Show N rR IN FRIEND D Dt t rF i ur of R ROOSEVELT O I I DAD Noted Note Banker and Politician L Succumbs to Brain BrainA rain J Attack A NEW YORK June 18 George r W W. l Perkins financier died this morning I Ithe ithe n the St Stamford Hall s sanitarium m. m Stam Stain ford Conn It became known Juno June 11 11 tha that Mr Perkins had suffered a a. n nervous bre breakdown break breakdown down do but members of ot his family di did not intimate at that time that his Ills lIf d was as is danger danser Mr tr Perkins was as taken to Stamford d about ten days ago when his son George W W. Perkins Jr th the e chango change was mado made to afford his fa father a complete rest and seclusion from hi his as s friends who sought his c counsels during dui dur during dur- dur ing the political campaign preceding g the Chicago convention i. i Th The affliction to to which Mr Perkins s succumbed c Is believed to have ha been the result o of influenza and pneumonia contracted contracted con con- while serving with the Y Yo Min Me M. M C e CA A in In France during the war 1 A statement by the dead financiers financier's physicians given glyen out at Mr Perkins Perkins' w II g office gave the time of ot his death as asIr t Ir this this morning it Death resulted from froin as attack of Ot acute inflammation of at the brain the result of complete nerv nervous us e exhaustion I due duO to Intense and continuous overwork overwork overwork over over- work the announcement said sald HISO HIS CAREER REER G George orge WalbrIdge Perkins for ten years a member of ot the firm of ot J J. J P. P 41 Morgan Co was reputed to have first suggested to and persuaded big business business' to adopt profit sharing in insurance jp- jp l urance service bonus sick benefits and abd old age pensions wi It was Perkins who was also said to hav have e set on foot the plan which pert permitted per per- t I mUted es of the United States States' Ij S Steel el corporation and the he International r J Harvester company In in n both th tho o of which he was ivas was was' wasat at one one time an executive to purchase stock on an instalments Instalments' and arid atless at atless atless I less than an market value on on the assumption tion that Industrial Justice is the most profitable of Investments Investments that Justice promotes peace peace promotes prosperity prosperIty prosperity pros pros- and that the workmen's prosperity prosperity prosperity pros pros- is necessary to th the prosperity of the business man man NATIVE OF CHICAGO Mr Perkins was born In Chicago go January 31 1862 a descendant of Jacob Perkins an English ancestor who settled settled set set- tIed in Boston in 1631 His father tather George eorge W W. Perkins long eng engaged ged In the J shipping Industry at Buffalo was later latera a a pioneer plop in the life insurance field son The The on entered the insurance business In Sn Chicago when 15 as a clerk became r a a. b bookkeeper an agent and subsequently subsequently ii manager of a Cleveland office k He went to Denver and in 1892 1893 w was was s made vice president of ot the New York fl Life Insurance company His achievements achievements achieve achieve- I t ments attracted the attention of t thes the theelder s 1 elder Morg Morgan n and in 1900 he was In Invited in- in to Become a member of ot the w Wallstreet Wall Wallstreet ll street firm In this capacity he negotiated negotiated I a number of ot big foreign loans He remained with J J. P. P Morgan Co until nUl 1910 meanwhile becoming a director dire di director di- di re rector of ot numerous l large rge corporations Including the tho steel and harvester comi com com- i panics a number of railroads and t th the e e International Mercantile Marine Marme corn com com- pany pang ENTERS POLITICS Retiring from business a a few years later as he said said to devote myself to other work of a public and semipublic nature Mr Perkins wrote and spoke e frequently on the subject of industrial Justice and when Colonel Roosevelt R became Progressive C candidate for the the presidency in 1912 he became chairman chairman chairman chair chair- man of ot the n national executive committee commit commit- tee of the tho party Previously he had been a a. Republican The year before he had urged a a revision of th the federal corporation l laws ws and In testifying before before before be be- fore forea a congressional committee investigating investigating the United States Steel corpOration cor- cor corporatIon corporation cor cor- lie he advocated the that fullest publicity publicity pub pub- for tor all aU corporations D Despite spite the defeat of ot the colonel Mr Perkins continued con continued con cori- active in his advocacy of ot progressive progressive progressive pro pro- principles Mr Perkins early In thee the tho world war Interested himself in the matter of I American preparedness He w was was i a se s se- se re critic of President Wilson In Ia Ina a speech in Indianapolis in 1915 he d de de declared the United States was unprepared unprepared unprepared pared for war and urged d Imme immediate late action WARTIME ACTIVITIES After the United States entered the struggle he endeavored t to stimulate food tood production and by large purchases purchases' of ot provisions at distant points sought to avert a a wartime shortage in New City He was also active in RedCross Red RedCross RedCross Cross Liberty lo loan n and other patriotic drives After Atter the Uie war Mr Perkins went to France to investigate charge of ot waste and inefficiency against the Young Mens Men's Christian association workers abroad He reported report d' d that while some mistakes had been n m made del there th there was little le gro ground for honest criticism m A close friend of ot the late lat Mayor John Purroy Mitchell Mr I Perkins at atone one time was was' prominently m mentioned for the may mayoralty ralty of ot New York He was once oce quoted as having Said Bald that New York City could save save 2500 Ia I f a by bya a cut in a. a year proper its budget He was a trustee of Vassar college and Berry school Rome Ga Ga and a a. mem member r. r of of n numerous D civic s scientific I sociological and philanthropic organ organizations organ organ- In 1911 Mr Perkins Perkins' received the honorary d degree gree of L. L L L. L L. L from the of Wooster and the University University Uni Uni- of of Vermont Vemont Mr Perkins married in 1889 1589 Miss Evalina Ball a da daughter of I Flamen lamen Ball of f Cleveland O Or to whom two children w were were re born Dorothy and anc I George Georg W W. Perkins Perking Jr the latter atter of o o whom was a lieutenant In the American Amend Ameri can expeditionary force torce I Amerl |