Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-10-19
HENRY D. LLOYD
IN SALT LAKE.
Eminent Thinker and Writer to
Lecture Here Tonight
THEME. NEWEST ENGLAND"
Author of"Wealsh Against Common.
wealth." and Other Noted works on
Tae Present Industrial system.

bic work, Wealth Against CommOh-
wealth." need to read no eulogy TO
know where this advanced thinker
ranks in his special field Of research.
And the city is much more fortunate
In having the opportunity to hear him
give one of his famous lectures New
est England wherein the excellencies
in the government Of New Zealand are
graphically told. Through the instru.
mentality of the University associa.
ton which is headed by Bishop Fallows
OF Chicago, Mr. Lloyd, together With
other eminent writer's and thinkers are
touring the country delivering lectures
wherever an Economic League" has
been established. As one has been r..
Gently organized in this city ali the
lecturers VIII speak here, including Dl
iuehard I, Ely, of the state university
OF Minnesota, Prof, Frank Parsons of
the Boston university, and Prof. G. w.
Bemls, financial and municipal expert
for Mayor Tom johnson, of Cleveland
Ohio. MIR. Lloyd delivers his lecture
70 the public tonight at the Ladies' Lit
erary club, he is a graduate of Col.
umbla university and Tor several years
was an editorial writer on the Chicago
Tribune.
Mr.. Lloyd visited salt Lake IA 1888,
as one OF the famous international pic
ME party which was brought across the
continent by Prest. Henry Willard, OF
the Northern Pacific 70 witness the
spectacular ceremonies incident TO tn,
orlVing Of the gold spike IN the last
ran OF that road. The story OF this
interesting event In the railroad his
Tory OF the country IL best given IN Mr..
Lloyd's own happy way as told TO re-
porter Of the Seattle Daily Times az
follows:
1T has been many years since the
event and | have not attempted TO re-
cal the Incidents surrounding ID for
long time, so / Will naturally expert.
ence some difficulty in recalling names
and cer'9in other details. But the
general events of the occasion are as
vivid In my memory as though IL had
happened but q short time ago To
understand fully the significance Of the
ceremony and the events accompany
ing ii, II VIII be necessary TO say a
few words Of the wonderfully magnetic
end impressive personality OF Henry
Willard, then president of the North
ern Pacific, who at the time of the driv-
Ing OF the golden spike was at the very
pinnacle OF his success as a railroad
and empire builder and flnancier Mfr.
Willard was a most wonderful man in
many ways So magnetic was he In
person that 1t is even said that many
men Of wealth would not allow them.
selves to oe left alone with him for fear
that he might by the power OF his viii
and magnetic personality. be able TO
induce them to consent to financial un-
dertakngs and advance money in en-
terprises Of which their judgment did
not approve.
'One OF the most startling displays
or TINS remarkable power over men OF
wealth was that OF the formation of the
blind pool. through the agency OF
which ne purchased the Northern Pa
ciiic railroad. That event is now his
toric, but TO recall It ! will merely out
lire the deal. Willard one day called
into his Office q number OF the largest
and wealthest Wall street spectators
and asked them TO advance him eight
million dollars on his personal receipt
for investment In an enterprise which
he promised them would be Immensely
profitable to them all. He told them
that II he told them what he wanted
10 do with the money it would get out
IN some way and the opportunity would
be lost Therefore he asked their full
est confidence. And SO impressed were
the men In the party with his earnest
ness and confidence In his undertaking
that before they left the room there
was subscribed to the fund asked for
more than sl6,000000, or double the
amount asked for, For this money Mr..
Willard gave his personal receipt, and
SO great was the popular confidence In
MIN as a finanoier that within q few
days and before he disclosed to the men
advancing the money the purpose for
which II was intended the receipts
which he gave for the money were SELL
Ing above par.
BEGINNING OF THE END.
This was the money with which
Mr.. Willard financed the purchase OF
the Northern Pacific. That was the
beginning OF his international proml-
hence. From that time until the time
OF the driving OF the golden spike his
star continued in the ascendant. Money
came to him for the asking and upon
his personal word the milionaires OF
Europe poured their money into the
Northern Pacice enterprise
This then is the character OF
the man who In the summer
OF 1854 or the year following
the completion Of the railroad
across the continent TO It's then termi.
nus at Portland, Ore, invited scores Of
notables from all parts Of the globe and
brought them Yves. IN magnihcently-
equipped trains and IN royal style TO
witness the driving Of the golden spike
which signified the linking together OF
the Atlantic and Pacific oceans. The
ceremony was unique In history. be-
lieve that a golden spike was driven up
on the completion Of the Union Pacific.
but that was a mere side show by he
tlle OF the elaborate ceremony arrang-
ed by Henry Willard. ON that occasion
.tnele were present a sguest5 q number
Of English and German nODlomcn. a
humber OF leading European fnanciers
and statesmen and other national char.
GCters and a number OF the most prom.
linen; men In America, including Gen.
tral Grant, who had with him Mrs
Grant. William NJ Eyaris. then In the
height OF his greatness. was a member
OF The party, AMI a 50 O noted English
bhrrister, whose name I - not az pres
tnt recall. Both were very brilliant a. d
they spent a good portion Of their gliue
w the exchange ~ witt!cisms In CONVEX
r.tion greatly 10 the entertainment Il
the company. II was on the trip West
thai these two men exchanged that now
famous colloquy concerning the Prov
tss Of George Washington One 81 tie
American guests introduced the subject
b. telling them Of Washington throw
hig a silver dOlla' across the Delaware
river whereupon Mr.. Evarts re-
lponded:
THAT Is not at all remarkable
tcaL'
'whyT asked a member Of the COM
pany.
Because explained Ar. Evarts. a
Solar would 10 so much fartncf IN
Hose days than II viii now,
but lhere was one feat OF Washing