The Kosciusko star., 1895-06-28
Iocthing Ofthe Man Who
n..Isin Millions rs 9th
ers DO in Dollars.
opOFlT OF THE BOND
ISSUE.
IN BE Only One-FOurth OF
What 1t Was Reported.

h few llltll ~
he financial world that is now
|sId BY ], Pierpont Morgan, "the
|snsoryator Of the gold reserve.
Ehe late Mr.. Gould cut a consider
Elp fgure in the arena of Wall
[rept but his operations were
|mited He made his money in
|'e beqinning as u wrecker,and this
Lnntalion stuck to him in later
BARS Russell Sage IS a money
|nc. but he is not to be spoken Of
1 Ne same breath with banker
MORGAN. The head of the great
linking house at Broad and Wall
Ereets Is the central figure in the
kternatlonal finances today. lie
| neither wrccker nor money
knder, although in the course of
| is business millions are loaned by
| i'm indirectly. Mr.. Morgan is
|,orcanlzey. 1t is he that cuts
|way the dead wood from bank.
|upt properties and places them
pon firm financial basis again.
h this line he is an alch-mist. At
he present moment. in addition to
lis contract with the governme 1t,
|Ir. Morgan is engaged in an effort
, reorganize the properties that
|ent down in the panic of 1898.
be has already succeeded in re.
|abiliating the Southern Railroad,
| nd now he will attempt to finance
| I'D reiuvenate the Cordaye Trust,
be Northern Pacific, Erie and New
England railroads, and to settle
he war of rates between the great
nthracite coal companies. The
here presence of Il man in New
FORK, after III absence Of more
.an a month abroad has acted as
tonic on the market for securities
lis cheering report Of the popular
" of American securities in Eng
pnd and on the continent is the
lost substantial indication Of re-
hrning prosperity that has been
aOed over the "briny" in many
day. Mr.. Morgan says little,
ut there Is meaning in every word
utters. He is not in business
Prp'sstime, but his word is as
is bond, and when he makes
(atement it nav be reli d upon.
may De said in passing that the
reat fnancier is credited with the
mark that gold will be imported
Ito the United States before fall
such bulk as to remove all anXi.
y concerning possible exports.
urthcrmore. that the current re-
phs of the tremendous profits ac.
FuLg to the bond syndicate on
count of the recent issue of Gov
nment paper are greatly exagger.
led. The syndicate, it is said,
as made up to date, after all -X
enSeS, about 81 800, 900, or about
louth of the apparent profit
the bonds.
lhc syndicate has made a f...'
e''ef sum in disposing of corpo
r securities on the, market crea-
eDy the bond sale. Mr.. Morgan
W an sociate en- Friday that
Government bonds were Of
'ue to him chiefly because issu-
cP and sale checked recurrence
NE panic and enabled him the
'''s to interest foreign investors
hllrGad securities. For a man
D" has sold some s40,000,000 of
'nds IN il few weeks the banker
'a' least concerned individual
'0t financial circle. He was far
Ole lntrrcsted upon his return
'ue death of his tavorite dog b,
'N"lns than in the party of syn
cA'e m~n who called at his office
arlnant him with the local sit
''oo. Mr.. Morgan is a man of
clutd domestic tastes. He loves
nome and has made it attract.
Oh eongenial lines. He is II
sportsman, and his kennels
as weld kept as his yacth. The
aef lives well, but not -xtrava-
'ay' ~, He As fond OF quiet game
f0ker and ~ AN iDveterate smok-
during aA,e nin,er he may be
'aa ~ several knights of the week
ptlm"nlco's hohnobhing with
!. oohtlNiains who congregate
VIZ aAd 40 often as not he is one
poker party in secluded room
phllanthropist, the banker is
known. lie has built hos