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Updated: May 23, 2025
President Moore was tempted to pay the fifteen hundred dollars, but he decided that this course would only encourage other property owners to be extortionate. Some trouble was experienced with the Vanderbilt properties, part of which happened to be under water. After considerable negotiating and appeals to the public spirit of the owners, it was adjusted.
The great system in the Middle West, now known as the "Big Four," or Cleveland, Cincinnati, Chicago and St. Louis embracing 750 miles of lines westward from Cleveland and Columbus, Ohio, to Indianapolis, Springfield, and Cincinnati, and having traffic connections with St. Louis was also a Vanderbilt property at this time, although not under the formal control of these interests.
We have seen how the Vanderbilts seized hold of tens of millions of dollars of bonds by fraud. Certain of their railroad stocks were exempted from individual taxation, but railroad bonds ranked as taxable personal property. Year after year William H. Vanderbilt had perjured himself in swearing that his personal property did not exceed $500,000. On more than this amount he would not pay.
"Edison!" exclaimed Andrew Carnegie, "but he is a prisoner of the Germans." "Undoubtedly," agreed Mr. Wise Wood, "but it has occurred to me that the Germans may have allowed Mr. Edison to fit up a laboratory for his experiments. They would treat such a man with every consideration." "They would not allow him to communicate with his friends," objected Cornelius Vanderbilt.
"I don't need it," he said simply and pathetically. Now, as I have said, a change in our relations came. It came at the close of one soggy, damp, raining afternoon. For this entire hopeless grey afternoon Count Bragard and B. promenaded The Enormous Room. Bragard wanted the money for the whiskey and the paints. The marmalade and the letter to Vanderbilt were, of course, gratis.
Such is the sort of romancing that has long gone unquestioned, although the genuine facts have been within reach. These facts show that Vanderbilt was continuing during the Civil War the prodigious frauds he had long been carrying on.
Ed was sent for a moment later, and found Mr. Vanderbilt alone, with the letter open in his hand. "Pray sit down, Mr. er " "Jackson." " Ah sit down, Mr. Jackson. By the opening sentences it seems to be a letter from an old friend. Allow me I will run my eye through it. He says he says why, who is it?" He turned the sheet and found the signature.
"But I talk to Mister Vanderbilt ev'ry day on the tel'phone." The stranger seemed neither doubtful nor amazed. Johnnie liked him better and better. Taking a fresh hold of the other's horny hand, he chattered on: "I talked to Mister Astor yesterday. He asked me t' go ridin' with him, but I had t' take a trip t' Niagarry."
Then Davis informed Walker that the force Walker had sent to recapture the Greytown route had been defeated by the janizaries of Vanderbilt; that the steamers from San Francisco, on which Walker now counted to bring him re-enforcements, had also been taken off the line, and finally that it was his "unalterable and deliberate intention" to seize the Granada.
"After I had earned my first thousand dollars by the hardest kind of work," said Commodore Vanderbilt, "I felt richer and happier than when I had my first million. I was out of debt, every dollar was honestly mine, and I saw my way to success." Gibons, the historian, says: "Every person has two educations one which he receives from others, and one, the most important, which he gives to himself."
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