History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial TimesMyers, Gustavus
History
History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial Times
Myers, Gustavus
United States -- Economic conditions; Wealth -- United States
[97] Senate Documents, First Session, 22nd Congress, 1831-33, Vol. iii,
Doc. No. 139.
[98] "No inventor," reported the United States Commissioner of Patents
in 1858, "probably has ever been so harassed, so trampled upon, so
plundered by that sordid and licentious class of infringers known in the
parlance of the world, with no exaggeration of phrase as 'pirates.' The
spoliation of their incessant guerilla upon his defenseless rights have
unquestionably amounted to millions."
[99] Doc. No. 134, Twenty-fourth Congress, 2d Session, Vol. ii.
[100] Doc. 129, State Papers, 1819-21, Vol. ii.
[101] See Part I, Chapter II.
[102] "Allowed itself." The various New York legislatures from the end
of the eighteenth century on were hotbeds of corruption. Time after time
members were bribed to pass bills granting charters for corporations or
other special privileges. (See the numerous specific instances cited in
the author's "History of Tammany Hall," and subsequently in this work.)
The Legislature of 1827 was notoriously corrupt.
[103] Journal of the [New York] Senate, 1815:216--Journal of the [New
York] Assembly, 1818:261; Journal of the Assembly, 1819. Also "A
Statement and Exposition of The Title of John Jacob Astor to the Lands
Purchased by him from the surviving children of Roger Morris and Mary,
his Wife"; New York, 1827.
[104] MSS. Minutes of the (New York City) Common Council, xvi:239-40 and
405.
[105] Ibid., xx: 355-356.
[106] MSS. Minutes of the Common Council, xiii: 118 and 185.
[107] MSS. Minutes of the Common Council, xvii: 141-144. See also Annual
Report of Controller for 1849, Appendix A.
[108] MSS. Minutes of the Common Council, xviii: 411-414.
[109] Doc. No. 33, Documents of the Board of Aldermen, xxii:26.
[110] Proceedings of the Board of Aldermen, 1832-33, iv: 416-418.
[111] Controller's Reports for 1831:7. Also Ibid. for 1841:28.
CHAPTER IV
THE RAMIFICATIONS OF THE ASTOR FORTUNE
Astor flourished at that precise time when the traders and landowners,
flushed with revenues, reached out for the creation and control of the
highly important business of professionally dealing in money, and of
dictating, personally and directly, what the supply of the people's
money should be.
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