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Show J. P. MORGAN'S VACATION rS'1 ;U - Nr ) John Plerpont Morgan, head of the most powerful financial interests in the world, has returned from his vacation. va-cation. He got one week this year. The junior office boy in the Morgan Mor-gan offices got three. But if Mr. Morgan did happen to be limited to only a week's holiday he spent that in a true multi-millionaire fashion. With his family and some friends he made the cruise with the New York Yacht club's flotilla on his steam yacht, the Mermaid. For years in fact, since he joined the yacht club in 1882 he has not missed a cruise. This annual affair has always been one of particular pleasure for him, because of his fondness fond-ness for the sea. After the elder Morgan died, his son, shackled by the cares of business, did not see how he could spare the time for any vacation this summer. In other years since he entered the Morgan offices he had taken a month, and sometimes longer. But now conditions are different. As the weeks passed into months the work of the head of t-he Morgan firm became more exacting, and instead of decreasing in volume it kept increasing. in-creasing. He despaired of taking any vacation at all. The other members of the firm came to him at the beginning of the summer to arrange for a schedule of vacations so that an adequate number of those in authority could be on hand at one time. As senior partner, his wishes of course were to be consulted first. Mr. Morgan disposed of this question by explaining that he would not have time to take any vacation at all. But for this once the head of the firm was not the boss of the establishment. His partners told him very curtly that he was going to take a vacation whether he had time or not. There was more bickering between Morgan and his partners over this question than ever would occur over, a deal involving many millions of dollars. Finally Mr. Morgan gave in and consented to go away. |