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Show RICH MENS HOBBIES MH.I.ICNAIRE8 WHO SPEND FQ TdNES YEAHLY. Andrw Carnegle'i Fad for QMna Awt- likr" Well Known Flerpont Morgn 8 Large Annual An-nual Bill for Painting. Olven a million a year to spend at pleasure, find something on which to spend It. That Is tho proposition which Is met by multimillionaires of thlB country, England and Germany. U Is a peculiar fact that tho men vbo have this opportunity choose ono thing as the object of their expenditures. expendi-tures. The millionaires choose their hobbies hob-bies and they are as various as the wealthy men are numerous. Apart from the expenditures requlreJ In business these millionaires spend more on their hobbles than they do on themselves personally. Plerpont Morgan Is credited with an annual personal expenditure ol about 1150,000, and his overage annual an-nual bill for paintings Is about f250,-000, f250,-000, not far from double what ho spends on himself. His entire collections collec-tions of famous paintings amounts to 200 pictures, and is valued at ?10,-000.000. ?10,-000.000. Staveley Bruce, the English shipping ship-ping and Iron king, has made n specialty spe-cialty of stntuary, as well as paintings. paint-ings. The Italian laws forbidding tho exportation of art treasures has hrd a peculiar effect on tho collection of Mr. tlrucc. Ho is obliged to keep 500,000 worth of statuary In Itallnn cities. He ml (1b a love for pictures to thnt for statuary and seldom, spends less than 11100,000 a year for paintings. paint-ings. Mr. Carnegie's fad, as Is well known, Is the public library. He Is credited with handing out $16,000,000 annually in putting his preaching Into practice. Last year his gifts In this direction amounted to $5,000,000 in the United States. He gave In addition addi-tion 15,000,000 to English workmen and $10,000,000 to Scotland. As he la now giving away a good deal more than his Income, which Is $10,000,000 a year, he may be able to realize his ambition to escape the "disgrace of dying rich." It has been computed that at his present rate of giving it will require twenty years before ha can become "poor." An English millionaire, another of the three multi-millionaires who give away most of their Income, Is Mr. Splllcr, the cloth and cotton magnate. His favorite amusement is a peculiar one, and It has made him known as a sort of fairy godfather to the poor children' of northern English towns. He organizes and pays for huge treats for slum children. Tho outings and pleasure excursions ho gives theso children cost him In the neighborhood of $500,000 a year. In addition to this he supports eight children's hospitals and orphanages. His hobby on tho betterment of poor children gives him no tlmo for any other amusement. He lives In a fashion similar to that of a well-to-do professional man, and maintains but one establishment for tilmsolf. When the more personal amuse' ments of millionaires aro considered, It will be found that yachts and race-horses, race-horses, take the most of many a wealthy man'a mon(iy.-LU..has been computed that eighteen men of great wealth American, English and of other nationalities spend the larger part of their Income on yachts. Sir Thomas Upton Is among the best known. Ho spent $600,000 on the cup races alone. Col. McCalmont Is another an-other Englishman, a rival of Sir Thomas, who spend a fortune on the water. Aside from the royal yachtsmen yachts-men of Europe, it has been estimated that the eighteen millionaires interested inter-ested In this sport spend about $20,-000,000 $20,-000,000 a year on their craft, and that the value of the yachts foots up to $55,000,000. Fifteen millionaires spend their money on racehorses. In this tho American again leads, and there are two American turf millionaires to ono English. Lately the Americans have had about their own way on the English turf, as a result of their expenditures ex-penditures on racehorses. There Is some profit for the successful in turf expenditures and big losses for tho unsuccessful. |