Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1881-03-29
HEE OF MlLLlnNs

Americans Who are Rolling, in I:ound!css
Wealth.
The richest man in America. and near
~ the richest in the world, is William Fl.
Vanderbilt. His fortune is set at abont
S200,OO,0o0. Next to him comes jaw
Gould, WHO is reaching S1oD,000,ONO. The
immense estate oi the Astors is worth
much over S50000.0Do. Fortunes rang
ing from $'lc,OO0,00o, 10 S15,GOOOOO are
almost common--so frequent, indeed,
That the term millions" has almost lost
ITS immensely as a figure of speech, and
Is employed now where that OF thousands
used TO be. Oar fathers spoke of a man
worth his hundreds of thousands, and
we, the children heard them with the
same ave as that witt, winch we listened
to the description OF the fahletl treasures
OF the fairy tale. Our children do not call
man rich unless he has passed the goal
their grandsires only considered in such
names as the Eothschilda, who were re-
garded as types Of wealth no man would
ever peer. Even David Jones, the
brewer, who died last week worth SlO,-
0Nl,OGD, did not receive a half column
obituary notice III any morning paper.
The man who wanted Il make a census
OF the millionaires of New York for the
year 1881 would almost need whole
newspaper to do it in. Their name is
literally legion. There are azores Of them
whose wealth cannot be known, because
1t is invested in such way that it is not
required to pay taxes, and leaves no an
nnal record OF itself that can be arrived
at. Dennis Kcarncy called these men
b!O.ted bondholders. and they are, in so
far as the latter clause is concerned.
They are men who invest their vast ac-
cumulations in government bonds, draw
the interest regularly, and add it to the
principal, and SO go on hcaping up a
monstrous capital with no labor on their
part, and no expenditure except the orig
inal ore. Eut they are lavish with their
wealth in spite of all that may DO said 10
the contrary, and that lavishncss has
made the name cf NcwYork synonymous
for the open-handad beniiicencc which
makes!t i'll charity, science, arts aud
commerce the metropolis of the western
hemisphere. Apart from The speculative
lyrlcl. men. the Jim kccnes anl his like,
which may be millions to-day and thou
sands tomorrow, there are merchant
princes apd qniet men of fortune who,
when they die, will leave wills that run
into the seven figures, and make people
wonder why they never heard of snri
rich men before.
Nor are these colossal capitals restrict
ed TO the metropolis. Cincinnati has
scYera! well-to-do people, although forty
years ago she lad hnt three who counted
their fortunes by millions. These were
Nicholas Longworlh, WHO died in 1862,
leaving about $lO,O00,0oo, and Jacob
Burnet and James Ferguson, WHO died
in 1888, each leaving about S2,00o.09o.
Of the opuicnt people now residents ot
Cincinnati. DaYid Sinten is snil to be
worth Sl0,0000OO; G. II. Shoenbcrger,
S5,OU0,MN: a. D. Breed. 81, 100000; estate
of James w. Calf, $;G,00N,000; estate of
Oliver Perrin, S500000n; Il. Il. Springer
$1,000, GOO; Joseph Longworth. S5.UNn,O00;
estate Of $. \. BIKE, %i,0m.mM; Emery
Brothers. $$;3,2H1,0c0; 4. y. lil.lool,
Charles and join Kilgonr, ". T. HUI
bert, Samuel Foaaic!s, William S. Groes.
heck, jacob seasongond, Freibcrg &
!, Workum, John Shi!lito's estate. Timothy
} kirby's estate. Robert Mitchell, S. II.
. Barrett, H.. y. Bowlcr's estate, Samuel
Wiggin's estate, Judge p, x. ESTES os-
tate, j. G, Shorts estate, General James
raylor's estate, aud Il. i. Hopplc, are
; each worth S20Ol0ai, wl,iio the list oi
single millionaires is two numerous 10
mention.
e Phililelpl,i.. Chicago. Pittshnrg. Bos
9 ton, all make 4 similarly splendid show
e ing in th.. matter OF figures. philadcl
!. phia and Boston are very much alike il
? the fact that. though there arc lcwel
4 their population than there Arc ii Oh
: other great cities, there asc proportion
u a!clv morc men of solid fcrtnnr. Tha
II is to say, while the business man in New
s York and Chicago, having Won his Sl0O,
!! 900, !rics to daub.e it,anl having dauhlct
n ii, to duplicate II again, sobcr-sidct
o citizen Of the Hub and the Quaker Git
are content to settle whem they t'nl thep,
i selves at case financially. 1t woull quit
u start these conservative commercial Pei
g SONS 10 think of collateral investmen
8 OF from 81 900. .0G0to SGD00. .OGf in mincst
u get coal from, to run iron boundaries wit
u capitals of much greater bulk, MS 4 scor
IT of PittsbIrS ;;pi. iouudr;en &c, or to hoi
:, Il reserve Of - ,0G0,GGD for gram ope,.
c tons, like lialt Il hundred Chicagcans.
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