January 5th, 2009
Great Fortunes: Alexander T. Stewart Part 7
There can be no doubt that he would have been the best Secretary that could have been placed at the head of the Treasury. His great financial experience and his unquestioned ability were better qualifications than those possessed by any politician in the land. Perhaps the best proof of [...]
January 5th, 2009
Great Fortunes: Alexander T. Stewart Part 8
The accounts of each department are kept separate, and the sales of each for the day constitute a separate return. These sales will average something like the following figures:
Silks
$15,000
Dress goods
6,000
Muslins
3,000
Laces
2,000
Shawls
2,500
Suits
1,000
Calicoes
1,500
Velvets
2,000
Gloves
1,000
Furs
1,000
Hosiery
600
Boys’ clothing
700
Notions
600
Embroideries
1,000
Carpets
5,500
The total daily receipts average $60,000, and have been known to amount to $87,000.
Salaries of subordinate clerks range [...]
January 5th, 2009
Great Fortunes: Alexander T. Stewart Part 9
As fast as the sales are made, the articles, unless taken away by the purchaser, are sent to the parcel desk, which is located in the cellar. This is the busiest department in the house, and one of the most important. Each order is accompanied by a ticket stating [...]
January 5th, 2009
Great Fortunes: Alexander T. Stewart Part 10
The retail store contains fabrics of every description and price. The wife of a millionaire can gratify her fancy here to its utmost limit, while the poor sewing-girl can obtain her simple necessities at the same price which is demanded for them from the rich. In the shawl department, [...]
January 6th, 2009
AMOS LAWRENCE was born at Groton, Massachusetts, on the 22d of April, 1786. His ancestor came of a good English family, and was one of the company which sailed from England for the New World under Governor Winthrop, in 1630, and which, according to Grahame, contained “several wealthy and high-born persons, both men and women, [...]