The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-09-29
SUCCESSES or JOURNALISM.
Newspaper Men Who Have Won
Great Fortunes.


Towards New York Letter in the chica-
go Times Herald.
/ was gratified and surprised at the
wide-horzoned interest manifested in my
story of Tragedy in journalism" which
brought me numerous letters of injury
and suggestion. one friendly writer, call
ing attention to the marked contrast be-
tween the early-day poverty and the later
day prosperity of sundry conspicuous
newspapermen, asks: How do they
spend their money!" Tastes change, as
do times, seasons, fashions What, for
instance, would have been deemed gro
tesque extravaganza in Greeley's time,
would be but the hither verge of liberal
expenditure nowadays. The senior Ben
nett had saved about $500 when he began
the publication of the Herald, in 1895,
on bright May day in a Wall street
basement. 1t was many years before he
indulged in personal comforts and con-
Nenlences, ana at least the NTH Of CEN
fury before he began TO spend freely out
SIDE of his business. He had great faith
IN the real estate value of a part of the
city known as Washington Heights. There
ne purchased fine estate and put up for
the time very handsome residence,
Wnere he lived in style and entertained
IN state. His wife was much abroad and
cared very little for the out-of-town
home. SO Mr. Bennett, always generous
ana courteous, invested in what was re-
5etANd d HdEnlICenI mansion on flItn
avenue, where, when in this country, Mrs.
bennett and her children lived. The elder
Bennett MAD no eXtravagant habits, and
aside from these and one or two other
real-estate ventures made no significant
Investments
Horace Greeley had $1,000 borrowed
money when he started the Tribune. He
was never a rich man, but before his
craze was comfortably provided with
this worlds goods He was passionatefy
fond of country life, and fancied he
gn far DC
TO be an object lesson to the agricul-
turists of the country He bought a place
up the state, erected a modest dwell
ing ana proceeded to manage his farm,
succeeding TO such an extent that his
pest potatoes cost him not more than
dollar each. He bought all sorts and
KINDS OF patented implements, INDUCED
IN costly drainage and expended some
thing like five times as much IN putting
into the soil as he was able to bank af-
ter the harvest was garnered. Mr.. Gree
ley owned also a modest home in New
York, bur outside of these ventures his
money was not Kept for himself, but
Indiscreetly loaned in sums varying from
500 TO 2O0O9 evidences Of which were
found by a bagful of dishonored notes
and worthless l. o. us among his pa
pers after his death.
Henry j. Raymond, like his predeces-
sors, started q poor country boy, mem
tally trained, professionally ambitious.
de had no money TO speak of when his
friends started the Times. He was on
the high road to great financial pros
perity when he died. having already en-
joyed the financial fruitage Of an intel
hgently titled journalistic vintage En-
vironment largely determined Raymond's
tastes and habits. When he went abroad
he was modestly personified, quietly
dressed tlaboriously intent upon the sue
cess of the great journal of which he
was the chief. Several months in the
society of Hurlbert in London and Paris
clothed him anew, veneering the solid
ity of his sober, discreet, industrious life
with the airs of a man of fashion and
the graces of a butterfly of the day He
owned a very pleasant home in Ninth
street Association with Leonard Jer-
ONE interested him in a scheme which
subsequently blossomed the old Bathgate
farm into jerome Park He bought
horses and stabbed them in the conven-
fences of the Union League Club, at the
corner Of Madison avenue and Twenty
fifth street. He was very fond of driving
but his endeavor to be interested in the
performances, social and otherwise, of
the men he met at jerome's place and
In cluus was a pitiable failure. he was
not that kind of man by nature. He
loved study and work, but under bad
guidance affected pleasure and mild dis
sipation.
The American people know the avenues
along which the younger Bennett lives
and has his being. From his earliest boy