Money-making men; or, how to grow richRitchie, J. Ewing (James Ewing)
General
Money-making men; or, how to grow rich
Ritchie, J. Ewing (James Ewing)
Rich people -- Biography
by a sabre-stroke across the breast, he at the same time killing his
assailant by a pistol-shot. The following year Mr. Lindsay retired from
the sea, and, in 1841, was appointed agent for the Castle-Eden Coal
Company. He was mainly instrumental in getting Hartlepool made an
independent port, and rendered material assistance in the establishment
of its docks and wharves. In 1845, he removed to London, and laid the
foundation of that extensive business which now entitles him to
recognition as one of the “merchant princes” of the metropolis. Nor,
amid all the bustle and occupation of a busy life, did Mr. Lindsay lose
sight of his mental improvement. Devoting his spare evening hours, which
thousands waste in idleness or dissipation, to self-instruction, he
speedily overcame the defects of his early education, and stored his mind
with a variety of sound information, which has been of essential service
to him in his subsequent career. In proof how profitably he employed
these hours of study, it may be stated that he has published various
pamphlets and letters on questions connected with the shipping interest,
in which he himself holds so large a stake; as well as a more important
work, entitled “Our Navigation and Mercantile Marine Laws.” No sooner
was his position as one of the largest shipowners and shipbrokers in the
kingdom achieved, than he resolved to get into parliament. He contested
Monmouth in April, and Dartmouth in July, 1852, in both of which he was
beaten by aristocratic influence, and the unsparing use of other means of
corruption. Undaunted by these defeats, and determined to succeed at
last, even if twenty times defeated, and to succeed, too, by purity and
principle alone, he became a candidate for Tynemouth in March, 1854, and,
after a severe struggle, was elected by a narrow majority of seventeen.
In 1857, he was again elected without opposition. When engaged in the
contest at Dartmouth, Mr. Lindsay gave the electors an account of his
career and his commercial position, which shows, in a striking light, the
magnitude of the operations of a large mercantile establishment. He
then, it appeared, owned twenty-two large first-class ships; and, as an
underwriter, he had, in his individual capacity, during the past year,
insured risks to the amount of £2,800,000. In the conduct of their
extensive export trade, the firm of W. S. Lindsay and Co., of Austin
Friars, ship and insurance brokers, of which he is the head, had, during
the same year, chartered 700 ships to all parts of the world, but
principally in India and the Mediterranean, and, as contractors, had
shipped 100,000 tons of coals, and 150,000 tons of iron; whilst, as
brokers, during the year of famine, their operations extended to
1,000,000 quarters of grain. Mr. Lindsay took part in the formation of
the Administrative Reform Association; and being present at the
initiatory meeting at the London Tavern, proposed one of the resolutions
Public-domain text, read in full here on John Shaqi.
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