Barnum did not trust the mail. He took his letter personally to Mr.
Olmsted’s door and left it with the servant. Soon he received an
appointment for an interview, in the course of which he persuasively
explained to Mr. Olmsted his past experience with Vauxhall Garden, the
traveling circus, and Joice Heth, and gave as references William Niblo,
Aaron Turner, Moses Y. Beach, of _The Sun_, and many other showmen
and newspaper men. He made arrangements for some of these men to call
on Mr. Olmsted the next day, and when Barnum saw his prospective
landlord again, Mr. Olmsted said, “I don’t like your references, Mr.
Barnum. They all speak too well of you. In fact, they all talk as
if they were partners of yours and intended to share the profits.”
Barnum was delighted. Mr. Olmsted then said that he was thinking of
carrying out Barnum’s scheme, and insisted that he must have the right
to appoint, at Barnum’s expense, a ticket-seller and accountant. It
was also agreed that Barnum should take an apartment for his wife and
children in the building adjoining the Museum for an additional rent
of $500 a year, making his total rent $3,000 each year, on a lease
of ten years. Mr. Olmsted was about ready to conclude the agreement.
There was only one small matter to settle; did Mr. Barnum own any small
piece of unencumbered real estate which he could offer as security?
Barnum thought of all his small holdings in Connecticut, but every
one that was worth anything was mortgaged to the extent of its value.
He saw his dream slipping away; and then he thought of Ivy Island. He
hesitated; Ivy Island was surrounded and largely covered with water,
and its main product was stunted ivies. The temptation was great. Mr.
Olmsted was already amply secured, in Barnum’s opinion, for Barnum
was confident of his ability to make the Museum a great success; why
shouldn’t he offer Ivy Island as security? He told Mr. Olmsted that he
had five acres of land in Connecticut free from all mortgages, but he
omitted to mention that no one would have given a mortgage on them. Mr.
Olmsted asked how much Barnum had paid for his land. It was a present
from his grandfather, Phineas Taylor, for taking his name. Mr. Olmsted
supposed that Barnum would be reluctant to part with such a piece of
property, because of its fond associations, and Barnum replied that he
did not expect to part with it, for he intended to make his payments
punctually. The security was accepted.
Public-domain text, read in full here on John Shaqi.
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