Idaho semi-weekly world. (Idaho City, Boise County, Idaho Territory) 1867-1868, 1868-01-08

A correspondent Of the Charleston
journal sends the following; 80 /, s.
oALExANDrR 7. STEWART is a native Q
the North Of Ireland-not of Scotland
as many suppose. He is nearly sevent,
years old, and has been forty years {
dry goods merchant in New York
His wealth is estimated at thirty mil
lions, all acquired by untiring applica
ton to business. The foundation O
his fortune was laid in small store
down town, where he began his mer
camille career as a dealer in Irish lin
ems. Most of his success is owing to a
rule he established at the start, and
which he has faithfully adhered to ever
since-to never misrepresent his goods,
and never ask more for them than he
intended to take. By those who know
him only through reputation, he is es-
teemed as great and liberal man. He
has given much of his wealth to chart
ties, but each contribution advertised
his house and brought him largereturns.
1t is said that some of his clerks who
enlisted at the beginning of the war
ON the understanding that their places
would be kept open for them, found
those places filled when they returned.
The number of his employees is not less
than two thousand, and many of these
are girls.
The rules with which each person
employed by him has to comply are as
rigorous and unyielding as the Medean
laws of old. One is to get the largest
amount of labor for the smallest amount
amount of money. He pays the small
lest salaries of any large dry goods
dealer in New York, and the girls en-
ployed by him complain that the place
is the hardest they ever had. He keeps
to the strict letter of his word with ev-
cry man, and neither asks nor gives
favors. Creditors looking to him for
grace speedily find its opposite. He
has about a score of partners, and all
must take the law from him. And, in
conclusion, he is married, but childless,
and the magnificent mansion he is
building on Fifth avenue is to be be-
queathed to the city of New York, to-
gether with the costly collection Of art
it will contain This is the real 4. II. |
Stewart, as he is known by those who
have met him daily for many months.
He is one of the architects Of New
York's commercial greatness, and his
disappearance from this world will be
a public loss. | cannot say that he |
will be greatly mourned in private.
CORNELIUS VANDERBILT,
is another renowned millionaire, long
famous in railroad and steamship
enterprises, and now very emperor
in Wall street. Vanderbilt, like Stew
art, is well up to the patriarchal "three
score and ten" He is tall and thin,
and as plain man as you would find
in all the haunts of the bulls and bears.
Of all the self-made men in New York
he is the most prominent. About forty
years ago be commenced life on his
own account by sailing small boat
between New York city and Staten
Island, and carrying freight and pas
sengers to and fro; but it was not I'M
til the California fever broke out that
the road to great wealth was opened
to him. Vanderbilt always had an eye :
10 good openings, and he was quick to
avail himself Of the chances to literally !
coin money, that were offered by the 1;
'ush to California. Before that time he :
had acquired experience and consider 3
lble capital in the steamboat trade on t
he Hudson, and both were Immediate t
y turned into the new channel. A
steamship line was started, passengers
md freight rushed upon him, his capt. q
al doubled and trebled and quadrupled, !
,ther lines were started, and when the |
ate war broke out Vanderbilt's steam
hips were ploughing every sea. d
About three years ago he retired |
rom commerce to devote himself Who'll t
Y to the Hudson River Railroad, with t
Thich he had been for several years t
He brought the same spir- t
to this that had made him successful h
! the other. TO break down and utter
7 crush all opposition was always his
urpose, and by executing it to the let :,
,r he has made name that is world q