The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1889-07-11

he did. He was O Trojan Wing,
alderman for ten years, was In Con-
gress from 1853 TO 1857, but, seeing
that futures" In the political line
were more easily knocked out by
deals than In the regular channels
Of trade, he refused q denomination.
Mr.. Sage frequently says 81 was
always lucky.n His luck consists
mainly In his wonderful faculty for
sizing mp the situation. He IL won
derfully quick In mental action, and
yet always conservative and
guarded. He and Mr.. Gould make
= pair that will knock out any kind
Of . hand played by anyone else
against them.
AUSTIN coRBIN's RISE.
Austin Corbin has forged rapidly
ahead into the rank Of milIiOnalres.
He II the most tremendous worker
from Maine TO California. He
swings the presidency Of the Phila-
delphia d Reading, the Ohio, Indiana
q Western, the Chicago d Ohio
River, the ElmiTa, COrtlandt 4
Northern, the Long Island and the
Marine railroad companies, Of the
Corbin Banking company, and con-
trolls the Long Island Improvement
company, the West Jamaca Land
company and the Shinnecook Inn
and Cottage company. His hand In
the development Of Long Island il
known Ia every one.
It turned 1.-TWO streaks Of rust and
q right Of way" into q dividend pay
ing railroad within less than two
years, built the Manhattan Beach,
Oriental, Long Beach, Point Look
out and Argyle hotels, and all this
IL simply development Of the line
Of activity ia which he laid the
foundation Of his fortune.
When there IL 30 much talk about
certain phases Of western farm
mortgages investments nowadays
Il Is Interesting to know that Mr..
COTbin got his start In life from
loans upon mortgages In the West.
But IL was on actual land and first
Glass, unincumbered security which
was always there.
He was born on q farm in New
Hampshire, and had the early train
ing of that life, and he takes pride
today In swinging the sythe on his
Long Island possessions. His father
was well to do, and, armed with an
education at Dartmouth, young Cor
bin went to Iowa aud started a
banking business, lOaning money
on farm mortgages covering the land
but not the buildings. He made n
neat fortune Ia the business, but
finding the field too limited for his
intense energies and eager mind he
came to this city In 1871, opening an
Office at ~ broadway. Two years
later he built the Manhattan Beach
hotel, and set forth for the conquest
OF Long Island, transforming II from
n farming country into q succession
Of country houses and cottage settle
ments.
VICE PRESIDENT MORTON.
The early career OF Levi Parsons
Morton, when lac Was laying the
broad aud endurable foundations of
his fortune, displays the same quiet
earnestness, thOughtfulness, watch
fulness and shrewdness that have
characterized his after life. He was
born In ShOreman, y. Y. His
father was poor clergyman and
had large family, and yet when
young Morton had secured a posi-
ton In n mercantile business which
brought him In the munificent sum
Of s. q week he frugally saved a good
share Of this TO aid his father. IL IL
said that the boy earned his first
money ringing the church bell In
his native village. He was very
young when he became a clerk i'm q
country store and subsequently got
an interest In the business. He at
that time displayed q shrewd bust
ness turn, 50 the story goes, which
him on the lookout for
There was q toll gate leading to
the village, and the young merchant
made the announcement that his
firm would pay the toll OF all who
traded At his store. This was the
key Of the situation, aud turned the
" hole tide Of trade TO the Morton
store. At ~ the young mans repu-
tatiOns for keen business ability was
so well established that he was
taken In ~ q partner by the firm of
Beebe, Morton 4 60. of Boston, then |
4 very well-knOwn mercantile finn
at the Hub.
After four years Mr.. Morton came
10 this city aud established the firm
n Morton Il Grinnell. In 1853 the
house Of Morton, Bliss Il |
To-, was founded, the natural out
growth Of the shrewd ability and |
business tact Of the young man, who |
IN reality laid the foundations of |
his fortune in a country store.
JOHN JACOB AsTOR.
fII,a Authorization. ~ HV..t.t,..l..,
Territory in the list of Centennial
states, with Astoria on the left
iAk of the Columbia River, figuT-
ing la the names Of possible cities,
eads naturally Ia the recollection Of
low John Jacob Astor established
he fortune which now lies devel-
ped into acres aud acres Of houses
Iud lands In this city. The little
ur trading station will, ere many
ears, probably be erecting mOnu-
rents To the memory Of its founder.
John AStor was shrewd and long
aud he saw that Manhattan
sland land was Just alive" with
futures" 80 he went into "puts"
nd "straddles" aud calls ali over
Few York city, aud its envirOns,
nd his descendants have found that
he level-headed old trader had the
puts" ali the family way, and the
calls" all In his own fist, while his
worked both ways and
u WAYS to sweep la houses aud lots
nd land which need merely lie still
nd swell To beyond the $40, 90. OOO
INIT.
CORNELIUs VANDERBILT.
The vast Vanderbilt estate dates
ack only To old Cornell" Wander
ilt aud his steamboats,. But he
Nv futures" there and then dip
ed into railroads and reaped q
,rtune In the linking together Of
ne patches OF railroads across the
ate into the central. And all that
me he would speak disparagingly
thriftless farmer son on Staten !
sland as THAT fool Bill"
But the young fellow, who was
ppt down there on short rations
mill he was ~, developed the sturdy /
overs which enabled William II. :
andeThilt To handle stocks and /
Jnds aud railroads with the ease
it'll which he held the ribbons Z
hind Maud s, leaving behind
Inn q cool f30,0Jl,OO0 for division
nOng his heirs.
BEGAN on 81 A DAY. IL
The question IL often asked, "How ]
a. 10 possible for Millionaire Green &
acquire his enormous wealth,
hen he began life as q slaughterer v
an abattOir, on q salary Of % q
ySr q