Great Fortunes, and How They Were Made eBook

This eBook from the Gutenberg Project consists of approximately 694 pages of information about Great Fortunes, and How They Were Made.
is promoted—­His journeys to Canada, and their results—­Sets up in business for himself—­The fur trade of North America—­A survey of the field of Astor’s operations—­His capital—­His tramps into the wilderness in search of furs—­Predictions as to the future settlement of the country—­His first consignment to England—­His marriage—­A good wife—­Improvement in his prospects—­Buys his first ship—­The secret of his success—­Close attention to business—­His economical habits—­His indorsement disputed by a bank clerk—­Statements of the profits on furs—­He engages in the Chinese trade—­How the Government aided the early China traders—­Amount made by Astor in his legitimate business—­His real estate operations—­His foresight and courage—­How eight thousand dollars yielded eighty thousand—­His real estate in the City of New York—­Purchases the half of Putnam County—­The Roger and Mary Morris estate controversy—­Astor wins his suit, and makes half a million of dollars—­Astor’s scheme of colonization—­A grand enterprise—­Settlement of Astoria—­Betrayed by his agents, and the scheme brought to failure—­Astor withdraws from active business—­His boyhood’s vow and its fulfillment—­Builds the Astor House—­His voyage to Europe—­The return—­The troubles of a millionaire—­The great man seasick—­A curious draft—­The last years of his life—­His fondness for literary men—­His death and burial—­His will—­Opposite views of his character—­How his refusal to buy a chronometer cost him seventy thousand dollars—­He remembers an old friend—­His gift of a lease—­His humor—­“William has a rich father.”

CHAPTER III.

Alexander T. Stewart.

Birth and early life—­Becomes his grandfather’s ward—­Designed for the ministry—­A change in his plans—­Comes to America—­Teaches school in New York—­Becomes a dry goods merchant—­Receives a legacy—­His first importation—­How he began business—­An energetic trader—­His sample lots and their history—­Success of his enterprise—­He begins by encouraging honesty in trade—­Wins a name for reliability—­The system of selling at one price—­Inaugurates the “selling off at cost” feature—­His courage in business—­How he raised the money to meet his note—­Improvement in his business—­He enlarges his store—­As an inducement to the ladies, employs for clerks handsome young men—­The crisis of 1837—­Stewart comes out of it a rich man—­How he did so—­Builds his lower store—­Predictions of failure—­The result—­Compels the Government to purchase goods from him—­His foresight and liberality—­Charged with superstition—­Lucky and unlucky persons—­Story of the old apple woman—­Remarks at the opening of the St. Nicholas Hotel—­Reasons of Stewart’s success—­A hard worker—­How he receives visitors—­Running the gauntlet—­How he gets rid of troublesome persons—­Estimate of Mr. Stewart’s real estate in New York—­His new residence—­His benevolence—­Aid for Ireland, and free passages to America—­Home

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Great Fortunes, and How They Were Made from Project Gutenberg. Public domain.
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