The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-08-19
ScHWAB FORCED
TO CEASE WORK
gssIth of the Steel Magnate Is
Seriously Impaired.
WILL SEEK FOREIGN CLINE
Intensive CHANGES IN STEEL
CORPORATION WILL FOLLOW.

-TTTsBURG, PA, Aug ia spe-
cIsI to the Pittsburg Dispatch
! from Loretto, Pa. saws:
p~esident Charles NJ. Schwab of the
,.-l+a5 States Steel corporation has ac-
s.rtsd the advice Of his physician and
sssied TO retire indefinitely from ac-
-, business life. He will leave Amer
=, N seek some quiet nook in a for
,sgr CLINE where not an echo of the
-,-sruous life he has led can reach him.
-tk information is authentic.
M Golden never leaves the Schwab
- and the exact nature of his pa
ss,r's condition cannot be learned
.t-ouqh him. Mr. Schwab is not con-
s-sd 10 his bed. but spends much of his
- OH the wide veranda which at
s,~as fresh air and a sweeping view Of
.ba mountain slope. He is always with
rs wife or his parents
ne strange part of Mr.. Schwab's ILL
KS is that ne is always within view
ii those who call at his home. yet he
I'm not allow any person to approach
ain Heretofore the visitor TO the
s.rvab home was greeted with a
ssarty welcome and a vigorous hand
staks. Row the visitors are met at
no entrance and are told that Mr..
s,bwab cannot be seen. Intimates Of
,ss family receive the same infOrma-
ti1a. and no one has been able to con-
verse with President Schwab since he
came back To his home.
A Very Sick Man.
The people of this town. who still
call him Charlie" because OF their
ss-v and intimate acquaintance with
him. are discussing his prospective de-
rarture. They know he is "A sick man.
and are relieved that he will spend
possibly a year in an effort to regain
bis health.
The presence Of sisters belonging to
he Order Of Mercy in his home day
and night since Thursday was another
Indication of illness. The nuns were
not yelled. hut it is generally known
that they are nursing the man who has
So many times befriended them and
their Institutions.
The knowledge Of the people of Lo-
retto is that Mr.. Schwab is going away
somewhere. His destination will he
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.
Visitors Turned Back.
L was after learning that his health
vas very bad and that he intended 10
devote a years time to recupera ton
that ! passed into the grounds lead
ing &c the home on the mountain top
Mrs. SchWab said that her husband
would not see any person, and had not
been seeing visitors for several days
Mr. Schwah sat on a couch within
hearing Of our voices. a paper was
before his eyes He exhibited no in
isrsst and made no attempt to move.
Business associates, Il is said. have
net with a similar reception during
the past two days. Mr.. Schwab has
been directed by his doctors to rid his
mind OF all business cares. and ne is
obsying the orders reiigiously. Inquiry
among the people of the town who have
conversed with the Sch ~abs fully cor
nborated the story that ne intends 10
retire from active business life. His
friends however. deny that If he leaves
ne United States Steel corporation II
will be at the dictatiOn o. any person
other than himself