Business; Capitalists and financiers -- United States; Speculation; Wall Street (New York, N.Y.)
Without departing from the main issue of my subject, however, I may say
that the position which Mr. Tilden was enabled to assume as counsellor
to our committee made it possible for him to rise from the, not to say
dignified, although money-making, attitude of railroad wrecker to that
of Governor of the Empire State of the Union, thus paving the way for
him to become almost a successful candidate for the highest position in
the gift of the Great Republic.
Such a sudden transition from comparative obscurity was enough to turn
any ordinary head.
Seeing the unexpected course that both our local and national history
have taken, it is impossible to say what might have been the course of
this man’s destiny, and the fate of this new Daniel come to judgment in
canal ring masters, had it not been that his friend Havemeyer discovered
him at an opportune moment, and rescued him from manifest oblivion in
the nick of time.
It must be said, on behalf of Mr. Tilden, however, that he improved the
occasion with the discernment of genius, and in the fullest degree, and
to the highest extent, thoroughly justified Havemeyer’s choice.
The soundness of that proverbial philosophy which holds that lightning
never strikes twice in the same place seems to have been fully
appreciated by Mr. Havemeyer, although this was a little ahead of the
time that John Tyndall and other scientists of the modern school of
discovery had demonstrated some of the recent wonders of electricity.
Tilden struck while the iron was hot, and though he failed to reach the
highest pinnacle of his soaring ambition, he demonstrated the wonderful
possibilities which lie in the path of obscure men who are blest with
friends who look out for their welfare, and who have the precaution to
turn the wheel of fortune in the right direction.
Whether it was the result of fate, genius, or wise direction, or a
combination of all these attributes, I don’t pretend to decide, but I
have noted the simple facts from my own observation and experience,
associated with the rise and financial progress of the Hon. Samuel J.
Tilden, leaving others deeper in scientific and philosophic matters to
supply the details and hidden mysteries of the causes of his marvellous
prosperity.
The Committee of Seventy, when entering upon its labors, passed a
resolution authorizing the appointment of a subcommittee by the chair to
select and retain three lawyers to represent it in the matters of
litigation that might arise in connection with the investigation. Mr.
Havemeyer, being a member of the sub-committee, through his influence
Samuel J. Tilden was one of the three appointed.
To give the reader an idea of the power and prestige of the Committee of
Seventy at that time it is only necessary to state that it was
instrumental in making Mr. Abraham Lawrence one of the Judges of the
Supreme Court, and Mr. W. H. Peckham, the third counsel, could have
obtained almost any judgeship he had desired, with perfect facility.
Public-domain text, read in full here on John Shaqi.
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