Show sw r 7 I 1 I 1 I 1 t C SWEET 8 1 ON MILLIONS THEODORE HAVEMEYER HAD A PENCHANT FOR RICHES me he amassed a fortune of the result of speculation la in sugar known ekno an all owe over the world as th the I 1 american bus sugar king I 1 HE late theodore A havemeyer was the grandson of the havemeyer who founded the I 1 great american sugar industry which created so BO much I 1 I 1 wealth for him blim and I 1 his descendants theodore jave have I 1 meyers wealth apart from that of the rest of this very rich family was in the near neighborhood of 50 he was born fifty eight years ago aw go in new york city but his life was spent so BO much abroad that he was really more a foreigner than an american he never had many political ambitious ambitions and in tact fact if lie he had them he be cou could id not have indulged them tor for lie he was a foreign nobleman his title was that of baron of austria a title which ne he accepted from the austrian emperor when he accepted from that monarch SL a few years ago the decoration of the order of leopold the Haver Havemeyer a tor for two generations lived moved and had their being in the business of refining sugar and when theodore grew up to young manhood after a very good education he went into his fathers refinery tor for the purpose of laying the foundation of hla his future career he was given of course every opportunity to master the machinery and the processes of the industry and this he did really in 1861 when he was just past his majority he was admitted as a full partner into the firm and very soon afterward he branched out in business for himself 11 I 1 af I 1 I 1 11 I 1 1 I 1 I A 7 az 1 1 1 Z I 1 T H HAVEMEYER his own refinery was a big success and was afterward merged into the general concern thus he began one may say as a boy to make and save money tor for himself and he followed that plan ever since he married at 22 miss emilie emilia de loosey a daughter of sir charles de loosey and his wife bore him nine children mr Haver havemeyer paid strict attention to his sugar business but did not allow business to absorb all his time and he spent many years abroad especially in germany and that contact left its mark upon him so distinctly that he might have been taken for a foreigner at any time twenty six years ago he was living in europe and paid a visit to vienna there he was waa let into the society of the very best gov eminent officials als and the upshot of it w was as that he was offered a position of consul general for austria at new york he accepted ther the position at once and held it with great satisfaction to his principals in vienna tor for more than a score of years mr havemeyer made many millions out of the sugar business hut but he be was a shrewd financier beside the only man that ever got the best of him was crafty claus es of san francisco who in their big sugar deal some years ago forced a tor for tune out of the coffers of the new york millionaire at that time although reputed rich had not a dollar left of his great fortune mr havemeyer knew all about the business of banks and had a keen eye for a gilt edged bond he also had a shrewd instinct in the matter of real estate and vast profits were made by him out of his dealings in land in banking bankin g fl fi nan nanct ciering ering bond and realty speculations it is said that he made probably one half of his wealth of or his death leaves his brother henry 0 havemeyer the last ot of the four sonson sons of frederick C havemeyer to i remain in the sugar business tho thomas dinst retired and george was killed at the refinery I 1 in 1862 |