The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-07-25

most impressive oflcials on the City Hall steps
q Chancery. and Just. after pesos' what With
horfeitures and war claims, that court gave him
ih ty have f' ss..S On a''s Rsrt Of t 4sD 'e GaS,, Local
who was ACKNOWLEDGEMENTS Of the State dur.
Ing eighteen consecutive years Immediately
srcst1srsndson, Pierre c coqSH hH Van W wei h as
gguporintendcnt Of tho assay ofice. / greeted
to King Georges court whom 'P pSossp %,sS'S Sp
c %sSy sG JAMES aofs Duane with the freedom q the
no period when snuH.tAkins was a disniaeSdi
ND graceful fashion. go
. commercial procession-this was in May,
New SSS| York 0T snip 'h TO 'S SSS irom VSSTSfI Sss S %itS {
export and incoming cargoes. l witnessed the
reception Of the lrst Spanish Ambassador, Don
Spein's devoted affection for tho new republic.
Minister, Sir John TePpis. I Lord ord mo North nl'S Ssd
Leaned s ned policy since : the battle of Yorktown. for
ernor. Sir John and Lady. Temple became very
popular IN New York society. and he was event
Ghancei, a memorial tablet, stu to be seen.
ss. Ss wa RiSsi from ns''i his f Pina st ssst o GhSs
ooloro arguing a case with Hamilton, and
asiiS BioSTs sG S oitSn h trod tho N 9 tt {sss o. Sr SO m fosiM %SIpy
I'm crested ;ss more siIs;iSsiS nan ths MI9is!sP
Ono otthem was William Louis Otto. who married
street mansion near broadway. He became
very popular in New York society and was a
S9nst.nt guest of the verplanck family at SO
for was not the FtderaIist written in Wall
the bank teller. William Pitt Palmer, and the
banker. Stedman. and the historian. Clewsi
stock broker broke 'H "pp a%%s q from 1n'S % S%H m street 'f IN
New fork's first directory; but the calling so
s ssspialy miner Increased sSS s, that IN 17ea; on my curb ;,.s
the button balls dropping on the heads of fifteen
brokers as they stood, a protective. association
Board OF stock Brokers and Stock Exchange It
is remarkable that these should have taken
curbstonc, broker ought. no longer to be
considered below par. Not until 1920 was
o oTsshiTs,l Iiso a. q ! eE %dao of HEokf IF. G ms%ps1s m Il
members offices, in rooms at the corner Of
Merchants Exchange in Wall street, whore for a
quarter century a regular stock exchange grew,
regulations were then substantially the same as
now. Finally; the board Quilted my domains
f@a s HsvsPah IN l.s f I rem sna the Ssw Eo s]afssfs p Of the
Stock Exchange, and proud of it
when Washington was inaugurated I felt
Should locally become ecor ,o one Of my disc diseipie s'TlT61 Them
nearly all the new Federal Senators lived in
Wall street residences, including BoudipSt Of
Lee OF Virginia. and Sumter of South Carolina
great revolutionary statesmen with whom I
in the picturesque attire OF the period. Those
were the days Of social and political glory for
was the Bank Of New York that set the pace for
that glory-dprinG seven years as an association
who had n country snaf yhara nnw rims fhn
street named after him. When the bank
became chartered Gulisn yerplsnek, ST.. sue.
the sristoerstio Herman Leroy, the shrewd
Wilkes, tho pondero ,as john oothont, and ndH that
great political economist. Charles p. Lcverich.
crease in number. Tic Bank Of the State took
the site OF the Eerpianck mHnsion; the Union
the Bank Of America that Of Charles Wilkes. in
which the famous Commodore was born. and the
United States Bank displaced the Lamlc man.
sion, that was once as great a show place at the
close OF the last century as are now the Wander
OF OH H amiiti%fs IN nlrah in nS Trinity. F go ot ies % %as
open in my domains: and the few banks closed
d'efs ove Ihhss sr the sh Hist e sEaT' society 81 Riy v orsa heed
In n Wall street office. By the time that Wall
siipest was as called HE w upon ~ more 9s1S or loss Ssd to bt find the e
financial centre. the mart for the operations Of
bankers. brokers, the rapidly. increasing insur-
oiSV oho stoSh
Boston and Baltimore and the infant West then
spoke Of Wall street as a money centre with
lit is a great pity that I could not have been
photographed from time to time during my
youth. suburban in my adolescence. con:
stantly changing my appearance from wood
e T,s,, brick sooH and somt to ,ro granite 1nns and marble IA r sss
the new Grecian temple Of a snb-treasury
erected during the later thlrties that super,
structure that is now dwarfed into comparative
architectural nsignincance J t was during these
thirties that my domains first smellcd grave
disasters; From every part of my domain on
the north j looked southward on that cold
acres Of buildings melting nei ieO away = in a' the g great eei
fire which has taken II historic niche beside
that of the great London fire Of the seventeenth
century. l was caught a year later in the Jack
Nick Biddle's bank and when all Wall streeter.
N"one Of my financial idols was that sweet ole
Swiss. Albert Gallatin. Even the meresl
on his hat. He was our American Prince Albert
and it was well to keep his memory green In the
p mar Ss Sf q Row Sn e the bank ebas; q hant for w III f fsS%I s,m'
rate two great Treasury Secretaries.
of course in my long life have had man.
smonR @y ann ina a n im snSjee Sso% can ! ai tru nGl 1if,
say q ali. however, that, With eTtraoordinariI!
few exceptions. considering adverse tempta
at the Exchange. Much OF the business in IN!
uOHlalHS "db IThuSdCIcu lHOrc uulcT Ut COuc ID
honor than OF direct contract, although the pop
ular impressions OF Wall street honor have beer
otherwise. Not to go too far back, l was cspe
cially fond of Jacob Little. who was my fnan
cial leader during the ~forties. I shall entitl'
him the Marshal ,Scy OF operators. because h,
was so daring and dashing. / bring him person
his prime. with his clean.shaven face
with his ingenious, almost unsuspicious ant
conading youthful look out of dreamy eyes, hi
firm and readily smiling face that unintention
ally made him a very confidence, man; He
dressed In mid age rs neatly as a. Columbia Col
lego student, and in tasteful business suits
wearing a Byronic collar. He had luxuriant
picturesque hair. He was never known to be
come ~irascible or lose temper. or be discourte
showed him to Sc secretiye. This week h
would be long OF the market and ncxt weel
be carrying shorts, changing his purchas
ing or selling tactics according to rapidly pass
ing events. like a bold and quickly thinkin!
general on a battlefield. He was. as a Wa
street king needs to BIO, full OF nerve. His CON
binations were unusually clever. But he re
manned too long in power, and the strain upon hi
bodily and his mental system was too prolonged
SO that toward the last Of his career he lost hi
head, and his fortune melted away. 1t was sa!
for me. and all Wall street, to see him. after nj
disaster, moving among his old set as unseate
and M HanraQaaH No Murahnl Nav in IN