ONE THOUSAND WAYS TO MAKE FORTUNE – CHAPTER XXXV.

HIGHLY PAYING OCCUPATIONS.

Some Golden Plums–What Electrical Experts Get–The Confidential Man–Rapid Rise of an Advertising Agent–Editors in Clover–Railroad Presidents Come High–A $25,000 Engineer–The Paying Berths in Medicine–Some Astonishing Lawyers’ Fees–What Vanderbilt Paid a Steamboat Man.

There are some positions during which huge salaries are paid. They are, after all, locations the place nice obligations are incurred. Strange as it might appear, nevertheless, occupations the place 1000’s of human lives are imperiled are usually not compensated at so excessive a price as these the place nice funds are at stake. Here are just a few of the golden plums:

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994. ELECTRICAL EXPERTSThe use of electrical energy has so elevated in the previous couple of years, and so many new makes use of have been discovered for it, that there are to-day practically fifty totally different departments of human labor the place it’s employed, and naturally these have differentiated as many sorts of electricians. A younger man in a New York institution says “I am in receipt of a salary of $4,000 as superintendent of the dynamo building, and recently I had an offer of $7,000 to go with a new company out West.”

995. THE CONFIDENTIAL MANAnother man in New York started his profession in a retailer at wages of solely $7 per week. He is now the agency’s confidential man, who decides on all essential purchases, and receives a wage of $8,000 a yr.

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996. THE ADVERTISING AGENTThe promoting company is from a monetary standpoint a very powerful division within the make-up of a paper or periodical. On considered one of our hottest magazines there’s to-day a younger man hardly over thirty years of age who has superior by way of the varied grades of labor till he’s now superintendent of the promoting division, receiving a remuneration of $7,000 a yr.

997. GREAT DAILY EDITORSEditors of main departments in our nice dailies obtain from $2,000 upward. Managing editors and editors-in-chief obtain many occasions that sum. One man within the New York _Sun_ workplace has for his companies a wage of $15,000, and moreover this does outdoors literary work to the quantity of $5,000 yearly.

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998. MEDICAL SPECIALISTSThere remains to be “room at the top” of the medical world. The largest harvests are reaped by those that dedicate themselves to specific elements of the human framework, and ultimately are in a position to arrange as “consulting physicians.” One physician, whose flats are crowded every day, knowledgeable the creator of this work that he was treating eleven hundred and fifty sufferers. The celebrated Dr. Loomis for a while earlier than his loss of life made $50,000 a yr.

999. LEGAL COUNSELORSWhat is true of drugs is equally so of the regulation. Specialists in such branches as real estate, legacies, insurance coverage, and so on., are in receipt of immense income. Celebrated bar-pleaders even have grown wealthy. The names of Rufus and Joseph Choate, of Wm. Evarts and Ben. Butler, are examples of males who’ve obtained single charges of $10,000. One younger lawyer says: “I began seven years ago and during this period my earnings, with their investments, amount to $200,000.” Legal expertise can be liberally paid for by the good firms, all of which make use of at an everyday wage a number of attorneys.

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1,000. CORPORATION PRESIDENTSPresidents of banks obtain from $5,000 to $50,000; of insurance coverage corporations, there are at the very least three which pay their presidents $50,000; of railroad presidents, one receives $100,000, three obtain $50,000, eight receives $20,000, and twelve $10,000.

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In different occupations, deep-water divers are paid on the price of $10 an hour and fractions thereof; circus managers, $5,000 a yr; and the shopping for man of nice mercantile corporations about the identical. Bank cashiers get from $4,000 to $7,000; customized home officers from $3,000 to $7,000; judges of city courts (New York), $6,000; lecturers from $10 to $200 per night time; preachers, from $20,000 in John Hall’s pulpit to a pitiful $300 in some nation city; faculty principals from $1,500 to $3,000. Among distinctive salaries could also be talked about that of a steamboat supervisor of the Vanderbilt traces on the Mississippi, who as soon as obtained $60,000 a yr; additionally the engineer of a giant manufactory, who’s paid $25,000. “Is not that high?” inquired a customer on the works. “He is cheap for us,” was the reply, illustrating the reality that expertise and ability are all over the place and all the time in demand. The concern couldn’t afford to lose him to rival corporations who wished his companies, and so discovered it cheaper to retain him even at that top determine.

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This post was originally published on July 21, 2022.