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R. M. (Richard Miller) Devens.

Cyclopaedia of commercial and business anecdotes; comprising interesting reminiscences and facts, remarkable traits and humors ... of merchants, traders, bankers ... etc. in all ages and countries ..

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ness occupations and resorts, the dwellings, the firesides, the traits of domestic
association, and other data, which go to make up the warp and woof of life.

Nor is it less instructive than pleasant, to be, as it were, introduced thus
familiarly to the companionship of men who have been or are distinguished in
the sphere occupied by them. If they be men of sterling and intrepid quali-
ties, it is a privilege to be made acquainted with the motives of their actions, to
follow them from their starting point, to mark the difficulties and opposition
they encountered in their struggle for advancement the energy and skill by
which they were overcome, and the courage that animated them to persevere in
their efforts. By their failures, also, warning is obtained of the various quick-
sands and dangers that beset the path of commercial life.

Thus considered, the lives of noted business men supply abundant and
striking material for the pen of the writer. It is true, that only here and there
does such a life present itself among that class so full of versatile and remark-
able experience as to afford substance for an elaborate and formal biography.
Such as the latter have sometimes been written, exhibiting a most frugal pro-
portion of kernel to shell mere rivulets of fact in meadows of verbiage, and
bringing positive discredit both upon the author and his subject. But, not-
withstanding this, there are very many characters which afford, respectively,
some trait, habit, or individuality, capable, when presented in a lively manner,
of furnishing entertainment and profit in the highest degree ; as the numberless
specimens here spread out before the reader will attest.

It may safely be asserted, that no character of fiction, made ever so dazzling
by the imagery of the novelist, presents to the mind such marvels as may be
found in the solid realities of experience pertaining to an Astor, a Rothschild,
a Lawrence, a McDonough, a De Medicis, a Girard, and their compeers, the
chronicles of w T hose great and unfaltering career loom up so conspicuously in
these pages. Nor is the mind less startled at the history of the magnificent suc-
cess of a Morris, a Law, a Lafitte, a Goldschmid, a Fordyce, a Hudson, and



INTRODUCTION.



others, and their subsequent downfall and ruin. Not only are such narratives
adapted to intellectually impress to captivate, to excite, to confound, to arouse
to wonderment, to amuse but they may be made subservient to positive profit ;
in business parlance, they may " be made to pay ! " An aquaintance with the
ways and means which have characterized the career of successful business men
their apt sayings, or more apt silence ; their penetration of human character,
and art of imperceptibly influencing its sensibilities and moods- to their own ends ;
their genial sallies and happy repartees ; their shrewd plans, skilful combina-
tions, ingenious finesse, and general modus operandi of " turning a trade ;" such
an acquaintance cannot but be a capital desideratum to all who move in a kin-
dred path.

The plan which has been adopted of dividing the contents of this work
into different sections, each devoted to a particular specialty, is one which will
enable the reader to strike easily at every salient point in the anecdotical field
of commerce and commercial character thus spread before him. Of the bear-
ings of the first department, we have already spoken ; the others admit, sev-
erally, of similar explanatory detail with respect to their prescribed object and
the illustrations afforded by their contents. But, not to attempt to specifically
portray or analyze the features of each department by itself, into which this
volume is divided the fascinating data which open up in the memorials cf
world-renowned merchants, bankers, and millionnaires the arts and humors of
money dealing the captivating examples of success based on the practice of
the more rigid qualities the low craft and bold criminalities both of ancient
and modern traffic the whims and ingenuities of business phraseology the
unique thoughts and things pertaining to commercial transit the curious phe-
nomena of trade and merchandise in their legal bearings the exhibition of the
private or domestic side of mercantile characters the novelties and erratic expe-
dients characteristic of bargain makers in different countries the vagaries
and hazards of insurance the incidents of clerk life, shop experience, &c., to-
gether with the variegated jottings of trade and its votaries, as related to " the
rest of mankind;" without attempting to depict the results, or point out the
peculiar entertainment presented by each one of these, separately, it may be
remarked, in conclusion, that perhaps the portion of this volume which ex-
hibits the phenomena of commercial dealings in their most extraordinary de-
velopments, is comprised in the recital of the manias, bubbles, panics, and
delusions, which have from time to time swept the business world like a tor-
nado, carrying before it the verdant like chaff, and ultimately the most sagacious
and wary.

Now that those delusions are past, it is difficult to conceive how mercantile
men could be led to entertain such visionary expectations, and to pay immense
premiums in distant and hazardous undertakings, of which they knew little or
nothing. A blind ardor seemed to take possession of men's minds ; every
rumor of a new project was taken at once as the presage of sudden and inex-
haustible wealth. People supposed they were forthwith to lay their hands on
treasure that waited simply their bidding. The rise, in many cases, exceeded
cent, per cent. Many who were most eager in pursuit of shares, intended only
to hold them for a few hours, days, or weeks, and then profit from the advance
which they anticipated would take place, by selling them to others more credu-
lous or bold than themselves. The confidence of one set of speculators con-
firmed that of others. Meanwhile, the indiscriminating rapacity of the public



Xiv INTRODUCTION.



was fed by every conceivable art. Madness ruled the hour. The poor and the
rich rushed wildly to invest their all ; and even mendicants rolled proudly, for
a while, in fictitious wealth ! But, as in all such cases since the world was, the
shadows of doubt began, in time, ominously to cast themselves athwart this
bright picture, and soon deepened into the dark and lurid clouds of stern real-
ity. People turned ashy pale. Consternation took the place of confidence, and
Panic spread out her spectral wings. Thus, one by one these airy bubbles ex-
ploded, leaving the wail of desolation, of gaunt despair, and of ghastly suicide,
in their fatal train. The pen of the romancer, in its most unrestrained flights,
would fail to equal, in startling wonders, the chronicles of commercial tragedy
which have their appropriate department in this volume.



ONTENTS.



PART I.

ANECDOTES AND REMARKABLE REMINISCENCES OF THE EAELT CA-
REER OF BUSINESS CELEBRITIES IN ALL AGES AND COUNTRIES..

ASTOR, ROTHSCHILD, OUVRARD, BATES, BARKER, TOURO, McDoNOGH, HOWQUA, GOLD-

SCHMID, HOPE, HOTTINGUER, COUTTS, MORRISON, DE MEDICIS, GlRARD, BlDDLE,

LABOUCHERE, LAFITTE, APPLETON, COOPER, GRESHAM, PEABODY, NOLTE, GRAY,
VANDERBILT, BEATTY, LAWRENCE, LOWELL, WHITNEY, GIDEON, BARING, MORRIS,
LORILLARD, STEIGLITZ, PERKINS, JEEJEEBHOY, BROOKS, LONGWORTH, ETC., ETC., ETC.



Appleton, Nathan, merchant, of Boston.. 32
Appleton, Samuel, merchant, of Boston.. 48
Appleton, William, merchant, of Boston 33
Astor, John Jacob, merchant, of New

York 47

Astor, William B., millionnaire, of New

York 39

Barings (The), bankers, of London 27

Barker, Jacob, merchant, of New Orleans 43
Barnum, P. T., " the Prince of Showmen,"

of New York 29

Bates, Joshua, of the house of Barings,

London 21

Beatty, James, merchant, of Baltimore. . . 23
Biddle, Nicholas, financier, of Philadel-
phia 26

Brooks, Peter C., millionnaire, of Boston 49
Bruck, M., Austria's great merchant

banker 7

Bussey, Benjamin, merchant, of Boston.. 15
Callaghan, Daniel, the Irish mercantile

celebrity 9

Child, Francis, founder of English bank-
ing houses 14

Coeur, Jacques, French merchant in the

Middle Ages 37

Cooper, Peter, merchant, of New York.. . 16
Cope, Thomas P., merchant, of Philadel-
phia 53

Corning, Erastus, merchant, of New York 51

Coutts, English banker 3

B



Dadabhoy Jeejeebhoy, Parsee banker and

merchant 41

De Buirette, the illustrious German mer-
chant 28

"Denison, Old Mr ," of St. Mary Axe.. . . 46
Dexter, Lord Timothy, eccentric mer-
chant, of Newburyport 20

Fish, Preserved, merchant, of New York 10

Forbes, William, Scotch banker 6

Fordyce, Alexander, the Shark of the Ex-
change 44

Fugger, Johannes, and the great commer-
cial family of Fuggers 15

Garrison, C. K., merchant, of San Fran-
cisco 40

Gideon, Sampson, the rival of Rothschild 18
Girard, Stephen, merchant and banker,

of Philadelphia 29

Goldschmid, Abraham and Benjamin, old

English bankers 38

Goodhue, Jonathan, merchant, of New

York 50

Gracie, Archibald, merchant, of New York 52
" Gray, Old Billy," merchant, of Boston . . 35
Gresham, Thomas, royal merchant and

financier, of London. 26

Haase, Henry Engelbert, banker, of Bre-
men 9

Herodotus, a merchant 41

Hogg, William, Pennsylvania millionnaire 41
Hope, Henry, banker, of Amsterdam. ... 13



XVI



CONTEXTS.



Howqua, senior Hong merchant 2

Jeejeebhoy, Jamsetjee, great Parsee mer-
chant 19

Khan, the celebrated Persian merchant. . IS
Labouchere, P. C., the youthful prince

merchant 2

Lafitte, Jacques, French banker 8

Lawrence, Abbott, merchant, of Boston. . 42

Lawrence, Amos, merchant, of Boston. . . 11
Lawrence, Cornelius W., merchant, of

New York 12

Leavitt, David, merchant, of New York. . 11

Lenox, James, merchant, of New York. . 11

Little, Jacob, " of Wall Street " 22

Lloyd, Jones, banker, of London 8

Longworth, Nicholas, milliounaire, of

Cincinnati 45

Lopez, Judah M., speculator in annuities 38

Lorillard, the New York tobacconist 46

Lowell, Francis C., merchant, of Boston 14
McDonogh, John, millionnaire, of New

Orleans 17

Medicis, Lorenzo de, "the magnificent

merchant," of Florence 12

Morgan, Edwin D., merchant, of New

York 31

Morris, Robert, financier, of Philadelphia 1

Morrison, James, " of Twenty Millions " 21



PAGB

Nolte, Vincent, the wandering merchant 19
" Old Billy Gray," merchant, of Bos-
ton 35

Ouvrard, G. J., "the Napoleon of finance" 52
Overend, John, pioneer bill broker, of

London 46

Peabody, George, merchant and banker,

of London 16

Perit, Pelatiab, merchant, of New York. . 37

Perkins, Thomas H., merchant, of Boston 50

Ricardo, David, English financier 33

Ridgway, Jacob, merchant, of Philadel-
phia 37, 54

Rothschilds (The), wealthiest bankers in

the world 23

Solomon, the merchant sovereign 7

" Spencer, Rich," merchant and banker,

of London 35

Steiglitz, richest of Russian merchants.. 7
Stewart, Alexander T., merchant, of New

York 30

Sturgis, William, merchant, of Boston.. 473

Tattersall, the London auctioneer 4

Touro, Judah, merchant, of New Orleans 34
Whitney, Stephen, merchant, of New

York 14

Wood, James, the Gloucester million-
naire 3



PAKT II.

ANECDOTES AND INCIDENTS OF BUSINESS PURSUITS IN THEIR MONEY

RELATIONS.

BANKS, BANKERS, BROKERS, SPECIE, NOTES, LOANS, EXCHANGE, DRAFTS, CHECKS, PUBLIC
SECURITIES, AND CURRENCY IN ALL ITS FORMS AND PHASES; WITH JOTTINGS OF THE
MOST CELEBRATED MILLIONNAIRES AND MONEY DEALERS THEIR BUSINESS MODES AND
CHARACTERISTICS, MAXIMS, COLLOQIUES, WIT, ECCENTRICITIES AND FINESSE.



"Accommodation" offered at the Bank. . 119
Addison's Opinion of the Royal Exchange

and its Frequenters 112

Albert Gallatin declining Mr. Baring's

Offer of a Fortune 115

An Excited Specie Hunter 97

Another Bank Project 72

Application for a Discount, by Astor 102

Astor's " Secret Pain " 88

Atchafalaya Currency by the Cord 75

Avoiding Specie Suspension 74

Bank Parlor in the Winter 74

Bank Teller's " Varieties 'J 92

Bankers of the Old School ... .76



PAGE

Bankers Snubbing Napoleon 87

Banking Habits of Girard 66

Banks Failing 84

Banks of Ease 108

Barnard, the Proud Broker 114

Bewitching a Bank Teller 114

" Borrow Money ! Borrow Money ! " 00

Bound not to Break 86

Brief Explanation of Banking 83

Burning a Banker's Notes 76

Business Aspect and Conduct of the

Richest Banker in the World 71

California Gold, Seventy Years Ago 73

Capital of European Bankers 81



CONTENTS.



XVll



Cashier Inviting a Run upon his Bank. . . 77

Coin used by Judas 100

Colloquies inside the Bank 106

Conducting Business on the Paris Bourse 95

" Confidence " in Hard Times 62

Countiug-House Dinners 69

Croesus, vast Wealth of 91

Curious Reason for Borrowing Money. . . 74

Detecting Bad Bills.... 1 96

Determining the Genuineness of a Check 96
Disadvantage of being a Bank Director. . 107

Discounting an Hibernian's Note Ill

Disinterested Brokers 68

Drawing the Specie 59

Dudley North's Opposition to Brokerage 81

Endorser's Qualification 110

Establishment of the Bank of England-
Curious Facts 85

Final Argument at a Bank Counter 80

Financial Physic 82

First Jewish Bill of Exchange 80

First Run upon Bankers 116

Florentine Brokers and Money Loaners.. 94
Four Money-making Rules of Rothschild 115

Franklin's Multitude of Capitalists 98

Gallatin, Albert, declining Mr. Baring's

Offer of a Fortune 115

George Peabody's Colossal Fortune 72

Girard's great Government Loan 100

Glances behind the Bank Counter 61

Goldschmid and Baring's Unfortunate

Contract Suicide of the Former.... 61
Governor of the Bank of England taken by

Surprise 113

Greatest Lending House in Europe 105

Gresham's Scheme of Exchanges 115

History of the Old Red Cent 101

Immense Consignment of Gold to a New-
York House 119

Intruding into the Bullion Room 99

Irish Banker Redeeming his Notes 93

Irishman at the Bank 108

Jacob Barker's Forty Kegs of Specie. . . . 79
Jacob Little and the Missing Bank Bill. . 83
Jacob Lorillard's Note of Accommodation 110

Jewish Money Lenders Ill

Jewish Perseverance and Shrewdness... 88

Juvenile Contempt of the Bank 108

Lafitte in a Tight Place. . . . 65

Largest Dealer in Commercial Paper in

the United States 90

Largest Private Check ever Drawn 105

Learning the Currency in a Small Way. . 66

Leather Money 80

Lives of Bank Notes 73

Logic of Specie Payments 68

London Bankers and Banking Houses .... 78
Lorillard paying a Bequest in Bank Stock 105
Losing a Bank Customer 110



PAGE

Loss of Bank Notes 64

Lost Bank Note of Thirty Thousand

Pounds 103

M. Rothschild on the Secret of his Success 101

Manifolding Bank Notes 98

Merchants' Notes as Currency 103

Modes of conducting Operations, by Roths-
child 92

Model English Banker 90

Modern Bank Directors' Parlor 96

Money-changers in China 76

Money Street of New York 112

More Cunning than Rothschild Ill

Mr. Biddle's Wit 87

Neapolitan Cambiamoneta or Money-

changer. . 104

New York Bankers and Western Court-
houses 83

Nicholas Biddle and the Mississippi Loan 61

Note Buyers 109

Novel Securities for Loans 70

Obtaining Security to be a Broker 78

Oldest Bill of Exchange in the World 106

Origin of Paper Money 101

Ouvrard, the Banker, and Napoleon 65

Pawning Money in Ireland 70

Paying Notes in Specie 79

Peculiar Management of the Bank of

Amsterdam 102

Peep at the Treasure in Threadneedle

Street 91

Peeresses conducting Banking Operations 89

Pennsylvania Bonds 120

Picayunes and Coppers 113

Proud Broker Barnard, The 114=

Punch's Money Vagaries 66

Pursuit of Specie under Difficulties 63

Queen Anne saving the Government Bank

from Pillage 116

Raising Money on Manuscript 93

Rendering Bank Notes Serviceable 116

Renewing a Note 98

Ricardo's Three Golden Rules 101

Roman Money Lenders 68

Rothschild trying to Raise a Small Loan 100

Royal Runners and Brokers 107

Running a Bank 99

Russian Money Brokers 109

Scenes after Discount Day 104

Securing Trustworthy Bank Officers, and

the Safety of Capital 69

Security for a Discount 79

Sir Robert Peel's Opinion of his Son as a

Financier 89

Spanish Reals versus Spanish Bonds 84

Specie in the Brokers' Windows 64

Strongest Bank in the World 82

Supposititious Will of the Bank of Eng-
land Directors. .. 117



xvm



CONTEXTS.



Terrible Revenge on a Bank, by Roths-
child 95

The Great Bankers of the World together

in Rothschild's Parlor % 60

" The Lady's Broker" 77

The United Job and Lazarus Bank 81

Throwing out Jacob Barker's Notes 84



PAGE

Timely Hard-money Loan 67

Unexpected Balance at Coutts's Bank. . . . 106

Vast Wealth of Croesus 91

Vaults of the Bank of France 62

Voltaire's Dealings in Government Stocks 111
Weight of Miss Burdett Coutts's Fortune 87
Yankee Hoarding Specie 72



PART IIIo

ANECDOTES AND ILLUSTRATIONS OF THE SUCCESSFUL BUSINESS

QUALITIES.

INTEGRITY, ENTERPRISE, ENERGY, PERSETERANCE, COURAGE, SHREWDNESS, PUNCTILIOUS-
NESS, PRUDENCE, AMBITION, GRATITUDE, BENEVOLENCE, GENEROSITY, ECONOMY ; WITH
PENCILLINGS OP STRIKING BUSINESS ADVENTURES, VICISSITUDES, EXPLOITS AND
ACHIEVEMENTS, BOTH SERIOUS AND COMICAL.



A Good Beginning Old Moses Roths-
child 184

A. T. Stewart's Success 145

Aged Merchant saved from Robbery by

the Weather 176

Agreement for a Loan 142

American Merchants of the Olden Time

Joseph Peabody 174

"An Error in Shipping the Goods" 170

Aptness and Nicety in Business Illustrated 170
Arab Honesty in Business Transactions. . 140

Astor's Early Prediction 144

Aztec Merchants 181

Benevolence of Goldschnu'd, the Old Jew

Broker 126

Benevolence of Shai-king-qua, the Chinese

Merchant. 172

Bone and Offal Millionnaire 161

Boston Merchant's opinion of Business

Men's Honesty 157

Boyhood Struggles of a Merchant, Gideon

Lee 125

Bruised but not Crushed: the Messrs.

Brown of Liverpool 167

Business Habits of A. T. Stewart 165

Business versus Disease 141

Celebrated Question in Commerce put by

Cicero 140

Chinese Merchant's Gratitude 169

Commencing in the Sub-cellar 135

Commencing with Three Tobacco Boxes

Jacob Barker 179

Commercial Fortune of a Peer 173

Confidence in Mercantile Success 144



PAGE

Controversy among Wine Dealers 137

Cope's, Thomas P., Integrity 155

Correct Appreciation of Mercantile Cha-
racter, by Mr. Astor 186

Day and Martin, the Millionnaires of High

Holborn 147

Earliest American Whaleship in England 181

English Merchant and Spanish Beggar. . 176
Enterprise of Yankees and Russians

'Cutely Illustrated 161

Erastus B. Bigelow's Boyhood Bargain.. . 144
European and American Modes of doing

Business 171

Everything by turns : Girard's Example. . 136

Expectations against Results 138

Explaining his Business 181

Extension and Profits of Mr. Astor's Fur

Business 186

Father Taylor and the Banker's Exhorta-
tion 169

First Greek Adventure to America 153

First Penny gained by a Millionnaire 126

Five Years of Privation and a Fortune... 161

Foot's, Lundy " Blackguard Snuff" 135

Fortune of a Commercial Peer 173

Fortunes at a Single Blow 130

French Mercantile Independence 127

General Jackson's Interview with Samuel

Slater 145

Generosity of Chickering the Piano-Forte

Maker 159

Getting the Hang of Mercantile Transac-
tions 138

Gideon Lee carrying the Lapstone r> 171



CONTENTS.



xix



Girard trying to raise Five Dollars 142

Good Word for Girard 176

Goodhue, Jonathan, Noble Mercantile

Trait of. 162

Great Deeds of European Merchants 134

Gresham's Fortunate Letter 174

Half a Million Profit by One of Girard's

Operations 173

Handful of Wool and a Bank of Money. . . 164

Hiding the Dollar with a Dime 158

Hinges upon which Trade swings 138

Honorable Distinction attained by Mr.

Perit 188

Hope and Co., Peremptory Refusal of, to

do Business with Girard 134

Hudson, George, Tale at a Dinner Party. 142

Indians' Mode of Judging a Trader 132

Jacob Barker's Success when a Youth.... 147
James G. King's Treatment of Resent-
ments 162

John Jacob Astor's " Highway to For-
tune " 171

Johnson's Prejudice against Merchants.. 165

Labouchere and Vincent Notte 151

Ladder of Commercial Success 157

Late at a Dinner Party : George Hudson 142
Lawrence, Abbott, not disposed to Lie. . 164

Lee and his Travelling Companion 125

Lending a Helping Hand: A. Lawrence.. 141
Liberality of YakoolefF, the Russian Mer-
chant 127

Little too Candid 137

Locking-up Foreign Merchants in Eng-
land 128

Making Conditions : King James and the

Corn Merchants 123

McDonogh's Greatest Victory 162

Mercantile Character Comparatively Esti-
mated 131

Mercantile Defalcation Made Good after

Sixty Years 158

Merchant Patrons of Literature 130

Merchants and Legislators 133

Merchants getting to be Gentlemen 133

Merchants of the Golden Fleece 128

Minding One's Own Business 171

Mohammedan Mercantile Morality 135

Mohammedan's reason for Not Storing

Goods 131

Money Eno.ugh to Break o.n 131

Money -getting Tact of Jews 173

Monsieur Smith : Girard's Man 154

Mr. Everell and the Hindoo Merchant.. . . 180

Mr. Grinnell's Liberality 183

Murdered Merchant Watched by his Dog 176
Mutations of a Merchant's Life ; the New-
Orleans Sock-Seller. . 129

Mysterious Benefactor Incident of the
South Sea Bubble .158



PACE

Napoleon and Byron on Trading 131

Noble Mercantile Trait of Jonathan Good-
hue 162

Not Ashamed of Work Astor's Diligence 133
Not disposed to Lie : Abbott Lawrence.. 1G4

Old Fashioned Shopkeepers 128

Opulent New York Merchants 133

Patriotic Merchants of the Revolution . . . 127
Patriotism and Prowess of French Mer-
chants 150

Peculiar Feature in Rothschild's Business

Character 173

Peremptory Refusal of Hope and Co. to

do Business with Girard 134

Perkins's, Thomas II., Deliberate Habits. 150

Perseverance badly rewarded 185

Persevering Traders 170

Philadelphia Young Merchant, who was

not afraid of Girard 158

Polly Kenton's Lard Speculation 164

Portuguese Pilgrim in the Streets of
Venice proclaiming its Commercial

Doom 175

Present Prosperity of the Rothschilds. . . 180
Private Mercantile finances and Royal

Fleets 174

Privateering Exploit of a Salem Merchant 149
Quaker Merchant's Idea of Privateering.. 132
Queen Juno's Opinion of Merchants ...... 125

Recovering a Wasted Fortune 130

Redeeming Lost Time 163

Remarkable Case of Conscience in a Busi-
ness Man 182

Restitution by a Shopkeeper 163

Retiring from Business Engaging to

Blow the Bellows 141

Reverses of Mercantile Fortune 168

Reynolds, the Charitable Quaker Merchant 127

Roman Idea of Merchants 154

Romance of Trade " Blackguard Snuff'* 135

Roscoe, William, the Poet Banker 169

Rothschild and Astor compared 151

Sabbath Experipnces of a Shipmaster. ... 139
Scene in a Merchant's Counting Room after

the Peace of 1^15 153

Search for a New Route to China 186

Second Thought on a Trade 155

Secrecy in Business Transactions prac-
tised by Rothschild 156

Shaking One's Business Credit 123

Sharing in a Good Operation 156

Shopkeepers and Warriors 175

Six Days for Business nnd One for Rest.. 157

Sole Qualification of a Bill Broker 173

Sources of Wealth of the Medici Family

of Merchants 182

Spanish Mercantile Dealings 163

Stewart's, A. T.. Success 162

" Stick to Your Last ". . . . 137



XX



CONTEXTS.



Strong Point in Mercantile Success:

Girard's Silence 153

Tempting Business Paragraph 161

The Banker's Seven-Shilling Piece 177

Thorburn's Flowery Path to Fortune 166

Thomas H. Perkins's Deliberate Habits.. 150

Thomas P. Cope's Integrity 155

Three Merchant Voyages and their Re-
sults 155

Too Close application to Business 141

Touro's Great Gift to a Beggar 159

Tudor, the Original Ice Merchant 153



PAGE

Usurious Interest on Money : Peter C.

Brooks's Rule 172

Value of a Good Credit 132

"Walter Barrett's" Cotton Mission 148

Washington as a Business Man 179

Wealthy Men of Cincinnati 168

Whale Fishery Enterprise of Americans 160
What John McDonogh said to a Lawyer. 146

Who were the First Whalemen ? 129

\Villiam Roscoe, the Poet Banker 169

Yankee Shrewdness Handsomely Illus-
trated... . 124



PART IY.

ANECDOTES OF TRADE AND BUSINESS IMMORALITIES.

THE RAREST INSTANCES OP INGENIOUS BUSINESS FRAUD, FORGERY, COUNTERFEITING, AND
SMUGGLING ; USURY, ARTIFICE, TRICKS, AND MALPRACTICE ; WITH EXAMPLES, EX-
TRAORDINARY AND AMUSING, OF AVARICE, COVETOUSNESS, PARSIMONY, EXTORTION,



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