MAGAZINftmr. PIEHPONT DlkEMMAThe Strange Star? of ArtisticTreasure? Worth• £2,000,000.■ nv. important of his! w *-n* mapTiitnde of his j;n a wholesale i h.r ' their ancieot | ■ - ranee, Germany, lfamoTif pictm© in Mr. 1 • . on i« the Raphaelr.na Madonna,*’ because \ip*ty of the house of■ many jrenerationfl. TherHE given mss.Kcudon'* bmoui bust, for which Mr. Phsroont Morsan paid £10,000, and »!i.ch t*« wishes to home In his private museum In New York.for the Gothic tepertiy, now at the Victoria and Albert Museum, whioh. hails from Ay**, lades, a delightf ul country seat in the neighbourhood of Marseilles. This tapestry is ®?S08^i ^on8 to the Van Eyck series at the Madrid royal palace, but there is no reoord to prove that any piece is miaBing from this series. On the other hand, it is known that Cardinal Mozarin brought it to Paris from Spain and left it to his nephew, at whose death it was bought by Marshal Villars.From the south of Franoe, again—from Grasse-come the wondrously beautiful decorative panels by Fragonard known as ttle, Konian d’Amour de la Jeunesse. The majority of these were originally painted for Mae. du Barry, Louis, le Bienaimd’s famous favourite, and represent the love romance of the King.The chief panels represent The Pursuit,” “ The Bendezvous, Keeollections, and The Crowned Lover. The last of the series, “ Forsaken, could hardly have been painted for Mae. du Barry, since the artist could scarcely have been, bold enough to undertake the part of a preacher of morals to his powerful patroness. Those decorations caused a great stir when they were exhibited a few years back at Meeera. Agnew's, from whom Mr. Pierpont Morgan eventuallyBought them (or £«5,oos.Houdon takes among the sculptors of France muoh the same position as Fragonard among the painters. His two busts which Mr. Pierpont Morgan bought from Duveen'a for .£20,000, come from the Muhl-bacher collection in Paris, and represent “ The Given Kiss and The Bought Kiss. They are marvellous studies of expression, modelled with a great sculptor's feeling for form. The idea is carried out even in the accessories, gaxlande of roses being introduced into the first, vines into tha second, in which the man has the ooaree features and long pointed oars of a faun, while the woman is arranged like a Bacchante.But Mr. Pierpont Morgan has not by any means concentrated bis attention upon the French eighteenth century school. His col, lection includes an exquisite relief by Dona, tello, a Madonna and Child, from an English private oollection, and a fine ancient Greek bronze figure of a boy, carried off from classic soil. It includes the Pfungst collec-tion of small fifteenth and sixteenth century!- Pierpont Morgan is in prioe he paid foT it to Mr. Sedlmeyer inposition of being the Paris reached the sensational figure of some of th«r finest art I £100.000. r. -.he world, without The same amount he paid to Mr. Onveen i bronzes, bought for the sum of £40,000; thei!err. home.■v -.vf rears be has spent - i,: or. rare tapestries, I i-ua-v of immense value, i ervon v fill his private j ■ r l:. t bese spoils from -rmoc. collections, ii.ea to remove his trea-■-.a; the United States cs wocld impose such nntoid thousands would : mem past the customcollection., therefore, re-v :r. this country, and !■ 'or some time to oome,. i ;n the end it will oer-.i.oree never to return, lover of the artistic 7«si is beginning to see Morgan has become a. in own that this king of bees spending gigantic - worts of art ofi-v- .ras. but while he j••••' rtD.-.c share in his - rr.t.ng them on loan Ira. eric. of Europe, from | .'i-'-v :r. the north, he ap-1 - * gh: of a public bene-o»-n Napoleon deepoil-. ::.:-c of their mostA companion Bust to “The Given Ktos,” for wMcti Mr. Morgan paid another £10,000,unique Mannhetm colleotion of Italian majolica, bronzes, German-silver, and Limoges enamels, for which he paid a similar sum; the famous Limoges triptych byNadorn Penicault, representing the Entombment, surrounded by smaller enamel pictures of Christ carrying the Cross, the Crucifixion, the Descent from the Cross, the Resurrection, and Christ's Descent into Hell; .£20,000 was the price paid for this masterpiece.From Germany Mr. Morgan drew the collection of Consul Gutusnn, director of the Dresden Bank in Berlin. The sum •£60,000 was paid for this rare collection of sixteenth and seventeen century goldsmith and silversmith work.Of other notable objects, destined some day to leave the Old World, we should men, tion a set of three Bose du Barry Sfivres vases from the Good and Lord Coventry collections, bought for the trifle of .£15,000, a landscape by Hobbema from Captain Hol-ford’s collection (.£30,000), and the “ Duchess of Devonshire bv Gainsborough, with its romantic story of theft and recovery, which is recent history. Mr. Morgan bought this historical picture from Agnew's for .£40,000. His collections of snuff-boxes and of miniatures by the greatest masters of this delicate art, by Cosway, Plimer, and Engleheart, are?uite unique. Their value may be gauged rom the fact that he had to pay not very long ago £3,000 for a set of four miniatures by Plimer, which are not by any means the finest or the most valuable of his collection.. -a.-a.il booty, taken by -- -r V compare in' S* . of Mr. PierpontImposed by tbe United States Revenue authorities. Mr. Morgan In twelve years bas spent £a, 000,000 on his collection, despoiling England, Italy, Prance, Qermeny, Spain, and Greece el many of their most valued treasures.Tbe Gothic tapestry supposed to have once belonged to the Van Eyck series at tbe Reyai Palace at Madrid. Mr. Morgan paid £100.000 lor this tapestry, bat be cannot yet take it and his other treasures home to America, owing to the enormous duties