The Washington herald., 1918-05-26

MT. DAWSON Wnlle upon MS Nibil
abroad was rejoiced TO find that the
millions expended there by the Amer
lean Red Cross had been wisely and
economically expended and had
proved to be Of inestimable value to
the soldiers and also to those who
had suffered and are needy. He re-
turns to the United States prepared
to begin a campaign for 800. 900
additional. When this money Is
raised then within a year s2s5. .0oo. 600
will have been subscribed by the
American people under the leadership
Of these two men. for benevolent war
work.
One hundred and sixty-hve million
dollars was subscribed in June and
October of last year and that vast
sum represents the Individual service
or leadership of two men who at one
time were subjected to criticism, II
being stated that one of them repre-
sented the so-called money-power and
the other the tendency towards
monopoly alleged to be the funda-
mental purpose upon which the great
corporations Of the United States were
builded.
Were Finance Leaders.
J These two men, George w. Perkins
and Henry p. Davidson, had gaineu
Nigh distinction among the leaders OF
! finance. and Of the greater construc-
| tive work of the time for their un-
usual ability and for some remarkable
qualities of intellect and Temperament
which made II possible for them to
achieve greatly. By what may seem
now to be a strange coincidence bot
; were. and one OF them now is, par.
ners In the house of ]. p. Morgan
q Company. Mr.. Perkins was Of that
relation for ten years. having with
drawn on January LIST, 1911, so that
| he might devote himself to public
/ service and to the great work whicn
was his original and exclusive con-
ception. which is represented by one
OF the worlds greatest parks, the
Interstate Palisade Park of New York
and New Jersey.
Mr.. Davidson became a partner in
the firm two or three years before
MIR. Perkins retired. Although both
were Of this leading international
banking house. nevertheless, Mr.. Per-
; kins was never properly identified as
a banker whereas on the other hand,
Mr.. Davidson was always OF that
business relation. Mr.. Perkins re-
sponsibilities while a member of the
house Of ]. p. Morgan & Co. were
exclusively associated with construc-
tive work part OF It represented by
| the Organization OF the United States
steel Corporation, part OF It, by the
, oraginzation and development OF tn.
international Harvester Company.
Mr.. Perkins at one time said that
in his entire ten years of partner
| ship relation with that house. he
never went behind the counter of the
banking department.
Perkins Began HumbIy.
On the other hand Mr. Dawson
has been since he began active life
associated with banks, at frst in a
humble capacity. Not long did he
remain in such capacity, for hi.
abilities were early discovered and
his services were secured for i'm
portant executive work in one or
another of the leading banks of New
York. Some of these services that
came within the observation of the
late ]. P. Morgan, and he with his
customary swiftness OF Judgment
decided that Mr.. Dawson would be
or great service II he became q
partner in that banking house.
So also Mr.. Morgan had observed
certain constructive work which
had been done by Mr.. Perkins while
still a young man. especially the
perfecting of the organization which
made 1t possible to secure millions
of dollars worth of business for the
New York Life Insurance Company
This achievement was so unusual
that Mr.. Perkins when a little past
thirty years Of ago, became vice
president and for few days was a
person Of great interest throughout
the country. through the announce
ment that he received a salary of
$4,000 a year. every penny of
which. in view OF the president OF
the company and the directors, was
fairly earned.
In these two demonstrations OF
ability Of unusual kind which were
made by Perkins and Davidson
while still young men, are now to
be discovered in the extraordinary
qualifications that enabled each OF
them to make worlds record in
securing subscriptions for important
philanthropies.
| Very likely each Of these men
were further qualified at least for
the details of the wonderful organ
ization which they built up IN q
| few days. by service which they
performed. for a few years before
the beginning of the European war.
Mr.. Perkins, after he retired from
the house Of ]. P. Morgan & Co.,
devoted himself exclusively to pub
lie service. He brought order out
Of chaos. voluntarily and without
| remuneration. at a time when the
food situation in New York City and
State was dangerous, almost des-
perate. Some of Mr.. Perkins
achievements in relieving this situ-
alton. will, when full record of them
is made. read almost like romances,
but they were hard facts.
The Great Palisades.
Furthermore. Mr.. Perkins per-
fected the organization in these
years which made 1t possible for the
worlds greatest authority on ma
tional parks. to report that one OF
the greatest of these parks. a sys-
tenn which includes all the Palisades
| on the Hudson and stretches back
for miles reflects the original con-
ception and the highly perfected or.
ganization work done without re-
muneration by Mr.. Perkins, which
now represents an investment OF
nearly $1o.ooo,o0o. part of it con.
ributed by the States of New Yorl
and New Jersey and part by indi.
vidua1 subscriptions.
| While Mr.. Perkins was thus oc.
cupied, his former associate in tn,
house Of ]. p. Morgan and Company
was engaged in momentous under.
takings. one at least of them. a
the request of the Secretary o.