The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1870-05-17
ii RY CLENS
A Brief sketch of an Eminent Banker.

est importance.
Trade watc es the m nnipulations of
those who hantle its medium of eX-
change with the keenest and most anX-
ions scru my. Distrust in reference To
the processes that transfer mnner il in
stantlv felt To the remo'est eXtr' mirv OF
tie body polite. and in order to keep
the | tier in healthy action, the flow
must he pure and egular in Il business
! ONT of view, and must sweep through
unco Illuminated channels
We have been lead TO these remarks
nv careful observation of some of cur
h,gh toned barking firms. aud the saw
ing influence which they have exercised
over business by the excellence of their
example. Among these, the house OF
Henry Clews IL 60 has become eminent.
# late wears for those qualities b t
she uld distinguish the financial call
ing.
Henry Clews. Esq the senior part
ner and heal OF this esteemed hou- ca
native of England, AMI about thirty
six years 1T age Game 70 the Uni ed
States as early AS 1919. with his father
whose heavy connections with Ameri
can trade gave the young man an imme
diate opportunity OF notia- the active.
e.ttrprising and yet peculiarly practical
tone of our people
The latter SO won upon him that he
determined to abandon The study for
the ministry, which had been his first
intention. and beLake himself to bust
ness. With this view he quickly sought
and Obtained cleIkship III one of tt=
most prominent wOJlen houses OF the
,aav, where his untiring industry for
III obationary term of nIne years-his in
teerltv, promp,i'ude, intetlIge nee, AMI
at tie same time. his exc, lieht perso mai
habits and amiabtlity OF tempe ramen
gave him solid position, end won for
him literally hosts of friends. Mr.. Viii
son G.. Hunt. the head Of the house
where he was thus employed. bestowed
upon him the highest marks af approval
as his service Enlightened, and. at last,
when Mr., Ciews sought IN independent
path, vouched for his ability and integ
rity.
At the early age Of twenty. five, MIR.
Clews became member of the enter
prising banking firm Stout, Clews
Mason. After one or two changes of
title, hu. all the while rising III public
esteem, the house is now established,
and respected, far AMI wide, under the
title OF H.nry Clews IL Co.
end activity, shieh had iven the subs
iect OF our sketch his frst success, at
tended hira as be advanced From deal
ing in commercial paper, he took up
c vernment Securities, when heavy
loans were can,inually negotiated for
the nation The needs of The country
were pressing, and in the patriotism and
intellect of NJ Clews found timely held.
BY his arguments and ready invest
ments, other capitalists we're enconrag-
ed to step forward AT the moment when
eaker heads aud colder hearts were
afraid t. endorse the Union loan. 10
his example, Mr.. CIewa added the infiu
eDce Of pers NAL representation. and by
his agreeable manners. as we'll as by
the resources of his thorough business
knowle dge car, led m any firm with him
in the good work, which 9th, rwise
might have stood ;loof. Hi faith new
err sweaved IN the darkest hours OF the
court trials, and as the clouds gre"
more somber, his entht siasm only
frightened
at ler 9th. in 1864 65 the Cle~s con-
Germ hat raised its business operau ons
10 several millions per diem, OF which
the National loans received q gooilJ
share
At last the war terminated. and Mr..
Clsws and his associates ioun them
serves amcng the wealIhieet a'd NEST
1istingui> he'd of American bankers -
This position was easily ma;ntaine" anu
stea,iily improved, until 1868, when all
stock operations tor MT mhers OF the
finn. either Individually ,r colec lively.
were bv itteu agreement. abandoned.
AS the coun'r ~, resuming its activity,
ftt.f an
busy hum OF railroad preparation Was
heard from all quarters, making ready
f + new deveiopement OF national
prosperity, Mr.. C.ews found fre-h OPP
poriuuitles tor beneficial investment.
and oil these his saoacious mind an ac-
unired experience made rill:ant use -
The natio, al securities, which he helt,
were sold nv him to All extent sufficient
To set free "a considerable amount OF the
capita! ,ba, he had pl cet in them, and
these funds were at once, ielpyested N
rai road t,lns At the present tune
the Clew- firm are the financial agents
OF some oi the mos: important roads III
the United States.
The passing vis ter in Wall street has
but to glance at the busy throng which
hurries IN and ont Of their spacious Of
flee in the edifice formerly used by the
United States Treasury, through the
working day, in order to feel satisfied
that Mr. Clews has large measure of
public confidence and esteem The i'm
preston is general, that when his name
appears in connection with any prnjec
teu improvements, all is well. Nor is
Mr.. Clews unaccustomed to express his
.inanci opinions with terseness and
power. He Yields trenchant pen, and
the highest financial intellects in the
land have prof ed by his suggestions.
Still in the Prime of manhood Mr..
Clews stands upon az emit ence to which
few hers have been able to climb -
Behind and around him lie beau fully
or,feret, the evidences OF untiriDg exer
tons, hat have sustained and extended
the welfare OF the country, and filed
his own Golfers with well earned re