The Romance and Tragedy of a Widely Known Business Man of New YorkRussell, William Ingraham
General
The Romance and Tragedy of a Widely Known Business Man of New York
Russell, William Ingraham
Businessmen -- New York (State) -- New York -- Biography; Russell, William Ingraham
At this time I was seeking no favors from friends except in
one little matter in which I was assisted by George Todd and Will
Curtice. They were not called upon for financial aid, but they
guaranteed my carrying out an agreement which made them jointly liable
to the extent of four thousand dollars. I fulfilled my obligation
and then returned their guarantee.
The spirit shown by the tradespeople with whom I had dealings touched
me deeply. I had always been prompt in the settlement of bills and
immediately after my failure every account of this character was
paid at once. Of course we immediately cut off all unnecessary
expense.
King, the well-known up-town fish dealer, had been serving
us oysters and fish regularly each day. We were through now with
course dinners and these items were cut out. The next day I received
a letter from him, from which I quote:
"I want your trade if it's only a pound of codfish a week, and you
can pay once a month, once a year, or whenever it pleases you."
Then there was old Tom Ward, the coal dealer. I had in my cellar
about thirty tons of coal and I called at his office to get him to
send for it and pay me what he could afford to. As I entered the
door he sprang forward with outstretched hand, saying, "Mr. Stowe,
I am glad to see you, and I want to say you're the whitest little
man on the West Side, and I have a few hundred dollars in the bank.
If you want them you're welcome to them." My tailor, with whom
I had traded for a great many years, told me I could always have
anything in his shop and no bills would be rendered until asked
for. And so it was with all.
Of the house on Eighty-sixth Street, I had a lease at three
thousand dollars a year. My landlord, Mr. W. E. D. Stokes, told
me to "remain until the end of the lease and not bother about the
rent." I accepted this offer for one month. The Misses Ely, where
the girls attended school, called on my wife and asked her to
continue the girls for the rest of the school year without charge.
The larger tradesmen, such as Tiffany, Altman; Arnold, Constable,
and the like, all wanted our account kept on their books, but we
were through with the pomps and vanities and had no use for them.
My coachman offered me his savings and with the house servants it
was the same.
Before the end of January arrangements had been completed for
our new scale of living. The horses and carriages, representing
an investment of ten thousand dollars, I sold for less than two
thousand. There was no time to look for buyers and I made a forced
sale. Of the contents of our home we sold nothing except a panoply
of armor and one piece of bronze. These, Mrs. Veidler, who had
always admired them, bought, and added to the appointments of her
Fifth Avenue home.
At Westfield, N. J., we were offered a large house with modern
conveniences, well-stocked conservatory, and attractive grounds,
at a rental of fifty dollars per month. This we accepted, and on
the eighth of February took possession.
Public-domain text, read in full here on John Shaqi.
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