, 1870-11-06

u3uaEes NlItAW, 6pendS WOdt OF HiA Im1 b. l
tween London md St. Petersburg.
To-r Winans, who ia Of Scotch 6lo,d, was 4
malignant and hoas5 rebel, and, fog his manu.
'tcture u pixies, steam-gunH, and other
C.s bc1ae. le was made An example Of; but,
t::tr time. 1t ~sa concluded that he was too
.ctmotiyes he dcyi.ed. rot all tha cizaf
sftre1e he eo1trivel, nor the riches and rapu-
in'i:a he brought upon hia country hS fo1clgu |
aaseEtnre. countcEbaEaccc the darkness OF liis
life Wien il ebou1l have been rspentant,
meek. and liberalized i,y years. There were
worse orrces=,onists in Baltimore, bu. noao 20
insacutallS malignant.
JOHN wonK GARRETT.
We nov Kench the man who Is generally re-
earoed as the leading business citizen OF BAL
tiIurr, and rs the most successful President i
though. to be worth Al least two mll.ions
Of property, bealdes great prospective
The psterpsl grandfather Of John ". Garrett |
e1niGratcd from the North Of Ireland to Cum
grandfather was Henry stofer, u Psnnsylvania .
German, who camo to Baltimore in 1871. Mr. |
GsHeth father, Robert, built up large busi- |
nese, ~ merchant, barker, and shipper, In !!
the city Of Baltimore, and wAs renowned in his !
day for his commercial integrity snd enter. |
prise, and lie founded the house Of Robert |
Garrett i Sons. His widow still resides in |
baltimore city, and her <on is said to pay her |
visit every day Of the year when be IL in |
town Although III. CARROTS brother, Henry,
is dead, the President still austains the house
his father established, The title Of which Is
reveren,}y kept" Robert Garrett d Sons"
Tho senior Garrett was heavy victim Of
French sroi,atious; he WAS m active buaineaa
man fifty yeafs in Baltimore City His
banking house vas the agency for the firm OF
George Peabody, and Mr.. John Garrett ia ono
OF the administrators of the Peabody fuud.
The P1esideut was educated ut Princeton Col
lege, and be is i Presbyterian like his auces-
tors He became tho right hand Of his father
established himael{ in an elegant mAasiop.
and purchased a beautiful estate near tho city.
From the beginning le assumed, with cheer
fuIoavot.on, the largest civil responsibilities,
social. religious. md commercial, no that it
seemed his life had neither youth nor ago in
ready rich and successful man before tho
age Of forty, and while he took kean inter-
est in public atai1H, economical aud bencvo-
lent, he seems ncver to havo desired to bs-
however. he made speech II ths B,ltimore
ibs 1afc.a 9Seh s,tr.eed
attention. and confirmed tho opinion already
expressed By the d1sceruing that he was the
most capsule man in Ma1giaud to preside over
her road. This Vac the first speech evar made
by him. He tben laid down tho principles
| upon which tue railroad ought to be directed.
| and when he Acceded to the head of 1t, L few
months aitetHArd, he carried them out to the
| letser. These were. strict economy in the
working Of tho road, no einecures, close A.
tgntiUn 10 tho purchasing department, econ-
omy. intelligence. and invention in the my
ehiue1y, prompt Farment OF all having trans
nrtlons With the company, and In short,
practical transfer Of the sys.arn Of msr-
chants counting room to the Office Of the rail-
way President: to orGaniZe and work the
road as purely industrial eutcEprde, flos
! fr1m political influence, and its atkh
and labore1s 10 BE- Organized upon rigid
system Of promotion for merit or seniority. Tho
President resolved to examine evoIy subject
aud account in person, and to show that he
WAS not deHirnuB OF Recommending himself
moro than Lie sutoroiuates he fixed hi. sa!h-
r. ut & ,000 3 year and gave his Vice Prcsi-
dent 600. His Directors have several
| times Insisted upon voting 10 ta,se his sAlary
10 sl0, 600 year, tut Mr.. Garrett llts inslraa.
big declined, upon tie ground that It would be
: an infringement upon tue general ecHle. The
. first II II OF his supetintendenee was that en-
suing The memorable paric of 1857 wheu, on
: account Of failure OF the crops and at.gna'
tion of business, the revcpue OF tho road do,
, creased about $500, 900; yet, lie had, by biz
/ system, 30 reduced the working expenses thai
| he rnado An incteAse Of net profit of nearly
: million Of dollars over tho previous year. Tht
! mixed character Of his board Of Director
! prevented his ro-eleetion from year to yc.,
without snu1e opposition, hut in 1864, SO til
u1nphant had he enapproved, thAt tbs who'll
{ board Of directors, representing the State, tht
l The stock which sold upon his accession fol
] IS, now ranges from ISL to 40. Notwith
Z. | RtAndirg this incres6e, tho stock Of the roAt
. has never been tauapered with, ''9atered.
+, inflated, nor in any mAnucr rnsde to Ahow hctl
n tiou.ly: aud while the road has paid neini-an
g nual dividends of414 per cent, il has Invests
+ Of it's surplus aud undivided capital, NOR
l. than twenty mlllions OF do1lnra in bf1uche.
q steamships and real estate; nons OF this sui
plus twenty millions Is represented by tn
stock, but 10 clear invested carnin6e sna tn
l. first mortgage put upon the road Vas given t
I doi,.ra. Fhsre is - q sins,s s' mortgage ] npon Il
Il. Pennsylvania Railroad Of forty-fvs milllnns
o Tho Baltimore and Ohio Railroad now rerr'
2, millions Of doIl.rr, or three timer the capita
]. Of tho city Of Baltimore when The road va
d commenced Since Mr. GAIrettts accession
ID the corporation has purchased the Parker.
.mrg branch, and completed and archesl Il
n trolling interest in the Pittsburgh and Il
=. Connellssillo Railroad. 1t has replaced its o
d, aipgle track With 200 miles Of double tr1c
ut reaching from Baltimore to the submits
IT. been ovefb.ulod, and three months ago Il CO..
ey cluded I contract with the Pullman Pals,
x Car Company. It has nearly finished gra
ns elevator 1t Loonst Point: It has le1sed ron
y, to 6snaus&y. Columbus, and Cincinnati;
"a u has under contract the whole Of the metsop
10 ton. and 1t owns absolutely three sseamshii
or and one-half Of eix others. Thoui
IN it may he enid that much Of this prospara
o- grew cut OF tho earnings OF the TO-
'c' during the war, yet Il y doubtful that !,
Cd 20 well during that tirne. Working by u
ak GAt1ett's system, the vrecking and squipme
re force Of this company often ran four disse
- cred portions of it's line, while Ill the int
E: st1ces Of it wero he1d by the enemy; this "
nd done By using telegraph limos in the rel
4 And so it happened thst the rebels new
az | made any perceptibte success in any OF thl
nd raiaa upon this highxay; they had to dght
sm invisible syeteu,, which followed them up vi
IN made by rebels, they tore MP ,thiEty-seT
ma miles Of track. one hundred miles Of to
l,h graph twenty. five bridges and water station
~ and DESTROYED foE4y-two locomotives n
''o tl,rce hundred aud eightv-ei1 cAEs. The !
es> earnings OF The rosd in 1865 ware f
us. milliens Of dollars. or dve-seventhA OF I
md entire cost It the ParkerabulT branch. I
Of stCck basis OF this road is still oulv thirta
ID. nillicnp, Of which Mar,.ssaud and the cities
'Nsa ~ baltimore aud Whee1ing oxn soons fqnf
No wonder that the reputation Of i,:ee fse
ol don't. aa an executive officer, has extende1
'Ge far that be has been offered In ono case IS
~; o0o to manage railway, and In Aoother es
15s ol 900. E1erttont we're used TO put him a.
~ bead Of the Erie RoAd, but he would not
L. h;r n.t;v. Gtr ef ooAst - @Ae "-''@A'
Of ~,
IN John ". Garrett il large aud corpule
o;- though active. BE has Light gray hair a
eAt a~a. Fh.t1.- n.he H4ssc.n, kesn. p!elsu,ss
md Of dinplee- His address Is bland a
oa. va1sst;or.,;.t ,,d +,a-.,,a.,-. soo
,ct- nsrir i;fa j.. ~. go ..as. ePeaH1s,
lnd KennedT And other Iitrrsrp r1n"T - W.rri.