Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
He is the father of thirteen children--nine daughters and four
sons--nearly all of whom are still living. A few years ago, at the
celebration of his golden wedding, over one hundred and forty of his
descendants and relatives assembled to congratulate him. He lost a
promising son during the war, and his wife died two years ago. Not long
since he married a second time. He is still one of the handsomest and
most imposing men in New York, and will doubtless live to see his
children's grandchildren.
[Footnote A: In July, 1870, Mr. Vanderbilt chanced to hear that the Rev.
Dr. Deems, of New York, was in want of a church. Admiring the energy
with which the reverend gentleman had built up his congregation in the
short space of three years, Mr. Vanderbilt quietly made up his mind that
he should not want in vain. Accordingly he bought the Mercer Street
Presbyterian Church, and made the Doctor a present of it, keeping him in
ignorance of his intention until he placed the title deeds in his hand.]
CHAPTER X.
DANIEL DREW.
The name of DANIEL DREW has so long been familiar in the financial
circles of the country, that it is surprising that the history of his
life is not more generally known.
He was born at Carmel, in Putnam County, New York, on the 29th of July,
1797. His father was a small farmer, with limited means, and had to work
hard to provide his family with food and clothing. Young Daniel was
brought up to work on the farm, and at such times as he could be spared
from this work, was sent to the country school in the neighborhood,
where he acquired but a meager stock of learning. When he was fifteen
years old, his father died, leaving his family in an almost helpless
condition. Young Daniel remained on the farm three years longer, and in
1815, being then eighteen years old, stared out to try and earn a living
for himself.
He came to New York in search of employment, but the country, just then,
was in too depressed a condition to afford him a chance in any regular
business. After looking around for awhile, he at length became a cattle
drover. He spent five years in driving cattle from Putnam County to New
York for sale, but failed to make any money at the business.
In 1820, he removed to New York, and established his headquarters at
the famous Bull's Head Tavern, in the Bowery, which was the great resort
of the butchers and drovers doing business in the city. He kept this
tavern a part of the time, and found it quite a profitable investment.
He soon formed a partnership with two other drovers, and commenced
buying cattle in the adjoining counties and bringing them to New York
for sale.
[Illustration: FOUNDING A GREAT FORTUNE]
Public-domain text, read in full here on John Shaqi.
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