Cleveland Past and Present - Its Representative Men, etc. by Maurice Joblin
page 81 of 672 (12%)
page 81 of 672 (12%)
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to remove to that point.
Here he continued his connection with the forwarding business by opening an agency for the American Transportation Line of canal boats on the Erie canal, his office being at the foot of Superior street. In 1841, he engaged in the purchase and shipment of staves, the markets for which were Albany and New York. This branch of business he continued for about five years. In 1844, he built a steam elevator on River street, near his old stand, it being the first brick building erected on the river front. With the completion of this building he turned his attention more particularly to grain, receiving it by canal from the interior. On the opening of the Cleveland, Columbus and Cincinnati railroad, his elevator was easily connected with that line, and the first load of railroad wheat stored in Cleveland was received into his elevator. About the year 1840, Mr. Scott became interested in the lake marine by the purchase of the brig Amazon, of 220 tons, then considered a craft of good size. At the time of the purchase, the West was flooded with wild-cat money, and specie was very scarce. The brig was sold by order of the Chancellor of Michigan, and specie demanded from the purchaser, a condition that made buyers shy. In 1842, Mr. Scott purchased the schooner John Grant, of 100 tons, and in the following three years added to his little fleet the schooner Panama, of 100 tons, and the brig Isabella, of over 300 tons, the latter being something highly respectable in the way of lake shipping. Prudence, foresight, and careful enterprise made all his ventures reasonably successful. In 1865, he resolved to quit business and enjoy the |
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