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Updated: May 23, 2025
Why, then, should we continue to waste the public money?" Senator Toombs went on: You give nine hundred thousand dollars a year to carry the mails to California; and Vanderbilt compels the contractors to give him $56,000 a month to keep quiet. This is the effect of your subventions. Law et al.
George Vanderbilt, sent her abroad. For two years she studied in Paris, and then went to Berlin, where she became a pupil of Joachim. In Berlin she made her début in 1896, with the Philharmonic Orchestra, which was conducted by Joachim on that occasion.
He was a fresh cheeked youngster with a quick interest in things. He could n't make up his mind whether Donaldson was really an Indian prince or whether as a result of drinking he merely felt like one. As time passed and he saw that the man was neither an oriental nor drunk, his imagination then wavered between accepting him as an English duke or a member of the Vanderbilt family.
If, by that time, you will plow, harrow, and plant with corn the eight acre lot, I will advance you the money." The field was rough and stony, but the work was done in time, and well done. From this small beginning Cornelius Vanderbilt laid the foundation of a colossal fortune.
"All I want," said the long-bearded man, "is enough to be comfortable. I would n't have Vanderbilt's wealth if he'd give it to me." "Nor I," said the landlord. I heard tell of a young man who went to Vanderbilt to get employment. Vanderbilt finally offered to give the young man, if he would work for him, just what he got himself.
The Vanderbilt estate compromised by paying the city a mere part of the sum owed. It succeeded in keeping the greatest part of its possessions immune from taxation, in doing which it but did what the whole of the large propertied class was doing, as was disclosed in further detailed testimony before the New York Senate Committee on Cities in 1890.
The donation was accompanied by two interesting incidents. In one case the husband said, 'William, I've made a quick calculation here, and I find these bonds don't amount to quite $500,000. They're $150 short, at the price quoted today. The donor smiled, and sat down and made out his check for the sum to balance. The Vanderbilt dynasty had begun.
By a series of manipulations ending in 1880, Vanderbilt secured a controlling interest in this railroad, so that he had a complete line from New York to Chicago, and thence far into the Northwest. During these years he also secured control of other railroad lines.
Cornelius Vanderbilt, for many years, had a very poor opinion of his son's financial ability, and giving him a small farm on Staten Island, left him to shift for himself. Everyone has read of the incident which changed this opinion. William needed some fertilizer for his farm, and asked his father to give him a load of manure from his stables.
He whispered to a professor: "Is that a dormitory, there behind us? Can I get into it and get away?" The professor beckoned to one of the collegians, and replied, "I think, Mr. Ericson, if you will step down they will pass you into Vanderbilt Courtyard by the gate back of us and you will be able to escape."
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