Show ROBERT BACON NAMED j who the new assistant secretary of state Is new york sept arobert bacon selected by president roosevelt to become assistant secretary of state began his business career shortly after being graduated from harvard in 1880 in same class as president roosevelt coming to this city he entered the banking house of E rollins morse and company in which he was made later a director in 1899 J pierpont morgan took young bacon into his firm and at the sama timo he became associated with drexel and company of philadelphia and also with their foreign department in paris from the time he entered mr morgans firm until he retired from active business in 1903 he was regarded in wall street as a dominant factor in the interests represented by the morgon firm tasks of the most delicate nature were In trusted to him by mr morgan hla special field of activity was in matters of high fl nance railroad and industrial enterprises during mr morgans absence in europe in 1901 mr bacon was head of the farm in the critical periods preceding and following the panic resulting from the corner in northern pacific that year james J hill and other heavy stockholders in tho railroad companies concerned were in dally consultation with mr bacon his next great financial work was the direction of british end of the steamship merger which resulted in the formation of the international mercantile marine company early in 1902 mr morgan seat him abroad about a year prior to the culmination of the merger and he conferred and debated with the heads of the great steamship lines in great britain and on the continent in the settlement of the coal strike he with george perkins aided president roosevelt from the companas comp anys side of the question in addition to this mr bacon represented J P morgan and company as a director in no less than a dozen of the principal corporations of this city mr bacon retired from J P morgan and company in 1303 ill health being assigned as the cause mr bacon was born in boston about 45 years ago and comes from old new england stock two yeara ago he was talked of tor assistant united stales treasurer but this was only a rumor this will be the first public offles of a national character mr bacon has held he is a member of the racquet tuxedo riding new york yacht harvard law rockaway hunting and meadowbrook Meadow brook clubs |