No one could retire from work at such a time.

In the Standard we continued to make progress even through all these panic years, as we had large reserves of cash on account of our very conservative methods of financing.

In 1894 or 1895 I was able to carry out my plans to be relieved from any association with the actual management of the company's affairs.

From that time, as I have said, I have had little or no part in the conduct of the business.
Since 1857 I can remember all the great panics, but I believe the panic of 1907 was the most trying.

No one escaped from it, great or small.