Show YO YOUNG NG JACK MORGAN Stories of the Son of the Noted Amer American American ican Financier The announcement that J P Mor Morgn Morgan gan Is gOing to retire from financial Ute life and leave teave the tho management of his Immense interest interests to Ills his son Jack Morgan Is not in accordance wit with the common of big financiers re remarked remarked marked a Washington broker to the Star the other day They usually die dio in harness frequently after being din dis displaced placed from their leadership by young younger or er and more vigorous men I If the younger Morgan is 15 to take charge of the firms interests in New York it wm Will bring more prominently before the AmerIcan public a young man or of whom Comparatively little has been heard by the average newspaper read reader or but who has tas long been identified wih with the Morgan interests abroad and who for almost a decade past has been the head of the branch house or of 3 3 P Morgan Co in London U If also as has been intimated there is to be conc attack on the Mor Morg Morgan g gan holdings to test the younger mans grip i it may result In some pretty py pyrotechnics pyrotechnics In the street street In fact it Is said the atack attack has already commenced against tw th Erie and the Southern and that thi older hands in New York are going to young Morgan in good shape What Vat success they wi will have haye is isa isa a problem But the young man probably probably ably knows more about stock control now than he did a a few years ago The younger Morgan Is no tyro at atthe atthe the financial game He is something of a young giant physically almost as broad as his father about six feet two Inches in height and considerably bet better better ter looking than his respected sire but that is o 0 extravagant praise He hs has had as one ot of the he partners In the bust busl bustness ness for lor a long time Clinton Dawkins now Sir Clinton a young Englishman who has practically grown up wih with the financial interests Jack Jacl Mor Morgn Morgan gan Is 38 and does not look ny older lie He and Dawkins had the immediate l of the firms immense in In London and came into direct with the late Inte Charles Yerkes not long after the gigantc gigantic shipping combine was was carried through placing J P lorgan Morgan at the head of the list of combination magnates Yerkes was nn an unknown quantity In Lendon at the he time He had the fa cuty or of making al all his 01 own men In Intensely Intensely tensely loyal Joal to him and of winning the or if the big out with whom he did business He wanted the control of the underground railways of London to renovate them and m make ke them somethIng like what I they ought to be in mod modem em rn equipment and ap I The Morgans had their eye on the rai rail railroads roads too In a genera general sort of way ay had their eye on anything in fact that promised to have a few million dollars concealed about it it The United Elec Electric railways wa was a system In the northwest that was an essential link in inte inthe te the general development of the under underground ground electric scheme Yerkes wanted control of I It rind and went after i it quiet quietly ly and and In such fashion as not to arouse the pigheadedness or of the British finan r cl The M wanted i it also and with the tho prestige of the shipping mer merger merger ger behind this Jad thrown a cold chi chill Into the English public they started after United Ele trie with sledge f dge hammers and d boots |