Money-making men; or, how to grow richRitchie, J. Ewing (James Ewing)
General
Money-making men; or, how to grow rich
Ritchie, J. Ewing (James Ewing)
Rich people -- Biography
the various and multitudinous candidates for governor and Congress, not
only in a single State, but in many; and, finally, in all the States;
together with the taxation of, and vote of this and that, and the other
Congressional districts (why democrat and what not), at all manner of
elections. These things he rapidly and easily mastered, and treasured in
his capacious memory, till, we venture to say, he has few, if any, equals
at this time, in this particular department, in this or any other
country.” After Greeley had served his apprenticeship, he came to New
York, with ten dollars in his pocket, a bundle on his back, and a stick.
It was hard work for him to find a job; but, at length, he was taken into
a newspaper-office. After a time he joined in a speculation which was to
give New York a penny paper; and, in conjunction with his partner, Mr.
Story, went on printing after the paper in question had ceased to exist.
He then started the _New Yorker_, having, in the meanwhile, abandoned the
use of stimulants, and become a vegetarian. After more or less editorial
work, more or less profitable, Greeley started the _New York Tribune_,
which, from the first, was a success.
Another of New York’s leading men was Daniel Drew. His father died when
he was fifteen years of age, and he came to New York to seek his fortune.
Resolved to do something, and having nothing better to do, he became a
soldier as a substitute for another. Then he took to stock-keeping, and
droves of over 2,000 cattle crossed the Alleghanies under his direction.
In 1834, he began the steam-boat enterprise. In 1836, he appeared in
Wall Street. For eleven years his firm was very celebrated. Mr. Drew
was a rapid, bold, and successful operator. His connection with the Erie
Railroad, guaranteeing the paper of that company to the amount of a
million and a-half of dollars, showed the magnitude of his transactions.
In 1857, as treasurer of the company, his own paper, endorsed by
Vanderbilt to the amount of a million and a-half of dollars saved the
Erie from bankruptcy. During that year, amidst universal ruin, Mr.
Drew’s losses were immense; but he never flinched, met his paper
promptly, and said that, during all that crisis, he had not lost one
hour’s sleep. In conjunction with Vanderbilt, he relieved the Harlem
Road from its floating debt, and replaced it in a prosperous condition.
Public-domain text, read in full here on John Shaqi.
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