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Dark Cloud Besmirches the Lovely Hetty Green
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Anonymous
Posted 12/9/2003 12:31 PM (#674)
Subject: Dark Cloud Besmirches the Lovely Hetty Green
I found a story regarding Hetty Green on a web engine search at the dark cloud site by Richard MacLeod. I recently bought a book docmenting Colonel Green's life, and how he legitametly got the title of Colonel. It was written by a current resident of Round Hill and contains many stories that are documented and contradict Mr. Macleods embellsihed version.

Hetty Green's real life story is more fascinating than the myth of the Witch of Wall Street, and her son the Colonel and daughter Sylvia should be treasured, American icons.
 
Dark Cloud
Posted 12/9/2003 12:56 PM (#676 - in reply to #674)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green


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Had to move this to the correct forum.  Sorry.

Would love to know what coldly objective and current resident of Round Hill edifies the historic record on the Greens.  I recall when The Day They Shook The Plum Tree - a relatively scandalous book on the Greens - was published forty odd years ago, the area residency produced The Greens As I Knew Them in sputtering contradiction, although arguing different points and essentially serving as a defense of class and neighbor and, maybe, family friend. 

There were many off the record stories of the parties the Colonel had at his Round Hill abode.  Even dividing by a large, two digit number, they must have been something the locals recalled deep into old age. 

I suppose we could argue about how Green got his ranked title.  Let's just say, he didn't rise through the ranks or serve in the Army with a wooden leg, and that it is to be doubted someone with less money would have been accorded the honor.  "Honorary" rank was a problem after the Civil War, along with brevet rank, and not just for social reasons.  The legitimate officers - especially the wounded ones - resented them hugely.   

It is hard not to like both of Hetty's children in the books I've read.  Traumatized seems insufficient description, but they both came out pretty well, money or not.  I don't understand why they should be honored for that, particularly, or being born wealthy.  Although, I suppose there would have been cause if they had turned into serial murderers, so maybe they should be honored.

I didn't name Hetty the Witch of Wall St.  And that isn't the worst thing she was commonly called.  I would agree that much of it was because she was a woman acting as brazenly as a male in the exercise of power, but her utter lack of sincere friends throughout her life (as I recall) speaks volumes. 

 
Eddy
Posted 2/5/2004 5:40 PM (#914 - in reply to #674)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green
A break. Hetty Green was a genuine witch. If you ever see that house of horror her son lived in you will have no trouble believing it. Like all Quakers, she was a fraud, profited from the indentured servitude of the whatlers and the slave wages paid miners and other of her investments. That she didn't drink and gave it away at her death doesn't erase the sleaze and cruelty with which her fortune was accumulated.
 
Hetty's alter ego
Posted 3/11/2004 3:54 PM (#1011 - in reply to #674)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green
Hetty Howland Robinson Green was a female financial genius ahead of her time. The male media of her day did not have a pattern on how to report about a woman who made $100,000,000 to $200,000,000 by 1916, by men's rules.
Hetty was also known as The Human Cash Register, The Queen of Wall Street, The Pride and Pain of Bellows Falls, Vermont and The Princess of Whales.
Anyone interested in reading more than just the Witch of Wall Street, and The Day They Shook the Plum Tree ( which has the most confirmed errors ) can read real headlines from The Wall Street Journal, the New York Times, The New York Sun, The Brooklyn Daily Eagle and papers from across the U.S online.
The real story is more fascinating than perpetuating and holding tightly to a nasty, mean myth.

( like Miss O'leary's cow that did NOT kick over the pail to start the Chicago fire, some myths just cannot be replaced with facts in some people's minds)

Even Hetty's son, the Colonel, when interviewed after her death, in 1916, in his rooms at the Waldorf in N.Y. berated reporters that they did not know his mother at all. " She gave away money anonymously after reviewing people's needs. Imagine if people found out the richest woman in the world was giving away money, the lines would never end," Edward Howland Robinson Green.

There is an exhibit by the Smithsonian of Enterprising Women touring the U.S., New York, Washington, Detroit, Los Angelos and more until 2005.
88 years after her death, Hetty Green has finally begun to be researched and respected for her accomplishments. The Wall St. Journal calculated her wealth at $17.6 billion in today's value.
If a man made what Hetty Green did he would be considered a mastermind or brilliant and there would be a monument outside the New York Stock Exchange to him.
 
Absinthe
Posted 3/12/2004 5:30 PM (#1012 - in reply to #1011)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green
I don't think anyone doubts she was a genius, or that she was worse than any of the male Robber Barons with whom she competed, and yes, there was a lot of male chauvenism back then. And there is much evidence she didn't like publicity for herself because she didn't value the opinion of the masses, particularly.

Does the Colonel have a quote saying his mother was terrific or that he or anyone loved her? Or just quotes saying she was nowhere near as awful as people thought? And given he was living off her, that's the very least he could do. That cannot be seen as even faint praise. As to her largesse, it was part of her religion to give to the needy as she saw fit. What percentage of the income did this amount to? Essentially, it was payment for admission to heaven.

So, how DID her son lose his leg?
 
edie@hettygreen.com
Posted 10/3/2004 2:05 PM (#1346 - in reply to #674)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green
Edward Howland ( Ned ) Robinson Green, was born at the Langham hotel in London, England in 1868. When the Green family returned to Bellows Falls, Vermont in the late 1870's he was given a sled. Playing near the embankments of the Connecticut River Valley he injured his leg. As with most mothers, children were treated at home. Carter's Little Liver Pills and Squibb Oil were administered. ( bellows falls, newspapers reported )
Hetty took him to doctors. She gets no credit for visiting Bellevue Hospital in N.Y. when there were some dozen or less hospital beds. Anesthesia was not yet administered in hospitals or for Civil War amputations. She gets no credit for meeting with a young man named John Hopkins when she was in Washington, D.C. He was looking for financing for a new hospital.

Mr & Mrs Green came to the conclusion there might be other solutions to seek.
The major story was when she went to a free clinic in New York. No one can reconcile why she would do that. With her extreme frugal background, what else would Hetty have done? It was free, no stipulation on how much you earned or saved.

Many people think they know how Hetty should act and conform to their mindset
We have a notion, because someone made money they should give it away. Hetty would have had to give it all away or someone would still be upset with her!
I have never walked up to someone, asked for money outright and they oblige without a myriad of questions...Hetty received thousands of letters a week in just that manner-- you have money give me some of it. She is a fascinating woman that the United States and New Bedford, Ma have not discovered yet.
 
absinthe
Posted 10/3/2004 9:16 PM (#1348 - in reply to #1346)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green
Look what you neglect to mention. WHEN did she do these things? First, Bellows Falls newspapers are about as likely to criticize their wealthy patroness as Fox is break scandal about Bush should such occur.

Bellvue is famous ....... for what again? How long after the injury did she visit? Why did she visit? WHEN did she go to doctors?

Correct me, but doesn't Boston have one, maybe two medical facilities in 187...... what year did this happen? Wasn't Boston closer than Washington or New York to Bellows Falls? Isn't it still?

Isn't fatalism part and parcel of Quakerism? Kid hurt? Hey, whadya gonna do?

Where can I find loving quotes about her from her children? Just one.

Revisionism is fine and dandy, but it's a cyclic process. That she may not have been as hideous as presented doesn't mean, ipso facto, that she was instead a divine grace of womanhood and heroine. She is fascinating, though.
 
Troy
Posted 11/26/2004 8:04 PM (#1375 - in reply to #674)
Subject: RE: Dark Cloud Besmirches the Lovely Hetty Green
I read an interesting bit in Lucius Beebe's book, 'The Big Spenders'. With respect to Colonel Green (Ned), he told story of him doing things like wanting the largest yacht around, paying a million for one that he then cut in half and inserted40 additional feet of ship. After arriving in the USA, only to find due to the war he couldn't get his hands on the 660 tons of coal it took to heat the water for the bathrooms and fire hoses on the ship, the ship, for reasons never quite explained, sank in sixteen feet of water. It was replaced shortly thereafter with a housboat that only cost 90K and had accomodations for only 70 people. After a number of storys such as this concerning old Ned, the author then tells how when he died the tax collected on his estate where so much that the State of Massachesetts reduced their tax by 30 percent the next year! (his share of the tax was the same figure collected by all the people of the State that year excluding himself). The way I read it, it just goes to show what happens when the big boys pay the same percent of their wealth on taxes, overall, as what we common folks do. I agree, his name should be taught to our children, right along with his bizzare spending habbits, right along with what happens to the tax rate when the estate is charged a tax of reasonable amounts prior to giving all the cash to someone who never did a thing to earn a penny of it. Troy
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