St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-09-09

cured the esteem of leather merchant
in 1.-THE Swamp" whose daughter he
married. GOul's father-in-law owned
shares in railroad in bad financial con-
dition, but Gould, after investigation,
took them at their market value, bought
more and finally attained control of the
property, which he sold at handsome
profit, Buying and selling railroads
has been the business in which
Jay Gould has made his enormous
fortune and so he has not the reputa-
ton of being truly good man, as
might have been the case had he de-.
voted himself to promoting the cOuntry's
prosperity by combining his operations.
to gambling in stocks. His history is,
the romance of railroad purchase and
consolidation, but it would be impossiI
BILE to make his many schemes and de-
Henry Clews has not succeeded in doing
it in volume.
While Henry Clews has written what
is in many respects very trashy book4
even coarse and vulgar bO0k-it has
points of interest and value. The colos-
sal fortune of old Commodore VandeTf
bilt has descended to his grandsons, and
of these there is an account that Is at
least Ineligible. Cornelius, the eld-
est son of the late William H. VAN
derbilt, is man in the fOrties, OF good
education and excellent business train
ing. The same remarks will apply To
William K, the second son of William
Fl. Vanderbilt Wherein the two
brothers differ is in the fact that
Cornelius is an active worker in the vari-
GUS charitable and religious movements
of the time, while William Z. Is more
inclined to be leader in society. Fred
erick w. Vanderbilt, the third son of
the late millionaire, is a graduate of
the Sheffield scientific school, and
George W., the youngest, is noted for
derbllts," Mr.. Clews says, shave at in
tervals specialized in Wall treet, but con-
servatively, with the exception of Will
lam K, who in the past has made num-
erOus and spasmodic turns, chiefly on
the advice of older operators, which
have not always redounded to his in
tereSt. As rule these young men are
shrewd and cautious financierS, and L
think it is safe to say that none of them
will run the risk of losing his handsome
fortune in speculation"
80
Mr.. Clews also gives some account of
George Gould, but as his book is with
out an index and an odd tumble in
method and arrangement, it was impoS
sible to find it at the moment 1t vas
needed. Many other operators, living
and dead, active and defunct, are no
ticed in the work. & chapter is devoted
to Willard and his speculations. Ferdi-
nand Ward, Henry n. Smith and James
Z. keene each get chapter. Chapters
are also accorded to Samuel j. Tilden,
William r. Travers and Charles F.
WoeriShoffer. Another chapter de-
Scribes the Western millionaires
in New York-C. p. Hunting
ton, Leland Stanford, d. o.
Mills and Mackay. Flood and Fair,
while among the Southern financial
leaders mentioned are Alfred Sully,
Calvin S. Brice, Gen. Samuel Thomas,
Gen. Thomas NJ. Logan and the Gar
retts. Among the men of wealth of the
Wall street of to-day Mr.. Clews men,
tons and characterizes Cyrus w. Field,
Russell Sage, Addison Cammack, the
Jeromes, Chauncey M. Depew, Austin
Corbin, A. j. Drexel, L. p, Morton, s.
V. White and E. G. Stedman. cal
though a poet" he says of the last
named, she understands Wall street
business thoroughly and is considered a
keen judge of financial opportunities"
~
With his experience and knowledge
Mr.. Clews might have written an eXcep-
tionally good book. Not being trained
to the art of book-making, he has writ
ten one that will scarcely escape the
of being called ''catch-
penny"