Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-12
SHA W'S
FUTURE
Secretary of Treas
ury Has Not An
nounced Plans

Washington, D. c., Jan. 11.-Secre-
tary shaw's tenure as the head of the
treasury department Is about to close;
he is to remain in the cabinet only
about six weeks and will then be sue
ceeded by George B. Cortelyou, the
present postmaster general.
What will Mr.. Shaw do when he
walks out of the great stone build
ing at the other end Of the avenue?
That is the question that Is agtating
the minds and which still remains
unanswered.
OF late there have been many rrl-
mors, apparently with considerable
basis, that Mr. Shaw would go to New
York and assume the presidency of the
Mutual Life Insurance company. Mr..
Shaw, himself, gives very little light
on this subject. In some quarters it
is declared that he has had no oppor-
tunity to go to this great company
From other quarters, perhaps less
biased or interested comes the infor-
nation that the presidency Of the COM
pany at a salary Of more than 100000
per annum, has been rendered Mr.
Shaw and that he will accept them.
Shaw Is Tactlturn.
So far as Mr.. Shaw himself, is
concerned, he has never made but
one statement SO far as the writer
knows. He has upon many occasions
said to your correspondent that follow
ing his retirement from the cabinet
he should return to Denison and take
up the threads Of business where he
left them nine years ago to become
governor Of Iowa. He has persistent
ly stuck to that statement.
On the other hand it is claimed that
Mrs. Shaw and the family would pre-
fer to reside in New York and even
the close friends of Mr.. Shaw are free
to admit that the logic Of the situa-
tion would indicate that the secretary
would locate in the metropolis where
his ability will find greater avenues
for action than in Denison, Iowa.
Mr.. Shaw belongs to the class which
| in Iowa is considered as "well off .
He is not rich man or approaching a
millionaire, but possesses assets that
would enable him to live in comfort,
even in luxury in Iowa, yet would not
enable him to keep up with the pace,
without encroaching upon the princi-
| pie, in Washington or New York In
fact, it is well known that has spent
from s50,000 to $4,000 in excess of his
salary during the five years he has
been secretary of the treasury.
Cannot Rest on His Oars.
If he should go to New York, ne
could in ten years, with his ability and
/ keennesS l1ndOlIhtedly hecoma a mil.
| lionaire and probably in less time.
| II he returns to Denison the oppor.
tunity for amassing wealth would, of
course, be restricted. Looking at the
problem from the natural or logical
point of view even Secretary Shaw IS
closest friends admit thta they cannot
see how he can return to Denison, un-
less he has become fearied of the swift
pace and desires to rest the balance Of
his days, residing among his neighbors
of third of a century.
| There might be reason in such a
position were 1t not known by the
most casual acquaintance of Mr.. Shaw
that it would be physically impossible
| for him to rest on his oars and retire
| from active business and political life
Shaw belongs to the strenuous class
He is most indefatigable worker and
| he must continue to work. He does
not know what vacation is and be
could not endure more than week
OF idleness to save his life. He must
be doing things. Probable the hard
work he does wears on him, but he
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