WHY IRISH MILLIONAIRES ARE SCARCE.

Gisborne Times, Volume XXIX, Issue 3282, 29 July 1911, Page 2

WHY IRISH MILLIONAIRES ARE SCARCE.

an interesting solution

In a classification of millionaires by nationalities it wilL' be found that Irishmen arc very far down on the list. Why this should be so may seem hard to understand at first. The Irishman, generally speaking, possesses more than average intelligence. Ho is an excellent workman, and) a capable business man. But the fact remains that he rarely becomes a .mil-. ionaire. , _ ~ , Rev. Francis X. M‘Cabe. President of De Paul University, Chicago, has offered an interesting solution. He says the fault, if it can be called a fault, is in the Irishman’s heart, not in his brain or business acumen. The Irishman is so generous toward his fellow man that he has little chance to accumulate millions for himself. “Irish generosity is a ba.r to the Irish millionaire” is the way that President M'Cabo puts it. “That is why there are not nearly so many millionaire Irishmen as there are millionaires of other individual nationalities. “The Irish are always looking on the bright side of things to come, not only for themselves, but for others as hell. They have carried with them always a spirit of optimism. They are, moreover, a people of deep religious convictions and faith. They have done an important work in the building up of the civilisation of the world.” And, after all has been said and done, this may be better than becoming mere millionaires.