wunder · Library

Part 43

Famous Americans of Recent Times · James Parton — chapter 43 of 44 · ~1,523 words · public domain

Read in the Wunder reader — free

To which Coster replied by confessing the real obstacle to the sale.

"The fact is," said he, "I can't sell unless Mrs. Coster consents. If she is willing, I'll sell for sixty thousand, and you can call to-morrow morning and ask her."

Mr. Astor presented himself at the time named.

"Well, Mr. Astor," said the lady in the tone of one who was conferring a very great favor for nothing, "we are such old friends that I am willing for your sake."

So the house was bought, and with the proceeds Mr. Coster built the spacious granite mansion a mile up Broadway, which is now known as Barnum's Museum. Mr. Astor used to relate this story with great glee. He was particularly amused at the simplicity of the old lady in considering it a great favor to him to sell her house at twice its value. It was at this time that he removed to a wide, two-story brick house opposite Niblo's, the front door of which bore a large silver plate, exhibiting to awestruck passers-by the words: "MR. ASTOR." Soon after the hotel was finished, he made a present of it to his eldest son, or, in legal language, he sold it to him for the sum of one dollar, "to him in hand paid."

In the decline of his life, when his vast fortune was safe from the perils of business, he was still as sparing in his personal expenditures, as close in his bargains, as watchful over his accumulations as he had been when economy was essential to his solvency and progress. He enjoyed keenly the consciousness, the feeling of being rich. The roll-book of his possessions was his Bible. He scanned it fondly, and saw with quiet but deep delight the catalogue of his property lengthening from month to month. The love of accumulation grew with his years until it ruled him like a tyrant. If at fifty he possessed his millions, at sixty-five his millions possessed him. Only to his own children and to their children was he liberal; and his liberality to them was all arranged with a view to keeping his estate in the family, and to cause it at every moment to tend toward a final consolidation in one enormous mass. He was ever considerate for the comfort of his imbecile son. One of his last enterprises was to build for him a commodious residence.

In 1832, one of his daughters having married a European nobleman, he allowed himself the pleasure of a visit to her. He remained abroad till 1835, when he hurried home in consequence of the disturbance in financial affairs, caused by General Jackson's war upon the Bank of the United States. The captain of the ship in which he sailed from Havre to New York has related to us some curious incidents of the voyage. Mr. Astor reached Havre when the ship, on the point of sailing, had every state-room engaged; but he was so anxious to get home, that the captain, who had commanded ships for him in former years, gave up to him his own state-room. Head winds and boisterous seas kept the vessel beating about and tossing in the channel for many days. The great man was very sick and still more alarmed. At length, being persuaded that he should not survive the voyage, he asked the captain to run in and set him ashore on the coast of England. The captain dissuaded him. The old man urged his request at every opportunity, and said at last: "I give you tousand dollars to put me aboard a pilot-boat." He was so vehement and importunate, that one day the captain, worried out of all patience, promised that if he did not get out of the Channel before the next morning, he would run in and put him ashore. It happened that the wind changed in the afternoon and wafted the ship into the broad ocean. But the troubles of the sea-sick millionaire had only just begun. A heavy gale of some days' duration blew the vessel along the western coast of Ireland. Mr. Astor, thoroughly panic-stricken, now offered the captain ten thousand dollars if he would put him ashore anywhere on the wild and rocky coast of the Emerald Isle. In vain the captain remonstrated. In vain he reminded the old gentleman of the danger of forfeiting his insurance.

"Insurance!" exclaimed Astor, "can't I insure your ship myself?"

In vain the captain mentioned the rights of the other passengers. In vain he described the solitary and rock-bound coast, and detailed the difficulties and dangers which attended its approach. Nothing would appease him. He said he would take all the responsibility, brave all the perils, endure all the consequences; only let him once more feel the firm ground under his feet. The gale having abated, the captain yielded to his entreaties, and engaged, if the other passengers would consent to the delay, to stand in and put him ashore. Mr. Astor went into the cabin and proceeded to write what was expected to be a draft for ten thousand dollars in favor of the owners of the ship on his agent in New York. He handed to the captain the result of his efforts. It was a piece of paper covered with writing that was totally illegible.

"What is this?" asked the captain.

"A draft upon my son for ten thousand dollars," was the reply.

"But no one can read it."

"O yes, my son will know what it is. My hand trembles so that I cannot write any better."

"But," said the captain,

"you can at least write your name. I am acting for the owners of the ship, and I cannot risk their property for a piece of paper that no one can read. Let one of the gentlemen draw up a draft in proper form; you sign it; and I will put you ashore."

The old gentleman would not consent to this mode of proceeding, and the affair was dropped.

A favorable wind blew the ship swiftly on her way, and Mr. Astor's alarm subsided. But even on the banks of Newfoundland, two thirds of the way across, when the captain went upon the poop to speak a ship bound for Liverpool, old Astor climbed up after him, saying, "Tell them I give tousand dollars if they take a passenger."

Astor lived to the age of eighty-four. During the last few years of his life his faculties were sensibly impaired; he was a child again. It was, however, while his powers and his judgment were in full vigor that he determined to follow the example of Girard, and bequeath a portion of his estate for the purpose of "rendering a public benefit to the city of New York." He consulted Mr. Irving, Mr. Halleck, Dr. Cogswell, and his own son with regard to the object of this bequest. All his friends concurred in recommending a public library; and, accordingly, in 1839, he added the well-known codicil to his will which consecrated four hundred thousand dollars to this purpose. To Irving's Astoria and to the Astor Library he will owe a lasting fame in the country of his adoption.

The last considerable sum he was ever known to give away was a contribution to aid the election to the Presidency of his old friend Henry Clay. The old man was always fond of a compliment, and seldom averse to a joke. It was the timely application of a jocular compliment that won from him this last effort of generosity. When the committee were presented to him, he began to excuse himself, evidently intending to decline giving.

"I am not now interested in these things," said he.

"Those gentlemen who are in business, and whose property depends upon the issue of the election, ought to give. But I am now an old man. I haven't anything to do with commerce, and it makes no difference to me what the government does. I don't make money any more, and haven't any concern in the matter."

One of the committee replied:

"Why, Mr. Astor, you are like Alexander, when he wept because there were no more worlds to conquer. You have made all the money, and now there is no more money to make." The old eye twinkled at the blended compliment and jest.

"Ha, ha, ha! very good, that's very good. Well, well, I give you something."

Whereupon he drew his check for fifteen hundred dollars.

When all else had died within him, when he was at last nourished like an infant at a woman's breast, and when, being no longer able to ride in a carriage, he was daily tossed in blanket for exercise, he still retained a strong interest in the care and increase of his property. His agent called daily upon him to render a report of moneys received. One morning this gentleman chanced to enter his room while he was enjoying his blanket exercise. The old man cried out from the middle of his blanket,--

"Has Mrs. ---- paid that rent yet?"

"No," replied the agent.

← Previous chapterAll chaptersNext chapter →

Famous Americans of Recent Times · The Wunder Library — complete classics, free to read, with narration.

© 2026 Wunder Learning LLC · Terms & Privacy