Struggles and Triumphs: or, Forty Years' Recollections of P. T. BarnumBarnum, P. T. (Phineas Taylor)
General
Struggles and Triumphs: or, Forty Years' Recollections of P. T. Barnum
Barnum, P. T. (Phineas Taylor)
Barnum, P. T. (Phineas Taylor), 1810-1891; Circus owners -- United States -- Biography
The people soon began to talk about Jenny Lind, and I was particularly
anxious to obtain a good portrait of her. Fortunately, a fine
opportunity occurred. One day, while I was sitting in the office of the
Museum, a foreigner approached me with a small package under his arm. He
informed me in broken English that he was a Swede, and said he was an
artist, who had just arrived from Stockholm, where Jenny Lind had kindly
given him a number of sittings, and he now had with him the portrait of
her which he had painted upon copper. He unwrapped the package, and
showed me a beautiful picture of the Swedish Nightingale, inclosed in an
elegant gilt frame, about fourteen by twenty inches. It was just the
thing I wanted; the price was fifty dollars, and I purchased it at once.
Upon showing it to an artist friend the same day, he quietly assured me
that it was a cheap lithograph pasted on a tin back, neatly varnished,
and made to appear like a fine oil painting. The intrinsic value of the
picture did not exceed thirty-seven and one half cents!
After getting together all my available funds for the purpose of
transmitting them to London in the shape of United States bonds, I found
a considerable sum still lacking to make up the amount. I had some
second mortgages which were perfectly good, but I could not negotiate
them in Wall Street. Nothing would answer there short of first mortgages
on New York or Brooklyn city property.
I went to the president of the bank where I had done all my business for
eight years. I offered him, as security for a loan, my second mortgages,
and as an additional inducement, I proposed to make over to him my
contract with Jenny Lind, with a written guaranty that he should appoint
a receiver, who, at my expense, should take charge of all the receipts
over and above three thousand dollars per night, and appropriate them
towards the payment of my loan. He laughed in my face, and said: “Mr.
Barnum, it is generally believed in Wall Street, that your engagement
with Jenny Lind will ruin you. I do not think you will ever receive so
much as three thousand dollars at a single concert.” I was indignant at
his want of appreciation, and answered him that I would not at that
moment take $150,000 for my contract; nor would I. I found, upon further
inquiry, that it was useless in Wall Street to offer the “Nightingale”
in exchange for Goldfinches. I finally was introduced to Mr. John L.
Aspinwall, of the firm of Messrs. Howland & Aspinwall, and he gave me a
letter of credit from his firm on Baring Brothers, for a large sum on
collateral securities, which a spirit of genuine respect for my
enterprise induced him to accept.
Public-domain text, read in full here on John Shaqi.
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