This is the first 1,000 characters of 425 words (1.7 pages) in the essay titled Vanderbilt Cornelius
Vanderbilt was born to a poor family and quit school at the age of 11 to work for his
Father who was a boater. When he turned 16 he persuaded his mother to give him a $100
dollar loan for a boat to start his business. He opened a transport and freight service
Between New York and Staten Island for eighteen cents a trip. He repaid the loan with an
$1,000 dollars. Vanderbilt later received a government contract to supply the forts around
New York. Large profits allowed him to build a schooner and two other vessels for trade.
Vanderbilt got his name from being the “commander” of the biggest vessel. By 1817 he
possessed $9,000 dollars. Vanderbilt then sold his interests and turned his attention to
steamboats in 1818. He operated a ferry between New Brunswick, New Jersey, and New
York City. He charged his customers a dollar while others charged four for the same trip.
After a court decision Vanderbilt re...
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