Show SCHWAB AD CLOSES HIS PALACE HOME 4 Steel King Finds His Expensive Residence Something of a Hoodoo J GOING TO O PENNSYLVANIA 1 ct Wants to Keep In Touch With His Big South Bethle Bethle- Bethlehem Bethlehem hem Plant t New York YorI Nov 7 Charles 7 Charles 31 i Schwab former president of the ship building tru trust t and ond head of the Bethlehem Bethle Bethle- hem rein Steel company compan and Its allied corPoratIon corporations cor cor- i- i eft t her toda today for San Fran Fran- cisco He lie will spend two weeks there p perfecting the organization of or the Union Iron wor works s In anticipation of th the rush lush of or business busies s which has already begun be Le- gun bun as a a. result of the election of or Taft and which particularly In the steel and II lion on trade is expected during the tho year I of ot 19 1909 to break all previous records Mr Ir Schwab and his associates control V the Union Iron works and one of oC tho the ol objects of his present visit to San FranJ Fran ran l J cisco Is to bring Its administration closer Into touch with Its big Eastern V. V steel allies and put In a n position to k contribute tho the largest possible share of business In the most efficient mannel man man- v. v Her ner Mr Ir Schwab durl during g his last laRt visit to San Sati Francisco expressed unbounded I e confidence In the future of or San l' l Francisco Fran Fran- ran ran- cisco and the Union Iron works and do- do de declared e- e dared cared that he and his associates proposed pro plO 1 posed to spend a u. tremendous amount of or money to make tho the Potrero plant ono one of the finest In the country After 4 ho lie returned to New eW York Mr l Schwab re reI reIterated re- re I iterated these s sentiments to his business bus busi ness I S associates but like many of oC the tho glOat ent oC the country definite c action netlon was tos postponed until th the election fissured assured tho the presidency of or Taft Tift Mill 1111 and Open Sinco tho the election mills and C factories hove have Ino opened as IS If by br magic and those that Ulal were vere operating on half haIr time lime have Imo taken taen on hundreds of or m men n and ancl will run lun full till time from now on One of or the tho leaders lead lead- ers rs In this revival Is the thc steel Industry find while Mr r. r Schwab would not an nn cunce his Intentions regarding tho ho Union CrOon Iron works ores It is understood that thal he believes that thal plant will han handle le a ao share of business Whether ho will make an any radical chall changes es Is not known yet ct b but t It is 18 rally gent believed ed that his efforts e will be bo mainly in iii the line lino of or planning improvements and systematizing the plants plant's operation Some months ago It was wo announced that Hint Mr Schwab would move from his York Yore home honie and anti livo 11 In South Both Both- l Par Pa a. a where ho could assume ac active active ac- ac tive live management of oC the hugo huge plant of th the the- Bethlehem company there His Ills In Intention li- li was confirmed today when It t. t was vas learned that the mn magnificent p Schwab palace at Riverside HI drive and Seventy second ent e second street t has haM been een completely com coni- l tol closed clofed up and left In Irl charge of or only a 3 few trusted care taker Tho rho retinue of or servants which numbered num num- almost half a hundred has been discharged cd with hut but f fc few w exceptions nn and the tile beautiful pile 1110 has been beon stripped and boarded up so that thal It looks Jools slow v like como d deserted castle I a n The TIle Schwab palace on Riverside drive jib a been more of or a II hoodoo from th the r. r standpoint of a u home since It was built bulle several cral years yearn ago aJo The Tue young oung steel king spent mone money mane lavishly JH In tin erecting of it and ond a a small fortune was u used ed up In its fittings At the lime tinie b he built It e r CI Schwab's friends s warned wax him he lie never nevor would eel feel at bump borne In It spite aC-spite l Its Us luxurious equipment and ond j who iho leno know him Sll say nay that this prophecy has lias proved tru tin 1 J hero have O la been other rumors that I Ithe th the tho financial dro drain of maintaining the tho palace Valace a ac b became l' l too great rca t ev fm eVoli n for th the theto r r to r IB not K eC I vai t b 1 11 S ono no noor of or the th Ical m Mi I in jo country and unU tile Ills c st friends assert that he be heU believes his 1 personal at attention attention at- at atI I t to Ms his business ness interests Interest at I South Bethlehem Is e lo to their t proper development and that rOle for or this reason and no lie other lie he is it mo moving to te I Bethlehem where he lie can be pcr personally at nt the holm helm llo lIo has leased a 0 lar largo large o house hO in the for a remain there city and mo may but It I Is 18 said that he expects XI i. i or so i. i year ho he It V soon lOOn us as LS s to return as y 7 his er River rc win will again reopen open s 's client and I Eide drive drU e home |