The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-22
So the ObIiging Jehu Drove
Over Everything in the
Way.
SPENT AN HOUR IN PRISON
But the Injured Failed to Appear and
Complain and the Bond-Seiler
Escaped.


financial world to-day after an absence OF
several weeks in Europe was marked by
an exciting episode, the banker having
been chased at d lively pace all the way
downtown from Twelfth street and Fourth
avenue to Prince street and Bowery, by the
police. after the cab in which he was
driving had run into two men, who tum-
bled another to the ground.
Mr.. Morgan started from home early
and hired a cab from Nathan's livery
stable. at 4 East Twenty-fifth street, and
told the driver, jeremiah O'Donnell of 365
Eighth avenue, to drive him down to his
Office. at the corner of Wall and Broad
streets, in a hurry. O'Donnell followed
out his instructions TO the letter and
started down Fourth avenue at lively
clip. Between Twelfth and Thirteenth
streets two trainers were carrying large
piece of timber across the street.
O'Donnell was under orders to hasten,
and little thing like piece of timber
could not stop him. He drove into the
men, causing the timber to swing around
and knock down pedestrian, James
Labon of 672 Van Courtlandt avenue, who
was passing. Mr. Morgan's cab shot by
and turned down Twelfth street to Third
avenue leaving Labon lying on the side
walk unconscious. Several persons who
saw the collision followed the cab calling
upon the driver to stop, but he whipped
the horse up and went all the faster.
In the door of Kearny & Van Tassers
auction rooms, on Twelfth street, stood
Policeman Adams of the Fifth-street sta
ton. He heard the cries and started in
pursuit of the cab, also calling on O'Don-
nell to stop. The driver did not reply as
he knew Mr., Morgan was in hurry, and
turned down Third avenue at gallop.
The crowd chasing the cab now grew and
the race became interesting. The cab few
along and finally struck the Bowery with
Policeman Adams still in pursuit, but
badly winded. AT Houston street Adams
dropped into an express-wagon and told
the driver to catch the cab. Policeman
White also joined in the pursuit, and at
Prince street and the Bowery Mr.. Nor
gans cab, with 0Donnell still at the whip,
was overtaken and the horses head
grabbed.
Mr.. Morgan and his driver were arrested
and taken to the Fifth-street station. Mr..
Morgan looked angry but took matters
coolly. He was detained for nearly an hour
while the police went in search of the man
who had been knocked down. In the
meantime Mr. Morgan said nothing except
that he knew nothing of the occurrence.
The driver pleaded not guilty. They did
not find the man and as there was nobody
TO make a complaint Mr.. Morgan and his
faithful Jehu were allowed to proceed to
Wall street, which they did with alacrity
but with far less speed than before their
experience at the station-house.
Mr.. Morgan arrived at his Office at IL
O'Clock, an hour later, and as he entered
his face wore an amused expression which
might be taken as an indication that he
rather enjoyed his race down the Bowery.
He declined to discuss the incident, how
ever. Mr.. Morgan's arrival was expected
and q number of persons. among them
August Belmont and Alexander E. Orr,
called to see him.
Mr.. Morgan arrived last night on the
White Star steamship Germanic, but could
not consent to speak of his soiourn abroad
or upon financial matters until this after
noon, when he issued the following state
ment:
''Mr. Morgan says the feeling abroad is
very strongly in favor of American securi-
lACSs 14SN 1SSOEl4Le bLt IdCb lIdL. the
Government is pledged TO maintain the
gold standard, and are consequently dis
posed to buy American securities, es-
pecially those OF very choice character,
for which the market is almost unlimited.
The issues which have recently been sold
are still selling at large premiums, and
other negotiations are pending. He did
not have time to look into the situation
here, but is satisfied that reorganization
of the Northern Pacific and Erie will be
undertaken without ma terial delay"
This statement, brief and to the point.
was eagerly read in Wall street. as for
months Mr.. Morgan's transactions abroad
have been of the keenest interest to OPERA
tors, spectators and buyers of securities.
1t has been known that he has done much
to strengthen the tone of American sure
ties, particularly in England, and that he
has accomplished several i'm portant under
takings, in addition 10 the completing of
details in connection with the sale abroad
of one-half OF the recent $65, 600, 600 issue of
per cent thirty-year Government bonds.
1t was. this contract Mr. Morgan. in
connection with August Belmont. made
with the Government to sell $500 600
ounces OF gold for $65, 600, 900 in bonds that
made Mr.. Morgan SO famous in the
financial world. He had previously en-
joyed great reputation as reorganizer
of large corporations and as financier
but the bond contract placed him at the
head of the financiers of this country.
Many wel-known financiers declare that
the sale of many OF these bonds abroad
was the direct cause of the return of con-
fidence and the revival of prosperity and
business.
Mr.. Morgan plunged into business
Immediately on his arrival at his Office
and saw many men who. are identified
with various railroads and other enter
prises during the day.
FIRED By LIGHTNING.