THE COLUMBIAN, f3Loo,
ANOTHER LIFE
TO RAPACITY OF THE GANG
Csihler Clark, of Allegheny, Commits Suicide to
Escape Importunities of Treasury Looters.
Baring Involved Him Hopelessly la the Tolls of Frenzied Finance the
Gang Abandons Elm to a Dishonored Crave The Bank Has
Been Robbed by a Lot of Politicians," Was the Despairing Com
meat of Its Deceived President.
A RECORD OF HORROR AND SHAME
The failure f the Enterprise Na
tional Rank, of Allegheny City, and
t&a suicide of lta oashier, T. Lee Clarke,
to a climax In the trail of "blood and
eoodle," which has marked the control
aC the fiscal affairs of the common
wealth by the Republican machine dur
iag a third of a century.
Favored By the Gang.
The Enterprise National Bank, of
Allegheny City, has been favored by
the machine to a singular degree. As
ftur back as 1900 It held one-tenth of
the treasury surplus and that ratio has
ever twn diminished, though accord
ing to exigencies it has been increased
U Intervals. Its balance, moreover,
tea been regulated by Its necessities.
Kor example, according to the state
mat of the state treasurer a $.10,000
shack was drawn against the balance
the last day of September. It didn't
H the bank to give up that amount
that time and the cashier notified
SSate Treasurer Mathues of the fact,
whereupon he drew a check for the
mount in favor of the Enterprise
dank and mailed it at once.
The Enterprise National Bank, of
Jlagheny City, has a capital of 200,
XX and no prudent custodian of trust
.leads would put in its vaults on deposit
are than the aggregate of its capital.
Bat according to the records of the
arte treasury there was In 1892 $417,
MIQ of state money, general fund, on de
TCftJt in the Institution. In 1903 this
mm Increased to $712,000, and in 1904
$787,000. At the time of the failure
at the bank and suicide of the cashier
to state deposit, including general and
taking fund, amounted to the prodig
iam total of $1,030,000.
Business Men Curious About It.
Naturally business men are curious
e know the Influences which secured
'Or that particular bank the favor of
hw machine in such profligate propor
tooa. They can't understand how
Masinces men can be hypnotized In that
ay. But a scrutiny of the records of
ha rang speculators and Industrial
jiperations makes the matter entirely
'lear. That Is about the time that
Ball" Andrews and his associates in
& New Mexican railroad enterprise
eaan operations the first considerable
acrease in the state deposit of the En
srprise National Bank, of Allegheny
Mr. occurred. The cashier of the
aok, now in a suicide's grave, had
ndertaken to "finance" that operation
rtth the funds of the state deposited
1 his bank. As the demands for
loney increased the state deposit was
ogmented, and finally when the bank
ad been mined and exposure inevit
hle the cashier settled his troubles
nd cancelled his obligations by blow
iK his brains out, just as other vic
:ne of gang rapacity had done before
im.
Cashier Victim of Gang Rapacity.
That the Enterprise National Hank
f Allegheny City, and its unfortunate
umler are victims of the machine
draits of no doubt. When the crash
ame the unsuspecting president of the
latitution, Mr. Frederick Gwinner.
-as overwhelmed. Mr. Gwinner is an
onest, industrious German.American
hose reputation for probity and intel
gence was the mainstay of the Instl
Mon. He trusted the cashior im
Ifcsltly and the information of the dis
ter came to him like a bolt of light
lag; from a clear sky. After he had
eeorered from his astonishment he
:.iade the following statement:
The bank has been robbed by
a lot of politicians. I know noth
ing of the affairs of the bank. I
have never been paid a cent sal
ary. For three years I have de
manded of tht directors that they
aocept my resignation, but they
held to using my name.
"I was not under salary, nor will
I be held responsible for the doings
of Clarke or anyone else connected
with the bank. The only thing I
will pay is about $50,000 which
my relatives put In there at my
special request. They believed it
safe.and put it there at my solicita
tion, and they must be protected.
Further than that I will npt go.
I was euchred many years ago In
the smash of the Bank of Man
Chester, which went down on the
site of the present Enterprise
Bank, and that was enough for
me."
President Gwinner Deceived.
Subsequently Mr. Gwiuaer was In
:ervlewed and said:
"Did you know that Clarke and ex
""enator Andrews had been carrying
orurities of about $400,000 In the bank
ind the controller refused to accept
this paper?" Mr. Gwinner was asked.
"Nu, I did not know what this con
"rn, the Pennsylvania Development
Company, was. I tried to find out,
nd none of the directors could teli
me anything aliout the company. But
-he Pennsylvania Development Com
pany only had $200,000 in Becuritioe In
SACRIFICED
the bank. If there is any more paper
from this company I don't know about
it."
"What is this Pennsylvania Devel
opment Company?" Mr. Gwinner ask
ed. He was told for the first time that
the development company had been
fostered by William H. Andrews, T.
Loe Clarko, Francis J. Torrance, Ar
thur Kennedy and others.
"How much state duposit did the En
terprise Bank have?" Mr. Gwinner was
asked.
"I don't know, hut I think about
$000,000." '
"Don't you know that at the last
report, October 1, the bank had $582,
000 of current state funds, and had
previously boon given $300,000 of the
sinking fund, which does not need to
be published by the state treasurer or
your bank?"
"Yes, 1 remember that it was some
thing like that, but about two weeks
ago the state treasurer withdrew $150,
000, and yesterday the bank received
$50,000 as a deposit from the state
treasurer. I don't know the exact
amount we have at present, but it is
something such as you mention. This
would make about $782,000 the state
has deposited In the Enterprise Bank.
About a year ago the bank carried
$1,100,000 of state funds, and the bank
is only capitalized at $200,000."
Donations For Campaign.
"How djd you come to get this state
deposit?" Mr. Gwinner was asked.
"That's what I asked Clarke," he re
plied. "Clarke told me he had only to
give the Republican Campaign Com
mittee a donation each year, and this
Is how he got the money. .
"In Insisted that he had to give
something for the use of the money. I
could not believe that the state treas
urer would give us so much money un
less we gave him something In return.
But Clarke only insisted he had paid
some money to the Campaign Com
mittee. I
" 'Does the money you gave to the '
campaign show on the books?' I ask- I
ed Clarke. He said no; there was noth
ing to indicate that he had given poli
ticians any money.
" 'Then how do you account for the
money If you don't put It on the
books?' I said.
" 'Oh, you leave that to me,' Clarke
said, and he waved me off. He always
Jollied me along when I wanted to
know what was going on." ;
POLITICAL OBLIGATIONS
MYSTERIOUSLY ABSTRACTED
FROM BANK ASSETS
The Frenzied Financiers of the
"Gang" who were caught in the wreck
of the Enterprise National Bank of
Allegheny City are taking desperate
chances in an effort to destroy the
evidences of their responsibility for
that disaster. In other words, they
have stolen or had socreted the notes
which represented their obligations to
the bank for the state funds taken out
for their individual uses.
Notes which the bank should hold
for large loans to politicians and oth
ers are reported missing. Their face
value is probably several hundred
thousand dollars. The total of this
loss is one of the secrets which Re
ceiver Cunningham Is keeping to him
self. One report is that it will reach
as high as $000,000.
The most careful and repeated 1
searching among the bank papers has
failed to bring the notes to light, al
though the records of the institution
show that they should bo there.
They are believed to represent the
loans which the directors of the bro
ken concern say were made by T. Lee
Clark, the suicide cashier, without the
knowledge of the board.
Clark, before he ended, with a pistol
ball, the troubles which were heaped
upon him by the Gang, may have de
stroyed or hidden them. There is evi
dence that for some months prior to
iho crash the bank papers were badly
mixed.
Among the notes which the receiver
has found are said to bo gome old
ones, on which the time had expired,
with nothing to indicate that they had
been paid or renewed. The system by
which operations were conducted Is
line of the deepest mysteries which the
government's bank experts have ever
been called upon to solve.
The possibility Is suggested that the
politicians who got the money on
overdue and unrenewed notes, after
pocketing the spoil obtained through
Clark, left the cashier to his fate.
Then, unable to make good the loss
or explain, he killed himself.
If the missing notes are never found,
It will be an Immense relief to those
politicians who got the money on
them. The bank records are believed
to be so imperfect as not to reveal
their names.
Failure to find the notes which
Sl.UtllU UK ... . ....Mt. l.- iiiul tl (;
of the thing whl'li Is dH.iying the
report of Kecrlwr Cunningham. S
cretlve as he has born from the start
of hi Investigations, the receiver
would say neither yes nor no wliMher
It were true that notes for large sums
are missing.
CA8TLE DARES THE
GANG TO ARREST HIM
Homer L Castle, law partner of for
mer Governor William A. Stone, ot
PlttJiburg, made a speech in New Cas
tle, Pa., on Tuesday evening, October
24. It will be remembered that it was
Mr. Castle who first called attention to
the perilous condition of the Enterprise
Bank, of Allegheny City, and forged
the chain of evidence which convicted
the gang politicians of manipulating
the treasury balance and using the
stiite funds for personal purpose.
On the morning of the day of the
New Castle speech the Pittsburg Ga
lette, the gang organ of Western
Pennsylvania, owned and directed by
George W. Oliver, denounced Mr. Cas
tle vehemently. "He ought to be ar
rested," the gang organ shrieked. Re
plying to this in his New Castle speech
Mr. Castle said:
"This paper says I should be arrest
ed for these things," said Castle. "Of
course I should. I should be arrested
and dragged before the court and made
to prove the charge that I have made.
I am a lawyer and at least should
have some knowledge of law.
"I admit I should be arrested fot
making these charges, and made to
prove them. But I have not been ar
rested. I nm as free today as you are.
And why? Because they do not dare
place me on the stand. It would be to
their disadvantage.
"if I were arrested and put on trial
there would be a great many other
things, some of them worse, perhaps,
to come out. If I were arrested I
would prove everything I have said,
and more too.
"I certainly agree with the state
ments made by this Pittsburg news
paper. I should be arrested. But I
won't be. I am not worrying about
that, and I hope the newspaper is not.
Nothing would give me greater satis
faction than to have this matter come
to a court trial. But there's no such
good news.
"We have these people where we
want them now. Everything they say
helps along our cause, and everything
they do helps us. Now it is up to you.
If you want to help us out, after we
have showed you the way, just drop
In your ballot for William H. Berry.
That will help some."
PLUMMER WANTONLY
INSULTED THE BEE
KEEPERS OF THE STATE
Refused to Consider a Proplsltion to
Fight a Fatal Disease
Among Bees.
The Pennsylvania State Bee Keepers'
Association is nursing a grievance
against J. Lee Plummer for unceremo
niously turning down their committee
and a proposed measure of legislation
providing for legal means of getting
rid of destructice bee diseases in this
state.
Pennsylvania has 30,000 persons en
gnged in greater or lesser extent in the
industry of bee culture. These per
sons are scattered all over the state,
but primarily in the northern countiee.
The value of the product of the hives
of the state Is variously estimated, but
it is believed that $2,000,000 Is a con
servative statement of the aggregate.
The records of the association, less
than two years old, is of a product of
1,000,000 pounds, and only a few per
sons are enrolled in the organization,
though in the matter of the legislation
the committee represented the total
number.
For some years the bees have been
suffering from the ravages of some in
sidious disease, not only In Pennsylva
nia, but in other states in which the
industry receives attention. The nature
of the malady has not yet been dis
covered, but It is malignant and fatal.
In other states legislation was enacted
to fight the disease, and the Pennsyl
vania association was formed with the
view of inaugurating a similar defen
sive movement in this state. It had
proved helpful elsewhere, and those
concerned in the industry believed that
good results would follow here.
With this object in view, a bill was
drafted at the instance of this state
society and put into the hands of a
prominent representative in the legis
lature during the last session, and a
commltteo appointed to urge its pas
sage. The measure was referred first
to the committee on Agriculture of the
house, properly, but inasmuch as It
carried a small appropriation it was
necpssary to send It, ultimately to the
committee, of which J. Leo Plummmer
was chairman, though the agricultural
committee strongly recommended Its
passnge.
Mr. Plummer constantly refused to
give the state society's committee or
representatives a hearing, and as they
chanced to see him one day and asked
for a hearing to explain the object of
the bill he remurked with a vile oath,
"What In the h do you fellows want,
anyway? It is nothing but money,
money, money ." The members of the
committee reminded him that if ho did
not want to talk about the expenditure
of the state's money for the citizens
lie should not have accepted tho chair
manship of the Btat.e committee.
They thereupon decided that regard
less of politics they would not officially
but individually for those who chose
let their follow bee keepers and other
BgrieulturUits In this state know of tho
vile and Insolent mnnner In which
they were received by ono who now
app"a!s to them for election to a Ueb.
and important ofllce in tho etuto.
EffECI UPIB
Carnegie Says They Unfit A
Man For Commercial Work.
FAVORS PUBLIC SCHOOLS
University Education Tends to Make
a Clergyman a Religious Anarch
istThe Inconsistency of Com.
pelting Sailors to Study the
Classics.
An American who was recently a
guest of Andrew Carnegie at Sklbo
Castle sends to the New York World
from Scotland an account of his visit,
from which the following is an ex
cerpt: The subject of education came up. A
learned Dutch baron declared that
many people are over-educated.
"Yes," remarked Mr. Carnegie, "I;ord
Reay, here, who speaks five languages,
knows too much."
In reply to a question, tho philoso
pher of Sklbo launched out this way:
"One of the aberatlons of the ago
is the sacrifice of time to ancient clas
sics on the part of young men prepar
ing fur a business career. A man with
a university education is a man lost to
commerce. A young man who begins
business at 18 is very much better off
than he who spends three or four years
in a university studying old ruffians
who lived 2,0HO years ago. Studying
Eklrmlshea among savages In the clas
sics Is no preparation for a man going
into the Iron, steel or coal business.
Greek and Latin are no more use than
Choctaw, except to the few. Why
should English sailors have to learu
the language of Virgil, Horace and Cic
ero? English officers study classics.
What's the result? They have foolish
courage. Instead of saving themselves
they allow themselves to be shot and
say they are dying for their country.
I prefer an officer who would make an
intelligent run when necessary and
then come back and live for his coun
try." "Do you condemn university educa
tion for all?"
"By no means. I am speaking of the
uselessness of university education for
the young man who has to make his
way in life. The man who is born to
wealth can do as he pleases. He has
no interest for me. He rarely amounts
to anything, any way. Those prepar
ing for professional pursuits should go
to the university by all means."
"Do you make any exception?"
"Yes; clergymen. University educa
tion Injures them. It leads them to
higher criticism. They begin to pick
flaws In the Bible. They moment they
begin that they are done for; they are
no good for religion. They lead to in
tellectual and religious anarchy."
A remark by Mr. Carnegie about
looking to the masses of the people to
cure social ills led to a conversation
upon democracy.
"Are you still aB devout a believer In
the people as when you wrote 'Trium
phant Democracy,' Mr. Caruegie," I
queried.
"Yea," he replied. "Years have made
me love that teaching more and more.
If democracy does not succeed, then
there is no hope for humanity. Tho
classes have failed; now democracy is
getting a show. I have no fear for
democracy In America. When things
begin to go seriously wrong there the
people set them right with a sudden
Jerk."
"What is the greatest American in
stitution?" I asked.
"The public school house."
"What makes America so great?"
"Equality and the fact that its foun
dation was laid by a colonizing race."
"Does your republicanism diminish
by absence?"
"No. It increases. I am more re
publican than If I had been born In
America, for I realize better the mean
ing of the word republic. The great
thing is to be a citizen and not a sub
ject."
Talking of annexation, he said: "Can
ada will yet annex us; so will Mexico.
Both will nsk the privilege of coming
Into the Union. We will not force
them. The request if properly prof
fered will not be refused. We should
have taken Canada in the War of Inde
pendence. It would have been just as
easy."
From this the conversation drifted to
temperance. Turning to one of hla
guests, who had the stuff of a social
reformer in him, Mr. Carnegie said:
"I have the best temperance lecture
in Scotland. I give an increase of 10
per cent in their wages to all my men
who come to me at the end of the year
and tell mo they have been total ab
stainers. It works like a charm. They
are all temperate; all have money In
the bank. My young chauffeur might
retire tomorrow, and the interest on hla
money would bring In $000 a year."
"Do they ever pretend to be abstain
ers when they are not?" I asked.
"No. A Scotchman will not lie to
you. He knows his Biblo and his
Burns. It may he the Bible, but I
think It Is the Influence of the national
poet, who taught them that 'a man is a
man for a' that.' "
Elephants' Milk.
The milk of an average cow contains
about 4 per cent of cream; nearly 20
per cent of the elephant's milk is
cream. Even buffalo milk is awiut
twice as rich as cow's milk, and the
.creamiest of all, that of the porpoise,
actually holds over 45 por cent of
cream, tiays Knowledge.
Decline In Sheep.
Statistics show that tho flocks of the
world have declined at least 83,000,000
head since 1873, an average of more
than 3,000,000 annually. If the world
Is eating up Its sheep, is it not sensible
to conclude that the value of mutton
must hold Arm for many years to come.
TIRED OUT.
There's many a wife sits In the growing
shadows of an evening, knotting what
It Is to feel tired out; as If there was
not another onnoe of effort left In lier.
Hut If healthy the knows how sound
her slnmlMir will
be and how re
freshed the
numilng will
find her. But
It's another
thing for the
sick woman to
feel tired out.
ltcxt only seems
to Increase her
suffering. Sho
feels acutely
the aching hack
and throbbing
nerves.
Sick women,
hundreds of
thousands of
tliem, have been
made well by'
the iisMi of Dr.
Pierce's Favor
ite Prescription.
It establishes
reiruliirltv. dries
weakening drains, heals Inflammation
and ulceration and cures female weak
ness. " I am pleased to Inform yon of Hip lienent
I n iveil from tilntf lr. Pierce's Favorite
I'renrrlptloti and '(iulden Medical 1 Uncov
er)'.' " writes Mr. KllraU'tli A. Nwold. of 45
Hrant Hireet. Windsor. Kssex Co., Ontario,
Canada. "Was unite dlsnmratred when I
wrote asklntf your advice, as the physicians
here told mo I could trel no relief except Kv
an operation. SulTereri for four years from
Itrettular and profuse menstruation, had sick
and nervous headaches most of the time,
and at times could hardly walk across the
floor from weakness. I thnnk lil there Is
uch a remedy as Hr. Pierce s Kavorltn I'rv
wrlptiou for sufTerliiK women, Ilefore I had
taken the tlrst Im it 1 U the headaches hnd lift
me anil It was not loiiir liefore. modal ity was
estahllshed and still continues so. Have Ju-t
Itnlshid houst-i-h'aniim which I never ex
pected to lie ahle to do atoiln, and can truly
Bay I never felt better than at pivsi'iil. I
Kladl.v recommend ' Favorite Prescription '
to all who sutler from female weakness. It
has cured me and made me similiter in every
way. Neither my husband nor myself can
say enouk'h in lt.s praise."
The Hellish seller who urges sonip sub
Ktitute is thinking of the larger protit
he'll make and not of your best good.
RABBIT SEASON NOW OFIN
The season for hunting rabbits '
or hares opened yesterday, Novem
ber 1st, and continues during the I
month.
The game laws with their several 1
amendments have become quite
complicated and unless person. are
careful they will be led astray and
may commit a violation of the law
iu spite oi their efforts to avoid
such a contingency. It is much to
be regretted that just on the eve ol
the opening of the season there
should be so much uncertanity as
to the law on rabbits.
An article is going the rounds of
the newspapers to the effect that iu
the opinion ol the Hazleton Game
and Fish Proteclive Association
the State has issued two kinds of
game law books and that there is a
discrepancy between them, one of
the books stating that the open
season for rabbits begins on No
vember ist and expires on Decem
ber ist and the other that the sea
son opens on November 1st and ex
tends to December 15th.
Persons who pin their faith to a
"Digest ol the Game Laws" by Dr.
Joseph Kalbfus, need make no mis
take, as to the rabbit or any other
kind of game. Dr. Kalbfus'is Sec
retary ol the State Game Commis
sion and bis "Digest" should be
perfectly authoritative.
In the "Digest" in the Act of '97,
section 8, the season is given from
November ist to December 15th,
but if the reader is careful to note
the amendment indicated at the
bottom of the page he will see that
by a later law (April 22nd, 1905)
given on page 40, section 12, the
opi n season for hare or rabbit is
during the month of November
each year, as set forth in the open
ing of this article. This probably
exp'ains the apparent discrepancy
in the law that puzzles some people.
The penalty for killing a rabbit
out of season is ten dollars.
Hiram Thomas was found dead
on his porch in Mt. Pleasant town
ship at half past five o'clock on
Tuesday morniug. He had gone
out on the porch the evening before
and his son, II. W. Thomas and
family who resided with him, did
not notice that he had not gone up
to his room aud retired. When
found he bad been dead for some
time. His age was nearly 79 years.
His whole life was spent in Mt.
Pleasant township. The funeral
will take place tomorrow morning
in ihe Canhv Lutheran church.
HUMPHREYS'
Voterln.irv Snnrif1na ltlTA flians a aci
- y J - w . voaw
of Horsos, Cuttlo, Sheep, Dogs, Ilogs and
I ouitry by aottng directly on the sick pabto
without loss of time.
m ui"' niWMtlnna. Tnflamm.
Laimme... Injuria,
Si;u2;?.?"I"ROAT' u'"v. epixoouc.
?un?i W011M8, Dou. Gruba.
E. E.rOrOn. CoM, Influenza. Inflamed
' r. F. ) f 'Ol.ir, netlvarhr. Wlnd-Blown
ouiuta 1 Diarrhea. Dy.eulery. "'own.
O.O. Preventa MISCARRIAGE.
"uLiKID"BY BLADDER DISORDERS.
J. K. I BAD COMTIOV fllarlna Pnat
" lu.lUe.Uuii. Wunl'ch SImS.,;.'1'
OOo. each 1 Stal.le Caw, Teo epeclflca, Book. 8.. ST
At druggists, or lent prepaid on receipt of price.
8 lwtoPw,yorkJC'lnS " 00r" WU1Um n4 ioha
' V BOOK MAILED FREE.
THE RI8E OP GEO. W. PERKINJ
Interesting Sketch of the Career o
Enterprising Financier.
The annals of finance certainly 49
not chronicle an example parallel to
that which characterised the career o
George Walbrldgo Terklns, who, start
ing, out In life as an office boy in an la
suiance company in Chicago wlim IS
years of age, has, in less than a quar
ter of a century, rlBen to the posl (.a
of leading partner in the world rs
Downed banking house of J. l'lcrpout
Morgan & Co.
George Walbridge Perkins was bora
In Chicago on Jan. 31, 1802. There o
was educated and received his training
In business life. At the age of 15 l,
decided that ho would enter into soma
business occupation and give up his
schooling, preferring the practical Ion
sons of business life to the theoretkal
ones of the school. Accordingly, he
became an office boy in the employ of
his father, then a western agent of the
New York Ufe Insurance Co. of Ntr
York, under whose able tuition he ar.
Quired those habits of thrift, Industry
and application which have so conspic
uously marked his career; and, with aa
ambitious youth's natural desire t
record a successful career, he dmote
himself from this humble start unspar.
lngly anu untiringly to the accompli.sh
nif nt of his purpose. This was in l!w7.
Two years thereafter he was promote
to the position of assistant bookkeeper
in the Cleveland office of the New York
Life. In lSSii he was made cashier ia
the same office. Then, in ISSil, he uai
advanced to the position of solicitor for
the insurance company. In 1SSS he be
came the agency director at Denver.
Col., for the New York Life and In
spector of Its agencies In the west in
1SS!. Then, on Feb. 2!), 1S92, Mr. Per
kins, hnvlng familiarized himself so
thoroughly and mastered the details of
the business of the company, was eler
ed third vice president of the New York
Life, with headquarters at the huDi
office in New York city, where he was
placed in charge of the entire agency
force of the company and woo sknil
success, lie was afterward advanecd
to membership In the board of trustees
on May 10, 181(3, promoted to the posi
tion of second vice president on April
13, 189S, nnd on Dec. 27, 1900, was elect
ed chairman of tho company's finance
committee.
The great opportunities for Inrge fi
nancial dealings at home and abroad
which his connection with the Ncvr
York Life afforded, Mr. 1'erkins com
manded the attention of so eminent a
banker as J. l'icrpont Morgan, who
then proffered h'm an important posi
tion in his banking house, an honor
which Mr. Perkins at first derjliied, h'it
afterward, on a second invitation, ac
cepted, and In I901 ne became a part
ner in the banking firm of J. P. Mor
gan & Co., New York; Urexel, Morgan
& Co., Philadelphia, and Morgan, llar
Jes & Co., Paris; but he did not relin
quish his connection with the Ne
York Life, of which he was elected viu
president on May 13, 1903.
In bis newer capacity as partner in
the banking house of J. P. Morgan &
Co., Mr. Perkins proved himself shrewd
in judgment, enterprising in projecting
and able in execution. Ho has engin
eered some of the greatest deals of t!i
Morgan firms, and In tho few" years he
has been connected with the banUinS
house he has reached a comiuaudiKS
position In the financial world.
Mr. Perkins, among other achieve
ments for the New York Life, seenni
a new concesssion for that company
from Australia, also a new concessioa
from Switzerland and a new concession
from Prussia. In 1899 he negotiated
the first Uusslan loan ever placed i
the United States, and In 1900 he was
instrumental in placing the first Ger
man loan ever brought to tho United
States.
Mr. Perkins Is ono of the hardest
workers, although a picture of healthy
young manhood, standing almost s!x
feet tall. "Hard work anil strict atten
tion to business have," he Bays, "beta
my rule of life," and this rule has un
doubtedly achieved for him the success
he has won. Pittsburg iDspatch.
The Mysterious Ingredient.
The class in chemistry had made a
thorough analysis of sea water, and
the young man with tho bad eye uxs
making hla report to tho professor.
"In addition to the solids I have enu
merated," he said, "such as common
salt, or chloride of sodium, together
with the various sulphates, carbonates,
bromides, idodldes and borates, not to
mention lime and silica, and the gold,
silver and copper held in solution, we
find a perceptible, trace of a substance
which defies analysis. I have a theory
concerning it, however, which I beni
tate to mention, Inasmuch as it only a
hypothesis, and not capable of actual
demonstration."
"Let us have your theory," said tho
professor.
"It is this, sir," the youug man an
swered, with visible reluctance: It is
an established principle in physics thul
nothing in the nature of matter is ever
lost. It may be widely diffused anions
the element.s but It Is there. While it
may fall to respond to chemical fsis
with sufficient distinctness to enablo
tho Investigator to classify it, neverthe
less its presence must tie recognized.
Hence, I have come to the conclusion,
professor, that the mysterious sub
stance to which I have referred, and of
which we find only the faintest trace,
Is the tea that was thrown overboard
from thoso Hrltlsh ships In lloston
harbor by patriots disguised as Indians
on the evening of December 1G, 1773"
"You may take your seat, sir," stern
ly Interrupted the professor. Chicago
Tribune.
A cuoruB girl has suod a St Louis
theatrical manager for $20,000. Shi
might as well have made it 40,iM
She would have received Just as
much advertising.