Great Falls daily tribune., 1920-06-19

LIlo OIllCdSO COllFcIlIioI.
The affection to which Mr.. Perkins
succumbed is believed to have been the
result of influenza and pneumonia con-
tracted while serving with tie \. M. y.
A. in France during the war. :.
A statement by the dead financier.s
physicians given out at Mr.. Perkins of
flee gave the time of his death as 2:15
a. m. Friday. Death resulted from an
attack of "acute inflammation of the
brain. the result Of complete nervous
exhaustion due to intense and continu-
Gus overwork," the announcement said.
The death of Mr.. Perkins was par
ticularly unexpected, it was said at his
offices, on account of his having recent
ly survived a very serious heart attack,
after which his family and friends De-
Iieved his constitution sufficiently ro-
bust to throw off the malady.
1t was said the funeral would take
place Sunday afternoon at the Rlver-
dale PRESBYTERIAN church in the Bronx.
The services will be private.
Morgan Mourns Friend.
Distress over the loss of an old friend
was expressed by j. Pierpont Morgan
when he was informed Of Mr.. Perkins
death. He said:
Il am deeply distressed at the news
of Mr.. Perkins death. He was friend
for more than twenty years and very
active partner for ten years"
With Mr.. Perkins at the time of his
death were his son, George. W.. Jr.. MS
daughter. Mrs. Edward Freeman, and
bis sister, Emily Perkins.
George walbridge Perkins, for 10
wears a member of the firm of j. T..
Morgan & Co., was reported to have
first suggested to and persuaded big
business" to adopt profit sharing in
surance, service bonuses, sick beneflts
and old-age pensions.
He also is said to have inaugurated
the plan which permitted employees OF
the United States Steel corporation and
the international Harvester company, in
both of which at one time he was an ex-
ecutive, to purchase stock on install
ments and at less than mraket value on
the assumption that industrial justice
In the most profitable OF investments,
that justice promotes peace, peace pro-
notes prosperity, and that the WORK
mems prosperity is necessary to the
prosperity of the business man."
Mr.. Perkins was born in Chicago,
Jan. 81. 1852, descendant OF JACOB
Perkins, an English ancestor, who set
tied in Boston in 1851. His father
George w. Perkins, long engaged in
the shipping business at Buffalo, was
later a pinoeer in the life insurance
field. The son entered the insurance
business in Chicago when 10 as clerk:
became a bookkeeper. an agent and
subsequently, manager of Cleveland
office He went TO Denver and was
made vice president of the New York
Life Insurance company. His achieve
ments attracted the attention of the
elder Morgan and in 1900 he was invited
20 become a member of the Wall street
firm. In this capacity he negotiated a
number of big foreign loans. He re-
mained with J. p. Morgan & Co. until
1910, meanwhile becoming director of
numerous large corporations including
the steel and harvester companies, a
number of railroads and the lnterna-
tional Mercantile Marine company.
Retiring from business a few years
later as he said, ito devote myself to
other work Of public and semi public
nature Mr.. Perkins wrote and spoke
frequently on the subject of industrial
Justice and when Colonel Roosevelt
became progressive candidate for the
presidency in 1912 he became chairman
of the national executive committee Of