Famous Vanderbilt Quotes

The craving to be famous is like an insidious disease, no matter how well known you become it's never enough, it never satisfies.

Stuyvesants and Vanderbilts and Roosevelts and staid, respectable Washington Square. Trinity Church. Mrs. Astor’s famous ballroom, the Four Hundred, snobby Ward McAllister, that traitor Edith Wharton, Delmonico’s. Zany Zelda and Scott in the Plaza fountain, the Algonquin Round Table, Dottie Parker and her razor tongue and pen, the Follies. Cholly Knickerbocker, 21, Lucky Strike dances at the Stork, El Morocco. The incomparable Hildegarde playing the Persian Room at the Plaza, Cary Grant kneeling at her feet in awe. Fifth Avenue: Henri Bendel, Bergdorf’s, Tiffany’s.

Benjamin Libet, a scientist in the physiology department of the University of California, San Francisco, was a pioneering researcher into the nature of human consciousness. In one famous experiment he asked a study group to move their hands at a moment of their choosing while their brain activity was being monitored. Libet was seeking to identify what came first — the brain’s electrical activity to make the hand move or the person’s conscious intention to make their hand move. It had to be the second one, surely? But no. Brain activity to move the hand was triggered a full half a second before any conscious intention to move it…. John-Dylan Haynes, a neuroscientist at the Max Planck Institute for Human Cognitive and Brain Studies in Leipzig, Germany, led a later study that was able to predict an action ten seconds before people had a conscious intention to do it. What was all the stuff about free will? Frank Tong, a neuroscientist at Vanderbilt University in Nashville, Tennessee, said: “Ten seconds is a lifetime in terms of brain activity.” So where is it coming from if not ‘us,’ the conscious mind?

A famous British writer is revealed to be the author of an obscure mystery novel. An immigrant is granted asylum when authorities verify he wrote anonymous articles critical of his home country. And a man is convicted of murder when he’s connected to messages painted at the crime scene. The common element in these seemingly disparate cases is “forensic linguistics”—an investigative technique that helps experts determine authorship by identifying quirks in a writer’s style. Advances in computer technology can now parse text with ever-finer accuracy. Consider the recent outing of Harry Potter author J.K. Rowling as the writer of The Cuckoo’s Calling , a crime novel she published under the pen name Robert Galbraith. England’s Sunday Times , responding to an anonymous tip that Rowling was the book’s real author, hired Duquesne University’s Patrick Juola to analyze the text of Cuckoo , using software that he had spent over a decade refining. One of Juola’s tests examined sequences of adjacent words, while another zoomed in on sequences of characters; a third test tallied the most common words, while a fourth examined the author’s preference for long or short words. Juola wound up with a linguistic fingerprint—hard data on the author’s stylistic quirks. He then ran the same tests on four other books: The Casual Vacancy , Rowling’s first post-Harry Potter novel, plus three stylistically similar crime novels by other female writers. Juola concluded that Rowling was the most likely author of The Cuckoo’s Calling , since she was the only one whose writing style showed up as the closest or second-closest match in each of the tests. After consulting an Oxford linguist and receiving a concurring opinion, the newspaper confronted Rowling, who confessed. Juola completed his analysis in about half an hour. By contrast, in the early 1960s, it had taken a team of two statisticians—using what was then a state-of-the-art, high-speed computer at MIT—three years to complete a project to reveal who wrote 12 unsigned Federalist Papers. Robert Leonard, who heads the forensic linguistics program at Hofstra University, has also made a career out of determining authorship. Certified to serve as an expert witness in 13 states, he has presented evidence in cases such as that of Christopher Coleman, who was arrested in 2009 for murdering his family in Waterloo, Illinois. Leonard testified that Coleman’s writing style matched threats spray-painted at his family’s home (photo, left). Coleman was convicted and is serving a life sentence. Since forensic linguists deal in probabilities, not certainties, it is all the more essential to further refine this field of study, experts say. “There have been cases where it was my impression that the evidence on which people were freed or convicted was iffy in one way or another,” says Edward Finegan, president of the International Association of Forensic Linguists. Vanderbilt law professor Edward Cheng, an expert on the reliability of forensic evidence, says that linguistic analysis is best used when only a handful of people could have written a given text. As forensic linguistics continues to make headlines, criminals may realize the importance of choosing their words carefully. And some worry that software also can be used to obscure distinctive written styles. “Anything that you can identify to analyze,” says Juola, “I can identify and try to hide.

One of the most notorious of these was Cornelius Vanderbilt, who famously remarked, “What do I care about the Law? Hain’t I got the power?

The captains of industry did not exactly distinguish themselves as publicly spirited. A few, like Carnegie and John D. Rockefeller, established noted charities, but most echoed the sentiments of William H. Vanderbilt, the railroad tycoon, who, when asked by a reporter for the New York Times about keeping open the New York to New Haven line on the assumption that it was run for the public benefit, responded famously, “The public be damned.” Vanderbilt proceeded to give the reporter a short lecture on capitalism. “I don’t take stock in this silly nonsense about working for anybody’s good but our own because we are not. Railroads are not run on sentiment, but on business principles, and to pay.

Only a stock that many traders were selling short could be cornered; a stock that was in the throes of a real bear raid was ideal. In the latter situation, the would-be cornerer would attempt to buy up the investment houses’ floating supply of the stock and enough of the privately held shares to freeze out the bears; if the attempt succeeded, when he called for the short sellers to make good the stock they had borrowed, they could buy it from no one but him. And they would have to buy it at any price he chose to ask, their only alternatives—at least theoretically—being to go into bankruptcy or to jail for failure to meet their obligations. In the old days of titanic financial death struggles, when Adam Smith’s ghost still smiled on Wall Street, corners were fairly common and were often extremely sanguinary, with hundreds of innocent bystanders, as well as the embattled principals, getting their financial heads lopped off. The most famous cornerer in history was that celebrated old pirate, Commodore Cornelius Vanderbilt, who engineered no less than three successful corners during the eighteen-sixties. Probably his classic job was in the stock of the Harlem Railway. By dint of secretly buying up all its available shares while simultaneously circulating a series of untruthful rumors of imminent bankruptcy to lure the short sellers in, he achieved an airtight trap. Finally, with the air of a man doing them a favor by saving them from jail, he offered the cornered shorts at $179 a share the stock he had bought up at a small fraction of that figure.

One of St. Augustine’s most famous rumrunners was William McCoy, who was also the purported inventor of the ham sack. McCoy operated a boat taxi service for the Jacksonville–St. Augustine area and a boatyard where he built yachts for Andrew Carnegie, the Vanderbilts and others. When Prohibition hit, he recognized the opportunity for a new, more lucrative business enterprise. He sold the taxi service and the boatyard and bought a schooner, which he named Tomoka. McCoy would sail Tomoka (and later six additional vessels added to his fleet) to the Bahamas, fill it with the best rye, Irish, and Canadian whiskey he could purchase and then sail back to St. Augustine and anchor just outside the three-mile limit. The locals would then sail their own vessels out to the Tomoka and purchase what they needed, a perfectly legal transaction on McCoy’s part. Bill McCoy became famous for the quality of his product and the fact that he never “cut,” or diluted his liquor. When you bought from Bill, you were getting the “Real McCoy,” and that is how we remember him today.