Discourse of the Life and Character of the Hon. Littleton Waller Tazewell by Hugh Blair Grigsby
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page 28 of 163 (17%)
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breaking the close. But the main harvest of the bar was from the
shipping and from commerce, the daughter of the sea, which was soon to be vexed by the imperial decrees and orders in council of foreign powers, and by some retaliatory legislation of our own. The highest standard of remuneration for the services of lawyers was what we would now deem low. Wirt, writing from Norfolk in 1805, considered two thousand dollars to be laid up at the end of the year a fair reward for the highest talents. One of the ablest leaders of the bar declared, seven years later, that when he was worth fifty thousand dollars he would retire from practice; while Wirt declared that he would retire as soon as he had accumulated a capital which would yield the annual interest of four thousand dollars. It is certain that all the members of the bar of that day, as did all of the merchants, died poor with two prominent exceptions; and when we reflect that those two men held the front rank at the bar, one of them at least twenty years, the other near thirty, and neither on his withdrawal could be deemed wealthy, the inference is irresistible that, though now and then in that interval a big fee came rolling in from some vessel caught in the act of violating the embargo, or, at a much later date, from some prize case in the war between Spain and her South American colonies, the rewards of legal merit were low. There was a branch of the old Bank of the United States, whose entire capital, distributed over the Union, was only ten millions. There was as yet, and fourteen years later, no daily paper. The _Herald_, then in its ninth year, was published three times a week, and was the organ of the democratic party. It was not until two years later that the _Ledger_ appeared in the field, under the lead of that able champion John Cowper, and gave the federal flag to the breeze. More than fourteen years were to elapse before a daily paper was established. The equinoctial storms |
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