MILLIONAIRES SUICIDE.

Waipawa Mail, Volume XXVIII, Issue 5248, 18 April 1908, Page 6 (Supplement)

MILLIONAIRES SUICIDE.

UNDER A TUBE EXPRESS. HE THROWS HIMSELF. From New York <,ll 20th December the correspondent of the “Daily Mail” wrote : Of the suicides among the millionaire population of America there is apparently to be no end. To-da.v, following the example of Mr Barnuto and Mr Maxwell and a dozen other prominent financiers, Mr Ernest G. Stedman, whose Josses in the financial depression are estimated at Imlf-n-rniilion, killed himself in the most spectacular fashion. Only a few days ago the Lyons Building Company, of which he was the president, unable to procure cash to pay mortgages on 1.(1,500,000 worth of New York real estate, went into the hands of receivers. Mr Steelman brooded bitterly over this failure, and this morning, in a fit of despair, threw himself in front of an express Lain on the underground railway. The Fourteenth street station, one of the busiest centres of traffic in tho city, was crowded us the unhappy millionaire, pushing his way roughly through the throng of ladies, jumped on the track a few feet in front of the express. Immediately he was ground to pieces, a sight, so appalling that dozens of well-dressed women who witnessed it in all its horror fainted on tho platform. Mr Stedman. who was a graduate of Yale, a. banker, a well-known authority 011 international law, and a cousin of (lie poet. Edmund Clarence Stedman, lived in tho fashionable quarter of Madison avenue. JTe was a member of the best, clubs of New York, and an enthusiastic motorist. His wife, who is exceedingly wealthy, was out riding when tho terrible news was brought her. She and his relatives refuse to believe that Mr Stedman committed suicide, and declare that he must have been attacked by vertigo, but this is controverted by all the witnesses of the terrible scene.