EXHIBIT 23

                  CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

We have issued our report dated March 5, 2004,  accompanying  the consolidated
financial  statements  and  schedule  included  in  the  Annual  Report  of SL
Industries,  Inc.  and its  subsidiaries  on Form 10-K for the two years ended
December  31, 2003.  We hereby  consent to the  incorporation  by reference of
said report in the  Registration  Statements  of SL  Industries,  Inc. and its
subsidiaries on Forms S-8 (File No.  033-53274,  effective June 18, 1996, File
No.  333-00269,  effective  February 6, 1996,  File No.  033-63681,  effective
November 13, 1995; File No. 33-65446,  effective January 16, 1996 and File No.
333-73407, effective March 5, 1995).




GRANT THORNTON LLP


New York, New York
March 5, 2004

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