Arizona republican., 1898-12-21
CALVIN STUART BRYCE
His Financial Deals Appeared 10 be
 Beyond inc Reach of Failure.

The story of the life of Calvin Stuart Erice, who died in New York last week, is much outside the beaten path. His father, the Rev W. K. Brice, was a Presbyterian minister, living over in Allen or Putnam county. Calvin Brice was born in Denmark, O., September 15, 1S45. His father was a graduate of Washington and Jefferscn college at Washington, Pa. and, appreciating the advantages of a collegiate education, did everything in his power to qualify his son for Q successful career in life. MT. Brices father was in anything but good circumstances, but made many sacrifices to send his son to college. In '61 or '62 young Brice was bundled up and sent to Miami university, Oxford.
 After a year or so at Oxford MT. Brice took the war fever and went out with six mon hs' regiment. He served in Tennessee, Georgia and the Carolinas, and at the close Of the war received a commission as lieutenant colonel
 Brice was only 19 years old then, and spent his leisure hours in the army in the study of French, in the use Of which language he has become proficient. At the close of the war he returned to Llud, W ASIG lQI d I1iIE IG ldQS uL school, and afterwards read law in the office of T. E. Cunningham. About this time he met his great crony and friend, Jim Irwin. Both were young men and desirOus of becoming lawyers; so they went to Ann Arbor, Mich, and graduated at the law school Then Price and Irwin returned to Lima and opened an office in the Ashland block.
 The firm of Irwin & Brice made much money, and before five years rolled around MT Brice found himself in fair circumstances. About this time he organized a company in Lima and built the Lima gas works, and therein displayed some of the characteristics which have since l5hat time mada him famous as a, financier. He issued bonds and raised the money in sums more than sufficient to build the works, after which he proceeded 70 sell stock.
 Much of the stock he kept for him self, and in the course Of a few moElhs after the completion Of ;he works was fortunate enough to go to New York, where he purchased for a song large blocks of the stocks and bonds of the Lima gas works that had been deposit ed in an eastern bank as collateral se- curity, the holder of the property not being aware of it's value. This feat of financial legerdemain has within the last few years become quite common, but it was 9 rarity at the time MT. Brice accomplished it.
 HOW HE GOT INTO RAILROADS.
 It was in Governor Fosters time as chief magistrate of Ohio, when Brice, then a poor lawyer, managed to get in to Fosters debt to the extent Of about $2, 900. One day Brice came to Foster and told him the law business didn't pay and asked him to appoint him to d position where he might make a Iiv- ing.
 Cant" said Foster. You're a demo- crat''
 q admit" replied Brice," that I am. slightly a democrat but if you'll give me a position I'll guarantee that mo- body will notice it.
 Cant do it." said Foster ''To ap- point a democrat would ruin me-
 But you'll never get your $2,O0O," said Bricc. You nigh, as well ask me to make a s;ar as to make that S2,000 with my law practice
 I'll tell you what I'll dO," said Eos ter. tI am all tangled up with Hook ing Valley on the New York exchange, and I want somebody to SC there and look after things. I'll send you if you'll go."
 Brice made s4O,OOO on the deal and was given S2O,0O0 Of it.
 Brice's greatest play was building the Nickel Plate," New York, Chicago & St. Louis railway. He put in every dollar he could get from any source. There came a time when to save him self from utter ruin if not from some thing worse he had to sell. He went to Vanderbilt, whose Lake Shore road the Nickel Plate paralleled. Vanderbilt laughed. He wouldn't but the Nickel Plate. He said he could afford to wait the frs mortgage foreclosure and buy il from the sheriff
 If you won't buy it. Jay Gould will. said Brice.
 Oh. no. he won't 5aid Vanderbilt, and then he laughed again at the anX- iouS BriCe.
 JAY GOULD IN A JOKE.
 Brice then went to Gould He knew that Gould didn't want the Nickel