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
Such were the laws made by the propertied classes. But they were not
all. When a convict was released, the law allowed only three dollars to
be given him to start anew with. "To starve or to steal is too often the
only alternative," wrote John W. Edmonds, president of the New York
board of prison inspectors in 1844.[132] If the released convict did
steal he was nearly always sent back to prison for life.
Equally severe in their way were the laws applying to mendicants and
vagrants. Six months or a year in the penitentiary or workhouse was the
usual sentence. After the panic of 1837, crime, mendicancy, vagrancy and
prostitution tremendously increased, as they always do increase after
two events: war, which, when over, turns into civil life a large number
of men who cannot get work; and panics which chaotically uproot
industrial conditions and bring about widespread destitution. Although
undeniably great frauds had been committed by the banking class, not a
single one of that class went to jail. But large numbers of persons
convicted of crimes against property, and great batches of vagrants were
dispatched there, and also many girls and women who had been hurled by
the iron force of circumstances into the horrible business of
prostitution.
These were some of the conditions in those years. Let it not, however,
be supposed that the traders, bankers and landowners were impervious to
their own brand of sensibilities. They dressed fastidiously, went to
church, uttered hallelujahs, gave dainty receptions, formed associations
to dole out alms and--kept up prices and rents. Notwithstanding the
general distress, rents in New York City were greater than were paid in
any other city or village upon the globe.[133]
FOOTNOTES:
[112] Hammond's "Political History of the State of New York," 1:129-130.
[113] Journal of the [New York] Senate and Assembly, 1803:351 and 399.
[114] Ibid., 1812:134.
[115] Ibid., 1812:259-260. Frequently, in those days, the giving of
presents was a part of corrupt methods.
[116] "The members [of the Legislature] themselves sometimes
participated in the benefits growing out of charters created by their
own votes; ... if ten banks were chartered at one session, twenty must
be chartered the next, and thirty the next. The cormorants could never
be gorged. If at one session you bought off a pack of greedy lobby
agents ... they returned with increased numbers and more voracious
appetite."--Hammond, ii:447-448.
[117] Journal of the [New York] Senate, 1824:1317-1350. See also Chap.
VIII, Part II of this work.
[118] "Letter and Authentic Documentary Evidence in Relation to the
Trinity Church Property," etc., Albany, 1855. Hoffman, the best
authority on the subject, says in his work published forty-five years
ago: "Very extensive searches have proved unavailing to enable me to
trace the sources of the title to much of this upper portion of Trinity
Church property."--"State and Rights of the Corporation of New York,"
ii:189.
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