Asheville daily citizen. [volume] (Asheville, N.C.) 1890-1900, 1894-04-18
DEATH Of HENRY S. IVES
THE NAPOLEON OF FINANCE
DIES LAST EVENING
faihcus sew Yorker Breaihes
HIS Last at the "BungaIOw"
Near AsheviIIe Taken to New
York Today.

Henry 5. Ives, the young NAPOLEON o
tmarcc,' died at the Bungalow las
evening about $ O'Clock OF phthisic.
MIR. Ives came to Ash,vilc nearly tw,
months ago. lie had been for some tim,
IN Tampa, Fla, ard Tate Springs, Tenn.
hoping to improve his physical condi
tlon Failing in this he came to Ashc
VILE, accompanied by Mrs. Ives. They
stopped at akenl|worth Inn until Mr.
Ives leased Mr.. Beatty's splendid coun
try seat, the Bungalow, few miles Yves.
OF Ashcvillc, with the intention of re-
naming year il the patient S health i'm
proved. There they lived, together with
Mr. Ives sister, Mrs, Striker of Brook
| yn, N. y, who joined them here.
pr. ) Westray Battle was called in as
ME- Ives physician, and every attention
possible was given the sick man. AT
lirst 1t was thought lie was somewhat
improved, but for the past week or two
ne has been growing worse, and since
Sunday his death had been expected
hourly
Last night Undcrtakers !. Y. Brown
u Son were notified and preparations
were made to have the body ready for
removal on today's train for the North
a beautiful casket was taken to the
bungalow this morning and the body
placed therein and taken to the depot.
There 1t was placed in Mr.. Ives private
car, which has been here since he came
to AshevllIe. At 2:3O this afternoon.
attached to No. T., the car and remains
lett tor New York, accompanied bv Mrs.
Ives and Mrs. Striker. The interment
VII! be at Brooklyn on Sunday.
Henry ) Ives had been in some re-
spects, Ill the financial world at least,
one OF he most remarkable men OF his
time lie was only 80 when he died. He
was New Yorker by birth, and was
originally employed in the great publish.
lng house OF lIap per & Brothers. When
ne lett their employ he went to Wal
street, where, among the men who lose
ana make millions in day. he soon at
tr"cted attention by shrcwdncss and dar
ing to take holdoi any scheme, no matter
how stupendous. His first deal of i'm
portance was IN securing control OF the
Mineral Range railroad, Is miles long
IN the Upper Peninsula OF Michigan, buy
ing it up and ''watering' the stock, then
selling 1t on the New York market so as
to proht to great extent. Ives then
secured control of several roads, among
them the c., H. 4 d. and t eders. His
last great scheme before his downfall
was his attempt to control the b. * o.,
contemplating great through line, to-
gethcr with the c., II. & b., between
New York and Chicago
The deal was probably too large for
hIm and there were some irregularities
on account OF which suit was com
mcntcd against him. The result was
Ives was lodged in Ludlow street lail.
New York, where he served his sentence
tor two or three years. and was then
pardoned because of his bad health.
Many believed III his innocence, and that
he was only giving the Wall street
sharks desc Of their own medicine"
ana 1t was too strong for them.
YES was remarkably bright man.
Ills m,tcoric career was marked with
Wohoeliul sc't assurance and faculty
Tor getting at anything he wanted and
'of plrryinG every thrust made at him.
" late years he had not been in specula
ton on account OF his health.
Mrs. Ives received large number ofl
IelegranS OF coincidence today.