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Show FORTUNES ARE PILED UP 71 Birth of Industrial Combinations During Dur-ing McKinley's Term Netted Financiers Vast Wealth. New York. The great railroad and industrial development of this country which has gone on since the Spanish war has produced a remarkable crop of men whose fortunes have mounted into the millions at a rate unknown in any previous period of our country. One who died recently was John W. Gates. Mr. Gates' fortune has just been appraised at $11,000,000. Like Mr. Gates. Mr. Harriman possessed pos-sessed a fortune made practically within this period. It was a much larger fortune than Mr. Gates', the estimates of it at Mr. Harriman's I death ran as hlsrh as S150. 000.000. The Daniel G. Reid is a man who has made a large fortune in the . same record break'ng time and in much the same way. With him should be'class-ed be'class-ed the late William B. Leeds, for they hewed their way together, "two little Indiana boys," Reid used to call them. As the youngest, possibly, of this remarkable group of swiftly made men of millions, Charles M. Schwab has come in for perhaps more attention than many of the older figures in it. Strictly speaking, he belongs to the Carnegie group of millionaires, men whom the ironmaster took into partnership part-nership and helped to push along toward to-ward fortune, though belonging to a younger generation than himself. William Wil-liam E. Corey and several other men might be named in this group. Their fortunes have been made In the mme quick manner. The career of Schwab has been almost meteoric. These are perhaps tne mos: conspicuous con-spicuous figures in the group of new men of great fortunes in this country. It is a group that is younger than the men with fortune made from oil and the railroad development of a quarter of a century ago. Twenty-five years ago few of these men had even the small beginnings of a fortune. Almost Al-most without exception their fortunes, running up into millions, have been made since McKinley was inaugurated and the Maine was sunk In Havana harbor. Harriman estate paid taxes on a fortune for-tune of $71,000,000. Next to Mr. Harriman the most conspicuous con-spicuous of the new millionaires who have been made essentially by railroad rail-road manipulation is Edwin Hawley. Ten years ago he was regarded as a newcomer on the financial stage and was being described as "Wall street's new constructive genius in railroad operations." One of Wall street's most interesting interest-ing figures In these years of rapid fortune for-tune building has been former Judge William H. Moore. Of all these newly made millionaires his record is unique. Within the same period the period that began with the consolidation of the great industrial plants Judge Moore has made and lost one fortune, and haa made another on the ruins of the first. |