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Life, 1904-09-01 · page 5 of 38

Life — September 1, 1904 — page 5: what you’re looking at

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Life — September 1, 1904 — page 5: Life, 1904-09-01

What you’re looking at

This page contains **no political cartoon**. The left column presents a humorous anecdote titled "J. Pierpont Morgan and His $4,000 Pearl"—a story about the wealthy financier J. Pierpont Morgan receiving an exceptionally fine pearl. A jeweler offered to buy it, but Morgan, through intermediaries, demanded $5,000. When the jeweler balked, Morgan placed the pearl in a sealed box with a $5,000 check, leaving terms that the box could only be returned unopened or kept at that price. The jeweler ultimately accepted, validating Morgan's confident assessment of the pearl's value. The right side is a **Tiffany & Co. advertisement** featuring their "Loving Cups" and "Small Prize Cups," with prices and specifications, plus exhibition location details at the St. Louis Exposition. The bottom contains a brief humorous dialogue about a ship's captain.

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Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

te cite ch” by ted by timore ig the juite a thood, ld no The vance ing be gpa phant. annoa s the asa much { her J. Pierpont Morgan and His $4,000 Pearl. GOOD story is being told just now of J. Pierpont Morgan. The joke is on a yel-known Fifth Avenue jewelry firm. Not fong ago the firm received a very fine pearl. So grikingly handsome was the jewel, and so cer- tain were the firm’s experts that it would appeal with most effect to a connoisseur, that it was determined to offer it at private sale to some one who not only knew what was what, but nle to gratify his tastes without re- on was thoroughly threshed over ate office of the firm. Finally one of the partners said: “Let’s send this down to fs, Morgan and let him have first say on it.” et with unanimous approval, and a was instructed to write to Mr. if he wanted the pearl which was pin, he could have it for $5,000. the pearl did not meet with his approval—it was forwarded with the note—the financier was asked to return it by the messen- ger intrusted with it. In due time the pearl, accompanied by the 's letter, reached Mr. Morgan. The jewel was carefully wrapped in tissue paper and in- closed in a leather-covered box. Mr. Morgan read the firm's communication with interest, and opened the box containing the pearl. He was delighted with it, and, after closely inspect- ing it, rewrapped it in the tissue paper and thrust it into his trousers’ pocket. this point High Finance took the centre of the stage. Calling his cashier, Mr. Morgan in- structed him to draw two checks to the firm of jewelers—one for $4,000 and the other for $5,000. The $5,000 check Mr. Morgan placed in the box that had contained the pearl. He had the package. carefully tied and sealed with wax. The $4,000 check he enclosed in a letter to the jewelers, in which he wrote that if the firm was willing to accept that amount for the pearl the box might be returned to him at once and the transaction considered closed. In the event, however, that the firm was unwilling to accept less than $5,000 for the. pin, the $4,000 check ¥as to be returmted. without delay. The preliminaries executed, Mr. Morgan, With the pearl safe in his pocket, sent the mes- Seager back, bearing his letter and the box. In ‘ss than an hour the messenger returned, fetch- ‘ng the box in which was the $5,000 check. He unced that the jewelers had decided to ac- the $4,000 offer, ‘formation complacently. When the messen- set had taken his departure, Mr. Morgan chuckled Just before he sailed for the other side Mr. Morgan met one of the members of the jewelry at a dinner, and related to him the story TIFFANY & CoO. Diamond and Gem Merchants, and Silver Smiths, Stationers and in Artistic: Merchandise Dealers Locations of Tiffany & Co.’s Exhibit at St. Louis Exposition Jewelry, Gold and Silver Objects and Enamels, Gallery 29, Gold Fine Arts Building Gem Minerals, Block 40, Mines Building © LOVING CUPS Rich Sterling Silver Cups for Prizes or Presentation 6 inches high, 2 nandies....-.-- 6 « 3 Bde 7 4 8to9" eveees 10 « 12% Photographs of the abowe or larger upon and richer cups SMALL PRIZE CUPS GOLD LINED STERLING SILVER, 3 inches high, no bendies....... 3% 3% 444 “ 5 pints, 3 handles. . 95, 100, 110 +. 180 upward Visitors toNew York are cordially invited to view the objects of interest in Tiffany & Co.’s Establishment $25 to $30 40 upward 8s In addition to an unequalled stock of rich gem jewelry, silverware, bronzes and fine porcelains, their various depart- ments include many rare and unique objects of art, virtu and curiosities collected throughout the world request Visitors incur no ob> $4 and $5 ligation to purchase, 9, 10, 12 and may study ob- 1s jects of interest with the same deliberation 14 and 15 as in a museum Ebonized wood bases, $1 and $1.50 extra Union Square New York Tiffany & Co, are strictly retailers. They never sell to other dealers Mr. Morgan received the of the two checks. The jeweler forthwith averred. that his firm had lost money by the transaction. “If you were losing money,” asked Mr. Mor- gan, “why didn’t you keep my $5,000 check?” The jeweler is said to have bowed low. “T can understand now, Mr. Morgan,” he de- clared, “how it is that you have earned your place as the leading financier of the age.”— New York Tinies. “ WHERE is the Captain, Miss Bruce?” asked a gentleman passenger of a young lady. “He went to see—” “Of course he did, a captain always goes to sea,” he interjected. “Well, I mean he skipped ashore—” “Oh, no, a skipper generally skips to sea.” “I mean the captain ran ashore to see——” He laughed and she sailed away.—Wash- ington Post. comicbooks.com