New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-06-10
good many debts and can't pay them right of. But
they win all be paid In time"

CAREER OF THE WEBERS, FATHER AND SON.
About half century ago q young German
lad named Albert Weber to this country and after
several years of varying fortune established himself
down town piano manufacturer. After being burnt
he from the ashes and set store at Broome
and Crosby SITS. Of much energy and possessed
OF peculiar ability for advertising himself and
his wares. he gradually became known ms one OF the
largest manufacturers in the city, and he advanced by
rapid strides until he able to build an immense
factory at Seventh and Seveneenthst ana large
in Ffthave at Sixteenth ST. few years ago
he died. leaving widow,two daughters and son named
Albert who then within some months of his major
y For several before the fathers deatht bus
ness though large and representing much capital had
not made so extensive returns as before; so that
when the will TO be proved and was found that
he had left his widow $4,000 to each OF the
daughters and the balance OF the business TO his son.
reck0ned as one OF old Aps shrewd advertising
lodges, and posthumOus at that The creditors
were hard headed, and insisted the estate being
placed In the hands OF Ave trustees OF whom Albert k
Higgins the principal, and he subsequently took
entire charge of the affairs. Under his direction the
business placed q paying footing. The
profits, however. have been decreasing. IL
is stated on good authority that last year
the profits 100000 the year before that
s4s 900 and the year previous $4,000 The firm them
selves say that these figures ought to be S4s,000,
$50, 900 and 100000
Young Albert, however, attained mans estate and
put forward as the nominal head of the business,
the prestige attaching to the name OF Albert Weber De-
Ing considered valuable enough pay good price for
The young man has therefore, received a salary of
81, 600 year and has taken tolerably active part
In the firms affairs though every paper
OF Importance has to receive Mr.. Hlggins's
signature. But in the eyes Of the public Albert
Weber represented great firm, and falling into me
hands OF certain interested persons Mr. MeDers weaker
points taken OF and the natural
quence followed lie was Induced to back enter
paper, and theatrical schemes on which yet the
turns have been prObematical. He became welknown
figure at all first nights. and his lavish gifts
opera singer became matter for current com-
mcnt so much 80 that an anecdote IN re-
riousy circulated in professional circles The story raD
that Mr.. Weber purchased from wellknown uptown
paying for them by means OF personal note. The
eweer became Iious and set his wits to work either
TO win back the diamonds or obtain his money; Inc
latter course he gave up hopeless but one day an
intimate friend OF his who was also acquainted with
newiy-seanirsd gems Very beautiful. he assented.
" but the setting Is rather old-fashioned dont you
thnk :" 'Zat ees so,' replied the other, vii send
zem back at once and have rezet" Back they
sent to be and they have not since lett the Jewell
ers safe Give the money aud you shall have the
diamoudsr he re Piled the demands Tor their return
The Inevitable quickly arrived. Mr.. Weber's notes
az st eagerly accepted, but when it became gen
orally known that his control over the Legitimate Dusi
ness was limited inanclers grew shy and would only
consent 10 discount his personal notes at exorbita mt
rates Stories as 0dshonored checks signed by him ire
plentiful and IL became question OF time as 10
some time ago SIR. Weber borrowed $500 from W. II.
Davidson, giving two notes OF $3.50 each II Is SC ated
that these protested on Friday ana IN az u
expected the same fate would meet the other when
presented .
II has been matter OF general nooriety among the
profession thst Weber largely interested In the
mauag Of Townsend Percy Late last night
it learned that the latter made sudden and unos-
tentatous departure !Or Europe the City OF Rome
yesterday What led to this step is not fully known a.
present. but domestic and financial troub are thought
to have had much TO do with IL.