This son is named James Gordon after his father, and was born in the city of New York. He of course received a thorough academic education, and no stone was left unturned in the proper selection of teachers to train the young man in studies.
Residing for the most part in Paris, he gives his attention chiefly to superintending the collection of foreign news.
Mr. Bennett has added to the fame of his paper by publishing in England storm-warnings transmitted from the United States; by fitting out the "jeannette" polar expedition; by sending Henry M. Stanley in search of Livingtstone; and by other similar enterprises.
In 1883 he associated himself with John W. Mackay in forming the commercial cable company and laying a new cable between America and Europe, to compete with the combined English and French lines.
By these and numerous other enterprises he has impressed the public as being a man of liberal character and large scope of mind. And as all of these enterprises have been heralded through the columns of the New York "Herald," that publication is now considered the most enterprising newspaper in America.
Mr. Bennett has at all times taken great interest in the world of sports, especially in yachting; and in 1866 he took part in a memorable race from Sandy Hook to the Needles, Isle of Wight, Great Britain. This race was won by his schooner "Henrietta," which made the voyage in thirteen days, twenty-one hours and fifty-five minutes, running against two competing yachts. In 1870 he sailed another race across the Atlantic ocean from Queenstown to New York in his yacht "Dauntless," but his time he was beaten by the English "Cambria," which, however, arrived only two hours in advance.
The New York "Herald" has been a great success from a financial point of view. Even as early as the year 1841 the yearly income of the paper was at least one hundred thousand dollars. In 1846 a long speech by Clay was telegraphed to the "Herald," which was considered a great feat in those days. During the civil war this enterprising sheet more than doubled its circulation, with such energy did the elder Bennett apply himself to the management of his paper. It actually employed sixty-three war correspondents, who were ever on the alert for news to telegraph to the "Herald."
As a collector of news the elder Bennett was unexcelled.
He would read exchanges constantly, noting down an idea here and making a
clipping there, that he was a veritable scrap-book of every-day events. Add
to this the faculty which he possessed of knowing just what matter would engross
the interest of the public. And daily he would suggest to his editorial staff
themes upon which to write that would add to the value of the paper. In 1855
"The Memoirs of James Gordon Bennett and His Times" was published,
which contains much interesting matter.