Wattles' daughter, Florence A. Wattles, described her father's life in a "Letter" that was published shortly after his death in the New Thought magazine
Nautilus, edited by
Elizabeth Towne.
The Nautilus had previously carried articles by Wattles in almost every issue, and Towne was also his book publisher. Florence Wattles wrote that her father was born in the U.S. in 1860, received little formal education, and found himself excluded from the world of commerce and wealth. According to the 1880 US Federal Census, Wallace lived with his parents on a farm in
Nunda Township, McHenry County, Illinois, and worked as a farm laborer. His father is listed as a gardener and his mother as "keeping house". Wallace is listed as being born in
Illinois while his parents are listed as born in
New York. No other siblings are recorded as living with the family. According to the 1910 census, Wattles was married to Abbie Wattles (née Bryant), 47. They had three children: Florence Wattles, 22, Russell H. Wattles, 27, and Agnes Wattles, 16. It also shows that at the time Wallace's mother Mary A. Wattles was living with the family at the age of 79. Florence wrote that "he made lots of money, and had good health, except for his extreme frailty" in the last three years before his death. Wattles died on February 7, 1911, in
Ruskin, Tennessee, and his body was transported home for burial to
Elwood, Indiana. As a sign of respect, businesses closed throughout the town for two hours on the afternoon of his funeral. ==Christian Socialism==