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
"They cover the business of the Northern Department from 1817 to 1835,
and consist of six folio volumes of about 1,000 pages each, in two stout
traveling cases, fitted with compartments, lock and key. It is said that
these books were missing for nearly seventy-five years, and recently
escaped destruction by the merest accident.
"The first entry is April 1, 1817. There are two columns, one for
British and the other for American money. An entry, May 3, 1817, shows
that Lewis Cass, then Governor of Michigan Territory and afterward
Democratic candidate for the Presidency against Gen. Zachary Taylor, the
successful Whig candidate, took about $35,000 of the Astor money from
Montreal to Detroit, in consideration of something which is not set
down."
CHAPTER III
THE GROWTH OF THE ASTOR FORTUNE
While at the outposts, and in the depths, of the Western wilderness an
armed host was working and cheating for Astor, and, in turn, being
cheated by their employer; while, for Astor's gain, they were violating
all laws, debauching, demoralizing and beggaring entire tribes of
Indians, slaying and often being themselves slain in retaliation, what
was the beneficiary of this orgy of crime and bloodshed doing in New
York?
For a long time he lived at No. 223 Broadway in a large double house,
flanked by an imposing open piazza supported by pillars and arches. In
this house he combined the style of the ascending capitalist with the
fittings and trappings of the tradesman. It was at once residence,
office and salesroom. On the ground floor was his store, loaded with
furs; and here one of his sons and his chief heir, William B. could be
seen, as a lad, assiduously beating the furs to keep out moths. Astor's
disposition was phlegmatic and his habits were extremely simple and
methodical. He had dinner regularly at three o'clock, after which he
would limit himself to three games of checkers and a glass of beer. Most
of his long day was taken up with close attention to his many business
interests of which no detail escaped him. However execrated he might be
in the Indian territories far in the West, he assumed, and somewhat
succeeded in being credited with, the character of a patriotic,
respectable and astute man of business in New York.
ASTOR SUPERIOR TO LAW.
During (taking a wide survey) the same series of years that he was
directing gross violations of explicit laws in the fur-producing
regions--laws upon the observance of which depended the very safety of
the life of men, women and children, white and red, and which laws were
vested with an importance corresponding with the baneful and bloody
results of their infraction--Astor was turning other laws to his
distinct advantage in the East. Pillaging in the West the rightful and
legal domain, and the possessions, of a dozen Indian tribes, he, in the
East, was causing public money to be turned over to his private treasury
and using it as personal capital in his shipping enterprises.
Public-domain text, read in full here on John Shaqi.
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