The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1903-01-22
BIG INCOM ES.
Professional Men Who Make From
$4,000 to 100000 Year.

Professional Men Who Make from
$4,000 to 100000 Year.
The lawsuit of a Philadelphia ply
sician, who seeks to recover fabu-
lous sum for medical attention to the
late Senator Magee, Of Pittsburg, has
attracted attention in this city, says
the Philadelphia Inquirer, and causes
considerable speculation regarding the
income of professional men generally.
An inquiry into the subject develops
surprising results and proves that
Ph;.adelphians are in the front rank of
money ea-ners. There are many pro-
fess,onal men in the Quaker CITY
whose incomes amount to more than
100000 a year, ar@ more than
score who make a larger amount OF
money in twelve months than is paid
to the President of the United States
during the same period for governing
a nation with a population of more
than 100000 Of people-not to men
ton the many more millions in our
new possessions.
Corporations, as a matter of course,
pay immense salaries. 1t has not al
ways been possible to obtain the e-:aci
figures, but those given approximate
the amount paid.
Alexander Johnson Cassatt, preSi-
dent of the Pennsylvania Railroad, re-
ceives $4,000 year for his services
as the chief executive of that great
corporation. incidentally it IS said that
be receives smaller salaries from many
of the branch railroads which are part
and parcel of the great system over
which he has charge.
Presidents of the big distinctly Phil
adelphia insurance companies get all
the way from $4,000 to $4,000 year.
The presidents of the various trust
companies receive not less than SlO,'
900 a year, and in some few cases
much larger amount than that.
The prominent lawyers Of the city
are big money makers. John J. John
son, for instance, who is regarded as
one of the best corporation lawyers
in the United States, has not for many
years made less than 500, GOO per year
from his law practice. He is kept so
busy that he scarcely has time to eat
a MONDAY luncheon, and those who
know him best frequently find him
trying to satisfy his appetite with
hurried luncheon of pie and milk.
Samuel Dickson. Thomas Hart and
George Tucker Bispham are lawyers
who have an extensive practice among
the corporations. Some of these men,
and others as well, are retained by
corporations, receiving as high as s25,-
900 a year and being paid for their
services besides. Many of the great
corporations regard it as matter OF
prudence and economy to secure the
services of big lawyers by paying them
handsome retaining fees by the year.
In this way it is not possible for the
other side of the case to obtain the
services of these lawyers.
Physicians, as well as lawyers and
other professional men, sometimes
make enormous sums Of money from
their practice. In Philadelphia doc
tors fees run all the way from moth
ing year to s15O,O00 for the same Pc
riod Of time. The charges of the best
physicians are always guided by the
size Of the pocketbooks of their pa
tients. Some individual fees are tre'
mendouS.
It has been said, but never admitted
nor denied, that P. A. B. Widener once
paid his attending physician 100000.
When DR.. D. Hayes Agnew, an emf
nent surgeon, was summoned TO at
tend President Garfield, after the chief
executive had been laid low by the
bullet of the assassin, he gave no
thought to the question of money, but
summoned all his skill in supreme
effort to save the life Of the stricken
ruler. When the bills came up to be
settled his fee amounted to the modest
sum Of $4,000.
Among the surgeons and physicians
of Philadelphia who enjoy an especial
ly lucrative practice may be mentioned
Drs. La Place, DaCosta, Deaver, Van
Lenney, Hare and Tyson. Some Of
these men, it can be confidently as
serted, receive more in fees in the
course of a yea- than President Roose-
velt will receive as salary for twelve
months work in the White House.