Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1876-04-12
Che freeman.
MONTPELIER VT.
WEDNESDAY. APRIL -. 1876.
The Merchant Prince.

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rate to Amrrr3 amt dId ~ "h'h ABOUT
t.,rutv wears of are.
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N"" l"rk IN 49, h'"'""I letters 'roi''
h.~ guardian which Introduced HIM ["
,..r,.,,. ,f Friends He soon found employ
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Who WI, then Il pupil well r'ihc'nncrc"
Linn Il, Il BRIGHT instructor.
H.. brrinlc ;, merchant from having
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icu.juo =, store and stocking it had to
give ND the cn;erplisc. Stewart, to say,
hi> own money stepped into the business
himself lie began trade 1T .N3 Broad
way, in September. 1875, renting onc-IAlf
Of :, store of - feet front, sleeping in Il
room in the rear of the store The capt
TIL invested was only 5000
He worked from the beginning 10y rule.
and il proved to him literally u golden
rule His own words tell it best:
- Wv business has been Il matter OF
principle from the start. llEtt IS All lhrf'
''''"' ~ ~ 'no To''n Wv y. "
il h,I boon ,nnn in Mi. establishment an,
YOU must have noticed. if YOU have ob>,rv
eel closely, that III" customer. are treate'
i''''N'IE ~ ''o S'',o' "."i2,i, ""'''' , INV
i ln .,,. rn,lin., !. n,i.r.,,rns.nt.j M.
: 81,
lowest po>>ibl" figure, and the clrcum
80, VI NV -:
The sm,II.st 'i,nl'r WHIT we ,.,nnn,
afford is violation of principle
The next year he moved to :. l.rrsl
store. and soon after made another chance
GOING neither time far AWAY from hi, oil,
mu,rtcrs however :, shrcvd was hi
bushes. instinct and 50 Great hi. cxp.ri
cn,c. that the 1887 crash WA. rather
,trppil q. stone 10 him than the ruin if W.,
TO Others. In ISIS lie built "A larre marbl,
store on Broadway and Chambers. Street
and from that time led the merchant, O
the country. Til, immense structure il
time could not accommodate hi, bushes,
and in 1860 he began the siN-storv bui,!
inc on Broadway and Tenth Streets. Thi
store cost nearly three millions. and to
Mr.. Stewart moved hi, retail business
using the Older store for the wholesale dc
pirtmcnt
He bought largely of rca. c>tttc, alwa,
-ine>s, whose sales amounted to fifty mill
ions Il wear, required thousands of work
men employed not only in New York, bu
throurhout Eurouc He owned severe
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Ior,I.l,nd
Mr. Stewart has ho.n con.id.r.l e, Inv,
n,n lint ,h.re ore MANY incidents tho
sho,,,J throw an i,onirer int. hi. cb.r,,,
u,,on III. o,,rd ~ ~ ;,J,;,r him, ,v;.I,o.,
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