IN the unavoidable rush incident to the issuing of the first number of The Business Magazine under the control of The Maclean Publishing Company, a most important announcement was completely overlooked until the forms had been printed.
FIFTEEN million dollars, a Senator ship, and a world-over reputation as a publicity king—all in a pink pill the size of a common white bean, is the nutshell epitome of the late Senator Fulford’s career. The death of this remarkable man of business once more flings the shadow of a strong life across the public gaze.
MOSES MANDELKERN was fat and lonesome. When fat men are lonesome, they always appear to be more lonesome than lean men. This, however, is but an idle remark, entirely apart from this story. Mandelkern sat smoking outside his butcher-shop, gazing enviously across the street at two men who, side by side upon the steps of a tall tenement, sat silent and contented.
UNTIL the mints of earth stop turning there will be money to measure merit. When a lawyer can make two million dollars in a single fee; when a doctor can demand fifty thousand dollars for a twist of his wrist; when a violinist can get a thousand dollars for playing three tunes in a private parlor, and a cook can command twelve thousand dollars a year, it must be taken as an incontestable fact that man’s earning power will reach no bounds.
A GREAT deal is heard and read about the deadly effects of overwork on the one hand, and on the other about the “fatal dead line” that supposedly condemns to non-lucrative idleness the man over 50. But, as a matter of fact, much of the world’s best work is and always has been done by men well over 50, while statistics prove hard work and longevity the best of cronies.
THERE is no stranger story in all the world than that of the Rothschilds. Few royal dynasties have had so interesting a history. This is a tale which should be written in letters red and yellow. The first glimpse one has of the family is in the picturesque and swarming ghetto of Frankfort, where old Anselm Mayer dwelt in the house with the sign of a red shield.
The professors keep explaining that the richest men are those Who possess the deepest knowledge and are free from petty woes; Much we hear of tainted money and the heartaches that it brings To its pitiful possessors, the perturbed financial kings.
A NIGHT in the Marconi long-distance wireless telegraph station at South Wellfleet on Cape Cod is a night spent in a realm of wonders. It is a night of mysterious sights and sounds emanating from things that are little known, from things that are in advance of the age.
HETTY HOWLAND ROBIN SON GREEN, without question the wealthiest woman in the United States, of whom more has been written and less is known than probably of any living woman of equal prominence, whose income is roundly measured at several dollars a minute, who eschews publicity, despises a failure, and loathes a lawyer, will celebrate her seventieth anniversary on Nov. 21.
Th’ man what gains th’ most in life ain’t naryways th' one ’At’s alius frettin’ ’bout his job an’ wishin’ things wuz done; He works away ’ith cheerful heart an’ does his honest best, An’ alius keeps a-laffin’ an’ a-jokin’ of the rest. If trubble comes, why, he don’t set an’ grieve until he’s sick, He up an’ gets to work, an’ so th’ worst is over quick, An’ when you tell him, friendly, ’at you’re sorry ’at he’s down, He sorter smiles an’ says ’at he’s th’ luckiest man in town.
"THE heights by great men reached and kept were not attained by single flight.” Neither are those offered by the manaugers of one of the typewriting compantiesanies, which runs a free employment agency in connection with the sale of its machine.
IN the recent arrival of the “Amerika,” of the Hamburg-American Line, on her maiden voyage to New York, another noticeable addition has been made to the growing list of trans-Atlantic liners, and again has roominess, steadiness and comfort, instead of high speed, been the paramount consideration of its builders.
EXPERIENCE as a business systematizer has convinced me that it is not wise policy for the executive head of a business or of a department to do much, if any, detail work. He may think that no one else can do the work as well as he, but his training in lower positions should enable him to judge whether his subordinates are doing the right amount of labor, and their reports should show to his trained mind whether it has been properly performed.
I WAS talking, not a great while ago, with a broker who had just returned from a trip through New England. “It was an odd experience," said he, “to stop off at one little city after another and see mills and factories running and office buildings full of people.
IF you take the slightest interest in the social questions of the day, if you have ever been concerned with the housing problem, if you have ever read with harrowed feelings of the white slaves of England, or have been inspired by the hopeful idea of garden cities, then you would find it absorbingly interesting to make the same short tour that I have lately undertaken, and now set out to describe.
ONE day a young man in Braddock asked an old friend for advice in invesing his money. He was only getting $6 a week. “Why, you haven’t any money, have you?” asked the friend. “I have nearly $100,” answered the young man. “But how did you save it? You only got $3.50 a week at the grocery and you only get $6 now.”
"YOU have fallen into the habit of using the phrase credit jobber,” people say to us; “what do you mean by it? Is it not money that the people so designated deal in?” It is and it is not. In the money markets of the world as now constituted the old-fashioned language does not fully express the nature of the commodity dealt in by bankers, bill brokers, and dealers in floating capital in general.
WITH the harvest of the wheat crop, followed by the beginning of the harvest of the corn crop in the month of October among our Western States, the railroad companies have thrown up their hands in despair of being unable to furnish cars and facilities for carrying the immense seed production from the fields to elevators and storage warehouses.
WHAT means do rich business men take to preserve their health? They have a system to which, almost without exception, they each and all conform. This system is founded on one remedy. One New York man pursues it at the cost of $500,000 a year; another, equally devoted to it, has it without cost.
A tilting knight across the heids and plains, With waving smoke plume in his helmet bright— The ranked forests fall before his might, The mountain’s heart is pierced, And prostrate ’neath his conquering tread The pallid waters spread. Nor was a paladin of old, perchance, More puissant in the realm of high romance.
EXECUTIVE ability has been aptly defined as “the art of earning one’s living by the sweat of another man’s brow.” While the executive may not live by the sweat of his own brow, he must by the activity of his brain, and must push the mass of detail work upon someone else in order to leave himself free for things of more importance.
HISTORY tells us of peasants who have become popes, of beggars who have become prime ministers, of a sheep herder who became a king, but in no record of the past is there a more astonishing story than that of the assistant station master who has risen to be the first Prime Minister of Russia, and who, if he escapes assassination, is more than likely to be the dictator of the vast empire which is now nominally and only nominally, ruled by the Czar.
OUR village by the sea lies in a district of large towns, and is steadily rising in favor as a health resort. Though quiet in winter, it is bright enough during the summer months, when the excellent sands and other holiday essentials attract large numbers of visitors.
IN considering the detective force of a great city, it is a matter of doubt if the question ever arises as to how a man or a woman receives his or her training in the profession of sleuthing. It is generally and erroneously conceded that a detective is born, not made.
ANDREW CARNEGIE believes himself fortunate in having been born of poor parents. “I, fortunately, had to begin work very young,” he says, “in order to earn an honest livelihood. The question to me was, what I could get to do. not what I wanted to do.
<p>IN the year when Queen Victoria came to the throne a shipping company was formed that was destined to play no small part in the development of the British Empire. No shipping company has a longer record of useful public service than this great concern, the “P. & O.”</p>
AS a mirror reflects the presentment of the pesson looking into it, so do the Stock Exchanges of the world reflect the image of every event of importance that happens in both hemispheres. From a royal indisposition to a snowstorm in Canada, from a revolution: in South America to a labor victory in Australia, nothing of general interest fails to effect some of the world’s stock markets, of which the nervecentre is London.
APROPOS of the daring conspirlacy attributed to a notorious western character to kidnap the presiding genius of Standard Oil—a feat which the Pinkertons declare is absolutely improbable if not impossible of accomplishing—considerable curiosity has been awakened as to the ways and means adopted by men and women of sovereign fortune to protect themselves from the annoyances and even dangers to which prominence is subjected.
NO advice is handed out so frequently to the man engaged in the struggle for life than that he must love his work. While the capacity for work shown by the majority of millionaires backs up what they say in this respect, the secret does not seem to be so much in a supernatural love of work itself, as in the fact that either by instinct, accident, or a courageous change of occupation after beginning wrong, they have found work that was congenial.
The Best Policy, by Elliott Flower, contains a collection of clever short stories, with life insurance as their motive. There are a dozen of them, each viewing the question from a different standpoint. In all of them the expediency of life insurance under all circumstances is emphasized.
IN addition to the articles which are reproduced in whole or in part in the present number of The Business Magazine, there are a great many more appearing in the current magazines, which it was found impossible to reproduce for reasons of space.
The Brantford Expositor says “It (Business Magazine) is a good magazine with an attractive table of contents and best of all, it is ‘made in Canada’ by the MacLean Publishing Company.” The London Advertiser remarks, "The new magazine will undoubtedly be a great boon to the busy man, for it is a sort of business review of reviews, selecting the best business articles that are published every month on questions of world-wide interest and containing also an index which shows you where you may find interesting and valuable articles on business subjects.”