CHAPTER III.

PATENTS THE GREATEST SOURCE OF WEALTH

"Upon what meat does this, our Caesar, feed, that he has grown so great?"--Shakespeare.

THE SOURCES OF WEALTH.

_The diagram below shows very } _The cry nowadays is that clearly the rich men of the world, } there are no chances for and the source of their wealth_: } accumulating wealth as did } these people--in some ways } this is right._ } } _Three of the avenues to } wealth are pretty well closed: } Taking each up in turn we find_

1ST. NATURAL WEALTH. } } Secured by Mining, Drilling and } FIRST. Digging. Examples: } John D. Rockefeller, } Mines and Oil Wells are becoming Henry H. Rogers, } scarcer every year, and there Barney Barnato, } are few which remain undiscovered. and many others. }

2ND. REAL ESTATE. } } Advances in value as by buying } SECOND. lots in a growing city and taking } advantage of its growth. Examples: } Real Estate takes an inside Hetty Green, } knowledge of conditions, which The Vanderbilts, } none but men who give the Russell Sage, } subject deep study can hope to and many others. } acquire.

3RD. TRANSPORTATION. } } Steam Railways, Electric Railways, } THIRD. and Steamboat lines. Examples: } The Goulds, } Transportation requires Thomas J. Ryan, } big capital, and the small E. H. Harriman. } investor on the "outside" has } no chance whatsoever.

4TH. PATENTS. } } Inventions on articles in use in } FOURTH. the manufactures, the arts, the } home. Examples: } PATENTS ARE TO-DAY THE Carnegie, Edison, } GREATEST SOURCE OF WEALTH. Schwab, Maxim, } Krupp, Westinghouse, } "Genius, that power which Pullman, Bell, } dazzles mortal eyes, Welsbach, Singer, } Is oft but perseverance in Hewitt, McCormick, } disguise." Acheson, Colt, } Marconi, Bessemer, } and thousands of others. }