SUGAR KING'S DEATH

Taranaki Daily News, Volume LI, Issue 32, 28 January 1908, Page 4

SUGAR KING'S DEATH

A FOKXT-NE 01' i'IS,uOU,U<JU.

Mr. Henry 0. liavemeyer, president ol the American Sugar Reliuiug Company, which is better known as the Sugar Trust, and one of the richest men in the world, died at his country home.

.Merrivale, near Comuiack, Long island.

last mouth. While out pheasant shooting he was suddenly overcome with exhaustion, and, growing weaker, succumbed at the age of lit) to what was really a very .acute attack of indigestion, lie lias (writes a -New* lork correspondent! left a fortune estimated at .IUJ,UUU,OUU, and of this amount, it is staled, ou the authority of iulimatc friends, .C7oU,OUi) goes towards education and philanthropic enterprises. This announcement creates no surprise, because in recent years every great muluniilliuiiairc has inade similar bequests, and iu that way, has done much lo justify the existence of the multi-millionaire das. id trie pre-

seiice ol the violent onslaughts of Soeial-i-ts and the Labour party, and ol legislative plans 10 curb what -Mr. Koosevctt calls unhealthy wealth, or "swollen iotuuos." As you know, the taxation of incomes and* big death duties are not pail of lire American liscal .system, but are urgently advocated by many people. Wh.il -Mr- J. JJ. Rockefeller is to oil, Air. Carnegie to steel, and Air. Duke lo tobacco, Air. liavemeyer was lo

sugar. Tor two generations behind hiui the Haveuieyei's have been iu the sugar business. His grandfather was engaged in sugar relining in Ucrmany, and made a fortune, His' lather continued the business at Old Greenwich village, >ievv lork, and added greatly to thu store of wealth.

It was said by a past genera lion that ilr. Trudcrick liavemeyer, grandfather ol the man who died last month, knew

noire about sugar than any man in the vvcokl. in the course of lime the

same thing came to be said oi ilenry llaveweyei. lie entered the business diicct lioin school, and, beginning ;.l the bottom, went through every detail ol the industry. Jle created the Sugar Trust, and lor the past lilleen years has been the dominating personality in that great industry. In fact, he wis the Trust, iiow much so has been auipI) illustrated during the brief period of Ins illness, viicn the securities oi the Trust rose and fell in sympathy with report, of Air. flavemeyei'o condition.

.Not only in matters oi liiiance—lor the Irtisl lias been one of the most carefully-managed industrial concerns was Air. Uavemeyer a leader, but down to the last detail of business ho knew suuar as Air. Carnegie knows steel and Mr. Duke tobacco, fie knew all abo.U the soil in which the sugar cane jgrown, lie kuew how to plant, cultivate, reduce it to raw sugar, and then how to reliue it. lie knew all about every oil of machinery that is used in the manufac.ure ul every uualily uf sugar. Air. Uavemeyer was tainous all over the world a's the " Sugar King," aud ihe Trust could not be mentioned without evoking his supreme personality, and whereas the Sugar Tru-l is au institution dependent upon no one man tor itexistence, ami will go oil, the industry i-ullcis a loss in Air. liavcnicycr's death of the man who best knew sugar, just as in the death of Commodore Vauderliilt a great American genius in railroading passed out of the held which ho had dominated. In IK-fli, Air. Uavemeyer married l.ouise. elder daughter of his partner, and of lliir- marriage several children were born. Then one day the liiiaiicial wnrld was -tallied by a romance in the lii ■- of the Sugar King, aud, with hiwiie and niece, Air. Uavemeyer sail-.'d for Europe. That was nearly twenty years ago. When the llavcmeyers were iieM heard of. it was through the announcement that Airs. Uavemeyer had obtained a divorce from her husband, who had in turn married Airs. Havemeyer's niece.

Mr llaveinoyei had palatial rcsidoncein (In- lily, the country, and at the aea--hb-. liaybcrry l'oint. Long Island. he Iran-formed into an American edition of modern Venice. It was not an eni.ihi of liimtin?, and had fine horse.-. do;:-, anil panic preserves. In New York lii- man-inn ii.maiiii'd mam- art trea

.-lire-. Hiii'fk ]iii-luri'«. of which lie was ,i i-oiiuui-i-u'r. valued at over JC2OO/JULI. lainoiiL' thoiu a line collection of Ilc'.nllir.mdi-. II- h'V.'d music passionately. land >.va- no we.in pel former mi Hie violin. Ii na- wi'll known in hit, family , ir. 1. Ihi 1 it wn- -oniflimes dillicult to ~< ,-nr.- an intcivhw with the dead millionaire regard in;; linance or suiMr, bin -onieliow h'' always found time to weiniiiir |ien|ile calling about pictures or old violin-, of which' he was a very sound