From book “Law of Success”
“A PERSONAL STATEMENT BY THE
Some thirty years ago a young clergyman by the
name of Gunsaulus announced in the newspapers of
Chicago that he would preach a sermon the
following Sunday morning entitled:
“WHAT I WOULD DO IF I HAD A MILLION
The announcement caught the eye of Philip D.
Armour, the wealthy packing-house king, who
decided to hear the sermon.
In his sermon Dr. Gunsaulus pictured a great
school of technology where young men and young
women could be taught how to succeed in life by
developing the ability to THINK in practical rather
than in theoretical terms; where they would be
taught to “learn by doing.” “If I had a million
dollars,” said the young preacher, “I would start
such a school.”
After the sermon was over Mr. Armour walked
down the aisle to the pulpit, introduced himself, and
said, “Young man, I believe you could do all you
said you could, and if you will come down to my
office tomorrow morning I will give you the million
dollars you need.”
There is always plenty of capital for those who
can create practical plans for using it.
That was the beginning of the Armour Institute of
Technology, one of the very practical schools of the
country. The school was born in the “imagination”
of a young man who never would have been heard of
outside of the community in which he preached had
it not been for the “imagination,” plus the capital, of
Philip D. Armour.