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Updated: May 26, 2025


In fact, with a few notable exceptions who still clung to their downtown homes, such as the Astors and the Vanderbilts, all the great money kings of the decade were gathering in the upper stretches of the ripening thoroughfare.

The European press published notices identical with that of the United States. The extraordinary "chauffeur" had only to speak, to become a rival to the Vanderbilts, the Astors, the Goulds, the Morgans, and the Rothschilds of every country of Europe.

The same combination of economic influences and pressure which so vastly increased the value of the Astors' land, operated to turn this quondam farm into city lots worth enormous sums.

He had entered upon a career in the New World most remarkable for a man of his age. Among his patrons were the Astors, the Goulds, and the Vanderbilts; and he had received most of the orders for exterior sculpture work on the buildings of the Chicago Exposition. Willy called Ritter "a devil of a fellow," and praised him for his "smartness."

The Astors are directors in a large array of corporations, and likewise virtually all of the other big landlords.

Believe me, the Astors ain't got anything on us now." Mrs. Bagstock don't seem to be listenin'. She's just gazin' around smilin' vague. "Music, wasn't there?" she goes on. "I had really forgotten having ordered an orchestra. And such lovely roses! Let me take one more look at the dear old drawing-room. Yes, it was a success, I'm sure. Now you may ring for my maid. I I think I will retire."

They had plundered right and left, but withal had made no great pretenses. The fortune held by the Astors, so the facts indubitably show, represents a succession of piracies and exploitation.

Frederick William was curious to know what had given Newport its great popularity as a summer resort, and asked me to compare the famous cottages of the Vanderbilts, the Belmonts, the Astors, along the cliffs, with well-known country houses in England. He knew that Siasconset on Nantucket Island was pronounced "Sconset," and he had read reports on marine biology from Woods Hole.

There were erect groups and rows of hollyhocks; monkshood offered its clusters of blue caps; striped tulips and crimson poppies flourished in beds of generous shapes; delicate astors, rich dahlias, and neat little bachelors' buttons peeped in crowds from green freshnesses.

The Astors have become enormously rich because one of their progenitors bought for an inconsiderable sum farm land on Manhattan Island which is now worth so many dollars a square foot. Others have made gigantic fortunes out of the country's forests, its coal deposits, its copper, its waterpower, its oil.

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