Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-02-04

Canton, Ohio, Jan. 29.-Lyman D.
Gage, president of the First Natloha
bank OF Chicago, emerged from the
dining room OF McKinley's house last
night and said to an Associated Press
correspondent: Mckinley offered me
the treasury portfolio and | told nm
would accept the high honor ana III
the position to the best OF my ability
Beyond this statement Mr.. Gage had
little to say. lie declined to DISCUSS
any feature of the policy OF the ihcoia-
ing administration or discuss any MAJ
ter other than the Sc relating to hlmseit'
He said that there was no ground LOT
the publication that he was gola
democrat during the campaign ana MS
only utilization with the democratic
party was in 1854 when he voted Tor
cleveland. He also said that he ana
Mckinley substantially agree on lhe
tariff question The guests at the
dinner besides Mr. Gage were Nation
al Committeeman Leland of Kansas,
Ex-Governor Cornell, Col, j. j. Nc
Cook, w. G.. Beer, all OF New YORK;
and Gen. Osborne, secretary OF the ma
tional committee. Ex-Governor Cor
nell and Col. McCook arrived IN me
afternoon for y conference with Me-
Klnley Exactly what they are here
for has not developed, but there Is some
gossip to the effect that Col. McCook
wants the attorney gcneralshlp. Me-
klnley In the evening gave a short
audience to a delegation of coIored
men They were Revs, w. b. Der
rick Of New York, James A. Handy
OF Baltimore, w, j Gaines Of Atlanta,
b. w. Arnett OF the Wilbenorce Opera
university and Bishop j. l.. Bradford,
Lyman j. Gage was born ut De ltuy-
ter, Madison county, New York, June
2S, 1886. His parents, who both were
born IN the state Of New York, were OF
English stock. In 1856 he went 10
Chicago and was engaged as n book
keeper by u lumber firm. While re
was thus engaged he was offered the
position of bookkceper of the Mer-
chants Savings, Loan and Trust com
pany, and this was the actual begin
ming Of his career as a banker. IN
the spring of 1850 he worked his way
up to the position Of assistant cashier
and later to that " cashier, which ne
held until 1868, when he left lhe
Merchants Savings, Loan and Trust
company to accept similar position
with tho First National bank with
which institution he has been ldentt"
fed until the present time, The ora
charter of the bank expired In lSS2
and upon It's reorganization he was
chosen vlce president and general man
agor About this time his financial
ability was paid II compliment by his
election to the presidency of tho Amer
lean Bankers association. On Jaa'
uary "a, 1891, he was elected president
Of the First National bank and stu
holds that position. llc was proml
nent In all the work that made the
worlds fair great success and one
of the four mon, j. j. p. O'Dcll, Wr
Dexter and j. w. Doanc, being the
others, who practically guaranteed
that Chicago would carry ont It's pledge
OF raising $l0,000,0OO for buildings ut
tho fair. Mr., Gage has been twice
married, his first wife being Mis-, Sarah
Etheridgo of Littte Falls, N. y, whom
he married In 1864 She died in lSA
and In 1887 he married Cornclia Gage
of Denver, Col lie Is member ol
the Commercial and Union League
clubs of Chicago and personally Is
very popular man. He Is democratic
In his manners, being pleasant and If
fable and easy Of approach at al
times,