A History of the City of Brooklyn and Kings County, Volume II.Ostrander, Stephen M.
History
A History of the City of Brooklyn and Kings County, Volume II.
Ostrander, Stephen M.
Brooklyn (New York, N.Y.) -- History; Kings County (N.Y.) -- History
In the value of products[52] the sugar industry stands first, the
foundry and machine-shop interests coming second, and slaughtering
and meat-packing third. Fourth and fifth positions are to be given
respectively to chemical industries and the grinding of coffee and
spices. Cordage and twine making has for a long time occupied a
prominent place in Brooklyn. Other prominent industries are in boots
and shoes, furnishing goods, and paper hangings. The National Meter
Company plant in South Brooklyn is the largest in the world.
One of the most striking illustrations of Brooklyn's advancement in
commercial affairs has been the increase in the number and importance
of its financial institutions. The city's first banks were the Long
Island Bank,[53] incorporated in 1824; the Brooklyn Savings Bank,
incorporated in 1827; the Atlantic Bank, incorporated in 1836; the Bank
of Williamsburgh, incorporated in 1839; the South Brooklyn Savings
Bank, incorporated in 1850; and the Williamsburgh Savings Bank,
incorporated in 1851. The first fire insurance company (the Brooklyn)
was contemporaneous with the first bank. The Long Island Insurance
Company was organized in 1833. In 1893 four insurance companies had
their home offices in Brooklyn; there were twenty-three banks of
deposit, fourteen savings banks, four safe deposit companies, seven
trust companies, four title guarantee companies, and four savings
institutions. In the same year there were about one hundred and ten
strictly local securities.
APPENDIX
I
FRANCIS LEWIS[54]
One of the names ever to be remembered in the history of Brooklyn, and
of the State and country, is that of Francis Lewis, who was an ardent
patriot, and sacrificed his all to secure the independence of the
colonies. As he resided for more than twenty years on Long Island, he
can justly be claimed as one of her sons, and as such richly deserves
a place in her history. Few men displayed so much zeal in the cause of
liberty, or evinced such readiness to endure the hardships which the
struggle necessarily entailed.
His career covered a period of fourscore years and ten. He spent
sixty-eight of these years in the New Netherlands,--forty-one of them
under the rule of England; seven years in the cause of the Revolution;
and twenty years as a citizen of the Republic of the United States,
upon whose banner he ever looked with pleasure and delight.
Born amidst the wilds of rocky Wales, in the town of Llandaff, in
1713, he possessed the sturdy endurance and perseverance for which the
ancient Britons, from whom he was descended, were proverbial. In such a
clime, and under such circumstances, he early learned to bear patiently
the privations of life, and thus was fitted and prepared for the great
work which characterized his eventful career.
Public-domain text, read in full here on John Shaqi.
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