Show r E A. A T. T STEWART STEWART L i V I r Fifty years rears ago A. A T. T Stewart w was is the most successful sue suc merchant perhaps in the thc world His Iris store stor i j 1 iii Nc Ncr York was a palace an and among the thc strong to business men in hi New York ho was a great master spirit People still remember Jer the j place he lie occupied tf t pic pied l and the thc younger r generation have ha been naturally natu- natu rally lally taught to tp look bock back upon him as the thc model great merchant It Jt is interesting then to review 1 If briefly a it little hi history tor of his life lIe was born in 1802 in Belr Belfast t Ireland In Iii his i- i boyhood days he lIe e was trained for tho and vv g- g gt got t along well in preparation for it but he had a that preaching was not hi his natural calling im f ky and 1 so after aftel he lie m matured he lie determined to give ghe lipf up lip f 1 lic j-lic the thc ministry and seel seck a fortune in the thc new world I i He reached New York in 1818 in iii a small Euro Euro- il pan an vessel lie He came caine sufficiently supplied with iJ l lC P to ins insure u him ag against immediate want and i letters or of of introduction which secured for br him Asocial position lie lIc tried in ih vain to secure sedur employ employ- S l in Ir a business house hIlt he lie did obtain a r. r f roii oi as assistant in a commercial school ol Then jie Jle jn 1 t to o a higher highl school where hii his salary was s per annum which wInch was considered ample Then Ihen h hid he id the the school and tid iJ 1 opened a a small retail dry dryg t g goods st rc in New York ork and began n busin business s on a al 3 l Jory ry humble scale scald l The hc year e l after anCl he heas was as 21 lie I ie returned to Ireland Ireland- to look after an inheritance left him h b by his grandfather The rhe amount which came I lo 0 him was nearly The most of this tIlls he hc int in- in t ii jn in n scallop trimmings and insertions m he lIe s shipped on on a n vessel essl l in l which ich he also reHe re- re 4 I 1 1 c. c Co He rented a little store at Broadway and j there here displayed is l ed thi the stock which met with ready ea ly l cale at a fair a-fair fair profit Then he Jle opened a store f nr was was his Ids own salesman bookkeeper and porter f rind d worked from fourteen to eighteen hours a day lie kept a small stock of goods hoods on n hand which Je purchased for cash cheaply cheap at auction sales and andis his is purchases were mostly sample lots He had hadl these l pu purchases se sent t to his hs store and land after th the th busi- busi of ot the da day was over o he and his wife would I the sample lot lots lots' and b by carefully assorting r T the them n bring order out of the confusion Every article was patiently gone over o b gloves cs w were le reb re- re J. J c cand and smoothed ea out ont la laces es' es pressed fl free C. C from froni t he creases creases creases' which calel careless ss bidders had twisted into them th them m. m and those made to look as fresh as though hough they had never been handled This made the arv arti ar ar- v tr ti look as good a as 11 new W and nearly the thc old price wn wa putS put upon them They were arranged jr lively i and as thc they wc were c OfT offered l' l d at a t cheaper price Lilian iI all was evidenced elsewhere they were verc quickly 1 A disposed of but the profits ts were very cry great as they were erO t. t bought hought for a mere mr trifle I A. A 1 2 F Par For r Mx years ears Mr rr rr- Stewart con conducted his busi- busi i. i J ss that wa way His Mis integrity as a merchant from froni the the first was unassailable and aud his lis example com coin ne lcd merchants not so conscientious as he to adopt rules Ills His rule was cash on on delivery lIe He lr lc 1 Jr hind had d great trouble in getting credit rc it and his lis cx- cx pl luri in b buying ing and aud selling J on him lito It determine 1 that hat his lis should bp a n cash store Then hen a t time nie when a u note wn was about t to come luc due l. l had 1111 not the thc money and still he ho knew that f f ft H t note was us not met his reputation w would uld 1 b l h he promptly marked d down Wll e every article in his l t ro considerably below elo the wholesale price mill anti ith circulars he advertised s d the thic cut nt in prices I 1 Then h ho had to 10 lease a larger large store then thell larger larger- r thi Looking ahead he lie saw the tho panic that was r 1 il hi 17 n and ho he prepared for it and that gie great t crisis which hi wrecked et so many did not not iol make a maK upon liim From that time his fortune was secure the h Chica Chicago o fire came anie he sent General Gen Gell- eral cLil l l Grant GrauL wanted to male make him sec secretary of the tj as r when he was president but ut law for for- p dc it j. j that office could not go to an importing merc I Ian t l He lIe lied died d in iti a of r the thc most successful f tl business JL SS careers ever l known in lh this Ins s b hit it h his R bod body was wa stolen from froni the has grave gra and has hils 1 teen been found oS |