The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1883-07-19
suMbdERrNG Hi1ILIONAIREs

stMMERING M1LLIONAIREs.
Homes at Newport of Some 81 The
NEUTRALITY-SUSPICIOUS. LIvinR-A
GentIeman Who Pays $4,000 .
Week for His Eight Weeks vaca-
ton.
A correspondent of the Boston Jour
nal tells of the luxury and wealth 1T
Newport, where millionaires spend the
simmer months:
Itisrough1y estimated that at least one
half of the real estate in Newport isownetl
by summer residents, who pay taxes on
! property varying in assessed value from
SIC, Go TO $4O2, 600, upon which latter sum
Mrs. William CANNED pays, while Mr..
Geol ge Peabody Wetmore contributes to
the general support of the town With
taxes on $2Ol ,OOGOf land. The cottages"
which these millionaire residents occupy
are in reality mansions and tit for .
Prince. The most striking are those of
Mr.. Jacob Astor, who is occupying
''Rcaulieu," once owned by Bareda, the
Peruvian Minister, and for which Mr..
Aston paid over $500, 900; Mr.. George
Peabody Wetmore. whose cf'ateau-snr-
mer," built of granite, hes ccst ';im q
fabulous sum, the magnificentIy carved
staircase imported from Italy having
cost no less than So, 600; MIR Robert Goe-
let, whose beautiful house. commanding
a magnificent sea view, is erected on q
lot for which he pail the widow Of Colt,
of revolver fame, level 500. 1000; Mr.
Pierre Lorillard, who Is taxed or 1884,
GOO. whose latest real estate purchase
hara WAS the famous Lawrence Staigg
lot which was in the court for
;hnt time yeAi decreased in value
eleven times what it was worth when
the Boston artist bought it; Mrs. Gard
ner Brewer of Boston, whose estate is
valued at $l33,OOO. This Is most
charming place. and is very appropriate.
" named 'Finisterre," being at the end
Of Bellevue avenue, and also Of the IS
land Of Rhode Island. Here it was that
in 1877 Mrs. Brewer, assisted by her
very popular and charming daughter.
gave delightful fete for the benefit OF
the Cd South church. Mrs. and Miss
Brewer are enthusiastic collectors Of
rare plants, and spare no expense TO Sc
cure the very latest additions known to
| the world of horticulture or Horticulture.
Then there is Thomas F. Cushing OF
Boston, whose charming house behind
the rustic fence IS the scene of many q
brilliant entertainment during the sum-
mer. Miss Catherine L. Wolfe Of New
York is fairly astonishing the natives by
| the Ualatial dimensions and gederat
mapnificence OF the brown-stone villa
she is having erected on Ochre Point
and the finishing touches OF WHICH will
soon be put on. The land itself cost
$751;, 900, the house being built upon the
site of the William Beach LAWRENCE
homestead. which Miss Wolfe would
not sell to have moved OF because ~
would recessitate the cutting down OF
one compatatively insignificant tree.
Miss Wolfe is now in Europe purcbas-
ing furniture, carpets, rugs, bTic-a-brac,
ETC.. for the house. 1t is believed thas
when the building is entirely completed
and furnished very big hole will have
oeen knocked III q malt million dOlIa1e.
Thousands upon thousands of dollars
| are being expended upon the grounds,
terraces are charmingly arranged, beau
.iful flower gardens and SO on. The Ia
;est addition to our wcalshy cottage own
ers is Mr. +. J. Montgomery Of Boston,
who thanked down $50. 600 cash for Gen.
eral Robert 3. Potter's beautiful place.
The Rocks Kiss is situated at the south
end Of the Island, commanding q mag
nificent view of the Atlantic Ocean
There are mary more of these million
aire residents fieir summer houses
are built regardless Of expense; in fact
They give no heed to money matters
where comfort is to he had. Some Of
these have to pay pretty dearly for their
seaside outing. Take Pierre I-ori!)ard
for instance. His estate is taxed for
1854 600. Interest money, taxes, lnsur-
ance and repairs cannot be reckOned at
4 fraction less than 10 per cent. Mr.,
Lori.|ard IS never here more than eight
wees i'll a year Therefore a tenth
part ofhis property, which is only taxed
It two-thir.Is its value, would equal
about 500, and this sum divided by
| eight would bring his rent per week at
| about si5fW! From there figures 1t will
| readily lie seen that owning a cottage IN
Newport Tor summer Occupancy ia AN ex-
pensive luxury, and one ii, which the
| ordinary run Of mortaIs cameo indulge