The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-02-05

that even the veriest tyro may some
miracle break New York's Wall
street calls out appealingly to the
financiers of other cities, South, North,
West and East. Temptingly year in
and year out, it bangles the bait of a
vet larger game and suggests mil
lions of profits in the place of beggarly
hundreds of thousands. 1t calls to the
vanity of the man who has become rich
in his own town, and has vanqushed
all competitors there Here" Wall
street cries. lis Haute Finance a
battle of wits worthy of the strong
You have run your course where you
are. Like the pugilist of the second
rank, who has conquered time and
again, there are now only the cham
pions for you to contend against.
And the Loreiei cry of Wall street
tempts. the picture of ''Haute Finance"
gains its end To the narrow highway
of the metropolis where the biggest
financial game in all America is played,
the capitalists of the other great cities
come trembling. The lure has too many
destinations for them to resist. With
the memories of victories over scores
of keen-Witted men in their own towns
they come with undaunted confidence
With a cool and clean million each
sometimes much more, never much less
Tin the cases of men of this class) they
match swords with the princes of capt.
tai, the shrewdest riggers of the money
market. the men who play for millions,
nonchalantly, each day.
The outcome? 1t is varied The tide
of fate sometimes swings one way,
sometimes the other The whirl of the
maelstrom of Haute Finance is invaria-
bly, stronger than these men have sup
&c 70
however. Even the clearest- headed be-
come New York financiers for better
or worse, and pluckily play the great
game unendingly. AS a matter of rec
ord the most of them have done sur
passingly WELL and not a few of Wall
streets greatest lights to-day are men
that nave made their pile" elsewhere
and have come here because no worthy
antagonist was left them at home
The west, on the whole has contri-
buted the greatest number of these
money kings, who have emigrated to
New York within the past few years.
A long list could hardly give them
all. The names of q few, nevertheless.
cling to the memory-Collis P. Hunt
ington. the Rockefelers, Keene, Darius
Q. Mills. Calvin S. Brice, Col. Oliver H.
Payne and James B. Haggin. And if
those who, While not directly in finance,
yet have entered great enterprises be
considered, there are William r. Hearst
of the New York Journal and Frank
Cooper of Chicago, the latter of a great
dry goods establishment that has step
ped into an already full field and fights
on even terms with its largest Compel,
ltors. There is none the less John
Wanamaker Cunning from the west for
an instanD, who found Philadelphia too
small; Roswell P. Flower and Erastus
Wiman of Canada, for whom the bub-
a ut
point of success To-day, as it happens.
Roswell Flower, the tinancier of a little
country town of New York state, is all
but dominating Wall street.
s. The story of each and every one of
these is gilded romance. Fifth ave-
nue., the gorgeous, the new, the site of
fresh series of palatial residences, has
the material evidences of these ro-
mances in the shape of the dwellings
of the men who have played this fas-
cinating game of Haute Finance and
have won at it. No better instance is
there of a man of this sort than Coils,
P. Huntington. A millionaire of the
Pacific coast he entered New York
some years ago, unostentatiouSly. but
with resolution to become a magnate
of the metropolis. On Fifth avenue, at
the corner of Fifty-seventh street,
stands huge pile of grey stone. bar
onlal like, imposing, grim, one of the
& c1ty's most distinctive mansions 1t is
forever without the gayety, the bright
ness of light that associates itself with
home on Fifth avenue. Here is sim
ply massive monument of power
And at this point one is brought face
to face with the real reason for the
coming to New York of these men. It
is not social ambition, though this has
: often been asserted. Look at the lives
of the men, and you will see Hardly
them ub
shine in the social world, scarcely q
man of them attempts it. What has
brought them to Wall street, to one en-
terprise or another on the banks of the
Hudson, is simply the game that is
nowhere else to be found.
Coils P. Huntington was magnate
in California before he ever landed in
New York. Here he has simply added
to his wealth. The whte-bearded man,
with skull cap on his head-indoors
he is never without this-that sits
quietly in his Office day following day,
never specialized in the ordinary sense,
Outside of his own private enterprises
the Southern Pacific railroad being the
3 chief of these and his special pet
Wall street hardly knows him.
He said to Ward McAllister founder
of the Four Hundred, one day: "Mr
McAllister, | have made it the rule of
my life never to go outside of nv own
enterprises lor investment They offer
me all the opportunities for speculation
need l do not believe in scattering
my resources. If l do not have faith in
my own companies, how can | expect
others to take stock in them"
Here, perhaps, has lain the secret Of
C. P. Huntington's success. AT all
events, he has prospered nightly Ex-
perts figure his present wealth at s25.-
900. From the east he reaches out
and holds certain sections of the west
in the hollow of his hand.
His house is gorgeous within, pos
sessing what is called the finest private
stairway in America. 1t is built of
Mexican onyx. The Southern Pacific,
though the most important, is but one
: of his TOYS The Central PaC.itic