heavy as to alarm
tho devil, ne sent for the man and
said, what in the are you do
ing now you are about to exhaust
the treasury OF heil7 The reply was:
II am trying to establish a daily
newspaper" whercupon the devil
said. Il VIII withdraw from the con-
tract II you are trying 10 establish
q daily newspaper, You will exhaust
the treasury OF hell before you do II,
and besides. II yon try TO become
editor Of a daily newspaper I will get
your eoui anyway"
GUILTY OF OFFT-SSTn or
BEING \ COUNTRY EDITOR
never have been so. constantly re-
minded o. the guilt of being a coun-
try editor as J have since ! had the
honor TO be appointed by President
Wilson as secretary Of the navy The
opposition has apparently found IL
more or lees useful for campaign pur-
poees TO charge that the American
navy was going down In efficiency be-
cause II was managed ny a country
editor. And this in spite of the fact
that there are SO more ships in com
mission now than on the 4th OF
March, 1913: there nre 5000 moro
men ana larger number of officers
and an authorization by the Senate
a
man every lighting ship In the navy.
so that to-day twenty-five battleships
more than ever before--are engaged
with he Atlantic fleet in maneuvers;
and fine Genats has Just passed "A naval
hiN carrying the largest appropriation
eyer given IN any naval bin IN any
/ country In the world. II has neither
t been nay teaching. nor~-I hope l may
say II with becoming mod esty--rny
| experience that the ownership and
editorship Of IA more or less country
Journal has tended TO fncapacttate
men for the hoidinp OF public posi-
ton Two Presidents OF the United
States before President Wilson saw III
TO appoint country editors to be sec
retartes OF the navy. President Lin
coin appointed Gideon Welics 20 be
head OF what Lincoln himself called
1.-The .'wsh footed arm OF the ssr,fce
ana President Arthur appointed VIII
liam r. Chandler as secretary OF the
navy. and II certainly has been the
verdict OF history that both OF these
journalistic ouIprits made good. !
trust that history VIII for q third
time vtnficate the claim OF all US
country editors. that the training OF a
Journalist gives a man a well-rounded
viewpoint. enabling him to consider
~ - INut y,
may come TO a right Judgment. What
ever successes he may have achieved
or whaeever failures he may be Justly
charged with, the present secretary OF
tho navy has always been grateful. in
considering mary important prohlem@
that have come before him. for his
training AZ Journalist.
ESSENTIAL QUALIFICATION
OF a MANAGING EDITOR
You will all recall the story OF the
definition given by the famous John
McCulloch, editor Of the ST. Louis
lobe-Dem ocrat and ono Of the men
who have added 1ustre to our profess
sion, AZ to what constitutes the quail
tlcations of "a good managing edit 1r.
u ia related that a young man. am
bilious to belong to the same profes.
sion which prod uced Mc<Sulloch. went
10 the editor and Expressed the desire
10 wear hts an antle after he had gone
20 The place where all good editors
go. The young man asked what ne
should do TO become a great mana KIN x
editcr9 McCuffoch repliedi you
need but one qualification-you m ust
know whore hell VIII break loose next
and have a man on the spot" This
test Of secretary Of the navy In
whether no 10 a good managing edi-
! tor. n he In. he VIII chfc1iy concern
himself that tlris trong right arm OF
the nations defense will always haxs
the feet prepared 70 uphold the rust
demands and tho honor of the coun-
try. and know where trouble may
break loese NEXT and be ready with
a well manned ship on the spot, pre-
pared for the emergency
NAN WHO HAS MESSAGE
CAN GIFT HIS HEARING
There Is now no other profession.
except journalism, in which man ca ,
make money while doing good" said
thouEhtrui gentleman in Washing
ton few nights ago. He was the
sort a. Mr.. Worldly Wiseman who
/ could not conceive of a life work that
did not ''volplane" low enough from
soaring ideals TO touch bread anc but
ter and IN whose mind thare must bs