Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-04-06
Morgan Treasures Go to
New YOrk'S Art Museum

NEW YORK, April 5.-J. Pierpont
Morgan's s125.000,000 collection Of
art treasures is to be donated to the
city of New York, under provision
Of the last will drawn by the finan-
cier. who died this week in Rome,
according to a cable dispatch from
Rome. Professor Carter head of the
American Archaeological School IN
Rome-an institution in which Mr..
Morgan had been deeply interested
Is the accredited authority for this
statement. Professor Carter was one
Of the five persons at the bedside Of
Mr.. Morgan when he died. He says
that this will was drawn by Francis
Lynde Stetson, the noted New York
lawyer, shortly before Mr.. Morgan
sailed for New York. Mr.. Stetson
declines at this time to discuss Mr..
Morgan's will.
Women of Family Rich.
Four Of the richest women in the
world are Mr.. Morgans widow anu
mis- daughters, Mrs. Herbert l.. Sat-
terlee, an unmarried daughter, Miss
Anne Morgan, and Mrs. Hamilton,
widow. The bulk of the great Nor
gan fortune will go to J. PierpOnt
Morgan, Jr. but during the past few
gears there has been a distribution
of the money accumulated by the
elder Morgan. 1t is not likely, there
fore. than the will will disclose Nor
gan's actual worth or the fortunes
That will 20 to the women of his fam
fIv. II is quite likely that there is
intact at present $150,00000 in cash
and securities I'm the Morgan fortune,
and Il Is generally believed that MS
widow and each Of his daughters have
already been provided for to the eN-
tent Of s25.O00,O00 each. The widow
is a shy, retiring woman. seldom seen
i'm public. Anne Morgan was knoWD
as her fathers most intimate
cbun." Mrs. Satterlee devoted the
greater portion Of her time TO select
ing art treasures IN Europe lot HsI
fathers collection.
The Rome cable relative to the art
treasures seemingly bears out Iht
statement of John Branch, the noteu
banker. of Richmond, who said year
ago that Mr.. Morgan had told MIN ne
would give to the city of New YORK
his most valuable art objects ana one
third Of all his worldly possessions
includes Art Gallery.
What is spoken Of as the Morgan
s1ibrary,' IS believed to include the
art gallery-epualed by few In the
The treasures are housed in build
mo I'm Thirty sixth Street between
NE Morgan home and teh residence
Of the Satterlees. The bulluIhs llseH
is work of wonderful art.
The manuscripts it contains are
~erlxoned among the priceless treas
ures of-the world. The books are it
an east room, designed with IHe sNlt
of architect and artist.
Worlds Greatest Collector.
All authorities agree that Mt. MOT
s,ar was the worlds greatest collector
az art trea sures, beautiful and rare.
IN ART circles the news Of Ar. Nor
ga,,'s death was received with mani
Festations OF profound sorrow, coupled
-,-itb tI7e. expression OF the hope thai
there would be a concentration OF Inc
Morgan treasures in this country ana
under one roof
Vast as is the Metropolitan Museum
of Arts share of Mr.. Morgans Won
derful collection, il forms only a part
of the vast store Of treasures accu'
mulated by the dead tinancier.
His London home. I'm Princess Gate
Is "a yaritable storehOuse of beautiful
gems and rarest pOrcelains, while his
private art gallery and library in this
CITY holds an unrivaled collection Of
rare books. ancient manuscripts, tap
estries. pictures and statuary.
Other wonders Of the collection are
housed I'm the country home at High
land Fails ana in the Hartford Nh
scum. built by Mr.. Morgan in honor
OF his father.
As TO the total monetary value Of