The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-03
NABOBs OF NEW YORK.
Four Men Worth Five Hundred Mill.

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Four Men Worth Five Hundred Millions.
Occurring again, Mr.. Hatch to the three
or four very rich men-name them, il you
please"
well, there are just four of them in the
first class. First Vanderbilt and his sons;
second, Russell Sage; third, jay Gould, AMI
fourth, James Keene. suppose you refer
to men that have been directly connected
with stock operations. Vanderbilt aud his
sons, who are all together. have got $780,
100000, am sure that this is not overstat-
ed, Tor the 10000 900 or $70,OOO,OO0 they
| have in the government loans represents
their interest as ii has accumulated.
Tnc next man is Russell Sage, who s
r cher than Gould. He is worth
from S60,000,0O0 to S75000,0O0, Gould is
worth 1900, 900 to $50, 100000, and Keene
from $25 900 900 to $50 000, 600 Those are
prodgious figures. See what they repre-
sent OF other mems losses, when you look
at the present state of the stock market
and what it is tumbling to. There is about
| Si50,OC0,0 coo to $4,000, 900 in the hands of
four men, who have made it all around this
| stock exchange out of the gambling pro-
pensties and the credulity of the people"
you surprise me" said |, "in rating
Russell Sage so high"
"Well it is fact. lie has been q cool
| steady, strong man, playing no tricks but
scooplng 1t III all the time. | may say for
him that If you get his name to a piece of
paper it is Just AS good MS any obligation in
the world, Gould has been the most dex-
ferrous of the lot. Keene represents his
name. In character he is certainly Won
deriully keen man. The history OF bis
operations in Lake Shore and Northwestern
would be great subject for one of your
letters. lie took Lake Shore at GO and got
rid of most OF it at profit of 100 per cent,
aud the same way he took Northwestern
when it was about 40 and sold most OF it at
about 800 per cent profit, for it went up TO
l26 last year, and stands now at 100. Van
derbilt now owns the railroad"
"Gou surprise me, said J. SIS the pub
lie generally aware that Vanderbilt owns
the Chicago u Northwestern road?n
"They may not be, said Mr.. Hatch, "but
he does possess them | went to him with
Il statement of the condition of that prop
erty, and told him it was a good purchase,
aud he has iodnd it so, but think he kept
all the commissions in the family, for ]
never got any OF them
Has Vanderbilt's purchase Of the Michi-
gan Central been lucky one2'
Yes, think il has. He is one of the men
who has made money right along and the eff
feet of the boom, which is now played out,
has merely been to transfer the wealth OF q
great many people 10 few who are all the
time getting richer"
Are you aware of any other fortunes to
be compared to those you have named ?'
"Do you mean in other associations than
stock scheming2 Yes, there is Commodore
Garrison, who deals in railroad property,
bnt not much around the stock exchange.
He has no particular broker, and no office
right about the exchange. He is worth
f2500000O to $S5,00O00O Moses Taylor,
who died day or two ago, has left $4,000
600, they say, so that it makes his legacy of
S25O,0oO to a railroad hospital look pretty
small. - Gath, in Cincinnati Enquirer.