Great Fortunes, and How They Were Made — John Shaqi
Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
The grape interest of the United States--Growing demand for American
wines--Instrumentality of Mr. Longworth in producing this success--Early
life of Mr. Longworth--Apprenticed to a shoemaker--Removes to South
Carolina--Returns to Newark and studies law--Removes to
Cincinnati--Admitted to the bar--His first case--Is paid in whisky
stills, and trades them for lands which make his fortune--Rapid growth
of Cincinnati--The oldest native inhabitant of Chicago--Longworth's
investments in real estate--Immense profits realized by him--His
experiments in wine growing--History of the Catawba grape--Longworth
decides to cultivate it entirely--His efforts to promote the grape
culture in the Ohio Valley--Offers a market for all the grape juice that
can be brought to him--The result of his labors seen in the Ohio
vineyards of to-day--His wine cellars--Amount of wine made annually by
him--The process used--How "Sparkling Catawba" is made--Longworth's
experiments with strawberries--His liberality--Gift of land to the
Observatory--His challenge to a grumbler--Estimate of his character--His
eccentricities--His generosity to his tenants--How he made money by
helping others to grow rich--His politics--How he subscribed one hundred
dollars to elect Clay--His hatred of vagabondage--His stone quarry--How
he provided it with laborers--His system of helping the poor--Is charged
with stinginess--The "devil's poor"--Personal appearance--The
"Hard-times" overcoat--Charity to a millionaire--Death of Mr. Longworth.
CHAPTER VIII.
GEORGE PEABODY.
Birth and parentage--Early education--His first lessons in business--An
apprentice in a country store--Youthful ambition--A desire for
change--The visit to Post Mills--Removal to Newburyport--Reasons for his
attachment to that place--His first patron--Peabody goes south--A
soldier in the War of 1812-15--A young merchant--A change of
prospects--A partner in the house of Riggs & Peabody--Peabody's business
capacity--An irregular banker--His reputation as a business
man--Promising opening of a brilliant career--Retirement of Mr.
Riggs--Growth of the business--A branch house in London--Mr. Peabody
saves the credit of the State of Maryland--Tribute from Edward
Everett--Success in London--A model American merchant--Establishment of
the house of George Peabody & Co.--The Fourth of July dinner--The
exhibition of 1851--Patriotism of Mr. Peabody--How he saved the United
States from humiliation--Admission of the "London Times"--Mr. Peabody's
business habits--His economy--Adventure with a conductor--Finds a
conscientious hackman--Personal simplicity--Visits to the United
States--His munificent donations--His last visit--Returns to London and
dies--Honors paid to his memory--The funeral ceremonies--His burial at
Peabody--Statement of his donations and bequests--His example
encouraging to the young.
II. CAPITALISTS.
CHAPTER IX.
CORNELIUS VANDERBILT.
Public-domain text, read in full here on John Shaqi.
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