The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1873-02-28

| fFron n. Y. Letter to Rochester Democrat
A. n. STEWART.
The Magnitude ana variety or His Busi-
| ness Operations.
y. I. Stewart has become one oi
the chief owners of Broadway proper
ty, and his estate in this street is
worth about S4,G00,00O. Stewart is
as chirp and lively as ever. He looks
well, attends regularly TO business,
and If he could only have fresh start
OF renewed youth he would no doubt
get rich in the course of lifetime.
ONE or OUR WONDERS.
Take it all in all, Stewart is one OF
the wonders Of this age. The fact
that childless old man, within three
years of eighty, should be driving
business with ambition and conquer.
ing all difficulties with youthful de-
tcrmlnation--as though he yet had
his fortune 10 make-this fact say is
iull OF mystery. How different from
the general tone Of human character !?
Ste"art, however. feels that he is
working out destiny. lie cannot
stop, for destiny urges him forward.
lie is now carrying on not only his
great commercial operations here,
with branches in Philadelphia aud
Boston, but is also building village
at Hampstead, and is at the same time
buying up real estate at Saratoga
Springs, to say nothing of the occa.
sional bargains made here in the same
line.
HOW IT Is DONE.
Stewart is probably tho best calcu-
lator the world ever saw. Had Ma
poleon possessed one-half of his gen.
lns, he would not have come 10 grief at
the early aye of fo?ty-fyc. Napoleon
was Jim Fisk sort of man, and need
ed heavy capital 10 work on. When
this was gone, he was as they say,
played out" Stewards genius is
shown in always having capital. He
has no, known what il is to be short
since 1861, when the failure Of South
ern collections occasioned him the
loss OF several millions. lie was not
short then, Int simply had TO use all
his funds. At present, however, he
probably has million of loose
change, all of which is TO bis credit in
the bank. or banks, for Stewart pat
ronizes half.dozen of these ins,itn-
tions. Ills calculations have never.
failcd-ihat is, he has completed his
grand schemes in spite OF al difficult
ties. He makes losses just as other
merchants do, but none that can en-
barrass his general advance. All Of
Stewards business is before his eyes.
II is photographed in his brain. He
carries il so completely there that no
trade escapes him. At the same time
he is marking out bold operations in
laud aud merchandise he is couversan.
with the entire condition OF his own
warehouses. which employ nearly a
thousand clerks.
CENTRAL OFFICE.
Stewart has all his business before
him in his central Office, which no one
enters bu, himself and those whom he
invites thi,ber. Here he sits in soi-
tary grandeur. His lieuienanis in
trade submit their reports, which he
reviews at glance; and the state
mcnts OF sales, Of stock on hand, of
credits, of imports, of custom house
detail, are read and at once replied 10.
1t is not labor; it is only nature.
4 STRANGE SPECTACLE.
After one has gone through Stew
arts grand warehouses and seen the
immensity OF the trade accomplished
there, ii is a striking spectacle to see
the quiet old gentleman sitting at his
solitary desk in the private Office TO
which | have referred. 1t is spa
cious apartment, with glazed par,i-
tions, so that any one may look in
aud il is adjacent TO the great array of
book keepers, who number nearly 100.
A page is in attendance outside, and
may at any time be summoned by a
bell. In another Office is Mr.. Stewards
private secretary, who also may be
summoned in similar manner. From
this Office orders are issued which
may within day he felt in Paris,
Lyons, Manchester, San Francisco.
Chicago, or in the Office of his legal
adviser, Judge Hilton.
LATE IN LIFE.
Stewart has made the greater part
of his wealth since he became man
OF advanced years. 1t is stated Geo.
Peabody made but little until he had
passed fifty. The same may be said
of Stewart. At fifty he was worth
about million-now he has proba-
oily twenty-five times as much. This
is a lesson which shows the impor-
tance of improving the latter hours in
life. Some men retire from business as
age steals on. This is great mistake.
NJ men are SO unhappy as those who
abandon the habits of a busy life. Ne
one should retire from trade until lie
is sure of some busy employment IL
another sphere. MIR. Stewart knows
that he is happier while at the head
OF this immense trade than it he were
doing nothing Men who retire from
business become nervous and fretfnl
or else sink into mere tatuity, from
having nothing to do. Work is the
thing for old and young, If they wish
to escape these dangers.
THE Judge of a Western court re
Gently decided point adverse to q
certain lawyer. The lawyer was
stubborn, and insisted that the Conr
was wrong.
81 tell you that am right" yelled
the Court with flashing eyes.
81 tell you you are not retortee