The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-12-05

ana in the meetings OF bank onicers mis- Judgment
and sagacity are implicitly relied upon and ne mas
always been prominent In the advocacy and adj
vancement OF all measures involving the common
interests OF the community and the banks. inc
tntuitive Judgment always giving him command
Ing place IN their councils. He has never paid over
the course of all his life. although at times using
immense sums, had any difficulty IN obtaining
a the money ne required ais nanence y agaanss
finance, against every fraud OF speculation ana
3rickery OF SPECTATORS. LIE understands thoroughly
He knows every snoal and quicksand, every hidden
rock every current every breath Of WIND rI ss,n
outer ripple OF this great maelstrom which
Like gulf doth draw
What's near Il with II.
No one knows better than he, to change the figure
as shakespeare does In the passage we nave just
quoted from "ifamlet' that our present Wall street
Fixed on tho summit, of the highest mount,
Are mortis'd and adjoind, which, when 1t falls,
hsad i%i ss s nss'
Tie has kept out Of all OF these speculations him
sell, and those who have done the same III pursu-
auce OF his advice are happier ana better or IN
sequence. HIS advice 10 all Of special speculative
procvites Is to preserve above all else their good
names aid homer unsued, lest 1t turn out that the
riches they acquire, however great they may be. be-
come asnes In tneir grasp and the prominence they
objects OF public detestatlon ana contempL
DEVOTION TO THE GOVERNMENT.
An Important cnapter IN Cno lie OF NAT. IdylOr, III
connection with his character as hnancler Is the
great and notable WORK Il, accomplished as Cnalr-
man OF the Loan Committee OF the associated banks
In the carly part OF the war; From the commence
mcnt OF the war W us close he was an earnest advo
Of every for the aid and support OF the
tneir ability He saw the great issues at stake. He
saw the crippled financial condition OF the govern
ment hundreds OF thousands 81 noble volunteers
wanted as we'll And thus this loan committee was
organized. MIR. Taylor was among the foremost and
most energetic to take steps IN the matter. He
was given tho directing management. Securities
of upwards OF $20o,000,0)0 were entrusted TO the
actions were managed by that committee with
great financial ability. Everybody knows that
through the confidence shown by the banks ~ the
loan 70 the government, negotiated IN July, 1851
the darkest period OF the war; and wnen means could
have been obtained from no other source-the
country was relieved from condition OF difficulty
AMI peril surprising that Of subsequent epoch OF
the war; 10 the influence OF no one man IS the
country more largely indebted for this eminent patrt
otto service than 10 Mr.. Taylor.
Ma. TAYLOR IN FINANCIAL PANICS.
the strength OF Hercules crystallized into moral
tntrepldty, into sublime energy, into the highest
development, III Iact OF ideal herolsnl, has never
more iorclby, more braveiy and more trIumphanlly
cial panics which o. times, with the wild
and furious devastation OF the tempestuons
hurricane, have swept over , our country, Ths
during the panic OF IsS7-that most disastrous OF
oil our financial panics-bo.n In HIS own affairs aud
IN the concerns or others, VIII long be remembered
Dy those who had occasion to wlLness them. That
indomitaole energy integrity aud ability which had
made him OF our first merchants, and one OF our
most trusted, useful and honorable bankers, bore
him safely through this most trying ordeal. Firmly
his business house
or eidying storms and Knocked the bowling
His own extended obligations he met promptly.
But lhis did not satisfy hini. lie was not unmlndful
% S da1g per
CONSERVATION he Stood the central ngure OF q
group Of deeply earnest and anxious men who
ana magnanimty can best be told by them.
The interposition q his strong arm saved many
from utter rum. 1t was the same IN panics before
this. IL has been the same III panics since them
How maatully and cllciently ne came to the rescue
there was money IN the city treasury to pay them
their monthly dues. Is si fresh in the public recol
aud by this act OF timely generosity established
claims upon the gratitude OF ear police which Will
never be forgotten We might multiply these in.
been marked by noble and generous deeds.
orHER uslSEss ESraaPRIsE5.
fields OF enterprise and usefulness "a his growing
capital kept Increasing IN magnitude oeyond the
requirements OF mis- original business. From time
to time he has become largely interested
and SO no stili-in various directions
10 the development OF the r, mineral -, ana a
results accrulng from these enterprises are due to
the same qualities which rendered his mercantile
space 70 90 into the details of his varied fields Of
business operations We VIII only refer to one. At
u
cultural repose and the vast mineral treasures or its
encompasslng hills were undsturDed IN their deeply
hidden repositories ne from personal INVESTIGATION
connecting 1t ny railroad communication with this
city. with few other capitalists ne SET to work to
carry TINS PROJECT into enect lt was q great ana
dIicut undertaking.; but their lndeateaDe zeal was
equal TO II. The enterprise has yielded the ample
reward anticipated from IT, me painting locomo-
tive, whose sirlll whistle now awaKens the ecnoes
OF Wyoming valley Us II struggles along with Its
burden OF mineral wealth typlnes she wisdom Of the
"A ana rfvy N ia
clous projectors.
PERSONAL LIFE.
We have given above q brief outline OF Mr.. Tay-
lOrs business career Seli.na 10 tlat is aud
prosperous as ne mas been, prosperity has not
banker and polite in all MS business relations, he in
private life Is one OF the most agree able and genial
OF men. In 1882 the same year he commenced ousl-
ness he married Miss Catharine Wilson, Of this city,
Their children, five In number two sons and three
daughters, are all sull living. one OF has SONS, Henry
Taylor junior partner IN the house IN South street.
and the other son, George Taylor. 10. a. ~ well
known, american Consul Of Cairo Egypt
ne aSS an sa rse IT, aSpgss "a 81.
from his residence on f Titus aseaas, TO his his
gether shows tho same energy and industry to-day
as at any other time during his oug business
With health still firm and unDroken-and he comes
long lived stock, his uncle, Moses Taylor having
recently died In New Jersey at the advanced age OF
ninetynne years6;nere Is every prospect o. long
slbe industry. cheerful duty and those broad sym
pathies That have always rendered him 30 open 70
the claims OF friendship and SO yielding to the I'M
pulses Of benevolence and humanity High posi-
lions, as Is well known, have been offered
hlm from time TO time by the government;
but the vast Importance of The business
trusts committed to him, besides having no political
ASPIRATIONS mas prevented his accepting office
1t Is unnecessary to describe his personal appear
ance. No man 10 moro widely known III our city.
Hts face ID o benediction, but decision and energy
are leglbe IN Its every iineament. Few have gwen
more largely TO charity, few have been more
efficient helpers OF young men, few have been such
pillars Of strength 10 their friends. 1t Is not his
idea, however, to sympathize with the idle shift
less. He only helps those who hep themselves. or
great simplicity and slneuary FREQ from ostenta-
tl0n his life has been pure and beautiful In oil Its
relations as II has been successful, magnanimous
and unselnsh.