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.

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.

This man, NICHOLAS LONGWORTH by name, was born at Newark, New Jersey, on the 16th of January, 1782.  His father had been a man of large property, but in consequence of being a Tory during the Revolution, his possessions were confiscated, and he and his family impoverished.  Young Nicholas’s childhood was passed in indigence, and it is said that he was apprenticed to a shoemaker, when a mere lad, to learn the trade as a means of livelihood.  However this may be, it is certain that when very young he went to South Carolina as a clerk for his elder brother.  The climate of the South, however, did not suit his health, and he returned to Newark, and began the study of the law.

He was poor, and the East was overcrowded, even at that early day, and offered but few inducements to a young man entirely dependent upon his own efforts.  Ohio was then the “Far West,” and emigration was setting in toward it rapidly.  Those who had seen the country related what then seemed marvelous tales of its wonderful fertility and progress.  Few professional men were seeking the distant land, and Longworth felt convinced that the services of such as did go would assuredly be in demand, and he resolved to cast his lot with the West.

In 1803, at the age of twenty-one, he removed to the little village of Cincinnati, and, having fixed upon this place as his future home, entered the law office of Judge Jacob Burnet, long the ablest jurist in Ohio.  He soon won the confidence and esteem of his instructor, and succeeded so well in his studies that in an unusually short time he was admitted to the bar.

He entered upon the practice of his profession with energy, and soon acquired a profitable business, which increased rapidly.  He was a man of simple habits, and lived economically.  His savings were considerable, and were regularly invested by him in real estate in the suburbs of the town.  Land was cheap at that time, some of his lots costing him but ten dollars each.  Long before his death they were worth more than as many thousands.  He had a firm conviction that Cincinnati was destined to become one of the largest and most flourishing cities in the Union, and that his real estate would increase in value at a rate which would render him wealthy in a very few years.

His first client was a man accused of horse-stealing, in those days the most heinous offense known to Western law.  Longworth secured his acquittal, but the fellow had no money to pay his counsel, and in the absence of funds gave Longworth two second-hand copper stills, which were his property.  These the lawyer accepted, thinking that he could easily dispose of them for cash, as they were rare and valuable there in those days.  They were in the keeping of Mr. Joel Williams, who carried on a tavern adjacent to the river, and who was afterward one of the largest property-holders in Cincinnati.  Mr. Williams was building a distillery at the time, and, as he had confidently reckoned upon using the two stills in

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