Centre Democrat. [volume] (Bellefonte, Pa.) 1848-1989, 1881-03-31
MEN or MILLIONS.

WEatTn--rHEiR NABEs ANb WHERE
TnEf byE-loW bsBE TpETUNg
LAyIsnEs EEa TAyoRs.
The richest man in America and
nearly the richest man IN the world il
William II. Vanderbilt. fIis fortune
Is set at about s2OO.00O.000. Next 10
him come. Jay Gould, who Is reaching
towards Sl0O,0DO.000 The immense
estate Of the AstOrs is worth much
over S5O,OOO,000. Fortunes ranging
from siO,0OG1r10 to slj.00O,000 are
almost common-.o frequent, indeed,
that the term millions has almost
lost It's Immensity az figure Of speech,
and II employed now where hat Of
thousand. used 10 be. Our fathers
| spoke Of a man worth hi. hundreds of
thousands. and We. the children. heard
them with the same awe as that with
which we listened 10 the dcscription
OF the tabled treasures of a fairy tale.
Our children to-day do not call a man
rich unless he has passed the goal
their grand,ires only considered in
such names as the Rothschilds. who
were regarded as types Of a wealth 10
man would ever peer. Even David
Jones, the brewer, who died worth
slO,00O,0o0, did not receive a half.
column obituary notice in any morn
ing paper.
The man who wanted 10 make a
census OF the milli0narics Of New
York for the year 1881 would almost
need whole newspaper TO do it in.
Their name is literally legion. There
are scores Of them whose wealth can
not be known, because it j. invested
IN such way that it j. not required
TO pay taXc-, and leaves no annual re.
cord Of itself that can be arrived at.
Denis kearney called these men bloat-
ed bondholdcrs, and they are, in 80 far
a. the latter i concerned. They are
men who invest their vast accumula.
iIon- IN government bonds. draw
the interest regularly, aud add il tu
the principal. aud 30 20 on heapiug
up mon.trou. capital with no labor
on their part. aud without cxpcndi-
ture except the original one. But
they are lavish with their wealth in
spite OF all that NAV be -aid TO the
contrary. and that layi-huc.- ha. made
the name Of New York -ynouym
for the op.u.haudcd beu,fcencc which
makes it lu charity. science. art. and
commerce the metropolis Of the west
crn hemisphere. Apart from the fluc-
luauag fortune. OF the speculative rich
men, the Jim k.euc- and hi. like,
which may be millions to-day or thou.
sands tomorrow, there are merchant
prince, aud quiet men Of louuue who.
when they die. will leave wills TO run
into the seven tgure., and make peo-
pie wonder why they never heard of
such Tich men before.
Nor are these colossal capital. re-
strlcted to the metropolis. Cincinnati
has several well.to-do people. although
forty year. ago she bad but three who
counted their fortunes bv millions.
These were Nicho.a. Lougworih. who
died in 1862, leaving about $4,000
600, and Jacob Burnct and james
Ferguson, who died in 1893. each
leaving about s20O0O00. OF the
opulent people now residents Of Gin
cinnati. David Sinton is said to I've
worth sl0,000,000; 6. II Shoenberg.
er. sj,0O0,O00 A. ID. Breed. 81 .0O0.-
900; estate Of james W. Gait. ST..
100000; estate of Oliver Perrin. So
100000; Il. X. Springer, g.. .OO0. 900:
Joseph Longworth, s5,000.000 estate
of ;. \. Pike, s3,0O0,O00: Emery
Bros, sS,000,000; A. ID. Bullock.
Charles and John Kilgour, w. 7.
Hubert, Samuel Fosdick, William ;.
Groesbeck. Jacob Seasougood, Erie.
berg & Workum. John Shalitos es.
tate, Timothy kirby's estate, Judge
ID. X. Estes estate, ]. G. Shorts e..
tate, General James Taylor's estate.
and X. II. Hopple are each worth
s2,00O0o0, while the list of. single
millionaires is too numerous TO men.
tion.
Philadelphia, Chicago, Pittsburr.
Boston, all make a similarly splendid
showing in the matter of figures. Phil
adelphia and Boston are verv much
alike, in the fact that, though there
are fewer millionaires in them in pro-
portion to their population than there
are IN our other great cities. there are
proportionately more men of solid
fortune. This Is TO say. while the
business man in New York and Chi.
cago, having won his $780, 600, tries TO
double it, and, having doubled it, to
duplicate il again, the sobersided citi.
zen of the Hub and the Quaker City
are content to settle when they find
themselves at ease financially. 1t
would quite start these conservative
commercial persons to think Of col.
lateral investment Of from 81 100000
TO S6,000,0O0 in mines 10 get coal