The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-09-30

no interest In t-thinks 1t precious humbug ~ time
enough TO think about 1t when 1t comes As for tho
Divine ndments he obeys them he understands
tbem-he never does . wrong thing openly cheats,
a. he has shrewdness sufficient to comprehend that
such doipgs don't pay in the long run, and would
damn his credit and standing 'shange.
There are the great commercial men OF nation =
their names known far rs tho American flag
hosts-they are known In England and 10 China They
are the " outside" merchants-ths Hong merchants OF
New York. There brave. Intelligent old
spirits who the merchant princes Of New York in
the olden time-men Of sound intelligence educated
and possessing far-se.ing vsion-men who built and
owned he ships, which they loaded their own
count, and despatched to distant olimes They were
Scotch and Dutch and Of real rcan
descent They the Graoies, the Remsens the
Lsnnoxes Smiths, Leroys, Depaus Bsysrds, Costars,
and others but they gone and their desce
to very great extent very fair descendants ef very
worthy ancestors. Those who had property left to
them spent it, or engaged In q limited trade, more
suited to their capacities.
The hrst class Of merchants to which have
alluded. are different set Of men from those who
nourished nifty years ago. Though heir operations
be larger in amount, yet they made in different
manner-they are not so bold and striking in their
character Now the shipping merchant divides up in
terests in operation. ship Ia owned by many
different persons she has sticks Of timber In her.
operation Is planned to tho East Indies voyage
from hence Canton 10 made up 1t Is done twen-
ty different accounts The merchant gets his commits
sion of TX per cent, but runs very small share Of
risk The nrst class merchant IL constant drawer In
foreign exchange The shipments Of produce he
to be shipped, he draws against and Is seller OF
another class Of the community, whose operations We
shall hereafter have occasion to notice, called the
bill brokers' The merchants to whom refer
agents many foreign houses and constantly
cspg cargoes and invoices Of disc fsm every
part Of the world where they have commercial con-
nexioDs These connexions constantly giving let
tiers Of introduction to persons visiting this country
either for business pleasure and consequently the
nrtt impression foreigner derives from Yankees,
is what he learns from Mr. A. c. Of South street
Mr. D., of Wall street; and his reception by the New
York merchants depends in q great measure, upon
what the stranger wants. j. II & Co Of Amsterdam,
give letter of introduction in favor Of young Dutch
man to Messrs. A & Co, Of South street The young
person arrives safely and calls with his letter. hat In
hand, and something like the following scene takes
place -
As Mr.. A. I'M"
"He IL, sir; walk in"
81 have a letter from Messrs. H. 4 Co, of Amster-
dam" Delivers it)
"Sit down.
A.. & Co. read the letter; walk up to tho bearer.
"Mr. vsndsrspeigls, believe 80
"Yes, sir"
"How do you do hope you LEFT Msssrs. II. Co.
very we'll"
"Quite well.n
"wben did you arrive :"
"By the - steamer on the 7th."
"whers are you stopping'
AT the Astor House"
1--WE shall be happy to you in any way you can
point out"
al wish TO obtain some EN- ployment, as q clsrk"-
81 beg your pardon. but engaged just nov; call
any time when you passing. Good morning
And young vanderspeigle finds himself unccremo-
niously bowed out for exactly what beyond his
prehenson. By the time he has lived . few years in
the employ Of . house OF similar character, he vii
ascertain that young man bringing letters to our
first class Of merchants will find them Of service
Whatever II busness is not written inside Had Mr..
brought letter stating that he had orders to pur-
chae few cargoes Of whale oil or tobacco for the
Amsterdam market he would have received different
treatment lie would have received M invitation TO
| dine that day, In - Place. He would have had AZ
ter dinner opportunities to upon every
camille topic. and the price, Of Dutch madden or
American putty WOULD have been stated TO him in
tail letter Of introduction stands but poor chsuce
unless the bearer has means Is likely to be
ofrroe or has In himself qualities that will
BILE his merchant friend to lionre him little Roche,
we'll known the proprietor Of the Cqfs des Miles
Colonies, In Broadway for many years came to this
country, In 1881 very poor lie had embarked from
Marseillss and brought with him . iettor from the
celebrated American firm Of fitch, Brothers Co to
fret ca's mercantile boufs, In which Mr.. Prime
was spsrtner The Frepcbman presented himself and
hisletter Of introduction at the counting room
what than the usual CON pliments passed
the senior partner and the polite Frepchman while
seated In the private ssneforu.. Finally camo the
Usual inquiry
How can We be Of service to you Mr. Roche ?"
avail rare, je suis mn tailleur, ct JET
"Whatl tailcr-Fitch Co. give a letter Of intro
duction 20 us in favor Of - tailor Walk this
usy, Mr. Roche. hope you will succeed Good bye,
sirn
Roche did succeed Seine kind friends helped him
60 start neudpg tailor In tho secosd floor next
the Mas MIC Hall aud he lived to the day ~hen h.
could purchase every member q the commercial nrm
who received him upgraciousy vhsn he hrst landed
In this country q frcndless stranger.
There many noble specimens however. Of Via. .
man and merchant should be- among the elias. known
as the 6rst merchants Of New York To them apply
tho Wholesale merchants pprisipg both dry goods
and grocery merchants for through the hands Of ths
first class psss the immense smount Of merchandise
which is sold to the wholesale dealer. Who in turn,
cell 70 the retailers In our city and BY them II 10
sold to the individual consumers Dreo ~ IN the
plny ~ the FIRST class merchants other bodies
men-cerke, portsrs stevedores. oartmsn. choppers.
v.iehrrs gusgsrs captains. sailors and their HABITS
and resources shall mention IN the proper plsss
Our next chapter will be given 20 the wholesale
grocers aud dry q DDS
supept.r Court.
Before Justices Duer Nssou and Ca npbeil.
srrr 20 - Dtcstors Jshr j Painsr. SgsessI Rceir-
Watson e. fa,rrsree oa1 ofhess -Decre@ fore.