and respect of his associates. True moral principles have been united
with unquestioned probity, business tact, and liberal, intelligent
management." He has won a large fortune, without parting with his
honesty in earning a single dollar. As his property has increased, his
generous spirit has seen larger opportunities and at once embraced them.
He has not been among those who withhold more than is meet and tend to
poverty. Property in such hands is not a grinding monopoly, but a wide
blessing. Such men can afford to be wealthy. They represent the true
socialistic spirit, which is, that private capital should be held as a
public good.

Largely through the influence of Mr. Wallace various improvements have
been made in Fitchburg, which contribute to its attractiveness. The
business of the city is in no small degree indebted to him for
facilities with which communication can be had with the world outside.
Prominent mention may be made of the beautiful Union Railway station at
Fitchburg in securing whose erection, and in planning which, Mr. Wallace
was largely instrumental.


MR. WALLACE IN POLITICS.

Mr. Wallace has had no ambitious longings for political life. And yet
his fellow citizens would not be likely to let such a man remain wholly
out of public life. So it is true to say that whatever office Mr.
Wallace has held, has sought him. He was selectman of the town during
the years 1864, 1865, and 1867. In 1873 he was representative to the
Genral Court, to which office he was elected in the fall of 1872 by
nearly every ballot cast. He was re-nominated the next year without
dissent or opposition, but declined a re-election on account of ill