Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-12-29
the fact remains. The same may be said
of De Baven, Biggs, Vsndever and Nor

elected to succeed them, for they may
achieve gres er usefulness, and the rule
will apply with equal force for their reten,
ton. But they are all new members, ana
q new member here stands about as much
show for utility, in the ordinary run OF
things. with the Demo crats in the msjoriiy,
as Home Ruler in The House OF Com
mons. 1t is true that McKenna remains. !
His seat NAV be occupied some day, bat it |
can never be easily filed. Besides. there 10 !
a limit to human endurance in the line of /
Congressional labor. From the way he |
looks | think he has about reached that |
limit.
He is popular on the Democratic side; is !
a good ready debater; an honest man, and |
dislikes all kinds OF newspaper notoriety. !
predict brilliant record for him in the !
next Congress, but he can't do it all. His !
colleagues will all assist, but what does all |
their assistance amount to with that sham |
reform and do nothing majority staring |
them in the face.
We must make up our minds hereafter |
to stare this subject squarely in the face,
and stop changing cars on the California
delegation in Congress, regardless of party.
TALE OF FINANCE.
Several lists of surplus "breadwinners"
ave been circulating through the columns
of the metropolitan press of the country
for some time.
A very authentic and carefully prepared
compilation appeared in one of the LEGAL
papers some days ago which has aroused
interminable gossip and speculation in so.
ciety circles here.
Accuracy of amount and rapidity of &C.
cumula,ion seems to engross the society
mind, rather than the methods involved.
The national capital during the winter
season is the great American Mecca for the
wealth and aristocracy of the United States,
and, ss perfectly natural sequence, it is
the leading gossip foundry of the western
hemisphere.
1t NAV be as we'll to add, by way of paren-
thesis, that the foundry just mentioned
commenced work coiDcident with the ma
tional government. 1t has been running
on full time ever since and strike" for
shorter hours is thing entirely unknown
among them.
Among the millionaires who stand close
up to the head of the class is the name of
G. P. Huntington. of New York. He used
to keep hardware store on the south side
of K, between Second ard Third streets, in
Sacramento. There were no numbers on
the houses when / first knew it. conse-
quently the locality is recalled by way of
identsty lest some of my old Sacramento
friends have allowed him to slip from their
memory. In that compilation ne Is rated
with those horny handed sons OF toll VINO
are encountered Win the embarrassing ana
e4ceeolngiy lrksGme managemeht OF over
Iorty mliilons; employ inc term Tx
some auViseuiy, tnfCusn iopg experience
in handling wealth of varying magnitude.
1t is well known in New York and
Europe how he doubled his private fortune.
Many old habitues of Wall street venture
the opinion that there isn't likely to be any
considerable indeiicacy OF haste exhibited
IN mat vlcinage towards forgetting II,
eitner.
Inc oehlgnted racine coaster, however,
Is not Sehsrsily posted ABOUT the inside
OF lnat analr consequently lis recital may
not prove undressing.
EARLY "REMINISCENCES.
It will be remembered that while the
other officers of the Central Pacific were in.
work and to making both ends meet at tbe
end of the month. Mr.. Huntington went to
New York to establish financial base of
supplies. During all the wears he remained
in the East he labored faithfully and under
MANY disadvantage. before the stability of
their enterprise was secured. This end
finally attained, with that far. seeing
sagscitv which has characterized his wh,Je
commercial life. he saw in the reconstrnc-
tion of the Sontb an avenue for safe and
prudent railroad huildino
Associatinp himself with Others seeking
Investment thew frat bonoht into q cbaotic
side-track LEADING ont nj richmond Vir.
einia. and extending Ia some undetermined
point in the interior This was further er.
tended. through an almost nndiscov.red
country. as far as Kentucky and Ohio nm
the west. thence connection was made tn
Memphis. and finalIy to New Orleans In
the east II wac extended IN the Chesaneake
Bay at Newport News With connection
at New Orleans nv the Southern Pacific
COMPANY. he was nrscticaIlv the brains of
railroad system CONNECTING tide water on
the Atlantic with tide water on tho Pacific
-encircIino the continent
During the construction of the first road
referred to, through old and West Virginia,
the cost per mile through the mountain
passes OF the Blue Ridge and Allegbanies
exceeded by far the seemingly fabulous
prices expended by the old Central Pacific
company II crossing the Slerras-Dut they
kept on.
The prosperity OF the South obtained
tardy recognition. Scarcely ray OF sun
shine penetrated the line of the projected
chesapeake and ONO Railway, and the
| projectors met from time to time the FAM
ine-producipg demand for more money.
Many fell BY the wayslde, but many also,
having confidence in Huntington and the
feasibility of the scheme, staid by him
until a little affair occurred on Wall street,
| New York, which will soon be referred to.
| Day dawned at last the South COM
menced TO boom; the wisdom of the pro-
| iect manifested itself and the great railroad
Bedouins of Wall street waited it. True
to the instincts of their namezakes of the
Great Desert, they went for it-and it is
/! just to add in the interests Of historical ac-
| curacy. Vanderbilt Morgan and the gang
got it-they got it all-and they got it good.
| That great aggregation of wealth and alli-
| ance was too much for one man. Even
the most turbulent citizens of Bitter Creek