Morning journal and courier., 1883-04-09
VanderbfIt,a Wealth.

New York Cores pondence San Francisco CalIJ
 Popular estimates of Vanderbilts wealth range all the way from three hundred to six hundred millions. There can be no exagger- ation in the lowest of these figures, and may be but little in the higher. Speaking to a Times reporter the other day as to a report ed retention of bonds by the New York Gen tral, Mir. Vanderbilt stated incidentally that he himself held between sixty and seventy y millions of the stock of the New York Gen. tral, which pays regular dividends of one per cent. month; that there was about one hundred millions in the Vanderbilt family, and that besides this he was large holder in the bonded debt of the company, which ranks at over par. Add this to sixty odd millions of registered United States bonds that stand in his name, and the enormous in terest he is knowl. to hold in other railroads, his real estate and properties of various kinds, and the aggregate must be something enormous, making him without doubt the richest man in the world. Nor is there prob- ably in the whole country man who lives on a smaller proportion of his income than does the millionaire. For a man of his wealth he is exceedingly economical, and irrespec- tive of stock speculations, in which, with his immense command of capital, he is always winner, and the growing appreciation of all his properties, he must, out of the sheer say ings from this income, be added millions every year to his already enormous fortune
 
 be very dull and stupid, by no means the equal of his father in those qualities which enabled the Staten Island boatman to become the great steamship commodore and finally the unrivsiled railroad king But he has all the plodding sagacity that enables him to hold on to what he gets, and he has surround ed himself iu the management of his great railroad interests by the best executors and advisers Should he live as long as his father and be succeeded by another Vanderbilt of the same kind it is 8 curious speculation as to what the Vanderbilt fortune will amount to, or perhaps rather what there would be st the end of the third generation left for other people. Yet if Gould were twenty years younger it is in the possibilities that he might easily distance Vanderbilt before 1t came his turn to start for that land where earthly wealth cannot be taken, for he, with all the money making qualities of the first Vanderbilt, has reached that point where the millions roll up of themselves, even though their possessor be fool or idiot. Ad- mission to the picture gallery in Vanderbilts new house on Fifth avenue, is to be had on two afternoons in the week by previously writing for tickets of admission, and is avaiE ed of by people who not only want to see the pictures but to behold for themselves the in- side of the house of the great millionaire Not much of it is to be seen, however, but what there is Is very fine and costly. Your California millionaire, Governor Stanford, quietly occupies Vanderbiit's old houae, nav inp his office in Mills buildiug-the erection of another California millionaire, who, since his daughters marriage with Whitelaw Reid, has bought out the mortgage held by Jay Gould on the Tribune and taken the paper founded by Horace Greeley into the family.