The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1904-03-30
SULLY KING A YEAR.
Rapid Rise of Bull Leader Who Ruled the
Pit.
New York Sun.

Daniel j. Sully diced with the law
of supply and demand and lost. The
story Of his rise and fall is the old
story Of the success and failure Of
every man who has tried to control
absolutely one Of the staples Of the
world. The Curtis Jadwins Of fiction
are the Hutchinsons, Letters, Phil
lipes and Sully of fact. But never
has o would dbe corner maker fash
ed with the brilliancy and gone out
with the suddenness of Daniel J. Sui
]y.
It is hardly more than year since
Sully came out Of the East. It is
hardly more than twenty years since
he was an inconspicuous clerk, with
supposedly inconspicuous future, in
the city of Providence, r. /.
Had the speculative structure which
he reared in so short time fallen
ten days ago he might have celebrated
his birthday amid it's ruins. He was
born in Providence on March 9, 1861.
He was prepared for Yale at the Nor
wich Free Academy, but went into
business instead of going to college.
The first job he got was olerkship
for coal company. His salary was
something like S25 week and his
employers said he was worth all he
got.
While he was selling coal, however,
he was planning for the future. The
first of these plans was perfected SOON
after, in 1885, he married Miss Emma
Frances Thompson, daughter of
Col. David II. Thompson, general
manager of the mills Of D. B. & R.
knight, the largest cotton spinners
in the world. His father-in-law got
him job in the general Office Of the
firm.
Sully then knew as much about cot
ton and its manufacture into cloth as
he knew about the geography of Mars.
But the real nature of the man as
serted itself. He saw there was op-
portunity for him through his con-
nection with tho great house of
knight. He determined to make the
most Of it and lost no time in getting
to work. He had been with the firm
only short time when he sought an
interview with one of the partners.
To him Sully said:
II can be of real use to you, if you
will permit me to learn the business
from the ground up. AS near as I
can make out, there isn't cotton
spinner in New England who knows
any more than he ought to know about
the production of the product on
which his business depends. Send
me down into the cotton country, let
me study the conditions of prcduc-
tion, and I'll make money for you and
myself"
The young man was talking to "
veteran in the business, but the
younger had the faculty of Impress
ing the older then, as he has Impress
ed other men since. He had then,
as he has now, the power of bring
ing other men to his way of think
ing. To the South he was sent, and
for two years he studied cotton pro-
duction.
When he returned to New England
there was nothing about growing cot
ton that he didn't know, but he no
longer had great interest in its man
ufaoture. Instead of returning to
the mills he gave his employers ell
the information he had obtained.
Then, feeling that he had paid the
debt he owed, he went to Boston, got
q clerkship in the firm Of cotton
broker, and began to learn to play
the game Of the speculator in cot
ton.
At the end OF four years he return
ed to Providence, entered the en-
ploy Of the brokerage house of +. W..
Reynolds 6 Co., and after a few
months was admitted to q partner
ship in the firm. One day shortly
after he had become member ee The
firm, somebody asked him why he
hadn't stuck to the mills. The smile
which has made Sully friends where
syer he has gone mantled his fase
and his blue eyes twinkled as he re-.
piled:
"Oneday you'll all see why I left
the mills. The money in cotton is
at this end Of the line. I know the
situation, about which others are
only guessing, and I'll get the mon
ey."
An tha on1din.a 30 eo.t,,.,- q, :, - I, :.