The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1879-04-24
YANORRBILT And GREgLEY.


pal and Interest.
New York Times
Some fifteen years ago Cornelius ].
Vanderbilt Vas somewhat in disfavor
with his father, Commodore Vanderbilt.
on account OF his reckless hsbits and
extravaganza. . Young Cornell usp
sged TO ingEatiate himself In the favor
OF the late Horace Greeley. The com
modore had cut down CoTnelius's fnan,
cisi resources to mere living allowance.
and was MEMORABLE as to all further an
Peals on that subjects. In the course Of
the aequsiDtanceshi3 and intimacy
which resulted between Cornelius and
Mr.. Greeley, the latter was induced TO
advance or lend considerable sums OF
money to the young man, but upon Whist
representations, expectations or security,
Is not now very generally known The
total of these loans has been stated ST
forty thousand dollars Cornelius J.
gave Mr.. Greeley his potes for the
amount. He has never since been in a
condition TO liquidate the debt, although
he was doubtless disposed to do so. The
| commodore and Mr.. Greeley never
undertook sny settlement of the affair
although they are understood to have
had brief deoate on the subject on one
occasion. Since the close OF the trial q
| the Vanderbilt win case, negotiations
have been completed by which these
long overdue notes have at last been
taken up and paid by Mr.. W H. Var
derbilt in behalf of his brother, and
! partly no doubt, under a sense of c qui-
! table justice to the heirs OF Mr.. Greeley.
The matter was finally closed at the
! Hoffman house, in conference, when
! l.
] Mrs. Ida Greeley Smith and Miss GA
! bTielle Greeley, Mr.. Greeley's surviving
daughters, che sum of tWenty-eighJ
thousand five hundred dollars each, being
the principal of the notes, with accrued
| compound interest. There was no legal
| liability whatever against the estate OF
! Commodore Vanderbilt on account o;
this debt. and its prompt and generous
I settlement reflects credit upon the execu-
| tors and viii, no doubt, prove acceptable
to the recipients.
| In connection with this debt a story
| is told that when the commodore heard
| Cornell = had been borrowing large
| sums of money from Mr.. Greeley, he
becare very angry, and assuming that
/ Mr.. Greeley had loaned the money
mainly in the belief that he, the comm0~
dore, would repay it, determined not TO
| pay 1t, as a warning to Others not 10
lend money to his hayward son. After
| thinking over it, he set of in high dud-
geon TO see Mr.. Greeley, and " give him
3 piece oil. his mind about it." Mr..
Greeley was very busy when the com
modOre csme, putting and indignant,
| into mis- Office. Ia his usual bluff, i'm
petuous way the commodore said '' Mr.
Greeley. I understand you've been lend
| ing my son Cornell money!" Mr
Greeley, locking up quickly, and then
almost instantly resuming his work, re
/ piled, in bis usual crawling way: % Yes
commodore. I've let him have some
money" g You have, eh ?" blufed il
| the commodore, "you have-wel, ]
want you to understand that I AMT
responsible for it, and l shan't pay you g
cent OF it." Mr.. Greeley ran his spec
tacles up on his brow, stopped writing
for a moment, and, turning full face or
the commodore, fairly yelled out, g You
won't, Ell p? Well, who the devil asked
you to pay itf I didn't, did L ?" Gree
ley dropped his glasses over his eyes anC
bent again to his work The commo
dore, nonplussed and boiling over with
! fury, steamed out of the ofice, and i
was g matter of rumOT that the two
men were never afterward on as gooc
terms as they had previously been.