Great Fortunes, and How They Were Made by Jr. James D. McCabe
page 67 of 631 (10%)
page 67 of 631 (10%)
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thousand to the State of Pennsylvania for her canals; and a portion of
his valuable estates in Louisiana to the Corporation of New Orleans, for the improvement of that city. The remainder of his property, worth then about six millions of dollars, he left to trustees for the erection and endowment of the noble College for Orphans, in Philadelphia, which bears his name. Thus it will be seen that this man, who seemed steeled to resist appeals for private charity in life, in death devoted all the results of his unusual genius in his calling to the noblest of purposes, and to enterprises of the most benignant character, which will gratefully hand his name down to the remotest ages of posterity. CHAPTER II. JOHN JACOB ASTOR. Those who imagine that the mercantile profession is incapable of developing the element of greatness in the mind of man, find a perfect refutation in the career of the subject of this memoir, who won his immense fortune by the same traits which would have raised him to eminence as a statesman. It may be thought by some that he has no claim to a place in the list of famous Americans, since he was not only German by birth, but German in character to his latest day; but it must be borne in mind that America was the theater of his exploits, and that he |
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