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Show ' U ' '- - JUDGE GARY'S ADVICE Judge Elbert H . Gary, chairman of the board of directors of the United States Steel corporation, was known as a wise and patriotic pat-riotic man . His public statements were noted for their clearness of thought and their sound logic. Never, however, did he express saner thought or give better advice than in his last will and testament. testa-ment. Hi3 advice to his family in. the matter of investments is so clear and concise that it deserves the widest publicity. In his last will and testament Judge Gary says: "I earnestly request my wife and my children and descendants descend-ants that they steadfastly decline to sign any bonds or obligations of any kind as surety for other person or persons, that they refrain from anticipating their income in any respect; that they refuse to make any loans except on the basis of first-class, well known securities se-curities and that they invariably decline to invest in any untried or doubtful securities or property or enterprise or business. "They should reject any representations or opinions of others if involved in any doubt. They will be approached frequently with suggestions for investment that the not entitled to be relied upon from a business standpoint." It is impossible to measure the amount of misery and misfortune misfor-tune which has resulted in the world from misplaced confidence in the signing of surety papers, and in investments in "wildcat" and 'blue sky" schemes for making money rapidly. It would seem that experiences of this kind have been so general and have been given Bomuch publicity that everyone would be aware of the danger dan-ger of business operations of the sort. And yet it seems that there is annually a new crop of inexperienced ones who must learn their lesson in the bitter school of misfortune. Judge Gary's advice to his family is worth considering. Cut it out and paste it up where you can look at it the next time that an alluring blue sky salesman comes along. |