John Jacob Astor by Elbert Hubbard
page 14 of 28 (50%)
page 14 of 28 (50%)
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This marriage was a business partnership as well as marital and proved a success in every way. Sarah was a worker, with all the good old Dutch qualities of patience, persistence, industry and economy. When her husband went on trips she kept store. She was the only partner in which he ever had implicit faith. And faith is the first requisite in success Captain Cook had skirted the Pacific Coast from Cape Horn to Alaska, and had brought to the attention of the fur-dealing and fur-wearing world the sea-otter of the Northern Pacific He also gave a psychological prophetic glimpse of the insidious sealskin sacque. In Seventeen Hundred and Ninety, a ship from the Pacific brought a hundred otterskins to New York. The skins were quickly sold to London buyers at exorbitant prices The nobility wanted sea-otter, or ``Royal American Ermine,'' as they called it. The scarcity boomed the price. Ships were quickly fitted out and dispatched. Boats bound for the whale fisheries were diverted, and New Bedford had a spasm of jealousy. Astor encouraged these expeditions, but at first invested no money in them, as he considered them ``extra hazardous.'' He was not a speculator. |
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