The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-10-21

Rear Admiral Evans
IAN Advertising Asset.


IAN Advertising Asset.
Rear Admiral Robley D. Evans.
l''Iaohfing Bob. who was placed on
tths retired list something like two
years ago on account Of his age, after
The had taken the American neet on its
itour around the world a. far A. San
francisco. IL now playing a leading
trole % an advertising asset. He has
been made president Of California
OH Company and an eastern stock and
bond company uses this fact as its
main argument In trying to sell the
stock Of the oil syndicate.
The Financial worN, a publication
devoted to the interest of bankers,
brokers and stock dealers, believes
that Admiral Evans IL a guileless old
salt who has been hypnotized into
thinking that there are large fortunes
to be made In California OIL In
speaking Of this unfortunate affair. the
Financial World says:
The future Of the enter prise is I'M
certain and as long as It Is so, the
stock must be classed as . specula'
ton. And as such the price asked Tor
the stock, considering the risk which
must be assumed, Is far from attrac.
tive. For the same ratio Of value OF
each dollar, some very attractive divt
dord paying stocks can be bought
From q recent report in q California
oil paper Admiral Evans's company
holds considerable OF its property un'
der options. The money now to be
raised by extensive adertising, Is pre-
sumably for the purpose OF taking up
these options. Can this money be
raised after paying enormous advertis.
ing bills and generous commissions to
tho fiscal agents? This Is q much
mooted question.
Rear Admiral Evans will doubt his
personal courage, his patriotism or his
ability as . naval man. In some -
spects he IL believed to know more
about naval affairs than any other Of
ficer In the service. Yet. with all
these things In his favor. the career
D Of Admiral Evans has been somewhat
erratic. In plain English. he is re.
gardsd by many as being almost a
-four husher." One thing Is certain, he
has never been friendly to the south
and standing high in the esteem OF
! the navy department he has never lost
On opportunity to disparage the i'm
portance Of southern ports and south.
ern navy yards.
His war record was good. He was
shot oil to pieces at Fort Fisher and
has never recovered from those
wounds Since the war his service IN
the navy has been conspicuous, but
'through It all ran q spectacular streak
His clustering profanity, II it ever
existed. was reserved for dramatic eff
feet on shipboard. Tor on land he Is
modest and retiring and has not the
self possession to make even a short
sitter dinner speech without blushina
Hike . school boy.
Even II the rear admiral is as child
like and bland as he seems to be, I,
Ia unfortunate that q retired naval Of
ficer who knows and who can know
absolutely nothing about business at
fairs. should lend his name and fame
to boost . speculative scheme o.
doubtful character.
The sad fate Of General Grant, whit
lent his name to wildcat bank
should have kept all other retiret
army and navy officers out of such pre-
/, dicaments. The government provides
ample pay for retired officers and on.
a the objects Of this is that they b
spared the necessity Of going into tn.
speculative world in their old age
Handicapped as they are by theil
thorough ignorance OF modern specu
lative business affairs.
What does Robley Evans know
shout oil wells that he should be sc
1ected as president Of company or
ganized to develop Oil property?
The admiral has been hts own press
agent for the last forty years and hs
made a good one as anyone who hal
read his autobiography. "A Sailors
Log. can testify. and perhaps he may
carry his talent along these lines IA