The Langston City herald. [volume] (Langston City, O.T. [Okla.]) 1891-1902, 1897-02-06
MIR. GAGE Is THE MAN
WILL BE M'KiNLEY'S SEC
RETARV OF TREASURY.
Formal Announcement of the Appoint.
mcnt Made-sketch of MIR. Gase-
LELAND Of Kansas at Csnton-Extra
session Program Outlined by Dinglcy.

CANTON, Ohio, Jan. 2o.-At 7:3o
o'clock last evening, Lyman j. Gage,
president OF the First National bank
OF Chicago, emerged from the dining
room of the Mckinley home.
"Mr. Mckinley offered me the treas
ury portfolio I told him / would ac-
ccpt the high honor and fill the posi-
ton to the best of my ability" said he.
lie said there was no ground for the
publication that he was gold Demo
crat during the campaign, and that
his only afiiliation with the Demo-
cratic party was in 1884, when he voted
for Cleveland. lie also said that he
and Major Mckinley substantially
agree on the tariff question.
The guests at dinner besides Mr..
Gage, were National Committeeman
Leland Of Kansas, Ex-Governor Cornell
and Colonel j. J. McCook of New York,
the latter a leading attorney; w. c.
Boer of the National Security com
pany OF New York and General Os-
borne, the secretary OF the national
committee.
National Committeeman Cyrus Le-
land, of Kansas, joined Mr.. Gage on
the train West.
Lyman J. Gage was born at Deruyter,
Madison county. N. Y, June %, 1886. His
| educ alton was acquitted in the Rome. N. v,
academy. where he spent four years.
His first position In business life was as a
| clerk In the Rome postonice, and after leav-
| ing there he became a route agent on the
| Rome and Watertown railroad In 1854 he
secured a position in the oneida Central
| bank of Rome at salary of 800 per year,
and remained with the bank eighteen
months. He came to Chicago In the fan oil
| 1855 and was engaged as a bookkecper by a
| lumber firm His duties as bookkeepcr
however. comprised the driving of one OF
| the teams belonging to the arm, and loading
| and unloading lumber. He also acted for 4
| time as night watchman. While he was
thus engaged he was offered the position OF
bookkeeper of the Merchants Savings Loan
and Trust company. and this was the actual
| beginning of his career as banker.
In the sprisg of 1860 he had worked his
| way up to the position or assistant cashier
| and later to that of cashier, which he held
| until 1868, when he left the Merchants Saw
| ings, Loan and Trust company to accept a
| similar position with the First National
| bank, with which institution he has been
identified until the present time The old
| charter of the bank expired in 1882, and
upon Its reorganization he was chosen vice
| president and general manager. On Janu.
| AIRY "a 1891, he was elected president of the
| First National bank, and sslll holds that po
sition. He was prominent in all of the worl
| that made the Worlds Fair great success
| and was one of the four men, j. J. u. O'Deil
| Writ Dexter and J. w. Jones, being the
others, who practically guaranteed tina
| Chicago would carry out its pledge of rails
! ing SIC, 900, 900 for the building of the fair
Mr. Gage has been twice married. his firs
| wife being Miss Sarah Etheridge of Littl,
, Falls N Y, whom he married in 1864 Sh,
| died in 1874 and in 1887 he married Cor
| nelia Gage of Denver Col.