The morning call., 1893-05-28

tions in America. bank which has ramifca-
tions over the entire world. Mr.. Mcdonald
while tile manager OF the Pacific Bank Is also
tnp founder of The Peonles Home Savings Bank
and one OF its directors, an institution that has
done much for the anne 10 alton OF The working
classes by the methods devised by Mr. Nc
Donald to make extremely small deposits pos
sibie, ard which under his man cement has
become one of the great powers in lie financial
world OF the Pacific Slope, and known as
strong ana lmpregnable Institution. part Of
the great conservative element which conSti-
tutes the credit of the West
Such an institution and the marked success
and increase OF business OF the Pacific Bank
under his managem ent might well be lasting
monuments Tor Older man, but Mr.. Nc
Donald has not rested. His artistic, literary
and philanthropic tastes have led him into other
heids where his individuality has been equally
strongly m Tked.
The announcement that William Waldorf
AstOr, the New York millionaire. has started
an illustrated magazine IN London, TO compete
in artistic and literary excellence with thr Cen
tury, Harper's and ober great magazines of
the country. has attracted widespread inter
est throughout the world, and 1t is especially
Interesting and a significant sign OF the times
that wealthy men OF literary tastes in all lands
afe willing TO devote their time and energies 10
the cause OF education and he cultivation of
TASTE among III masses. What Astor is doing
in England. Richard n. Mcdonald Jr., VICE
president of the Pacific Ban, has done for
Western North Am rica in he Organization of
the Californian Publishing Company, which
issues The famous Californian Illustrated
MhEdZlilP. MI. MCD0uaiQ Is QeSI known as a
banker and this is the field of his choice. but
bis scholarly tastes and trenchant pen have
long been recognized.
A desire to spread broadcast over the world
the beauties and attrac ions of California and
the Pacific Slope and 0 aid In The DEVELOPMENT
of artistic and literary tastes of the people of
the Wesf, acIuated Mr.. Mcdonald in esl ablfsl-
ing great gaZine in the West, which like
everything he has organized from banks 10
philanthropic societies has proved a brilliant
success.
The ract that MIR. Mcdonald Is president of
the Californian Publishing Company and vice
president of tile Pacific Bank. calls to mind The
great London banker. Sir Jonn Lubbock. who,
while known as banker is equally well
Known as man of letters. who considers il a
high euty 10 give the world the benefit OF his
fund OF Information on the great living uues-
tions of the day. Mr.. Mcdonald has not been
simply he president of the Californian Publish
ing Company; he has, ike Roswell Smith of th~
Century, been the man at the helm whose keen
perceptive faculties have given the publication
at the end of the third volume a large circuIa-
ton ana rating with the Century, CosmOpoi-
tan, Scribners' and other great magazines OF the
day.
Besides this be has been constant contribu.
upr TO he magazine, his papers on the leading
isSues of the day attracting widespread aten-
tion from the press OF The country. Especially
Interesting was his discussion in the Californian
with United States Senator Stephen NJ. While.
Both men are popular native sons OF tie same
age, representing the second generation of
pioneers, and tile papers of boih Air. Mcdonald
FOR The tariff and Republicans and Mr.. White
Ior the democracy were spoken OF as among
the strongest papers on tnis great question
ever written. These are embodied in Nj. Me-
Donald's book, Nicaragua Canal and Other
Essays" just published. The Santa Barbara
Independent says: "Mr. McDOi aid has the
ability Iomake even dry subject Interesting
reading, ard in that respec lie suTpasses the
many writers on political economy. All his
essays are so masteIfuily handled that they
app ar decidedly new 10 an attentive reader :"
Mr.. Mcdonald is special advocate OF The
Nicaragua canal, and what he says on This
question is of special value, and his opinions
have been widely quoted. Mr.. Mcdonald is
interested in science, being an active promoter
OF the Geographical Society of California and a
member OF several other socieles for the ad-
yaDcement OF science
Mir. McDonald is promoter and active figure
In MANY Of the great philaDthropic movements
OF the day. and being great lover OF children,
feeling the importance OF making their way
clear, he Is especially Interested in the work
relating 10 them. In social circles MIR. Nc
Donald Is an appreciated personality. He Is a
member of the Cosmos and Olympic clubs, a
man at once genial, whole-souled. impresslng
his friends and those who know him, that be-
meath Ibis quiet and digDlfied demeanor there
Is Intellectual force and power, that did occa-
sion lequre would rise TO meet the greatest de-
mands upon him. In BRIEF Richard I'll. Nc
Donaid Jr. Is type OF the Californian of