Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-02-15
WHAT HARVARD s
G|LT-EDCED MEN
SAVE AND SPEND.
JUnius Morgan's Modest Budget
OF Sl,460 Leads to an In
quiry for Contrasts.

CAMBRIDGE. MASS, Feb. 1.-THE
statement that Junius Spencer Nor
gan, grandson Of J. Pierpont Nor
81 $50 year. while ne grandson Of
Marshall Field spends nearly ten
times as much has led 10 an inquiry
into the budgets of other prominent
university men, with the following re-
suit.
The case OF Junius Morgan IS be-
coming typical with the wealthy
sc!ons for many reasons. and Harvard
students as class are not as grea,
spendthrifts as in past years. Nor
gan has never been a heavy spsnder
since ne entered the university. His
board az the Phoenix Club. al IS
week for twenty weeks. is one Of the
largest Of his expenditures.
Millionaire Teacher.
John McD.u Fox, Harvard law stu
dent and heir 10 millions, is another
who has been very limited in his ex-
penditures. He has gone Morgan one
better by becoming Supporting.
He is a. the service OF any who de-
sire his services in unraveling knotty
legal questions, writing moving pic
ture scenarios, teaching the tango,
teaching in the Cambridge night
schools and as correspondent for
legal publications.
In contrast with these two young
men. however. comes w Tudor Gar
diner, whose relatives own the great
er part OF the city Of Gardiner. Maine.
Gardiner succeeds in getting rid OF
an allowance Of more than 10000
year without the slightest difficulty
Coogan Spends $4,000.
Then comes Gardner Coogan, son
Of the owner Of Coogan's Bluffs, the
New York Polo Grounds and whose
home is on Fifth avenue. In main
tanning his position in the university
Coogan parts with very nearly 5000
year, II not more.
Augustus G. Van Cortland, whose
relatives own the great Van Cortland
Park in the Bronx, whites away his
time in an extensively fitted up
apartment in Dunster Hall and finds
amusement driving about in his two
automobiles which are kept at near
by garage. Van Cortland Is credited
with Kidding his father of the burden
Of nearly $4,000 each year
B. S. Carter, scion of wealthy
New York family, member Of the
Porcelain Club, succeeds in parting
with between $4,000 and $4,000
year, without making any particular
demonstration about IT,
Young French Humorst.
Stuyvesant lie Roy French of Tux
edo Park, y. Y, considered to be the
humorous member OF the millionaire
aggregation Of the institution, costs
the relatives who supply the where
Withal at least S12, 900 a year
David P Morgan, a cousin OF Ju-
MUS Morgan, occupies modest apart
ments but makes up for this seeming
frugality in other ways, expanding
not far from $4,000 year.
J. Griswold Webb, whose family
occupies a strong position among the
Hf'our Hundred" OF New York, has
the reputation Of knowing more
about the workings of Bostons gilded
cafes than almost any man in the COL
lege. The gathering Of this informa-
ton required an expenditure of at
least $4,000 a year.
Mills Scion Engaged.
Lewis II. Mills, scion of the Millses
of Portland, Greg, who are credited
with being worth not less than s10,-
600. 600 and lbe fiance one OF the
beautiful and talented daughters of
Bishop William Lawrence, of the
Episcopal diocese of Eastern Massa-
chusetts, is called upon to live up to
ms allowance OF SlO,UUO or more.
Griscom BEETLE, Of New York, an
other senior, finds little difficulty in
living up to his allowance of more
than $4,000.
/. s. Chanler, Jr., of New York,
whose family are numbered among
the upper society set of the metropo-
/ lis, has and spends a $4,000 allow
anCe.
Neither last nor least comes H. C.
Morgan. another cousin OF Junius
| Morgan, member of several of the
| most expensive clubs who succeeds
1 in getting away with an allowance of
more than 10000