Arizona republican., 1902-08-21
STRENUOUS BUSINESS WORLD
Discovered by Phoenix Man in New
 York.

Dr. D. ". Purman returned yesteF- day morning after a long stay in the cast. He has lately been visiting his family, wko have been spending the summer at santa Cruz. Cal. He was called here ecme time befc.e he in- tended to come by the death of MT T. K. Elvey Mr. Purman's business in the east was in connection with tho Leviathan Mining company
 The rush and activity in business there is greater than ever. but under iJ all there is 9 feeling of great unrest. One cause is the industrial disturbance which is now going on, and the fear that it will spread. Another is the power of the trusts. Though they may not yet have been employed tC the public disadvantage. it has become so evident that they are able to dominate the country. and it is in the power Of one man, J. FierpOnt Morgan, to pre- cipitate ruiuOus panic within twenty four hours. There is no present prCb- ability that he will make use oi his power for this purpose, but the fact that it exists is disturbing. There is plenty of money in the east. There is more for all purposes than there ever
  sums than ever before. It is easier to negotiate loan cf half million dol lars than it is to secure one fer one tenth of that amount. Once it is shown that the security is good the money in any amount is forthcoming.
 This shows that the people Go net believe that a panic is imminent Con fidence iI the financial situation was never stronger than it is now. So the fear of the trusts is yet only abstract. but it will not be removed until the government takes the reins in it's hands.
 One thing that struck the doctor oa this visit was the physical training r-< quired fer a successful business man. A business life of today makes it neces- sary. One must he as careful of his health and manner of living as if he were going to be a prize fighter 9th erwise Ee will rot stand the pace long Schwab, the million dollar manager or the steel trust. of powerful physique and perfect manner of living, has aI- ready broken down under the terrible lead imposed by the way business is done today. It is not enough that ore should be a genius il business or f. nance; he must be of unblemished physical condition.
 Dr. PUrman cle day visited the of- fees of Mir Morgan The most of his time was spent in the coupon room. in which thirty clerks are employed They are all young men of from twenty-one tc twenty-four except the manager. who is thirty. The clerks are all the sons of very wealthy men, who care nothing about the salary at tached tC their places; they are there to learn business. Not one man of the thirty drinks liquor in any form. and only three of them use tobacco. If it should come to the notice of the man agemont that any clerk had even once given way to temptation to take a drink of whisky or beer his dismissal would follow. however great might be the pull of his family with MT. Nor gan. Total abstinence is- part of the physical training. So are set rules re sarding bathing. eating and exercise.
 The manager alone is the only man in the depaTuront who earned his place by proof Cf his merit, but 1t is ex- pected that when they have chance the others will be able to prove theirs The manager entered the service of MT. | Morgan fifteen years ago as a massen- ger boy.