Chapter II
Reading edition
CHAPTER II.
JOHN JACOB ASTOR.
Legitimate business the field of success—Reasons for claiming Astor as an American—Birth and early life—Religious training—The village of Waldorf—Poverty—The jolly butcher—Young Astor's repugnance to his father's trade—Unhappy at home—Loses his mother—His desire to emigrate to the "New Land"—Leaves home—His voyage down the Rhine—Reaches London and enters the service of his brother—His efforts to prepare for emigration—Learns to speak English—Peace between the United States and Great Britain—The road to the "New Land" open—Astor sets out for America—His first ventures in commerce—The voyage—How he proposed to save his Sunday clothes—Arrival in the Chesapeake—The ice-blockade—Astor makes a friend—The fur trader's story—Astor sees the way to fortune—Reaches New York—His first situation—Learning the business—His method of proceeding—An example to young men—His capacity for business operations—He is promoted—His journeys to Canada, and their results—Sets up in business for himself—The fur trade of North America—A survey of the field of Astor's operations—His capital—His tramps into the wilderness in search of furs—Predictions as to the future settlement of the country—His first consignment to England—His marriage—A good wife—Improvement in his prospects—Buys his first ship—The secret of his success—Close attention to business—His economical habits—His indorsement disputed by a bank clerk—Statements of the profits on furs—He engages in the Chinese trade—How the Government aided the early China traders—Amount made by Astor in his legitimate business—His real estate operations—His foresight and courage—How eight thousand dollars yielded eighty thousand—His real estate in the City of New York—Purchases the half of Putnam County—The Roger and Mary Morris estate controversy—Astor wins his suit, and makes half a million of dollars—Astor's scheme of colonization—A grand enterprise—Settlement of Astoria—Betrayed by his agents, and the scheme brought to failure—Astor withdraws from active business—His boyhood's vow and its fulfillment—Builds the Astor House—His voyage to Europe—The return—The troubles of a millionaire—The great man seasick—A curious draft—The last years of his life—His fondness for literary men—His death and burial—His will—Opposite views of his character—How his refusal to buy a chronometer cost him seventy thousand dollars—He remembers an old friend—His gift of a lease—His humor—"William has a rich father."