Munsey's Magazine, Vol. VI, No. 1, October 1891Various
History
Munsey's Magazine, Vol. VI, No. 1, October 1891
Various
American periodicals
Cornelius Vanderbilt was forty years old when the sudden death of his
father, on the 8th of December, 1885, raised him to the head of New
York’s greatest moneyed family. That headship is not merely an empty
phrase, it may be remarked, for the wealth of the Vanderbilts, though
not held in common as that of the Rothschilds is said to be, is yet
kept together by strong bonds of family alliance, and is practically
controlled as a unit by the elder brothers. Entering the world of
business in his teens, as a clerk in the Shoe and Leather Bank, Cornelius
was always, like his father, a hard worker. He left the bank to fulfill
the duties of a subordinate position in the office of the New York
Central, and worked his way up the ladder until, at his father’s death,
he was ready to take the vacant place at the head of the management of
his great railroad interests. To the duties that this position entails
his attention has been unremitting. Not only does he deal with large
questions of general policy, but he gives personal attention to details
that many would consider trifling—for the reason that no one else can
attend to them equally well.
There are few more public spirited men than Cornelius Vanderbilt. His
charities, as well as his wife’s, are numerous and unostentatious. He
takes an especially deep interest in all movements for the benefit of
boys and young men. Of the New York Young Men’s Christian Association he
is an active supporter, and its branches for railroad men are largely
his own creation. He gives to these worthy institutions something more
valuable than money contributions—he gives them a share of his time and
his personal effort, and is a frequent attendant and speaker at their
meetings. He also gave to the Metropolitan Museum of Art one of its
finest and most valuable paintings—Rosa Bonheur’s famous “Horse Fair.”
Mr. Vanderbilt is a churchwarden of St. Bartholomew’s, the handsome
Episcopal house of worship on Madison Avenue. He succeeded to the
office at the death of his father, who had held it for many years, and
whose name is now graven on a bronze memorial tablet on the wall of
the edifice. He is active in the work of the church, and a liberal and
cheerful giver to the missions connected with it.
In his home life, too, Mr. Vanderbilt is most happily situated. He is a
model husband and father, and is very fortunate in his family relations.
He was married eighteen years ago to Miss Alice Gwinn of Cincinnati,
and has four children. The eldest, who is named William H., after his
grandfather, is a Yale student, and a very promising boy.
Public-domain text, read in full here on John Shaqi.
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