The evening world. Newspaper, April 15, 1911, Page 12

HETTY GREEN'S PLANS FOR USING HER RICHES QUTLINED BY HER SON ae OT “(My Mother Has Made It an Inviolabie Rule that Her Profits Acquired in a Shall Always Be Reinverted in That Particular Locality. &e Says the Son of the Richest Woman “Her Argument Has Always Been That } Every Community Should Be En- titled to the Benefit of /ts Own Pros- perity. Investments In Foreign Enterprises She Abominates William Waldorf Astor, the American Expatriate, Above All Other Persons in the World. Given Locality of the United States , Her Americanism Forbids / “Since My Mother Began Her Business | in the World: She Is Not a Hard Person With) Whom to Do Business and Has Been) Grossly Misrepresented. “When the Time Comes I Am Sure That My Mother Will Be Found in the Fore Ranks of Those Endeavor- ing to Better Economic Conditions | in Our Country.” Career She Has Never Asked More | Than 6 Per Cent. for Her Money. | | | | The Evening World presents herewith for the firsi time a pen picture | of the real Hetty Green by one who is certainly the best qualified to draw such a picture—her son, Col. E, H. R. Green, himself a man of great business genius. tired from active participation in affairs, and her immense fortune is now solely in the hands of the son she sent into Texas as a youth and edu- cated along the lines of sound, hard business common sense. The interview with Col. Green which follows is notable in many respects. It outlines a plan, conceived and carried out with great diffi- culty, of handling the Green fortune by the agency of a $10,000,000 bauk in New York, with branches in various parts of the country; it reveals a new figure in the financial life of the United States—the big, whole- hearted figure of a man of ideals; i sets forth, with a touch of filial devo- tion which even the atmosphere of money cannot destroy, the estimate of a mother by a son who knows her as a mother and not as the most remarkable woman of business the world has ever produced. Minding her own business, keeping a) branches in other cities. His firm in sensitive finger upon the business pulee | San Francisco was William T. Cole of the country, scanning with almost} man & Co. while in New Bedford, superhuman foresight areas of develop-| Maes, the firm was Howland & Co, ment open for investment, Hetty Green | His ‘wharves in San Francisco, which for many years has been a woman mis- | we lease to the Herrtman lines, is where underatood and misrepresented. beg lané from the Oakland ferry boats. Bon Reveals Good Works. It hae remained for her son, now the | agtcal mana, of her affatre, to show thet he has never resorted to an unfair aévantese, Was disposed to charge less than the legal rate for her money and | never charged more, hae invariably re- | piace of sperm oil. A new O11 fused to invest in @ foreign enterprise, ing wee erownef in Cleveland, and foathes expatriates Mke William Wal-|the whaling industry becam m- dort Astor, ebominates international | ery.” marriages, 'e an intense lover of her! In reaching @ decision with respect country ani of the American people, lpepe her profits in the community in whtoh they originate for reinvestment, an@ is working out, in her shrewd, | capadig way, a plan of disposition af | her gregt wealth, which will go far in| bettering the economic conditions of the United States. Ce). Green talked to The Evening World reporter in hie suite at the Wal- dert-Agtotie, where, with the ald of bookKeepers and stenographers, he has ween apecmbling his mother's business “My grandfather wee an Oi] King Rig period. Me practically supplied oonat of Tm those days there go transportation across the coun- wes ey. Ris death petroleum took the best be managed, Col. Green hae had past few weeks, He has jumped around from clty to city in an effort to ascer- tain whether there wus not some way in which he could establish one cc poration with power to conduct tne family business tn all the States where Mrs. Green holds property. se satd in this connection “It did not take us long to ascertain that trust company organized tn affairs since he came here from Texas | York cannot hold title to real estate ti three months Miinols, Nor can a trust company or At the time of hie anrival Col. Green ganized tn Massachusetts ¢ Hiinols told The Evening World that he planned | hold title to real estate in New York the establishment of a trust company ia Hi We had intended to incorporate with New York $19,000,000 capital and be our own lar Will Have Private Bank. depositor. Hut the laws of the var “1 pave ascertained, after the am: | States evidently alm to concentrate | the best legal talent here, | business in their respective Sta ate are not suitable to our purposes,” | People which is perfectly proper as tir #ai4 Col. Green. Brent foundations of the business of “We have decided that our realty this count rest upon the «principle of each Mate protecting * resources fmrereste cam best be served from a to just how hia mother's business could! some Interesting experiences within the | Hetty Green, the richest woman in the world, has re-| { | | | contends that she conducts her bus dais BVENIWG WORLD, i. MRS. HETTY GREEN cream of the bor world nother point which adds to my pride in the business name which my / mother has made ic her intense loyalty to the land of hor birth, she abom- {nates William Waldorf Astor, the | American ex-patrinte above all other ~ | persons in the world. Z want to say | that X am in full accord with’ her in his respect. She would not invest in “E am having no end of aimeuity in| m foreign enterpriue if there were pier: getting the right young men to omploy | anteed a for onr branches. He Helps One Young Man. “1 took a young man connected with owers in the financial ness as private bankers, no regrets upon that scor | Born in England Himseif. a downtown trust compan the-) “1 might cite the facts of my own atre the other night he) birth in Englar ng a visit of my called ne up on the teleph said | mother to y. ‘This has al- he wanted to take me to the t «. Vays disturbed my mother, she even Lieony ga e@bont! st enlted {lh t to the trouble of having an entry W96Ge Git oe hiss morn voted | Mth respect to my birth that was in me an incroase in oalary of 1,000 a| Correct changed go that when I became year,’ he said to me. ‘I thought if iyi eet COUN cole ny ONS iD Ree cording to law. Anybody born in Bng- took you to the theatre to-night 1 might | jand of American paronts ix registered get a trip tof ye for my vacation.” | gubject to his declaration on his Among the propositions made to Col. | Jority as to which country he m Green was for hi to Incorporate | Mra. Hotty Green and then tssue stock | “At tweaty-one years of age I sent to members of the fay Mention of | My declaration to Bngland, stating that tha propeeat <1 vi Col, |% Bad elected to be an American oiti- Gicae , | Zen, You may be sure that my mother R id not rest orsy until Z had taken my mother ‘D\gtand for Mfo under the Stars and family pt as his own re than who appea as a) iness partner whom he is to be associated for many | stripes, years to come, Already Col. Green has] yy r seaisiaee le ahs weaned his mother away from | | apr for severa! nights’ sofourn in» room| ti 1 ensiip of located Airevtly across the from his|t . eer necea tie own quarters, But she cannor | dowa splendid secur herself to the cupancy than the room ken occasionally as of yore. Col. Green bitterly revents any suc- Gestion that his mother ts » hard pe: fon with whom to do business, Me « claims that his mother has be Grossly inisrepresented in the past. sips over to To 5 She hus refused peared to be ». Bu to show tha money tn upbuil perity of thi er, and } security has v ings have been alway se upon standards that are id Na general chat upon Hetty she really ts, he said Pelow Canal atroet the modern fina ‘8 look unon my mother as be- a . 4 hind the times !n her way of doing Talks of Moth Is. s a ers Ideals, duunmin Bome have volunteered to My mother has always been very bring me np to date, Others have wug- particular abou the reivestinent of emted that X a from the business the earnings f he prope: methods she has Maybe I am aa : siow in catchtny follow along . If by #0 doing, @ han made it an inviolable rule x am one-half aw fortunate aw he hat that her profits acquired in a given lo- been tn opinions and oality of the United States shall al- Will bo dotng better t ways be reinvested iu that particular bere ee since locality. @ i but Z intend to gument from the encroachments of another | every communit; wealth, x private beak done is mew Fok SNe bbood Denefit of ite own pro tunate @ chain o ranches may of Boston moun allowe 1 , he added. Since the laws Had to Change Plans. eae veetina rohn D, $e various States do not give us, Lisioit = | mu reinvested do. Our to a quarter of pb Wight to hold real estate in the| A‘ visiting Haitimore, Chicago om mor nn Manhattan A arc Sburined tome of GBe-orporation or trust oom- | 14 ")*n(00 It) an eifey wal | property Spon vent spon a basis of 4 cor v of a irust COMPANY | estate alc rol ar pany mune ve oh x9 itty iJ harter which would adlve our. prob-| way focal: banka ‘unt organise like Pel Matema qo, 0M T Anally gave up the protect, My] the ops for their 4 thie city, whose ad er and I next turned o tention | ment upon opher cities. the project of chartering a national} “Our cash —balnnoes lowntown | as 2 . ° nks deca hia rule, are now ve orn Mr. Rockefeller ndrew +m New York our frm will probably | bane ta ners ks t now Roth Mr. Rocket 1 And eka © loca ¥ onterprise h for the simple reason uy) Carnegie } ws ‘om to ascertain that a natio a) hank oan lr Ri iwitat be tia. Bole Ran Re MORAI 2 ene Ute con tbh ts ae hold real estate anys only | that portion of her by a far more se roblem—that ence One Shee vay Aaoer When auch reat # ured for its] n this loca ting rid of “us Income wild Bave in it penne Of ony Jomictle, Exit ¢ nal bank idea, | without producing men r Fé f e undeniably sincere In esent u Mind ali th ne p en nother | neers F wise ae, bes within thirty days all awyere Wore advising us Our next ' teaenarnianani’ ato wealth in arreugements will be completed.” propors, was to obiain sue s tu! her ventures, | have in \ 0 ce nih "St Green's Now York headquarters] charter which anicdated eaisting lawa, where sho bougit ina piece of Prov) wealth’ have talked long and earn: will prabsbly be on the second floor of In thie connection I gent to Mellow erty: in Toledo for $MUN. A rad yuiy with my mother along this tte & duilding owned by his mother in) waits, Vi, and had inspected a caarter earn ae eo giita ae nearly. §000y | 884 when the tine comes I am su Broad street. He is extremely desirous) which had been in our family since 1801, bps a S meneKete oa have loanod that my mother will be found in the of establishing ‘iimself in the very! and gave my deceased grandfather, ee gd Pecaiiy apccocated tin values | ten ranks of those endeavoring to offices used by his famous wrandtather, | Gideon ‘Tucker, ship merchant of that | pPyh Der reals Uepriciared wn Vetter economle conditious in our Faward Mott Robinson, who died place, the right to run a general store) which has suffered untold damage from | t have of " 1%. wap. gpreet>: Kase slip merchant, | ang do avout anything else hie or his ite World's Fal, Our hold lara annals i owning Atty whaling boats which he eiry waited to, providing tie fA ago ure entirely in the heart oP 8 Nae t operated avound ne Horn re th) maintained # toll bridge across e L yainess bY nd ¢ M rf ative ae a awyer eivil war yecticut River at that po Yor 0] Cipsee Spt AR MAleanih strot phywiclans Would Like Old Offices, few it looked ay if we were in a| “Minoe my mother beghn her career! iy indi firiniy , , @ business woman she hae never anit to sneak ee Eee oe tag motes nae | ni, Lay to halve cur proven, Wut im gpxed more than 6 per cant. for REF! tne. vigh: the im Nestigation proved that under | this! money. Ghis ts almost a religion wit ae ankes mis te sasist hon rey a we could do vusiners uni, her, X BAve 100#ea over her books tor would explained Col. Green hei af pelire and Vermont t and I have uot come rh , nothing better than to launch my New me oe York career from the same offices | inspected the cha which he ocoupied. They may be va-| of 4 nber of anc. ested May 1, but os my mother never | nies, but none proved acceptable. In Aispossesses a good tenant, we may | the end all of the proposais were aan e of our other) doned and the devition was reached to down' eet up @ declaration of partnersnip, Grandfather Robinson aleo maintatned | form a firm of ourselves, and do busily instance where she bai considerably under 6 per cent Because of ths fact and | The Purauit of Money. rewidely | Rvery y une who * nothing known liberal attitude toward cus lite the pursult of money, and tomers in panic times, my mother has! who has no thought of anytulng else Slways been in @ position to #kim the but vulgar pleasures he cag buy with BATURDAY, APRIL 1 Fei rom ices Women OS TOME 90 O00 RASED OFHISCWN GUN “HELD BY BURGLAR Ly, renee of Brooklyn Held Up in Dining Room as Looting Goes On. WHISTLE POLICL Firemen Respond to Blast, but Pair of Thieves Get Off With Booty. De, @amuel Atchison, @ veterinary eur- feon, Urea in a two-story brownatone houne at No. ®7 Herkimer street, Brook- Ivn, with nie wife, his father, James, also a ve‘ernarian, bat now retired, a hie younger brother, John. Karly | to-day he was awakened by Mra, Atohi- von, who told hin he heard ersptctous | nolaee in the hrement aught about Ho Matened and mounds a9 of some one moving the lower part of the house. He sipped on @ coat and a galr of investigate. He stopped at the firet floor above the | street, to secure a weapon from @ locked desk. The dim ight which came throuzh « front window showed that the desk bad been broken open and vad been taken two revolvers. Despite tnis evidence of the presence of thieves j Atchison cun- Unued cautoumly on bis way to the basement. Looked Into Muzzle. The door of the dining room etood : and from sithin ‘came occasional | flashes of a dark lantern ‘The doctor Iptoed closar and peered through the caink, The dining room contained two men, One was working with a Jimmy At @ locked cabinet containing cut giass and ailver, and the othor, with one of the stolen revolvers qn his hand, Was standing guar Dr, Atchison had geen enough. But as he Was bac) 5 away, he stumbled over something a! a moment later he n the muzzle of hia back Upstairs where you ordered nm voice, “and unless Want to wet shot fuil of holee, you there and keep quiet.” Atchison nt right) back Me found that his wife had quietly aroused his father and hin! brothe: being unarmed and at the merey of the men below, dared not make an attack, T son had a police whistle. He first barred the doors by which the burglars might run in upon him and then opened a! front window and tooted his whistle loud and long. ‘The others, meanwhile, alled for help a* loud as they could, Still No Policeman. No policemen heard the hullabt several firemen, half dvessed, came r ning from Engine If 0. 1 a dlock Dr. Atchison down to them that there were bu: the house and they svattered to atand n should arrive ls fro Jecided to sip His brother ace me, Reassurea tured £ basement guard un But 1a patrol: hearing no me vison the tw wen ver the se two watcher, y and $00 Drow on could eniy dex some smal y cash, owel might he a geod [dea plas wealth of suet han in the mail comm etting al the boys centre in the big cities tn a mortal combat there for the Almexht a disposal of the particuia 4 wo be along the line of my mother's policy with Fespe ) the reluvesiinenis of the munity, wi youns men of that fered inducements te d The rush to large cities like New York of the majority of the talent from the snall (own, 1 believe, is one of the serious evils of this country. No hand is lifted to stay the flood. Even the 4 their balances joaned to the country bankers » Wail sirest to ve ther: should say that the odds are in of Dalias. The same can de any other city or town where will refuse to be lazy. ps) up to Zong mee thei Srey matter hag bees tered into, wotlon course in one Of our lewding college It will interest the Glants to know that In Col, Green they have ¢ Texas fan bougut Polo seiai t shall York ball team practice y winter at Dallas, Col. Green knows all the play- evs by thelr first names. “I used to cateh for the Fordhain team hack in 1487," said Col. Green. ‘Before that 1 captained teams of my own when I was a boy going to public achool in Bellows Falls and Far Rock- away J am fnanoially Interested in ball parks all over the gountry, I think there is no sport for a business man lke a ball gacne I was out at the open ing ga and I expect a summer of ahead, watch! the bes Adventure of the W uilder” is the title of the complete Baas Doyle Sherlock ss boot Pn e0- tive Story to be giv ow FAILS. And, in his bare feet, atarted to | uim | 15, 1911. FOR SUFFERERS IN FIRE HORROR Mijas Pent Families Aided, Some Being Given Regular Pensions. RED CROSS WORK DONE. ! Charity Organization Society, Takes Up Handling of Future Gifts. | ‘The temporary offices of the Red | Cross Bmergency Relle? Committee, in the Metropolitan Bullding, which were opened on the Monday after the fire im the Asch Butiding, where 14 em- ployees of the Triangle Shirt Waist j Company lost their 11 were cloved to-day. The relief of the injured eur- | vivors and bereaved families will be, carried on under the supervision of Dr. Baward T. Devine, of the Charity Organization Goctety. More than $90,000 was contributed to | the various funds established for the relief of the sufferers from this fire, | and, though the committee does not in vite further contributions, tt wtil be iad to receive any. Dr, Devine bas been in charge of the relief work from the first day. Asso- ciated with him were: Robert W. De Forest, Chairma Mrs. John H. Gi Mra. William B. Mra W. Draper, Wootverton and Frank L. Poll | handle the especial problems created | | by the fire, Thomas B. Muiry, Leopold Plaut, Dy. Antonio Stella, Dr. Lee K. Frankel, The United Hebrew Charities, the Association for Improving the Con- dition of the Poor and the Brooklyn Bureau of Charities were invited to co- operate, A corps af cherity visttors was at the | disponal of the committee at 9 o'clock on the Monday morning after the fire, and within the first three days every family known to (have suffered was called upon. Immedia: mporary relief was given, while the visitors gathered information of future needs. It was found in some snetances that weekly or monthly pensions weuld be needed for a considerable time, and these pensions were xranted. In ell ninety-nine families have deen aided, in amounts running from §19/ to $76, this last eum being given through the Italian Consul to @ family | in distress that desired to return ¢o| Italy. | Another feature of relief by the com: | mittee has 2 providing cace for girls who are eti!l euffering from nervous shook as a consequence of thelr ex- ences, or who @ustained elight in- es. Medicine and clothing have been bought for those who needed | them, and the living expenses and loas | of wages of those more seriously tn- fured {s beng made good to them. In deference to the wishes of the trades unions, the Red Cross Emergency Relief Committee has refrained from giving reltet to being helped by © the uniot but the two have worked in co-operation, 11 the funda ef the Trades Union Commit- tee prove dequate, the led Cross committee will ald from funds tn the custody of Mr. Jacob H. Schiff, the treasurer, Sea e A NEW SHBRLOCK HOLMES STORY “Tuo Adventure of the Worw Builder inthe title of th eis Ueabdedey’ te he eiven tn booklet torn with to-jwerrow'e Bunday ‘One a Boys and Girls Show your skill an will give, each TWENTY CLEVER Apr Particulars announced in THE CITIZEN | (Daily te|—[Sunday se’ | Don’t Fail to Order THE CITIZEN ° Book, a Clever Gaine, School Utensils, Sporting Goods or some other useful article. The Brooklyn Citizen Sunday, EASTER SUNDAY CUMMINS PLANT TO RUN. | SAM LOYD LEFT 88 The will of Sam loyd, the man, was filed for probate with Pi wan | mate Ketcham in Brooklyn tod Superintendent of Banking ©. Hy | indicated that he had saved bu has Withdraws tie hewtil out of the hundreds of thousams o \dollare he earned by his invent ‘Tie petitions were signed by hf | Addie, who Kves at his Iate | Halsey street, Brooklyn, na A. Campbeld and Walter te | the + proposed reorganization of the iron Worke at Dayton, 0, which in- dustry was financed out ef the Wrast Company. | This tnsures continued operation of un Momoe stre | the plant, with @ strong possibility that | eon, of No. southern 1 th mpany will be al to pay off the = The inventor shows thet $100,000 which It owed the trust com: state was owned by ait, Loyd | bany when itv doore were clused inst avd thet his personel sanuery, ted to but $5,000, Real A creditors’ committee, consisting of | $l, of New ver, the enneus William H. Taylor, chatrman; Edward | sae 4 personal estate to the wife, and T. Perrine, Bradiey Martin j:., Henry | hooks, papers, Unused puszlen Rogers Winthrop and William C. Jon, will operate the property, Poll. furniture of Ma office at Ne wtree: to the eon, JAMES McGREERY & CO. 23rd Street 34th Stree RUG DEPARTMENTS. Summer Home Furnishings. Commencing Monday, April the 17th In Both 6toree, Tmported Mourzouk Porch Rugs at great reduced prices. TOF 14 fO,..065... eae 15.08 usual price eee £ usual price $8.! x12 f...... 4ft.6in. x7 ft. 6in SLOMiadics usual price 3.25 Grass Rugs in all colors 27 in tog x 18 ft. and sizes from | 1,00 to 15.00) Rag Rugs in all colors and sizes from 24x 36 in tog x 12 ft. 60c to 9.00 LINEN DEPARTMENTS. mm Both Stores, : On Monday and Tuesday, April the 17th and 18th j Sale of Double Satin Damask Table Cloths, new round and square designs...., ores 3-79, 4.70, 5.10, §.70 and 6.20 cach usual prices 4.50, 5.50, 6.00, 6.50 and 7.08 Breakfast and Dinner Napkins to match. | 4.30 and 5.90 per dozen usual prices 500 and 7.08) Hemstitched Huckaback Towels. q 2.90 and 5.00 dozen usual prices 3.75 and 6. Madeira ‘ca Napkins... 5.00 dozen usual price 6.0 Hemstitched Cotton Sheets, heavy musling 75¢, 85c, 95¢, 1.95 and 1.15 eac Hemstitched Cotton Pillow Cases. 23c, 27¢, 31¢c and 33¢ cack * JAMES McGREERY 2 CO, 23rd Street 34th “treet d promptitude, and as a reward gut a good TWENTY VALUABLE ARTICLES BOYS AND GIRLS, beginning to il Sixteenth From Your NEWSDEALER