Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1902-05-08

errors under the original lie Beers
charter they stipulated. without dream
ing that much would come of it beyond
making an impression on the share
holders. that they should have fourth
part OF the profits after the company
had paid 80 per cent to the share
holders. But the diamonds were so
aStouudingly plentiful that this fourth
OF the surplus turned out for the ten
years before the war about a million
dollars a year. When it is considered
that Rhodes and Belt were likewise
.le chief shareholders, with their 30
I per cent and their three-fourths of the
surplus profit. one can understand how
it is that they didn't run short of pin
money.
Suffered by African war.
OF course the war cut off most of
this income and Mr.. Belt doubtless
feels the pinch of poverty severely.
1t is hard to have to live on the in
terest of $1,000 900 or so when you
have had formerly an additional in
come of maybe million or two a year
for current expenses.
The Belt interests are not limited,
however, to Johannesburg and Kim
berley He helped to originate the
British South African company, and
has huge interests in the Chartered
company. paying his share of the com
pany's annual deficits with a steady
confidence that showed his loyalty to
Rhodes. The De Beers company got
a grant of 400 square miles in Rhode
STA too, in return for their help at the
time of the Matabele war Belt is
| director in the Rhodesia railways, lin
| tied and was so much in sympathy
with Rhodes that he had hand in the
! jameson raid. Through his firms he
/ controls companies having a nominal
capital of $l00.000000 and as most of
the stock is listed at high premiums
! it may be imagined how great is the
| influence he exercises. Like Rhodes
again, he doesn't speculate, and the
confidence in his judgment and finan-
cial integrity are so great that there
| is whole swarm of little fellows with
only 10000 900 or $20.000.00O apiece
ready TO put as much as he asks for
into any scheme he has on hand.
One of the Quiet Kind.
What manner of man is it who has
a grip of more power over human fort
unes than even the Autocrat of all the
Russias?
He seems TO be chiefly remarkable
for negative qualities. He has none of
! the slapdash, devil-may care ways that
distinguished Barney Barnato, none of
the taste for blufiing that made Hooley
celebrated. none of Rhodes command
ing individuality, no fads, no taste for
| ostentation and no niggardness. You
could not find better example of
a polished. courteous, reticent. well.
balanced man of the world
A man who has dined occasionally
in Belts Park Lane house says he is
an admirable host; not ELUSIVE GER
tainly, but simple and cordial and
genuine. The house itself has been
furnished with an eye to the avoidance
of display. Perhaps it's most striking
| feature is rockery just off the dining
| room, which, with the pressure of a
button. becomes a beautiful series of
/ waterfalls, delighting the eye and
| cooling the air. Choice dinuers are
| given there occasionally, and high and
mighty folk are often among the
guests, but most of them are business
connections of the host in one way or
another, and women are rarely In
| cluded.
II is dramatic to picture a multi.
millionaire as working harder than
any of his employees, and as being
obliged to live like Rockefeller on
crackers and milk-providing one
can't go to the other extreme and have
him light his cigars with thousand
| dollar bills and have his pet poodle's
teeth filled with gold-whieh last
manifestation is matter of record
in the history of Hooley. But. unfort-
unately. this quiet, courteous little
German Jew does not come up to any
of these requirements. He does not
even work hard nowadays, and spends
good deal of time riding. a recrea.
ton OF which he is as fond as Sir
| NhalltS lilkt. lie mas SuCCumDeu to
the fascination of golf, too. and al
though by no means a bon viviant. he
seems to get good deal of quiet en-
| ioyment out of life
Can't Get Near Him.
Reticence seems to be the Belt
motto, 1t is harder to get into his
business offices in Bishopgate street
the finest business Offices in the city
than it is to get into the sanctum
sanctorum of the Bank of England;
and as for seeing the man himself on
any business short of million or for
some personal reason. you cannot even
! approach his private secrctary's pri.
] waite secretary without an introduction.
The clerks in his employ include sew.
eral members of the aristocracy, and
nearly all of them ere Oxford or Cam
bridge men. Even the office boy is
cultured.
Although this south African poten-
tate is not as lavish in his gifts as
Andrew Carnesia and piNrDnnt Nor.