Arizona republican., 1908-03-22
POOR MlLLIONAIRfS,
 SILL COSTLY YACHTS

New York. March 15.-(Special Cor respondence of the Republican)-As g result Of the money stringency. the strange feature. never before encoun- tered. is presented here of bargain counter sale of yachts by New York's millionaires. More than F4.000,OOO of thea largest pleasure vessels of the citys wealthiest inhabitants are now on the market at greatly reduced prices. That the tremendous expendi- lures incident to the maintenance and operation of a steam yacht will keep ashore many New Workers who for merly took to the sea in their own craft each year cannot be doubted. If present conditions continue. it is like ly that i sacrifice of automobiles will come next. At present more than fifty of the largest yachts owned here are in the market. an indication of the de- sire of the city's rich to 'retrench. They run in size from 5O0-foOt 6cean-go- ing yacht to the seventy-foot racing sloop. and in price from s300.000 for the former to S5,000 for the latter-a mere fraction in each case of the orig inal cost and present value. Most of the yachts are offered at a sacrifice. constituting q significant indication of the present poverty of New York's millionaires, and many of them con tain decorations in the shape of rugs. pictures and furniture valued at many times the price asked for the boats. That the throwing of more than s4.- 100000 worth of these craft on the market at present is an indication of the pitful plight of the poor million aire is evidenced by the fact that the list of owners anxious to secure few pennies for their palatial pleasure craft comprises such names as Gould. Vanderbilt. Astor. Leeds, Billings and others hereto supposed to be beyond the pinch of hard times.
 
 Although walk on the east side would show anybody who cared to look the astonishing conditions of crowding, squalor and misery under which a large proportion of the. city's population lives. apparently a vast number of New Workers had no idea of what these fully were. to judge by the interest that has been aroused by the Exposition of Congestion held here during the present week. One rather surprising point brought out by this exposition has been the congestion of industry as well as population that exists here. It was shown that a sin gle block just east of lower Broad way. in the manufacturing district. contains over 1000 workers. or 1910 to the acre. There are no skyscrapers in this block. the height of most of the buildings being about twelve stories. If one will construct d mental picture of more than twelve hundred persons working on d ground space of a single acre. he will gain some impression of the intense activity that goes on in the most crowded beehive of industry in the world. There are many other parts of the city that are almost as crowded as this, one district of 1SG acres, about the size of an average farm. containing over 1000 factories employing more than 90,00O workers
 Health. like about everything else is at least twice as expensive in New York as elsewhere. For once, in a way, it's responsiveness. of which the city is rather proud, is likely to react in serious manner affecting the safe ty of life itself. As a result of various suggestions in different states to estab- fish some form of regulation of physi- clans fees, statistics bearing on this subject have just been collected for the first time by Appleton's. and are to appear in it's April namber. They illustrate in an astonishing manner the effect on public health, so far as it's care is concerned. of the conditions which make New York the most eX-