The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-04

particular consequence, it is hard to con-
lecture what thirty-five years more will
show. VIII miiionaires swell into bill
lionaires, or will anarchy and revolution
distribute the wealth. Such an industrial
condition has never been known, in the
history of the world, and such dove
failing of human interests has never been
recorded in the annals of any kind of
civilization
The history of the exchange is the his
tory of finance. 1t has been we'll called
the pulse of the ma ton. The men who
have waged the battle on its floors have
been conspicuous in every walk of life.
Seldom has a gathering or men been
made which contained elements so diver
gent in talents. In the social, artistic
literary and club world OF this great
metropolis is found the Wall street brok-
er. Look where you will and you find
him. Divest the social club and artistic
world of the Jeromes, Travers, Cuttings,
Morgans, Duers Belmonts, Withers, Os-
goods, Howlands and others, and truly
a chasm exists. 1t is a social-e economic
organization of marvellous influence and
preponderate Importance.
One cannot think of the new Exchange
building without recalling the erection of
the Mills building, which upon it's cree
ton was called MilPs Folly. 1t did not
be filled. To-day it nestles among the
skyscrapers. This revolution was brought
about by the system of steel construction
introduced from Chicago by the George A.
Fuller Company, the original introducers
Of the prevalent and popular system of
construction. Charles r. Black, its presi-
dent, although a young man, is not only
the pioneer but the successful constr1lc-
tor of the great office buildings in the
firn1F fnl ,k-r
all others, is due the transformation OF
this section. and the operations of his
company under his skilful direction, have
made it the leading contractor in New
York. And, yet you hear from time to time
people say New York is hostile to strang-
ers. Nothing is more false. New York is
slow and conservative, but when it is as
sured that anything has merit it en-
braces it and it's projectors.
By the death of Frank d. Beard the
turf has lost a patron He died from
blood poisoning following an operation for
appendicitis. Beard was only 80 years old
but during the last few years he made
himself conspicuous as a horseman He
was noted for his handling of a four-in-
hand for his racing stable In 1895 he won
honors by winning the Suburban with
Lazarone. He was also. a noted breeder
Beard was several times millionaire
He inherited his fortune. The first of the
Boards was poor truckman. He owned a
morse and wagon, His faithful perform
ance of work entrusted to him brought
him plenty of it. He lived in BROOKLYN
when it was a small place. He bought
himself a shanty by the river front.
where he reared his family and kept his
morse. Once he secured a job to remove
earth from cellars and this earth he
threw into the river to get rid of it. He
put on more horses and removed more
earth, continuing to fill in on the river.
Time went on. One day he found himself
the possessor of a very; valuable river
frontage The earth he had thrown away
mad become real estate. lie then began
warehousing in a small way Having the
approach to the docks his warehouses
We're desired by shipping merchants.
Speedily the business grew. and dollars
became thousands and thousands millions.
AND so, with shovel and horse were
laid the basis of the Beard millions.
John Marthol