The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1893-03-14


reer, but he is reported, for the first time
in his life, to have enjoyed prohtaDle anu
extensive practice at the bar since 1852.
William c. Whitney received what he
wanted when he accepted a cabinet posi-.
He desired prestige and he gained It.
Since his retirement from Cieveland
cabinet Mr.. Whitney has been absorbed
III business pursuits, ana is reputed 10 ha I've
realized an ambition then formed OF pc
coming one of the greater capitalists OK
the country. Nh Garland, Cleveland 5
attorney general, has been content Win
Il large law practice, and Nj. i1cklhsoli'
his later postmaster general, has since
his retirement from the cabinet, made
professional engagements OF such value
that he could not afford to break them on
to re-enter Mr.. Clevelands oihcial fanny.
Mr.. Villas was sent TO the senate ana AT.
Lamar became one OF the Justices u 'iiV
supreme court. . W
XII of President Jarrison's cabinet vii
become active in private pursuit: Tor MF
Roster, bis secretary OF STATE, VIII TrI
the practice OF international law In w "HA-
ington as soon as his labors IN the bSnT1liS
sea conference are over. MI. hhlei'
the attorney general, will return 10 tlie
practice of law and with the expectation
of largely increased cilentage' NoFeliloi
Foster, the secretary OF the treasury ~
poets to go extensively lnl? pu9ii.9S ;,,,cst-
in mine development and in othef l IN,
ments in OHIO. Secretary Tracy VIII ~
sIIme law practice upon Wall street. ne"
York. and Mr.. Elkins eXpeGIS grrA'S; -
improve his investments III w esI w 7ii'l't
nrdnertes. having now the construction %
~ Wananakcr will return to his prl-
roti, b,siness in Philadelphia and Secretary
Noble to the practice of law in 81; LOUIS :
while Mr.. Knsk laushfn Iso says 'N'' IL -
oniusr again to be II tarlner -,
OGc Remarkable Development mas pech
noticed for the past twenty years III the ,tI-
dency of those who have aSSocia'tu Nl,r
the treasury department. to come - f NV"
YorI, city and engage in important hiiah
''9 Tbe tendency was first illustrate! by Mr.
Brstow He had been man OF AZ, lnll lt'l',,
in Kptnucky. was esteemed one 81 NV >, III
members OF Grants adlniiiS'ra no" ,, 'rU now.
attracted an element which gave hlh pow
nrful sllpport for the presldehtlal liolu44n
tion in the republican convention OF ioao'
He came in 1877 to New York ana was a.
sociated with these who We're GtIHii}}' w. -
1ni,rht,- financial operations upon " All street
tiis ,rlotion 10 these men was that 81 coul
sol, lie became The LEGAL advisor Tor Sow
pral of the great railway colPofd,,,uHH ',nu
he has accumulated a fortune III IiS tt ui
arit lie looks scarcely a day oluer wan
he did in 1877 and may be seen lnnchinS
any dav at the Down Town tluD; Whcte MS
diguified mcrriment is delSh! to Wi'' 49,
and he saws with impressive slnctlI! W. H.
The honniest days Of his professional ne
has been those when Lollo"ou ~
from public office. .,o,, 70 oc-
John Sherman could. had ne CHOSEN " az
cent any of the several propoSluehS ill., No.
to him, have become the 4e"u 81 " :, o,.C
fnnnrioI institution in wall StFtet. "i'cIN
hn Womb have lastly increased ms fortune
nnd bpon recognized as one OF the 800
mowers of the financial center. iae ptI>I
however, TO return to the s9ua'e. ni i;i ~
to serve that prcSidehtiaIl "inI J;rn Ijia snn
frankly admitted possessed MN, 1 5hls SuI
cassor MIR. Window was, untll fFcN1uen.
Harrison recalled MIN to me tFTaSuiA, "
familior figure IL Wall street HlS pihiis
We're farreaclns an ana ca ani1,io His briant
o1ynlo;t in refunding into 8 per cent DohuS
government obligations when had petIl Ky,
Pho hioher rates Of interest DFouShC W nm
the respect Of the great pankerS llini,3 40
whom regarded it as a personal sacIliirF
Fo, lin to return to the treasury depart
ment. -. ,o+;,,od from tho treas-
ury he found cap!t4ilstS M,t'l nnrsa es omen
W. w. tbot he became president Immediately
of 9 now banking institution. Inc treasurer
Of the United States under MT: 1Ma'ilin3.'
Mr.. Jordan was made cashier o. .liiS ; D1|nH'
and mon MIR Manniug's death It's president:
AM Nr, ~ Warnings successor as secretary OF
tho +raasury. Charles $. Tairchild, found
awaiting him upon hls refinement , RON
the cabinet the presidency OF IL sr:a' panh
me institutiou. lie receives as It's press,
Ant throe times the salary which was p;ld
L;1I' AZ SECRETARY Of the treasury. and he
hos hec0nlo one of the great conservative
inercnceS Of Wall street. Before he went
no the cabinet he had practiced law, hay
;m,r bpen attorney general OF New, forK:
CHvcrnor Foster could associate hlinSclf
1,;th New York bankers if he chose to rs
tom TO propositions which have been made
John Jay Knox. who for many years was
comntrollc,. of the currency and WAS re-
oorl1eJ ~ the best authority on the MaiIon-
a h,nkine system OF his time was tempted
70 Wall street. The presidency OF bank
Win many millions of deposits was oifcrei
40 hin, He had been serving rs c0nptro-
io, Far 81 600 a year; he became president
Of The bank at a salary OF SIX tunes as
large. and moreover. although ne loSt 'he
authority of his office. he found tnaf III
pIace of it he had the authority OF influence
and experience. VI, &c.,
Mr. Knoy's successor. Henry w. Can
non was made president of what was real
iv the successor Of the first bank establish
cd in this country under the NATIONAL baIlk-
ing system and he was also apoolhtea IL
member of the International Monetary Con-
ference. 4u g
Mr. Hepburn. the present coial'loher o.
TIE currency will probably become the asso-
ciate of Wall street financiers at an early
dav. Mr.. Gillillan. who was treasurer OF
the United States for Il number OF years
is associated with Wall street capitalists III
mining enterprises, and MIR. hyatt, who