an education.
send him to the best schools you can that teaches History, science, citizenship, English lit, language arts, Capitalism Economics, and math.
Not the public school BS of phoney science, revised history, subjation, Bi lingual, Communism, and fuzzy math.
A Smith and wesson Model 19 4" I think would be a better option, than a 1911, he may be left handed.
When my friend had his daughter in 2004 he went out and bought her a Beretta O/U pigeon grade 20ga. His wife was mad, she sent him out for diapers. So I will differ to Dee on that one and Heather.
His wife will not let him use it and keeps it locked up at her father's house. I Poke that bear every so often with a box of Win 20 AA shells and hand them to his wife in front of him saying here put this with her gun. usually starts him into "we should get that back here and see if it works".
Other options are to combine a few suggestions of Stock and Diapers, or Diapers and hunting.
My parents own a small farm in NC where I hunt, the trees on the farm are used for Paper pulp a main part of diapers. So when he grows out of diapers and get into school the same trees that hold squirrels, dove, quail, deer, and turkey will provide income for school along with the paper, pencils and text books.
Or buy him stock in pampers.