The Continental Monthly, Vol. 2, No. 2, August, 1862: Devoted to Literature and National PolicyVarious
History
The Continental Monthly, Vol. 2, No. 2, August, 1862: Devoted to Literature and National Policy
Various
Literature, Modern -- 19th century -- Periodicals; United States -- Politics and government -- 19th century -- Periodicals
The Stuyvesant farm was a vast but unprofitable tract of marshes in the
eastern part of New-York, but now covered by serried blocks, and among
the most densely populated portions of the city. Forty years ago, these
marshes were favorite skating-fields in winter, and here a lad was at
that time actually drowned by the breaking of the ice. Being out of
town, the drier portions were converted into an American Tyburn, and
here the murderer Johnson was hanged. Such were the Stuyvesant meadows,
whose worthless wastes have been raised to immense value by the growth
of the city.
Among those of our city capitalists who are more identified with general
benevolence, the names of Stuart and Lenox are chief. Messrs. Stuart are
two brothers, who are largely engaged in refining sugars, and who have
in this business made large sums. The concern originated in a small
shop, where, some fifty years ago, a Scotchwomen sold candy, with her
two boys as clerks. Instead of that little candy-shop, there stands on
the same spot an enormous refinery, whose operations employ hundreds of
hands, and whose purchases are by cargoes. What would the worthy mother
say to this transformation of her shop, as by some act of magic? But it
is the magic of industry and enterprise. The Stuarts use their wealth
with judicious liberality, and evidently mean that the world shall be
better for their living in it. Their contributions are large, and their
opportunities are great, for be it remembered, such men are under
incessant solicitation. Indeed, there are few things more fatal to one's
peace than a reputation for liberality, which lays one open to a siege
of begging faces and an inundation of begging letters, whose demands
would exhaust all resources. It is our opinion that, avoiding
ostentation on the one hand and importunity on the other, the Stuarts
contribute conscientiously to every worthy enterprise, in a proportion
corresponding to their profits.[5]
The name of Lenox appears among some of the early Scotch emigrants, such
as the Irvings, Masons, Douglases, Grahams, etc. Robert Lenox became a
distinguished New-York merchant. His profits were wisely invested in
land, and this became very valuable. His only son, James, inherited the
larger portion of this estate, whose increasing value made him a
millionaire, and in its use, he has exhibited a remarkable benevolence.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account