The morning call., 1892-03-13

1910 "iu yet tutIt are lufly StfTty men In
that section whose several fortunes range
from i've TO forty million dollars. No az
tempt was made TO get at the vast wealth
concentrated in the hands of the very few
men VINO control the coal output OF the great
fennsyivania mining regions. Yet it is a
iact tnat the 194, 062 acres Of coal, iron and
TIMBER land owned by the Philadelphia and
Reading Iron and Coal Company is really
the possession of three men who may be
sara 10 contro! the coal output Of the coun-
try.
NEVER BEFORE RECKoNED.
No attempt has ever been made to get
INTO list Of this kind the vast wealth con-
roiied by few men in the whisky trust.
Inc brewers of the country have always
oeen omitted from these large lists, and yet
such men as Adolphus Busch of ST. Louis
ana Mr.; Pa5st of Milwaukee are BY their
own own, admissions worth from eight to ten
million dollars each.
IN THIS statement to which l refer no
attempt was made TO get at the great wealth
owned by individuals in the dry-goods bust
ness OF the country, and yet have before
S me Statement from the City As SCISSOR Of
john 4. Davis of that city is alone
placed at S25,000.000. Here is list
Oh dry-goods houses controlled by men
worth from three TO thirty millions:
marshall Field of Chicago; Deering. Mill
Ken q Co, Faulkner. Page & CO., Fleitmann
q Co., William Iselin & Co., Z. S. Jaffray
q Co., A. ID. Juillard & Co.. ". ii. Langley
q Co, James McCreery & Co., Murdock's
Nepnews, &. b. Rouss. Slavert, Zgomala Il
co, Charles F; Tay & Son, James Talcott,
lieut., weller y Co., Jacob Wendell Il Co.,
an OF New York; Murphy. Grant Il Co..
Lew. Strauss Co, both of San Fran
cisco; Marsh, Smith & Marsh Of Atlanta;
Partridge q Netcher and James II. Walker
Co., OF Chicago; Richardson, Williams &
GO; OF New Orleans; Bliss. Fabyan IL Co..
L.. Rrp a EaId G. No
Case, Dudley, Batelle. Converse. Stanton &
Cullen, Harding. Whitman & Co., c. f.
H0yey " Co.. Jordan. Marsh Il Co., Parker.
Wilder " Co., all of Boston.
when, furthermore, the vast fortunes of
the individuals in the mining regions of
michigan and Wisconsin. in the flour dis
tfict OF Minnesota, in the bullion section of
San francisco, In the mining region of the
Northwest, In the iron interests. in the
grain interests, in the packing interests, in
the insurance interests and in the news
paper properties of the country. are added
TO the Inventory it will be evident that $50
men OF the country control twenty millions
eaen, or total of three thousand millions,
and that there are 1000 firms in the United
states having an invested capital OF from
hfteen TO twenty thousand millions, or well
over quarter OF the amount estimated as
The capital OF the business interests of the
country.
AN EXAMPLE.
Take for example Kansas City There
are ID that town of 40, 600 inhabitants
seventeen individuals, the wealth of each
OF whom Is estimated at s., 500 CO or over.
with an aggregate of S5O.00000O. have no
ngures on hand TO show the total capital
invested in st. Louis, but the list of its eth
Zens who are worth over s. 000, 600 shows
tnat large proportion of that total is in
me possession OF thirty-fOur men. whose
fortunes range from S25,000,000 down to
S2.0O0.000.
A list of Denver's rich men was sent me
recently and youched for as correct al the
Time IL was first compiled, early last year
III IS likely there have been some changes
since then. The list numbers thirty-fve,
and includes several having fortunes Of
S3OO.OOO. and the rest reckon their wealth
at from SL0O0.O00 to $1,000, 600 each.
Although have no complete similar list
from other cities l have the tax returns
from many of them which show in
ton OF wealth. judging from these
tax returns have list of forty names of
Boston properly owners whose fortunes
probably range above So 600, COO and as
nigh as S40000,000 in several instances
The largest individual taxpayer in Boston
during 1891 was Frederick L. Ames, worth
$40, 0O0,OO0 who turned into the city Golfers
ca, 1883 So as against Std. OF 90 In 1890 and
S42, 172 90 in 1889. J. Montgomery Sears.
who Is presumed by many 10 be Weather
man bioh NIL hInts. Increased MS taxes
from SJO,9J0 50 In 1859 to S5i 100 rs in 1891.
a similar list could be made up for almost
every large city in the country, with the
possible exception OF Brooklyn. In that
city OF over 100000 Dhabitants the business
agencies give the names Of but FIVE corpora
tions IN which the capital invested is over
100000. There are number of very
rich men in Brooklyn, including John T.
Martin, with his estate of $1,000.
GOO. and J.. S; Il. Stranahan with
S4,OO0,000. Besides these are numer-
GUS miIlionaires who have been counted
in the New York list, as their business
interests all center there. The Philade phia
list would include President McLeod's
associates in the direction of the Pennsyl-
wanna Railroad. who control 100000, 0U0,
ana While It may be true that there are as
many stockholders on the books OF the
pennsylvania Company as il has employees
the corporation Is well in the control of a
very few men.
LIST OF MILLIONAIREs.
The most interesting fact developed in
the investigation of the millions controlled
by individuals in New York is the revela-
ton that Russell Sage is today a richer man
than Jay Gould. Talking with gentleman
who has had occasion 10 consult both men
on this matter, l was given the information
that within the past two years the wealth
OF Mr.. Sage has increased enormously, ana
that IL might be safe 10 say that MANY of
his largest investments have Melted him as
high As 20 per cent. 81 would say" said the
gentleman, that Russell Sage Is worth
$50, 000, 900. ana that Mr.. Gould would have
nothing left should he lose $50, OO0, Co.,"
In list at my command the name of
Hetty Green appears with the usual forty
millions. While believe that it Is a fair
estimate, / have 1t from several reliable
sources that her fortune is now nearer fftv,
II is not two months since Hetty astonished
her banker by appearing in a new kind Of
cardigan. She had taken a buffers frock
coat, cut off the tails, sewed buttons ON the
lapels, and she insisted that it was the
cheapest and best cardigan she had ever
had. i mention this to show that Hetty is
still saving her pennies. Here is an interest
ing list OF miIlionaireS OF the country. al
though necessarily incomplete, whose for
tunes are ten millions or over:
John ID. Rockefeller New York ...,.S 1925 OOo ono
W w. Astof' New ork.,.... l20. 0O0 900
husset age, New Aork-...,........- 90. goo 600
Jay could New ork ..,.............. 10000 200
hehTy W flaglor, New orS. ov. 1000 600
Charles Crocker estate. California. 90 OO1 O00
Charles Pratt estate, lew York IS OOn opn
william X. Vanderbilt. New York. -. so OO0 ana
Cornelius Vanderbilt, New York. so oOo 400
Fred W. Vanderbilt, New YORK. IS OOp o,i0
william AstOr, New York. ............ "a OnO ooI,
John Montgomery Sears, Boston 49,. 40 600 01t,
Louis {. Tiffany, New Iork............. IS 600 O0O