South Bend News-Times, Volume 31, Number 16, South Bend, St. Joseph County, 9 January 1914 — Page 5

THE SOUTH BEND NEWS-TIMES. FRIDAY, JANUARY 9, 1914 5 SCHIFF--NEW CZAR OF WALL ST.--RULES WITH AN IRON HAND AND A CLOSED MOUTH! MOST EXTRAORDIN ALE A Sketch of the Man Whose Firm is Likely to Take Morgan's Place at the Head of the Money Trust. -

An Immigrant from Germany at the atfe of 18; a clothing" merchant an a very modest .cealf In Cincinnati; lt.ter hrad of an Immmp bankim: firm, successor to K. H. ilarriman. re-eonizd leader of Amr-rl m Judaism, and now J. I. Morgan's MictM-s.s-or em czar of Wall fit.! That summarizes the l'.fo ft Jacob Henry Schlff, head of Kuhn. I4 & Co-, th jrreat banttlrur concern which. It., In said, has now brcomv tho dominating leader in Wall St., pinci' the Morgan people have taken the t-tart-llnjr course of withdrawing from their Interlocking directorates. Jacob IL Schlff, though a kindly man, famed as a philanthropist and a lover of children and flowery ii well used to the Job of beintf czar. Fortified in his inner office, behind inAny guardian doors and ante-rooms, lor ycarH he has ruled the affairs of hLa firm with an Iron hand. And throughout those years he has maintained unbroken an imposing silence. A European monarch la more easily Interviewed than Jacob H. Schlff. Czar of his own firm, he has nowmade that firm almost undisputed car of the money trust. Kuhn, L.oeb f Co. are, next to J. P. Morgan & Co.. the most powerful banking house In America. The senior partner of Kuhn, Ioeb & Co. died years ago, and James Loeb retired to a life of ease. Since then Schlff has been the firm. In many a battle of stocks and bonds. Schlff led his firm to triumph over foes famous on the field of hiph finance- The victory he loves most to recount is his forcing of Thomas F. Jlyan. the kin?: of frenzied financiers, to return $7,000,000 which he had received for Bome very watery stock of the Mtropolitan L.ife. So powerful haa Schlff become, indeed so silent and Impenetrable his ways and workings that it has itemed almost as though he were an Impersonal force governing mysteriously the finances of the country rather than a human being working In ordinary human ways. Yet, on occasion, he has ppoken out straight to the public, with very personal emphasis. Such was his stern attack, several years ago, on the currency system of the United States. And it v.as thin attack which set going the-banking reform movement and brought us our much heralded new currency law. Those who k new Schlff as friend or relative eee him not at all as an impersonal force, but aa a very lovable and human companion, sincerely interested in philanthropic and social problems and In matters of character and religion. The one maxlum of his business life hints much of 'this kindly, straightforward nature of the great financier. It runs: '"I never believe a man dishonest until he has been proven so!"

If r y ' f2ZfrC

JACOB H. SCHIFF.

CUYETODSiNESS IS BLAMED FOR S1K

Desire For Self (Jain is Star: for Most of Sins of Tolay, Says Itcv. Henry L. Davis.

SIN THE THING THAT KEEPS HOME DESERTED Doesn't Know Where Heaven Is and . Doesn't Care, Says Itcv. A. JZ. "'. Tliornas In Sermon.

"The Home,, was the topic of Rev. A. E. Thomas' Thursday night sermon nt tbo Berviccs In connection with the revival services being conducted at the First Brethren church. He said: There is only one thing that keeps from home and that in sin. It was alo in that sent Lincoln and McKlnlcy to untimely graves and it is sm that send us into an eternal night!" "Some people aro wonrletl rbout Heaven. I do not know where heaven is. and I do not care, but I do firmly believe that this will be the final abode of God's children." There were two conversions at this service.

Covetousness, 'explained in a ser-! mon. "The P'armer that Fed His Soul With Corn", was characterized by Rev. H. L. Davis at the First M. E. church Thursday night as being the root of : nearly all tho sin of the world. He said that the craze of gain for self was one of the greatest sins a man can commit, and that the man who had the greatest greed and mania for self , gain was the greatest sinner. He told of how covetousness was ' the cause of the fall of Adam, and that with David it lead him into a life of adultery. It is the same in modern times according to him, and will continue to be until the races of the world work together for the common good. He gave the example of the farmer who tore down all his old barns and built new ones. "This man", said the pastor, "was a covetous sinner, because he failed to recognize that it was God's Influence that made it possible for the large crops to thrive". Prof. Milton B. Griffith entertained with a vocal solo. The attendance and interest seemed to be the best cf any service to date. The topic for tomorrow night is, "The Dying Thief". Mrs. Stanley, of Wichita, Kas.,

will sing.

WANTS YOUNG VOTERS BACK IN THE RANKS

woxnintFUh corcn iuimkdy. Pr. King's New Discovery Is known everywhere as the remedy which will purely stop a cough or cold. D. I. Lawson of Eidson, Tenn., writes: "Dr. King's New Discovery is the most won-

oeriui cougn, cold ana throat and luns medicine I over sold in my store. It: can't be beat. It sells without any j trou'blo at all. It needs no uarimtoe." I

Thlrf Is true, because Dr. kintrs New Discovery will relieve the most obstinate of coughs and coldj. Lung troubles quickly helped by its use. You should keep a bottle In the house at all times for all the members of the family. 50c and $1.00 Recommended by all druggists. Advt.

CHAIRMAN" Sims Urges Republican Loaders to (Jet Out and Hustle Among the Younjj Men.

ADDS TO PRIZE MONEY FOR AMERICAN ARTISTS

WASHINGTON. Jan. 9. Announcement was malo Thursday by the Cor eoran Gallery of Art that Former Sen Win. A. Clark of Montana, had donat

eti $5,000 for the William A. Clark : prize awards at the biennf.il exhibition of contemporary American oil paintings. This with other gifts will ' make a total of $21,000 which Clarkehas given in prize awards to American artists in recognition of distinguished achievement j

INDIANAPOLIS, Jan. ?. Fred A. Sims, chairman of the republican state central committee, in a communication sent Thursday to all the county chairmen in the state, urged the county party leaders to make an effort to lead the young voters into the republican party and give them party work to do to keep them interested. Mr. Sims suggested that this might be done by th leaders themselver visiting all parts of their counties and holding small neighborhood meetings. He says this plan would Interest the young voters and would accelerate what he terms a favorable trend throughout the state to return to the republican party.

Pale Children Ayefs Sarsaparilla helps nature to make rich, red blood. No alcohol. Sold for GO years. Ask Your Doctor. Lflfc'

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Russian sailor and Eton styles for smaller boys in fancy serges and all shades of grays and browns in fancy weaves. Velvets and corduroys in all shades. These include all our finest novelty suits. $9 and $8.50 values $6.75 $7.50 and $6.50 values $4.75 $5 values at $3.45 Overcoats for boys 9 to 18 years old. Long or short belt backs, adjustable or shawl collar. New rough weaves; blue, gray, brown, tan fabrics; Scotch effects in very beautiful grays and browns. $12.50 and $10 values at $7.25 $9 and $8.50 values $5.75 $7.50 and $6.50 values $4.75 $5 values at $3.45

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