The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-07-06
HANNA TO QUIT BUSINESS LIFE
DBSPOSES or MS INTERESTS iND
WILL PIil Politics.
Determined to Wake the Fight " his life
IN This Ohio Campaign Wants 10 Re-
claim CuyahOga County Gives GP

claim GuyahOga COUNTY Gives lP
Active Control " GIls Vast Interests
CLEVELAND, July 5.-No better evil
dcnce Of the fact that Senator Hanna in
tends o make the most vigorous fight of his
entire political career this fall may he had
Than he fact that he has practically dis
posed of his business affairs in such a way as
to leave himself free from care. His steam
ship lines, his iron-ore lines, his coal mines,
and, last, hut not least his street railways,
have been disposed of so effectually that
he can not only take two weeks vaca-
ton, but one lasting ten years or more
without any thought as to how his business
would be run during his absence.
In fact, az it was said to-day, the only
tangible property possessed at the present
time by the NJ A. Hanna Company is the
Office furniture on the sixth floor of the
Percy Payne building. For long time
the business affairs of Senator Hanna
have been source Of worry to him. 1t
has been his ambition to devote all Of his
time to public affairs. His business enter
prises were varied and important and he
has yearned for the freedom which would
enable him to pursue any 81. VI course
without regard to the Diet tails Of business
Since 1905. when Mr. Hanna became so
active in politics, he has carried double
burden. His political cares alone were
sufficient to age any ordinary man, but on
top of Il csc he had a thousand and one
details to look after in connection with his
private business. There were coal mines
In the bituminous region; there were iron ore
mines in the great ranges of the North; there
were steamships to carry the ore from the
upper Lakes and there were furnaces where
the ore was smelted Into pig iron. There
were a number of banks in Cleveland in
which he was a director. There were
smaller commercial and industrial enter
prises among his vast resources, and, finally,
there was the Cleveland City Railway Com
pany.
This company, we'll known as the Lit
tie Consolidated was Senator Hannas
particular pride, and there was gen.
uins regret when definite news OF the
absorption of the Little Console
dated company by the Greater Consol-
idated company was announced. 1t is
said authoritatively that the sale OF the
Little Consolidated company would not
have been consummat ed had it not been for
the impending political conflict in Ohio.
Senator Hanna in determined TO reclaim
Cuyahoga county rs a Republican strong
hold, and will go into the fight unhampered
by the fact that he is president Of one Of
the most important of the railway systems.
His only interest in the Cleveland traction
companies is in the amount Of stock he
holds. He ia a director in the Cleveland
Electric Railway Company, but the meet
ings he will attend will be few and far be-
twcen
His chief concern in the Consolidation
arrangement was TO have his former en-
ployees we'll cared for and now that this
has been done the asi business tie Of suffi-
cient Importance 10 take his attention from
public affairs has been removed.
The disposal of Hanna propert lea has
been under way for long time. One by
one they have been got rid Of until now
for the first time in forty years Senator
Hanna may enjoy his vacation without
suffering the least worry.
The iron ore business Of NJ. A. Hanna
& Co, together with the steamship lines
and the Hanna furnaces, was disposed
of to the United States Steel Corporation,
his coal mines to the Pittsburg Coal Com
pany, and his street railways to the Cleve-
land Electric Railway Company. With
both hands Of the Senator free and with
business cares put aside he will be in posi-
ton TO devote his executive ability entirely
10 the political situation. and politicians
expect to witness conflict that will result
in victory for Mr.. Hanna both in this and
other counties Of the State.
ADO you know, Dover, that believe am
kind of foolish to leave this beautiful place
TO 20 and svelter under Eastern skies on
board yacht" remarked Senator Hanna
TO his secretary to-day.
With Mrs Hanna and Miss Phelps he
left the city at o'clock and the party was
soon speeding toward Jersey CITY. There
the yacht Alvina, the property of G. A.
Griscom, will be boarded Tomorrow morn
ing by Senator Hanna Mrs. Hanna, Miss
Phelps and Mr. and Mrs Griscom.
On Tuesday morning they will arrive at
OYSTER Bay, where the entire party will
be the guests Of President and Mrs Roose-
welt at luncheon. They will remain there
over Wednesday and on Thursday will touch
at Newport where Gen. and Mrs. Corbin
will Join them. Bar Harbor will nlso he
visited but beyond this very few stops
will be made.
The Yacht will cruise along the Atlantic
coast for a month and IL ia expected that
Senator Hanna will return to Cleveland
fully recuperated and ready for the siren
uous work of the fall campaign.