Evening star., 1936-02-25

dition today at Emergency Hospital
from double pneumonia.
In statement today Bishop Free
man said:
"The place Mr. Glover has occu"
pied In the concerns of the Capital
during the period Of over half a CEN
tury has been one that was both con-
spicuous and commanding. Few, If
any of the private citizens of this
commonwealth, have given more OF
their time and energy in forwarding
movements that have contributed to
the enrichment of the city than has
Mr.. Glover. With his striking and
peculiarly aggressive personality he
was quick to see and seize opportuni-
ties that he felt would be advantageous
to the city.
Among the many things that were
closest to his heart think probably the
Washington Cathedral stood first
From is inception down to his latest
hour he gave unfailingly of his time
energy and means toward the prosecu-
ton of this great work. With the king
of old, he might say. I have prepared
with all my might for the house of
my God To Mr.. Glover, more than
to any other man, we owe the splendid
property that now comprises some 67la
acres, wherein the Cathedral stands.
To every detail of the Cathedral con-
struction work he gave meticulous
care More and more he had come
to feel that no work undertaken in
the Capital was of more transcendent
Importance than that of building the
Cathedral.
Glover had the spirit of a great
adventurer. He dared where other
men hesitated. He was great citizen,
q great builder, tdue friend. pa
triot and a churchman. As friend
and adviser he has been one Of my
most outstanding and conspicuous
aides. Washington is the poorer to-
day for the passing of Charles c.
Glover"
The career upon which young
Glover embarked, that of clerk in
the book store of Frank Taylor un-
doubtedly was not fitted for his taste
and natural abilities. During his
three years experience there, however,
he acquired many Of the business
habits which assisted him in his up
ward climb But in the midst of his
prosaic duties in this realm of books
the boy began to show the inclinations
which made him, for more than half
a century, the leading banker in
Washington. His ambition was first
realized in his nineteenth year when
Glover entered the employ of Riggs
& Co as a clerk He was anxious to
do almost anything around the bsnk.
one of the leading financial institu-
tions in the Capital. He advanced
step by step, and under the guidance
of that famous old financier. George
w. Riggs, whose implicit confidence
he enjoyed, the young man was
launched successfully into a widening
career of usefulness.
Advances to Partnership.
BY 1873 he had demonstrated his
abilities to such an extent that he was
asked to become a partner In the
banking firm Of Riggs & Co. This
move was a fortunate one, both for
the Riggs Bank and for Mr.. Glover,
as from that date his advancement
was more rapid, as was also the busi-
ness of the banking concern, which
grew to such proportions that it was
deemed advisable to transform 1t into
q national bank in order that the
growing business could be better
handled. In 1896 Mr.. Glover caused
its reorganization as the Riggs Ma
ton Bank, with capital of $500,000.
He became its president. Under his
guidance the bank has grown into
one Of the largest and most influential
in the country.
Up to his last illness Mr.. Glover's
financial judgment was sought by
business leaders in and out of his
bank. He remained It's president for
Is years, resigning June 16. 1921, on
account of i'll health and advancing
years. He then became chairman
and later honorary chairman of the
OOS1Ius COIltlllulA1S oS cAAS S3AAo
genius until the last.
Banks Unique Record.
The place which the Riggs Bank has
occupied In the financial history OF
Washington is unique. Its depositors
are drawn from all parts Of the world.
With a few exceptions. every President
of the United States from Abraham
Lincoln down has kept his personal ac-
count with this bank. So in his long
and successful banking career Mr..
Glover enjoyed the confidence and
friendship of public men as have few
other bankers. Throughout his career
he had been constant adviser of Con-
gressional leaders on banking and
financial legislation.
"A comparatively few of Mr.. Glover's
fellow citizens-but q few who include
some of the Nations forest states
men-realize that his greatest service
to the country was the important part
he played In conceiving and putting
through Congress in 1908 the emer-
gency currency legislation known as
the Aldrich- -Freeland act. Econo-
mists and bankers who are aware
Of the part played by Mr.. Glover
In securing this legislation realize
that it was an achievement which,
when the entire financial world was
with chaos, saved this
country from q panic.
In past years Mr.. Glover has often
been. specially honored by his asso-