Believing that ""excessive taxation and excessive government spending"" have ruined all opportunity for the youth of today, Frank Bailey tells the story of how he made his pile way back when it was possible, using his own experience as an object lesson of unlimited possibility. Granting that the old man's argument has some validity (which we question), there still seems to us small likelihood of interest in his story which is a dull one. Born in 1865 under impecunious circumstances, Frank was fed by his mother's ambitions for him, and went to Union College on a scholarship, earning his expenses during the summers. After graduation, he came to New York, then to Brooklyn, where he became head man of a title company, founded the Bond and Mortgage Company, made money in low cost housing, took part in civic affairs, and set his Alma Mater back on its financial feet. A Horatio Alger success story...which Mr. Bailey confesses to his sorrow might not happen in these sadly different times.