Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1867-09-03
Habits of New York Millionaires.

A New York city correspondent
OF the Boston journal speaks as fol-
lows of the habits of some of the mill
lionaires of that city:
A. Il. Stewart works probably
more hours than any mechanic or la
boring mau in the State. His vast
business is in his own hands. He
consults nobody as to buying or sell
ling. He has many partners, but
they are partners in the profits and
not in the management Of the bust
ness. His system is exacting but eff.
ticient. Men are all timed If they
are late, if they overrun the time al
lowed them for lunch, if they mis-di>
rect a bnndle, if they eat in the store
ifthey sit down during business hours
they are fned. No person is allow
ed to take bundle in the store un>
less the walking gentlemen marks
it, No bundle leaves the store with.
out being examined. Mr.. Stewart is
| about the first man down in the morn
ing. lie takes an early breakfast,
and in one horse coupe rides to the
store. lie INDUCES in leisuroly
dinnerat public house at five o,clock
then returns to his den and continues
his labors until every item of BUSH
ness in the store is finished. Pleas
ure seekers going home from the the
atre often see the twinkle of Mr.
Stewards light in his counting room,
showing that the great millionaire is
hard at his tasks. But it is his recrea
ton. He finds his pleasure in work,
and asks nothing more
Vanderbilt is a gigantic speculator.
Like Frederick the Great, he takes
his leisure to mass his troops, and in
an unexpected moment throws him>
self upon his foe, sure ofvictory He
has the Harlem and Hudson Roads.
He is after the Central, and means
to control the Erie. He takes his
leisure in the morning and divides it
between his breakfast, his cigar and
his horses. He spends greal of his
time in his stables. He has a trot-
ting track in his yard, SO that he does
not have to go far to try his favorites.
At ten, precisely, he enters his up
town office. At twelve he rides up
to the Harlem, and then over to the
Hudson Railroad. The rest of the
day he gives to business and rides
He seldom appears at the Stock
Board. lie buys through other
hands, because he can do it better.
Daniel Drew is o very quiet man,
of plain simple habits, seldom spehks,
and in his down town office iu Broad
street would be taken for a rustic
farmer or New Jersey trader, who
was not bright enough to sharply in
vest his money.
Cafin, who is treading so close on
the heels of Stewart, in the dry goods
trade, was a small trader in Worces>
ter. He bought goods in very small
quantities, and was noted for carry
ing home his own bundles. Like
Stewart, he manages his own business.
He found his complicated trade wear
ing upon him, aud like wise man,
as he is, he purchased little place
up the river. He leaves his store at
four every afternoon, drives up his
own team, and spends the evening in
the quiet of his own family.
1t is the younger class of traders
and spectators who trade in the
night and give themselves no rest on
Sunday. They reap their reward in
premature decay. sudden failure, or
great losses. The line of demarca>
ton between the old style of do,
ing business and the new is very
broad