Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1911-08-11

~ ~ ~ ttSA40
PARIS. Aug. s.-The death this morn
ing of John W. Gates. the American fl
nancier. has called forth many express
sions Of regret. not only from his wide
circle OF acquaintance. but from num-
berless Parisians. who knew him as
bold and Successful business man.
Mrs. Gates and her son. Charles @.
Gates. are much worn by their long
period of anxiety and nursing and much
sympathy for them is expressed. As
soon as word of MIR. Gates death had
been cabled to America. messages of
coincidence commenced 10 arrive at their
hotel from friends and business associ-
ates in the United States and elsewhere.
All arrangements for the disposition
OF the body have been made by Harry
ST Francis Black, president OF the
United States Realty and Improvement
company OF New York. Mr.. Black said:
Mr.. Gates loved life and said he
wished to live. He wanted to do things
in life.
Many people had interest in his pic
turesQue personality, but they may not
have perceived his strength of mind as
those who served on directory boards
with him.
He was frequently spoken OF as a
plunger' but his operations were always
founded on wonderful studies in figures.
Wall street will not see his ike again
for some time"
Mr.. Black said that the death of Mr..
Gates ought not to AFFECT the STOCK
market much, because the financier had
not operated extensively of late, but had
placed his fortune largely in substantial
securities. Some OF those here who were
close friends Of Mr.. Gates estimate that
his estate will be found TO be nearer
s64, O0O, 900 than s30.0o0,000.
FUNERAL SATURDAY.
The body OF Mr.. Gates viii be placed IN
a vault at the INSTRUMENTATION Ameri-
can church in the Rue de Berri, where II
will remain until taken aboard steamer
for removal to the United States. The
funeral services viii be held al TINS
church on Saturday.
The body viii be taken home prob
ably on the wilhelm der Gross, which
will sail from Cherburne on Thursday OF
next week II was on this same steamer
that Mr. Gates had planned to sail Tor
New York in the first week of July. he
mad been. in Europe for a month then.
Two weeks after his arrival In Paris he
suffered from pains in the throat and
was reported to have undergone several
operations for this trouble. Relief was
AFFORDED. but later 1t was stated ny ms
physicians that poison from the throat
abscess had entered tne kidneys, re-
sultsng in serious complications.
Afterwards 1t became known that the
fnancier was seriously ILL., On July his
son, Charles G. Gates, left New York
hurriedly and arrived at his fathers bed
side at a time when the sickness was
believed TO be approaching fatal termi-
naiOn The disease, however, was checked
by Or. Gros and his associates. includ-
ing DR.. y. r. Ryan. a specialist from
London. From then on the daily bulle-
tins issued by the doctors alternately
gave hope and despair to the friends Of
the sick man. At times it was widely
reported that Mr. Gates had died. This
followed a pronounced sinking spell. from
which he later rallied mis- fghting spirit
coming TO his aid at critical moment.
~ COMPLICATIONS SET IN.
A congestion of the kidneys was re-
Iieved, but later pneumonia appeared,
and the combination of kidney trouble
and congestion OF the lungs was too
much for the wasted strength OF the pa
tent
Monday night the physicians were en-
couraged by an Improvement in the ac-
ton Of the kidneys and lessening Of the
Inflammation of the lungs. At daybreak,
however. the congestion Of the kidneys
returned, and It was evident that the
end was near. Heart stImulants were
administered and In addition to caffeine,
oil Of camphor, oxygen was freely admin
istered.
Shortly before the end Mr.. Gates lapsed
into inconsistencies and his death, which
followed at $40 O'Clock. was peaceful.
Mrs. Gates and Charles G. Gates were at
the bedside with Drs. Gros and Reeves
The official statement of the physicians
said that the immediate. cause of the
death was heart failure. the lungs hav-
ing stopped their functions and smother
ed the action OF the heart.
Mrs Gates accompanied her husband
TO Europe and had been with him
throughout his illness. Before her mar
rage she was Miss Dellora r. Baker, of
81. Charles, III. In recent years they had
made their home In New York.
One of the most picturesque person
alities in American financial annals
was John Warner Gates. The predomi-
mating characteristics Of his nature, en-
ergy and speculation, particularly the
latter. earned him the sobriquet OF
Million" Gates. under which
cognomen he was celebrated on two
continents. He was a big man and did
only big things and in a big way. At
the time Of his death. he was one of
the most striking figures IN the money
world. fighting. as he was. the Stand
ard Oil company and holding an impos-
ing position in the affairs of iron and
steel Prominent in his spectacular