Monday, Jul. 12, 1926
Exuberance
Harassed New York Stock Exchange officials gaze with pain at immoderate members who throw miles of ticker tape to the four winds each time some escorted bigwig proceeds triumphantly through the financial district.
Last week a youth of 24 and another youth of 35 were the cause of most emphatic immoderation: Robert Tyre Jones of Georgia, Richard Evelyn Byrd of Virginia.
Jones. To meet the American Amateur and British Open Champion homecoming on the Aquitania, were, besides the immediate Jones family, Judge Will Gunn (father of Watts Gunn, Jones' able protege); Major John S. Cohen, editor of the Atlanta Journal; Charles T. Nunnally (the "candy of the South") ; many another famed Georgian.
Byrd. A few short years ago Richard E. Byrd through lack of funds failed to secure a Stock Exchange seat. Last week he lunched as guest of honor at the Stock Exchange Club. Said he: "Let me congratulate you men of Wall Street, for I consider every one of you an empire builder." Leaving, he sauntered to the offices of J. P. Morgan & Co. at 23 Wall Street, stepped into a carpeted elevator, was whisked up to the sanctum.
"Do you think," quizzed J. P. Morgan, "that the Morgan firm has a chance to secure any available business in the polar regions?"
Commander Byrd smiled. "Well, now, Mr. Morgan," said he, "money doesn't mean a thing to the Eskimos. You couldn't give them a $100 bill, but they would give anything for a pretty bead."