Evening star., 1901-03-12
]. Pierpont Morgan to Retire From
Active Business
TO TAKE LONG YACHTING TRIP
Head Waiter in Hotel a Lucky
SpecuIator.
GIRLS WITH SHABBY BOOTS
Special Correspondence of The Evening Star.


gan intends to retire from active business
in the not far distant future, following the
! example of Andrew Carnegie and some
| other men who have achieved success in
| the industrial and financial world Ac-
! cording to all accounts the billion dollar
| steel combine is the last great thing that
| Mr.. Morgan expects to undertake. He will
| eventually turn the control of his vast in
| tereSts over to some of the younger men
| associated with him. OF course, he will
keep guiding hand on the helm, but it is
| not his intention in years to come to worry
| over details. And to avoid this worry 1t
| is said he has absolutely refused to under
| take the management of any great new
| enterprises.
All this came out at a dinner on a re-
| cent social occasion. One of Mr.. Morgan s
| friends remarked that he supposed that the
| next thing that the great fnancier would
| undertake would be the consolidation of
| the great railway systems of the country.
| Such consolidation now seems inevitable,
| and it was suggested that Mr. Morgan was
| the ideal man to bring it about.
| No. replied the great banker: Il am
getting too old. l am through with con-
| solidations and combinations. 1t will re-
| quire two years for me to get the steel in
! dustrieS of the country running in a way
! that will satisfy me. BY that time it will
| be time to quit. When l am through with
| this steel deal l am through with my ac-
tive business career This steel combination
is as big a thing as 1 want to undertake
Other things like the combination of the
railroad interests of the country, may be
possible, but it will require younger and
more enthusiastic men to carry through
consultations of that nature. 1t will be
enough for me to know that I have par
ticipated in the biggest thing of the kind
undertaken up to the time that l was in
the harness.
To Take Long Sea Trip.
In line with this conversation it is in
teresting to know that Mr.. Morgan will
sail q long yachting expedition just as
soon as he has succeeded in getting the de
tails of the steel deal in a position where
he is satisfied with the outlook. 1t is ex-
pected that he will leave for this cruise
in European waters, which will last for
number of months, about the last of
March.
The man who has charge of the dining
room of the Holland House has cleaned
up s150,000 in Wall street and is in a fair
way to becoming millionaire. He is diff
fdent about having the news of his good
fortune made public and modestly asserts
that it is another Adam Brunner who got
stock tips from the late Coils 2. Hunting
ton and from Charles NJ. Schwab. presi-
dent of the billion-dollar steel combination,
but Wall street men smile when they
hear of his mild disclaimer. The story
about the head walters operations became
current in financial circles few days ago,
when Mr. Schwab made inquiries to ascer-
tain who was buying certain stock in
| which he has an interest. The buying had
been persistent and from an unexpected
source. Mr.. Schwab was informed that the
buying was for account of Mr.. Brunner.
''Brunner-Brunner?" said Mr. SchWab
"Who the deuce is Brunner?'
Further inquiry revealed the fact that
Brunner was the head waiter of the Ho1-
land House. Mr.. Schwab was at first as
fnr,iS ShnI ar,1t hon sod Il Nd
he had, after a particularly satisfactory
dinner. advised the head waiter to buy the
stock in question, but he had no idea he
dealt in big blocks of securities.
Lost Il Friend in c. p. Huntington.
The death of Mr.. Huntington was a sad
blow to Brunner, but fortune hadn't ex-
hausted her smiles and when Mr.. Schwab
came to know Adam, the head waiter
found good substitute for his former
friend. Brunner has the faculty of get
ting into the good graces of prominent
men, and is said to have the good will of
more Wall street operators than any other
hotel employe in the city
The friends of Edward II. Ten Eyck are
preparing to defend him when he is called
up by the National Association of Amateur
OarSmen March 16 to answer certain
questions. The young Worcester expert
will be asked to tell why he didn't go to
Paris after winning the Paris special in
the national regatta on the Harlem last
year. The only charge his friends believe
has been made is that the sculler refused
to so to Paris without his partner, Lewis,
and in this his club, the Wachusett Boat
Club, assumes all responsibility.
1t was understood among rowing men
that after the Scullers and crews had quail
flied for the Paris regatta, Secretary Fort
meyer would have full power to make such
selections from crews as he thought ad
visable and local oarsmen who picked the
Worcester four for winners conceded that
only two of those men would be sent across
Ten Eyck and Lewis were the ones picked
by the knowing ones, but owing to their
defeat by the Vespers the whole slate was
shattered.
Importation of Diamonds.
Surprising figures regarding the impor-
tation of diamonds have been given out
by George w. Mindil, who has charge of
the men who examine precious stones in
| the office of the appraiser. His report for
February showed an enormous increase in
imports. Last month cut stones valued at
81, III ,313.6O and rough stones valued at
$G04, ,160.14 were imported. AS the demand
for diamonds reflects unerringly the gen
eral financial condition, several importers
and wholesalers have been asked to ex-
plain the fact that while the price of dia-
monds had been raised ten days ago after
an advance last fall the demand was in
creasing to surprising extent. None of
the men cared to be quoted, as the sub
ject of diamonds is not to be handled as
| easily as that of other goods that are
! classed as necessities. But all unhesi-
tatingly said they We're preparing for the
most prosperous year of their existence.
Swell Girls With Shabby Boots.
1t is amazing to see how many women In
the long procession from church upon 9th
| avenue these bright Sundays are smartly
dressed until it comes to the boots The
array of shabby footgear the more clearly
revealed because of the held-up long dress
skirts, is something to wonder over. The
offenders are mostly tailor-made girls who
are severely garbed in simplest cloth, of
perfect cut and finish and irreproachab
as to gloves. furs, coiffure and all other
essential details. In boots alone are they
vulnerable. One pair after another are
seen to be run down at the heel, shabby
and sadly in need Of backing.
Skeleton of q MastodOn.
A mastodon skeleton which was recently
acquired by the Brooklyn Institute Mu-
scum has Just been shown to the public.
The mounting and restoring of the skele-
| ton have been completed. 1t was found