The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1902-08-22
SCHWABIS MAN
Steel Magnate Has Decided TO
Retire indefinitely from
Business.
NOT ALLOWED TO SEE VISITORS
Only His Family and Physician Know
the Nature of the Finan-
cier's Illness.

Pittsburg. Pa, Aug. ia Loretto,
Pa, special says: president Charles
NJ. Schwab OF the United States Steel
corporation has accepted the advice of
his physicians and decided to retire
indefinitely from an active business
life. He will leave America to seek
some quiet nook in a foreign cline,
where not All echo of the strenuous
life he has led can reach him. This
information is authentic,
DIR. Golden never leaves the
SchWab home and the exact nature Of
his patients illness can not be learned
through him.
Not Confined to His Bed.
MT. SchWab is not confined to his
bed, but spends much of his time on
the wide veranda which affords fresh
air and a sweeping view of the noun
tain slope He is always with his wife
or his parents. The strange part OF
Mr.. SchWab'S illness is that he is al
ways within view of those who call
at his house, yet he will not allow any
person to approach him. Heretofore
the visitor to the Schwab home was
greeted with Il hearty welcome and a
vigorous handShake. Now the caller
is met at the entrance and told that
Mr.. SchWab can not be seen. Init
mates of the family receive the same
message and none has been able to
converse with President Schwab since
he came back to his home.' The cor
respondent then says:
Of
call him Charlie because of their early
ana intimate acquaintance with him,
are discussing his prospective depar-
ture.
Another Indication of Illness.
They know he is q sick man and
are relieved that he will spend possi-
bly, year in an effort to regain his
health. The presence of sisters be-
longing to the Order of Mercy in his
home day and night since Thursday
last was another Indication of illness
The nuns WSre not visitors, but it is
generally known that they are nurs-
ing the man who has so many times
befriended them and their institutions
"Ihe knowledge of the people of
Loretto is that Mr. Schwab is going
away somewhere. His destination will
be kept secret and he will do nothing
but seek health until his nerves have
been restored to their normal condi-
ton and his mind fully relieved of the
great strain resulting from so many
business cares 1t was after learning
that his health was very bad and
that he intended to devote a years
time to recuperating that passed into
the grounds leading to the palatial
home on the mountain top.
Not Receiving Visitors.
Mrs. SchWab said her husband
would not see any person and had
not been receiving visitors for sew
eral days. Mr.. Schwab sat on a
couch within hearing of our voices. A
paper was before his eyes. He exhib-
tied TO interest and made no attempt
to move. Business associates. it is
said, have metwith similar reception
during the past two days. Mr.. Schwab
has been directed by his doctors to
rid his mind of all business cares and
he is Obeying the orders strictly. In
quiry among the people of the town
who have cOnversed with the Schwabs
fully cOrrObOrated the stories that he
intends to retire from active business
life. His friends, however, deny that
If he leaves the United Steel corpora
ton it will be at the dictation of any
person other than HIMSELF