The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1906-08-10
HETTY GREEN
Takes Russell sage's Place as Money
Lender to Wall Street.

country who can dip her hands in her
money bags and say to Wall street:
How much do you want and how
much will you pay?"
That person is Hetty Green, the
richest woman in America, with the
possible exception of Mrs. Russell
Sage herself. Even with Russell Sage
living, she has repeatedly gone to Wall
street with her money when the fnan-
cial wolves were ravening, and cent
per cent was in the clouds, and exact
ed her merciless tribute.
|, She is the one of all others who will
replace the veteran Sage in the Wall
street world of finance. She was his
equal in ready wealth. She was his
equal in shrewdness. She was his
peer in cool, immovable calculation,
and in her capability of dealing with
heartless and soulless corporations in
a corresponding manner.
Wall street knows this, and will well
come this seventy-year-old woman with
her $60.000,000 as its official money
lender in place of the gray old man
who, dying left not a dollar of his
vast wealth to alleviate the worlds
misery and who carried not a dollar
of it past the guardian of the pearly
gates.
THE King is dead; long live the
Queen" Long live the money lender
of Wall street! AT last we know
where to turn to get money now that
Uncle Russell is dead!"' said one of
the Wall street manipulators yester-
day. "Hetty Green can be no harder
in driving bargain than Uncle Rus
sell was. They are both of a feather"
And verify this is true. At times
during her life Hetty Green has
averred that the only sensible man in
the world was Russell Sage. Her life
has been counterpart of his. She
wears cheap skirts, where he wore
cheap trousers; she wears cheap
cloaks, where he wore cheap coats;
she lunches on doughnut, where he
lunched on red apple. All this,
mind you, with an income of $4,000 a
day Truly the money bug makes
strange havoc with its victims.
But Wall street is glad that Aunt
Hetty is going to lend them helping
hand. They care not where the money
comes from so they get it in goodly
quantities. Where they pay Aunt
Hetty so per cent for her millions they
squeeze the public out of 100 per cent
by means of the power Of her money.
And withal Mrs Green is a remark
able woman, as well as one of the very
wealthiest in the world. She has re-
duced economy to a fine art.
She enacts Walpurgis tricks of
witch-like transformation, and gen.
orally has two or three lawsuits on
hand, in which she has been accused
by some one who claims to have
been worsted in a bargain. Chicago,
Boston, Brooklyn and many other
cities have felt her strong hand
She has an ingenious attitude to-
ward taxes and is seldom cornered.
She has at different times, it is said,
gone under the names of Lewis,
Dewey and Nash to hide her identity.
The great Chemical Bank, which
she practically owns, pays $50 per
cent year, and its stock is quoted at
4300 In its Golfers are many millions
of ready money-as much, perhaps, as
Sage ever handled at one time-which
at a moments notice and upon any
occasion she can throw into Wall
street for good or evil
But Hetty Green is not a gambler !
in the speculative sense Of the Wall
street term She deals in sure things.
Buys mines which are on a paying
basis, cotton mills, real estate and
She even buys diamonds
when they are cheap, and waits pa
tiently for the price to go up.
The new money-lender who will re-
place Russell Sage in the eyes of Wall
street is strong-featured woman with
white hair and keen, penetrating eyes.
She is the daughter of New Bedford !
whaler, whose father at his death left !!
her fortune of several million dollars
10 begin life on. i
Shortly after her father died one of I
he aunts also passed away, leaving
her several more millions. Thus Hetty
Green had a substantial fortune to !.
begin her career on, which her proto- I
,ype, Russell Sage, never possessed.
She was not obliged to save the first
thousand, and thus acquire habits of
thrift and penuriousness. Her in
stincts were Unborn and with the y
10. DOC. 900 at her command she Dro-