rs old, stared out to try and earn a living
for himself.
He came to New York in search of employment, but the country, just then,
was in too depressed a condition to afford him a chance in any regular
business. After looking around for awhile, he at length became a cattle
drover. He spent five years in driving cattle from Putnam County to New
York for sale, but failed to make any money at the business.
In 1820, he removed to New York, and established his headquarters at
the famous Bull's Head Tavern, in the Bowery, which was the great resort
of the butchers and drovers doing business in the city. He kept this
tavern a part of the time, and found it quite a profitable investment.
He soon formed a partnership with two other drovers, and commenced
buying cattle in the adjoining counties and bringing them to New York
for sale.
[Illustration: FOUNDING A GREAT FORTUNE]
These ventures were so successful that the operations of the firm were
extended into Pennsylvania, and finally into Ohio and the other States
of the great West. Mr. Drew and his partners brought over the mountains
the first drove of cattle that ever came from the West into New York
city. The cattle, two thousand in number, were collected into droves of
one hundred each, and were driven by experienced and careful men. The
journey occupied two months, and the total cost of the purchase and trip
was twenty-four dollars per head. The profit on the venture was very
large.
Mr. Drew continued in this business for fourteen years, slowly and
carefully laying the foundations of that immense fortune which has made
him so conspicuous, an example to others who have entered upon the
life-struggle since then.
In 1834, an event occurred which changed the whole tenor of his career.
In that year, the steamer "General Jackson," owned by Jacob Vanderbilt
(a brother of the famous Commodore), and plying between New York and
Peekskill, blew up at Grassy Point. A friend of Mr. Drew at once put a
boat called the "Water Witch" in her place, and Mr. Drew, to oblige his
friend, advanced one thousand dollars toward the enterprise. Commodore
Vanderbilt was not willing that any rival should contest the river trade
with him, and built a steamer called the "Cinderella," with which he ran
a sharp opposition to Mr. Drew. The contest was so sharp that fares and
freights were lowered to a ridiculous figure, and both parties lost
heavily. At the end of the season, the owner of the "Wat
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