The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-04-28
THE RICH N EN-.
The Centr alizatiOm OF wealth In the
Hands OF the Few.

the most striking features OF the age, ana rs
it requires that an immense multitude should
be poor in order to make one capitalist it
follows that such sstate of things is not sd-
vantsgeous 10 the public. Here is Jim Keene,
who came from the wesl and soon proved a
dashing operator in produce as well as
stocks. He is estimated at $500, 900, while
Sam Sloan is down for double that sum.
Sloan is president Of the Delaware, Lscks-
wanna and Western road, with salary of
$4,000 a year. He can, however make vast.
ly more in speculation. Ex-Governor Z. d.
Morgan is estimated ut S., 100000 lie made
money rapidly in trade, and the house which
be founded is still in operation, the firm be-
ing L. d. Morgan ~ Co, He has, however,
also made enormous sums in Wall street,
and probably now has an income of $1,000
q day. His partner, Scion Humphreys,
who has for many years controlled the oper.
atoms of the business firm, is estimated at
S3000,000. He came to this city from Hart.
ford forty years ago, and became clerk for
Morgan, who discovered his ability and gave
him the promotion he go admirably de-
served.
GOULD, SAGE AND OTHERS.
Jay Gould is estimated at $700OO,OOO.
Ke makes now on an average Sc, 900 900
year, and hence will soon become leading
capitalist Russell Sage, though old enough
to be Gould's father, is only rated at $780,
100000 He began life poor boy and was
clerk for some years in Troy grocery
house, where he atterward became partner.
He made money by industry and economy.
and was soon able to enter the wider field of
railway speculation. This gave him sufh-
Gent capital TO remove 10 Wall street where
he has been leading gambler in stock priv
ileges. He sells quits, calls and straddles"
to the fools who are addicted to this prac-
tice, and has made an immense fortune GU. of
the money they thr,w away. ID. o. Mills.
who is reckoned at S5,000,000, accumulated
the largest part of his wealth in California,
but has also been highly successful in Wall
street. He has recently made heavy pur-
chase Of Wall street properly. and will erect
one of the finest commercial buildings in this
city. Samuel J. Tilden is estimated at from
100000 to $4,000. 600, most of which he
has made in speculation. He began this
acquaintance with Wall street men gave him
an unusual advantage. This has heen ad-
mirably improved, until Tilden may now be
considered the richest bachelor in America,
Moses Taylor, with So 100000, is the richest
of our bank pr, sidents. II. &. Marqusnd
rates about the same AS jim Keene Viii.
liam Il. Vanderbilt and his two sons (Corne-
Illus and Willism) are worth 100000 900.
X 10
now, as he seldom appears in business trans,
actions, but he is good for dozen millions.
THE sTUARTs AND OTHERS.
Robert l.. Stuart, the survivor of the gu,
gar manufacturing brothers, is estimated at
$6,OOO00O. Judge Hilton is OF equal
wealth. lie got all his through his &C.
qusintance with A. Il. Stewart, the mer.
chant prince, who made him heir 10 $1,000
900. The judge then made az exchange
with Mrs. Stewart, which was immensely in
his favor. Robert l.. Kennedy, nephew Of
James Lenox, is estimated at $1,000, 600.
He gave $4,000 picture to the Lenox in
stitute (Munkascys Milton) and will no
doubt make some other handsome benefac
tons. Robert and Ogden Goelet, who are
the heirs of the immense Goelet estate, are
estimated at $20000.000. The Astors are
worth more than 500, 100000, and are care.
fully boarding their wealth. Miss Harriet
Lenox, who is the heir of her brother James,
is probably worth S2,000,00O, tAe interest of
which she gives away in the manner for
merly prsctised by her philantrophic BROTH
or. Miss Lenox is no doubt dispensing
larger amount in charity than any other
woman in America. Peter Cooper is the
Oldest of our capitalists, and also the
most philsntrophic. He is now in
his nnety.irst year, but not
wihstanding his advanced age is still
in possession of all his faculties. He Is
estimated at $1,000 900, all the fruit of in.
dustry and good management. His institute
continues to be grand benefacton and he has
recently added all the late improvements
George Law is next in point of age, being
now s.. He weighs nearly 300 pounds, and
this has seriously impaired his activity. He
owns the Dry Dock bank and the largest
part of the English avenue surfaco railroad,
his entire wealth being estimated at $4,000
600. What a contrast between those last
two mentioned capitalists, for, while Cooper
has been lavish in his benefactions, George
Law has never been known to do anything
for philanthropy. He rose from the work.
ing class, but does not appear to have any
sympathy with 1t or humanity in aay shape.
HEBREW WEALTH.
This class of our citizens holds an i'm.
mense amount of wealth, but it is chiefly in
personal property which escapes taxation,
and is more easily handled than real estate
The Hebrews are increasing in very
marked degree, both in property AM in.
huence. Old rs the rnco my -, it
exhibits no effste fea.u;g While other
nations have gone out Of OK stencs, and
merely hold place in history, the Jews are
on the advance, and are rapidly growing in
the power of gold. One of the richest
Hebrews in this city is August Belmont, who
is probably worth 100000. This has been
made in the banking business, In which Bel
mont, as agent for the Rothschilds, has had
the greatest advantages. He has avoided
speculation, and applied himself solely to
this specially, investing his profits in frat
class securities. lie has never been addicted
to real estate purchases, and the splendid
house which the family occupy In tho Fifth
avenue was given by him to his wife as a
bridal present. Belmont does not associate
with the Jews, and bis family attend the
Episcops, church, but personally speaking
he acknowledges the control of tho Hebrew
customs In which he was brought up. Bel.
mont Is now past three score and ten. He
came hither from Germany forty years ago,
his name being then Schonberg, which he
changed into the present more euphonius
title. Aside from Belmont the record of