The Wealth of J. P. Morgan
The art treasures of the late J. P. Morgan are valued at sixty million dollars, and are now housed in the Metropolitan Museum of Art, and soon to be placed upon public exhibition. Many people will think of the philanthropy of permitting such valuable private treasure to be enjoyed by the public in general, and certainly that thing in itself is commendable. But what does it say for the times in which we are living when a single citizen can have a private art collection of such great value? An art collection for a whole nation that would be valued at sixty million dollars would be no insignificant affair, but it says much concerning the conditions of the time when private citizens have such immense wealth as to be able to bestow upon one of their fancies such multiplied millions of money.