The Butler weekly times. (Butler, Mo.) 1881-1918, 1903-05-14
ONCE A NULTI.NILLlONAIRE,
STANFORD DIES In POVERTY.

California Senator's Brother Made and
Lost Several Great Fortunes and
Finally Succumed to Broken Heart
Because Son Refused to Aid Him.
New York, May 7.-Penniless and
in absolute want, Col. Asa Philip
Stanford, q brother OF the late multi
millionaire, Leland Stanford, OF Cali.
iornia, is dead OF q broken heart at
his home.
According to his widow, his only
son failed to aid him in his distress.
She says the last OF bis fortune was
lost in speculation, with Dr.. Richard
Flower.
Himself the possessor Of several
fortunes at times, Col. Stanford felt
his poverty keenly, and three weeks
before his death made extraordinary
efforts to find aid.
When his brother, Leland Stan.
ford, died be left him 500, OOe, OF
which Col. Stanford used $50. 900 in
paying debts he had contracted while
operating in Wall street. The re-
naming $4,000 he lent to his only
living son, Jerome, who went to San
Francisco. o..
Struggling along, Col. Stanford,
who was so years old, became less
and less able to make a living, and
about the middle OF April he drew on
his son Jerome in San Francisco for
800 to tide him over.
DRAFT ON SON is UNHoNoRED.
"He will certainly help me-" Col.
Stanford kept repeating to his wife. !
81 know he will"
The draft was returned by the bank
e 1t was some moments before Col. |
STANFORD realized what had happen
I'd.
Mrs. Stanford says he was simply |
heart-broken.
"Why can't he help me?" the old
man moaned. 81 gave him the
money. 1t is more than l can
.tand."
Col. Stanford went to bed and new
'rleft it. Up to the time OF his death
he continually asked whether or not
. letter had been received from his
ION or whether the bank had not de-
Jared that mistake had been made
n returning the draft.
Col. Stanford, who gets his title
rom the fact that he was colonel
IN his brother Leland's staff when
he latter was governor OF Califor-
Tia, also appealed to a brother,
Thomas Stanford, with whom he had
,een in business. This brother went
20 Australia and is a millionaire.
drs. Stanford to-day said she had
'opy OF the letter this brother had
ent in reply, saying her husband
iced never expect any aid from him.
LAST SURVIVOR OF ORIGINAL FAMILY
Thomas Stanford is the last sur
irving member of the original STAN
ord family, which consisted OF
leland, Asa Philip, Joseph, Charles
md Dewitt.
Col. Stanford went to California in
$50 and engaged in the grocery
business with bis brothers. They
'rospered and Col Stanford, owning
ONE mines, went to London in 1872.
n three months he made 81, 900, OOO
D floating the securities for mis- mine.
lie returned and went into business
Wall street. There he lost tie
1000, 900 which was then regarded
8 an extraordinary fortune. He
,ade it back and lost it again sever
times, finally being compelled to
ave his firm owing $50, 900.
Col. Stanford was one time presi.
emit OF the Central Pacific Railroad, ,
hich was owned by his brother,
Gland Stanford, who asked him to
'sign to make place for another,
romising to pay him $1,000 a
lonth 30 long rs he lived. Stanford
assigned and received the $1,OOOl
ach month until 1893, when his
rother died.