st ever made by any
man--and Mr. Stewart finally withdrew from the contest.
There can be no doubt that he would have been the best Secretary that
could have been placed at the head of the Treasury. His great financial
experience and his unquestioned ability were better qualifications than
those possessed by any politician in the land. Perhaps the best proof of
the satisfaction which his appointment produced in the minds of the
thinking men of the country is the manner in which the news affected
the money market. Gold fell as soon as the announcement was made.
Few strangers ever come to New York and depart without visiting
Stewart's famous store at the corner of Tenth Street and Broadway. The
lower, or wholesale store, is far more important to its owner; but it
conducts its operations exclusively with dealers, and in such a quiet
and systematic way that it seems to attract but little attention among
the masses. It is the upper or retail store that is the wonder of the
great city in which it is located.
It is constructed of iron, in the style of arcade upon arcade, and is
lighted by numerous windows. It fronts two hundred feet on Broadway, and
three hundred feet on Ninth and Tenth Streets. It covers an area of
about two acres, is five stories and an attic in height, and has two
cellars underneath. It is warmed by steam, and contains several
steam-engines for hoisting goods, running the machines employed in the
manufacturing department, and forcing water into the immense tank at the
top of the building. Six elevators and several handsome stairways
connect the various floors. Three of the elevators are used for
conveying customers up and down, and the others for hoisting and
lowering goods. The building is lighted by several thousand gas jets,
which are all set aflame simultaneously by electricity.
The various floors, with the exception of the first, are broken only by
a rotunda, which extends to the roof, and is inclosed at each floor by a
massive iron balustrade. Leaning over one of these balustrades, and
looking up or down, the sight is brilliant and attractive. Thousands of
persons are scattered about the floors making purchases. Hundreds of
clerks, salesmen, and cash boys are busy serving them, and the buzz and
hum of human voices under the vast roof sounds like the droning of a
hive of bees.
The service of this immense establishment is arranged as follows: There
is one general superintendent, with nineteen a
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