The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1889-06-26
RICH MEN IN TEE CLUBS
Which Can Boast the Larg-
est Aggregation of
Personal Wealth?
THE CARTERETs SEEM TO LEAD.
But Neither the Palma Nor Jersey
City Athletic Is Far, If Any, Be-
hind Them.

To the Editor of the Jersey City Neacs.--
Kindly inform me through the columns of your
valued paper which club in Jersey City possesses
the greatest amount OF wealth among its mem
bers-that is which club represents the iargesC
ship. ZAccA
This little note which reached THE JER-
sEY CRY NEWS Office last Saturday even
ing, suggests an interesting enquiry.
made round of some of the leading
and most active of the club members this
morning to find out what could belearned
on this subject.
One of the difficulties the problem pre-
sented grows out of the fact that many
wealthy residents of the city are MEM
bers of all the clubs
cARTERET VIEW.
''It is pretty hard work to say" one of
the best known members of the Carteret
remarked, (which of the clubs represents
the largest aggregation of personal
wealth. But should not be surprised if
it were the Carterets. 1t is the smallest
in point of membership, but then each
man in it represents a fortune. There's
Thompson, worth half million, and Ap-
gar, worth another half million; Cum
mings, who married a daughter OF Packer,
the big railroad man, worth prob
ably 100000, Independent of his wife's
rtune But MT go over the list;
It's too long altogether for the time l
can spend talking with you about it. l
should think that the total wealth repre-
sented by the club is $4,000, 600, possibly
more. Now, there are more members in
the Palma and Jersey City Athletic Clubs,
but the proportion of wealth among them
does not equal that in the Cartarets. The
young element that cannot be expected
to show up large wealth is present to
some extent in both those clubs. 1t is
more largely present in the Jersey City
Athletics than in the Palmas, and as be-
tween those clubs shouldn't be surprised
If the Palmas were the richer
STANDING UP FOR THE PALMA.
"There isn't the least bit of doubt"
was the positive shape the observations of
Palma Club deyotee took, that the
Palma Club is the wealthiest of the city
clubs. There is not rich man in the
Cartaret Club nor a rich man in the Jer
sey City that is not connected with the
Palma. If the Cartarets can show up
s5,O0O,000, we can show up 100000 or
SS,000,0 ,000."
''Let me see," said Jersey City Ath-
letic Club official, who are our rich men,
anyhow. There are the Giffords, worth
half a million; Peter Henderson, worth
another half million, and his brothers,
Charles and Alfred, worth 100000 more,
Frank Bonnell, worth 100000; J. M. Tap
pan, worth 100000 or SO: Sam Mount,
kerhoff, worth worth s15o,ooo; w. W.
Coffin, Tom Williams, DR.. James Wilkin-
son, Colonel John j. Toffey, George
Helm, William G. Appleby4.why, Helm
pleby is not much behind him-that isn't
half the test. think it a safe wager that
we can show up as much wealth as the
Palmas or the Carterets, either, and I'm
not sure that we do not distance either.n
THE BERKELEYs NOT IN.
"We, of the Berkeley Club, lone of that
organization of good fellows observed,
modestly, must get out of that competi-
tion. We can't stack up against either of
the other three clubs In the matter of
wealth. We have some rich men among
us. John H. Bonn, the president Of
the North Hudson Railway Company
and Arend Strenken, for instance, but
then we cannot produce such a list of
well tried members as either the Car
teret, Palmas or Jersey City Athletics.
The wealth of all our members would
foot up more than two millions, however,
but of course that is not anywhere near
the mark that can be reached by either of
the other three. My own personal notion
is that the CarteretClub is the wealthiest
in the CITY,"
Another gentleman, who is in all the
clubs except the Berkeleys, began to
speculate when put the question to him.
He figured it out that forty or fifty rich
menin the city give the element of wealth
to all the clubs by allying themselves
with all of them, and that the total
wealth they represent is not over S7,000,-
600 or $4,000, 600; that the Cartaret Club
embraces pretty nearly all of them, the
Palma Club smaller proportion of them,
and the Jersey City Club about
as many. The larger membership
of the Palmas and Jersey City Athletics,
frbt hri1, tafof tfNf fl,of
of the Cartarets, and he therefore regards
it as a nip and tuck race between the
three for the lead in the matter of wealth
of membership.