The Journal of Negro History, Volume 6, 1921Various
History
The Journal of Negro History, Volume 6, 1921
Various
African Americans -- Periodicals
As evidences of this unusual progress of the Negroes there are many
instances of persons who gained wealth in spite of the various
handicaps. Many of the caterers and restaurant keepers of high order
of New York were Negroes, the most popular of whom being Thomas
Downing, the keeper of a restaurant under what is now the Drexel
Building, near the corner of Wall and Broad streets, New York
City.[22] Abner H. Frances and James Garrett, were formerly extensive
clothiers of Buffalo, New York, doing business to the amount of
$60,000 annually. They continued their enterprise successfully for
years, their credit being good for any amount of money they needed.
They failed in business in 1849 but thereafter adjusted the claims
against them.[23] Henry Scott and Company, of New York City, engaged
in the pickling business, principally confined to supplying
vessels.[24] Edward V. Clark, another business man of New York, had a
jewelry establishment requiring much capital. His name had, moreover,
a respectable standing even among the dealers of Wall Street.[25] Mr.
Huston kept for years an intelligence office in New York. He was
succeeded by Philip A. Bell, an excellent business man. Concerning it,
Austin Steward reported in his book entitled "_The Condition of the
Colored People_" that "his business is very extensive, being sought
from all points of the city by the first people of the community.[26]
Many other names may be mentioned. William H. Topp was one of the
leading merchant tailors of Albany, New York. Starting in the world
without aid he educated and qualified himself for business.[27] In
Penyan, Messrs. William Platt and Joseph C. Cassey were said to be
carrying on an extensive trade in lumber.[28]
Situated in the midst of a rapidly developing country the enterprises
of these free Negroes increased in importance every year. This was
especially true of the drug stores of Dr. James McCune Smith, on
Broadway, a Negro physician, who was practicing in New York City
during the thirties, and of the establishment of Dr. Philip White, on
Frankfort street. Many Negroes accumulated considerable wealth. Edward
Bidwell successfully operated during the period of 1827-40 two stores
on the main street of New York City, hoarding considerable money.
Austin Steward, still another instance of New York City, made
"handsome profits" from the sale of spirituous liquors. At one time he
said that no further exertion was necessary on his part to enjoy life,
or to better his economic condition. Finally, William Smith, a shrewd
sailor of New York, managed to accumulate considerable wealth.
The statistics of the census of 1850 give further evidences of this
general progress. Of the 50,000 free people of color in the State of
New York over 15 years of age in 1850, sixty were clerks, doctors and
lawyers and about 55 were merchants and teachers.[29] There were,
moreover:
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