New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-16
E. G. STEDMAN HONORED.
CUP PRESENTED TO HIM ON HIS
RETIREMENT FROM THE STOCK
EXCHANGE

The esteem and affection with which Edmund
| Clarence Stedman is regarded by his fellow men,
| bers of the New-York Stock Exchange was con-
| vincingly manifested yesterday Mr. Stedman's last
| DAY as d Boarc member in the presentation to
! him of silver loving cup, a compliment which
| It is said has never before been paid member on
| his retirement. Mr. Stedman some time ago an
nounced his intention TO retire from active bust
ness life a step which would give him much more
time TO devote to literary work although he added
that he would retain his present Office at No 16
Broad-st., his personal business interests would
require his presence downtown occasionally.
week or two ago he sold his seat the Exchange
to Joseph Connat and at about that time Charles
E. Carryl, a fellow member, conceived the idea of
presenting loving cup to him. The project was
presented to as many members as could easily be
seen in the limited time, about hundred and
fifty in ALL and they all cordially approved 1t and
subscribed to the gift large and handsome silver
loving cup was purchased, and arrangements We're
made for the presentation ceremonies, to be held
yesterday afternoon.
Mr.. Carryl, who in addition to his business
Wall Street has. like Mr.. StecTan done much
literary work, having written among other things
the childreu's wonder tales, 'DaYy and the Cob
lin and THE Admirals Caravan" asked Mr.
Stedman yesterday morning TO meet him in the
bond room at O'Clock, but Mr. Stedman answered
that he couldn't he would not be a member OF
the Exchange after u 80 o'clock. A little later S.
v White called on Mr.. Stelman and told him about
the intended ceremony saying that he himself was
Mr. Stedman was hand in the bond room, where
were gathered to greet him about hundred and
twenty-five of his associates in the Board, most of
them old members Mr.. White made the presenta-
ton. saying:
feel it a great honor. Mr. Stedman. to have
been called upon to voice the love of thousand
men who are compelled to sever their business re-
lations with you to-day. I have been selected
through their Partially. perchance from our long
connection of thirty-one years as fellow eeSFS
Perchance IL is because Oh our bt @ TbaP
ever cause, the honor is mine; -, .o..,o.
Clarence, you and L have grown old together
must be permitted to speak plainly for once. l
must emphasize one fact IN justice to you ana ~, IN
terateur is unique among men. Your friends have
met you daily for months p 6 6nq yWh But at the
same time, you walked and wrought in an ethereal
and exhaustive. Away back in 1859 you wrote
'Pan in Wall Street and Israel Freyer's Bid for
Victorian Poets" and Poets of America" You
have published victorian Anthology" and "Amer-
You have edited Poe in ten volumes ana Ameri-
and written for the magazines in ceaseless labor
No other man has done the same Mh1teG a ,ns
the distant roar of the Atlantic soQthed him 6X
The author of "Thanatopss" wrote that view of
death while yet in college, and his later works out
side of his editorial field were few and far between
up statedraft Eongfeifow and Lowell are said to
have lived at ease on ancestral PatTm9ng whe
To you 1t was reserved to be at once banker and
Clarence, when we showed you and roughed
her T6n this s oGF HoB 62P ~ Pa5
Gs on the hero men Of 6 a When
the god But all through our work here we
were on TO your curves in another sphere. and
lan lent Daphne vas tossed you In our minds day
And now I am about to do an act which brings
me In touch with great eat poet wh9m We have
wrote was dedicated to you in a single stanza.
These are my lines:
In the realms Of high Olympus
youthful dreamer strayed
OF sturdy stock
From Plymouth Rock.
His boyish fancy played
There dwelt the gods in grandeur
And the heaven filled with light
While his dauniess gaze
withstood its rays
And the Immortas felt his might
There stood old zeus the father
And here stood Ares brave;
And the MUSES. nine
divine,
Their inspiration gave.
Athene's wisdom lent It's power
Aphrodites beauty shone.
And the dreamer sang.
In words rang
With sweetness all their
Then up spoke sly old Hermes
(He is the bankers god;
And he said. 'Forsooth,
My earnest youth
AS poor do pod.
Below the clouds is the merchants mart
And commerce spreads her wings
There heaps OF gold
And wealth untold.
And labor honor brings
To earth the poet-banker.
IN Wall Streets stood,
Where they shout yell
IS they buy SELL
And he wrought there could.
One day IN the bright Empyrean,
One day with gains bedight.
He bought and sold,
And he gathered gold.
With brain and Alright.
With he's poet-banker.
The banker-poet above
The pride Of the masses.
The pride OF Parrassus:
With and with Muses. in
Oh. Clarence. loved when back
with the MUSES.,
When back Olympus once more
AS you look from your height
With eyes delight
You'll yearn boys on the noor.
In a very happy speech Mr.. Stedman expressed
his pleasure at this unexpected token of esteem
in which he held by his associates. He said
he regretted that he would longer be lone of
the boys the floor" but although separated from
them there he would be bound to them by the in
visible ties of friendship The "reminiscences of his
experiences the Stock Exchange, he declared
would be the happest OF his whole life
AS soon Mr.. Stedman had finished his reply
four bottles of champagne poured into the
loving cup. Mr.. Stedman took up the cup and
pressing the edge to his lips took the first drink
The cup was next passed to Mr.. White. and then
Besides the loving cup, Mr.. Stedman yesterday re.
ceived many notes of regret his approaching
business friends called at his office to give him
farewell and their best wishes.