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AN EX-MILLIONAIRE BEGS.

An ex-millionaire,- formerly well | known in club circles and the financial j market, has been sent to gaol for ten j days for begging in the. streets of New j York. The inan~ the "Daily Chronicle" < mvs. is Colonel W. W. Belvin, expresident of thc San Francisco and J Eastern Railway. Colonel Belvin, who • is fifty-five years of age, fifteen years i ago was ono of the financial and social | leaders of New York. At the age of , nineteen ho inherited £250,000, and j rapidly added to his fortune by his j opcn-iions- in Wall street. Ho became j identified with various railways and big : business concerns. His fortune when be was about thirty was so great that lie began to "plunge" in Wall street, and afterwards started a banking venture in London. His downfall began with the collapse of this venture, and, his speculations in America turning out badly. he lost all he had. He ha 3 been lost "sight of for quite a while, but this j week was arrested on Broadway at. a vagrant and a beggar.

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https://paperspast.natlib.govt.nz/newspapers/CHP19120425.2.29.2

Bibliographic details

Press, Volume LXVIII, Issue 14338, 25 April 1912, Page 6

Word Count
183

AN EX-MILLIONAIRE BEGS. Press, Volume LXVIII, Issue 14338, 25 April 1912, Page 6

AN EX-MILLIONAIRE BEGS. Press, Volume LXVIII, Issue 14338, 25 April 1912, Page 6