The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-04


The resignation OF Mr.. Albert u. Wyman,
late Treasurer OF the Ualied States, on April
3, 1885, was not made known for nearly three
weeks, when his successor was appointed.
Mr.. Conrad n. jordan Is the choice OF the
administration for the Office. and the date OF
his assumption Of duty Mayl. on and after
that date, therefore, he will write his nams
on the new and crisp bank notes 10 be Issued
by the Treasury Department of the United
States.
The testimony OF bankers aud business
men who have given an opinion as to the APP
pointment % most favorable and unanimous
ss to Mr.. Jordan's fitness for IL. he has
manifested q superior acquaintance with
finance from an early period OF his business
career and has bsen entrusted with great re.
sponsibilities which he has discharged in q
manner most crsditable to bis capaoity, In
toprity and courage.
Mr. Jordan began business life as n clerk
In tho Hanover Bank, OF New York. lie
rose IN tho estimation OF the Directors
OF that institution through all shs
grades Of clerks until be became general
hookkoeper. Leaving the Hanover Bank
he entered bank at hishkill, where he re-
NAMED only q short time When, In 1864
the Third Nauo0al Bank, New York. was
started, be was mnde Cashier, which post
tlon he retained until four years aga. His
administration OF the bank was very suc-
rtssiul, Whfn the gold panic OF 1869
b ought the Cold Exchange Bank to ruin.
is siiaira wee f0uod u be 81 com pletely
tangled that no progress was msds In the
settlement AZ ihis 1unctute Mr. IOrdans
services were called I'm ard he was made
Auditor 90 the Receiver He ut once bsgan
a peinttaliing and careful investigation OF
the bank 3 Affairs aud quickly sira. ghtened
them out, 20 the satisfaction OF the Gold
Board and oil concerned In the matter.
In 1850 Mr. jordan beoams Treasurer OF the
New YcIk Ontario and Western Railroad, q
position which be res Rnod about year ago.
b. btequently he busted hmCelf NJ Albany
Ia endsavoring 90 secure the passage OF bill
incorporating the United States Exchange
and 1faasfer Company, the object OF which
was The establishing OF Clearing House,
with operations extending throughout the
county. This bill did not pAsa, and Mr..
jordan remained inactive until the political
campaign opened, during which he dii etlec-
tive service
The newly.appoinied Treasurer Of the
United States 10 about titty.two years old.
He has gray hair and mustache, but looks
Younger than he 10 Notwithstanding this.
HE hgufe lie compact and muscular, hiH com.
plexion ruddY, his eyes are gray, Gnd their
snap IN expressive OF tho feaFossneas aud
VkoT WHlcn are itAulnk cnarhctefiflc1 OF
| their owner 10 10 related of Mr.. Jordan that
upon m occasion when he was crossing thu
North River, New YORK young woman pas
sengtr fell into the river Quick az a fash
he Jumped after her, and being good agim-
mer, succeeded Ina saving her life. Then hs
quietly went his way to the bark, aud nevsr
told any body how II Was be appeared la wet
| clothes.
We may add 10 this account that Mr.. Jor-
dan 10 familiar with the operations OF the
| Treasury Department When Secretary Man
the freasurers Office examined with view
| TO their timpl hoation, he chose Mr.. Jordan
20 look into those methods. The result az
lie examination was the recent change In the
| form OF the debt statement and the presonia.
ton OF the aeseis aud liabilitiat. P0sslhly
other changes in detail may result from tina
appointment as Treasurer of the United
States Of a man 40 we'll equipped Tor the
Office o. Conrad n. Jordan.