The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-06-26


The son-in-law who does not material
ize is another sad phase of this subject.
He is almost as sad as the son-ln-law who
does rnaterIalize ard the old man wishes
he hadn't i was told the other day that
Broker Giovanni Morosini had very
promising young man picked out Tor
husband for his handsome daughter |ie-
toria, when she interiered with the ar
rangements by clipping with Earnest Schiil-
ing, the family coachman. The young
man was George Gould. Mr. Moyosinl had
not. it seems, taken his daughter into his
confidence in the matter any more than
he had Mr.. Gould, so ii is not claimed that
the e!opement was intended as an ex-
preston of disapproval of her fathers
choice
Roswell p. Flowers son-in-law is a
young man named j. Il. TAYLOR. He comes
from WATERFOWL. and is still content to
live there and plod along regardless of the
attractions of city life. which he could
have for the asking. Mr.. Taylor is in
the mercantile business. and at the time
he married Miss Flower he vas employed
as a bookkeeper. This did not make any
difference either to the bride-elect or her
father. The fact that the young man was
not wealthy was no objection To tovernor
Flower. who said at the time that his SON
in-law was worthy young man. and that
the lack Of money was no detrtment
whatever Mr. Taylor is well regarded by
his friends and neighbOrs ut Watertown.
and they say of him that he would have
made his mark in the world had he never
been so fortunate as TO wed the daughter
ola plain millionaire.
Judge Barnard was conspicuous son-lu-
law during the Tweed dynasty. He
married into the Anderson to0acco
millions and assisted in dissiuating some
of this fortune. The story which has been
related of Judge Barnard in his capacity
~. h.AI
day the Judge was entertaining a friend
when one of the young Barnards. n boy
not old enough 10 realize the delicate posi-
ton in which n son-in-iaw IS sometimes
placed. came inthe room and said to his
father: Gimme So" After this demand
had been several times repeated the judge
told him to run along about his business.
The boy did So but came back in a few
minutes and repeated his demand with
this supplemental statement: Gimme
$40. Ma saws it isn't your money. any
how" Judge Barnard looked nelplessiy
into the face of his friend and inquired:
would the mines of Solomon compensate
q son-in-Iaw for that?"
Occasionally pass on Broadway the
spare. active form of Henry Il. Hyde,
president of the Equitable Life Assurance
Society. and in his own personality "a well
as by virtue of the great corporation he
has practically created, one OF the most
OF Mr. Hyde. in reply to my question ask
ing some details about ii yde's career. said
he supposed that less had been printed
about this man than any other who ever
filled so important a public function.
"H vide" said he, "has, all his life, been
worker and not talker. 1t is as true of
him now as it was thirty years ago, about
which time he conceived the idea of the
company whose name ne has so efficiently
identified with the idea of equity. And
he Is almost as active now az he was
then, although years have told heavily on
most of his contemporaries. If it be no
small achievement 10 found an empire or
to plan a city, it seems to- me fair to make
a comparison between them md such an
achievement az Hyde's. For he has
created and brought up to its highest pitch
OF usefulness, soclety-he prefers that
word to the term corporation-which,
measured alike by the standards of useful
ness, wealth, influence and extent, | am
very free to say has no peer.
"Now and then | have heard illusions
made to the enormous sums annually paid
Mr.. Hyde by the society as a salary for
his services. | consider it trihe. The
directors of the New York Life Insurance
Company resolved the other day to pay
Mr.. William II. Beers, an ex-president of
that corporation, the sum of S37, 800 an
nuallv, as pension. and to some extent
in lieu of the salary of $751; 900 which he
had annually received during his incum-
bency. When some of the policy holders
made objections to the payment of what
they called such an enormous gratuity. it
was discreetly pointed out TO them that
that gratuitv was equivalent to a contribu-
ton of about 10 cents per year from each
OF the policy holders, and that for man
who had dew ted his life to the service of
such corporation, without growing rich
in it, as most corporate officers do such a
nm tor n-aS siy ,l,,if fF,s,
~ don't believe it has ever found it's
way into type, or. at all events, not so re-
Gently but that it is of much interest in
this connection-the story of how Mr..
Hyde raised the salary issue with his
former employers. the Mutual Life Insur-
matured in his own mind his plan of start
ing the Equitable. No doubt you have
heard that there was difference Of opin-
ion between Mr.. Hyde and President
Winston. But, as hear the story on the
inside, that difference Of opinion was actu-
ally about the amount of Mr. Hyde's sal
airy. Already he had become an active. a
useful and well-known figure in the life
insurance world. 1t was just before then
that All uptown club to which he belonged
objected 70 his talking about life insur-
ance in it's clubhouse, and intimating
that life insurance solicitor. such as
Mr.. HYDE then was, should leave
when he entered the club doors HYDE
heard of ii and got out Of the club. But
he bore the facts in mind, and in his Sc
cretive way, has since kept track of the
movements and careers of some of the
very men most instrumental in censurinp
him for his early devotion to business
He would have been more than human
could he have failed to feel a sentiment
something approaching to exultation in
his after life over applications made to him
by those former club members of his for
assistance which he generously and quietly
extended. But that little incident has
been the keynote Of his own life. Insur-
anCe, insurance, insurance. has been the
topic of his waking and sleeping hours
For my part, | believe this devotion To
business is not only the way 10 get rich
but the very best known method of reach,
ing a serene and vigorous old age. with
mind and body alike unimpaired.
Did You ever hear the Dwight storvP
No? Well, | have heard Mr.. HYDE saw
that II was the course his society took in
that case which enabled it TO take the lead
in lie insurance and to hold it. Some
fifteen years ago, Colonel Walton r
Dwight, OF Binghamton, y. Y, a broad |
blonde giant, six feet two
inches in height, bluff. hearty and aiwava
up TO his eye!lds IN affairs, died with his life /
insured Tor $4,000. Instantly. what ia |
now famous as the Dwight case berar in !
the courts, and has figured more or less in /
them ever since. although | believe thar /
even the last of the recalcitrant coropanies |
finally paid.
AT that time quarter of million dol |
lars OF lie Insurance was simply ast0und- /
ing, the very existence Of. winch was of /
sufficient interest 10 attract attention from |