FREE BOOKS

Author's List




PREV.   NEXT  
|<   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54  
55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   >>   >|  
owed money to him, partly for rum, in part for loans.[32] The same was true of Peter Jacob Marius, a rich merchant who died in 1706, leaving behind a host of debtors, "which included about all the male population on Manhattan Island."[33] This eminent counter-man was "buried like a gentleman." At his funeral large sums were spent for wine, cookies, pipes and tobacco, beer, spice for burnt wine and sugar--all according to approved and reverent Dutch fashion. The actual currency left by some of these rich men was a curious conglomeration of almost every stamp, showing the results of a mixed assemblage of customers. There were Spanish pistoles, guineas, Arabian coin, bank dollars, Dutch and French money--a motley assortment all carefully heaped together. Without doubt, those enterprising pirate captains, Kidd and Burgess, and their crews, were good customers of these accommodating and undiscriminating merchants. It was a time when money was triply valued, for little of it passed in circulation. To a people who traded largely by barter and whose media of exchange, for a long time, were wampum, peltries and other articles, the touch and clink of gold and silver were extremely precious and fascinating. Buccaneers Kidd and Burgess deserved the credit for introducing into New York much of the variegated gold and silver coin, and it was believed that they long had some of the leading merchants as their allies in disposing of their plundered goods, in giving them information and affording them protection. THE TRADERS' METHODS. By one means or another, some of the New York merchants of the period attained a standing in point of wealth equal to not a few of the land magnates. William Lawrence of Flushing, Long Island, was "a man of great wealth and social standing." Like the rest of his class he affected to despise the merchant class. After his death, an inventory showed his estate to be worth L4,032, mostly in land and in slaves, of which he left ten.[34] While the landed men often spent much of their time carousing, hunting, gambling, and dispersing their money, the merchants were hawk-eyed alert for every opportunity to gather in money. They wasted no time in frivolous pursuits, had no use for sentiment or scruples, saved money in infinitesimal ways and thought and dreamed of nothing but business. Throughout the colonies, not excepting Pennsylvania, it was the general practice of the merchants and traders to take advanta
PREV.   NEXT  
|<   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54  
55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   >>   >|  



Top keywords:

merchants

 

Island

 
wealth
 

Burgess

 

standing

 

customers

 

silver

 

merchant

 

period

 

Flushing


attained

 
magnates
 
William
 

Lawrence

 
protection
 
leading
 

allies

 

disposing

 

believed

 

credit


introducing

 

variegated

 

plundered

 

METHODS

 

TRADERS

 

giving

 

information

 

affording

 

inventory

 
scruples

sentiment

 

infinitesimal

 
pursuits
 

gather

 

opportunity

 
wasted
 

frivolous

 
thought
 

dreamed

 
practice

general

 

traders

 

advanta

 
Pennsylvania
 

excepting

 

business

 
Throughout
 

colonies

 

showed

 
deserved