The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1911-06-29
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the costumes wide-brimmed affair.
done in white lace to the exclusion of
all other ornamentation. From the
edges of the broad brim flowed the long,
| f1uttering, dainty lace drape which Mrs.
Hines affects in all her costumes Tor
perry rippled most fetchingly as Mrs.
Hines famed herself.
Mr.. Hines made an easy witness. He
was at first somewhat nervous, which
deep interest the audience took in him
and all he said. He sat in the witness
chair on a dais at one end of the room,
facing, the committee and the assem-
blage. Every seat was taken, and the
walls were lined by people who could
not SIT.
Tells Life Story.
Mr.. Hines said he was forty-seven
years old, and, examined first by Judge
Kinds, his counsel, gave 4 biographical
sketch of himself. At fourteen he left
school and worked in a Chicago store
a year and a half, when he went into
The service of the s. K. Martin Lumber
Company as an office boy, rose soon
to a clerkship, became bookkeeper's as
sistant, head hookkeeper and salesman.
Altogether it was the regular San
ford and Western story of the good
little boy VINO works twenty-sever
hours a day becomes member of the
firm, marries the daughter-only daugh-
ter and sole heir-of the firm head, and
lives happily ever after.
The S. K. Martin Company sold him
$50, 900 of stock, and in 1892, he left that
company and organized the Edward
Hines Lumber Company. Jesse Spald-
ing, once a Government director In
the Union Pacific railroad, fnancier
with him in this enterprise. Others of
high standing entered it. In a few
years Frederick Weyerhaueser, the
king of standing timber. entered the
Hines said he personally owned col
per cent of the $4,000 of the company's
stock. The company handles about
L, 900 000, 900 feet of lumber a year, being
both a manufacturer and a jobber in
lumber.
Capital Nominal
The capitalization of the Hines Com
pany is only nominal; it owns in whole
or part a number of lumber companies
with much larger capital than its own,
one of them having s1O.7OO,OOs capital.
These subsidiaries include big companies
many retailing concerns; altogether,
the Hines Company is the biggest deal
er in lumber in the United States.
Hines said he is also president Of
two banks and a director in the Con-
Commercial of Chicago. the
largest bank in the United States in !
amount of deposits. 1t recently alb |
sorbed the Hibernian Trust Company. |
which gave it larger deposits than |
the National City Bank of New York |
holds.
The Monte Cristo tale of how the |
Hines business and fortune grew to !
Its present proportions was like a |
as absorbed bv the Hines company |
was the l. Stephenson Company, whose !
name suggested a community of in |
terest with the junior Senator from |
Mr. Hines has been &C
cused of boasting that he elected |
as we'll as Lorimer.
Answering a question as to banks !
with which he did business, the bo- /
nanza lumberman produced list
from his pocket that read like a fin |
lumber States of the Northwest and |
Has Never Smoked.
81 have never smoked. / occasional |
w take a glass Of wine or beer: no /
liquor. Till six months ago seldom;
since then, on advice of my physician.
have commonly drunk some Bur-
yundy with my dinner.
II have known Senator Lorimer
about nineteen years. Five years ago
our company and some of the stock
lolders invested in lime lands in Mis-
5issippi. and planned railroad to
them. Representative Lorfmer be-
anne interested and went to Gulfport.
Miss. to learn If it could be develop
ID by the Government and used as a
port for u.s. He was on the River and
Iarbor Committee. but not financially
Interested in our enterprise.
"Lnrimer became interested, got the
committee to go to Gulfport and as
.esult the Government took over the
Iulfport harbor. That was our first
intimate relationship. He has never
,een interested in any company with
ne.
I'm 1906, when Lorimer was a candi-
late for Congress, our company loaned
wagons that were decorated for him in
parade. I secured signatures of about
hirty leading business men to a pro-
caVinD ha stood for