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The Daily record and the Dresden daily : 04.12.1908
- Erscheinungsdatum
- 1908-12-04
- Sprache
- Englisch
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- SLUB Dresden
- Digitalisat
- SLUB Dresden
- Lizenz-/Rechtehinweis
- Public Domain Mark 1.0
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- urn:nbn:de:bsz:14-db-id416971482-190812047
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- http://digital.slub-dresden.de/id416971482-19081204
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- oai:de:slub-dresden:db:id-416971482-19081204
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- ZeitungThe Daily record and the Dresden daily
- Jahr1908
- Monat1908-12
- Tag1908-12-04
- Monat1908-12
- Jahr1908
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Office: Struve Str. 5,1. DresdenA. Telephone 1755. Berorb and THE DRESDEN DAILY. Office: StruveStr.5,1 DresdenA. Telephone: 1755. The First Daily Paper in English published in Germany. •Vj 860. DRESDEN, FRIDAY, DECEMBER 4, 1908. 10 PFENNIGS The Daily Record is delivered bv hand in Dresden, and may be ordered at any Post Office throughout the German Empire. It is published daily, excepting Mondays and days following legal holidays in Dresden. Monthly Subscription Rates: For Dresden, mark I.—: for the rest of Germany and Austria, mark 1.20. For other countries, marks 2.50. A GREAT AMERICAN FAMILY. The United States have not, it is true, a monar chical system, but they can nevertheless boast of many great names which are closely connected with the unprecedented rise of America to immense pros perity, and which have perhaps exerted more in fluence on the growth of the country than the per sonalities of reigning monarchs have exercised on the Kingdoms of Europe. Prominent amongst such names is that of Commodore Cornelius Vanderbilt, the undisputed founder of “the dynasty of finance,” and the story of his life makes interesting reading as a chronicle of phenomenal success, and, inciden tally, an illustration of the power of wealth. The Commodore was born in 1794, but it was not until he was in his seventies that he began his great ca reer. The story is lucidly narrated by Mr. Burton J. Hendrick, who has had exceptional opportunities of gathering authentic data bearing on his subject. Up to the Civil War Cornelius Vanderbilt had been absorbed in the conduct of numerous steamboat and steamship lines. Early in life he had seen the pos sibilities of steam travel by water, and had sold off his whole sailing fleet and purchased steamboats. With similar promptitude, on discerning that trans portation in the United States would follow the line, not of the canal nor of the river, but of the steel rail, he sold all his water 'craft and began purchasing railroads. His friends thought he had lost both prestige and fortune. At that time almost all railroad properties had large floating debts, and the public were execrably served. Between Chicago and New York there were seven different lines. Pas sengers had to break their journey at each terminus, and goods had to be carried from line to line. Both goods and passenger traffic were consequently at a low ebb. Vanderbilt bought up these rickety rail ways in 1863. By 1873 he had completed the work. In these ten years he had acquired more than three thousand miles of railroad, reformed multitudinous abuses, and essentially created the modern railroad. At the same time he had increased his personal for tune from 11 million to 104 million dollars. The Commodore acquired possession of his great Trunk Railroad by exercising the brute power of his wealth. The New York Central refused to come in until he brought it to its knees by refusing the necessary connection with his line; and when the stock went down with a rush, he promptly secured it. By 1867 he had control of the road, and had thus idealised his ambition for a direct New York to Chicago line. He became absolute dictator of the New York Cen tral system, and at his death he had a majority interest of the New York Central, the Harlem, the Lake Shore, and the Canada Southern. His methods were said to be distinctly unscrupulous. “Law!” he once roared, “what do I care about the law? Hain’t I got the power?” But his service to the public were very great. He unified communication between New York and Chicago. He substituted steel rails for the old iron permanent way. He re placed dangerous wooden bridges with structures of steel and iron, and in every department he introduced new efficiencies. Nevertheless, as soon as he had pur chased his stock, he watered it with a generous hand. He poured nearly sixty million dollars of fictitious value into the Central Railroad—two-thirds of its entire stock capitalisation! Still an imposing physical figure at seventy-three, he married a beautiful Southern widow of thirty. His manners are said to have been harsh and un couth, and, totally without education, he could hard ly inscribe half a dozen lines without outraging the spelling book. Here follow several amusing details of his personality. In his house, which was very plainly furnished, he had no painting or books ex cept the Bible and “The Pilgrim’s Progress,” the latter of which he constantly perused. He loved racehorses, whist, and euchre. He had a clairvoyant faculty, and was a frequent attendant at spiritualis tic seances. In his sickness he usually resorted to mental healers and clairvoyant quacks, and during his last illness he attempted to cure himself by placing sailt-cellars under his bedposts. He worried exces sively over a certain Biblical injunction concerning the difficulty of rich men in entering Heaven. He declared on his deathbed that he was willing to entrust himself to Providence, because “Providence is as square as a brick.” Out of his great fortune he left not a single public or charitable bequest. H. G. B. Peters Established 1885. Furriers Exclusively. Desire to inform their patrons and visiting tourists that a very J extensive stock of fine Furs, fashioned in the latest Gar ments, fancy Neckpieces, Muffs, etc. are here to select from; Russian Sable, Mink, Marten, Royal Ermine, Chinchilla, Seal, Squirrel, black Persian, Broadtail, Lynx, Fox, Pony, Astrachan, etc., Bear, Skunk, Thibet, etc. Skins are imported from the best Fur centres (duty free) in the raw state and made up here, so that prices for the same qualities are more moderate here than in the foreign market. 52, Prager Strasse, Dresden, opposite Cook’s Tourist Bureau. Trade Mark. Establ. 1843. DRESDEN CHINA Lowest prices Wholesale : Own workmanship : Retail Export A. E. STEPHAN, 4, Reichs Strasse succ. to Helena Wolfsohn Nachf. Leopold Elb. Otto Mayer, PHOTOGRAPHER 38 Prager Strasse 38 Tel. 446. By appointment to T. M. the King of Saxony and the Emperor of Austria. Superb artistic work. Moderate terms. s? RICHARD WEHSENER Zinzendorf Strasse 16. ** DRESDEN CHINA. ** Coffee tups, wall-piafes. fea cups, etc. Speciality: biffins. QX I unskimmed milk. 1st quality onl y ; Pasteurised and purified, there- ■ ■ fore free from bacilli. of any kind. Delivered free. Depots in all parts of the city. Pfund’s Dairy, Dresden, 3 SltS He wished to keep his railroad property intact, to hold it as a great family possession, and make the name of Vanderbilt powerful for all time. In eight years, from 1877 to 1885, his son, William Henry Vanderbilt, more than doubled the fortune left by his father. He had not his parent’s brilliant stra- tegy, however. Before his death from apoplexy he had parted with the majority ownership of the New York Central. At this time the influence of Mr. J. Pierpont Morgan was beginning to be felt. With the death of William Henry the scattering of the Vanderbilt millions began. His love for his children divided his fortune amongst them rather than con centrating it on one heir. In fourteen years his son Cornelius had only slightly increased his fortune. He was succeeded on his death, as director on all the Vanderbilt lines, not by one of his sons, but by William Rockefeller. Alfred Vanderbilt, as the present world of fashion knows, limits his activities to fashionable coaohes and automobiles. Reginald has only made public appearance in a gambling case. The elder branch of the family, as a power in American railroads and finance, is now extinct. Wil liam Kissam Vanderbilt succeeded his brother in 1896 as active head of the family railroad interest, but he is now devoting himself chiefly to the enjoyment of his wealth. “Both my father and brother died of apoplexy; I do not propose to end that way”—is a remark which has been attributed to him. He is worth not far from a hundred million dollars. At his death the property will be divided between his children, and even the nominal Vanderbilt control will then terminate. In another generation the Vanderbilt fortune will be still more widely scat tered. GENERAL NEWS. NEWS FROM ENGLAND. ENGLAND AND THE BALKAN QUESTION. London, December 2. Reuter is informed that the Feport that Great Britain has taken steps, or made representations to the Turkish Government, in consequence of the boy cott of Austrian goods in Turkey, is incorrect. Nor is it the fact that Great Britain has made represen tations to Austria with respect to the detention of Servian goods on the frontier. The opinion is said to prevail in authoritative quarters in London that the best means of putting an end to the boycott of Austrian goods in Turkey would be a direct under standing between the Austrian and Turkish Govern ments. NEWS FROM AMERICA. RELATIONS WITH JAPAN. The agreement with Japan has been signed with a rapidity which excites some comment in Wash ington and elsewhere, and the Senate now has to face an accomplished fact. It will probably have the matter under discussion next week, and in the meantime it is interesting to note that, according to Tokio cables, a section of the Japanese Press is disposed to consider the understanding in the light of something verging on an alliance. Mr. Root, however, appears to have been able to satisfy inquirers that the Constitutional rights of the Senate have not been violated. This agreement with Japan, by the way, is the last great diplomatic measure in which the present American State Secretary is likely to take an active part. It is generally believed that Mr. Root is going to the Senate vice Mr. Platt, and it is now reported that Mr. Bacon, his first Assistant Secretary, will be his successor Rumours that before he goes an understanding may be con cluded with China find little credence, though it is possible that something in this direction may come later as a sequel to Tang-Shao-yi’s mission. AMERICA’S DEBT TO SCOTLAND. The debt which America owes to Scotland was the text of the speech made by Mr. Andrew Car negie at the recent dinner of the St. Andrew’s So ciety in New York. Ever since the fifth century, said Mr. Carnegie, Scotsmen had led the ^yorld. In religion, in po litics, and notably in education, they had been, and were still, supreme. Proceeding to give illustrations of this contention taken from the public life of Eng land and America today, Mr. Carnegie brought about a climax of enthusiasm by declaring that it was to a Scot—Judge Wilson—that America owed her glori ous Constitution. THE MARIANNA PIT DISASTER. Pittsburg, December 2. The total numbers of bodies so far recovered from the Marianna Mine is 124. The management state that very few bodies now remain below, but so far no list of victims has been published. U.S. BATTLESHIP FLEET. Manila, December 2. The United States Battleship Fleet left here yester day for Colombo. THE TROUBLE IN HAYTI. New, York, December 2. A cablegram from Port-au-Prince states that the town is given over to disorder and riot. The sol diers are looting in the market place and principal streets, and the inhabitants are barricading them selves in their houses. The American forces are quite inadequate to deal with the situation, and there is unlikely to be any serious opposition to the en trance of Gen. Simon’s troops. Ten leading Go vernment officials are at the present moment re fugees in the French and German Legations, and their disappearance has naturally caused demorali sation in Administrative circles. President Alexis is wavering and uncertain, and cannot make up his mind as to his course of action. He will, however, probably take to flight. • New York, December 2. It appears from a telegram which has been re ceived here from Port-au-Prince that General Canal was the leader of the coup d’etat. Up to this morn ing he had given no indication of his intentions when, all at once, parties of well armed citizens overpower ed the police and occupied the arsenal and the port. The Embassies have decided to facilitate and hasten the departure of President Nord Alexis. Washington, December 2. A telegram from Port-au-Prince states that France has placed a cruiser at the disposal of President Nord Alexis, and that he will shortly leave Hayti on board the ship. (Continued on page 2.)
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