|The Times Dispatch, Richmond, VA, July 20, 1911|
RECEIVED $3.66 A MINUTE
William H. Vanderbilt Once Owned $48,050,000 in Government Bonds.
Washington, July 19.--Proof that the elder William H. Vanderbilt once owned $48,050,000 in government bonds, upon which he received interest at the rate of $1,922,000 a year, has been found in the old Treasury records. The old interest checks made out to Mr. Vanderbilt show the government paid to him $160,000 a month. One of the department statisticians calculated that he received $220 every hour of the day and night, and $3.66 every minute.