The evening world. [volume] (New York, N.Y.) 1887-1931, 1912-12-19
ELLSSECRETS OF HIS VAST FINANCIAL INTERESTS

NIL
--
.O.r w. rsts" .s,d
Mr.. Morgan.
They don't often refuse' DO tnsSr
"T,sr vou aver ,bem snotbsr oppor.
tunltvg" "yss air"
Wr irn,.rmv.r sskeS ~ tbsre were
not many hanks in New York not al
iowed IN ma r,icipate in the Morgan I'M
derwrlt,nr,.
MANY don't want to participate," re-
o,,ed IN. vjtn,ss
Mr.. Morsens throat became husky
ana he turned 10 his 6aushter. Mrs.
satterIec ana asked for A throat tablet.
Mrs. satteriee produced Il from Q
hanabeS
"Do Won want a s,ss, of waterY.
asked MIR. untcrmyer.
"So thanks." said Mr. Morgan
.is To- vou yss trad" .ngxe.ted NJ I'm.
,srmver. "don't he.itste 10 .ny so...
arm not tired" returned the imam.
cicr.
can vou tel, II, NJ tho amount Of se-
eurItI.s MARKETED nv vour Arm wear nv
YEAR,.
Mr.. Morgan cou,d not saw. 10 did
NOT bc,Ieye n wouId amount IN Z, oSo ooD.
ooo a year ue agreed 70 furnish q
statement "a show Tho amount.
IL think irs generally overe,t,mated. :"
he remarked.
.ou Ma oN,va,o,,, amman
W.T. W. oN@' Sooo' = M'II'oN
DOLLARS WORTH"
Mr.. Norpa, ,oot i'm ,b. r.,.,,or. n,
the Morgan Arm ana The F,rst Nst,on.
nj Hank which he reserrsd 10 y. .psE.
er's bank" He said he, personally. had
been close 70 ueorrs r. B.her :slncc
is3'' He said the two Arms worked
together in a great many bond and
stock issues. Mr.. Morgan could not re.
member when the First Securities Com
pany was organized or whether its
board Of directors was Identical with
the board OF directors OF the First Ma
tional Bank.
Mr.. Morgan said his son. not himself.
was a director In the National City
Bank.
"8ut you are Q large stookholdsRr'
suggsstsd M. Untsrmysr. "oh, no,
only about . million dollars worth"
said Mr.. Morgan. Ne seemed sur
pSassd o. me general laughter thaS
greeted the answer, bus yoansd n ~
III. untsrmyer asked u ~ we're
large ssockAoldeS IN ne national Denk
Of Commerce.
"No," saaa H. Morgan, "maybs .
maiAon dollars" Re oonsultsd mo.
msnt With Henry ?. Dawson, one Of
his partners, ana Anaaiy sAAA el,ooo 900
worth Of seec9 N ths Ssnx OF CON.
msrcs wss held ~ his arna, ana $685.
600 wersh ~ partners N the hrm.
"To whom DO you leave details OF
Management IN the case Of banks
Identified with your arm~ asked Mr..
Untsrmysr. ITO any member OF the
hrm who happens TO BE- familiar with
the matter" said 19r. Morgan.
1er. Untsrmysr ssfed u me Morgan
house did NOT leok sftsr the prosperity
sad welfare Of the banks In which 10
had holdingS.
I'VE don't bother Ourselves much
about that, they look after themselves"
saAd IT. Morgan.
: "Dut members Of your Arm are ON
"And they are supposed TO look out
for the interests Of your nrmr ''Yss."
"Ana they rive their tims 70 tt7"
Eyes. I have always said they give
too much time said ler. Morgan.
1GY. Morgan saad he knew Of only two
in the nsrrss house, organised for ne
haa diinx o. securities.
"You eetablishsd one for the 0haoago
nrsaA vestsrnSv asteA m. Vnter,u ySr.
"Yes. forreN thaN."
sFhere vns enc fer the international
IarvesHsr oompaayT" ~ IA not know
an vthin1 about thetw
.rnt r. ~ IN your o1osSw Eyes. Z
vustr n vaa. buH AGY. Rerkdus had
.ssrS. -, Sh.tw sssA ~. Yforvnl.
"nS. -. SsS,w Srov s.v%n,nS snou>
.. ~ az .,-, az "a Al the usnsrs
~. Not havw saiA TT. MORTAR.