Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-03-13

4 a
daughter went for their health. Tbs fu-
| ture millionaire was quick to Journey after
| them to the French Capital, after collecting
all the money at his command to enable
him to travel in style. On bis arrival there
| be laid siege to the affections Of the young
| lady, and was not long in obtaining her
consent to their marriage. Mr.. Howe's
sanction was secured, and they were we'd
ded with much ecldt. They tarried amid
the gayeties of Paris for short time after
their nuptials, and then returned to this
country.
Subsequently Mr.. Howe's second daugh-
ter was introduced to Mr.. Stockwell's
brother, Col. Levi B. Stockwell, and before
many months new match had been form
ed. Mr.. Howe died in 1869, and left all
his vast property to his two daughters.
Soon after this event, Mr.. Stockwell threw
himself into the arena OF the bulls and
bears.
At first he confined himself to small in
vestments, but gradually launched into
heavier aud more colossal operations. Pa
cific Mail was his favorite stock, and under
his manipulation it rapidly advanced in
value. He purchased share after share, and
made it an active stock. His ambition had
led him to become Director in the Com
pany. After getting himself elected aDi-
rector be aspired to the Presidency of the
corporation, to which he also got himself
chosen. Once in the coveted seat, he began
to consider how be could keep himself there
without being obliged to carry the stock of
the Company. A solution was presented
In the Panama Railway.
The stock of this road was selling very
low and Mr.. Stockwell seized on it as the
instrument which was 10 keep him in con-
troll of Pacific Mail. He knew that the
Steamship Company was powerless with
out the railway by which its passengers
and freight were carried across the 18TH
mus, and that the possession of its stock
would enable him to unload himself Of Pa
ciic Mail, and at the same time prevent
bis removal from the Presidency. He
therefore sold short of Pacific Mail, which
Henry N. Smith began buying in, in the
the hope of creating corner. The stock
dropped several per cent, and after Smith
had secured the most of it, he contracted
wit Mr. Stockwell to sell it back at 80 in
three months. Before the contract could
be fulfilled, the Northwestern gale swept
over w All SLr6tI, dilu unexpectedly buauu-
ed Smith, who was just as anxious to get
the Pacific Mail off his hands as he was
previously anxious to carry it. Spectators
say that he beseeched Stockwell, with tears
in his eyes, to take it back, and that it cost
him bonus of $500, 1000 before he could be
released from the contract.
The fortune which Mr.. Stockwell has
amassed from his different speculations has
been variously estimated at from eight to
ten million dollars. How much Of this he
has lost in the recent fluctuations in Pacific
Mail is yet unknown.
In personal appearance Mr.. Stockwell is
medlum-sized, and possesses penetrating
blue eye. He wears mustache and fiow-
ing English side-whiskers of red color. He
is very quick and decided in his manner.
His house on Madison avenue, corner of
Thirty-ninth street, is one of the most ele-
CANT and costly in the city. 1t is furnished
in style Of the greatest grandeur. Even
the fsnders around the CRATES in the draw
ing-room are of gold. Mr.. Stockwell lost
his wife about a yesr ago, and it is now re-
ported IN fashionable quarters that he is
engaged to a well-known New York belle.