The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1868-05-22

\ now tulA bilHsfnI result can DC nc.
com piished.
An examination Of tho tax books
Of New York City (for lsGG-'7,)
shows that already ton men own one.
tenth par, Of the whole taxable prop.
eriy Of the city, as follows;
w.. n 49,. .,,,,ooo
~, ~ p,';.a, ,..l -. No"
, ~ ~ s,a '1'"'''''''' : oo, N"
~. ~, go, ,-o" ~"
- W. NV ', '0''e''.'''' ,nn o"o
p..n '.. M, oIs ooc
o''' n ,'o:,, w. r. ooy oo"
~ "v y 'I .,, "ohs 1900 COO coc' 40"
D. ' T.S on0 900
~ ~ = !" pa nui''' iaic ooo
~ v . "o''e''''''''' '''''Vvo
ro,.r s,, 4o, zoo
A' 1900 '''''
The total of the taxable property
in this same year was $685., ai2,0l2,
SO that IL appears that the men al.
ready own ahou, one tenth of all ,
and one hundred men might own
the whole Of the city had their
fathers, and they, done as these have
done. The highest tax paid on the
list amounted 10 t35s,lae, aad tho
lowest to SCI ,G70-either of them
very pretty fortunes in most quarters
Of the habitable globe, Together,
these ten paid taxes to the amount
Of sl,ls2 $40.
TO help the non millionaire to un-
dsrstand thi. thing n'iy' It - well
to say that these heures OF MY one
and hall millions OF do',ars repre-
sent at least, one hundred ana 'hrce
millions OF actual property ana
probably, one hundred and my mil
lions because hardly any OF TINS
property is rated at more than one.
half Of its mercantile value, some Of
il very much less than that. so
that We may estimate Mr. Astor TO
be worth. 10 real estate slons, over
s32, 0O0, 900, and Mr. Roosevelt over
e2,7o0,Oo For myself, | believe
these fortunes arc three times the
taxed values. II is curious to OBJ.
serve that out of the two kmost per
sistcnt, thrifty, money getting tribes
Yankees, pure and simple, ana
Jews--come but one each oil .hls
ten. The other eight are -Four
from the great Gcrmanic races two
from the Hugucnot French and two
from the Scotch, or Scotch Irish
The German race has great indus
try and persistence, not much vivaci.
n or enterprise, but vast capacity
for holding on ; and it will sppear,
in the progress of this story, what a
valuable faculty this is. The French
race is the most alert and yiyscious
Ia the world, but has not succeeded
in trade when pitsed against the
Gs-m.na .ad s.aon. oas Of oar
Gallo families, however, has not been
surpassed The Scotch (and tho
North Irish are the same) are c.nny
that is, they are wary, skiiifui,
pertinacious; they have - hand 70
grasp and a hand to hold unequaied
among the sons OF men,
II has taken two generations to
produce eight Of these nillIensircs
-. only, Stewart and Lord, aaviag
,een o hi IL the.l own ior'ane-
Nc find the Aston cs,4., to be the
result Of the trafic OF John Jacob
Aston with tho Indian tribes through
vome half . century. This he seems
to have begun almost Immediately
after landing on the shores Of the
new world in l7s3, and to have pros
scuted with a vivor and assiduity
which never tired. Astor had three
thing health, money getting fac
uly, and an organizing faculty,
Mr.. Ator was a knowing man.
BUYING his fars cheap, he sent them
to Europe and to China, aud sold
them dear. He bought teas and
ether productions cheap, and those
he again sold dear--as dear as he
could. but, no doubt his main
profit came from his dealings WIN
the Indians. 10 other words ne or
ganilcd the North American iar
trade, 10 that II should make money
for himself, and not me ihaans
and did ibid IT largely. IN que
time he had money to invest ana
then his sag,ciou', money making
faculty told him that New YORK was
destined to become great CONNER
cial city, and Tint real estate, "a.
dioiousiy bought, mus. Increase ~
value. He bought, and ne boagn'
largely. The appetite accumu'.tlng
millions grew with what It iso on,
and the power to do II grew vss''y
with the growing millions; ana thus
il went on for sixty I've years, un n;'
in lsis hc was gathered 70 ."
fathers, leaving an estate TO ~, son
estimated st twenty millions, . 'ega,
cy Of 100000 TO the city TO found
q library, and an .nnu'ty Of sZoo a
year to the poet Hal'ect
Our present millionaire, then, in
Aeritisg his twenty miIlioas, had .
..sk bsfoss lin. lie wns on one
.;de In ! rrsst 6gAt, all mankind on
the othsr; his stFugsle Was 10 keep,
their. e get. lie has sss'sn .Aen'