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The Green Bag

is one of the famous fees of recent years. Edward Lauterbach, who reorganized the Third Avenue Railway in New York, was paid $200,000. What Senator

Elihu Root and Paul D. Cravath received for their legal work in connec tion with the transfer of the Equitable Insurance Company to Thomas F. Ryan cannot positively be stated, but the fee is acknowledged to have been a record breaker.

habilitation of the Chicago Subway Company are two of the famous cases in which he has been interested during the past year, in connection with his routine duties as counsel for the "Beef Trust,” the "Leather Trust" and one

or two other so-called monopolies. As the private legal adviser of J. Ogden Armour, one of his connections, Mr. Krauthoﬂ would have enough business

to keep him busy all the time if he

Twenty-ﬁve thousand dollars was paid Delphin M. Delmas, who was

were an ordinary man.

engaged as special counsel during the

hold the title New York has given him, “the greatest corporation lawyer in the city," and Mr. Krauthoff had to follow like methods to win the place. He was born near Jefferson City, Mo., and his parents, who had emigrated to this country from Germany, were people of small means. His father was

ﬁrst Thaw trial. Mr. Delmas was brought from San Francisco especially for this purpose. The will of Henry B.

Plant

was

broken

by

William

D. Guthrie, who was paid $800,000. Governor Hughes and William M. Ivins together received $42,500 for conducting

the insurance and public service in vestigation in New York.

Even that

distinguished representative of the "old school" Hon. Joseph H. Choate accepts $50,000 fees now where he formerly got $5,000. But he earns the $45,000 difference. He is as much a genius of hard work

as a man of brilliant mind. So are the others mentioned in the short list. From every sort of walk in life they have come up to the plane of the modern opportunity, which they have grasped

It requires strenuous application to

a petty storekeeper and probably did not take in as much in a year as his son now makes in a day. As a boy, Louis Krauthoﬁ got only such education as the public schools

of his native town afforded.

His one

ambition was to be a lawyer, and as soon

as possible he entered the oﬁice of Ewing and Smith, local attorneys, and in 1876, when only eighteen, was admitted to

the bar. A year later his qualiﬁcations were so widely recognized that he was appointed assistant attorney-general of the state, which oﬁice he held for four

with a determined grip. A man who settled in New York

years.

only ﬁve years ago holds today an enviable position by reason of his

Following a term in the Missouri legislature, Krauthoﬁ' moved to Kansas

alertness to grasp opportunity and his

City, where for thirteen years he played

inordinate

a remarkable game of politics. But the town became too small for him, and he went to Chicago as general

capacity

for

hard work.

He is Louis C. Krauthoﬂ’, who, although having among his regular clients some of

the most powerful ﬁnanciers and largest

counsel for the Armour interests.

corporate interests in America, is prac tically unknown to the public at large.

turn he outgrew the western metropolis. Then began the present period of his

The reorganization of the Metropolitan Street Railway Company and the re

career. The law has indeed been for him a wonderful highway to success.

In

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