Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1869-08-28
A True Story from Wall Street.

A young man from an adjoining State,
who has recently been rescued from u
score Of hungry creditors, and who siill
has credit at his bankers of about
100000, but who not long ago was IN
reduced circumstances aud obliged TO
live IN retirement on Staten Island, makos
the follOing solution of his sudden acqu-
sition oI competency. Tho gentle.
man-lIolt by name-was residing in
one Of the fashionable hotels on Staten
| Island. He was extremely down-heart-
ed. This was the reason of his low
spirits: About two years ago he had
married very handsome woman, on
whom he fairly doate,l. At that time
he bad $25, 900 in cash. Soon after the
nnptial ceremony Holt returned 10 this
city and became n broker on Wall street
He was too honest TO succeed there.
The bulls and bears gored and tore him
.-fnanciallv-and in less~than twelve
month he had not dollar left. Dis
gusted he retired with rs good grace
as possible, leaving his cash to fulfill It's
mission. With wife and child he went
TO the country, and finally, as before
stated, settled down in hotel on Staten
Island. His wife had some means, and
she gave it freel y for the support of the
family.
About two weeks ago, late one hot
afternoon, gentleman drove uD to the
hotel where Holt was living, and gruffiy
asked whether there was a hoy there
who would hold his horse. 81 viii do
it, sir" said Mr. Holt, and he did hold
the animal during the time consumed
by the elderly gentleman in obtaining
/ his dinner.
y few days later the same gentleman,
driving the same horse, stopped at the
same hotel, and hunted for boy again
to hold his horse. No boy being pres
eDt, Holt again volunteered. He held
the horse until the hostler came to take
the animal to the stable, and then retired
within the hotel to dress for dinner.
Mrs. Holt had way of making her hus-
band get himself very respectfully at
least once each day, and that was for the
dinner hour. Usually he had been rather
negligent of his costume, and since his
| financial fdScO had really become seedy.
When MIR. and Mrs. Holt entered the
hotel dining-room that evening, Mrs.
Holt was resplendent. Her husband was
at least dressed in gentlemauly style.
At an adjoining table sat the elderly
man whose horse Mr.. Holt had on two
different occasions had the pleasure of
holding. The eyes of the elderly gem
tleman were observed to diate consider
ably. In fact here stared at Mr.. and
Mrs. Holt. But he said nothing at that
that time After dinner, however, he
sought out Mr.. Holt, and bluntly asked
his name "Holt, sir, at your service"
sand who do you think l am?" again
asked the elderly parsonage. "Oh, you?
you are odd Vanderbilt! know you,
and the horse l have held is Mountain
Boy an animal any man might be proud
TO draw rein over"
Instead of taking offense at the epithet
"old," Mr.. Vanderbilt-for it was the
mmodore-seemed to like it, and he
made some inquiries about Hollis ante
cedents, took a fancy to Kim, and per-
emptorily ordered the Young man to
make his appearance at his uptown
office on the ensuing forenoon at pre-
cisely IL O'Clock. Holt promised to
obey, did so, and had an interview of
over an hours duration with the million
aire. What was done or said on the
occasion no one has ever been able TO
learn. But few days later Holt made
his temperance in Wall street and ope-
rated strongly and successfully in GER
tain line of stocks known to be mostly
controlled by Commodore Vanderbilt.
So well did be work his card with the
instructions undoubtedly obtained from
the Commodore, that in few weeks no
cleared 100000 i'll cash, which he de-
posted with prominent clearinghouse,
whose vaults are protected by burglar
: proof locks, and who keep day and night
watchmen expressly paid TO see that no
unauthorized person tampers with those
safeguards. Two days ago Vanderbilt
sent for Holt and said to him:
; "Young man, hear you hare made
some money. l am glad OF it. Now
just take my advice second time
Never put foots on Wall street again.
You are not suit for that atmosphere
Slun it as you would the devil. You've
, got enough. Keep what You have and
be contented."
} Holt now shuns Wall street as hs
would pestilence.-N. J. Sam.