The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1876-04-18
A. 7. Stewart.

A. Il. Stewart, the second Cresus Oh
America, died at his residence in New
York, Gu Monday Of last week. The i'm.
mepse fortune which he has left behind
him is not the only consideration which
awakens the public interest. WIN b.
Aston, who died but few months ago,
left larger fortune than Stewart, but his
life had no interest to tho public except /
in the curiosity it excited. But the
name of A. T. Stewart has been before
the country 10 SO prominent manner,
not ouly as a man Of wealth but as a man
of business. culture and taste, a. a rhilan-
thropist, as a patron Of the fine arts and
especially as an example Of hopest THRIFT
10 business, for SO many years, that too
much cannot be said Of him TO satisfy the
public mind.
His accumulations have been yariously
estimated at from eighty millions Of dol
lars down to twenty-five millions. The
annual rental and profits Of his business
are estimated at one million. The chief
investments OF his property are his Tenth
Street store of eight stories each story
covering two acres, manned by two thou
sand employees Grand Union hotel at
Saratoga Garden City, fine aud last
growing town little way out on Long
Island his white marble palace on 34th
Street his uncompleted hotel for work
ING women on 4th Avenue his wholesale
establishment down town; large num-
her of WOODEN and cotton mills all over
the country, aud various profitable real
estate investments in the city OF New
York.
Mr.. Stewart was born near Belfast, III
r ireland. Oct. 81, 1902. He entered
Trinity College, Dublin, but did not
graduate. He came to this country IN
1918 aud engaged in teaching but the
occupation proving dstastoiul to him. ne
left it and went into trade with capi'al
not over $500. From that time he
gradually came up until he became the
wealthiest man. s is supposed, but one IN
America. lie married Miss Clinch o.
New York, but never mad any children
G His personal habits were unOstentatlou!
. and he made few appearances IN public
i. life. Ia 1859 he was appointed secrota'
v ry of the treasury, but by au old law II
=. was thought he was ineligible and he re-
It signed
!, Mr. Stewart is said to have been more
/. distinguished for acts of private CHART,
e than for those which came to public no
:, tice but instances of priucely generoslt'
). are not lacking in biz career. Ia ISL,
!. he sent shipload of provisions to tb
n furnishing Irish, and in 1862 he sent
70 shipload to the Lancashire sutierers Tn
Chicago fire of October, 1871, caused
,s him to suffer heavy losses, but notwith
Y standing these he gave 100000 to tn
i. relief of the sufferers. His purchase o
d land at Hampstead l.. l., for the Purpos
N of furnishing homesteads to laboring mel
N at pricea within their means, and hi
/. erection of marble hotel for workin
women (uucompleted) are fresh in tn
minds of the community tony remain
10 to add that throughout bis entire lit
p Mr. Stewart was distinguished for his un
,e swerving integrity and close apPlicatio
J. to his own business He never above
Is himself to wander into new fields Of spec
D. ulation aud his word was always as goo
- as his bond Mr. Stewart leaves an Ell
y viable example for the young men
T. America.