The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1909-09-10

fll9t1red aim At q VI y u WA y III <tts
q Hhrewd nervous Young man. gtiicf<
Ion MS feet With every g cllsrig IN e
market quick on q ia Sill 70 recognize
reverse his own oplni ion ~ he found
Etl1fmself ON itae wrong III de- For theE
liz. I'll. Hartman did mot have enough
l;ni0ney to turn ttie tide or the market
re 1T opposed n aim. as he did later
Then he had to be tson the right Side. y;
land win that way III he HFasn.t on
the fright silf,.n he soon! got there. III
When he left the floor of the Sex-
change each day 1t WASH 10 go to
play TO relax from tine nerve racking
events OF a strenuous day, as the sotn-
er traders .tli ii. 3 1t was back to his OF.
flee. where he immersed himself I'm
a great mass OF figures and stayed
there unit stne midnigh hour.
d. n II: Hartman was studying rail
roads; studying them as no man hal
studte them before. Morgan knew
the financial ralnih cations of every
railroad in the land. Y" Jim, III KNEW
more about operating railroads than
almost any other living man. Edward
Hartman knew more about the Imam,
alEeni than Morgan, and knew mors
about the, operating end than HIM..
Therein lay his SUCCESS. II No detail
was too minor for the. young banker TO
master; for by his time he had open
ed his own brokerage and banking
riman e Co. which today Is regard
ed as one of tine leading financial In;
stitutions in America. (. 81 e a
Then Hartman, having convinced.
himself ne knew - everything about
mol ftel 1T,
learn, began to work out the dreams
|bf all. those years; tine mastery OF the
railroad world. He did not want to-
wreck. railroads, like Jay Gould. Tor
the money he could make: he didn't.
want to he a great railroad builder,
himself. like .""Jim" Hill. Other! PEG;
pie could build roads, Hartman want.
he'd to get them after they were built
and run them. not wreck them. !
Tt did mot take min long to rehlize
That noney-greati sums nf.g1noney-
would, be needed for, the ,fulfillment ;of
his set purpose. He couldn't buy ran.
roads on promises. $ So Hartman set
albo1lt establishing a GcrelFt." He Dor
rowed. and when his notes were due.
ne met them. Then he could borrow
larger yrms, for his credit was good I
He Interested silent partners, men.
with large sums iof cash at their dis!
posa1, VINO wanted merely to Hive on
their income, and were willing to have
some one else look after tneir invest
ments; millionaires who were realyitn
turn over to some banking house the
OF their funds. provided they
got in return a liked income. For
years he worked to establish his
Credit. . until the time. came when
t3rYnr Il In rrtv MAJ viyo Hfta ~
borrower" OF Wall street, with ullizrl-
tied, millions. at his command. He
used otner. speople's mn1ey to make
money flor them ANIL more for himself
{. And all the time n e 81 dreamed ofl steel
'Eailst and wooden ties and buzzfns
wires and flying trains-of railroads.
n Stuyvesnnt Fish was Interested In
the Illinois Central railroad. of 1000
miles, making a living" but little
more. Hartman need ed Fish. and he
cultivated him. He became friendly
with Fish. but not his friend Fish. lin
turn. admired the, young banker, !, and
made hifn "a director In the Illinois
Central. It Was at Harrlman's surg
gestion: Hartman was completing his
railroad education. He mad tileorize4l
with figures: now he was putting hls
theories Into practical application.
,lneT were succesStul. -. 49, |
s4In 1887, Fish made. himself presi.
dent of the Illinois Central and pro-
NOTED tHa rriman to be his vice presi.
dent. Fish realized what there was
In mis- young vice president, for lin:
those days a. man of 40 was not sup:
posed to have attained to such high
position. He wasn't supposed to nave
fully matrlrel. ;5o4.5. III
x Working with Fish. .butlas the ,priue
mover. Hartman did not cease until
he saw the Illinois Central one of the |
most powerful rutlroatls OF its day
with 5000 miles OF trackaEe and in u
conditions financially.
'n'Tn 1889. while still IAN unknown ~
Hartman aconsWn1natedl one OF his |
most daring railroad deals. The Gail
cago and Alton. with l1.1OD miles OF
n
Summers i::tS: ~ Il. ,.as., y. y !. &
Misses Carrie and Hattie Boyd have
4 ~. W.