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Updated: June 20, 2025
"Then you are not working for democracy. It's just as Mrs. Williams says, all you foreign multimillionaires are subverting our Nation by working for old fashioned despotism in disguise; sacrificing the many to the few." "Oh, does Mrs. Williams say that?" asked Moyese reflectively, pushing back from the desk and clasping his hands round one knee.
"Say, that's some man, Sylvanus Power!" he exclaimed admiringly. "He is one of our multimillionaires, Mr. Ware. What do you think of him?" "So far as one can judge from a few seconds' conversation," Philip remarked, "he seems to possess all the qualities essential to the production of a multimillionaire in this country." Mr. Fink grinned.
The variety of Field's possessions and his numerous forms of ownership were such that we shall have pertinent occasion to deal more relevantly with his career in subsequent parts of this work. The careers of Field, Leiter and several other Chicago multimillionaires ran in somewhat parallel grooves. Field was the son of a farmer. He was born in Conway, Mass., in 1835.
The multimillionaires have so much that is common among themselves, and so little that they share with us of moderate means, that they will naturally form a specialized class, and in virtue of their palaces, their picture-galleries, their equipages, their yachts, their large hospitality, constitute a kind of exclusive aristocracy.
Even the most indefatigable tax assessors find it such a fruitless and elusive task in attempting to discover what personal property is held by these multimillionaires, that the assessment is usually a conjectural or haphazard performance. The extent of their land holdings is known; these cannot be hid in a safe deposit vault.
Apparently he could now write his check for millions, and yet he was not beholden, so far as the older and more conservative multimillionaires of Chicago were concerned, to any one of them.
Little by little, scarcely known to the people, laws are altered; the States and the Government, representing the interests of the vested class, surrender the people's rights, often even the empty forms of those rights, and great railroad systems pass into the hands of a small cabal of multimillionaires.
And now by the most natural gradation, we come to those much bepraised acts of our multimillionaires the seignorial donating of millions to "charitable" or "public-spirited" purposes. Like the Astors, the Schermerhorns, the Rhinelanders and a galaxy of others, Field diffused large sums; he, like them, was overwhelmed with panegyrics.
Such of his facts as rested upon the foundation of experience did not include multimillionaires and their resources. Captain Palliser passed lightly to Temple Barholm and its neighborhood. He knew places and names, and had been to Detchworth more than once. He had never visited Temple Barholm, and his interest suggested that he would like to walk through the gardens.
Marshall Field, as did many other multimillionaires of his period, welded his fortune into a compact and vested institution. It ceased to be a personal attribute, and became a thing, an inert mass of money, a corporate entity. This he did by creating, by the terms of his will, a trust of his fortune for the two boys.
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