Rensselaer Journal, Volume 11, Number 2, Rensselaer, Jasper County, 20 June 1901 — Baker to Riral Schwab. [ARTICLE+ILLUSTRATION]

Baker to Riral Schwab.

B. N. Baker of Baltimore will, in all probability, soon be to the steamship business what Charles M. Schwab is to the iron and steel trade—the head of the largest syndicate of Its kind in the world. Mr. Baker is president of the Atlantic Transport line. Before the two return to America it is expected that the Atlantic Transport Leyland and several other big steamship lines will have been consolidated into one cqmpany. with a capital of $150,000,000, and with Mr. Baker at its head. Mr.

Baker is a bustling financier of the highest type. Not only has he built up a great steamship line, but he has done a number of good deeds that should, and probably will, secure him a place in American history. When the Spanish-American war broke out Mr. Baker gave to the United States government the use of the big steamer Missouri, free of all cost. The Missouri was used as a hospital ship and operated for nine months by the regular officers and crew at an expense to Mr. Baker of $5,000 a month. No sooner

had war been declared between Great Britain and the Boer republics than Mr. Baker duplicated his offer to the British government, giving them the use of the steamship Maine. Mr. Baker is a comparatively young man, being several years under 50.

B. N. Baker