Business; Capitalists and financiers -- United States; Speculation; Wall Street (New York, N.Y.)
But his pupils proved that they had profited only too well by his
instructions. Just as he would have acted under similar circumstances,
they were perfectly relentless. They seemed to be a double incarnation
of Shylock personified, or two Dromios bereft of conscience and human
sympathy. Drew had no Daniel but himself, to come to judgment. There was
no fair Portia to plead his cause, and if there had been such an angelic
creature in the case, though she might have “broke up” Fisk, it is
almost certain that Gould would have successfully resisted her charms.
When Drew saw they were implacable he bade them good night, and with the
courage of despair returned to the charge in Wall Street the next
morning, with the results which have been briefly related. He lost
nearly two millions in that fatal struggle.
------------------------------------------------------------------------
CHAPTER XVII.
INTERESTING EPISODES IN DREW’S LIFE.
INCIDENTS IN THE EARLY LIFE OF DREW, AND HOW HE BEGAN TO MAKE MONEY.—HE
BORROWS MONEY FROM HENRY ASTOR, BUYS CATTLE IN OHIO AND DRIVES THEM
OVER THE ALLEGHANY MOUNTAINS UNDER GREAT HARDSHIP AND SUFFERING.—HIS
GREAT CAREER AS A STEAMBOAT MAN, AND HIS OPPOSITION TO
VANDERBILT.—HIS MARRIAGE AND FAMILY.—HE BUILDS AND ENDOWS RELIGIOUS
AND EDUCATIONAL INSTITUTIONS.—RETURNS TO HIS OLD HOME AFTER HIS
SPECULATIVE FALL, BUT CAN FIND NO REST SO FAR AWAY FROM WALL
STREET.—HIS HOPES, THROUGH WM. H. VANDERBILT, OF ANOTHER START IN
LIFE.—HIS BANKRUPTCY, LIABILITIES AND WARDROBE.—HIS SUDDEN BUT
PEACEFUL END.—CHARACTERISTIC STORIES OF HIS ECCENTRICITIES.
I had intended at first to give only a sketch of the salient points in
the speculative career of Drew, but, on reflection, I find that the
lives of great men all remind us that people want to know a great deal
of minutiæ concerning men who have made their mark in this world. Our
enterprising newspapers are encouraging this laudable curiosity more and
more every day. So in the case of Drew, I must try to furnish answers to
questions that may be asked about him in order that popular expectation
may not be disappointed. I shall endeavor to anticipate what the reader
may naturally want to know when he comes to the end of Drew’s great
speculative ventures. One of these questions will probably be, what kind
of a boy was Daniel Drew, and how did he begin to make money?
Public-domain text, read in full here on John Shaqi.
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