The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1873-01-30
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apicce residents. William b AHob Alex
a0der 2 stewart esd Cornelius Nandcr
bIB, hardly anybo3g luovs or cares who
+ s. rlcb here Daniel Drew looms up frr.
qucniiy io Wan street specuntions aud
I 81 occasionally mentioned iu Methodist
circles and woakfios a. a large cantribu-
+ tor 10 churches and colleges of That sect.
Heis shrcwd Ola EOS and almost nj
ways get. ahead of the boys, as he calls
tac members Of the Stock Exchange,
+ when he bss q fancy for big operation.
he has made vast deal oi money IN the
+ last two wears, and is now rcpnted 10 be
worth sio.0oa0 600 One ofthe most sue
cessfuI specualors in the street, Of late Is
( Henry n. Smith, reported 10 have clear
ca S5,o0o.Q00 or $1,000 900 in the last
twelve months. Jay Gould is said TO
have added some q ono 600 to bis capital
since the coup d'eta, II Erie, and ten or
twelve other bold operators might be
named who have bulled and bcarcd and
gotten up corners until they have aug
mcuted their fortunes IN a single year by
4 $1,000 coo to 1880 600 apiece.
+ | have mentioned that many Of our
rich citizens are seldom spoken Of as rich
/ because there arc others SO much richer.
i Take Alexander aud Robert l., Stuart,
the sugar refners, for instance, who be-
gan life as ragged urchns, peddling mo-
lasses candy at penny a stick, Their
4 estates are estimated at $4,000 600 to S5,-
4 600 900 each Ancient George Law,
/ whom the Herald once galvanized into a
temporary notoriety by christening him
'Liye-oak George" and nominating him
for the Presidency, is probably worth
/ $4,000 600. Yet he is so rarely mention
cd that he is supposed 10 be dead, He II
very much alive, however, and may be
almost daily seen driving about in rick
ETY. old wagon, looking after his ferry and
other interests with as much zeal and
pertinacity as if he had 10 earn the price
of his dinner before eating it, Law has
always been extremely lucky, and he be-
ieycs in luck. No wonder, either, for he
came to this city from his rustic home in
Washington county so absolutely peuni-
less that he had to work his passage down
the Hudson. Almost the only unlucky
transaction he ever had was in the pur-
chase Of muskets--known as the George
Law mcskets then and for some time at-
forward --lor the Lopez tiilibustering eX-
pedition. They were seized as contra
band on board the steamer Grapeshot,
and Law, protesting that they were not
for Cubs, appealed to the courts. Before
the litigation had ended, the Lopez expe.
dition had failed, and the leader was
garrottcd. The muskets subsequently
proved to be so vaueess that II was well
the insurgent Cubans lost them. Even
Law lost money on them, and he ha.
made it rule to put all his losses upon
those having dealings with him.
August Belmont counts his dollars by
= the million, and is presumed 10 make OF
an average over S2,000,000 year by his
adroit operations in American securities
He is a German by birth; came here as
the agent Of the Rothschids; married 8
niece Of Commodore Perry; has beer
prominent in politics as the President o
the National Democratic Committee, and
has long been an authority on matters re-
latiug to finance and the turf.
The famous bankers, Brown Brothers
do very Tranquil but enormous business
aud have fortunes ranging from $4,000,
900 each They are natives Of Ireland
though rather Scotch than Irish, as nigh
be inferred from their slrewdness, euer,
% and acquisiliveuess. The founder o
the honse, James Brown, commenced hi
business as a linen draper, and having
prospered went into banking, where h,
still remains. Brown Brothers are cx
tremely orthodox fact which render
them remarkable since theology is not, a
] rule, one of the vices Of Wall street
They live comfortably, bnt unostenta
r tiousJy, making much less display thai
e some Of the young brokers who frequent
r y place all their ready means upon
margin, aud take the chances Of a favor
able turn.
The exemplary and highly esteemet
Peter Cooper Il one Of our rich citizens
Z and one Of tile few old men who wer
: born on this island His father was
2 poor halter, aud Peter worked hard il
: the paternal shop for the merest pttanee
d, Always desirous to be educated, he neye
2 was enabled to attend school beyond
e single year. aud then only half the time
4 the other half being devoted to earuini
/. bis daily bread This deprivation Of hi
: early youth be felt so keenly that he "a
g termiued. should be ever acquire a for
i tune, to DO something for tie cause O
, Tree education. He adhered 70 the deter
= miuaton, and the Cooper Institute ia th
il glorious result. Coopers estate Is wort
i Si,o00m3.
s Horace y. Clalliu, oft firm Of II. Il
y Cla1in q Co., the second largest DR.
j. goods establishment in town, bas an Ind
b. yidaal property valued at from $4,000
00o 70 go, 100000 lie is q native {
r New England, ard has Che appearance
u aud bearing of genuine Yankee" u
Is much more popular than his rival a
= Z. Stewart, aud seems to be man &
J. mach broa Ter sympathies aud more ger
+ cr0us instincts.
Il Ablel 4. Low, long lie President ,
r. the Chamber ofCommeFce, and fhe gfes
!, tea importer, has a Ecry long purse vcr
- f4H al Erautus. ffp NAV Ip set d0vgu {