The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-02-25

the grounds, 100000. L. has an endow-
ment fund OF S2jQ,000, aud l.. managed hy
board of nine trustees, an of whom are
ladies. Nr. C0rconn's fifst New Years
call was always on bis "auests' at The
Home, and he also spent each birthday
with them
In ls4i Nr. Corcoron became financial
agent OF the STATE Department while
Daniel Webster was Secretary, and
an intimacy was formed between tn two
which continued Until the a.trr's celh
Ii MAS at this time that Mr. Corc9rmmlde
the bulk Of his great wealth. Owing TO the
disastrous condition ol the Government
financies eItor,s 10 negotiate loan had
failed at home aud abroad Mr. Corcorau
formed a partnership with Mr.. Rigg. and
agreed to take Government loan OF
- 100000 az l0l. rhe venture was a.
success, and Mr. C0rcorln Immediately
became
NOTED As A FIyANCIEE
His entire capital 20 the time did not
exceed $4,000, and isalIacity and pa
triOtism il taxing such risks caused the
credit OF the country ID be sustained
throughout The Mexican war, the firm of
Corcoran & Rigg, taking the necessary
loans.
On his return from England, where be
went in 1873 for the utp0sc OF persuad-
ing London capitalists to accept Amer
ican bonds, Mr. Corc0rn was rendered an
ovation in bOpOrot his great success. and
in Europe he Was haiei as the great
American financicr. On the day follow
ing Webster great speech .u the Senate
favoring the Clay compromise. Mrs Ncb-
ster received from lir COrcOrn all eyi-
dence OF her husbands Indebtedness
amounting to several thoucauis OF dol-
lars, and Webster publicly Acknowledged
the gift. when We ster retired from the
cabinet, his home was purchased by Mr.
COrcOgan, VINO still lives thIe. having
added numerous extensions aud improve,
ments.
ENJOYING UIs MONEY.
Many years ago lir Iorcorln said u
mean TO be selfish aulu. mg money /
shall be an formy owu enjoyment during
my lifetime, ] shall give aud enjoy o.,
happiness OF those to whom give. shall
not leave much behind m-. How self
! ish" he has teen nearly sii of the civil
lied world knows. for not only hay,
Americans been benefited by his gen
erosity but foreigners as wei, and many
Hungarian Immigrant Co thls country
blesses today the a.me of the maa w0o
gave so benevOieEly % bis cause IL
1850, and IIish families both in this au'
the old country, VIII never forget A
| liberality in contributing 10
THE FAMINE FUNDS
in 1s47 and 1910 In 1851 ,ir Corcoral
presented 10 his native town thc bcalli
/ iul and picturesque Oak hll Cemetery
on when he expended over Sl5OOJO. IL
commenced IN 1857 thD ereclon VI ih
/ Corcoran Art Gallery, which "as uulsue
/ in 1872, and inauguraied by grand pa
! fcr the benefit of The Washington Monu
ment, on NashinstOn's " Birthday. IN
building and ground cost S.jO,Ov0, an'
the nucleus OF the pictures now ther
were valued at 100000. The Gallery d
free to the public on ccrtaSS. oays, AM
the appreciation OF 10 is shown by tn
immense number OF persons who visit il
over 100, 900 going there in 1851 IL De-
Gently purchased a $4,000 Corot iron
the Morgan sale.
AMONG THE NOTED REQUESTS
of the deceased miliouaife's life, are hi
contribution Of Ss0O00 TO Ascension
church, his numerous donations TO cdu
cational Institutions in the South, hl
gift of the Trinidad tract 10 Colum5iar
! University, the bestOwti on the Protest
ant Orphan Asylum OF the site for %
building. and to the Columbian Luiyer
sity rs medical hall. His removal O.
John Howard Payne's remains to Home
Sweet Home" and the purchase o
monuments ID Bishop Pinkney an
Payne are some of his later acts oi ben
evidence.
Mr.. Corcoran retired from ihe firm o
Corcoran & Riggs In 1854, and soon afle
made trip through Europe with c&
President Fillmore. The management
Of his private fortune The duties attend
ing his numerous charitable enterprises
kept him busy in the lsst years OF hi
life. His confidential friend and secre
tary for the past thirty eight years "a
been Mr.. Anthony Hyde.
Mr.. Corcorsn leaves three grAnd.cli.d
ren. George Eusr.- who was married
wear ago TO his cousin, Mary LusIs
the daughter OF Senator Eusiis, Nii.ian
Eustis, now AZ college, and Miss Luil
Eustis These VII probably inherit th
bulk Of his fortune not bequea'ucd 20 O-
neyolent purposes.
TnE PRESIDENTIAL TRIP.