, 1876-04-21

topped him, with many excuses and ex-
plantations and all the diffidence that
camc of opening their secret hearts at a
venture, Ursa Major departed from his
scditc and dry habit and flowed amazing
gcniality and sweetness. Deacon after
deacon came up fdgety and departed
comfOrted, buying Erie. Under these
circumstances it was blow to them all
to have the good and kind old man gently
dcpress Erie point or so and placidly
a"quire their margins. If they came back
discOnsolste, stop speckerlatin'; it amt
right to tech Erie with no margin" was
-tTaditional--conso
If he did not in fact invent the ''strad-
die" of the market-which consists in
riding two or more stocks in different di-
rectiOns at the same time-he was the
first TO discover the applicability Of the
"injunctiOn" to the uses of clique. An
injunction can be got very easily, even
nowadays, on a prind Jdeie showing that
something or somebody's is probably about
doing what would be wrong Daniel intro
duced it in sway -bosh" or perhaps Erie,
Way-bosh most likely. The utter alb
horrence of the street for litigation is not
unnatural, considering how doubtful at
the best the law considers its daily bust
ness in respect of its binding force. Con-
sequently it was very much in Uncle Dam
iel's line to startle the boys with this new
engine and harrow a sensitive market
with bristling affidavits and an order SOL
emnly and formally fOrbidding a Board
of Directors from doing what they had
or probably had not thought of doing.
The success of his first attempt tickled
the fancy of the old gentleman, and if he
never tried again in earnest to use his new
device he was always foremost to suggest
to pool in anything: 1--WE must injins
'em, boys-we must i1jine 'eml"
Erie and injunction became in 1867 in
separable, and Daniel tasted too deeply of
his own devices. 1t was in this year he
last encountered the terrible Commodore
and was tremendously beaten. Erie was
the old love Of both, but Daniel didn't
profit enough from the lesson he got in
1864 to keep out of Vanderbilts way
here on his own peculiar ground. Van
derbilt and his friends had controlling
interest in Erie in 1867 and determined
to get Drew out Of the directory. That
was bitter for the old man and he begged
off. The Commodore relented and Drew
stayed. His fingers itched nevertheless
for their old tricks with the elastic GER
tiicates, and suddenly pool in the Van
derbilt interest "bulling" the stock was
brought up by an enormous load quickly
dropped upon it-by Uncle Dan Of course.
Now this, to the Commodore, was treach-
cry, and while Uncle Dan chuckled he
suddenly was injined from paying himself
some three and a half millions he had
lent the road, and his removal as treas
urer was asked of the court. Then he
was forbidden to issue any more stock, and
that made a very hard row for the old man
to hoe, Fisk and Gould were around in
those times. Uncle Daniel had intro
duced the former to the street, and picked
him clean, but the young man had grit
in him and conquered a peace. Proba-
bly, the merit of the new device was his
the merit of cheerfully accepting it
was Uncle Daniels at any rate. They
got out, injunction to the contrary not
Withstanding, 90, 900 new shares of stick.
This they dropped on the Commodore,
and he took 1t like man, but the price
went down. The Commodore began pro-
ceedings for contempt and the trio fled
to Jersey. Uncle Daniel didn't like Jer-
sey; he was old and he wanted to get
home. He went TO the Commodore and
begged of again, and the Commodore let
him of. Even yet his tricks did not end.
The trio "locked up' $4,000, 900 green.
backs to depress Erie again, but again
Drew gave out; some said to help friend
in distress. For this his co-conspirators
punished him by loosening money and
sending up Erie. The old man was short
70, 900 shares and lost million and half
But it was Gould in NOr'west Wh0pnd-
ed Drew. The old man lost a million
aud a-quarter one way and sacrificed his
Erie stock another way. Unlucky deal
ings in his favorite "Way-bosh sheers"
and in that remarkable vanity known as
eQuicksilver," with a responsibility on
Ks Endorsements for $500, 900 on Kenyon,
Cox 8 Co.'S failure in September, 1878,
have hastened the result. His reverses
have been attended by panic, but his
bankruptcy has caused hardly ripple in.
the unstable street. He was never "kingp
there, being outshone in his most active
days by some brilliant competitor.
He has been a puzzle to the Methodist
| n hAuA VI
that body reports him as a vigorous re-
vivalist at Carmel in the eos. His house
in Union Square, during Mrs. Drew's
life, was always open to Methodist cler-
gymen and laymen, who were wont to par
take of its hospitalities when any confer
ence brought them to New York. A
front room down stairs was his faVorite
abode; the calls at his bell of an evening
he was likely TO answer himself, slippered
and benign, referring all who came on
church errands to his wife, unless some
special message to himself was concerned; /;
and he spent hours before the CRATE in
the same room Of evenings, occupied not
even with the Bible aud hymn books that
figure as personal assets on his schedule.
but with only toasting his slippers, doz-
ing and thinking. His habits were of
extreme simplicity, mighty seal skin
coat, reaching nearly to his feet, being
the only snowy garment remembered of
him. He has been reported confined to
his bed for several weeks, and sees no
visitors.
II Mr.. Richard Henry Dana, Jr, ac-
cepts the mission to England, he will be
the sixth Minister who has been sent to
the Court Of st. James from Massachu-
sets. John Quincy Adams, Edward
Evarott Hooro,o Rancroft Charlpq Fran