The evening world., 1911-01-27

n1b tdklnH ONfT TIC u
Green. his mother. the richest woman
Mrs. Hetty Green. at the age OF
seventy-fve years. after bossing FOR hall
a century the millions left to her by
her father. the late Edward Mott Robin
son, has abdlcated in favor OF her only
son, Col. Edward II. r. Green. who has
Just finished an eighteen-year tryoGt at
business in Texas.
Takes Hold Of Work.
Col. Green, a jovial. keen-minded
bachelor OF forty-two years, who abb
hors fashion and best likes the sort
OF human timber that grows away from
the great centres OF population. to-day
cast permanent anchor in New YORK
City, II took up his new duties IN
earnest by arranging FOR the organ'za-
ton OF a new trust company. under the
laws Of New York State-a centre In the
East for tLe financial activities all over
the country Of the 500. 900. 900 or more
wealth controlled by his remarkable
mother.
THE confidence now reposed In me by
my mother more than rcpays all mat
/ thought I was missing OF the Sood
things in life when first / took up a
residence. at her suggestion. in TeNa
in lSg3,' said Col. Green. to an Even'ng
World reporter who chatted with him
MIS- morning In his apartment at the
Waldorf.
MY mother has always held that the
young men OF this generation relied too
much upon their parents" he explained.
Instead of furnishing me with a fancy
--1 ..alsaB M 20 pariG and
VI ina, she insisted that | go to Texas
and rough 1t. and learn life from actual
experience. At hat time this seemed
hard, but as ! came TO grow mentally
God only knows | grew fast enough
physically (Col. Green weighs nearly
900 pounds. n stands six feeD-l saw
the wisdom OF her decIs!on. IL nothing
else ! have learned that a large In
horItance Is a sacred trust In which all
the public shares.
Given Mortgage as stake"
Down there in Texas, mother put me
in charge of the foreclos!nS of a
$4,000 mortgage against a piece of
wretchcd railroad. This was my stake.
For tbs. after eighteen years, | nave
TO show properties worth more tnan
Nb,SO,UN, ana lHt SoCh "h'' ! '""' w.
all those with whom | have had bus!-
ness relations. These properties. every
one a money-makcr, furnish employ
ment for 800 persons
Mr.. Green recalled now following the
forrc.osing OF the railroad mortgage.
watn Ee was r~eorgani2ins the property.
now the Texas Midland Railroad, l2o
miles long with 81 100000 or bonds paylnS
- - nnn nn ~ Ataal an - n ~
6 per cent, he telegraphcd his mother
for advice as TO the purchase of eight
new locomotives.
You are on the ground was the re-
ply from Mrs. Hetty Green.
when /. came to New York later. l
to, my mother that when | wired for dd-
vice | wanted II. II anything happens
10 ne, to whom would you go for ad-
vice. she asked. Go 10 them now
consulted my own best Judgment and
nlaced the order for the locomotives.
This was my first lesson In self-reliance,
and II woke up within me the faculty
OF doing my own thinking"
No zone Basket" Man.
That Col. Green is alive 10 the sharp
angles OF business VAS shown by his
characteristic summary OF tho plight OF
q realty owner who had confined his
holdings 10 INeNty-tHlTu street III MAN
haitian. His property is worth less
than It was five years ago, while sim
ilarly located property In Thirty-fourth
street ID worth more now thar then.'
he said. Now II he had a piece Of
property In both places he would be
even. one must watch the future and
scatter the eggs"
Here are the Texas corporations n
which Col. Green is n director and O
leading stocaholder:
American Exchange National EaAk OF Dallas
cdpltal 81 10000, stock quoted AZ 3.b, e1raIl.
% per cent. u.Aiiuilis.
American National Bank Of Terrell. capita
$500 900. farming 80 pr cent dividends,
FLORIST enterprises. earning 80 per cent. 90
uI,en Floral Nursery, handling cut flowers ex
,lusiSely. and the Haskell Avenue Floral Com
pany, and tho Southern Floral Company. handling
llants and seeds.
Tbs Murray Company. cotton plant. capitalists,
"Ths Tesss Bitul.,hic Paving Company. con