The Washington times., 1929-12-21
.YlNE SPIRIT
PERVA[)ES
STREET
By JAMES I. KILGALLEN

NAAsN - -
NEW york, Dec. 81 tI.N.so.-
Wall Streets 1929 Christmas
spirit is undimmed. It is Just as
CHEEKY as il the late unpleasant
ness had never happened. . tour
Of the financial district revealed
today It's going to be a "big
Christmas" in the Street Of
Gold"
Yuletide chatter is in the air.
Brokers and bankers are FORGE
ting the recent debacIe that sent
stock prices crashing down. they
are looking to 1880 with cptlmtsm
and Lets 90" is the slogan.
Employees are talking Of the
bonuses they are to receive.
Christmas holly adorns the win
dows Of banks and brokerage
houses; presents are being dis
tributed with a generous hand
and the carlet-garbed Salvation
Army lassies' tinlkling bells before
donation pots are finding the IN
take surprisingly heavy. 81
Generous Bonuses Paid
The New York stock exchange
will give Christmas bonuses Of 10
per cent Of their 1929 salaries to
its employees. This is substan.
tally the same as paid last year.
Substantial bonuses are being an
nounced right and left-by the
big banks. the brokerage houses
and individual operators.
wall Street viii hold q Christ
mas celebration on Monday when
d large tree viii be lighted and
members Of the financial COM
munity win unite In caroling. The
Rev. caleb ii. Stetson, rector Of
the famous old Trinity Church,
located in the heart of the dis
trict. win pronounce the benedic-
ton.
The New York Curb Exchange
Is planning q big Christmas
Eve. = Baskets Of toys will be dis
trihuted to the poor and In each
basket, Or bag, win be d 81 bill,
and an order for q pair Of shoes.
The United States Steel Corpora
ton win have q Christmas cele-
bration next week and the New
York Stock Exchange viii have q
Christmas program at which adj
dresses will be made and carols
sung. n
There Is no place in the world
where the Christmas spirit Is more
pronounced than right here in
wall Street" said william ). Boyd.
who has lived In the district for
rs years. He was born In the
shadow Of Wall Street, and for
years had been sexton Of Trinity
Church. He still IS,
Looks Like Santa Himself
Strangely like Santa Claus him
self ii appearance, Sexton Boyd's
eyes gIowed as he talked Christ.
mas spirit. wall Street down
hearted? Mr.. Boyd laughed.
saThe men of Wall Street are.
men. he said with conviction.
saTFaey have faith. It Is the men
with faith who succeed. !"
Boyd has known them all
The late Ebert H. Gary, the late:
y. PierpOnt Morgan, the Rookie
fellers, al the big men from '65
to today. Why, he even knew
Grover Cleveland. The now de-
ceased President was 8 pan bearer
at i funeral III old Trinity And
Mi. Morgan
Sexton Boyd becomes rerni.
nisceHat. Mr.. Morgan came.
here to the church to hear the
Bishop Of London preach q ser
mon. He had to stand up, So
treat was the crowd. said:
Mr.. Morgan, III get you q seat.
and he, democratic man that he
was replied, NO, thanks, / can.
stand as wen as the next. =
Mr.. Boyd recalls seeing Presi.
dent Lincoln ride IN g carriage
along Broadway past old Trinity
Church. He said. however, that
no event he ever witnessed raised
more enthusiasm than the process.
sion for Colonel Lindbergh after
his flight to Paris.
Us & :