New-York tribune., 1876-08-05


him The money the next day aud they all answered 'h
they could get 10 money. Mr.. Work was very lhuch
alarmed nj The COmrudore asking euch question: puI
va. Immediately aftcrward roassufed, for "hon ''oy
;licd NO" to him, the Commodore sad' well "','
40 down tomorrow morning myself ami glTe you c"
forit" lie had evidently held that check as last fesof
| uc aid 20 down and give a check for these
1000 shares OF stock. At that TIME nc c"iho
to the assistance Of his friends, such as iiarher
anil Turpb Guite literally by sustaining their STOCKS
Iarkrr had great deal OF stock and the common ORC
sustained that by putting h!s mortgage bondS ol tue
Central az collateral security and ths ne i ioF o'ners
While was an act o; friendship to them IL WAS aso an
act of caution tor HIMSELF because hau nc h'' "oo "'
| stock would have sunk +" i2O.
Tho yeaIs 500 and 1870 passed IN patchIho up anu
recupcra.ing from the disasters OF Black Friday In the
Fan of 1870 and the early winter Of 1871 the following
operations took place: Iu the Fail OF 1870 Rutus tch
solicited his influence In the cndeavor to ruin H'"i
The lnakc, IN the Fall o 1870 become so sta2hant tn
II co.,d not be moved upward or downward and Hatch
began a series Of operations in which he asked inc o'u
mans aid Finally he brought IN Drew and then locSea UP
| st ooo Ooo or sj0OoOO0, aud then jay Gould was
brought H. The pan failed OF succes3 because Nan'cr-
| llt did not cooperate very warmly. Hatch IN
1870 wanting TO get the market down, began 10 abuse
the Commodore personally, by printing open letters III
the ne ocrs. TGc Old gentleman although not much
given to feeling In commercial matters was stnnS py
good Banker Work. and Others, and was anSered INTO
action He got ready Of operations IN which lie
used his opponent rather roughly in COMMERCIAL az wen
as personal sense.
The years 81 and 1872 passed along smoothly for hs
interests. think he nOt engaged IN any opcrhtiohs
in the street until hc began TO take hold OF western
Uu,ou which he did in the latter part OF 1872
and the early part OF 1873, when lac became
large BUYER Of that stock. friend was Win
him in the Summer Of 1873 at saratoga, where they
had a consultation Of railroad men. The Commodore
was extremely confident Of the future OF aIi r'i"'y
property. H. had been made President o' th' MICH
tglu Soutlrrn Railway Company and had just r'.hfucl
fro,p a trim over the road Th.. IN Aug,5t )s7d
He remarked ta; the country entering on new era
Of prosperity.
don't believe that Mr. Vanderbilt has been calaged
in what sou mgrt cnll stock speculation. iha s carry
ing large amount of property on borrowed none -hce
1873. think that II H. had mad success az DIS
Western Union operation that tel e,sri1c would have
b,,a a ,r,a. deal cheaper, and tI~s It would have
assumed 90" character Of p"~ig' t'lesi pa iihh
one ~ hi e- that people sl,U.d "rt' iettes by
telegraph.
suppose to-day that be b. worth Slooou000" II
he could have ca. red an n, views With regard TO
Western Union that wou.i nave aGoril . place
for hl, sugp!u. capital don't bc'cg' b, was over IN
lake shore TO any great ra,cat. HtHHf' horace r.
Clark aud Augustus Schei were d'cp 80 lake -Ior''
and hen Clara died. Of course o; "" 'iia q" 's h''-
,-f
tain the stock lie did 10 out OF ac'pnuod zion o t!rn'
and n did not entail much add onl. lJIr ui him.
II ,y. simply 20 loan the bcnet - h. Llac. lie may
have had somc stcckF2 OcoOOD, P,rsap' .!'' GiA,r-
cnc with Barker resulted from ta1 pane of 1919 He
hrpcd Banker oat o his troubles and come d rcnce OF
opinion followed.
CLUB LIFE AND LOVE or HORSES.
Commodore Vanderbilt never srmiii"d Ills feelings 10
get ito better oi his opuons his judgment No man
va. less governed by feclr, ia bi, stock or pecu-
MARY operations H. way. .ii that man was Tool 70
allow himself g. HsH or - quarrel or to call names,
and tha, 10 business ms, di this. lie vas always
very fond of cards v't' nt point enchro" He never
played poker or gal. 80 ac faro table ASKED HIM
once as 10 the ...s emoun; OF money he
..,f rt,d. ~ whist . 70. aid that when the Southern
mon we're IA Their gl. .c won 10000 n one day. He
was q ueuit II tho .. ssclct Club years ago wheu II
ms dor1 ncNt t. g.. metropolitan Hotc!-25 or 30
ago !or fcITs lac was a member OF lie
.r...aC... and WIS oico Gal,y OF an ndlscrcuon IN
- :. fhp table In ti.c clubhouse, and Was threat
.... lsr,pn.on Iie Gi not 90 there for a very
- .. att! .Ia but litcr Ae Resumed his Visits. In
....- non 1860 io 1870 hc was regular attendant
... Dbai.au Cab. IL Wa a good WHIST player,
pt Gr,t-c'a.s one lie Was MT very apt - III
dl.., rccrmuatou at game. No sl'ccii! persons
fpl. tL-f party. In those dly- there were many
Wis. .... rs-Wo.x Banker, DEAN ErEmOn!. Farmer
Aur., . 80 Belmont, and \. ". Classon. II, did not
co 10 .. yub after l-71, believe He changed his
babl,s t,riaiy afor his second marriage, ana DIDN'T
-. ou. .'u ID the evening.
It,I Gentleman carried into H. use ~ horses and
uis dI,in. the road jns the ann" characteristics
which lc displayed Va business. Hc would drive alon-
tie middle trc road and intimate to people that they
mus; s.t ou; of bis way. II tiu'tus along the
nj lllc Of the road IN laG3 when a into his car
rtrr and upset lu. H. as picked up 1Hd carried u'o
"Ihe ou club House" when he rr.dncd conscious.
u.-- tac t,st iur hc sad tn Charles BAKER, who was
dino t..l, lm 10 NtA
ting wh.a he struck me 2" wckuovn driycr Of fast
b,r. u,iu, F.,ncls Baker promises either to give
sc ~ reasonable sJtc e. the Commodore bdrS horse
which lc owned. Tie borsc'- name was Pane one day
B1..r druyc the rots" past the clubhouse while the
Commodore was standing ia the door. The Old man
called on, tn him, Frank, what are !ou driving my
uo.sr 80 i'st, aud running him ori' Baker pulled up
hi. horse and came back to the clubhouse ana began
abusing the old gentleman al q rate. The Com
m,dore did not reply to him Baker tauutci hm on his
ptciG 'oil business, but the Commodore dd reply
Tie next day. however, Wand rit took -Pcola pains 20
a.,.Itain Eov Baker was situated In regard - Harlem
IA road ,tock hls intention being to twist HIM
Ia. Commodore lad great liking for the society of
hor.cnen Whcu railroad business was moi pressing he
preferred 10 sit down with such horsrlcu Samuel
Gaushliu l.I Hiram Woodrln aut tllk aaoat horses
than st down with cultivated peoplc, bccal,e
Le could Mt elaborate upon any topic. The horse ques
ton consisted iu opinions rather than arguments, and he
would oyc h, opinion on Subject, and that would end
TIE matter 80 Ear as be was concerned.
iIp,o,ct nj GIT IN the club hen the contrast was
drawn between the values OF certain railroad properties
Lpt IN favor of the Commodore, and he called ont CAIN
Il was very amusin- 10 Drew and Neuioihut to.
c.thcr Drew aWa,s called Vanderbilt Colariu., AMI
Nuudcr't called Drew either Daniel Dan"
\. jgdc, of hGuon nature u,Gut think much OF the
Commodore. lie carried his point many times by the
sheer w.ght "i ha intortablc viii ana money power.