File:New York State's prominent and progressive men - an encyclopaedia of contemporaneous biography (1900) (14765398172).jpg

Identifier: newyorkstatesprov2harr (find matches)
Title: New York State's prominent and progressive men : an encyclopaedia of contemporaneous biography
Year: 1900 (1900s)
Authors: Harrison, Mitchell Charles, 1870-
Subjects: Civic leaders
Publisher: (New York) : New York Tribune
Contributing Library: Allen County Public Library Genealogy Center
Digitizing Sponsor: Allen County Public Library Genealogy Center

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WILLIAM H. ROWE rpHE phrase, captain of industry, is often misused. It isJ- applied unthinkingly to those who amass wealth with littleregard to the means employed by them. A man of great wealthmay be without title to it, because he secured his wealth byspeculation. His money may have been created by industry,but he did not thus win it. Other men labored, and he enteredinto the fruit of their labors. On the other hand, one may be agreat industrial leader and yet remain a poor man. Such a one,despite his lack of wealth, is a true captain of industry. Most satisfactory of all, however, is it to apply the term toone who has devoted his career to industrial pursuits, and hassecured for himself a substantial pecuniary reward for his exer-tions. The true captain of industry is the successful industrial-ist ; especially he who founds, develops, and improves industrialenterprises, so as to increase the scope of operation and to giveemployment and profit to large numbers of his fellows. Swiftso

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