The Birmingham age-herald., 1902-10-05
GOSSIP FROM NEW YORK.
LeutGov Woodruf Coming Disappearance from the Poi, cal Stage Ridiculous Ambition to Succeed Thomas C. Pat
BY JoH N MARTHoL.

1 sistance of the banks and the street. loaning four millions.
 
 One of the foremost lawyers in New 1 York city today is William D. Guthrie of the firm of Guthrie Cravath and Henderson. He made his first great i1i1- pression by his argument on the income tax before the United States supreme 1 court. Since then he has beon pronir- ent In the greatest legal contests of the present times. Recently he appeared as counsel against Lamb and others, who brought suit against the Northwestern Securities company. His position as lawyer ranks second to none and his rise proves the old saying. there is plenty of room at the top" When lad of fourteen he attended Grammar school No. 35, in New York city, which was then famous as the Thirteenth Street school" He was a remarkably brilliant youth. At that time he gave lessons in French in the evening to help maintain himself He learned stenography. At that time he resolved to be lawyer and hs set every move to lead to that goal If his ambition. He became a copyist In the office of Blatchford, Seward and De Costa. One day after Blatchford had become judge, he went to Clarence Steward, the celebrated lawyer. and told him that his air in life was to be a law yer. He had made application for ad- mission to the Columbia law school and wished to be certihcated as q law stud ent in the office. MT. Seward strongly advised him to stick to his stenography, and remarked that New York was full of poor lawyers Well" replied Guthrie, 1T will be the exception I will be q good one" He got his certificate Within a few years ne was a partner in the firm. MT. Guthrie made his way by the magic of hard work. He is an orator of great ability and distinguished as an author by his lectures on the fourteenth amend ment to the constitution, and as a writer on political and legal topics.
 
 Clarence H Mackay is evidently de- termined to lose none of the big mouE- tain Of dollars oequeathed to him by his father. His resolution seems to be to en- large its base, increase its height and bulge 1t out in every direction. Immed- lately after he came into lis great in- heritance the order was issued for the sale of his racing stable, and under the hammer first class horses went for the proverbial song. It was apparently a loss, a sacrifice, a throwing away of good money, but was 1t so in realityf On the contrary. was it not good, sound senseo Did not the net infuse confidence into all the holders of the Mackay stocks that in the future their investments would be as vigorously safeguarded un- der his administration as they were while his father was at tho helm? Probably this was not the motive that prompted MT. Mackay, but if l owned any or his se- curities that Is how I should feel about it. Now comes the announcement that San Francisco shall share with New York the honor. privilege. or whatever it may be called of being his place of resi- dence. Is this business again? The Mackay wires and millions run all around the globe from the two great cities on either ocean. They are tho nerve centres of the mines. railroads, cables, telegraph lines, and what else I know not, of all the Mackay investments and this resi- dencial move means that one shall not be given the preference over the other. The lessen of 1t all is that the financial affairs Of many of cur millionaires have become so diversified as 70 require in their management an almost worldwide home connection.
 At the invitation of a number of Epis- coral clergyrltsl, the Bishop of Thetford, the Rt. Rev. Dr. Arthur Thomas Lloyd, is scheduled to arrive here soon, for the purpose of holding series of missionary