The evening world., 1913-03-31

the direction and sway OF J. +. MorSs
Out and over the surge and shiftias
Of finance In this generation and the
last crossed the gigantic figure OF j.
Pisrpont Morgan. 1t IL seemingly I'M
prsgnable, seemingly indifferent to the
strain OF the dollar scrimmage and the
wear Of the long nifty years.
Men younger than Morgan by tens Of
years have stood near him for a little
while and have been dragged back and
out Of the battle by WEAKNESS and
death. by panic storms and by over
estimating their own strength and
genius.
Until his death he kept the leadinG
oaAcs which he took soon after he Ell
tsrsd the turmoil. The crowd grew
greater all about him. But he grew
faster than the crowd grew. Now and
then his massive figure was obscured
. little. Observers from without ct
~ the cry that hei,was down. or at
least crippled. But when the confusion
Usttlsd he stood still In the centre. .
0ttls greater. . little grimmer. . little
more hrmly planted than sver.
Lord Welby. for twenty years Secre-
cary Of the British Treasury. within two
years gave this unprejudiced and re-
mote estimate Of Mr.. Morgan's import.
Ancs:
IL you ask me II Mr.. Pierpont Nor
Uan's new money trust will help you BY
= prudent exercise Of its powers, shall
Ask you In reply:
rs Mr.. Morgan going to be acknowi.
of the American state? OF all coun-
tries ! should have thought that q re-
public would have been the last to rely
on the extraordinary wealth Of one man
70 preserve Its banking system and
maintain Its credit. I should be sorry
10 think that the great state Of the
West 10 now going to allow It."
WORKED MUCH, BUT FOUND
TIME FOR PLEASURE.
Morgan worked almost to the end Just
- hard and just as effectively as he
haA before any Of US ever heard Of
Ryan. Hartman. Rogers or Whitney.
He spared himself and has made his
lollars hunt and bring In other dollars
where they wrecked their lives. their
healtn. their fortunes trying TO grasp
Ind hold great masses Of money-most
u which became his property and his
Weapons against them and others In the
hter years
In II all he had time, as mos, o: them
tad not. for the enthusiastic apprecia-
Ion Of the finest things Of life which
k.n hail he ri oh mo Thu
Inc arts, literature. science and sports
iave been his almost with the measure
81 that mastery which he has made the
lollar world feel.
But he never wasted time creating
things. There was nothing In the world
which ne ever wanted which he was
lot able to make somebody else make
Tor him. He never built railroad or
developed an empire with whlc% to
make 1t prosperous. Even In banking
10 took the small. and by adding small
lhings together. he made them great.
By strategy In the management OF great
interests he made them enormous. until
low the whole was In sight II not
hlready a working fact. For 1t is doubt
iul whether there II a financial group
n the 1ulleu BTtat VI
which would have refused his command
Today.
The fact that he never made demands
which were, In the largest sense. UNI
reasonable does not lessen his power.
It was William Travers OF some such
wit who observed: Commodore Van
aerbAlt Ii not an unreasonable mamie
never takes from any man any more
thaa that man has" Mr.. Morgan never
took from any man any more than he
thought the man ought not TO have. and
the wonderful judgment and self re-
straint with which he could use that
power was one Of his very greatest at
tributes. There was an incident In the
banjo Of 1907 which illustrates ;he sense
In which this Is Written.
HOW HE SAVED HARTMAN
AND .ET HIM ALONE.
\, H. Hartman was IN trouble IN that
psafc. II it had been a full grown PAM
instead OF preliminary h"eiNdown
which Mr.. Morgan suppressed 10y the
vstGht OF his own vii, T.! al MS re-
seurcss and his stll more wondei"u
mastsry of men, II {; md gone i;s fa.l
a--A - nsaie IA (ktaaan miAhl