The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-03-22
A NEW YORK
STREET WHERE
SPENDERS LIVE
A THoRoUGHFARE LITTLE
KNOWN TO FAME THAT Is AS
REMARKABLE IN ITS WAY As
WALL STREET OR BROAD
WAY.

New York, March 21.-Wall Street ie
the place where the New Workers. make
money the fastest, but 1t has it's coun-
terpart uptown in a section of a street
equally limited in extent where money
is spent with equal facility and rapid
ty This is not as might be expected
a part of Broadway or Fifth avenue,
but the portion OF Forty-fourth street
lying between the two more famous
thoroughfares. Within this narrow
space two blocks in extent foregather
every day men and women whose in
dividual yearly incomes surpass the
largest fortunes of hundred years
ago. What the total of their COM
bined fortunes may be no one has at
temtped to estimate, but it must be so
large as to be reckoned only in bill
lions.
In the part of Forty-fourth street
just mentioned are many Of the resorts
where these money princes take their
pleasure. 1t is the home of clubdom.
of great hotels and luxurious restaur-
ants, where during the season there is
a continual succession of dinners,
luncheons, suppers and balls in the
giving of which cost is not considered,
except to Guido some previous enter
tainment in lavish extravaganza.
Among the wealthy and exclusive clubs
that line this street, with valuations
anywhere between 81, 00o, 900 and $10,-
600, 900 each, is the St Nicholas, which
admits no one who is not the descend
ant Of a New Yorker resident in the
city prior to 1885. Membership in this
organization Is almost the only thing
on Forty fourth street that money can
not buy. Nothing but conclusive proof
of descent from the old city fathers
will obtain admission. and names like
those of Van Rensselaer,, Astor, Liv-
ingston, De Peyster, Pell and Stuyve-
SAINT dominate its register.
The Racquet Club.
Not far away, though fronting on
the next street, is the Racquet Club,
the favorite resort of wealthy sporting
men. Among it's eight hundred mem
bers are the vanderbilts, from William
K. to Reginald; the Goulds, John jacob
and William Waldorf Astor, Clarence
H. Mackay, Payne Whitney, the Bel
monts, and many others in the same
set, to whom a 81, 900 supper is mat
ter of no moment whatever. The
money spent annually on sport by the
members of this club is estimated al
more than 100000. Most Of These
men also belong to the New York
Yacht Club, which occupies magnifi-
cent building close by. and counts j. p
Morgan, c. Oliver Iselin, Lewis Cas-
Ledyard and many others of wealth
and prominence among its members
No less than $50, 200. 900 is represented
in the yachts owned by members OF
this club.
The club housos Of Harvard anc
Yale occupy opposite sides of the
street and close by are the Academy
OF Medicine and the building occupied
by the Bar Association. Upon the rolls
of these associations and the collegc
clubs are to be found the names OF
some of the brightest men in the ma
ton, such as Theodore Roosevelt, Eli
hu Root, JOSEPH Choe.e, Paul ID
Crawath, William Travers Jerome and
the most prominent medical men II
the country. men who earn their for
tunes by the practice OF their profess
sion. judges. congressman, diplomats
and statesmen who are known all ovel
| the union.
In this street, too. IS the home OF tn