In 1923 a group of the world’s most successful financiers met at a Chicago hotel. Present were:

The president of the largest independent steel company, The president of the largest utility company, The greatest wheat speculator, The president of the New York Stock Exchange, A member of the Presidents’ cabinet, The president of the Bank of International Settlements, The head of the world’s greatest monopoly.

Collectively, these tycoons controlled more wealth than there was in the United States Treasury, and for years newspapers and magazines had been printing their success stories and urging the youth of the nation to follow their examples. Twenty-five years later, let’s see what happened to them

The president of the largest independent steel company – Charles Schwab – lived on borrowed money the last five years of his live, and died penniless.

The greatest wheat speculator – Arthur Cutten – died abroad in poverty. The president of the New York Stock Exchange – Richard Whitney – was recently released from Sing Sing Rehab. The member of the President’s Cabinet – Albert Fall – was pardoned from prison so he could die at home.

The president of the Bank of International Settlements – Leon Fraser – committed suicide. The head of the world’s greatest monopoly – Ivar Kreuger – committed suicide.

All these men had learned how to make money, but not one of them had learned how to live.

- United Evangelical Action, 1948