does not own those millions, Jonathan, but they own him.
He is a slave to his possessions. If he owns a score of automobiles he
can only use one at a time; if he spends millions in building palatial
residences for himself he cannot get greater comfort than the man of
modest fortune. He cannot buy health nor a single touch of love for
money.

Many of our great modern princes of industry and commerce are good
men. It is a wild mistake to imagine that they are all terrible ogres
and monsters of iniquity. But they are victims of an unjust system.
Millions roll into their coffers while they sleep, and they are
oppressed by the burden of responsibilities. If they give money away
at a rate calculated to ease them of the burdens beneath which they
stagger they can only do more harm than good. Mr. Carnegie gives
public libraries with the lavishness with which travellers in Italy
sometimes throw small copper coins to the beggars on the streets, but
he is only pauperising cities wholesale and hindering the progress of
real culture by taking away from civic life the spirit of
self-reliance. If the people of a small town came together and said:
"We ought to have a library in our town for our common advantage: let
us unite and subscribe funds for a hundred books to begin with," that
would be an expression of true culture.

But when a city accepts a library at Mr. Carnegie's hands, there is an
inevitable loss of self-respect and independence. Mr. Carnegie's
motives may be good and pure, but the harm done to the community is
none the less great.

Mr. Rockefeller may give money to endow colleges and universities from
the very highest motives, but he cannot prevent the endowments from
influencing the teaching given in them, even if he should try to do
so. Thus the gifts of our millionaires are an insidious poison flowing
into the fountains of learning.

Mind you, this is not the claim of a prejudiced Socialist agitator.
President Hadley, of Yale University, is not a Socialist agitator, but
he admits the truth of this claim. He says: "Modern University
teaching costs more money per capita than it ever did before, because
the public wishes a university to maintain places of scientific
research, and scientific research is extremely expensive. _A
university is more likely to obtain this money if it gives the
property owners reason to believe that vested rights will not be
interfered with._ If we recognize vested rights in order to secu