Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-06-19

To nave iuaugurared the plAn winch
ps,ruir1ec empioyes Of -ne United
States Steel Corporation anu me In
tarnauonaI Harvester COMPANY, n
moth Of which ne waS al one lrne Al
executive, TO purchase STOCK on IN
sralrnenlE and a. less Gnan market
value On the assumption -nat indus
trial justice Is rhe most profiIahle
OF uvestmeuts. that Justice promotes
peace, peace promotes prosperity and
that rle workmen prosperity Is
NECESSARY To the prosperity Of the
business man"
M Perkins was born n Chicago,
Jan. q. 1867. & descendant Of Jacob
Perkins. an English ancestor wnD
seI1led II Boston n 1851. His father
George Vt. Perkins. luug engaged II
The shipping industry Il Buffalo, was
later q pioneer N the lie insurance
field. The SOD entered me insurance
business II Chicago when II as a
clerk Dacarne a boukkeeper. an agent
and subsequently, manager Of
Cleveland office He went to DenVar
and IN 1909 was made VICE president
of rhe New York Life Insurance com
pRry His achievements attracted
the attention of the elder Morgan
and in 1890 ne was invited 70 become
meInner Of the Wall street firm. n
this capacity n negotiated number
Of big foreign leans. he remained
with j P. Morgan & COMPANY until
1916. meanwhile becoming a director
uf numerous large corporations IN
GLIDING the steel and harvester com
panIes. a number Of railroads and
the International Mercantile Marine
COMPANY.
Retiring from business q few wears
later as ne saIfi, ITO devote myself TO
other work of public ana semi
public nature" Mr. Perkins wrUre and
spoke frequently on the subject Of
industrial justice ana when Colonel
RBosevelt became Progressive cauGi-
date 1ur the presidency IN 191. ne
became chairman Of the National Ez-
acuIive Committee Of the party Pre-
vipUsIy ne mao been d Republican.
The year before ne mad urged q re
vision Of the Federal Corporation
laws and n testltyIns before . Con-
E-essIonal committee Irvesrl eating
the United States Steel Corporation
ne advocated rhe fullest publicity for
all corporations. Despite the defaa-
Of the Colonel. Mr.. Perkins continued
active IN his advocacy Of Progressive
principles.
Mr.. Perkins early IN the world war
Interested himself in the matter Of
American preparedness. Ee was q
severe critic Of President Wilson. In
a speech IN indianapolis IN 1915 he
declared the Tinted States was IN
prepared for war" and urged i'm
mediate action. After me United
States entered the struggle he en-
deRvured TO stimulate fond production
anc by large purchases of provisions
at distant points sought To avert
wartime shortage II New Turk cry
He was also active n Fed Crosse.
Liberty Liam anG other patriotic
drives. Alter the war Mr.. Perkins
wenT 10 France TO investigate charges
Of waste and inefficlency aEalnsrs.t ile
Young Mems Christian Assnciarion
workers abroad. He reported Char
while some mistakes had been made
there was little ground for noneEr
criticism"
\ close friends of the late Mavor
John PurrDy Mitchell. AIr. Perkins Il
one time WIS prominently mentioned
for the MayoraIty Of New York. He
was once quoted as having said rtat
New York CRY could SAVE S25.d0o 600
a year by "a proper cut IN its bud
get" He was q trustee Of VasEar
Cnilege and Berry School. Rome. Ca
and a member Of numerous civic,
scientific, sociological and phiianrhro-
pic organizations. In 1911 M Perkins
received the honorary degree Of L. Z
.. from the University Of Wooster
and the University of Vermont
Mr. Perkins married IN 1899. Miss
Evaiina Ball, a daughter of Flamen
Bail. Of Cleveland. O.. To whom TWO
children were born Durpfnv and
George ". Perkins. Jr, the latter IF
whom was a lieutenant in the Amer
lean Expedirionarv Force.