Waterbury evening Democrat., 1903-05-05
,L. .arr1e COLONY OF. MILLIONAIREs.
To Be Established on the Highlands
 of the Hudson.


 of the Hudson.
 . Up in the Highlands of the Hudson, between Fort Montgomery and New burgh, on the west shore, land is being acquired for the foundation of a col ony of miIionaires that will surpass any similar, settlement yet founded. In natural beauty of site it will be un- approachable. 1t will be very exclu- sive and it will be within convenient reach of the city. J. Pierpont Morgan, James Stillman and E. H. Hartman are the men at the head of the enter prise.
 Back from the Hudson, between Fort Montgomery and the slope that begins at Cornwall and ends in the level ground at Newburgh, for several miles westward, there is wilderness of mountain ridges, land unimproved, unoccupied, as iI was in early colonial days. West Point Is in the center of this tract. Some 25,O0O acres, includ- ing the valleys, and approaches to it on the north, south and west, forms
 
 nificent dwellings and clubs. Its res idents would be miles away from all intruders, it would be seclusion of q princely sort, yet in touch with the world. -~ a~*~ %~ .,-
 J. Pierpont Morgan, whose country residence has long been at Highland Falls, just to the southward of West Point. and in the southern tier of IA %nn faf c VI acquiring hundreds of acres of noun tain land. To the southwest E. Il. Hartman has been buying land to the north of Tuxedo in the valley up to Arden, a splendid park of itself al- ready, up to the foot of. these noun tains And now the cat is out of the bag, for it has been discovered that James Stillman has bought through others, thousands of acres up 'on the mountains along the edge of Cornwall and has gradually acquired the most of the approaches to these ridges.
 The three new properties do not join yet, but month by month they are coming closer together. There re- main now to be acquired only some thousand acres of woodland high up on the mountain sides, of little value under present conditions, save to these financial princes. Enough has been secured to make the founding Of the great residence park sure. :
 How many are in this most$grand of colony plans outside of Messrs. Still man, Morgan and Hartman, no one can tell.---Their plans are not com plete as yet, the huge new territory IS not quite acquired. The less said about lo1I hi Jl- tain land will cost them. Even to-day some. grizzled owners who never thought of such thing as selling this mountain land possible are hold ing on obstinately.
 But all along the country side but little else is talked of than the buying of Morgan. Stillman and\ Hartman, and each time an offer is made for any piece of land, however small, it IS suspected that the prospective buyer, even if a townsman, is secretly an agent of one of these three capitalists and is buying for him. And the news has leaked down into New York, be- side. In the Waldorf-Astoria the oth- CT night the formation of this new an q mighty colony was discussed by a party of Wall street men, and much interest was expressed regarding who should be the chief factors in this big gest of countrysides. if a second Tux edo association would comprise the Morgan, Stfllman and Hartman groups of financiers alone.
 To the three men above named one other of the great lights of American finance is accredited already-William Rockefeller, related by marriage to the | Stil1man family who has been seen frequently the past few weeks driving over the mountain ridges to the south of Cornwall. It is about Cornwall, it should be said, that this new move ! ment has been developing most vigor- ously the past few months, where the greatest activity. has been, centered, through the lavish buying of James Stillman back from the river at the northern mouth of the Highlands, | where it widens into Newburgh bay. ! and south from the town of Cornwall itself.-Brooklyn Eagle.