The evening world. Newspaper, June 16, 1922, Page 28

. Ser stem OFFICES OF J» P»MORGAN & Conner of BROAD ano. \NALL Sree Camp of Dozen Log Cabins at Spring Lake Leased to Give 250 Office Workers Three Weeks’ Fishing, Hunting, Tramping By Victor H. Lawn. Copyright, 1922 (New York Evening World) an Press Publishing Co EARS ago “Vall Street won the sobriquet “the shortest street in the world, with a river at one end and @ graveyard at the other.” That was in the days when the struggle for the survival of the fittest knew no law other than “an eye for an eye and a tooth for a tooth.” It was a ruthless battle that was waged on “the street.” It was primitiv ‘There was no time for thought, no place for human kindness. And the river and the graveyard were activ To-day the story is different. Wall Street's arms now girdle the globe. ‘The ‘battle’ of a generation ago con- tinues, but as it has grown in scope so has tt grown in intelligence and in its humanity. Instead of the blind groping of other years, the leaders of world finance have come to see that a fight is won best only when the human elements are given full con- sideration. And as Wall Street showed the way In the past, it also sets the pace in the new relationships of to- day. The most striking example of this leadership was revealed in a chance remark picked up by a traveller tifrough the Maine woods. Among the deer, the bears, the trout and the salmon which make their homes in the pine-clad mountains, the clear, bottomless lakes and hurtling rivers {t was whispered about that Spring Lake camps had been bought by a Wall Street firm as a summer retreat for its employees. This Wall Street firm is J. P. Morgan & Co. The 250 employees who spend forty nine weeks of the year in the granite and marble palace at the southeast corner of Broad and Wall Streets MT+ BIGELOW VIEW FROM SPRING LAKE now spend the weeks amid Northwest Maine. cashier of J. P. Morgan & Co., who supervises the recreational and *wel- Pleted negotiations adijan border. A week from Saturday Only those who have had the privi- lege to see the glories of Maine can realize what is in store for the ‘‘cliff- dwellers and money-changers" when they finish their journey of several hundred miles. To say Mount Bige low rises to a height of 8,800 feet in full view of the camp cannot even in- dicate the grandeur of the pine-cov- ered slopes and the towering peak. And Bigelow ts only one of dozens of summits that chase one another ceaselessly like playful waves scam- pering across New York Bay In a strong wind It means little more to designate THE EVENING WOR LD, FRIDAY, JUNE 16 OF LOG CABINS IN THE SPRING LAKE THE CAMP wana! turesque guides. His services will be essential, for many of the old log roads are grown over and it s rarely possible to ¢: a ‘om pass, Mr, Carville is now busily superintending the renovation of the camp cabins, Electric lights have been installed, spring water has been piped into the dozen buildings and the road into the woods ts being smoothed down, New boating equip- ment has been purchased and when the first batch of clerks arrive on the avi 1 without the aid of ‘Sth nothing will be lacking to make the three weeks’ stay comfortable. Groups of employees will go to Maine every three weeks until the va- the other beauties of Spring Lake Let those who have been to the Adirondacks picture familiar scenes, only intensified in splendor and rug- dness. Those who have been to the Catskills will have to draw heavily upon their imaginations, while those who know only the seashore—alas! Spring Lake {a in Somerset County just where the Rangeley Lakes and Dead River regions meet. For the benefit of the uninitiated this means literally thousands of lakes—some of them miles and miles in circumfer- ence—lying quietly between mountain peaks, and Joined together by cool streams and waterfalls flowing through canyons and ravines. Many of these lakes Ne more than 2,000 feet above the level of the sea. What this means to the angler and hunter is spelled with the same letters as Paradise. Izaak Walton jr. can find trout and land-locked salmon eager for the “fly,” and bass and perch. The nimrod will be surprised by grouse gf a fox while on the trail of deer, beaver, otter, mink or bea Less active visitors from No, 23 Street will find the be acninh ne Wicd lovely tuinge io dream oa; o they can drift for hours over the calm The nearest town to Spring Lake is Flagstaff. than a dozen miles from Carrabassett, the nearest railroad station, 118 miles from Portland and Boston, Students of American history pitched camp at Flagstaff in starred march to reduce the Canadian strongholds of George III hunters and loggers many a time have dug up rotted muskets and skeletons, Revolutionary ump was purchased, will remain to cay of Maine's oldest and most pic- CAMP DINING ROOM il cation schedule is worked out. The men are the first to go, then the women. The firm is paying all ex- penses. Officials of J. P, Morgan & Co. re- fuse to comment upon the plan or dl- late upon its significance. The fact that $15,000 was paid for the lease- hold, that thousands of dollars more have gone into moderniz! and re- conditioning the camp and that as many more will go into travelling ex- penses and provisions has _ little weight with the members of the firm. (A check for $350,000 “payable to ourselves” was only one of dozens that passed through an official's hands during the brief interview granted on the subject.) The only statement ob. tainable was: ‘We do not feel that the matter requires elaboration.” Far be it from a humble news- paper man to tell the world's great est banking Institution the relative lmportance of things! But it does concern which underwrote tt! penses of the war and is now engaged (\@ in underwriting the reconstruction of PICTURESQUE WATERFALL WHERE THE RIVER ENTERS THE LAKE NEAR THE CAMP... . scem that the example set by this ex- the world is something which is bound to have a tremendous effect. J. P. Morgan & Co, is no fly night organization whose doings are not worth one of Lady Astor's “tup- peny tucks."’ Nor is {t a radical in- stitution ready to try out anything and everything, or with visions and dreams not related to present-day conditions. These facts in themselves lend to any action by J. P. Morgan & Co. a significance many times their ordinary worth “Surely, no body of men knows more intimately than your organiza- tion the critical condition of indus- trial relations at this time,’’ the rep- resentative of the firm was told as a final of the Spring Lake Camp. your example will do.more than that of any other one firm or dozen firms to bring about a new alignment in which capital wilt deal with labor in a more intimate and human way than the haphazard and sometimes brutal methods of the past.’’ “The example will have to speak for itselg"’ was the reply. But the smile and twinkle whith accompanied this remark showed that J. P. Mor- gan & Co, appreciated the force of its example, and that at least one official was gratified that its significance was understood. i Purchase of Spring Lake Camp ts only another step in the interest the Morgan firm is taking in its em- ployees. It {s not the first instance of large financial and industrial enter prises undertaking to guarantee health for their employees. But this open sanction and adoption by J. P. Morgan & Co., the practical placing of its stamp of approval on the idea, {s counted upon to go a long way in bringing the ight « reason to the more benighted employers who cling to the traditions of the olden days. In its quiet and forceful way J. P. Morgan & Co, has done much to change the tactics of “the Street.” It has led the way in an intelligent treatment of employees, It was one of the first to perceive that a sgtisfied employee, an employee who is in good health, who is not overworked and who is treated as a human being rather than a machine 1s, as a mat- ter of cold business and investment far better employee than the ol@ “aweat shop” workes, a pe