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The Age of Big Business; a chronicle of the captains of industry by Burton Jesse Hendrick
page 89 of 132 (67%)
famous in Philadelphia as the "all-night poker players." A
successful butcher shop in Philadelphia in those days played
about the same part in local politics as did the saloon in New
York City. Such a station became the headquarters of political
gossip and the meeting ground of a political clique; and so
Widener, the son of a poor German bricklayer, rapidly became a
political leader in the Twentieth Ward, and soon found his power
extending even to Harrisburg. A few years ago Widener presided
over a turbulent meeting of Metropolitan shareholders in Newark,
New Jersey. The proposal under consideration was the transference
of all the Metropolitan's visible assets to a company of which
the stockholders knew nothing. When several of these stockholders
arose and demanded that they be given an opportunity to discuss
the projected lease, Widener turned to them and said, in his
politest and blandest manner: "You can vote first and discuss
afterward." Widener displayed precisely these same qualities of
ingratiating arrogance and good-natured contempt as a
Philadelphia politician. He was a man of big frame, alert and
decisive in his movements, and a ready talker; in business he was
given much to living in the clouds--a born
speculator--emphatically a "boomer." His sympathies were
generous, at times emotional; it is said that he has even been
known to weep when discussing his fine collection of Madonnas. He
showed this personal side in his lifelong friendship and business
association with William L. Elkins, a man much inferior to him in
ability. Indeed, Elkins's great fortune was little more than a
free gift from Widener, who carried him as a partner in all his
deals. Elkins became Widener's bondsman when the latter entered
the City Treasurer's office; the two men lived near each other on
the same street, and this association was cemented when Widener's
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