The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-19
A SUCCESSFUL MERCHANT.
.y,RIE CAREER or AUG rs
ne" uTvENUIY OF BOSl ON.


rh,r,ecn Years -eit-' onhn .,.,rh~A Man
..,lum-A startling perp" ,.,.--
80 wa. Determined not 10 pe -.
80 n,atb ot the Millionaire !"
posroS. June 49, Augustus
=, the great shipping firm OIL 20.
nv, Of Boston. ana HemenwN a w.
,.,., died I'm CUBA on fnoS '"e'
a. ycar. aso he engaged As snoo 'o'
A., g,ods store in the ne'R"uoi'"s w
NY and his extraordinary aptitude
Ch'rle', ,,r,r,ed the notice OF Boston
~ -, Ubo was heavily engaged III 'he
n''' ,n,.-i,,n trade lie took the boy to his
ST. $50, house on Central VIII RI, IN this city'
,.n,, rho tier grew to mani BOD, sent him
=. ,,r,t.o To look after his large interests IN
tic Iuashort time the young man lett
,,,.tov,r and struck out for himself 1bis
., American trade was comprehensive one
,,.o,tr crd the buying Of all kinds oil SCUM
..,t..,n PRODUCTS, hides, WOOL copper ~c.'
..a,,,,g them to the United States, and bring
,.,h.,k AN assortment of American manuiac-
-. Tho business established by Hem enway
.d,snced win giant strides. The wealthy Eng
49,, ,,u.es 10 Valparaiso having confidence In
,n,. ron, lr. BILE ability Of the young American,
,an, MIN the,r credit. A singular feature In this
IN. career was that he never gave note. HIS
,n.inssst n a few years had become 50 great that
no found It Necessary to return to Boston and
itIl.h a house IN that city. He sent bis
t,,tb,r On rles p lIemenway, to South Amer
g., tn m maze the house there. and. remaining
himself iu Boston. ehlai sed MS OPERATIONS untii
a. r,asn..udc OF them demanded every mo-
mont NJ ~ time. He even built his own ships,
sd m de additional profits 10y carrying his own
y.0ds he owned SUGAR plantations IN CUBA,
'.. lies n South America, and had bust
meas relations with the Btrings OF such magni-
tuue a. To sstouish even that colossal house,
md the whole 81 TINS Immense business ne
ni.nae.d uus'lt
NV clmes strange change IN his career.
Auout fifteen We r. ago, one morning ne walked
iniot LbiDa Insurance Company once, nnd
expressed some anxiety about pa ment which
h. was Obliged to make of comparatively
ti0ng amount. sytng that he was afraid he
should not be able to meet It, Mr.. Bacon, the
PIE. ieut Uf TIE company. was astonlshed. ana
sf,,r some talk with Mr.. Hemenway, was con-
Viured that Toe latter a little out OF his
miui Mr.. Hemenway himself came TO the
sane conclusion. He sent for his LAWYER. ind
orr red nim to draw up power Of attorney
Curn.ing uie management OF his business To
his broth r. francis Bacon, and Mr.. lileston, ms
brother in.i law. of the hrm of sponord Tiles
ton Associated with them was hrs chief CLERK,
aNlr. Brown, also mau " great business saga
citV. Having done this. he quietly retired &c
Ltchheid. Conn, and put himself in charge oil
Hnrminent medical man who resides there. In
tnis hOutc lac remained thirteen wears, Watching
aud nursing his brain. He bad satisfied himself
thit without terfect rest and quiet tue mach ne
o. terribly tried would give out. and the result
wsuld De softening Of the brain. He passed his
newspapers. but would never allow the wore
business To tie mentioned IN his presence. DurinI
this long period of seclusion the great civll wal
broke out and was extinguished, specie cisap.
peared a new currency WIS born, new channels
Uf trade were opened, and new methods OF husi
ness were evolved. The great wb,rw,nd swe p
by INN uunoticed. 10 his friends Hemenwal
appeared to he hopelcssly insane.
About eighteen months ago, Ike clap o
a. lnder from clear sky, telegram came Il
CnAles Hemenway worded thus " Bring OF
yodf trial balance.-A augustus Hemenway.
JIG brother telen Pied to tue PHYSICIAN. IN.
snSwer came Patient perfectly recovered.
Mr.. heuenway received his brother and the tria
balance and looked over II. A few days after
ward he walked Into his counting room OF
Lewis's ~ha #, hung w his hat on tie accustoIn
ei peg aud sat down TO business quietly. AZ
VS. trying his brain. In few days more h.
oked over the entire transactions Of the nous
for the past thirteen ye4rs, ANA generally ap
proved OF what had been done. Among Gu
u Mrs. Hemenwsy "Whlt is thisi" DE asked
MI Brown did not remember. Look II up
Ie Hp g, TO aud the bill Was a dentsss iii
Ttis was instanced as specimen Of his minut
ncthoJica WAYS A singul ar change had com
over the man. Formerly he was brusquo sns
stern. Now he had become urbane and polite
he went to church. new custom, and on hos
irt1 the contribution box: loo. A. H." tn,
warcens we're puzzled 10 know whether 1t mean
tn Gullafs or Que thousand. on calling upon
him the next day' 'hey received one thousah'
Nr Hemenway resumed the charge Of hi
h. brother Mr.. Brown. To them he re lease
lie entire tronts Of the thirteen years. Hi
nts, step alter resuuing business was to =
a. Engltnd TO purchase CT swansea the ma
ciinery for the thorough smelling OF his coppei
Ii lad been coming to tive country In an impef
fectly stuelted form AS an article known In tn
emuercial world as "regulus." His friends
on h. airing tn be was going To sail In the Adri
ate one OF the White Star Line, strongly ad
vised him 10 20 instead in a Cunarder. III
reply was characteristic. He said II have ex
arincd the ship thoroughly, and have taIke
with he engineer. ! am satisfied" lie sale,
aweak N swansea. time to complete his our
e. -e-. When he landed he had been absen
j4si twenty-three DAYS. His voyage embraL e.
d Adri ties wO remarkably quick trips. IL
tieu went to Cuba to look after his sugar plan
tai Ia. He sold his whole crop TO a Londo
l,u ON strong market, acting with his usua
81 city. After this sac sugar went down;
ting which he had foreseen. From Cuba Nj
II uenwdy went 10 Valparaiso, and from ther
London, where, in connection with the Bar
IT,, he engaged IN some huge operation
III NJ doubt, proved successful, as II
scored that curing his long career lie neve
maze business mistake.
"a H-mcnway was probably the wealthies
nan 90 America. He owned a deal OF propert
IN New York city Seeing that the dry good
trtle drifting over to Church street, h
buu- %. II me old houses there, and, pulling theI
down, erected stores. lie received as much 10
ore care rent AS the ground and old house
a. During the whole long self i'm prisonm Ell
Of tins remarkable man, his wife was nng'
Q! mercy to tbs poor, going about aud visitin
tneu, and spending money TO the extent N
prnr4's revenue. All this she did without OF