The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-05-21

Pendennis in Chicago Record Herald.
James j. Hill is born financiar He
mas a genius for organization He was
forty years old before he had anything
TO 90 with railroads, and ne knows all
that IS profitable to him about them now,
Having reached "a degree of prominence
|, ADMITTED to every millionaire more OF
less. he Is anxious to retain the respect
ana good will of his fellow men by an
assurance that he is a legitimate finan-
cler, not Spectator, not a street man
not meteoric huckster in pieces of pa
per representing railroad interests.
1t is a difficult matter for all rich men
TO. receive due credit for virtues of char
acter. The reasons are obvious. when
one considers that envy and malice and
hatred are unanimous against vast busi
ness interests.
Every dollar that Mr. Hill owns TODAY
he mas earned in spite of circumstances
not because of them. That is why it
seems difficult to forgive him for being a
InllIona1re that Is why his financial
purposes have been tossed about in Wall
street recently, irrespective of their true
conditions, blown hither and thither in
the speculative cyclone that has excited
the world
HIS BUSINESS MOTIVES.
DOUBTLESS his business motives do not
lead MIN astray from personal interests
any more than the amazing chances
men took In the stock market a few DAYS
ago We're for the Benefit Of the commun-
ny. lie may have unloaded Northern
racine as long as there was a purchaser
mere are some who say that he was
squeezed himself. The actual details Of
his operations on that menorabI Map
thursday are known only to himself bl,t
the Iact that most pre-eminentIy impress-
GU user upon me in the man was this.
ne not only objected to and repeatedly
contradlcted all rumors declaring him r.
De one OF the big factors in q. gigantic
struggle for controlling interests. but he
was clearly and faithfully opposed to the
very methods of which he was accused
1nere Is buoyance in a successful
BUSINESS operation that no man sharing
that success can hide, and Mr. Hill was
not buoyant; ne was calm. desperately
quiet occasionally bitter entirely dis
susted With the display Of gambling nos
s1bilities in Wall street
Inc actual source Of this state of no4nf
can only be surmised, and no doubt in
accurately so. Cause and effect In human
anairs are a puzzle, and always win he
one OF the general forces in business If,
IS the ability to weigh and assay tn,
other man, to measure his scope. to sen
atate the metal from the dross, to run
MN hard and beat him If you can.
Mr. Hill cl1ngs. however, to notion o.
Irst principles in everything; he stand,
firm on the foundation of ali leeitirna+,
transactions in business which consist,
| OF buying what you own and ownins
what you buy.
1his is not a rule on Wall street.
HIS MODEST OFFICE
I saw him on the morning fo1louir.
the great day. 1t was early; the effec
OF thursdays stock miracle was not GER
tain. Seated in his private office. q pIafr
room. very modestly furnished. it wa:
dlIIlcult to conceive that this quiet man
speaking in soft voice, taking time t.
denperate carefully as he talked coulf
| De one OF the commanders in the eyrea-
money battle that had been fought ONLY
| block away. There were no evidence,
| OF his alleged Importance in the speeu
| lat1ve fray. His desk was a miniature
affair for man reputed to be conduct
ing gigantic Wall street deal. In fact
| wan street seemed a remote feature Of
MT. Hills immediate affairs; no ticker
sounded it's nervous clicks of alarm
there was no private telephone at hi,
elbow; only few scattered letters, a boz
OF luxurious cigars, an old hat and al
1 IN.
| A few pictures of locomotives on tn.
wall indicated that it was a railroad of
| flee, and the quiet assurance of the mar
himself implied the personality of al
officer of the road
I am always at my Office early
in the morning" he said to me previously
wnen proposed an interview
But you are so busy; you must bt
rushed to death" I said, urging him t
| name q specified hour when he could see
me.
mot at all. I'm not busy. That is ar
erroneous idea. I'm not working any
harder than usual"
This Wall street business-doesn't 4
keep you on the Jump" I said
Eve nothing to do with Wall street
I'm not speculator. I'm an investor
I've nothing to do with the street end o.
any stock L own. Come in any time; yol
won't find any excitement in my office,
and. punching his umbrella under his
arm, ne started for the METROPOLITAN
club at a swinging gait
A PHYSICAL GIANT.
He is man OF great physical power
is James ]. Hill. His shoulders are broad
and strong, he moves heavily, but with
| unusual rapidity; his speed is like the
elephants, unrecognizable unless you at
tempt to walk beside him, when you
make the discovery Of his tremendous
impetus. He has a habit of throwing III
his head, suggesting inquiry first and de-
faint Strength most of ALL
What is going to be the result of this
Wall street boom?" I asked.
81 trust 1T may lead to law
passed by congress restricting the
license of Wall street operate Ms u
said Mr. Hill, quietly, as he lit a cigar
and sat down by the window, where he
looked dreamily off into the clouds, as il
Wall street were a hideous nightmare
that he had just awakened from.
rs that possible2'-
'It will be difficult to control such
conditions as we have just witnessed I'M
less some such action Is taken
What form should it assume?"
at is a complicated matter. The eff
feet upon the people of the recent
operations In Wall street is a no.