Old Buildings of New York, With Some Notes Regarding Their Origin and OccupantsAnonymous
History
Old Buildings of New York, With Some Notes Regarding Their Origin and Occupants
Anonymous
Historic buildings -- New York (State) -- New York
Peter Cooper was born in New York in 1791. His father being a man of
small means, he was at an early age put into business and contributed
to the support of his family.
He entered into the manufacture of glue and soon became the best-known
maker of that commodity. In 1828, when thirty-seven years of age, he
had acquired considerable wealth and was enabled to buy three thousand
acres of land within the limits of the city of Baltimore. Here he built
the great Canton Iron Works, and the entire investment soon proved
extremely successful. About the year 1830 he built, at the West Point
Foundry, N. Y., the first locomotive constructed in the United States
for actual service. Not long after he disposed of the Canton Iron Works
and erected enormous iron works at the city of Trenton, N. J. The firm
was a pioneer in the successful manufacture of iron and became one of
the largest of the kind in the country.
Mr. Cooper made many inventions in connection with this business.
He became associated with Cyrus W. Field in his efforts to lay the
Atlantic Cable, and the final success of that enterprise was in great
measure due to his coöperation. Mr. Cooper is perhaps best known as the
founder of the Cooper Institute, of which he commenced the construction
as early as 1853. The objects of this institution were to furnish free
schools in art and science and a free reading room and to provide free
lectures on scientific, artistic, and social subjects. Mr. Cooper died,
universally respected, in 1883.
Abram S. Hewitt, a native of Rockland County, N. Y., was the son-in-law
of Peter Cooper, and to him, in partnership with his son Edward
Cooper, he transferred that branch of his business connected with the
manufacture of iron. Mr. Hewitt was a man much interested in the great
social problems, being no mere theorist but a man ready to sacrifice
his own interests to the well being of his dependents.
It is a fact that for forty years the business at Trenton was carried
on with absolutely no profit beyond the amount necessary to pay the
wages of the three thousand men employed and the regular expenses
of the establishment. He stated at one of the meetings of the
Congressional Committee on the grievances of labor that from 1873 to
1879 the business was carried on at a loss of one hundred thousand
dollars a year. Of course, one object was to continue the business and
to prevent the deterioration of the plant, but the firm also aimed to
avoid throwing such a large body of men out of employment, although at
times they were placed on half pay.
Public-domain text, read in full here on John Shaqi.
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