The Passing of the Idle RichMartin, Frederick Townsend
History
The Passing of the Idle Rich
Martin, Frederick Townsend
Rich people -- United States; United States -- Social conditions -- 1865-1918; Wealth -- United States
Idleness is doomed as a vocation. Of that I am perfectly certain. Even
in the social world it is becoming unfashionable. Not so very long ago,
in the fashionable world of New York, it was considered bad taste, in
fact, it was a decided breach of etiquette, to inquire amongst the men
of your acquaintance what anybody did for a living. Within the past
five years there has been a very decided change in this respect, and I
constantly hear that very question asked, without rebuke, in the most
fashionable clubs of the city.
A man whom I know pretty well, himself a member of the highest social
order, but a man of indefatigable energy, recently put very neatly this
fact that many of the quondam idle class are now engaging themselves in
useful pursuits. On the street one day he met a young man, a confirmed
idler of long standing. He exchanged the time of day with him, and was
told that he was about to go to Europe to join in the social season of
London. He congratulated him and said he thought it was a good thing to
do.
A few nights later, talking to me about him, he said:
“I feel sorry for Charlie. He seems so lonely. He can’t find any one to
play with him!”
In a measure, that is true. The confirmed idler of the social world
is slowly coming to be despised instead of envied. He still infests a
few of the up-town clubs, but even here he is more and more relegated
to the bottom of the social list. It is harder and harder every social
year to fill up the ranks for social entertainment. A dinner or an
early reception can be managed very well, for the young men who work
will go to such functions, perhaps as freely as they ever went. It is
far different with the late dance or the late reception.
If you could go down into Wall Street and call the roll of the bond
houses, it would astound you to discover how many young men of the
highest social class are working very hard right at the bottom of the
ladder of industry learning the financial business. A friend of mine,
a fairly well-to-do man of a small city in the Middle West, sent his
son to me a year or so ago with a letter asking me to introduce him
in Wall Street with a view to his learning the bond business. He had
chosen that as his vocation in life, and he had taken a special course
in college as a preparation for it. I sent him, with personal letters,
to half a dozen friends of mine, partners in various houses. I told
him simply to look around, at first, and to talk freely and frankly
to these gentlemen about the chances for a young man in that line of
business.
Public-domain text, read in full here on John Shaqi.
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