there was lots of money in it. He persuaded me
to invest $15,000, and I lived up to my beliefs by engaging a man to
develop it. To make a long story short, I sunk $40,000 in it.

Then I took up the publication of a book. I called in a publisher and
said to him: "I want you to publish this book along lines which I shall
lay down. I am the employer, and you are the employee. I am going to
show them some new kinks in the publishing business. And I want you to
draw on me for money as you go along," which he did. He drew on me
for $56,000. Then I asked him to take the book and call it off. But he
refused to do that.

My next venture was with a machine for doing something or other. I knew
less about that than I did about the invention. But I sunk $170,000 in
the business, and I can't for the life of me recollect what it was the
machine was to do.

I was still undismayed. You see, one of the strong points about my
business life was that I never gave up. I undertook to publish General
Grant's book, and made $140,000 in six months. My axiom is, to succeed
in business: avoid my example.

CARNEGIE THE BENEFACTOR

At the dinner given in honor of Andrew Carnegie by the Lotos
Club, March 17, 1909, Mr. Clemens appeared in a white suit from
head to feet. He wore a white double-breasted coat, white
trousers, and white shoes. The only relief was a big black
cigar, which he confidentially informed the company was not
from his usual stack bought at $3 per barrel.

The State of Missouri has for its coat of arms a barrel-head with two
Missourians, one on each side of it, and mark the motto--"United We
Stand, Divided We Fall." Mr. Carnegie, this evening, has suffered from
compliments. It is interesting to hear what people will say about a man.
Why, at the banquet given by this club in my honor, Mr. Carnegie had
the inspiration for which the club is now honoring him. If Dunfermline
contributed so much to the United States in contributing Mr. Carnegie,
what would have happened if all Scotland had turned out? These
Dunfermline folk have acquired advantages in coming to America.

Doctor McKelway paid the top compliment, the cumulation, when he said of
Mr. Carnegie:

"There is a man who wants to pay more taxes than he is charged." Richard
Watson Gilder did very well for a poet. He advertised his magazine. He
spoke of hiring Mr. Carnegie--the next thing he will be try