The Birmingham age-herald., 1924-01-06

years do nat ssem eyensto have dark ened 1t much. '
 This wall Street success is smoking 2 black pipe. % There's one reason" he says, and points to the emptied dishes of a quick lunch. "The office boy has brought that in every day for 10 years" He stands before a roll-top desk. The desk tells good deal of the things that went into John Borg.s decision to let go. The room itself ia bare: there is no color except 6 casual rug of Persian de- sign. A chair or two and a ticker ticking. Across one corner the desk, dingy from use and scratched.
 s"I bought that second-hand." says Borg. with the chair, for $30, when I started in business for myself. That me when leave"
 lion and concentration caused little Dorothy Ito, ask her question. Since John Borg set out for himself he has been market operation one who takes . group and createA a stable market for securities. It Is a build ing-up process in which organization is 90 per cent of success-organiza ton of the securities and what is back of them, and of the group in- terested in the special market. John Borg & Go. have never handled cus- toner's accounts; they always have been traders for themselves. Each campaign of organization for such a trader means intense concentration. s4 A Week To Million In IA Years
 In 1899. John Borg was a lad of IT, of some note in athletics in Union ,Hill. N. J.. who had just got A iob in Wall Street with Williamson & Squire at $4 week. In 1908, he was the head of John Borg & Co, which started with his capital of $1,O0o, saved from his salary John Borg had his savings. his s3O desk and a ticker sense, and hs became a char ter member of the1 New York Curb Market association, which was then really at the curb. Five years later, John Borg had a million dollars.
 "I didn't set any special goal" he says. T was like most young busiS ness men setting out, you knowH they always think of making rnf1- lion. It's handy figure. We'll, the million came-make it clear that I'm not bragging. won't you--and I just kept on working, without thinking much about 1t. There was work, and 1t had to be done.
 For long time," he continues. "I went on as most of us do, never stop ping to think about 1t or philosophize. put felt more and more that a man should not be the slave of his work. That idea would crop up every little while. I have discussed 1t with lots or men who are confronted with the same thing. I'd like to get away from the grind-if 1t could be done;' that's what they say. We'll, they can do it if they plan hard enough: That IS, men who have their own business. The employed man who has big ex- ecutive job? We'll, that's another matter. I admit.
 Beating the Snapping Point.
 Then that little incident of my daughters question occurred. l. tell it because maybe 1t will make 1t easier to understand. For a time 1t seemed that maybe there was a way to keep on working without putting so much energy into 1t. But couldn't figure out any system. Work has to be done whole-heartedly, and if happy medium for a man who must
 cultivate intensity and make it his asset. The more cares, the harder he works. The habit of concentration isn't like a coat. that you can take off at night.
 Physically I'm sound as a nut, and the constitution, you know. will stand a lot of abuse; but if there's too much abuse, finally there comes a snap. I've beaten the snapping point to 1t. Have I good sense?"
 So that is why John Borg, two years ago, outlined his plan of retire ment to three of his employees, men now 2S to 25 years of age: John il. Borg, his nephew; Charles Halden- wang and William Gilmour, Jr. They had grown up in his service and he trusted them. Haldenwang began as