New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01

national calamity. HIS policies
dea'" reliciously carried ont.
vii y. ',,,rv sentimental effect may re-
l' 49,, win not be lasting. lie was one
sun croat men OF the country. 40
OF ''s am bs rendered to him which he
nVd not deserve.
Was a Patriot Says Untermyer'
eor,rol Untermyer. who was counsel Tor
nmio investigating committee, before
'' ,.h ur Moran testified, said
WIZ, tho death of Mr. Morgan the
~, ,osos one of it's most conspicuous
W. and our coutry sustains the ir-
hs1,e,.,bla loss of generous. patriotic
IT, IT,. Of rare breadth and public useful
cue rho art world, and especially our
Metropolitan Museum of Art VIII never
,b'e 10 replace him.
..,r,ato,er may be ones views of the
a. ~ orr financial and economic sys-
tho concentration of the control of
-. tbo fact remains and is generally
.-,,zod that Mr.. Morgan was ami
ii by high purpose. and that he never
,.,.i,,.lv abused his almost incredible
power. o-,. .;s...
It'd States RJbber Company. made the
,ouovvinr statement:
..u-o have great men in politics. in
.rce In religion and in literature. but
-. vorean stood alone in finance. and
,,,,bt If i'm our generation we shall see
lis ike again
A Leader in Many Lines.
rdvsrd T. Mccall. chairman Of the
,,.,l;c Service commission. said:
81 have lust this moment heard OF the
-, of Mr.. Morgan. and like every
o,aer American ciuzen. greatly regret
o,1 deplorc the same No one can CUES
ION his position as premier IN all move
'.,,,s that tend to make this country
-, and the testimonials ~ mis- fellow
49,. should be unstinted and unqual-
tee
.cot alone IN commercial life was he
emo marked and great leader. but also
While not SO widely known. nevertheless.
,s oouallv great leader in every move
msnt that tended to alleviate the SUI
tsrirr and 10 provide for the care and
sus,enance Of those who are unable u
care for themselves.
In dispensations for charity and IN ala
~ the sick his contributions we're bound
less and ! suppose Will never be- iullY
tnown. because of the great mocesty ana
consideration Of the man who WORKED
act for personal ACKNOWLEDGMENT but that
10 might better the condition of his TEL
low-nen.
THE loss 10 America is, in my Judg-
ment. irreparable."
Justice James W. Gerard, Of the SUI
irene Court. said:
.'Nlr Morgan was a good example o.
The man Of money who had ambition not
oplv for himself but for his country, and
he led where me was best fitted 10 lead
in the world Of finance. He. more imam
apv one else. made this country a world
noNer in the markets of the world. we
NAV moi agree a. to the wisdom Of great
consultations. but Mr.. Morgans consoh-
dat;ons especially in the steel trade, put
an end 10 the ruinous competition when
had resulted in alternate cycles Of great
depression and undue prosperity.
because ol llls' hc S'iiN''NN "
permanent benefit on the workingmen'
whose standard Of wages were formerly
governed bv the wages fixed in times Of
depression with the result that when
prosperity came 1t lasted such short
limo that the wages never achieved
permanent advance
"Ho took the lead in many charities.
Tho great hospital founded 10y him was
only one OF his benefactions. His gifts
~ works Of art have enriched the city.
IL had the almost lost quality OF stand
inr by MS friends. No one can take his
rlasc. Probably Mr.. Jacob II. Schiff VIII
become the leader Of the financial world
Nr Morgan's son and partners are
trained 10 take over his work and no de-