Show SPEAKER M II 4 43 c I 4 t tt t L p S S I 1 ar I J. J c. c P PENNEY GIVES SUCCESS RULES Trust in Hard Work Says Say Chain Store Magnate in Talk at U AU Character honesty and determination tion ot of purpose not luck determine a mans man's success JC Penney chairs chair man of the board ot of directors ot of the J. J C. C Penney company said Friday In Ina a talk before University ot Utah students stu stu- dents o of business administration Trust in hard work said the chain store founder My whole life liCe has been given to the selection and training of young young- men and women and i if thc they will work hard and use their native intelligence they cannot help but be successful Born of poor parents Mr Penney started work in a dry goods store at a month later becoming head b f a national chain s system which op almost 1500 stores in this countr country With the first I could spare after buying my first pair of shoes in almost a year I purchased a pig he told the students When it grew large enough I disposed of it bought three more more pigs and repeated the process My pig business con to grow until I I obtained enough nough money to pay my expenses through hIgh school At 17 I was graduated and went to work in a dry goods store in my home town of Hamilton I studied the business and within four years had risen from a a month man manto manto to a a year salesman With my last I purchased a butcher shop in fri Longmont Cob Colo later engaging in various other businesses until I opened ray my first dry goods store in 1902 in Kemmerer Wyo Wo Mr Penney lived in Salt Lake City from 1909 until until- 1912 maintaining headquarters here for the first chain of stores he operated in Utah and Idah Idaho He will go co to to Ogden Monday to address a joint meeting of civic of-civic ic clubs and the chamber or of commerce leave leav Ing there Tuesday for Houston Texas |