New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-06

ing transcontinental railway Was ,d ~ aid in IT'S
CONSTRUCTION by "A subsidy Of slSop He s.s os, a
N tr for t d t arros the mountains. And to
this added an immense lana gr -, and in few
DAYS formed combination build the roan Tnr
contracting do oncfourth OF ne wo' NJ S3o miles
Which he completed in o3 days althonsh iT The
of this road cost over s2pWow 70 roditcd with
a comhincd fortune of s2ooCoo9 one 81 a tmfI but
rn ve"Ts alo his only son died and he then decaSu
TO establish a university in memory OF t.S ve, I'm
he did in prince fashion iIT farms con-
tanning 5000 and. ewing 10 % ' nGdcd st
worth of securties and at ms io,a af rf by one
university egarlK OF ~ leaning Of s225coON
which Is said be " orld's record tis W. ,,,nn
announced her intention OF leaving Land me" stanford
was elected Senator for alifornia 1wn Oh S
n of ,hc 5rockers are able energetic men,
ana have increased their Inherited millions
THE STANDARD OIL COMBINATION.
OF more recent growth than The rHclc Ta, tion
'millicns is'the famous Standard VII hn times as
large Indeed Judged by the rule of rapid grotwi,m
il Is the most remark iblc instance OF money r'ne
stnym in he his,Dry OF American millions. Thirty
five years ago five young men. most OF thrn iy'nS
romparativcy poor probably the whole parry couiu
not boast OF fl0.rD. Jaw monetary possS',hteS ola
riyrr ri", They went To- it and then. and
they got it, To-day that same party %, NM mon NEW s
", almost the old rapid rate; for in May. 1896 the
STANDARD or PAID one qurier On OF course
In. standard Is wicked monopoly. ana mas
The world has and perhaps always will have John
d. Rockefeller. the brain and nerve oi 'n .5 Si"n
trust" Is ruddy- faced man with eye so mid ga, ana
manner genial that IL is very hard TO eau DIN "
"rraspng monopolist' His hobby new ~ e| tsh
ZION and be- rides this hobby In robust many ,aSn
ION He taken the University OF chicago uhnsr
his wing. and ALREADY me sum OF ~ - ne new new
SAT Of learning IN the second city of the republic
and his name viii perhaps be- best shown by quot
Ing this letter from Mr. Rockefeller TO the PHI,
dent of the university IN question. u IS 'horous"s
Sar srI wish to contribute to the o snq ho%9s
maxi This gift ~ IA special thank Offering to Al
mighty God for returning hsath 99H ETF tTIf
The great mcnoH9st n@y Trii ,ia TH [S " ali
Events in "a VERY I;tlcai way they dun the edge
Of criticism and kill the venom In much tax against
some good folk 10 wis., ~or ilncssto the great
On King In this wny. admit. they are open TO
The sc.ond 'power' Of the STANDARD Trust il IL
tlas,r man Who wars nj. nmnnT,a lion
are ~. is tho last person in the world to CAIN
o al ihii m ha, ncs s Sco@S in ventures
which hay. made directly for The health and happ-
into the people 81 State Just recovering from the
exhaustion ply steal moral ana ha man ga vi u,
! not expected when mad" To pay. on" penny OF M
cone Mr. Fael'rs mon"{ was pa, ~" grUuP 81
/ Fla "A great sani'arium hitherto clo'cd to many
owing TO he mi,N" nn,nt" "i h",'l 'hnhby
housandr from afar find hcal,h and pleasure, WINE
local W lnc kcngd by IN" 1 s fr nr 70, M
William G.. Whitney is another Trust man am
in .r' ,l l,l ra,ilod sccrc@ry Of the Navy
/ in the first cleveland Administration man anon ,
VIII" r ali arns, the trust Ills only daughter mar;
! I..d some tim" aro son oil inc '"'' LOT" AMI"
JAY GorLps FIGHTING QUALITIES
/ Tho Anglo-SaNon loves the plucky man; aud for
mis- rc son Jay ooul with all his faults. chalirnsrs
a certain amount u admiration; for h" was AWAY
entity stronger Than hn~ u "a" forums t c l', -,
,,, rf. world air .,iy knows his story that Is.
/ ~. DIRK sid, Of b.. how ne wrecked and ruined
non and enterprises. W. interruptions ana mrrcl-
i,-s. how from Icing poor lad on farm IN Ns o"r
/ h..iil h. met ami mastered N" speculative giants
/ ~, ,r, worm S. coCo An this Is known, but
would Ike 20 put this ore memory OF JNy r1uu o',
',gar 10 remember u n seated before blazing iire
r. the hhf'rS Of man So" - s'''' Tsr me ny
ih. ,.ufr, trb. Jay could !. seated m 10" ',lna ,
h mold. ttd also shows 80 relief against The back
Round of shadow his el'au-cut features II u ,n'
/ question hn,, asked about IN book. hnd thr
,, ,r. hfimmlnr over vim that thoughtful look
! which show. if'o mind and hapN to'n'nl
d.. , l-, th. look falls from a n"rycess hand
~, rno,n. he seem. suffer the fortunes of the
damned Then be-" pulls hims' II tos'th'r hrsS 10 n
,,-,d and hon eocs sowy up ne 9rGSd s'I nv
Way g. pass night II 1nsuish III. Nrm"S'S H.
/ Rim forty years an enemy which all ms wc"lth
! could moi brio, had cll med It's pound of nrSh.
! ,Shif. wnil whispered Il am SO tired. tired. ana
/ men ,''nn" yth , u.,, meaning Gould grabbed
for gold 20, it. and this ~as All he did get o" OF
.rn. Gould fortune VS. divided into six equal part
tof about N.v"N1 ri'h "l' io '.'n 'r''',. Ill.,, -
.r' -. ,,',,rp Tho last i've years 81 his fathers
H. ~. I,"isi,n too was 10 be- nnal on all dis.
rut.d points regarding management oi '~tH'' ann
/ u" rhud vac to viii an money to other than hiS
n,, i.t,r or marry without the consent of II ma
loriiy q the brothers and sisters
HOW THE MORGAN WEALTH WAS GAINED
I, may n r to follow H. bric refgrsnc ion no
NJ great railway ~r'ck'r Win IT," wYiu noyyn ro
Inndon nn.mci,r- as IN Nrw-York. his hon" f3r
be- Wnrr"n millions ar, the fruit Of legitimate bank
i,, and ,nm,nrfcr ard the present representative
81 the house na ircrcascd his inherited fortune hy
n n, loo Wy in The worii Of Wall street stands for
clean methods ana coslr1orN" s,n,,Iatcs the new
| r.n.r,tion 10 a better business tone by showing
csry ina, I9" FRA, w@rh rHc Morgan fortune
vas founded hv j MorgAn. IN" father oi >. Ii'i,
i,Dr fT"i clerk in a ,rygoods shop then clerk in
/ tank he was able ont Of is savings al ,r aye OF
hous, witch took ,hc FIRST place In thc Rrrmn
lie Vt forythree years oi age ~, r N'1., , 'Vr.o,,
innr"ss,J H., Morgan ability that he offered him
! partnership In his banking firm OF George franody
4 "a Witch on tho death OF tho great phllan-
| fhrnuist became tho firm OF J. ;. Morgan * 20
! MIR Morgan lived years IN l.onnon' ana dd :"
| much 10 improve tho credit OF the tinted states
! that on his return to New York. IN lN', banquet
vas given him 1T which the men there present arc
.atd r. have roprescnicd a total wealth OF 81 ,WD
90 lIc died AZ Monte Carlo I'm 1890. and his son ller
mont Inherited Sic rOC0 lie was AT the tlInc OF MS
flthcr's death. however. already n very rlch man.
his wealth has since increased by leaps ana bounds
! and n. IS now rlnkos worth from SOVhWW 10
| s,OAanWo Two Of his former partners. FRANK pr"N-
| 81 and Anthonv Drcxc each LETT estates exceeding
! 80 ora 600 together giving the sum OF NOn.w 10
/ found charitable institutions In or near Phadel
| uhi, = Morgan. who WAS most chnrltabi'
turing his life also left n large sum 10 college at
| death