The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-15

Seventy-fourth street on the north.
The mansion overlooks the Hudson
river and splendid stretch of country.
The art gallery is in the northwest
wing, overlooking Seventy-fourth
street. The natatorium is located in
the basement between the wings, and
the chapel and music room are in the
rear of the main building and are sur
rounded by tower and belfry contain
ing chimes.
A lodge will be built, sunken below
the surface so as to become part of the
landscape effect In this lodge will be
located all the boilers and machinery
of the house.
The landscape effect along the Hud-
son will be especially elaborate. Gar
deners from abroad will be called upon
to plan for the magnificent lawn, one
of the finest in the United States.
There is an impressively grand stair
case. At the head of the first landing
is the entrance to the music room. A
beautiful colonnade is a feature of the
second floor.
Truly palatial are the effects
throughout the halls. The grand STAIR
case is two and one-half stories in
height The gallery and colonnade
extend around the second floor and all
the rooms open from this hallway.
A lunette of striking beauty occupies
a place below the arched ceiling over
the music room. There is we'll
equipped gymnasium; there is a Turk
ish bath system. On the second floor
are the principal bedrooms and con-
I1yhi1n fho third floor ic for
guests and the fourth for servants
There is roof garden and also look
out tower.
AS for the furnishings, the rares;
and costliest of everything that the
artisans Of the world can produce will
be purchased and placed in this mod
ern Aladdin's palace.
So much for Mr. Schwab's money and
its power. For Mr.. Schwab himself
much that is interesting and commend
atory may be said. He has distin-
e"sehed himself at every stage of his
'70r, and success has neither har-
dened his heart nor blunted his sense
of honor and justice. He is honest and
outspoken in his beliefs. According
to his point of view the trades union
of the future is the trust. He sees in
that the solution of the whole problem
Of capital and labor, and of the prob.
lem of national prosperity as well
Here is his theory, explained in his
own words:
"The larger the output the smaller
relatively is the cost of production
This: is trade axiom. 1t holds good
whether the output consists of pins CT
locomotives. 1t is much more econom-
ical proportionately to run three ma
chimes under one roof than it is tc
run one. 1t is cheaper to run a dozen
than it is to run three. and cheaper
still to run a hundred. Therefore, the
large plant has an undoubted superb
GRITTY over the small plant, and this
advantage increases almost indefinitely
as the process Of enlargement contin-
ues. The well managed combination Is
a direct gain to the state. Any one
who doubts this need only consult the
foreign newspapers. Everywhere he
will find cry of industrial alarm lev
eled, not at the individual American
manufacture. but at the American ma
ton. This is because the combination
has done for the American State what
the individual was never able to do
put it in industrial control of the
world. The capitalist and the laborer
are equal sharers in the advantages
the new scheme offers. Capital finds
itself more amply protected, and labor
finds an easier route to partnership
with capital. To the workingman the
combination offers the most feasible
scheme to industrial cooperation.
Because of his sentiments Mr..
SchWab has been called "a socialist in
disguise" He advises others to do
what he has done so brilliantly. Buy
a share of stock; little later buy an
other share; be a partner in the bust
ness that employs you
Mr.. Schwab is beloved as we'll as re-
spected by all his associates in bust
ness and social life. He is a fine TYNE
OF the new American-progress
alert, energetic; withal, he is a work
1ngman and gentleman.
And this is the man who in the sew
entities was freckle-faced country bow
OF twelve, driving a rickety old stage
from the little town of Loretto, Pa. to
the railroad station at Cresson and
back. He is now building two church.
es, one for his mother at Loretto and
one for his wife's mother at Braddock.