Rensselaer Republican, Volume 21, Number 7, Rensselaer, Jasper County, 18 October 1888 — Wealth and Work. [ARTICLE]
Wealth and Work.
Waldorf Astor has his hands full in managing his father’s estate, which has been put into his hands by a full power of attorney. The property is so. favorably situated that it is rapidly increasing in value, and it pays to null down Shd rebuild. A large force is thus employed all the time, and thiß requires on thq part of the owner a constant examination of architects’ plans and their accompanying specifications. In fact, Waldorf Astor is placed in the condition of a mere house agent op a grand scale, and it also recalls old John Jacob’s utterances on the same subject. A frfend was once sayingto the old capitalist: “Mr. Astor, what a splendid estate you have, and if I had it how happy I should be.” “Indeed,” said tho old capitalist, “and will you take it on the same terms that I have?” “Of course I will,” was the reply. “Well, then, go to work and you shall have your board and clothes.” “Is that all,” exclaimed the other. “It’s all I get.” replied Aster, and the friend raw the point at once. — South Bend people report a mysterious bubbling in the St. Joseph river, and an outlet of natural gas is thought to be the Cause. .'-. -7 .
