Albuquerque evening citizen., 1907-04-13
High Estimate Put Upon Sec
retary COrtelyOu as Able
FindnCier.
SIDNEY WEBSTER, THE
FRIEND OF HARTMAN
Old Cox Machine In Ohio Said to
be For Taft Now as
Against Foraker.

Now mat the financial furry in
New York has subsidized the friends of
the secretary of the treasury a1fe
Sreatly pleased with the record which
ne has established for meeting such
an emergency as confronted him at
the outset of his administration.
Since the DAYS of Alexander Hamil-
ton, the first secretary of the treas
ury, ii is doubtful they say, whether
there has been cabinet officer in
charge of this portfolio who has a
better or more thorough knowledge
OF the finances of this country than
George Bruce Cortelyou. New York
has never had more capable repre-
sentative at the council table of the
president 1t is only natural that Mr..
Cortelyou should be we'll grounded in
all that pertains to financial opera
tons. His grandfather, Peter Crolius
Cortelyou, in addition to a partner
ship with George Bruce in the type
foundry business in New York City,
was director in several banks. He
took a pleasure in instilling ideas per-
tanning to finance in the receptive
mind of his grandson, who is now
at the head of the United States treas
ury.
From boyhood Secretary Cortelyou
evinced an aptitude for financial prob
lens which he invariably solved sue
Cessfully, and today no one in this
country knows the New York and
Washington financial condition and
environment better than himself. 1t
was this knowledge which enabled
him to meet the recent crisis which
made his first month in the treasury
department one of the most strenu-
Gus of his busy career. 1t was fortu-
nate for the country that Mr.. Cortel-
you was so thoroughly informed on
national and local conditions, for he
WAS thereby enabled to bring COM
mon sense and financial training to
confront a threatening situation.
Everybody and every interest be-
lieved and felt that it was a safe, sure
man at the helm, and results justified
their expectations. 1t was the train
ing in early life received from his
conservative, practical grandfather
which enabled him in such an ordeal
as he has just passed through to steer
clear of the shoals of adversely and
panic.
To his qualification as a diplomat
and organizer must now be added that
of a practical, successful financier
He is justly proud of his New York
connections and training, and is never
better pleased than when he is re-
minded that the foundation of his
career in public life was laid in the
passed his boyhood days.
Was Piercc's Secretary.
Sidney Webster, the recipient of E
II. Harriman's two-year- letter
publication of which last week created
such a hullabaloo, was the private
secretary of President Franklin
Pierce way back in the sos Mr.
Webster had studied law under the
great New Hampshire democrat, and
when Gen. Pierce was called to the
presidency he brought the young law
yer along to Washington as his pri-
Vate secretary. Stuyvesant Fish
father, Hamilton Fish, afterwarj
Grants secretary of state, was then a
senator from New York, and a few
years after, when Mr.. Webster had
opened a law Office in New York
where he has ever since resided, he
married Hamilton F'ishs eldes;
daughter Curiously enough, he was
the mentor for both his brother-in-
law. Stuyvesant Fish, and f.. II. Har-
riman, and was directly instrumental
in making them members of the
board of directors of the Illinois Cen
lral railroad, from the presidency of
which Mr.. Hartman recently ousted
Mr.. Fish. Although still a stancn
democrat of the old school, Mr.
Webster has taken no active part in
politics for many years. He is de-
Scended directly from the stock that
produced the great Daniel.