The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1918-03-13
Some Famous
Spendtl1rifts

The newest successful applicant for
the doubtful title Of "Spendthrift" is
one edward ~ Morrison Chicagoan.
whose ss,o00,0oo fortune has melted SO
completely in so years that his visible
| assets now are $1i.73.
Compared with some of the spend
| Thrills Of history and of newspaper
| fame, Morrison is still in the novice, or
semi -piksr class. For instance.
| Back in 1900. Scott McKeown was
nicknamed The Prince Of Modern
! Spendthrifts. He won this claim to
royalty by spending sI,000,o6 year
at the time he WAS 22. He said. We
don't keep books in our crowd" but
!, he was able to remember few of his
more spectacular modes Of pryinc him
self free from his adhesive for
itune Here are one or two items:
Lost at poker in a year, S500,00e. A
wedding gift Of pearls and diamonds TO
! his bride 100000 A prolonged joy
ride with friends OF both sexes tof
which his clearest recollection was that
| Rome. howled, that time."1, $4,000.
Necklace for a girl he loved, 100000.
| Gold pieces scattered on a hotel lobby
| floor i'll San Francisco by way of cele-
!
bration, $4,000
Prince Huiwha (third son of the
king Of Corea) struck New York late
| in 1901, having come to America to
study. He confined the sphere of his
studies to the White Way. His col
lege campus was at Broadway and
Forty second street. He decided that
at the age Of 20 money is too common
to keep. Among minor expenses he
bought 81 suits, with a hand -embroi-
dered waistcoast for each. His royal
dad cruelty interfered just when the
sirens Of broadway were looking for
ward to Il luxurious old age. He had
already avshed 100000 on a few of
these damseis
For five years IS93 to 1890 Alonzo
Yates lived at the rate of 100000 II
year His father, a Syracuse business
man, began life on $500 and ended 1t,
| 20 years later, with si,000,0o0. II took
! his son n scant five years 10 squan-
der this hard won hoard.
Theodore lIostetter. the young Pitts
burgn Croestls who died III New York
| OF pneumonia in 1902. threw away
more than 1900, 900 in a single year
| in gambling houses It was said that
he owed another half million to New
/ Yoris gamblers when he died.
! John Tediman ,who died in 1902 }
| fused 10 be known as the most re-
inarkablc millionaire i'll America" lie
! was Il Texan by adoption, and had an
income variously estimated from $50
600 Il year up. His life-fear was that
he would not be able to spend all his
money. He died doing his best. He
used to order beer by the carload, and
had it shipped to his ranch in specia
ice wagons. lie used to go from one
Il barber shop to another, perhaps. 3
dozen times "A day, for the JOY of beins
| shaved over and. over again and /,
watch the amaze of the BARRIERS a
the big handful Of gold and silver ht
handed each of them.
And vet the effort of our modern
SBendthriftS are habyish compared 4
1.-THE vs~ealth MASTERS of NQrG. Eharle'
James Fox owed 100000 in gamblin:
debts. Roman youths boosted that ,
single meal cost them $4,000 and tina
they spent million dollar patrim0nie
lin one night Mt the gaming table. TIL,
king of Siam, not many years ago, Wis
tied the kaiser. During his brief stay
in Berlin he spent 100000 on dia
monds and SIS, 600 for one gold thin
bile. For "a necklace he spent 100000