Drew,
in behalf of the Erie Road, and Commodore Vanderbilt, who represented
the New York Central.
Mr. Drew still continues his operations in Wall Street, where he is
known as one of the boldest and most extensive, as well as one of the
most successful, of all the operators in railroad stocks. Though losing
heavily at times, he has nevertheless been one of fortune's favorites.
His efforts have not been confined to the Erie Road. He owns stock in
other roads, and, together with Commodore Vanderbilt, took up the
floating debt of over half a million of dollars which weighed down the
Harlem Road, and placed it in its present prosperous condition.
He owns a fine grazing farm on the Harlem Railroad, about fifty miles
from New York. It is situated in Carmel, in Putnam County; is nearly one
thousand acres in extent, and includes the old farm on which he was
born. He has made it one of the finest and most profitable in the State,
and, it is said, values it above all his other possessions. He has
improved and beautified it upon an extensive scale, and near the old
grave-yard, where his parents lie sleeping, he has built one of the most
beautiful churches in the land.
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