The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1895-04-19

the ~bondholderS We're victorious; that
too, when Jay Could was virtually il
possession. Willard began to be known
for his achievements, and his modes
$4,000 had grown to a purse of pie
thorlc proportions.
During his ~sojourn in Oregon he haC
become impressed with the importance
Of the Columbia river route, and con,
ceived the project to develop a RAILROAD
system for our Northwest region. Hi
had the good will of those who con.
trolled the Oregon and California roaC
and represented Ito Pullman and others
what could be done. He could secure
reasonable cash capital from German
investors, and started back to Oregan
about 1878, to commence the new enter
prise. On his way to tine Columbia
river he stopped over in Kansas t.
look after his interests there. Dur.
ing his stay in Kansas he had learned
that the Kansas Pacific road was built
through am excellent region where the
soil was good, and that the land gran.
was of sufficient volume to build the
road. Therefore, the common sock o.
that corporation should be valuable,
On this ground he commenced purchas-
ing this stock at five cents on toe
dollar, gradually increasing until he
maid no hiotb nc con - shave Af gl0n
When he left New York me considered
himself worth $500, 900, and, no douOt,
felt very happy over it. But there were
mutations in the stock market during
the month or more me was waiting in
Kansas and the road. Fortunately for
him, the market was on the rise ali
that time. His futile $500, 900, In a brief
time, had grown to be $1,000, 900. He
was a capitalist for certain, and able
to lead off in the great enterprise he
her had on hand.
A little anecdote will show the bold
policy Willard pursued in his operations
at that time. William HeIren, now de-
ceased, one of the best citizens of Sa'
lem at that thine, though but a plain
farmer, asked me one day what l
knew about Willard. and was he a man
of means and ability? He said Willard
was ON the steamer with him coming
from Sam Francisco, and told him he
was intending to build the railroad up
the Columbia, first buying out the o.
S. N. Co. that owned and monopolied
the Columbia river trade at that time.
To any Oregonian it appeared supreme
ly boastful for any man to talk OF
buying out THAT great monopoly. My
friend Herren seemed to fear the gem
tleman was a boaster, or might be a
tribe insane. He conceded later that
Willard had accomplished even more
than he promised.
The story of Wizards careers, his
successes and failures, and his later
successes, and his drawing off with his
shekels raked out of the hell that is
all the time raging in Wall street, is
familiar Ito the world. Just at this
time the most wonderful fact of all is
the prescience THAT enabled him to
close his American career Just in
time to let the rest of them hold the
empty bag"
Schulze was put in charge of the
land department. of the Oregon and
California company lin this section,
and as Willard grew in Importance he
was made to advance to the man
agement of the Northern Pacific lands,
but his life was one of vicissitudes.
With others of Wizards friends, he
invested heavily in Transcontinental,
1 remember his coming to me early
one morning in 1883, looking relieved Of
mind, and saying that he felt better;
that morning he figured on T%ransconti-
Mental to discover THAT If he could
realize tat quotations, he would be
even with THE world. Neither plus nor
minus. He said he had just tod Viii
lard that at morning quotations ne
could wash his hands Of the world,
have nothing and W nothing, and
Willard had asked:
How many shares have you got,
Paul?" and then drew his check for
them.
"Thank God, l don't owe anybody
ANYTHING" haid Schulze.
1t was currently understood at the
time that Willard relieved every friend
of stock bought on his recommends
ton, using half a million of his wife's
fortune to do 1T, as well as all of his
OWN.
Schulze practiced the German phil
osophy lshe JOregonian lately called
c~owardice. He believed in nothing but
himself, and when himself had met
failure, he reasoned with Hamlet:
For who would be the whips and
scorn Of time?
The oppressor's wrong, the proud
mans contumely,
The pangs Of despis'd love, the laws
delay,
The insolence Of Office and the spurns.
That patient merit Of the unworthy
takes
When he himself might his qusetus
make
With a bare bOdkfn?"
He made no reckoning Of
The dread Of something after
deash-the undiscovered country from
whose bourn no traveller returns"
The true science Of evolution is that
death is but the perfection OF our