r myself. I mean just this, that for my own reading THE SCRAP
BOOK as it is, and THE SCRAP BOOK in its possibilities, has all other
magazines, every phase and kind of magazine the world over, beaten to a
standstill.

And why? Simply because THE SCRAP BOOK in its scope is as wide as the
world. It has no limitations, within the boundaries of decency and good
taste. It has as broad a sweep in the publication of original articles and
original fiction and original everything as any magazine anywhere. It has,
in addition, in its review phases, recourse to the best current things
throughout the world--the daily press, the weekly press, the magazines,
the pulpit, and the platform. And best of all, it has the vast storehouses
of the centuries to draw from--the accumulation of the world's best
thoughts and best writing.

FRANK A. MUNSEY.

The Latest Viewpoints of Men Worth While.

The Presidents of Harvard, Columbia, and Cornell Discuss
Questions Bearing on the Practical Training of the Young Men
of America--Maeterlinck Calls New York a City of Money,
Bustle, and Noise--John Morley Offers Some Valuable
Suggestions on the Reading of Books--Edward S. Martin
Praises City Life--Ex-President Cleveland Speaks of the
Relation of Doctor and Patient--And Other Notable People
Express Themselves on Matters of Current Interest.

_Compiled and edited for_ THE SCRAP BOOK.

IS THE RICH YOUNG MAN HANDICAPPED?

President Eliot, of Harvard, Tells of
the Blessings of Poverty and the
Penalties of Great Wealth.

Is wealth a hindrance to a young man starting out in life? Men who have
built their own fortunes are almost unanimous in answering yes. To have
nothing to begin with means, they say, illimitable opportunity, and
opportunity is the great developing factor; poverty means the stimulus of
real need, which impels men to take advantage of opportunity. To quote the
present Lord Mayor of London, Alderman Walter V. Morgan:

The best thing that can happen to a young man is to be poor.
Extreme poverty may sometimes hamper a youth's progress,
but, in my opinion, he is far more likely to make his way in
the world if he starts with the proverbial half-a-crown in
his pocket than with a thousand-pound note.

Riches carry their own penalty. President Eliot, in a recent address
before the student body at Harvard, said:

The very rich are by no means the healthiest members of the