New-York tribune., 1911-04-09
E. +. sroTEsBURY, Lessor.

That is one OF the many ways In
which the millions at his command have
found investment
II ia interesting to bark back to the
beginning Of the Stotesbury career.
There is nothing more fascinating In lit.
.rature than the story Of the man who
has forced his way upward from com.
monplace beginning to carry marshars
baton in the business army. 1t Is fool.
,sb IN talk Of luck in connection With
the upward career OF a man like Mr.
Stotesbury. Every man mas the same
cbonce hut there are few Stotesburys
tIe would have won his way TO the top
had his destiny cast him into the legal
nrofession or the medical profession OF
any other line Of ambition. lie had
nothing but his own keen brain as assets
when he started In life.
MIR. Stotesbury is now past sixty a.
though he has the activity of man o.
forty He was sixteen when ne len
school. He had finished his educat0h
At the Friends Central School, 10 which
many boys owe their scholastic knowl'
edge in the Quaker City. He obtained
his first job as clerk in wholesaa
grocery firm. Had he stayed with tns1
firm he would doubtless have owned tns
business in course Of time. but the gro
gerry trade was too restricted sphehs
Gov tho future right-hand man OF ]. P.
Morgan.
He left the grocery firm after a shoH
time and got place In sugar renh'
cry In which his father was interested
Rut he didn't stay at that long, either.
Drexel & Co. gave him desk when be
uos seventeen wears old, and he has been
with them ever since.
At Drexels' the boy Stotesbury al
tracted the attention of the elder Drexe+
as we'll as Of the sons Joseph, FRANCS
and Anthony. Stotesbury showed nin'
self TO be a boy phenomenon when II
came to matters OF high finance and 10
short time he was conceded TO be the
/ foremost authority in commercial paper
in Philadelphia, as we'll as an all-arouM
banking expert. He was admitted 70
partnership in the Philadelphia, New
York and Paris houses controlled BY
Drexel and Morgan on January ], I'M
He is now the manager of the Philadel.
phia house Of Drexel G. Co, with sig
nature that is good for millions and
vast fortune Of his own.
Mr.. Stotesbury cares little for society
His wife died many years ago. He mas
two daughters, and, though they are
married. he sees a great deal OF tnem'
for he insists every now and then Oh
both leaving their husbands temporary
and returning to the parental home i@
stay. The Stotesbury house is COM
Portable e-looking residence in the fash'
ionable Rittenhouse Square district iH
art objects are worth a large fortune'
but few see them, for their owner nas
no fancy for the open house programme
He likes an open air life, drives n,ucA
sleeps we'll and regularly, lives slmpp
and nationally and enjoys life in qu'e'
way without any extravagant notions
He has no fads or eccentric fancies hs
two daughters. his pictures ana ~
horses make up his word outside 'n'
domain of business.
Stotesbury is a stanch Republican, III
was treasurer Of the Republican Can.
paign Committee when Roosevelt pe''
Bryan, and again in the TAFT campasm
In appearance Mr.. StoteSbury Is s'''.
and SLIM but with good bread'" '.
shoulder He is quick and active '''
no one would call him nervous FOR e'.''
nerve is under perfect control. lie wan.
briskly, talks briskly. is alert ana 'e"'
at all times. with the alcrtness az"
readiness Of the perfectly poised man
perfect health and absolute set'oo~
dence 1t is difficult t. imagine
Stotesbury finding himself IN any s'
alton capable of destroying ms P
Perhaps that suggestion of Mr. Morgan"
that he desert Philadelphia ard oeeo".
New Yorker came nearer 10 IL '''
anything IN his life.