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with Charles M. Senwao as president. Yet for this disappointment he had consolation in the practical doubling of his fortune; for he received. in return for his Carnegie Company $31,000,000 bonds and stock of the new concern worth about $61,300,000. The organization of the Steel Corporation was not to his liking, for its head, Mr. Schwab, was regarded as "Carnegie's man." So when in 1903 Steel stock fell very low he secured enough of it to enable him to force Mr. Schwab out. But the new head, W. E. Corey, was also "Carnegie's man," and Mr. Frick waged war against him in turn until he deposed him also, and at last got his own friend, Mr. Farrell, at the head of the great trust. Two other achievements of Mr. Frick's in "high finance" have become historic. One was his leadership in the house-cleaning investigation of the Equitable Life Assurance Society of New York. He was the chairman of the committee of directors which prepared the so-called "Frick report," a report which was suppressed by the other directors and was followed by the retirement of Mr. Frick and the rest of the committee from the board, but which led directly to the elimination of James W. Alexander and James Hazen Hyde from the management of the society and to the most sweening reforms ever made in the whole system of life insurance in this state and nation. The other achievement was both financial and political, and was nationwide and lasting in its effects. It was in 1907 that Mr. Frick, in company with Judge Gary, visited President Roosevelt at the White House and urged upon him what he himself described as an "attitude of tacit acquiescence" toward the acquistion of the Tennessee Coal and Iron Company by Judge Gary's Steel Trust, and thus, as has been confidently claimed. checked the serious panic of that year and prevented national disaster. Though he did not scatter benefactions as freely as some of his contemporaries, Mr. Frick was generally ready to contribute of his wealth to the public welfare. though. as in the case of the Lenox Library, his intentions were not always realized. Thus he offered to the City of Pittsburgh land worth $300,000 for a park, but withdrew the offer because the city was unable to make the needed improvements upon it. He gave $100.000 to the American Academy in Rome; was in 1915 the largest contributor to the fund for the widows of policemen killed in the performance of duty, which Commissioner Woods raised in this city, and was the largest contributor to Mme. Vandervelde's fund for Belgian relief in 1914. He gave in 1917 a fine marble and bronze memorial of Joseph H. Choate to the latter's native city, Salem. Mass. The children of Pittsburgh have cause to remember the dead financier as their friend. He gave largely of his wealth for them, most of his gifts never receiving any public recognition whatever. A few years ago when the Pittsburgh Bank for Savings failed the Christmas money deposited with it by 40,000 children under a new carried out by the public sch the was lost. Mr. Frick immediatel cred to make good every loss at other