Omaha daily bee., 1890-01-05

laboter who used Ia work for Mark Hop
kins years ago in Sacramento. The boy
was very bright RHd the millionaire
took a fancy 10 hihilhnd sent him to
school, afterward adopting him and
giving him his name. Tim Hopkins
will be n very rich man some day and
will know how to take care oil his
wealth. He is mariied to a niece OF
Mrs. Hopkins-Searle. and the two will
inherit the bulk of her vast fortune.
Young j. ID. Pheiha will, on the death
OF his father James Phelan, be another
OF n Francisco's young millionaires,
from whom not muehtcan be expected.
Jimmie" is like young Flood-one OF
the boys, and one ptthe latter's CONSTANT
companions. lie NORMALLY has charge
of his fathers real estate, but Jimmie
doesn't bother himself much about busi-
ness. james Phelan, ST., is an illiterate
lrishman, who began his career in San
Francisco as a day laborer, and got rich
with the growth of,the city. He went
into the bonanza deal OF 1875 with Flood
and OBrien, and came out many times
Il millionaire. He is u very large real
estate owner, but has little or nothing
invested In business. His son will never
be anything but u rent collector and
coupon cutter, rs are now such young
men rs William b. Bourn, the Nightin-
gales, the PARROTS, sons of old John
PARROT, who was formerly the great
usurer of San Francisco. Ola mar
PARROT got rich by loaning money in
the old days at 10 ana 10 per cent u
month. His sons are non producers,
but the whole family is very rich.
One of the likeliest OF the youthful
millionaires upon whom so much of San
Franc sco's future depends is young w.
II. Hearst, son OF the United States
senator. He is only twenty-siy years
old, but is MT the head of California's
greatest newspaper, which he manages
with a good deal of spirit and tact for
n without either age or experience.
He is the senator's only son and the
pride Of his heart. The young mag Is a
little self-willed and obstinate, and in
clined to luxurious tastes and %eNtrava-
giant habits, but, upon the whole, he is
u pretty good boy, He is strictly tenn
perate, and is warm-hearted and impul-
sive, always doing something freakish
and sensational, but always for public
or private good. If young Hearst should
live to become u millionaire, which he
probably will. he Will be apt to make
good use OF his money.
San Francisco lost a quartet Of prom
Using young millionairos when Fred
'DIdIOu. oSuch 4hlllS III Vic DC"cy
boys took up their residence in New
York. Every dollar these four carried
away with them was made in California,
and some Of it should have remained to
enrich the state. Ben Ali and Louis
L. Haggin, sons of James b. Haggin
have also made permanent homes in
New York. and will never again live
in San Francisco. The sons of the late
w. G. Ralston are neither rich nor
possessed Of ability, and the city for
which the father did so mnch need
expect nothing from them. Altogether
unless new blood comes in to stir the
commercial and industrial circulation
of the once famous city, San Francisco
will have to look to her laurels as the
chief emporium Of the Pacific coast.
Already Seattle and Tacoma are threat,
ening her supremacy. What do her
rich young men propose to do about it?