FREE BOOKS

Author's List




PREV.   NEXT  
|<   409   410   411   412   413   414   415   416   417   418   419   420   421   422   423   424   425   >>  
e in heaping up enormous masses of capital. Having retired from business, Mr. Astor determined to fulfil the vow of his youth, and build in Broadway a house larger and costlier than any it could then boast. Behold the result in the Astor House, which remains to this day one of our most solid, imposing, and respectable structures. The ground on which the hotel stands was covered with substantial three-story brick houses, one of which Astor himself occupied; and it was thought at the time a wasteful and rash proceeding to destroy them. Old Mr. Coster, a retired merchant of great wealth, who lived next door to Mr. Astor's residence, was extremely indisposed to remove, and held out long against every offer of the millionaire. His house was worth thirty thousand dollars. Astor offered him that sum; but the offer was very positively declined, and the old gentleman declared it to be his intention to spend the remainder of his days in the house. Mr. Astor offered forty thousand without effect. At length the indomitable projector revealed his purpose to his neighbor. "Mr. Coster," said he, "I want to build a hotel. I have got all the other lots; now name your own price." To which Coster replied by confessing the real obstacle to the sale. "The fact is," said he, "I can't sell unless Mrs. Coster consents. If she is willing, I'll sell for sixty thousand, and you can call to-morrow morning and ask her." Mr. Astor presented himself at the time named. "Well, Mr. Astor," said the lady in the tone of one who was conferring a very great favor for nothing, "we are such old friends that I am willing for your sake." So the house was bought, and with the proceeds Mr. Coster built the spacious granite mansion a mile up Broadway, which is now known as Barnum's Museum. Mr. Astor used to relate this story with great glee. He was particularly amused at the simplicity of the old lady in considering it a great favor to him to sell her house at twice its value. It was at this time that he removed to a wide, two-story brick house opposite Niblo's, the front door of which bore a large silver plate, exhibiting to awestruck passers-by the words: "MR. ASTOR." Soon after the hotel was finished, he made a present of it to his eldest son, or, in legal language, he sold it to him for the sum of one dollar, "to him in hand paid." In the decline of his life, when his vast fortune was safe from the perils of business, he was still as sparing
PREV.   NEXT  
|<   409   410   411   412   413   414   415   416   417   418   419   420   421   422   423   424   425   >>  



Top keywords:

Coster

 

thousand

 
offered
 

retired

 
business
 

Broadway

 

proceeds

 

consents

 

granite

 

mansion


spacious

 
bought
 

morning

 

morrow

 
conferring
 
friends
 
presented
 

eldest

 

language

 
present

finished
 

dollar

 

fortune

 

perils

 
sparing
 
decline
 

passers

 

simplicity

 

amused

 

Museum


Barnum
 

relate

 

removed

 

silver

 

exhibiting

 

awestruck

 

opposite

 

projector

 

covered

 
stands

substantial

 
houses
 
ground
 

imposing

 

respectable

 
structures
 

occupied

 
thought
 

merchant

 
wealth