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New York candy firm backs grand fund to end wealth
A New York candy manufacturer backs a plan to establish a perpetual fund in Hoonac Falls with $100 and a $1000 yearly payment to Princeton University. The fund grows toward $9,000 millions in 600 years, then could absorb national wealth. In 1914 NYSE membership valued at $34,000. 11,000 members now worth over 600 millions with a bid to add 100 seats at half a million each. Kealy notes higher values from herd work.
MENTIONED IN THIS ARTICLE
New York
Hoonac Falls
National
Bank
Princton University
New York Stock Exchange
Kealy