Vanderbilt University - Commodore Yearbook (Nashville, TN)

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1873-18941 Robert B k Slocum It was the worst of times. Pretty much the whole of living has been not dying, said Sidney Lanier, and his view of the Reconstruction-time South really applied to education. But Southern education was to have a benefactor to nourish the body of substance as well as the spirit of idea. It all started in 1810 when Cornelius Vanderbilt, aged sixteen, borrowed 95100 from his mother to start a one- boat, one-man Staten Island to Manhattan ferry service. Then there was a ferry fleet, then there were steamship lines radiating from New York, then there was a trans-Atlantic steamship ser- vice that was thriving under Vanderbilt's leadership at the outbreak of Civil War. THE EARLY YEAR

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Vanderbilt was a tough cookie. He warned competitors who had crossed him that he would ruin them. He did. His self-reliance and self- confidence left no sympathy for lesser mortals who didn't measure up. And business was a man's game of competition, a no-holds-barred sort of sport. Law! the Commodore once said, What do I care about the law? Hain't I got the power? The Commodore's profits grew to be the largest fortune in America, but by the 1870's he was in later life and still had made no major act of philanthropy. But people were working on the Commodore. The Reverend Charles Deems, a regular visitor of the Commodore, warned him that boys would point to the Commodore and say how no education was needed, wanted, or mis- sed by the richest man in America. Will they say that? the Commodore asked his friend, But it isn't true, I do care for education and always have, but what shall I do? Another time he told Deems, I'd give a million dollars today if I had your education. A million dollars indeed. This conversation was supposed to lead to a gift for the Moravians, but the Commodore rebelled against their demands for ecclesiastical