Mellen Cost Claim Sparks Debate Over Worth of Corporate Talent
Axtionil report notes Charles S. Mellen former NYNH&H president argues no man is worth more than 25000 yearly to a corporation. He cites Edison Morgan Rockefeller and Wilson as higher earners and challenges high salaries. His successor Howard Elliott is feared to be poached if salary is set at 25000.
MENTIONED IN THIS ARTICLE
Charles S. Mellen
New York, New Haven and Hartford Railroad
John D. Rockefeller
Standard of Company
Wizard of Organization
John Pierpont Morgan
Thomas A. Edison
Woodrow Wilson
Europe
George W. Gvethais
United States
Panama Canal
Ander
Mellen
Mr. Mellen
New Haven Railroad
Industrial wealth and executive salaries debate
Chauncey Depew weighs in on whether corporations could pay top executives like Schwab and Morgan massive annual salaries. The piece cites figures such as Schwab at 100000 with extras 125000 and Wilson at 75000 as part of a broader critique of executive pay amid wealthy industrialists and bankers on the New Haven board.
Notable men with salaries over twenty five thousand a year
A list of prominent figures including John D. Rockefeller J Pierpont Morgan Woodrow Wilson Colonel George Goethals Darwin P. Kinsley Theodore Shonts Elbert Gary Charles Schwab William Rockefeller Thomas Edison Andrew Carnegie Howard Elliott and others noted for high annual earnings.
MENTIONED IN THIS ARTICLE
John D. Rockefeller
J. Pierpont Morgan
Woodrow Wilson
George W. Goethals
Darwin P. Kinsley
Theodore P. Shonts
Elbert T. Gary
Charles M. Schwab
William Rockefeller
Thomas A. Edison
Andrey Carnegie
Howard Elliott
Salary myths and the value of genius executives
A prominent senator argues that salary is not the main issue for big firms, but the worth of extraordinary leaders. The piece cites Goethals on the Panama Canal and recalls high past salaries for McCurdy, Morgan, Schwab, and other top executives to discuss how, in large corporations, pay reflects the value of rare talent and decisive impact.
MENTIONED IN THIS ARTICLE
Colonel Goethals
Panama Canal
Privee
McCurdy
Mutual Life Insurance Company
England
France
Germany
Bank of England
Imperial German Bank
Standard Ol
United States Steel Corporation
United States
Bowman Uncle Found Claims $500000 Illinois Estate
Henry Bowman eighty years old was located at the National Military Home Marion Indiana and identified by Neal Bowman administrator of the estate of John Bowman as the late uncle and sole heir to John Bowman’s fortune valued at $500000 including 1230 acres of Central Illinois farming land. The discover raises questions about a partition suit in Christian county probate court as twelve cousins stood to share the estate.
MENTIONED IN THIS ARTICLE
Pana, II
Henry M. Bowman
National Military Home
Marion
Ind
Neal Bowman
John Bowman
Stonington
Pana
Bowman
Ilinois
Henry Bowman
Asa Soman
Kowman
John
Christian County
Asa Bowman
Father accused of teaching sons to burglarize across states
In Little Rock, two brothers Omer and Evans Phillips, 18 and 16, were sent to the state reformatory for two years each on burglary charges. Their father J M Phillips was committed to the state hospital for nervous diseases. Police found stolen goods at the Phillips home after a Fort Smith raid, with the youths claiming their father mentored their crimes across Kentucky Mississippi Tennessee Texas and Arkansas.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
Omer
Evans Phillips
State Reformatory
J. M. Phillips
Kentucky
Mississippi
Tennessee
Texas
Arkanasas
Fort Smith
Phillips Home
Grandmother Touts The Girl In A Marriage Plot
In Fort Collins Colorado Martha J Meyers aged 16 sought a marriage license claiming she was over 18. She admitted placing 18 in her shoe to mislead the clerk and said her grandmother advised the scheme. Bert B Cain, jailed for perjury after the marriage, is held on bond. A judge heard the case the next day.
MENTIONED IN THIS ARTICLE
Fort Collins
Colo
Martha J. Meyers
W. Stover
Bert B. Cain
Also Mentioned on This Page
George W
Joethals
Thomas &. Edison
United States’.Steel Corporation
the Younger
New Haven’ 8
Near Northern Pacific
Melten
Chauncey Depew
Ore ‘Chauncey M. Depew
Presi Pnt
New York Central
Mr.Melien
Proros
International News Devic
Drin
Paris
Vienna
French Market Mills
New Orleans
New Orleans Coffee Company, Ltd
Eeene
Isiana Pate
Ees
Sunset Central Lines
Houston
Louisiana
New Mexico
Arizona
California
New
Herm
James R. Farrell
United States Steel Corp
Watson
New York City
United States Steel Corporations
Aoe
Morgan
Steel Corporation
Nation's
Soldiers
Arkansas
Father
Hostetter
Gorham
Bergen
Gabrifl
Sewelry
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