The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1866-12-06
New York hjisars

1t SehcfatiS Known ta3t sNcW 0rk
al the present tine contains q large mum
be9 of inisers ,is inveterate and degraded
AS any on record, and If we had space we
could give series Of portraits of wealth
and avaricc which would make any rca-
der shudder. Many of these misers are
old business men who have withdrawn
from active life and still keep up their
faded and weather-stained signs. and
beneath the grab OF trade ply their mon-
ey-saving habits. These men will be
found sitting solitary in dingy offices,
filed with cob webs and thick with the
dust of many years. Money borrowers
know " here to go, and here these pale
and threadbare fossils receive the best
securities for their daily loans. Some cf
these half-starved Wretchcs, whose
trembling hands can hardly sign check,
can draw for sums that would shake n
bank One Of the richest men In the
city Ia now 10 be found in Just such n
dingy hole as we have described, where
he loans enormous sums daily. lie was
Il merchant once. and his cid sign IL e.i!l
un; and inside things remain Us they
were n half century ago He suffers daily
for the comforts of life; but all this il
compensated for by the pleasure of ac-
cunulation. They come TO me to beg" F"
said the old man TO an acquaintance,
"aud there's is not beggar in Now York
that docs not live as well rs I do, "a
statement which was quite true.
\ specimen of the better class of this
yfyttts was given in the late Exchange
place robbery, where Rufus Lord, a man
upwards of four score, was the solitary
occupant of an office which contained
between one million and two million in
stocks and securities his own. Here
this old man sat, day after day, accumu-
lating at the rate of 81 900 per week, and
no doubt hoping in due time to get rich.
Such hoard was worth tapping, and
the Job was one of the neatest and most
successful ever done in New York.
The late Stephen Whitney was strik-
ing instance Of the commercial miscr.-
When we knew him he had made about
10000, 600 and at the age of IS, was try
ing hard to get rich. The person and
countonance of this wretched man were
study. Tho tremulous form, the
sharpcncd features, aud the solicitous
eye told of the one idea which mastered
the soul. Mr.. Whitney was in his day
to be seen habitually in Wall street,
picking his way along among the brok-
ers and sharpcrs, and buying notes, Of
which he was good judge. He bought
none but the best, and seldom made n
bad purchase. His son-in-law was in a
heavy business: but his paper was not
considered first rate, the only chance of
his success being that the Old man would
keep him up. This chance we used to
hear often discussed, and on its proba-
bilities his paper found n market. But
the old man did not keep him, and he
showed himself too sharp to be gulled
even by SO near a relative. Mr.. Whitney
IVES something OF n politician, and ON
one occasion the leaders OF his party
came with an application for funds for
electioneerlng purposes. "Gentlemen,n
was the reply, Il am with you heart and
body. As for money, l have none; but
10 hei p along, | viii come and sit up AL
some of these New York laisers are
utterly reciusc, uiie others are social,
and often meet 10 discuss methods Of
moneymaking. ine group occasionally
seen in II certain old rool1ery, where a
few millions arc represented III hungry
forms and Scedy raiment, would be study
for an artist. The complaint with this
cIa IS is that ''interest is down, money is
cheap, and the country il going to ruin.
Only five per cent, on good paper, and
six on bond and mortgage; and as for
sevcn-thirties, they pay we'll enough, but
one may get his throat cut taking care
of them. The worlds made up ofthicves
and beggars, and there's no use trying
to get along. .h-Net0 Jork citizen.