Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
To the State of Maryland, for negotiating the
loan of $8,000,000................................. $60,000
To the Peabody Institute, Baltimore, Md., including
accrued interest................................... 1,500,000
To the Southern Education Fund........................ 3,000,000
To Yale College....................................... 150,000
To Harvard College.................................... 150,000
To Peabody Academy, Massachusetts..................... 140,000
To Phillips Academy, Massachusetts.................... 25,000
To Peabody Institute, etc., at Peabody, Mass.......... 250,000
To Kenyon College, Ohio............................... 25,000
To Memorial Church, in Georgetown, Mass............... 100,000
To Homes for the Poor in London....................... 3,000,000
To Libraries in Georgetown, Massachusetts,
and Thetford, Vermont.............................. 10,000
To Kane's Arctic Expedition........................... 10,000
To different Sanitary Fairs........................... 10,000
To unpaid moneys advanced to uphold the
credit of States................................... 40,000
Total................................................. $8,470,000
The life of such a man affords lessons full of hope and encouragement to
others. In 1856, when on a visit to Danvers, now named Peabody, in honor
of him, its most distinguished son and greatest benefactor, he said:
"Though Providence has granted me an unvaried and unusual success in the
pursuit of fortune in other lands, I am still in heart the humble boy
who left yonder unpretending dwelling. There is not a youth within the
sound of my voice whose early opportunities and advantages are not very
much greater than were my own, and I have since achieved nothing that is
impossible to the most humble boy among you."
[Illustration: CORNELIUS VANDERBILT.]
II.
CAPITALISTS.
CHAPTER IX.
CORNELIUS VANDERBILT.
Staten Island lies in the beautiful bay of New York, seven miles distant
from the great city. Its lofty heights shut in the snug anchorage of the
inner bay, and protect it from the rude storms which howl along the
coast. It lies full in sight of the city, and is one of the most
beautiful and attractive of its suburbs. The commanding heights and
embowered shores are covered with villas and cottages, and afford a
pleasant and convenient summer resort for the people of New York. It now
contains a large and flourishing population, and maintains a speedy and
constant communication with the metropolis by means of steam
ferry-boats, the total travel on which sometimes reaches as many as ten
or twelve thousand passengers per day.
Seventy-six years ago, Staten Island was a mere country settlement, and
its communications with the city were maintained by means of a few
sail-boats, which made one trip each way per day.
Public-domain text, read in full here on John Shaqi.
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