Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-01-02
VANDERBILT RICHES.
MADE JP OF A VAST AGGREGA-
TON OF STOCKS AND PONDS.

TON OF STOCKS AND PONDS.
How the Elderw II. vandorbHt's wealth
Was Divided Between Ills sons--ro
What Extent The Latter Have Increased
Their Inheritance Family.
william H. Vanderbilt was by long odds
the wealthiest man in the world The low
est estimate put upon his fortuDe was
$l60, 100000 Chaunceg NJ. Depew said it
aggregated 500 100000, and that figure was
probably not far wrong To each OF his
eight children was boqueathGd $4,000 0OO;
$5,000000 was set aside to preside an in
come for Mrs. Vanderbilt, and tho remain.
der was directed to be divided between the
two eldest sons, Cornelius and William K
Vanderbilt.
In round numbers they received $50, 800.
600 each, which, with tho requests Of So
100000, increased their shares to SOS. 5OO
00C Cornelius Vanderbilt at the time was
estimated TO possess &5,O0O,000 The pres
ent estimates Of their fortunes take into
consideration the natural Accommodations
and allow for the expenditures, for it is
known that the Vanderbilts use great
deal of money
W. II. VANDERBILT.
The accumulation OF money by Commo-
dore Vanderbilt was more notable than
that by Mr.. Gould or perhaps by any other
man who made himself multi-million-
aire through his own efforts 1t was more
difficult to make money in the days Of
Commodore Vanderbilt than it is now, yet
the commodore in his lifetime amassed q
fortune of fully $50 200, 600 This amount
was more than doubled by William II,
Vanderbilt principally through the extern
sion of his railway interests
Next to the Aston fortune there is no
fortune so securely invested as that of the
VandeEbilks. sit consists almost entirely
of government bonds and the securities of
the Vanderbilt railroads, which form one
of the most prosperous systems in the
country. The Vanderbilt stocks suffer less
in the mutations Of the stock market than
almost any other class of securities, and
the Vanderbilt fortunes accordingly sus-
tain small changes in periods of financial
stress.
At one time William II. Vanderbilt was
an operator in the stock market on a great
scale Both he and his two eldest sons,
Cornelius and WiIlianr'K lost heavily in
the tumultuous financial times Of 1884 and
St'ei ""'''iuOiiou 'V0"I'tV'UH IiUoHeOnel'
n"i'"o "iiu " MAJ" ~ ' ''il'vI "tC "Io
sou " law l"uo'5 ieI'oSeI 'loI. HoiuinsS
" oooo,s9 ~ q ,''io oNoonI' Hot'
~" o'',, ~ 9Peoui"'l'i'' DuU iol III c9I-
Nv o9y' ''liu VI '''I''"9 "niol
Sn1y "Nio''nu ~, 'oiS i''70' ""' 'iloS
Uio l"V'o' o'oIJ ~" anu
Vnen oy puy ny a1oCHS anu polluS' Ior Cno
p+lo my u,'o 'ot ''I'i'' "a
t Iioii o"" io '' "'O,iouE" ,"IJ nave
'o'i III " 49, il',',iJ Sor1,,l'l'lC "oil"S
1r INV " 90 'l9 i"'oliyo VI
ms BrinulaDne'i O.o colnH'UuoIe, whose
n's'llo nv os''9 10 - an business
mar ol uo'' SJ. l'SiNo ways nGu Hoo az
eonO i'plh -''" w Nv - W W. ioCiuu
we 10y ''o '''1 ~ - 'ilG "stllu oou
or"l sT"O'oII' "oUi l'''il nus piico opens
lhUo 'i'o oilC' VI Sr''""i'SoJ Nl, DoPo"' UnU
PtesiuonV " 1i'o ne" Oh ogu'I"L ana
I1uuTon wv I'li,o''''' ''S "JSen"S on
MI Depo" lor co'HS ~ ''S ms I"Uner uiu
DeloTe MN, ana laNeS minnie pressure III
MI DGPo" G'e,er sayings anu luhhy SUo-
res ne "nu MI 'epe" luhch Voseuhef
regularly
MI N%nuerolV ~ llOeIesUeu PerH"pS
mort III ohulou "o'N Un"ii III illlauclal ~
talrs lie erecLei very handsome bulId-
ing Tor the railroad branch OF the ioung
Mems Christian ASSOCIATION ana often takes
part IN It's meetings, lie IS never heard as
speaker except aJ theSe meetings lie
attends the fashionable 81 bartholomew
church III Madison avenue ana may eseen
any Sunday afternoon vending his way
home from service with prayer book and
hymnal IN his hand, lie has never dis
played any political aspirations, lis name
was once suggested Tor mayor, but the
proposition met with prompt disapproyaL
Aware that he has more money than he
can spend even by the most lavish outlay,
William k Vanderbilt leads perhaps the
most elegant life OF any American lie
pays little attention to business for the
good reason that there IS little necessity
for it, AS his property is made up OF the
securities of the railroads which his broth
or Cornelius oversees with Jealous care, 1t
is in no danger of impairment lie and
his wife are devoted to the pleasures Of SO
ciety His steam yacht, the AIva, named
after his wife, rs the finest private craft
aaoat, and he spends much of his time on
it. He has the reputation at the Union
club, of which he is member OF being one
OF the most expert WhlSt prayers IL new
York.