Advice

Advice, often unwelcome, is sometimes valuable. Thus, alert newsreaders were last week glad to share the admonitions offered to widow, daughters, grandchildren, in the will of Elbert H. Gary, late U. S. Steel Corp. head:

"I earnestly request my wife and my children and descendants that they steadfastly decline to sign any bonds or obligations of any kind as surety for any other person or persons; that they refrain from anticipating their income in any respect; that they refuse to make any loans except on the basis of first-class well-known securities and that they invariably decline to invest in any untried or doubtful se- curities or property or enterprise or business.

"They should reject any representations or opinions of others if involved in any doubt. They will be approached frequently with sug- gestions for investments that are not entitled to be relied upon from a business standpoint."

Many a paragraph followed these admonitions; in them Judge Gary disposed of an estate estimated variously from 6 to 25 millions, mostly in bequests to members of his family.