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Updated: May 23, 2025
At the gait he is going, the Rockefeller, Vanderbilt, and Gould fortunes combined will look tiny in comparison with the one he will have in a few years. It is beyond my power of figuring out, and it gives me a headache every time I try to see through it."
Vanderbilt and many of his contemporaries were men of business sagacity and foresight, but their ethical outlook was restricted and their sense of public responsibility not well developed. So considerable a list of grievances naturally bestirred the people to seek relief at the hands of their legislators. Two lines of action were followed.
Then, of course, they wanted to know all about the trip; and he said "Come right up on the boiler deck and order the drinks it's my treat. I'm going to tell you all about it. And to-night it's my treat again and we'll have oysters and a time!" When the drinks were brought and cigars lighted, Ed said: "Well, when, I delivered the letter to Mr. Vanderbilt " "Great Scott!"
Combined as they are, the power of the great moneyed corporations of this country is a standing menace to the liberties of the people. Their huge thefts having been legalized, Drew, Gould and Fisk returned to Jersey City. But their path was not yet clear. Vanderbilt had various civil suits in New York against them; moreover they were adjudged in contempt of court. Parleying now began.
This was followed by loud laughs, especially from those who were blessed with children, and they filed up to get their wages. Jim Stallings, who had four in the mill, was counted out eleven dollars. As he pocketed it he looked at Jud and said: "Oh, no, Jud; it don't pay to raise chillun. I wish I had the chance old Sollerman had. I'd soon make old Vanderbilt look like shin plaster."
Lafayette College, Easton, points with pride to Pardee Hall, the gift of a man who began the life- battle without money or friends. Vanderbilt University, Stanford University, and scores of great schools go to prove that the great business men who endowed them, were not indifferent to culture and the needs of higher education.
Various misrepresentations had been made to the Admiral as to my proceedings since I left, &c., by the United States Consul, which I explained away. Spent an agreeable half-hour with the Admiral and his lady. There being no coal here the Vanderbilt having taken it all I made arrangements for it to be sent to me from Cape Town. Saturday, September 19.
To make their corner certain, the Vanderbilt pool had bought 27,000 more shares than the entire existing stock of the road. "We busted the whole Legislature," was Vanderbilt's jubilant comment, "and scores of the honorable members had to go home without paying their board bills."
The other guest of the house was a sedate, long-bearded traveler for some Philadelphia house, and in the evening he and the landlord fell into a conversation upon what Socrates calls the disadvantage of the pursuit of wealth to the exclusion of all noble objects, and they let their fancy play about Vanderbilt, who was agreed to be the richest man in the world, or that ever lived.
About June 12th I embarked in the steamer Cornelius Vanderbilt for West Point; registered in the office of Lieutenant C. F. Smith, Adjutant of the Military Academy, as a new cadet of the class of 1836, and at once became installed as the "plebe" of my fellow-townsman, William Irvin, then entering his Third Class.
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