The evening world., 1907-05-07
Business Associates Said
to Be Displeased Over
His Conduct.
DEFlED CONVENTIONS.
'Expect Man in Semi-Public
Position toObServe Standards
of Propriety," +" Says One.

William Enis Corey Will not long con
t,nue IN N. presidency OF the stos.
Tu., after his marriage TO Miss Ma5cpe
Gilman. say scvcfai wall str.et prophets
whoee financial forecasts are USUALLY
said to be Inspired. Though on the very
eve OF his marriage TO the actress Air.
Corey was reelected TO the presidency
Of the United states Steel Corporation.
ne fact Is not considered as an indorss-
nent OF NJ Corcy's conduct. but as a
matter OF Trast etiqus;te.
president Clrcy's reelection Is also
looked upon as subtle hint 70 him %
get ont as gracefully as possible. Tna
..unor that he was 70 be forced out Of
the presidents chair has been brsrathing
back and forth between Plttshurg ana
New York for many months. Alwhys II
has heen followed by deniais formally
issued by directors OF the company.
The yame tactics we're adopted in tne
case OF Charles NJ. scnwao
The notoriety that has held Mr. Corey
A.. the -llFs4slssAt- -aa= more than year
ts said 10 be even more distressing -
the Steel family than the notoricty stir
rcd up by Mr. schwnb IN his European
3unkets That his associates have not,
as his family has become reoone!led 20
his marital troubles and his romance
with Aflsa Gilman. has been reported
from dozen different sources or
course. Il has been as frequently de-
nied that his personal affairs are the
81 sraks
he il the onieial head Nevertheless
the perslstency OF the rumor that Mr
Corey IS no longer persona Frata IN
the billion dollar company. proves thnt
there Is moro than IDLE speculation hack
of the prediction that he Will coon be
forced out OF the presidents chair.
In financial circles It Is said that
he will get out very quietly and with
ali the slow. ponacrouE dignity de-
n,s4sded In such high financial moves
Whether he will become stricken With
nervous prostration and resign because
OF feeble health and overstraln Is \
matter OF pure guess Wall street LOOKS
forward To some such development
within a few months after the Corey
Gilman wedding. To have failed TO re-
elect him to the presidency would have
been an acknowledgment that tho ex-
scuitye ofieer ot the grnatest coinbl-
nation OF capital in America had put
himself In such position as to require
discipiinlnE This would have reflected
upon tho trust and the wisdom OF It's
directorate IN !ts selection OF executive
heAda. II would also have caused an
unpleasant sensation 10 the financial
World.
That President Coreys romance with
Aliss Gilman has not heen n7nkrd nj and
pt.zsed over rs unworthy OF ser Gus con-
.iderai0n was STATED to-day ~ a man
who is prominent In the executive ae-
pnrtmcnt OF Tie United States stec!
Corporation. he said
a man occupying position as eN-
alted In the business world a. that OF
President OF ine United States stet4
Generation or President og the Penn
aylvanlA Railroad. OF any similar semi
nnbllc poEitun ls expected 20 observe
- ordinary forms OF psoprirty he A
~ Dected 70 observe Uniform dlgu.ty
Of conduct In private a. wen aa pu1iie
ne What may be said 10 BE- purely
,,..rsonat analrs in the case Of less CON
spiruous men cannot be % considered
IN trh ca4.r or men holding Dos1ii0as u
s'sti,biir ofncials are required 20 FOL.
low certain set standards Of dignity ln
thelr private lives. IHe} uNH tHla o.
he public al large. So doea the c&-
eratire ofncDr ct gieat .rpalau0u,
mai haa hundreds uf thousands %.
steekholders. owe 90 tha public the ob.
ssrvanrs 81 high standards ot personal
conduct There are some men hoa.-
ever. Who display D. magnificent diHTe-
gard on such rules of condIri They
70 along on the broad theory that ths
anairs u their employers are thr.r
ogn analrt and that their own hnaIrs
are their oNu afairs and rot toe analrs
OF thelF employer Mr. sehwab fol-
loved this principle Win the result
thnt he ieft the service OF lAe company.
aNoW ~ "a pToity certain Thar any
man who hlia such position ana ais-
raTnrds tie ordinary Standards ID pro-
frIsfv il sure. sooner OF later 10 fiat
~ position 100 uncomfortable 10 siav
appears certain that Air Corey
100 hg a cltrFYman outside their re-.
s,~-tive faiths Mr Corey ls an Ep.s-
stoalian ans Mlss Gilman. lt ls beIIet.i
esrrras ID the teutt 1f tlf Houa1
SathoNr Church Ntf motasr ls
Roman catholic.
80 E1scupi clergyman ail marry
"a d.,.r.r1 p'faan. rtpeH .tIlN Wien III. Ii
f,s.a.u .rs been nt IHaIl Fnr La t. .|.-
80 t1 marry divorced person 10 d.
nrrrfrHrN fn feH Hf" frnH ~ A Hptr...
Con rlm thc Pope ihHurr tHe ba.,g
OF the dlooete i1 Whea t1s ccrrmlag
g. fn la NT Fl ouch HgrIra.
fi-n has hee- sor'-7 for hefe