January 2nd, 2009
Under his skillful management his business grew rapidly; but he avoided speculation, and confined himself to legitimate commerce. He was plain and simple in his habits, carrying this trait to an extreme long after economy had ceased to be necessary to him. He worked hard, indulged in no pleasures except horseback exercise and the theater, [...]
January 2nd, 2009
Mr. Francis, in his Old Merchants of New York, makes the following revelation of the manner in which Mr. Astor found it possible to carry on such an immense business. He says:
“A house that could raise money enough, thirty years ago, to send $260,000 in specie, could soon have an uncommon capital; and this was [...]
January 3rd, 2009
In 1810, he sold a lot near Wall Street for eight thousand dollars. The price was so low that a purchaser for cash was found at once, and this gentleman, after the sale, expressed his surprise that Mr. Astor should ask only eight thousand for a lot which in a few years would sell for [...]
January 3rd, 2009
The most important of all of Mr. Astor’s undertakings was his effort at founding the settlement of Astoria, on the coast of Oregon. This enterprise has been made so familiar to the majority of readers by the pen of Washington Irving, that I can only refer to it here. “His design,” says a writer of [...]
January 3rd, 2009
A company was formed, at the head of which stood Mr. Astor, and an elaborate and carefully-arranged plan of operations prepared. Two expeditions were dispatched to the mouth of the Columbia, one by land and the other by sea. Many hardships were encountered, but the foundation of a settlement was successfully made on the Columbia. [...]