The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-28
GAGE GUARDIAN OF THE GOLD.
cutcAGO BANKER CALLED TO
-" c,NToN BY M'KINLEY.

ureSfd ent-ElecC EApSSteN
,1im the Secretaryship of the
,,r1-Started Life ON n Salary
s,oo Per Year and Accepted
,, t,umbIer Positions Rather
m.on Be IdIe-Senator sherman
tics GOV. Bushnell of His In
,.u 10 Resign, But Bushnell
-. Inclined to Appoint Hanna
-.,r O.. Jan. 27.-The complex polt-
rroblem surrounding the selection Oh
| ,1cKinlev's cabinet is now pelleVeu
..Ohs practically solved, and Lyman D.
~. of chicago, as Secretary OF the
r--a.rrv is regarded as the key TO the
and the almost certain choice OF
'prssilent- elect. This moral certainty
4 "' 'trsna,hened by the fact that the presi-
t ~ ths First National Bank Oh CHl-
uel. i nav on his way to Canton, IN re-
snonse to the telegIapIieu ieHu0'' -
major to visit hlm' .,. ~,
l15 for several hours to-day in secret
so1Sfsrsuee with Mr. Mckinley. IL IS the
h Voi,-srs,andine that NIr. Hanna approved
N cage as chief of the treasury de-
Il partment ... .,,,oo tba oleotior
n 1Tr Mckinney q DOWNA III pSAoSAAHA "i-N
ar+oal pressure has been eXerted on the
0~t President. especially from friends
nr4 renublican leaders in Chicago and the
.55la western states to procure the ap-
E nn,st,nent of Mr. Gage for the treasury
por.foio The work has been done in such
ouiet and dignified manner that pubic
II attsntion has not been directed to the in
Anence until recently. 1t is now belieVed
n hat MIR. Cages appointment to the treas
Al 10 M this week
II When that position is filled, the other
,ortfo.ios can be easily disposed of, ex-
Il ppon,inq that to be given to New York.
Tbat problem remains as intricate as ever,
bnt tbe impression prevails here that Gen.
Woodford has the best chance of the ap-
nointment. The President-elect does not
seem 10 have been influenced against Gen.
Woodford by the mild protest which was
entered against him yesterday from east
. em visitors.
Mr. Hanna's visit is not taken to have
. any bearing on the Ohio senatorial situ-
alton. Cabinet and Inauguration mat
ters engrossed the time of his conference
with Mai. Mckinley.
Gov Bushnell has received a letter from
Senator Sherman, stating that he will not
resign his seat in the Senate until he is
confirmed as Secretary of State.
Columbus, o.. Jan. 27.-Gov. Bushnell
admitted tonight that it was true that
Senator Sherman had written a letter to
# him in regard to his proposed resignation
from the Senate, and the filling of the
81 vacancy He said the letter was a priv
ate one, and he had regarded it as conf
Dental. He would still do so, though he
# might ultimately give it to the public
# No one but himself had seen it. He would
say however what every one would guess
gnthOu that senator tOId him that
he would probably soon resign, and that
he thought it would be best for the party
and for the state and country If Mr.
Hanna would be appointed as his sue
eessOr. 1t is generally believed that the
governor VIII not comply with Senator
shermans request, and his manner of
speaking of the advice he had received
from the senator seemed to corroborate
this view Of it.
Chicago, H., Jan. N.-Lyman ]. Gage
president of the First National Bank of
81 Chicago, received a telegram this after
noon from Maj. Mckinley asking him to
come to Canton. Mr.. Gage left on the
1lSO train tonight over the Pennsylva-
MA road and will arrive in Canton at 1870
tomorrow afternoon. Maj McKinley's
message is taken as an indication that he
VIII tender the treasury portfolio to the
Chicago banker.
Lyman J. Gage was born at De Ruyter,
Madison county, New York, June 49, 1886
Ills parents, Eli A. and Mary Judson Gage
were descended from English stock
ana were born in New York
STATE Lyman was taken to
70 Rome n. Y, when 10 years of ago and
paced IN the Rome academy, where he re-
NAMED four years. His term in that in
ututlon practically constituted his entire
scholastic education. His first business
poo"ioh IN lie was as a clerk in the Rome
posloIhce and later he became route agent
". 'he Rome and Watertown railroad. In
~ MI Gage obtained his first bank DO
I'oL, DeiuS employed i'm the Oneida Cen
val al na1k at Rome at a salary of 500 a
,1s ne remained there year and a
-al ana IN the fall of 1855 he arrived in
hlcago He took the first ioh he couId
I WIN lumber yard and planning mill
l'i 5,, ne was engaged as bookkeeper, but
.lN oller genera utility work such as
M TG'''7 ana unloading lumber and teaming
aux e&uehe business depression of 1858
.t9Ied the firm to dispense with his
i1es b,,l as bookkeeper, but rather than
sy NJ ny Joo az an, Mr. Gage worked for
& property. Oh the hrm
q bro.5 '5'e engaged in that humble. but
Mr. . r. ".nnlng capacity, the opportunity of
f oftla me came to him by the offer
chan. pSit'dn Of bookkeeper for the Mer-
E rro,, savings, Loan and Trust Company.
ae3 a.. 'i, posiuon' nearly two score years
E lv Io,a Ndse career has been upward
f bs oo oas and steady strides. unti today
& he at..iiles .he highest position which can
& C5ils.aI.l in any financial institution in
& fair 5o 80. y the inception Of the worlds
In r rcI Prise. Mr.. Gage showed his faith
cors5 financial outcome, as Wen as his
guar,,,t IN Chicago. by practically
citizens ENG with three other wealthy
# pIeIg. mat Chicago would carry oIt is
ion rbt. M raising Slo.OOoOoO for the exposl-
viii t lug guarantee had potent Influence
E and 5' .le United States Senate comn,ittee rI'Ie
tho f,,r frS iafsely instrumental in securing
mous.y W. ~ Ch'cago. Mr.. Gage was unan-
N voGIS tg9osen FIRST president of The
bis eIsv,,5lr r BOARD Of directors. but upon
be- Vas "..on 70 the presidency of the banl<
1oilpelled to retire from the place
'''A IA DOESN'T ADMIT BRIBrRy.