Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1869-03-11

situation, and launched out in that calling
which he has since SO highly adorned and
rendered SO aaccessful. He threw into his
business all the energy, determination
and talent that he possessed, and adopt
ing from the first that motto, too gener-
ally lost sight Of, Honesty is the best
policy" pushed his trade far and wide.
He soon obtained the confidence of all
who had dealings with him, and it was
not long before he was recognized as one
of the leading merchants of New York.
Mr.. Stewart, in his early days, never
dreamed of the immense traffic that he
would be called upon to direct and con-
troll, but his business grew upon his
hands, and he was forced to enlarge his
facilities. The operations of A. L. Stewart
s. Co are now worldwide, and while he
remains in this country experimenting
the whole, partners and agents of the
house are found in every land buying at
first hands the thousands of articles re-
| quired at the two immeDse establishments
on Broadway There are large agencies
at Manchester, England, for the collection
and shipping Of English goods; at Belfast
factory for the accumulation Of linens !;
I in Glasgow there is another for the collec-
ton of Scotch goods; in Berlin is house
for purchasing wooden. goods; in Paris
are collected East Indian, French and
German goods In fact, in every country,
and in. every important manufacturing
! city in the world, are to be found agents
and buyers of the house of A [. Stewart
I Il Co All these are directed by the great
/ controlling mind of the head of the firm,
/ 4. T. Stewart During his whole career
Mr. Stewart has been foremost in the en-
I courauemGnt Of American manufactures,
and by all means in his power has en-
deavorcd to foSterupo American soil new
branches OF industry During his business
career he has had but one motive-to
build NJ and organize great firm; and
to accomplish this, end he has labored
with uutiring zeal and with measure of
success rarely achieved. He stands to-day
the richest merchant in this country, with
d colossal fortune, estimated at forty mil
lions of dollars-the result of life OF
hard work, marked by strict integrity and
honorable dealing. His sales have
amounted to over sixty millions of dollars
in year, and be returned in one year a
personal INCOME Of over four millions.
Mr. Stewart has accumulated in his
business 4 fortune scarcely exceeded in
amount by that Of any other individual
IN this country. In 1868 he returned an
income Of 81 100000 III 1864, S4,0000O0;
1858, $l.G0000 and in 1866 5000 900.
Throughout the war Mr. Stewart gave a
eordiai support 10 the Government, con-
tributing not only literally from his
purse bait giving his powerful influence
on All occasions to further the restoration
OF the Mon. Mr.. Stewart, in common
with our Merchants generally. lost heavily
by The rypuiiayion Of their debts by
Southern merchants at the beginning Of
the war Nhur M. Stewards sentiments
were at this tf.s.e are best shoa.n by the
following letter written to a prominent
. ,.areh.l,r.of lTemuii~. Tenn.
NV Yol.k Apri. ~, lsel.
itFA. ea.; lo+r otter requesting 20 know
'.' ~ "', ~ i'''''''' - ,''-'.'is
....,-,ajr.s M. f,..,,La}
yoa1 a. l,as oar friends would Iay th.1r debts
to me i'ri" q tiey ma oi'' has been otN'i.
,,,,....H,n ,l. S...,, ,.,,,r.,.,..a !, I'm, is,
s, -l. ,-stf,,... .,. T. d,.., no. ar 81, from IN
4anrs hn. sha.grerus OH yoor termination
~ '.s ~ ''.','' d., '.s ,'.'' i .'l no. ,''lsS
.,.,,t 80 ~. IT.. i,t-,i.t,t, .ni.ea
.tt-, laIes ,.],i b, i,l o,raIaan wssh .i o.It,re
>ot'h 'ia. ."i.E protection T" me- liberty and
40 ''' - - ;" az '''''