The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1873-02-08
the RICHEST DoY N INc WOMB.
Ar q Saxsss. tAs1Iais - 1GAOoooo(

Everybody has heard of tho lass Edwin
A. stevens Of Hobokeu. He was Q remarh>
able man and he's very remarkable history.
Whether ~ the piouees of sll The early im.
prUvsu,ents in sll eastern New jersey " ~
man Ut vast practical ability, his genius
shons forth iu every relation OF husiuess
life. His father, Col John Stevens, invest.
I'd nearly I'll his wealth iu Hoboken lands,
aud he sOon became the possession Ut the
vast tract that stretches trom the Elysisn
Fislds u = punt beyond the line Of the
terminus Of the Norris and Essex r.,ad, aud
frOm the river to tue Palisades. Fsom y
saasll village the tract became town, and
fs.'m town city, and lots that In the
aggregate were purchased BY the Colonel
u less than one dollar each, were soon
worth I've husdred times that amount che
OoIonel did not retire upOn bic golden
lsursls. Hs projected the Camden and Am.
boy aud New jersey railroads, and lived "
ses them In fair way toward completion.
HIS hand and fortune were visible In every
improvement, aud his dispositivn aud genius
descended 10 his son the late Edwin A.
Stevens. The latter, when Of age, was en-.
gagged IN the transportation business between
New York aud Philadelphia He was the
principal manager of the Camden aud AM
boy ra,lroad, and he applied steam, then in
Ito infancy, to Ill the various uses and pro.
jec,s which had emansted from his busy
brain. FOrty.two years ago Edwin A..
Stevens was regarded ~ the most active
business man IN the United States, and,
making due allowance for age, he preserved
bis reputation up 10 within ,wo or three
years Of bis death. The great iron battery,
which was the last embodiment Of bis
genius, was the forerunnsr of our monitors,
and iusugura,sd new era in naval was>
fare.
Edwin A. Stevens left two sons. The
eldest IL called after himself. He ID bright
lad IT sixteen. unaffected In his manners,
and winning iu the last degree The moth.
Ct, who 10 sill young woman, resides with
her children In the ''casile" abOve the tanks
Of ths Hudson. near the heart of Hoboken.
The boy d0es not seem to realize the fact
that ha 10 heir TO On estate worth 1J0,O00,.
00o. and that In four years more he will
probably be tho richest man in the world,
assuming, Of course, that the estate will be
productive Ut ordinary net interest.
When he reaches bic majority the inter-
ct On his forsuue win amount 70 larger
sum than the salary Of any crowned head In
Europe. II would b. really didicult to com.
pute what the Stevens estate will bs worth
In tive years more. A large number of leases
Of valuable houses aud lots. now held u
nominal rents, will then revert to young
6isvsns; and be viii be the sols pos.
sesDos Of bonds and oeAe1 sscuIitise,
which ars now valuod at 5a,oo, 80.
Should he live to the ago OF bio father, and
bss - lucky in bic commercial veuturss apd
spscslaliuns In lsud, bio wealth, win y
ySssses msu Nususcussas sss, ~ may ~
sble totahs sheplses Of the Aaseras . Crosas,
70 when hanksurss sOvesunssss o. pasioaa
jmpovesishsd BY war msse come for loass.
The lid, however sssms 70 b. uaconsc,osa
VI bic dsssisy. He nay Be- seen daily play.
iuy On ihs lawn 10 front Of the castle sheea
bid father passed his nslussr life The %.
tate b now in excellent hands. The Hos.
W. W. 6hippss hss charge of Il, aad; II N
rapidly improving In vslss. .."
ls Master Stevens 10 10 Congratulated Up
on the possession Ut this vast wes,sh whs,
win ~ do with Il when b. comss Of sss l
II he takes the sound sdvies IT Mr. Dhippsu
10 win follow tbs example Of Atso father.
II Motif he purssss . lhe Of idlesess- III
may possess only grave ss thirty. The,
was something after al In the request ol 4
British pastor to his dock 70 pay ''foe 4
yosng gsntlemas who had sadsoiy asssiusd
large fortune, shas be might bs saved froal
tha consequences Of lssiness and eunus.