Zachariah Chandler: An Outline Sketch of His Life and Public Services
History
Zachariah Chandler: An Outline Sketch of His Life and Public Services
Chandler, Zachariah, 1813-1879; United States -- Politics and government
During his active business life no Northwestern merchant surpassed
Mr. Chandler in credit, in enterprise, or in success, and he left the
counter and office of his store with wealth and with an unsullied
mercantile character. His commercial integrity and sagacity always
remained among his marked characteristics. He made profitable
investments, became interested in remunerative enterprises, and, while
he lived generously after his income warranted it, saw his riches
steadily increase under prudent and shrewd management. At the time of
his death, his estate which was absolutely unincumbered was roughly
estimated as exceeding, at the least, two millions, representing
valuable business property in Detroit, several farms, large tracts of
timbered lands, the marsh farm at Lansing, residences in Washington and
Detroit, bank stock, government and other securities, and investments
in railroad and like enterprises. His business habits remained in full
vigor to the last. He was punctuality itself in all appointments; he
was rigid in his adherence to his engagements; he hated debt, and never
permitted the second presentation of an account; he did business on
business principles and with business exactitude; he spent money freely
but knew where and for what it went; and always his counsel was sought
and prized by men engaged in enterprises of the largest magnitude.
Without being ostentatious or profuse in his charities he was a large
giver, rarely refusing a meritorious application for aid, but he
invariably satisfied himself that the object was worthy, and put a
heartiness into his "no" when a refusal seemed to him to be in order.
Public-domain text, read in full here on John Shaqi.
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