The Palatka daily news. (Palatka, Fla.) 1884-1888, 1886-04-30

HE Young ansierbllts-l mean Cornelius
AMI William H., the present heads Of the
fanlily-havc gone at it Us if they meant 10
doubE the fortunes their father left them
right speedily. Indeed, don't se how they
can help il Cornelius Vanderbilt is 70 now,
AMI he Is worth, suppose, at hast S~lost,-
01, perhaps more This. at comruuipi inter-
ct, SHOULD double every twelve y,aTs phieh
would make il no less than S6tl ga. s1 when
Mr.. Cornelius Is ii IL would in>r,as, a good
deal faster than that at the interest which be
is today receiving ON his stok and bonds,
but there will come panics, reyer>es, cata-
clySnl>, perhaps, ami he can not safely count
on making more than sAo. O0,1J in thirty.
six years.
The>e young men are exceptional ,harae-
tess, They started in the path Of lita an,ler
the iron roi Of their remarkable grandfather,
the old coinnlSiore. He didn't lelieye in
boys at all; he didn't believe in anybody
much. snd when Cornelius and William X.
got out Of short clothes be sailtoth their father:
Look here, Billy. boys are no gooi, there's
only one way TO save EN-. and that is by put.
ting en- at something. AMI making EN- work
like the devil all the while Now, stick these
boys in somewhere, AMI make EN- come down
10 it. Don't let up ON EN-.
William III. was not half rs hard and in
flexible Us his father, but he was accustomed
to mind that gentleman-as obedient when
be was W as when he was lt-and he knew
perfectly that il was better To kick boy out
Of doors than 70 pet him and give him money;
81 he told the boys As his father had told him,
that they must support themselves"
RESISTANCE To TEMPTATION.
Cornelius got u little clerkship in the She's
and Leather bank when he was NJ, and for
four years he got there as early rs any clerk,
AMI worked as late and as hard lie allowed
himself no extra holidays, AMI neither his
father nor his grandfather did anything to
make his life easier. During these years his
uncle Torrance, going 10 Europe for the com.
modorc, invited Tho youngster' tn 20 with
him, and the grandfather rclented and con.
srntei. The boy was delighted at the chance,
but the question of salary was involved. He
presented the matter 10 the president You
can go said that amiablc functionary. but
OF course you will losc your salary, $780,
That settled it. Corneliu, turned his back ON
temptation and declined 10 go
When he was 81 he was mnde clerk AT
the bottom Of the bidder" in the Hudson River
railroad Office, and his younger brother Win.
lam n. was put at work there tie next
year. For more than eighteen years, now,
they have bowed down to IT, in that great
concern, and they are far better trained than
their father ever was in all the details Of the
business
They are not fast men. They own no
yacht. They care nothing for clubs. They
are content with one wife apiece They love
their children, and each family, filing into
church, looks like pair Of gently slopirg
stairs. They care little for fast horses. They
do not swear. One of them is superintendent
Of Sunday school. and both are deeply in.
volved in the various charities of the city.
Cornelius is first vice president and head Of
finance, and William X. is second vice prcsi
dent and master Of transportation. Each
knows his business thoroughly. The most
striking thing about either Of them is that
they work as hard as il they were hired by
the job-which they are, by the way--and
that they are perfectly democratic aud ac.
cessible to anybody who has business with
them. On the whole, the present seniors Of
the house of Vanderbilt are about the most
quiet, unassumng, well behaved, well
trained, and level headed Of the Ncw York
millionaires Of the present day. Cor Cincin.
matt Commercial Gazette.