FREE BOOKS

Author's List




PREV.   NEXT  
|<   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164  
165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   >>   >|  
carefully and elegantly executed, and embracing the boundaries of an enormous estate. Seated by the table may generally be seen a stout-built man with large and unattractive features, and upon the whole an ordinary face. He is plainly dressed, and has a somewhat care-worn look, and appears to be fifty or sixty years of age. One naturally feels (that is, if he be a poor man) that it is quite a rare thing to address a capitalist, and especially when that capitalist is the representative, say of twenty-five millions of dollars. Such, at least, was our experience at our first interview with William B. Astor. Mr. Astor occupies an imposing mansion in Lafayette Place, and immediately adjoining is the magnificent library to which we have referred, and which should commemorate the name of the son as well as that of the father. At this house he spends that small portion of his time which is not occupied by his duties in Prince street, where he does a full day's work (Sundays excepted) every day in the week. Thus the daily routine of the richest man in America is a walk to and from home, of a half-mile or so, and close attention to business. The care of Mr. Astor's estate is a vast burden. His tenements of all grades number several hundreds, ranging from the dwelling at three hundred dollars per annum to the magnificent warehouse or hotel at thirty thousand dollars. To relieve himself from the more vexatious features of his business, he has committed his real estate collections to an agent who does the work well, and who is, no doubt, largely paid. He, with his clerks, collects rents, and makes returns of a rent-roll, whose very recital would be wearisome. As a matter of course, such a man must employ a small army of painters, carpenters, and other mechanics, in order to keep up suitable repairs. As Mr. Astor pays no insurance, the work of rebuilding after fires is in itself a large item. A large part of Mr. Astor's property consists of vacant lots, which are in continual demand, and which he generally prefers to hold rather than sell; hence he is much employed with architects and master-builders, and always has several blocks in course of erection. This is a very heavy burden, and were it not for the help derived from his family, would, we believe, crush him. However, his son, John Jacob, is quite a business man, and bears his share of the load. This young gentleman has shown his patriotism by serving in the army for the U
PREV.   NEXT  
|<   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164  
165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   >>   >|  



Top keywords:

business

 

dollars

 
estate
 

capitalist

 

generally

 

burden

 

magnificent

 

features

 

wearisome

 
carpenters

recital
 

matter

 

employ

 
painters
 
largely
 

relieve

 

vexatious

 
thousand
 

thirty

 
hundred

warehouse

 
committed
 
returns
 

collects

 

clerks

 

collections

 
derived
 

family

 

erection

 
blocks

architects
 

employed

 

master

 

builders

 

gentleman

 

patriotism

 

serving

 

However

 

rebuilding

 
insurance

suitable
 
repairs
 

prefers

 

demand

 

continual

 
consists
 

property

 

vacant

 

mechanics

 

address