Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-11-03

SuTcSt anu must pTOHldDie leSfIIIldiG
business known-namely, life insur-
ance. He himself started in New Jer-
sey the company of which he is now
president, and the policy holders did
The rest.
Though young man, only Al years
of age. Senator Thomas Kearns, Of
Utah, is already worth something like
$1O,00O,O00. He is a brilliant example
of progressive Americanism, and has
done much to build up tAat part of
the country industrially by the con-
struction of railroads and the exploit
tatiOn of gold mines.
John Kean, the other New Jersey
senator, is rated at $5,0O0000 His
wealth was mainly inherited. He is
the head of a family which, for some
generations, has known how to make
money and invest it safely and profit
ably, the fortunes of its various men,
| beers being kept together and utilized
as capital for conducting a number
of important industrial enterprises.
Another senator who has inherited
great wealth is George Peabody Wet
more, of Newport, r. l. He is worth
not less than S1O,OOO.O0O. His friend,
| '
ROosevelt's closest intimate, is prob
ably the possessOr of about $4,000. 900,
likewise inherited. Senator Lodge has
two homes which may fairly be term
ed palaces-one on Massachusetts av-
enue in Washington and the other at
Nahant, Mass.
Redfield Proctor began life as a
poor boy, but today he controls the
marble output of the state of Yer
mont and is easily worth $5,0OOO0O
Like him. Russell \. Alger had moth
| ing to start with, but rose to be sec
rotary of war, with fortune at least
equal to that of Senator Proctor. In
his autobiography in the congression-
al directory Mr.. Alger speaks proudly
of the fact that he was brought up on
| a farm and taught school as n young
man.
Nelson w. Aldrich represents diff
ferent line of personal activity
Whereas Mr.. Alger made his money
mostly in Michigan lumber lands,
Senator Aldrich earned his fortune,
which is reckoned at 100000, in
street railroads and other enterprises.
| At one time he was a wholesale gro
Y
railroads in Providence was built up
and consolidated under his manage
ment, and he is one of the largest
| owners of stock in them.
L. c. Plat, the easy boss of New
York, got most of his money out of
the express business, and may be put
down at $3.OOO.OOO or $4,000, 900. No
body knows how much Chauncey NJ.
| Depew is worth, for the Peach is
secretive in such matters. but it is not
! less than a couple of million dollars.
| For more than a generation he has
been chief business manager for the
| Nanderbilts, and in such employment
a good many opportunities for sue
cessful speculation and investment
| could not fail to come to him.
The two West Virginia senators.
Stephen B. Ell<ins and Nathan B.
Scott, together own a large part of
that state. At all events, they control
| its industries to n great extent. par
ticularly the railroads and coal mines.
1t is supposed that each of them is
| the possessor of at least S10.000,0OO.
Mark Hanna's $1O.OOO,OOO is invested
| chiefly in the iron business and in
steamship traffic on the lakes, but he
is interested in quite a variety of 9TH
eT enterprises, owning two or three
hotels and an opera house His col
league from Ohio, Joseph b. Foraker.
| is Il large stakeholder in electric troll
| legs, and may be reckOned at $4,000
900 perhaps. He has made speciality
of the study of trolley law, and knows
more on the subject than any other
man living.
Arthur p German, of Maryland, is
worth over $1.000,0O0, derived from
| transportation and other business en-
terprises. Senator Fairbanks, of In
diana, has n fortune equally large,
earned from railroads. Paris Gibson.
of Montana, and Murphy j. Foster, of
Washington, have a million apiece,
gained from mining and lumber, while
the two California senator's, Perkins
and Bard, are credited with So. 100000
| apiece. Perkins made his money in
steamship lines, and Bard in oil.
Francis +. Warren, of Wyoming. is
a great ranchman, and may be put
down at $5,OOO,OOO, while Thomas NJ.
Patterson, the Colorado senator, is
probably worth as much. Finally, to
:
of Maine, who became a millionaire
| by marrying the daughter of Zachar-
| iah Chandler. a merchant prince of
| Detroit, and formerly senator from
Michigan. 1t would be safe to esti-
mate Mr.. Hale's fortune at $2,000,OOO.
Nothing is easier than to over esti-
mate peoples wealth, and to speak in
terms of millions tempts to eXaggera-
ton. But an effort has been made in
this article to be conservative, as well
as accurate, and the figures given, in
so far as they may err, are probably
under rather than over the mark. 1t
will be noticed, for example, that no
mention is made of Mr.. Quay, of Penn
sylvania, though he is generally sup
posed to be worth as much as $1,000
600. Nobody can say so with certain
/ ha i loft ont Of tho lict