davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
NO SUCCESSOR IN SIGHT
E. T. Stotesbury Sees No One
to Fill Mr.. Morgan'S Place.
WON'T AFFECT THE MARKET
Death Had Been Anticipated,
Says Head Of Quaker City
Stock Exchange.

Philadelphia. March 3l.-Market condi-
tions will not be disturbed ny the DEAN
Of J. Pierpont Morgan. said his Philld"l-
phia partner. T.. r. Stotcsburv. to-day.
Mr.. Stotesbury is deeply grievcd over the
d.,tb Of the dnancier. with whom he Mas
so long associated.
Mr. Morgan's death Is sad blow" h'
SAID. 1T is loss 10 charity as wei NJ
To anarce, Tor Mr.. Morgan was very
charitable. Mr. Morgan's death was graz
uaI as he failed I'm the manner the caple
dispatches described.
Il 90 not believe tho market VIII pe
affected. TO the moment OF ms dc'lh
Mr. Morgan was the head of the irfh nc
was a great financicr. and II remains '"'
tho future TO say whether his SUCCESSOR
will fill his place. II IL impossible 10 say
how the business will bc reorgani@ed OF
who will succeed Mr.. Morgan.
Mr.. Stotesbury said no one indi'luua'
had been chosen to take the place al MI
Morgan at the head of the hnsh'H'
world. but he let it he known uhl NV
affairs Of the house of Morgan are 81
well arranged that the death OF the nai'
will only make a slight ripple VI inc
financial world.
..Tinc alone will tell" said Mr.. Stotes-
hrrv. "who will take the helm IN th'
financial world. There always seems u
mo a man to fill the place of iaieh
lender but Mr.. Morgan loomed 20 Ok
,nd large and filled 80 big place thd'
-, rresent / can think of 40 one duailhed
60 ,alte M his work where hc left IL on
o,hcr than strictly routine business
ubich could not be stopped. there was no
,.c,i,.i,,, at the bank OF Drexcl y 60. thls
.r,t,c AZ Ia o'clock this morning
I'm, cranc WAS attached to the front door
e,,,i,or with "A card bearing the inscrip-
ton.
..cIo,od on account " the death OF j.
piorpont Morgan. wnicn occurred III
Rome at noon to-day.
Io,ning with Mr.. Stotesbury. many o'her
local bankers and business men eApresseu
their sorrow at his death
rred T Chandler. president OF the
philadelphia Stock Exchange SAID
"Nr Morgan was Individually the great
go, aranc,er America has produced ana
l., tho bankers Of the world. HIS
d.otb is a genuine loss. But MS ue"'''
..il make little difference III BUSINESS Al
fairs The world was well prepared TOT
,,o de,th Saeacious business men, know
10 Mr. Norgans age and the treineh-
80. RESPONSIBILITIES resting upon them
,,ticipated his death and were reaoy ior
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
LONDON MARKET TAKES
MORGAN'S DEATH CALMLY
Buying Orders from Wall Street
Steady Prices in Shorter's
Court.
Try Cable to Tho Tribune. J

London April THE news OF the
death Of J. Pierpont Morgan was very
calmly received by the American mar
kot here. The opinion in Shorter's
Court was that the event would cause
no disturbance i'm the market. because
in tine first place il had not occurred
quite unexpectedly and in the second
place Mr.. Morgan had practically re-
tired frora business some time ago.
When the news first came through
Americans dropped little. having
opened under parity. but on the official
opening Of Wall street buying orders
reached this side probably from bears
who wished to cover. and the list inn
proNed
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
ALUMNI DINNER POSTPONED
Graduates of Southern Univer-
sity Defer Meeting Until May /.

The following announcement was made
last night by DR.. John n. =. Hodgson.
of No. % Washington Square, chairman
of the executive committee of the New
York Alumni Association of the Uni
vcrsity OF the South, Sewanee, Tenn:
Because OF the death Of Mr.. j. =. Nor
gan the annual dinner of the New York
Alumni Association of the University or
the South has been postponed from to-
night until the evening Of May !.
MIR. Morgan has for many years been
a stanch friend and benefactor Of the
university Last December he was pres
ent al the alumni dinner. held AT the Uni
versity Club. on which occasion nc
pledged to the chancellor of the uni
versity $4,000 toward the endowment
fund Of the institution
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
DEATH BIC
LOSS TO CHARITIES
Barnard Refers to Late Financier as One OF
Main BuIwarks of Phianthropic
World -Other Comments.

and uce-presdcut 81 tho Russell sage
Foundation. Mr.. de Forest said.
or can think 81 10 man in active ousi-
ness lie whose bcuefactious were so
broad and So generous or whose loss
will Doe more kccnly felt by all the phil
.authropic institutions or New York. ils
generous GIT OF "a building to the Lying
in Hospital of Now York and his con-
stunt interest I'm that institution are well
known
.IIe was for over twenty years treas
.ror OF the charity Organization so
cicty and member of other organ'za-
tions. bat his relation TO philanthropy
Was more largely on the side OF hperai
e.vine than of assuming Office or oecoth-
ips. q member OF a board Of manage
mcut"
Michael j. Drummond. Commissioners on
ri,ritie- commented particularly on INC
,,,rt done AT Mr. Morgan lnstdhIe
.,uonc the poor OF ST George paIlsn'
,f which the dead inanci"r was Hlelll,
h,r IA 10 the loss sustained lh -rh,,a'
i,. tb. cause ~ charity through M
Aioreau's death. Mr.. Drummond sd"
'"ftis departure will be great loss 10
tho cause of charities generally ana ny
Viii boz missed IN all charitspie couiio"S'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01

e. whom +, came We have passed throuE"
a ncriod Of liquidation, and the death
could no, have come at a more opportuhe
time Mr. Morgan doubtless knc" Una.
the end was near. and he had arranged
his affairs and left every thing IN shape
,o, inf. son o. take immediate charge 50
,b,t ia. change will create scarcely a
r.p,ic ON the surface Of the business ana
financial world"
John Andrew Myers. acting secretary
PENNSYLVANIA Academy OF Fine Arts:
"Thc death Of Mr.. Morgan Will be Keen
r.. felt by all persons Interested IN the
devolonment of art. The influence ne
oxcrtcd-much Of it indircctly-ln stirrlhs
IN 70 productive energy tho talent
TOR creative art among Americans. while
at the same time stimulating the interest,"
Of the masses. was incalculable.
"Nrr. Morgan took the lead among
roalthv Americans in the importation of
tho worlds masterpieces. ana many
nnancicrs followed his example. As n
CONSEQUENCE Of this. American artiS's
and art students too poor to go aproao
have been able 10 see and receive IN
s,lration from the best things inc
eonlusos have produced.
surrragan Bishop Thomas J. Garland. OF
the Episcopal Church. Of the PennSy'-
yania diocese formerly of Ne" YORK.
said
"Thc death Of Mr. Morgan Is ire
moudous loss To the Church. JIG was Il
generous bcncfactor 10 81 George .
narish. in New York. lie built the large
maternity hospital near 81 George
church and supported H. II was MS
custom on Sunday mornings a'uI
vices. to visit the hospital to see II any =
thing was needed. He never missed '"is
,.;sit whom ne attended church.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01

interests in the house Of its chief rival.
the National City Bank
J. Pierpont. jr is on the directorate
Of the National City and does his work
there we'll The other members referred
to him jokingly as the viceroy.
Charles Steele is the great legal nina
Of the house Of Morgan lie has NAL"
a profound study of corporation Law.
Every legal question connected with tine
promotion or broadening of corpora
ton is passed upon 10y him. lie pre-
pares all the papers after other MEM
bers of the firm have thrashed out the
detail i'm regard TO bond ISSUES. iodn'
consultations. agreements. t"Hu q.
and such things. lie does not 20 ~ ="
court other lawyers arc cuSaEch lD
that part of the work. but ne Is ~" ~
recting chief SO far as the legal WachIh-
cry H. concerned
Thomas W. Lamont tho NouiE'0' 20
the partners. is an unusual rhaI''i'l
He has a wide range of Interests it' lr
a master Of salcsmanship. flitc'n Ncai :
ago h. was reporter on me- NV ; % :.
Tribune He. too Us "A graduate ol Una
First National Bank school of nnanc'.
He and Mr. Dawson work like team
lie represents the Morgan interests lh q
great publishing corporation ana ne con-
trolls "a big breakfast food proHu'| "
great ChocOlat" mouse. Iatr
concern. "a shoe industry ana "a TOT %.
other enterprises. He b. Nlcc-pre-ld'ul
OF the Bankers Trust COmpanN, Which
was Morgan's pet institution and IS dos,
tined 10 be one Of the biggest financial
corporations I'm America
William Pierson Hamilton ig great
grandson of Alexander Hamilton ~"
married Juliet daughter OF j. Pierpont
Morgan lie specialiZcs in insurance.
The interests OF the Morgan house ln IN
surance companies IS immense. Inc
public knows pretty we'll what the in
terests are in the life insurance field.
but they are almost a. large IN the flr"
Insurance realm Mr.. Hamilton looks
after the firms insurance AFFAIRS hot
only in America but in Europe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
INNER LIFE OF MORGAN FIRM
Partners Chosen by Late Fmancier Represent MANY
Diverse Types-Some Graduates from College,
Others from university Of Hard Knocks"

old-fashioned. The furniture is old and
there are comparatively few modern office
appliances
Most OF the men have clean shaven
chins. Mr.. Morgan liked to see a mans
chin. His own chin was clean shaven.
SO far as is known there arc only three
bearded men among the hundreds In the
Morgan bank
Downstairs there is private restaurant
where the partners and lost of the
clerks eat their luncheon Occasionally
a visitor is invited to this private eating
place. Back OF the main banking room.
on the Broad street side. thcre are various
private rooms that are used for consulta-
ton quarters. These council rooms are
as modestly furnished a. the main Office.
Only men Of large affairs are taken into
the council chambers.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
NO COMMENT FROM JOHN D.
Oil King Learns of Morgan S Death
in Silence.
IBy Telegraph to The Tribune J

Lakewood, y. J.. March 3l-John -.
Rockefeller. who is at Lakewood. de-
clincd 10 make sny statement upon led'n-
ing of the death Of J. Pierpont Morgan
Il was stated that Mr.. Rockefeller had
nothing TO say. but that il was possip''
a general statement TO the public might
he issued later on. The Rockefeller house
is carefully guarded.
Mr.. Rockefeller would not consent 10
converse with any one personally. ana
his representative Informed all inquirers
that he had authority 10 announce that
no statement would be forthcoming
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
NO CHANGE IN POLICY,
SAYS MORGAN FIRM
Crowds Gather at Offices at
Broad and Wall Streets to
Learn News.
PARTNERS IN CONFERENCE
Famous Banking House Closed
Ali Day and Probably Will
Not Open Again Until
Thursday.

With the shades drawn and all but a
narrow section of the big folding iron
doors AT the entrance closed. the banking
house OF J. =. Morgan & Co. at Broad
and Wall streets. reflected the death Of
It's head yesterday i'm an atmosphere Of
silence and sadness. The large flag above
the door hung at half-staff and tapped
IN the ftful gusts of wind aud rain near
the heads of the curious crowd that
gathered to read the notice of Mr.. Nor
gan's death posted on the door. The
Office was closed for business during the
day 1t was said it would be closed for
business to-day and tomorrow.
The news Of Mr. Morgan's death
reached the banking office OF the firm
shOTcIy before o'clock. on account Of
the early hour only a few clerks were
on hand. All kinds Of rumors were in
the air. and the employees were not OK
pecting good news. A telephone bell
rang and one ~ the clerks hurried to
take down message. apparently from j..
y. Morgan. jr. few minutes later "A
note. written with pen. was posted on
the banking house door. II read:
MIR. J. p Morgan died at Rome, Italy.
this morning at 1905 O'Clock"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
Son Resembles Father.

]. Pierpont Morgan. jr.. who Will sue
coed his father az head OF the house. was
the ambassador Of the firm. He person
allv represented his father in many in
stitutions. lie looks very much IKE the
elder Morgan did. lie has rot his rather
brilliancy, but he is strong, vigorous
person. nevertheless. lie lived In London
so long that he has many OF he English
habits. lie has more diplomacy than his
father had. and looks after the Morgan
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
Dawson Speaks for Firm.

Mr.. Dawson. speaking for the firm.
said that there would he no further
statement made. The crowd hung on in
the hope that some details of the great
fnancier's death would come from his
office Many men prominent in the tinan-
cial district climbed the steps 10 the
darkened banking rooms to make per-
sonal inquiries. Most OF them were
turned away with the answer that there
would be no further information obtain
able ar the Office Of the firm. Half a
dozen newsboys gathered at the corner
Of Broad and Wall streets and lid a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
All FLAGS at Half staff.

Immediately a large crowd gathered at
the entrance and read the announcement
with respectful silence. All day long a
quiet knot of people gathered at the cor
ner At the luncheon hour the crowd ex-
tended over the sidewalks into the adj
Joining streets. The flag on the Sub
Treasury. opposite the Morgan Offices in
Wall street, was placed at halfstaff soon
after the notice appeared on the door.
The flags on the rest OF the buildings in
the financial district soon followed. Later
in the forenoon the note on the door was
replaced by a printed announcement
which read.
CLOSED on account Of the death Of Mr..
! Pierpont Morgan. whose death occurred
In Rome at noon to-day
Mr.. Morgan's partners began 10 arrive
at the banking house soon after 10
o'clock They were all there during the
day except J. p. Morgan. jr.. the dead
bankers son. Henry p Dawson was the
first 10 come Then came Thomas La
mont and W. II. Porter two other mem
bers OF the firm. The three men went
into conference al once. The crowds out
side and bankers and brokers generally
in the financial district awaited a state
ment from the firm. Following II further
conference Of the members OF the firm
this statement was issued:
In answer TO the many inquiries re-
ceived. J. r. Morgan q Co state that
Mr.. Morsans death will occasion no
change in the firm; that is his interests
will remain and the business be con-
Quoted as heretofore.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-01
FoiIs Armed Crank.

A crank came to the window one day
With q note for 81 90 in one hand and
pistol in the other Mr.. Devisor smiled
at him, took the note and Iead IL Inc
paper was as follows
"Astor Place Bank. They promise 10
nav 10 the order OF Almighty God the
gum of 81 600 when presented by Charles
Freeman. Penalty II forfeited. death.
MIR. Dawson, still smiling, said;
you will have TO be Identified
lie smoke i'm tone loud enough TO at
tract the bank detective. and when the
detective was close enough to hear plain
lv Mr.. Dawson rcrcad the note aloud.
rbon Dawson suddenly dropped behind
the counter and the detective sprang
upon the crank The minute the visitor
was taken out of the bank on his way to
bellevue Mr.. Dawson resumed his work
&C having teller as calmly as If visitors
with pistols were everyday occurrences
while working IT. the bank Mr.. Dawson
studied law al night. lie was so capable
that George +. Baker took him out OF the
Astor Place Bank and MADE MN VICE
nrosIdent OF the First National. lie sun
holds a position AT the FIRST Nauoiai
and is on the directorate of the national
Rank Of Commerce and forty other big
institutions. But he devotes most OF his
time 10 the Morgan bank
William H. Porter rs the great CONNER
cial banker of the Morgan house lie
used 10 be president OF the Chemical
Eank. but gave up that position to JOIN
Mr. Morgan. Tie directs all the purely
commercial banking affairs Of J. Pierpont
Morgan & Co. He is one OF tho greatest
students of banking affairs I'm the world
and one Of the most accomplished of men.
lie kecps in close touch with drygoods
affairs. with jobbing industries. with the
Touring trade. ocean traffic and lana
traffic the fruit and produce business and
all the great branches Of commercial HE.
He watches trade and commerce closely
and has n remarkable knowledge of what
q thousand business concerns are doing.
He was a big man as president OF the
Chemical. Some Of mis- friends thought
he made a mistake in going with Alr.
Morgan. They believed he was Oie
enough 10 stand alone and that he was
dwarfed by reason Of association WIN
the former colossus of the street
The copper era and Morenci leader., 1913-08-22

him transmitted to the First State Legislature, covering the fiscal year ended June 30, 1912.
 tTn the selection and appointment of the present superintendent of the state industrial school, MT. A L. liar per- I have likewise had no part, and since I have been denied any oppor- the selection and appointment of these officials, l have consequently felt no compunction as result of their official administration.
 However, I can readily conceive that the conditions which faced the present superintendent at the outset of his administration were not en- couraging. These conditions result ing from palpable incapacity, utter incompetence, fragrant immortality and absence of discipline which char acterized the preceding administra- tion, together with the intermingling and association of 'honer" felons from the state prison. who were .plac- ed at the institution in the capacity of tutors without authority of law.
 While regretting keenly the pres ent apparently deplorable situation as it affects the state industrial school nevertheless, in the disposition of it I feel only a passive interest, in so far only as it affected by it, the in stitution's official personnel
 "J c. CALLAGHAN, State Auditor and Member Board of
 Control
 The charges against Superintendent Harper, which caused his removal, al legged that he had whipped a boy from Douglas named Gray, in cruel and inhuman manner
 Accofding to Whether, who visited Governor Hunt, the executive wished to cover up the criminal prosecution and to dismiss Harper without hear ing whatsoever. The attorney also says that when he went in to see the governor yesterday, the latter was very bitter against Harper and declar ed that if he had been in Benson he would have been glad to see the boys of the Industrial school take Harper out and give him a dose of the same medicine given to the Gray boy. The governor is also credited, by Which ter, with declaring to him that he was going to try to suppress the prosecution.
 Gilmore, county attorney of Cochist county the following:
 -''I came here from Globe as at torney for A. L. Harper, superintend ent State Industrial school, to demand an impartial investigation by tht Board of Control of charges agains Harper. Governor Hunt informs mt that Secretary Osborn's investigation at Benson will be the only investiga tion and will be adopted as the in vestigation by the Board of Control Also Governor Hunt informs me tha he is trying to smother a proceeding indicted by you against Harper.
 insist that you proceed against liar per, and permit nothing. to be smoth cred AS his attorney I pledge yol that nothing will be smothered by ol on behalf of Harper, no matter whs the outcome. It is reported by z
The copper era and Morenci leader., 1913-08-22
THE PANAMA-PACIFIC
EXPOSITION.

EHHOSI ION.
 Of the great expositions that have
 been held in the United States none has had a greater occasion than that
 which is to be held in San Francisco i in 1915 The celebration of a won-
 derful engineering achievement is of
 more practical interest than the com nlemoration of an anniversary Broad economic results which it would be
 difficult to predict in detail are cer-
 iatn to follow the completion of the epochal work which will connect the two oceans at Panama. Such har-
 bor frontage as the Pacific coast pos
 sesses will face a flow of eastern commerce which it has been impossi-
 ble to receive under the old condi-
 tions The canals effect upon the
 distribution of trade, upon the inter-
 change of productive forces and upon
 the drift of populations can only be
 generalized, but results of this kind are beyond dispute. It is, therefore,
 the best preteXt imaginable for the 1 holding of one of those eXposltlonS of arts and manufactures which from
 time to time have illustrated the progress of the United States. It is,
 moreover, probable that the eXposi- ton of 1915 will celebrate a condi- tion of industrial activity throughout the country, if we may judge by the | tendencies of the present time, and it is accordingly of peculiar value to the West. A great exposition IS es- Sentially an advertiSement-ap ad- vertisement of epic character Epics
 in these days are not written in verse
 but in the rythms of action. The West has a story and development
 of it's own which can prohtably be advertised, and we prefer to think of the Panama exposition as an event of western American flavor tho n as cosmopolitan affair.-Mining Sci ence
The copper era and Morenci leader., 1913-08-22

local paper that your deputy sheriff is in Phoenix to bring Harper to Co., chise county Have him call on me at the Adams hotel Harper is ex- pected here tomorrow morning to meet the Board of Control and hear Osborns report and he and I will go direct to Tombstone, or where ever you want him."
 County Attorney Gilmore at once replied to the Globe attorney, which follows:
 Your telegram received. Howe, deputy sheriff referred to, was to arrest Harper and to bring him to to set the hearing for next Monday if deputy sheriff has travelled on schedule time and Harper is in Ben son, this is what will occur. Could not set preliminary earlier for the reason that Friday 1 have two pre- liminaries for assault with deadly weapons and Saturday have a pre- liminary in murder case. I assure you Hunt will not smother investiga- | tion here. Harper is entitled to the facts. Answer if Monday is satis- w. G. GILMORE.'' More Trouble.
 TOMBSTONE, Ariz., Aug. 1S.-Not- Withstanding the fact that A. l.. liar per was summarily removed as su- perintendent of the State Reform school the troubles of that institution seem to be multiplying On Satur- day night three boys made their es- cape from the school and on Sunday night three more made their get away, according to reports reaching Tombstone.
 When word reached Fort Grant that Gov Hunt had discharged Har- per as SuDerintendent, according to reports reaching here, all the former civilian employees who were carrying 1 on the state work at the new inSti- l tuition, threw up their jobs and left, ! leaving only a few boys at Grant with no one to look after them eX- cept some honor convicts that were 1 sent there to assist in the work of preparing the old government build ing for use in connection with the re- form school. Whipple, the new su- ] [ sri- endent, is yet at Benson try ying to straighten out the tangle there.
 As Governor Hunt ard Superintend- ent Sims, of the state prison are now en route to Flagstaff where they will meet Mulford Windsor and then pro- , ceed north to witness the Hopi snake dance. there is some wonder as to what will come of the reform school muddle until the executive re. turns to the state capital and gives his order in the matter.
 Governor Writes Letter.
 ,t is rumored in Tom bstone that MT. Harper, the deposed superintend- ent, has letter written by Governor Hunt in which Hunt said that he regarded the story about the whip ping of the kids as merely trumped up newspaper charges. This letter, f made public would make interest ing reading in connection with the manner in which the governor threw the hook into MT. Harper:
 ~ Harper Hearing.
 The preliminary hearing of the