II. CAPITALISTS.
CHAPTER IX.
CORNELIUS VANDERBILT.
Staten Island seventy-six years ago--The establishment of the Staten
Island ferry--Birth of Cornelius Vanderbilt--His boyhood--Defective
education--A famous rider--His early reputation for
firmness--Superintends the removal of a ship's cargo at the age of
twelve--How he pawned a horse--Becomes a boatman--How he bought his
boat--A disastrous voyage--His life as a boatman--His economy and
industry--Earns three thousand dollars--The alarm at Fort
Richmond--Vanderbilt's perilous voyage for aid for the forts--His
marriage--His first contract--How he supplied the harbor
defenses--Builds his first schooner--His winter voyages--Becomes a
steamboat captain--His foresight--Leases the hotel at New Brunswick--The
dangers of navigating the New York waters--The steamboat war--How
Captain Vanderbilt eluded the sheriff--Becomes manager of the steamboat
line--Declines an increase of salary--Only wants to carry his
point--Refuses to buy Mr. Gibbons's interest in the steamboat company,
and builds his own boat--Narrow escape from ruin--Final
triumph--Systematic management of his vessels--How he ruined the
"Collins Line"--The "North Star"--Becomes a railroad director--How he
foiled a plan to ruin him--dishonest legislature--Vanderbilt's
triumph--His gift to the Government--His office in New York--Vanderbilt
in business hours--Personal characteristics--Love for horses--His
family.
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