The following account, indicating great motherly wisdom, is from a
despatch from Chicago to the daily papers:
If Leonard Loeffler, six years old, has fallen heir to a fortune
of $1,000,000 his mother will be sorry. It has been reported
among the relatives of the late William Loeffler that his will,
which will be probated this week, bequeaths his entire fortune,
amounting to $1,000,000, to his grandson, Leonard, who is the
son of Mr and Mrs. Frank Loeffler, and this intimation moved
Mrs. Loeffler to express the hope that her son might not inherit
riches.
“I do not want any son of mine to inherit a million dollars,”
declared Mrs. Loeffler.
“Why?” she was asked.
“Because I do not think it does a child any good to have riches
which he has not earned. If Leonard can get a fortune by working
for it the way his grandfather had to do I shall be the proudest
mother in the world, but there is no reason why he should have
wealth unless he does earn it. I want my boy to earn what he
gets. I don’t want him to get $1,000,000 for nothing. That is
how much I think of money. It spoils children and removes the
incentive for work, and it is work that shapes a career.”
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