Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1907-01-04

WY Sc. raul ii JuSC AEHlag Out liz 4s
the worlds richest man.
Tee author Of tina article is Charles
P. Ncrcross. and it is interestingly
written, no matter whether one
agrees with the author or not.
Thu aut1or calls Mr.. Weyerhaeuser
a Gland graboer, and says ne hiss
followed some of the illegal acts Of
other captains of industry but,
nevertheless, hands him the palm as
the worlds richest man.
Lumber and foresight
That's how Mr. Weyerhaenser did
1t, says the St. Paul Daily News.
He owns about all the forests there
are left in the United States and has
in his Golfers the proceeds in hard
shekels from the sale of the timber
cut from about all the forests there
ever wara, according to the magazine
article.
And his holdings are advancing in
value by unparalleled leaps and
bombs.
Onp plsc. of yellow pine land held
10 years ago ut $75, 600 is urobtainable
at $3.50, 600 today Another tract of
spruce ard hemlock purchaser five
years ago for $l2, 600 was recently sold
for $500, GOO.
TIE magazine article tells how the
Weverhseuser fortune started from a
dinky eawmill in the Wisconsin woods
no. very long ago, 1864, and developed
until tcdar it is reape1 from an en-
pire.
"Weyerhaeuser and his associates
have done their part just as Mitchell
and mang other men in the North west
did 7hoir part. in securing lands
fraudulertly, says the article:
''Wey erhseaser wealth and cppor-
tunity grew out OF q national CRIME.
As shrewdly as the first Aston sought
out and accumulated New York city
property, Weye:haeuser has sought
out and secured the best timber pro-
perties. - asserts another section of
the narrative.
One recent deal Is said to have
Melted Mr.. Weyerhaeuser profit of
$40. 600, 600.
If st. Paul really has the very
richest man in the world, what
abont him? How does he live1
Where does he spend his time? Who
knows him? Who ever sees him?
How about his social standing?
Lots Of people In st. Paul probably
don't even know his names In the
directory. Lots more never had a
glimpse of him.
The magazine calls him IMAM Of
mysterv,' just about right, too. may
be.
Frederick Weyerhaeuser lives in
substantial but not at sill pretentious
home at 1855 Summit ave. He has
several children, some married, others
single, and his wife is living, yet it
isn't often the Weyerhaeuser' are
chronicled at swell functions Of tbs
"4OO'' though, Of course, they are
entirel eligible from every aspect.
Mr.. Weyerha euser is seldom seen on
the streets of St. Paul. or rather his
presence about town is not frequently
remarked. "Jlm'' Hill would create
more of furore on 4th ct. than the
whole Wey erhaeuser family.
But Hills vast railroads are only
toy money makers as compared with
the Weyerhseuser forests, if the maya
zine article is correct.
Over IN the German-American Bank
building, Room 20, is Mr.. Weyer-
haerser's of1ce-just like any other
ofice-comfortable, some desks, type
writers clicking aud swinging door
behind which the richest man in the
world sits in q swivel chair and dan
giles his legs much as does the $12-a-
week clerk outside.
Mr.. Weyerhaeuser isn't heard of at
the Commercial club-goes to the
more aristocratio Minnesota club
sometimes, and the doors of the Town
and Country club are open to the
family, but
Well, not many people knew St.
Paul numbered the richest man in the
world among it's citizens. and If it
does St. Paul is mighty glad of 1t.