The History of Louisville, from the Earliest Settlement till the Year 1852Casseday, Ben
History
The History of Louisville, from the Earliest Settlement till the Year 1852
Casseday, Ben
Louisville (Ky.) -- Description and travel; Louisville (Ky.) -- History
All departments of business in Louisville are transacted upon a very large
scale. It is perhaps the greatest fault in the commercial character of the
city that everything is conducted upon too large a scale. There is, to
use a painter's phrase, too much of outline and too little in detail. The
wealth and importance of cities depends less upon the great than upon the
small dealers and manufacturers; these latter are content with doing each
a small and careful business which may gradually rise to be of vast
extent, and which will thus really improve and profit the city more than
the mighty efforts of the large dealer. In Louisville, however, none are
contented to do a little business. The feeling seems to exist that
mercantile or manufacturing pursuits are respectable just in proportion to
the capital employed in them, and the desire of every one seems to be to
attain a high point of respectability. Louisville greatly lacks that class
of inhabitants, so useful to a city, who are content to attain wealth by
careful and laborious means, who can commence with the basket of apples
and gradually work up to the proud proprietorship of extensive ware-houses
or factories. There is everywhere prevalent among those who should seek to
rise gradually, a desire to place themselves at once in a rank with the
largest dealers. It is the small dealer and the small manufacturer, who is
content to rise by his own efforts, unaided by factitious means of any
sort, who is needed here. There is abundant room and abundant work for
such, their advent is courted; and, if they will avoid the characteristic
desire for extensive business relations and be content to seek their
fortunes by pains-taking progress, their success is infallibly certain.
It has already been remarked that the aggregate amount of sales in any one
department of business divided by the number of houses engaged in that
business would show a very large result. In this statement reference is
had only to those exclusively wholesale houses, whose sales are made to
dealers. No exclusively retail houses of any sort are placed in the
enumeration, though the sales of many of the retail stores would fully
equal, if indeed they did not exceed, some of the wholesale houses. The
difficulty of reaching any proper account of the retail business will,
however, prevent any notice being taken of it in this volume.
Public-domain text, read in full here on John Shaqi.
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