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
Fletcher, it would seem, had carried on a brisk traffic in creating by a
stroke of the quill powerfully rich families by simply granting them
domains in return for bribes.
Captain John R. N. Evans had been in command of the royal warship
Richmond. An estate was his fervent ambition. Fletcher's mandate gave
him a grant of land running forty miles one way, and thirty another, on
the west bank of the Hudson. Beginning at the south line of the present
town of New Paltry, Ulster County, it included the southern tier of the
now existing towns in that picturesque county, two-thirds of the fertile
undulations of Orange County and a part of the present town of
Haverstraw. It is related of this area, that there was "but one house on
it, or rather a hut, where a poor man lives." Notwithstanding this lone,
solitary subject, Evans saw great trading and seignorial possibilities
in his tract. And what did he pay for this immense stretch of
territory? A very modest bribe; common report had it that he gave
Fletcher L100 for the grant.[16]
Nicholas Bayard, of whom it is told that he was a handy go-between in
arranging with the sea pirates the price that they should pay for
Fletcher's protection, was another favored personage. Bayard was the
recipient of a grant forty miles long and thirty broad on both sides of
Schoharie Creek. Col. William Smith's prize was a grant from Fletcher of
an estate fifty miles in length on Nassau--now Long Island. According to
Bellomont, Smith got this land "arbitrarily and by strong hand." Smith
was in collusion with Fletcher, and moreover, was chief justice of the
province, "a place of great awe as well as authority." This judicial
land wrester forced the town of Southampton to accept the insignificant
sum of L10 for the greater part of forty miles of beach--a singularly
profitable transaction for Smith, who cleared in one year L500, the
proceeds of whales taken there, as he admitted to Bellomont.[17] Henry
Beekman, the astute and smooth founder of a rich and powerful family,
was made a magnate of the first importance by a grant from Fletcher of a
tract sixteen miles in length in Dutchess County, and also of another
estate running twenty miles along the Hudson and eight miles inland.
This estate he valued at L5,000.[18] Likewise Peter Schuyler, Godfrey
Dellius and their associates had conjointly secured by Fletcher's
patent, a grant fifty miles long in the romantic Mohawk Valley--a grant
which "the Mohawk Indians have often complained of". Upon this estate
they placed a value of L25,000. This was a towering fortune for the
period; in its actual command of labor, necessities, comforts and
luxuries it ranked as a power of transcending importance.
Public-domain text, read in full here on John Shaqi.
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