The Life and Times of Stephen Girard, Mariner and Merchant - Vol. 1

The Life and Times of Stephen Girard, Mariner and Merchant - Vol. 1

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The Life and Times of Stephen Girard, Mariner and Merchant - Vol. 1

The Life and Times of Stephen Girard, Mariner and Merchant - Vol. 1

Read FREE!

Excerpt

Stephen Girard by will bequeathed to the Commonwealth of Pennsylvania $300,000 and to the City of Philadelphia cash and real estate amounting in 1831 to over$6,000,000. Never before had a private citizen of theUnited States bequeathed so vast a sum for the publicgood. By careful management the invested capital ofthe various trust funds created by his will now amountsto over $32,700,000. Despite the great benefit the Cityhas received from the income of these trust funds, andthe community from the education of orphan boys inthe College, no biography of Stephen Girard has hithertobeen written, although he has been 86 years in his grave.A few sketches have been published, and a book byStephen Simpson was issued immediately after the deathof Girard in 1831. The author was one time a clerk inGirard's Bank, and, disappointed and disgruntled becausehe was not made cashier, avenged himself by writing abiography, false by deliberate intent and by lack ofinformation.

Material for the story of the life of Girard as mariner,merchant and banker is abundant. The Girard manuscripts number more than 50,000 pieces. Of these, 14,000are contained in his office letter books and represent hisside of a voluminous correspondence. Some 36,000 areletters from his captains, supercargoes, agents, correspondents in every seaport of Europe from Petrograd toTrieste, in China, in the East Indies, in San Domingoand the West Indies, in South American ports, fromcorrespondents in our own country and from bankers inEurope, Great Britain and at home. The remainder of the . . .

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