The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-03-25

His habits were as regular as clockwork,
and the fruit Of his living Is his hale oid
age.
Only once, ii is said of him. was he tempt
ed from the narrow path. That was IN less.
when he neglected his business long enough
TO serve a term in the New York Legislature;
He soon recovered from this, however, ana
has been model ever since.
MI Sloan came 10 this country Az 'n ne s sos
stated, though subsequent developments
must have convinced him that his parents
Christmas morning in 1917, in little town
seven miles from Belfast, Ireland his par
ents were Scotch Presbyterians; Young
Sloan was sent 10 the hrst regular puptilc
school established in New York city and ne
was known mo. i. Leaving there hs
was an attendant upon the grammar schooi
of Columbia College when his father died.
leaving the family dependent There Were
four boys besides himself and the struggle
to work in an office. his duties being chiefly
to WELD the broom. He worked nara IIoiIi
the start. At seventeen he was a CLERK IN
the merchant kine, of New York city. He
had reputation for business ability; non
esty and integrity Young Sloan tooA MN
At twenty-seven Sloan had saved a little
money. He became a partner IN the great
house OF Mcbride * Co. lie made money
He invested his earnings in railroad prop
critics In 1855 the Hudson RIVER haliMdy
Company. now part OF the New iotk
Central, wanted a president Sloan Was
chosen. He entered upon his railroad career
without ever having served the usuaI APP
prenticeship The choice was wen i n;1er
sity, but its president carried II through
them all. The stock was worth 81. a snare
when he became the chief executive. Wnen
the road vas sold 10 the NanderDhts III the
early COS the stock brought $40 snare;
His reputation as a Tailroader was NOR
oughy established. He was MADE commas
sioner of the trunk lines, including all OF the
leading roads of the East He manaSeo Win
ability all Of the association analrs. DnIhs
haf
ware, Lackawanna * Western. Snortly
after the return of peace he was made It's
the Green New York. Lackawanna az
Western, the Oswego * Syracuse, the syria
cuse, Binghamton & New York: the uuca,
ris & Essex Valley. the Passaic * Delaware.
the Fort Wayne & jackson. the Green Bay.
fieId' oi and the chester & warren At differ
ent times he has been president or the Rome,
or oSsns69rg ack he sss
nav, the Marquette. Houghton & Ontona-
gon and the international & Great Northern
In 1897 he celebrated his eighthieth birth
day, and officials and employees OF the Della
ware, I.ackawanna & Western presented
him with gold tea service, The cost or
which is said to have been $1,000.
Mr.. Sloan lived with the regularity OF
clockwork. He rose at o'clock in the morn
ing. He had breakfast at 49, AT 800 he had
started for his Office. At O'Clock he had
lunch. Promptly at he started for home
AT $50 he dined. At IL he was In bed. His
business affairs were attended TO with the
same methodcal care
For years he kept thoroughly abreast or
the times though he was in many ways
very peculiar: His ideas of Sunday were OF
the Scotch Presbyterian order. He would
not permit the running of trains on Sunday
IL IL could be avoided For this reason the
suburban service of the road was operated
but six days in the week. Through trains
had to be run. His financial ability Is
marked by the fact that the road has not
paid less than per cent per annum In CIV
dendS for many years.