The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1881-05-13

made heavy purchase of Wall Street
property, and win erect ono Of the finest
commercial buildings in this city. Sam
uel j. Tilden is estimated at from
SO, 000, 600 to 81, 00O, 600, most of which
he has made in speculation. He began
this practice when q young man, and his
intimate acquaintance with Wall Street
men gave him an unusual advantage.
This has been admirably improved, until
Tilden may be considered the richest
bachelor in America. Moses Taylor,
with 81, OOO, goo, is the richest of our bank
presidents. H. G.. Marquand rates about
the same as Jim Keene. VIM. H. Van
derbilt and his two sons Cornelius and
William) are worth S1OO, O0O, OOO. Cor
nelius H. Garrison is rarely mentioned
now, rs he seldom appears in business
transactions, but he is good for q dozen
millions.
Robert L. Stuart, the survivor Of the
sugar manufacturing brothers, is esti-
mated at Sc, 600, 900. Judge Hilton Is
of equal wealth. He got all this through
his acquaintance with A. T. Stewart,
the merchant prince, who made him heir
to 81, OOO,O 900. The Judge then made an
exchange with Mrs. Stewart, which was
immensely in his favor. Robt. L. Ken
nedy, nephew of James Lenox, is esti-
mated at $4,000, 900. He gave q &c..
600 picture to the Lenox Institute (Mun-
kasey's Milton), and will no doubt make
some other handsome benefactions.
Robert and Ogden Goelet, who are the
heirs of the immense Goelet estate, are
estimated at $2O,OOO,OO0. The Astors
are worth more than 800, 1000, 900, and
are carefully boarding their wealth. Miss
Harriet Lenox, who is the heir of her
bother James, is probably worth ST.
DOC, 900, the interest of which she gives
away in the manner formerly pracIiced
by her philanthropic brother. 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 phil
anthropic. He is now in his ninety
year, but Notwithstanding his advanced
age is still in possession of all his facul-
ties. He is estimated at $1,000 900, all
the fruit of industry and good manage
ment. His institute continues to be q
grand public benefaction, and he has
recently added all the modern improve
ments. George Law is next in point Of
age, being now eighty-two. He weighs
nearly 800 pounds, and this has seriously
impaired his activity. He owns the Dry
Dock Bank, and the largest part of the
Eighth Avenue Surface Railroad, his en-
tire wealth being estimated at SO, OOO,-
600. What contrast between these two
last mentioned capitalists, for, while
Cooper has been lavish in his benefac.
tons, George Law has never been known
to do anything for philanthropy. He
rose from the working class, but does
not appear to have any sympathy with
it or with humanity in any shape.
Our Hebrew citizens hold an immense
amount of wealth, but it is chiefly per-
sonal property which escapes taxation
and is more easily handled than real
estate. The Hebrews are increasing in
q very marked degree both in property
and influence. Old as the race may be,
it exhibits no effete features. While
other nations have gone out of exist
ence, and merely hold q place in his
tory, the Jews are on the advance. and
oiO AopVAAy SAOWAAS IA tuC pOWCI VI
gold. One of the richest Hebrews in
this city is August Belmont, who is prob
ably worth S3,OOO,OOO. This has been
made in the banking business, in which
Belmont, as agent for the Rothschilds,
has had the greatest advantages. He
has avoided speculation, and applied
himself solely to this specially, invest
ing his profits in first-class securities.
He has never been addicted to real
estate purchases, and the splendid
house which the family occupy in the
Fifth avenue was given by him to his
wife as bridal present. Belmont does
not associate with the Jews, and his
family attend the Episcopal Church, but
personally speaking he acknowledges
the control Of the Hebrew customs in
which he was brought up. Belmont 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 euphoni-
Gus title. Aside from Belmont the
record of Hebrew wealth includes the
Seligmans, the .Bernheimers, the Marx
family, the Stetheimers, the Stems, and
others who might be mentioned in the
cov,o oonuoot;0p Inr H:nnc~,,0S, a.