Evening star., 1927-08-15
WALL STREET PAYS
TRIBUTES TO GARY
Leaders of Financial District
Comment on Career
of Steel Official.

BY the Associated Press.
NEW YORK. August 15.--Leading
business men in the Wall Street dis
trict. saddened today by the news of
the death of Judge Elbert ii. Gary,
chairman of the board Of the United
States Steel Corporation. generally ex,
| pressed their respect for him as a
great industrial leader.
Said Alfred =. Sloan. president of
the General Motors Corporation:
Judge Gary's contribution to Ameri-
can business constitutes one of the
most important pages in our indus
trial history"
Walter f. Frew. president of Corn
| Exchange Bank: He was the grand
old man of American industry and
this country owes great deal to his
| leadership"
| jackson T.. Reynolds. president of
the First National Bank of New York
Judge Gary possessed to unusual de-
gree the rare quality of understand
| ing the point of view of those in OPP
position to his own convictions.
Charles +. Mitchell. president of the
National City Bank-He was n great
orga nizer and his work in stabiliza
ton of the steel industry. both within
and without his own corporation. has
| been one Of the outSta ndinS records
! of the past three decades.
! Louis j. PierSon, chairman Of
| American Exchange Irving Trust
Judge Gary will go down in history
as the outstanding example of limit
, less opportunities for individual ad
! vancement to highest positions of
! honor and responsibility provided
under the American form Of govern
meut.
Charles NJ. Schwab. chairman Of the
board of the Bethlehem Steel Corpora
tion and first president of the United
States Steel Corporation. when Mr.
Gary was chairman of the executive
committee. said:
Judge Gary will go down in indus
trial history as one of the greatest
figures in America. His management
of the Steel Corporation was unparal-
leled. His work and devotion to the
Iron and Steel Institute which he
originated, was OF incalculable benefit
| to the industry in promotion Of better
feeling.
He was great man and his many
| friends and associates will miss his
advice and counsel"
Du POnt Expresses Regret.
WILMINGTON. Del. August Is LP)
Pierre S. du Pont of E. !. du Pont
de Nemours & Co. and chairman of
T. the board of General Motors Corpora
| ton, today expressed deep regret at
| the death of Elbert H. Gary. but de-
cllned to comment on possible effects
on the affairs of the United States
Steel Corporation. Nothing could be
| learned here to confirm rumors that
| Mr.. Du Pont might be elected sue
cessor to Mr.. Gary.
Clyde Pays Tribute.
| PITTSBURGH, Pa. August Is CF).
w. G. Clyde, president of the Car
negie Steel Co.. subsidiary of the
| United States Steel Corporation. is
| sued the following statement today
upon the death of Elbert H. Gary:
while Judge Gary had lived long
| life, his passing nevertheless must
/ necessarily be a shock to all of us who
| have been associated with him so
many years. He lived a full and ac-
| tive life and was n great constructive
| force. not alone in industry, but in
the life Of all America. His person.
ality and his accomplishments, his
policies and interest in all humanity
will make a strong page in the his
| tory Of America"