Salt Lake Tribune | 1900-06-25 | Page 5 | Millionaire Invaders

MILLIONAIRE INVADERS I A New Aspect in the Conditions of English Life We are not n rich aristocracy wrote Lady Warwick seven years ago We arc Inn of us deadly I poor little better than splendid paupers Are these splendid paupers long owners of I rural England and worthy sustained of the tradlllons of a noble race giving way to American manufacturers to South African speculatons lo German merchant princes Our old aristocracy absorbed the Rothschilds and Benllncka of previous hener < ton and made them part of Itself The new millionaires threaten to abporb It I From Sklbo cas Ue near Dornuth fiith down to Norres by Cowes the cosmopolitans of capital arc seizing some of the fairest spots of our land These millionaire invaders are so enormously rich that they are indifferent indiffer-ent to the fancy prices asked for great I estates I must be a very extraordinary extraordi-nary English estate which cannot now beJ rented for from JC2000 to 3000 a year rl J The upkeep of such a place will cost from 0000 to 10000 a year more Even the poorest millionaire the man Who Is not making more than 50000 a year can afford this Meanwhile In al least one case the man with a family history o SOO years behind him has to bury hhrisoli In a ISO a year semidetached villa In some quiet town near London The rent of his old mansion goes to satisfy mortgages leaving him perhaps r OOa year for himself This no fancy plct reLon don Mail