The Providence news. (Providence [R.I.]) 1891-1906, 1902-01-30
SPENT 100000
IN ONE HOUR.
John W. Gates Bought VaIu-
abe Pictures al Now York.
GOT REEBRANDT'S ST. PAUL.
Th, PIuugsr Nov Has 50 masy pciuTss
That hs Viii Catalogue His COiIsCliOp
So ss 10 RemsnbN Then.
GOT aEEBRANDI'S ST. PAUL.

New York jar. m JOHN ". Gates ere
sted another sensation yesterday after
noon and sct thousand tongues s-was J
Klns IN uptown hotel Hobbies and clubs.
lie spent Siooo'o in about an hour ana
psn quietly about his businoss lie stroll
Tea IN 10 look nj the pictures IN Edward
hrandus az, gallery, at aol Fifth uvenue,
ana there happened 20 he several that
suited bis fancy,
lie did not - away and return WITH an
expert or ssnd cfnissaries 80 hagglo about
tho price. but he made his selections and
paid his money. and then wandered away.
Tic probably will be sstonished 20 learn
that persons who saw him were interest
eel in his little transaction and that they
spread the news far and wide.
II was three O'Clock when he wandered
into the srt store, and by four O'Clock he
had struck his bargain and turned over a
sum which represents a great fortune 10
the average person.
Mr.. Brandus would not discuss the pur-
chase and refused 10 give any details.
From another source it was learned that
the gem ot the collection he has purchss-
ed was a Rembrandt.
MI b0Afr ntNtri uNlNlrlllNl ~ iHf
painting ST. Paul. which represents that
character in prison. II is said that Mr.
Gates had expressed great admirati ton FOR
the picture years ago, but II was not un-
til yesterday that he was able 20 effect
the purchase. The famous picture will
hang I'm Mr.. Gates art gallery in his
house, at 29H Michigan avenue. Chicago.
Mr.. Gates has one of the largest and
most valuable private collections OF pict-
ures in the world, and among them are
many from the brushes OF the famous old
artists OF Rembrandts time. lie has been
adding 10 il from tirne 20 time as he
found valuable work that could be had.
As he put IL tonight when asked as 70 the
purchase:
Whenever I have little loose money
and see = picture that strikes my fancy
which can be bought I usually buy it.
Mr.. Gates said that he considered the
st. Paul one of the finest paintings that
the famous artist had ever produced. and
valued IL as highly as any IN his collec-
tion. He declined 90 give the exact price
paid for II, but said that 'it was a pretty
fair sum-" and admitted IL was in excess
of $50 00r
The purchase price OF the pictures is
about the amount won by Mr. Gates on
the last election. He went % Europe las;
summer. and paid $S0.0o0 duties on his
wife's dresses and Jewels on his return.
His method OF specuetng and gambling
has caused sensation wherever he has
appeared.
His art collection has become SO cAten~
sive and of such a varied ma turc that he
has decided 10 catalogue u. Work has
been commenced on this catalogue. but
II will be about two months before Il is
published and distributed. II is said a
copy Will be placed I'm the hands OF every
important library and. art gallery In the
world and copies will be sent to private
collectors and friends Of Mr.. Gates as
soon as the publication is ready. He is
doing this more for HIS own benefit,
however, than for that Of others.
II can't keep all OF them in my head.
he said. II have sa I1auy OF thrm thl'
set them mixed up. That's why / want
a catalogue
Little ~ known about the picture 81.
Paul except that il IL one OF the earIiest
pictures painted by Rembrandt at Ley
den, between the years 1897 and 1884, dur
ing The last four years OF his stay there.
Only about = dozen religious subjects
were painted by the famous artist The
ST. Paul is large. The canvas has ct0cd
the wear and tear OF four centuries with.
out being damaged perceptibly