The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1884-02-08
THE VANDERBlLTS.
H fH 1851
Their Social Pretension and Their
Wealth---Current RumOrs
Contradicted.

one of the most exquisite sites In New
York. If you were to take the steamer
to Europe and look over the old Catho-
lie cities like Rouen, Rheims and Ant
werp, you would find no more beauti-
full specimens of the secular gothic than
this house, which is built OF a whitish
stone, deliberately carved, and with all
the fantastic and grotesque exemplif-
cations of the gothic architecture OF the
judicial time. l have suspected that
many of the features of this house were
taken from the palace of justice in
the city of Rouen. Looking across at
this mansion, with its half dozen
splendid dormer windows In stone ris-
ing through the roof lines, said: "The
western newspapers have had a great
deal to say about the embarrassments
of William X Vanderbilt"
There is not word of truth in all
those tales, "said my friend. Last
summer the Vanderbilts made their APP
pearance at Newport in society. They
attracted. from their wealth, no less
than from their simplicity, the most
agreeable people there, and, of course.
the old fossil set became envious and
began to start roorbacks. Some OF
the old fools. who consider that they
own Newport, disliked to see the Van
derbilts coming up. In the casino
there was a row which came near
smashing that institution. Petty SCAN
dals and bits of malevolence were
thrown around. which only recoiled on
the heads of their starters. Some Of
the slime has come back to New York
from Newport, and been doled out to
some of the young men who write for
distant newspapers. You must re-
member that William X. Vanderbilt
has very engaging wife who can hold
her own in any circle. There are
plenty of women with limited means
who shrink from seeing lady OF her
gifts and resources enter their circle"
81 have seen the story that William
X. Vanderbilt lost much money and
that his father gave him 100000 q
year as stipend"
Now" said my friend, "when those
old fogies at Newport failed to injure
the Vanderbilts socially they started
the financial yarn and had it sent to
Wall Street, where ii was used by the
bears to break the stock market. Some
people who had been trading with Will
liam X. Vanderbilt on the bull side of
the market sold out and went short Of
stocks, and they spread the rumor that
William X. had huge lot Of stocks on
his hands, and that his broker was very
much embarrassed
.Did Mr.. Vanderbilt's father come
TO his assistance and take up his
stocksp"
mo, he never needed any help.
What the elder Vanderbilt afterwards
remarked was undoubtedly true--that
he was surprised to find how we'll Will
liam X was fixed, and that he was
worth from $6,000,0O0 to $1,000, 900,
which was very good thing for SO
young man.
Glow much did the grandfather
leave this young MANI"
ale left him $4,000, 900 in January.
1877, six years ago. ;"
us he worth So, 900, 900 nowp"
Eyes. Some losses that he has made
have been greatly overestimated, while
his immense profits have been COM
pletely ignored. He made 5000, 900
to my knowledge in three stocks alone,
besides large gains in other matters he
traded in"
'Do you mind saying what these
three stocks werep"
1.-The stocks we're the Rock Island,
the Chicago, Burlington and Quincy
and the Northwestern railroad. Will
liam X. Vanderbilt is bold man and
a daring trader. The Rock Island
doubled its stock, the G. Is. & O. made
large scrip dividend, and had an ad-
vance of $50 share; the Northwestern
railroad more than doubled in value.
Besides these three stocks William X
Vanderbilt made a great deal Of money
in Michigan Central and coal stocks.
He got into the coal stocks through his
uncle, George Osgood, who made more
than 81, 900, 900 in them and Michigan
Central"
"You do not have anything TO say
about his dealing in New York Central
stOckp'
mo, because that was the stock his
grandfather left him; and when his IA
ther, William H. Vanderbilt made the
large sale of that stock at 1870 l sup.
pose that William X thought there
was more money in buying some Of the
lower priced stocks, such as Lake Shore
and Michigan Central, and he was al.
together correct 1t Is true that New
York Central afterwards went up TO al
high as 1855, but the other stocks which
William X. bought advanced ever
more" |"W
"Did William X. sell out at the high
figures in those stocks?"
| Generally speaking. he did HI
had the advantage Of knowing the in
side Of the trunk line railroads. ant
mat they were drifting into railroad
war he and his family friends begal
70 sell their stock then, and by the tim
president Garfield was shot thst famil
was pretty clean of stock. Eyerybod
now remembers what railroad wa
down"
But has he not lost some none
more recentlyy''
Eyes; be did lose soma l.. .o,