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Updated: May 23, 2025
Should Vanderbilt grant you the legal right to use his name to the full extent of your desire in presentation of checks, etc.; with his pledge to redeem all paper bearing his signature in your hand, his whole fortune would be pledged to meet the demands of your drafts upon him. Bankrupt financially, as you are spiritually, you present your check for a large amount and it would be rejected.
By the most favorable account that of Croffut his own allotment of the plunder amounted to $26,000,000. This sum, immense, and in fact of almost inconceivable power in that day, was enough of itself, independent of Vanderbilt's other wealth, to force through almost any plan involving a seizing of competing property. Vanderbilt did not wait long.
"They didn't get it all the way in your pocket and it tumbled out when you were standing here. Lucky we noticed it or we wouldn't have known what happened. Come on back. We'll find those freshmen." And, without another look at Andy, they wheeled and hurried across the campus toward Vanderbilt Hall. "Huh! That's queer!" mused Andy, as he continued on his way toward Wright.
Why, Solomon or Vanderbilt would be so small in the puddle that he would splash mud on them with his superior tread in the sweet "very soon." Both of those men had good, steady, paying jobs at the time of the discovery, but the next day they threw down their tools work was too cheap for them.
The pamphlet showed that there were at that time perhaps twenty-five men in New York City who were ranked as millionaires. The most prominent of these were Peter Cooper with an accredited fortune of $1,000,000; the Goelets, $2,000,000; the Lorillards, $1,000,000; Moses Taylor, $1,000,000; A. T. Stewart, $2,000,000; Cornelius Vanderbilt, $1,500,000, and William B. Crosby, $1,500,000.
Consequently, Vanderbilt's brokers were busily buying in this load of stock in million-dollar bunches; other persons were likewise purchasing. As fast as the checks came in, Drew and his partners converted them into cash. It was not until the day's activity was over that Vanderbilt, amazed and furious, realized that he had been gouged out of $7,000,000.
The vast marble mass of the Plaza Hotel loomed enormous against the sky; the New Netherlands, the Savoy, the Metropolitan Club, the great Vanderbilt mansion, were darkened. Only a few ice-dimmed lamps clustered around the Plaza fountain, where the bronze goddess, with her basket of ice, made a graceful and shadowy figure under the stars. The young man was feeling very ill now.
By 1872 the city's population had grown to 950,000. Vanderbilt concluded that the time was fruitful to gather in a few more miles of the public streets. The Legislature was acquiescent. "But see," said the Legislature in effect, "how mindful of the public interests we have been. We have imposed a tax of five per cent, on all gross receipts above Seventy-ninth street."
Carved on each side of the niche above the keystone is a "true-lover's-knot." On the west side of the Avenue, running from Fifty-first to Fifty-second, are the Vanderbilt twin residences, the wonder of the town of a quarter of a century ago. They were built, in 1882, by the late William H. Vanderbilt, the southerly for his own use, and the northerly one for his daughter, Mrs. William D. Sloane.
One of the Vanderbilt buds married Harry Payne Whitney, whose father, William C. Whitney, left a large fortune, partly drawn from the Standard Oil Company, and in part from an industrious career of corruption and theft.
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