The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-23
EARN BIG SALARIES.
ME-. WHO ARE BETTER PAID THAN
THE PRESIDENT.

THE PRESIDENT.
Presidents % Corporations Have the
biggest % sII-CIosc Behind Them
Gene Lawyers and Insurance
Men-Pubiishers Make Dig None.
But Artists and Authors seldom
DO - some Examples - CIcrgymen
Only Make Moderate Incomes NJ
Best.
From the Chicago Times.
There Is hardly one OF the big min Of
the country. the presidents Of railroads.
or heads or large corporations. who don't
get larger salary than the chief magis-
tratc Of the United States.
Few Of the big lawyers make less than
S50.c00 year In their practice.
Insurance pays splendid salaries and the
presidents Of the companies frequently
have enormous incomes.
Heads OF trusts and big railroad corpor-
ations rule about the same
Religion pays fairly well. while art and
literature make money IN fits and starts.
But the law Is where the big fees are
made.
John Z. Parsons is said TO have received
$4,000 FOR organizing the sugar trust. II
is also said that he makes from $4,000 to
100000 year.
Bourke Cochran has made 100000 annu-
ally for some time. Roscoe Conkllng made
$4,000 in one year and when he died he
left S5o0o00 In fees uncollected
James g. Carter IS another big money
making lawyer. and his fees amount to
at least S75.o0j year.
David Bennett HIM was not heavy
money-makins lawyer. lie rarely made
more than 5000 a year i'm his Ehmira
home. But when Hin and Bacon got into
the Fiske viii case against Cornell Uni-
versity they divided 100000.
There are large number of New York
lawyers whose fees amount to more than
$4,000 year regularly. Among these can
be named Joseph H. Choate. Benjamin i.
Tracy Frederick r. Coudert Robert c.
lngersoll Elihu Root, Artemus II. Holmes,
Horace Russell, $. II. c Dold and George
Hoo11ey
Davi Dudley Flelc made million in
thc Jaw Ds o.e ,.,u. uc .t,..lou.
w. ". Foote. who ranks as The leader
of the california har. got 3moooo out Of
the Blythe estate, and an equal sum out
of the Merritt estate, two very famous Will
cases I'm that state These rank as the
biggest fees ever paid there.
But all lawyers do not ind fees COM
Ing in such size as those mentioned. Some
of those who have offices ia New York are
very glad # they make 5000 a year out
side of their expenses.
President Henry Il. Hyde Of the Equta-
bic Insurance Company draws $4,000 a
year for running the affairs of the com
pany. Richard A. McCmdy president Of
the Mutual Insurance Company, and John
a. McCaull % the New York Life Insur-
ance Company, each draw the same
amount
william II. Beers who was president Of
the New York Life Insurance Company.
was the one who broke the record IN life Ia
surance salaries. He received $4,000 a
year ana was given O0n for "a Christmas
present. When he retired he was given a
pension of S37 500 year
y. -. Armstrong did better by keeping
out of tho ire insurance than by staying
in He was guaranteed $l0o,ol0 year II
he would stay out Of fire insurance after
he had sold his business interests
Norvin Green received $4,000 year as
president of the Western Union Telegraph
Company. while he was alive and 7. i
Eckert. who succeeded him at his death,
now draws that sum. Eckert at one time
! held "A small office and worked his way NJ
to the presidency.
Banking also pays good salaries 20 its
managers. Frederick i. Olcott, president
| Of the Central Trust Company, draws 500, %
/ 90 a year for bis services.
Richard King. who holds similar posi-
ton In the Union Trust Company, gets
( $4,000 q year. Gen. Louis Fitzgerald CT
! the Mercantile Trust Company gets $780,
900 for twelve months work.
John A. Stewart of the United States
/ Trust Company draws down $4,000. and
/ Col. w l.. Trenholm gets $4,000 from the
/ American Surety Company.
The president OF big bank averages
/ S25O0J "a year. George &. Williams, pres
/ ident Of the Chemical National Bank
4 President Potts Of the Park Bank aud
/ President Tappan OF the Gallatin Bank
! ali receive that ngurc.
Chauncey NJ. Depew gets the modest
| sum of $4,000 for running tho Vanderbilt
I roads. George X. Roberts OF the Pennsyl-
vauia railroad also gets $4,000.
In the flush days of the Reading A. A.
Mcleod did just wen. Albert Fink.
/ commissioner Of the Trunk Line Asso-
/ citation, got $4,000 a year for his services
4 IN that position.
/ Doctors are very much like lawyers A