The Washington times., 1927-12-31

Dawson when taken over by the
worlds leading international bank.
ing firm-and Dawson became the
greatest Of all the Morgan part.
ners. That was the age, too. OF
Thomas w. Lamont when adj
mitted-and he stepped into Davi.
sons shoes. Dwight w. Morrow
was II when Dawson took him
into the Morgan fold.
The very latest Morgan part.
ner, Harold Stanley, who has
made an impressive record az
president of the Guaranty Com.
pany, of New York-adjunct OF
the Guaranty Trust Company--is
AZ. My prediction Is that Stanley
will develop into one Of the very
foremost OF all the Morgan part
ners.
Benjamin Joy, now on his way
to become q Morgan partner tn
Paris, is q little older than usual.
He is 45.
Terrific Strain
The strain imposed upon the
more influential Of the Morgan
partners is so terrific that youth
and robust health are essential
qualifications. Few active Nor
gan partners have reached old
age. i understand, however, that
Jack Morgan, the present head
of the firm, has insisted that no
partner impose upon himself uIl.
due burdens, and that this Is
one reason why the number OF
partners has. been greatly in.
creased during recent years-to "a.
The income Of the senior Nor.
gan partners runs into enViaole
figures.
Here's Illuminating light on
how Henry p. Dawson threw
himself heart and soul into the
raising Of S300,O00. 900 for the
American Red Cross. Dawson
lived three miles from headQuar-
ters In Washington and. relates
Ivy Lee, who then lived with
him as his right-hand co-worker.
sit was our custom generally
to walk to the Red Cross Build.
ing together each morning. On
one occasion two OF the part.
ners Of j. p. Morgan and Com.
pany had come from New York
on an overnight train and were
at the house. for breakfast. After
breakfast, Dawson asked: Who
will walk down with me this
morning" I, thinking that he
would like to have an oppor.
tunity to discuss business mat.
ters with his partners. stated
] would ride.
"The next morning after break.
fast Dawson said to me: Ivy.
you deserted me yesterday morn
ing told him that had
thought he would like an oppor.
tunity to talk over firm matters
with his partners.
''He answered: We'll. TO tell
You the truth, did not know
what to say to them.
Another remark made by Dar
vison was: II want the peo.
pie of the world to realize that
the heart Of America IL bigger
ard more important than its
mopey or its power.
Enjoyable Experiences
Talking about the youthfulness
of some rresent-day business lead
ers. one of the most boyish-look'
ing of them recently had two little
experiences which he enjoyed. b.
G. Dahlberg. president of the Cello.
tex Company Of Chicago, ana OF
eight other companies having q
capitalization exceeding $50,000..
600, and who in the last six or
seven years has transformed the
refuse CT sugar cane, bagasse, Tor
merly wasted, into q product rap
idly spreading all over the world,
is in his early forties, but really
looks like q youngster in the TWEEN.
ties. His youthfulness Il emphas
sized by his habit Of smiling with
both mouth and eyes.
At a recent meeting Of Celotex
stockholders in Chicago, Mr.. Dahl.
berg circulated among the arriv-
ing guests. One old lady began
asking him questions and when
he mentioned that his name was
Dahlberg, she said, "Is that so?
Well, tell your father I would like
to meet him tonight"
AS he gor out of a taxi in Hous-
ton the other day, the driver ad-
monished hlm. Say, kid. you bet
ter hustle or you will miss your
train"
Thoroughness Makes Hit
What a hit a little thoroughnesS
: can make! The bead Of the well.
known New York concern, John
G. Patton, telephoned the writer
Immediately after Christmas tell
ing, with tremendous zest. Of q
letter received from the head Of 4
business concern in Philadelphia.
J. N. Collins. Since the letter may
supply a suggestion to other busl'
ness men for future use, the pith
OF it may be worth giving here:
"One Of the biggest satisfactions
that comes to US with increasing
force each Christmas season IL
the pleasant contacts and friend.
ships we have formed among those
from whom we buy our materials
and supplies. We are Just as
thankful for those friendships az
we are. grateful for the services
that have always accompanied
them.
surely there 10 much more in
business than just business and
we want you to feel in what sin
cere regard we hold Our relations
with you.
$50, won't you please accept our
personal and our business wish to
you for a happy Christmas and
prosperity in 192S?n
Copyright, 1927, by 3. c. Forbes)