Litchfield enquirer., 1868-06-25

iLg ootSiit, aHi ne bought largely. As he had great surpluses of money he could buy and pay, and could hold or
 through depressions and panics when oth-
 CT men went under; and, indeed, could buy
 Tn the midst of such convulsions with great
 profit. For always this young, vigorous people and the great, productive country pulled through, and again became prosper
 ous; and then his lands advanced greatly l II, value This appetite for accumulatine 2
 millions grew with what it fed on, and the power to do 1t grew vastly with the grow ing millions; and thus it went on for six. ty-five years, until in 1S4S he was gathered to his fathers, < leaving an estate to his son
 estimated at twenty millions, legacy oi S4OO. 900 to the city to found library, and
 an annuity of $200 a year to the poet Hal leck!
 Our present millionaire, then, inheriting his twenty millions, had 8 task before him.
 He was on one side in Q great fight, all
 mankind on the other; his struggle was to
 keep, theirs to get. He has beaten them.
 No person has ever been able to inveigle
 him into any trade, or speculation, or en-
 terprise of any kind soeyer. He has kept
 what he had, and he has invested in secu- rites which paid him per cent, or 6 per cent, CT per cent, or. he has bought
 more and more real estate. He has never
 been tempted by high interests or pronlis- ing profits to take ony risk at all This is his secret-this is the way that his twenty millions have become sixty or eighty, and this IS the whole of it. You, who propose to become millionaire, have only to re- member that MT. Astor's twenty millions, by the sure increase of compound interest. became forty at the end of ten years, and eighty at the end of twenty years; and it IS now twenty years since he inherited his twenty millions. You have only to inherit twenty millions, and do as he has done. and you will be just as rich and great as he is. ~'
 The career of our Rhinelander million are has been essentially the same. He, too, inherited the beginnings of his for tune; for the Rhinelander pore was so lucky, or so wise, as to own farm along the East Rlver, on Manhattan Island. Hay Ing the supreme faculty, also, of holding on, It came to his children, of whom our millionaire Is the most distinguished rep resentatlye. He, too, has had his struggle 10 keep, and to get more; and he has suc- ceeded so that he now holds 'lots innu- merable, from Thirtieth Street to One Hnn- dred and Thirty-first street." and vast pro- perties in Broadway, Park Row, Barclay Street, etc.
 Tie Goelets rank as one, not because it takes two Goelets to make one man. but because 1t is said their property in . good degree IS 0ne The Goelet mifIionaires. too, had ncestor,~ who, following the honorablecnafG of ironmongery, learned init how to turn iron to gold, and that in- time, they e5 found themselves tr tht cramped fof pasture for their COW, and, to accommo- date her, they bought pasture lot of some forty or fifty acres for trife They held on, even after the old COW died; and that pasture lot now IS covered with brick and stone along Fifth, Lexington, and Fourth avenues; and the Goelets still own it. The only Wasteful extravaganza ever charged upon " Young Peter has been 8 lavish ex- pendlture for peacocks and pheasants, which arc alleged never to have produced at all. The rest of his property has been amazingly productive.
 Thirty-fve years ago, Robert Lenox was one of the four rich men of New York, fol- lowing MT. Astor. The other three were John c. Coster, Stephen Whitney, and Ma thaniel Prime. The Lenox estate has grown and become vast-the others are scattered or divided. This Lenox fortune begins as far back as the American Revo- lutlon, when, ill connection with the com department, the shrewd, prudent, careful indefatigable Scotsman began to wealth; he went steadily for ward with this great purpose of his life until he died, in 1889, leaving millions to his heirs.
 The present millionaire, James Lenox, has never made money, and has never at tempted to do so. Indeed, he is the one, and the only one, of our rich men, who, it is claimed, makes 1t matter of con science not to add house to house and lay field to field. It is asserted that every year he dispenses his vast income in his own ways, but that he scrupulously avoids re- investing 1t. And yet. in spite of himself, he grows richer and richer, thus: Years ago his father was obliged to take a piece of property, far beyond civilization, to sat- 1sfy mortgage of some eleven or thirteen thousand dollars. He held on, and James Lenox has held on. Now 1t is on the east side of the Central Park, about Seventieth street-six blocks of the most desirable property Tn the city,, and of which MT. Lenox has sold to the amount of three quarters of million, and has enough left to make over the million.
 We come now to another class of men of wealth-those who inherited and who have mademoney.
 The Lorrillards have in their veins both French and German blood; and it is said that there never was poor Lorrillard. , Appearances seem to indicate that there never will be one. Wealth, like poverty, II not disease, seems to be contagious. This immense estate is now some seventy years old; for as far away as 1910, P. & G. Lorriliard were very rich, and never gave a note, and when George died, his estate was estimated at over B, 900, ,000. Tobacco did the work. Here is an article, one of the strangest ever created by God-being nei- ther meat nor drink, neither house nor garment, and which science shows to be dangerous to the constitution of man which mankind has agreed to either smoke, snuff or chew to an unlimited extent. It is not confined to America, but has spread to all quarters of the civilized world One of its peculiarities is, that, once getting hold of q mans vitals, 1t never lets go. Henceforth it becomes indispensable to his peace of mind and comfort of body. Hence forth he will forego all other things rather than this; henceforth he will pay any mo- ney to satisfy his hunger. Sixty years ago. the Lorrillards seem to have discovered these facts, and to have set themselves to utilize them. They have lived with tobac- co, and have learned to know it in all it's phases and in all it forms. They know the