Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1855-04-06
F.. Z. ASHLEY, Sec'V.

We published last week, brief notice OF the late
annual meeting of the stockholders of the Western
Railroad Company held on the 10Th inst. We neg
lected to state at the time that the late President
Maj. D. G. McRae, declined election, as will be
seen by the following letter addressed to the stock
holders
GENTLEMEN:-I avail myself of this opportunity of
making known to you my determination to decline a
reelection to the office of President of your company
In doing SO, must beg to express my obligations
for the confidence hitherto reposed in me, and to as
sure you, that IN my retirement shall lose none OF
the interest have manifested for the construction of
your work, and endeavor, far can, to aid in
its completion.
| desire that the incoming board, whoever they
may be, may harmonic in all their deliberations and
measures ard manifest the same anxiety to promote
the interest of all concerned, has been by those
whom the trust has heretofore devOlved.
feel that cannot do less on the occasion of my
retirement, than to bear testimony to the assduity
and devotion to the interest of the company with
which the gentlemen who have been associated with
me, haze, without pecuniary compensation, given
their time to the rerY often embarrassing duties which
have fallen upon them.
In conclusion, let ask that for our common an
terest spirit OF harmony may prevail in your delib-
eratons-that personal and sectional feelings may
give way, and oil of u.s. determine to put our own
shoulder to the work in the right spirit and
will certainly crown efforts.
Respectfully, your obt servant,
March 10, 1855 D. G. McRAE.
Negotiations going on we understand, for a
notification of the original contract and in other
matters of interest to the stockholders.
We hope the Board of Directors will succeed in
some scheme to give us the Road.-Fayeer,He dro-
! ln1an.
New York MIlIionaires.
correspondent of the Charleston Courier, writing
from New York. says:
referred to the biography of the wealthy citizens
of New York, at the time it serialy appearing,
1t has been made into readable, but very relia-
bic book. In it three hundred and fourteen are put
down at one hundred thousand. Two hundred and
five have attained the rank of hundred and fifty
thousand. One hundred and ffty-ni enjoy the
distinction of two hundred thousand Seventy nine
have risen to the height of quarter Of a Million
Seventy five have risen to the grade Of three hundred
thousand Eighteen have the felicity of three
hundred and fifty thousand. Thirty-seven have won
the c0mmoner glories of four hundred thousand -
Three individuals only have paused at four hundred
and fifty thousand while seventy three have pressed
forward TO the grandeurs of half million. Twenty
tour have proceeded to hundred thousand five 10
seven hundred thousand twenty-five to eight hun
dred thousand; and sixteen have attained the gddy
height of one million. Five have gone on to a mil
hon and halt; six 10 two millions one to three
millions; two to four millions; one TO five millions
and one stands, solitary and alone, on the pinnacle Of
six millions,
William B Aston is our richest man he inherited
his wealth. Stephen Whitney, five millions owes
his fortune to speculatons cotton and the rise in
real estate. w. H. Aspnwall, four millions, came
OF rich family, and gained vast increase of wealth
IN the shipping business. James Lenox, three mil
hons, which he inherited The late Peter Harmony,
two millions, came TO this city as cabin boy, and
grew rich by commerce. The Lorllards, two mil
lions, came from France poor and made their huge
fortune IN the snuff and tobacco business. The late
Anson u Phelps, two millions, learned the trade of
| timer, and made fortune in iron and copper
alexander L. Stewart, two Millions now of the DRY
Goods Palace, began business in little fancy store
| VI those who are put down at million and half,
George Law began falm Iahorer Cornelius Van
oerbllt as boatman; John Lafarge steward to Jo
seph Bonaparte. Of the mlIionaires James Ches-
terman began life as a journeyman tailor; Peter
Cooper glue maker
Ut the ten hundred and sixty persons mentioned
IN the book, al least eight hundred began their Ca
reer as clerks or manual Iaborers.
The pill and patent medicine dealers show to great
advantage in this volume. Brandeth figures up at
three hundred and fifty thousand Sarsaparlla P
| worth three hundred thousand dollars Moffat. he
OF the Phoenix Bltters, is put down at half million.
Pease' VINO once sold ginger beer, and afterwards
took to hoarhound candy achieved the moderate for
tune OF hundred and fifty thousand
Otrange TO relate, there names in this work
OF interest TO literary men. Geo Bancroft, Henry
James, Professor Anthem, Thomas McElrath and DR..
Francs are each stated to possess hundred thous.
and dollars Edwin Forrest is rated at quarter of
ai million SO is Sidney E. Morse, of the NJ York
Observer. William Niblo, it appears, has four hun
dred thousand dollars; and DR.. Mott two hundred
thousand barnum is put down at eight hundred
thousand; Bennett at hundred and fifty thousand
But perhaps the most remarkable statement of all is
that Mrs OkIll. of New York, has made quarter of
million dollars by keeping school!
Redemption Public Debt for the week .,d,,r