| Show WJ i 1 MARRIAGE AND BILLIONS 1 X S Sh cal g I ha h 8 j I 3 i 2 I Possibility of ol n a Now F Bolno Don j 5 n I td jj As Aa Open tho the Door to as 09 to the tho t 8 Sj j 5 Future Futuro Senator of 5 orm 1 t TIt rea UI i Railroad Career gJ u U rues K Ie Vanderbilt before the board of directors ot of the Now ew York 1 P Central Railroad company Sal s men I would like to be appointed a 11 aHda committee ot of one on with power to buy buyna Hda Jn na nL the Lake Jake Shore Bhore and tim Michigan A motion to this thLe effect waa put one day and the board unanimously voted NO Mr Vanderbilt full tull authority to make mako mu tho bo purchase Then to their surprise I z ho laid before them bla bl brokers slips rf rt shoeing that ho he had already bought the road roud and he ho turned tho the properties over Dver he tie J I to tho company But this yes waa not all oil The Tho director rA saw gaw that he ho might make a II fortune Illi through the inevitable advance In 11 stock tock He Ho declined to take lake advantage of ot the opportunity for tor personal gain gaIno and gave gOYe tho the company the tho entire bene bena benent benet o nt lit t Of or the transaction less tho the Interest on the money used In buying the stock lie He would accept nothing for his bli hiller ser services vices This extraordinary episode ode occurred I soon after Mr Vanderbilt came Into t control of the Central at st the death of oft t his brother Cornelius The rhe securing of oC tho the properties added two Important i railways and thousands of ot mIles of oC new territory to the VanderbIlt system With the tho announcement of ot William K IC coming marriage his life lICit and fortune new Interest for tor the 71 I public pUblio everywhere fJ t I The Tho possibilities of or more heirs heir for tor or his hI 3 i millions foreshadowing great reM changes change 1 In J the tho final disposition of ot an col coi estate give unique Importance to this marriage says the tho New York Herald T T The Tho social and lId society are ure of ot little account compared with the vast VlUt financial Interests Involved in the tak I rJ Ii f LI f Ing lug of ot a 1 new wife vIte and till prospective of iw rearing reirIn of ot a new family to Inherit a aIr large Ir c slice of tho Vanderbilt kingdom i No man la 18 I more moro Inaccessible to blou than William K IC 1 Vanderbilt ip J 3 R Ho lie Is a 11 stronG stron man and all 1 one OM of at his hili ia 1 strongest characteristics characteristic aside a from Crom his fondness for tor horses and yachts Is hIs hla Ibl I Intense Intene aversion to Still there thero 1 01 are men who know him well A Euro European fan yachting Ya friend gives gle the Herald J this sketch of the head of ot the Vander Vandor Vanderbilt Ie bUt bilt family a ala aj MR tR EARLY EARTY LIFE Ini gi Mr Vanderbilt Is now C 6 years of n ire age He Ire finished his lila education In the th Igl schools chool of ot Geneva Switzerland which on ont gave gue him his knowledge of ot the French Frenchi 1 i language that makes his life lite and asso s a J i so 80 agreeable In Paris oe a 4 er a On his coming homo home from Geneva Gene Genett ni at tt his father Cather put him Into the transport Y tion tl n department of ot the New York Cen Con He was then about 20 years old tl t JJ 7 and remained for Cor live or six years un no unI noer I ef er r Mr Rutter flutter who was wa afterward JIT dg Il president of or the road and always one of ot god cock the ablest and brightest railroad men In tho Urn country countr Under his Instruction Ila 1 Mr Vanderbilt became a n complete nina hiM mascor hiMeon eon cor ler of the passenger and freight traffic burn un Then his father gave him general man manI I 1 It I of ot the Lake Shore and MIch Michul ul III 1 Igan Isan Central railroads In these thue post lions he learned every detail of at railroad pie ilo iii 0 construction and the management of ot ofa n a men and became one of oC the best equip on ped officials In railroad management Later William K and his hla brother at BI Cornelius Vanderbilt retired from tram all official responsibility and Ind details of i 4 I management but remained In tho the dl di yes r On tho the death ot of t Cornelius jet rei William IC I Vanderbilt became th the head c n 9 HOI IIII cHOI no o of or the family and a 11 r og power In the th VanderbIlt system of ot railways All 11 their and sd other were s selected l by Mr Yen n and proved prof l to be men of ot nr great ut ability These Th e gentlemen to the lf M tails tall of ot the operation ii t f roads election of ot employee u lion ilon etc All Mi of policies anti and matters matter Involving large were referred to Mr Vanderbilt H lie He associated with himself In various directories Mr J 1 Morgan Morran William D I O 0 Mills Sam lam Samuel lei uel lid D Babcock Mr Twombly Chaun Chauncey coy cey M Id Depew F W Vanderbilt and en others ethers STUDIED D ROADS In addition It may be said that Mr Ir William K Ie knowledge knowledg f the New York Central and end KB Its allied lines Dries anti and his hili familiarity with rail real management and tho the conditions condition of ri rl rival val vol nl systems are al DO iso compete that ht hI IK is I able abie to decide at once questions which may bo submitted submIt by the tho presidents and managers of at the various arlous lines of ot the system In Met fact without apparently giving time or ar attention to office orne work or be br brInt belag lag Int on all tho the spot he Is I so II thoroughly Informed formed n that It If the presidents or man loan I desire his advice when It Is I nee flee nry his hili equipment and knowledge enable him to give tho the desired informs Information tion at once Mr Vanderbilt can do this because became besides his Intimate to of ot rail mil railroad rOAd u ff a Irs he has hns much mu h of at the of at th lbs old commodore his hili un no unerring erring judgment ment and also the commo commodores dotes dores faculty of oC Instantaneous decision Like Uke the old commodore also Mr Ir Vanderbilt Is II a Keen sportsman very fond of ot horses and yachting Ills I rench French stables I have been very success successful ful ul Hn its H In is domestic and loyal to lila hla I friends He hates hat publicity Is very and anti retiring and dislikes dl roth noth so much as public discussion of his WILLIAM KS IC SYSTEM OF ALLI AILI ALLIANCES ANCES Mr genius In railroading was made on his taking charge of ot o the tho properties after the death of at his brother He at nl once started upon a n se so ties of oC consolIdations consolidation absorptions re cc retrenchments reo and changes that were the of at the financial and railroad world He lie jav aw the tho possibilities of at great saving paving by forming closer Joser relations between the different roads classed under the title of or the tho VAnderbilt system but which me were operated operA led Independently He was chairman of ot the o of dU dl rectors of ot the Lake Shore road rand and knew that thai property thoroughly Ho lie started out to brink bring It Into the New NewYork NewYork NewYork York Central To fo do this he found It would be bo necessary ary to absorb the lIch Mich Michigan igan Central He Ito mapped out his hla plan plait pI and the tue schema was adopted Not stopping brought the tho West WestShore WestShore WestShore Shore which had been leased to tho the New York Central directly Into the Central C and consolidated the offices i Under the new arrangements opera operations tlona proved successful The stock be began benn gao gan nn to 10 go tip lip and It was predicted that within a I short phort time the would have a n line lino from ocean to ocean and that the tho realization of It would be bethe bethe bethe the handiwork of ot William K IC Vander but Events proved how hol accurately the tho Vanderbilt prophets predicted Of Ot Mr personality and characteristics this description Is en He Is clean shaven with hair slightly curling firm strong features expressive expensive eyes eyu quick and magnetic ac cc action action tion and restless energy These char PromIse a much tot for those tho e In Interested In lila his original actions anti and transactions of oC magnitude He Seems to have Inherited much of at the tM knack of at tiis father and grandfather for tor quick quirk comprehension and firm decisive plan of oC action netlon Unlike Cornelius William K IC has hila no especial love for tor minute details al although although although though he linn line been noted for tor his per perfect feet mastery of at details In every ever de do department of at that vast and complex net network network network work of at railroad tall rand properties pro known aa as the Vand system HE Jw JI LIKES IlIO 1310 THINGS He lie delights to deal In big things Wh When n he was Will but a I man mon ot of pleasure ho put an amount of ot energy enert Into his en enjoyment enJoyment enjoyment that disclosed latent Intent tits ties for Cor Or great greal work lie He built the beau beautiful French chateau looking house at nt t t street and Fifth avenue which Is one Cine of or the tue show chow places of ot New Now NewYork NewYork York ork lIe He built the tho marble house In palace In a n way and acid one nt ot the finest establishments In the coun country count try icy t r He bought a country place pla e at Lung Long Island Illand and erected an enormous I I roomy rambling house upon It When It cue Mas Us destroyed by fire lire while he ho In III Europe he returned and set let a II large force t of ot men at nt work putting up a 4 more moro Imposing structure He built a yacht and nam named d it In hon hen honor or of ot his hili wife Later lAler he lie built the Vail Vali Valiant ant described de as all one of or the finest pleas plea pleasure I UfO uro crafts cratts In the world He made long Ions voyages and explored many man parts of ot the tho globe Ho He made a II tour through Hassle In a private train at a 4 time when no one outside ou of ot royalty was supposed to do such extraordinary things In that vast and astonishing em empire m pire 9 1 It U Is said that Mr Vanderbilt did not go on the turf to raise horses on an nn ex ax extensive extensive or expensive scale but he al always ways vaya took great Interest In racing He lie bought a large number of brood mares marts and shipped them to France for Cor breed bred breeding br d dIng ing log purposes He ne waa was also 1110 a 1 large owner of ot stock In the Coney Island blond Jockey club clubA A MAN OF GREAT aREAT HOSPITALITY Of Mr domestic life lite much has liSa been written and It Is II not necessary to tD go Into that portion of ot his personal career His 1118 daughter Is the Duchess of ot Marlborough and his hll eldest eon con William K IC 1 Jr mar married ned ried Virginia Fair At the time of oC the death ot of hla his brother Cornelius It was Ins stated that an equal fortune was left to him himAs himAs As All an nn entertainer Mr Vanderbilt dispenses dispense hospitality allty like a n prince and he enters Into the spirit of ot such auch oem occa occasions clone with heart and soul He lie provides everything possible for Cor the complete and lavish entertainment of ot his friends and his banquets are unrivalled Ho lie also engages the Worlds greatest greate t art artIsts lets Isis to give concerts and functions of ot the highest character I Notwithstanding his hi modest and re reo retiring tiring disposition and dislike ot of pub publicity Mr Vanderbilt Is a fascinating and picturesque character and count counties le les ies 3 stories starlet are still to be told of his hla brilliant entertainments and hla hili daring achievements In business WEALTH OF AN EMPIRE E It Is doubtful If It few te men even enD of wide Ide financial experience have any nn Idea of ot the vast ast wealth represented by i what Is called the tho Vanderbilt system of ot railways the New Ney Ne York Central and Its Ita network of Ot allied lines stretching across the continent and taking In the chief cities and towns ot o othe othe the United States Statu It may bo be stated on em good authority that the Vanderbilt system represents In value the vast sum of ot a I billion and a B quarter of ot dollars When one recalls how much legisla legislation legislation tion was required to appropriate tho tue necessary money for Cor buying the Span Spanish ish colonies at the close of the late Jale war ivar and end how much preparation was wu made macia by the government and the bankers banker of ot the country to protect the money mar market market market ket when only 40 o millions were to be paid for Cor Porto Rico the Philippines and anti other territory wanted waited by America one may get pet some Ome faint taint far Car away idea of what fourteen or fifteen hundred mil mu millions millions lions mean With that hat vim govern merits menus and rulers could be swayed Yet let nil this wealth we and perhaps more Is I represented by the Von forces torce of whom William K R the gentleman just married is the master and su supreme premo preme head bead MH MR ESTIMATE fly Dy special request Mr Depew bus given clen the tho Herald the following sketch of Mr Vanderbilt When William H If Vanderbilt retired at ut the age of ot 7 I he ha left the manage management management ment of ot the railway mil way system to lila his two eons sona Cornelius and William K IC In 19 11 28 the two t 0 brothers decided to retire as offiCial heads of the various arioul properties retaining their positions In the board boal of directors arid and their enormous con controlling controlling i trolling Interests In the lines lice Their Th lr advice of oC course was II potent In all I matters of at policy polley On the death of Cornelius William K Ie became practically the tile sole poI ol heed head of the vast It Vanderbilt system His Judg Ju Judgment g ment meat became the directing force forc In these then great lines linea lie He possessed the de tie decision courage and Intuition of ot the Commodore as III well as I the tho conserve conserva conservatism ot or his fAther Uther Under his hi direction the Lake Shore Bhore and Michigan Central became a 4 part put of oC the New Ne York Central Centra enabling It to compete more successfully with the Erie the th Pennsylvania and anti the Haiti Balti Baltimore more thore Ohio Glue It was II also under his dl di direction that thal the system acquired the Boston and Albany thus thul extending Its It own orn lines tines to Boston He Jie also olio acquired a complete system stem south louth and entered the coal Oal fields of ot Pennsylvania By D getting a controlling Interest In the Lake Erie A Weri and anti In tn the system known M as I the Four he made sure lure of ot the systems A feeders Ce der In tn the The original I m mules miles of oC th the old Commodores Commodore rood road grew grow to be mites mIles east of Chica Chicago I go and with tl t Northwestern and Y Its allied lines miles were wera era added west of ot Chicago Thus the tho little road beginning nt Itt New Nell ew York and ending no flu where when grew Into u a system of ot miles covering half the i system which In m popularity in the cUI i dent service which It renders to the public In consideration of ot all nil the tho Inter Interests eats ests e involved In speed comfort facilities ties tie ti and cheapness has hll no equal In the world There la Is this to be said about the tho the other stockholders stockholder have hass always shared abated equal equally Jy ly I with them in tho the prosperity of ot the property They have never created stock corners nor depressed them for tor forstock forstock stock purposes nor exaggerated their value for stock purposes for tor their speculations SHARED WITH THEIR THEIn STOCK STOCKHOLDERS HOLDERS The rhe hove have ha gone gono on and developed loped said and perfected tho the properties both In their physical aspect aspects and In Inthe Inthe inthe the connections |
