The Forrest City times. [volume] (Forrest City, Ark.) 1871-1919, 1902-08-22
President Charles Nj. Schwab of the
United States Steel Corpora
tion to Retire.
He WILL SEEK ABSOLUTE QUIETUDE.
He is Not Ill So ms to lie Conflned to
His Ded,Bu His Condition il Such
that He is Obliged to Deny Him
self to All Company. Even His
business Associates.

Pittsburg, Pa, Aug. ia Loretto
(Pa) special to the Pittsburg Dis
patch says:
President Chas. 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 an
echo of the strenuous life he has led
can reach him. This information is
authentic. DR.. Golden never leaves
the Schwab home, and the exact ma
ture of his patients illness can not
be learned through him.
Mr.. Schwa5 is not confined to his
the wide veranda which affords fresh
air and sweeping view of the noun
tain slope. He is always with his
wife or his parents.
The strange part of Mr.. Schvab's
Illness is that he is always within
view of those who call at his house,
yet he will not allow any person to
approach him. Heretofore the visi-
tors to the Schwab home were greet
ed with hearty welcome and a vigor>
Gus handshake. Now the visitor is
Schwab can not be seen. Intimates
Of the family receive the same mes
sage ana none mas been able to con-
verse with President Schwab since he
| came back to his home"
The correspondent then says:
"The people of this town, who still
call him Charlie" because of their
early and intimate acquaintance with
him, are discussing his prospective
| departure. They know he is sick
man and are relieved that he will
spend possibly year in an effort to
refrain his health.
"The presence of Sisters. belonging
TO the Order of Mercy. in his home
day and night since Thursday was an
other Indication of illness. The nuns
were not visitors, but 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 be kept secret and he will do
nothing but seek health until his
nerves have been retored to their nor
NAL condition and his mind fully re-
lieved of the great strain resulting
| from so many business cares.
ut was after learning that his
health was very bad and that he in
tended to devote years time to re-
cuperating, that l passed into the
| grounds leading to the palatial home
| on the mountain top.
"Mrs. Schwab said that her hus-
band would not see any person and
| had not been receiving visitors for
several days.
"Mr Schwab sat on a couch within
hearing of our voices. paper was
| before his eyes. He exhibited no in
terest and msde no attempt to move.
business associates, it is said,
have met with similar reception
| during the past two days. Mr.
Schwab has been directed by his doc
| tors to rid his mind of all business
cares and he is obeying instructions.
Inquiry among the people of the
| town who have known the Schwabs,
| confirm the stories that he intends
| to retire from business life. His
| friends, however, deny that If he
leaves the United States Steel cor
poration it will be at the dictation Of
any person other than himself.
ROOSEVELT SE WED HIM HOW.