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THE OLD MERCHANTS OF NEW YORK CITY Second Series By Walter Barrett, Clerk 1863 MERCHANT DESCRIPTIONS CHAPTER 33
CAPTAIN JOHN ASPINWALL It would be a very difficult matter to find a name more famed in mercantile annals in this city for the last one hundred years, than that of Aspinwall. Old John Aspinwall____father of Gilbert & John Aspinwall, a famous mercantile house in this city in 1790, was a sea captain. He commanded vessels out of this port long before the Revolutionary War. He was made a member of the Marine Society, April 13, 1772, but he had been a master of a vessel long before that. He was also in mercantile business, and he owned considerable real estate. In 1761, the Colonial Legislature that then met in this city, passed a law that all buildings to be erected after 1766 in New York, south of the Fresh Water (below Duane street,) should be of stone or brick, covered with slates or tiles. Such materials could not be had in sufficient quantities, and so the time was extended to 1768, when it was finally extended to 1774. After that date, no wooden buildings were to be erected, nor any houses to be covered with shingles, in what is now first, Second, Third, and part of the Fourth and Sixth Wards. The law was beheld with such horror, that the citizens applied to the Legislature to have it suspended. It was not granted. Three thousand then signed a petition to the Governor, May 2, 1774. The list of names is headed by John Aspinwall. It was the most funny petition ever got up. They had never had any very large fires in the city but two years later a fire broke out that destroyed 500 buildings, including Trinity Church, of which this same John Aspinwall was vestryman from 1756 to 1760. The petitioners stated in the most affecting terms, that if no wooden buildings were allowed to be put up, and nothing but brick or stone, with slate or tiles on the roof, there would be fearful times in the city. "Useful members of society will be unable to pay their just debts, the wives and families of many will become burdensome to the city, and jails will be filled with objects of the greatest compassion, viz: men willing to extricate themselves by their daily labor from which they are prevented by this grievous law." It seems incredible that sensible men would have so thought not quite a hundred years ago. Captain John Aspinwall married late in life, then settled down, and became the father of six children. He bought a country seat and mansion at Flushing, L.I. and there he assisted mainly to erect a church. His sons were Gilbert, William and John. He had three daughters. He died about 1779. His youngest son, John, was born about a month after his father died. One daughter married Abijah Hammond, a great man in this city, in the Revolution, and afterward. He owned a large quantitity of land on this island, and ought to have been worth more than Astor. Taxes and assessments were high, and his tracts were unproductive. He owned nearly all of that part of the city called Greenwich. He sold a large portion of his real estate at auction to pay taxes, and Astor bought it. He has a son living in this city, I believe. Another daughter married Colonel Platt, a revolutionary officer. There was a third daughter, but I do not know who she married. FIRM OF GILBERT & JOHN ASPINWALL Gilbert Aspinwall lived at 29 William street in 1790, and next year formed a partnership with Nehemiah Rogers, under the firm of Rogers & Aspinwall. Gilbert, at that time was ensign of a military company in town. In 1794, Gilbert took into partnership his brother, John, and they did business at No. 186 Queen street, under the firm of Gilbert & John Aspinwall. They were heavy importers as well as wholesale jobbers of dry goods, and all importers in early New York had to be, for even the importer could not sell over a case of goods at a time, and more frequently had to sell by the piece. They also did a large general commission business, and received consignments of goods from foreign ports, as well as domestic merchandise. they were large purchasers of domestic produce for foreign account, and the old house shipped abroad largely on their own account. They owned several ships; also after the brothers parted, each owned vessels. Gilbert owned the ship "Aristomines," about 350 tons burthen. She traded direct to St. Petersburg. Gilbert and John did the business for some years of a large house in St. Petersburg, sold Russian goods to the extent of $100,000 per annum, and never made a bad debt for the foreign house. In those days, and down to 1814, the great merchants of New York, never kept a guarantee account. They sold the goods for the owner, and they ran the risk, not the sellers. They did the best possible. The losses finally became so severe to the foreign houses who consigned merchandise to this port, that they proposed that the seller should guarantee all such sales and charge therefore a guarantee commission of 2 1/2 per cent. The old system developed great integrity in the commission merchant. John Aspinwall also owned vessels. He was for making money rapidly. One of his vessels was the brig "Blooming Rose." In the war, she went into the French business, and cleared $20,000 in one trip. Gilbert was plain, methodical, and extremely prudent. John was more venturesome, and a very generous man. In 1795, when Queen was changed to Pearl, the number was 207. Until 1800 the brother Gilbert lived over his store. That year he moved to No.80 Greenwich street, and the store to 216 Pearl street. In 1803, Gilbert lived at 2 Beaver Street, corner of Broadway, and there he remained until he died in 1819. Gilbert was in many of the leading financial corporations as a director, and among others he was in the Eagle Fire Insurance Company, and also he was a director in 1805, of the Northern and Western Canal Company. He was in the Ocean Insurance Company. He was a Governor of the New York Hospital in 1799, and in 1819, when he died in that office. The concerns of G. & J. Aspinwall were as methodical as a clock. All the Old Merchants of the time used to have what they called files. They were made of thick pasteboard, neatly covered, and about the size of a half-sheet of foolscap. A little brass wire ran through this pasteboard, and had a sharp point with a hook. These hung up on nails; and were very neatly labelled "Bills Paid," "Memorandums," "Bills of Lading Inward," "Bills of Lading Outward." These were neatly backed by the head clerk or partner. The stationers kept them of every variety and pattern. It is many years since I have seen a genuine one, the same seen sixty or eighty years ago. I suppose there are families who possess these relics, but they must be very rare. FIRM OF G. ASPINWALL & SON In 1812, the two brothers dissolved partnership. John kept the old store, and Gilbert a year or two afterwards took his son John M. into partnership, under the firm of G. Aspinwall & Son. His place of business was at 3 Coenties slip, and afterwards at 98 Pearl street. When Gilbert died, John M. continued the business at the same place, but resided at 26 Whitehall street. In those days, Whitehall street was the residence of some of the most noted merchants. Jonathan Goodhue resided on the corner of Pearl and Whitehall for many years. Many suppose that this Whitehall name was derived from the English Whitehall. It is not so. In old times, say in 1661, before the capture of the city by the British, the best house in town was the Governor's. It stood in Water, between Whitehall and Moore streets. It was built by Governor Stuyvesant, of stone and called the "Governor's House." The water came up to it. It was called the "White Hall" by the people, and this gave the name to the street in after years. John M. only continued business a year or two, and then he died in 1829. He married a Miss Winthrop, a daughter of Francis B. Winthrop. The second son was named Thomas Sowers, after his old grandfather the captain___his mother's father. He was a young man of uncommon promise. After he graduated from college, he went to study law with the eminent Slosson, at 48 Pine street. He continued there until he died in 1813, aged twenty-one. JAMES SCOTT ASPINWALL Another son was named James Scott Aspinwall, after old James Scott, who had married the sister of Mr. Gilbert Aspinwall. He was a Scotchman, did a large business in Washington street, and lived at 102 Greenwich street. He was a great friend of Robert Lenox. He was a son of James Scott who did business in this city as early as 1784, under the firm of James Scott & Co. All of these Scotts belonged to the St. Andrew's Society. Old James joined in 1784, and young James in 1801. James S. married one of the accomplished and beautiful Miss Maxwells. There were three sisters . Their father, Dr. Maxwell, was a celebrated physician in Scotland when he died. His widow, an accomplished lady, came out to New York city. One daughter married George Douglass, who died a short time ago, a man of large property. Another daughter married Mr. Rogers. Mrs. Maxwell is still living, but a very aged lady. The son, James S. Aspinwall, was regularly bred in a South street counting-room, but in 1830 went into the drug business with Wm. L. Rushton, who had started in 1828, at No. 81 William street, between Liberty and Maiden Lane. The new house was Rushton & Aspinwall. For years the concern did an immense business, both wholesale and retail. The largest wholesale store was in William street. At one time there was a retail branch at No. 110 Broadway, and another under the Astor House. I think the partnership between Rushton & Aspinwall was not dissolved until 1843, and Mr. Aspinwall, old Gilbert's son, kept the wholesale store No. 86 William street, which had been built for the firm by old Mr. Post, the owner of the property. There the wholesale store has been kept until now. He was in that thirty-one or thirty-two years. A more methodical man or merchant never existed. I do not think he was ever sick or absent a day from his business from that cause since he commenced it. William Hegeman, who has founded several drug stores, was brought up by the old house. G. & J. Aspinwall received consignments of cotton from every part of the South. James Scott was in the same business. He had a country seat on Long Island. He had no children. Rufus King had a place in his vicinity. Miss Aspinwall (Mrs. Scott) had an immense cat that she was very fond of, and exhibited it to visitors. She only died a short time ago, aged eighty-six years. THE FRIENDLY CLUB At the time Gilbert lived over his store, at No. 207 Pearl, in 1796--'7, he was a prominent member of a society called "The Friendly Club." In those days there was not the promiscuous dissipation that there is now. There were no frightfully bad liquors either. Men of standing__young or old___drank freely, and thought no harm of it: but they drank at each other's houses, or at some famous resort, like Baker's Tavern in Wall street. Now, this Friendly Club to which I have alluded, met in rotation at the house of the members every Tuesday evening. If it was in Winter, refreshments were served, or could be had from the side-board---wines, metheglin, cider, cakes, hickory nuts and apples. They were an intellectual sort of people in those days. The member who received his friends at his house had to read a passage from some author, in order to lead conversation into a particular channel. All form was rejected. As soon as the host for the evening had read a passage every one took turns in talking about it. It kept up for some years until after Washington's death, when the member of the Friendly Club began to take sides with the Republican and Federal parties, headed by the elder Adams and Jefferson, and they got wrangling, and eventually broke up. Among the members of the Friendly Club was William Duynlap, the historian, who then managed the new theatre (Park). There was James Kent the Recorder, Charles Brockden Brown, the author of "Wieland," W. W. Woolsey, his brother George Muirnson Woolsey, Dr. Samuel M. Mitchell, William Johnson, Anthony Bleeker, Dr. Edward Miller, John McVickar, Dr. Elihu H. Smith. He died during the yellow fever of 1798, and was carried to the grave by a few of the club, when the pestilence had become so fearful that everybody who could quit New York had done so, and no persons were seen in the streets except such as were engaged in burying dead people. Gilbert Aspinwall did not leave his business or his house. He had the fever in 1795, and consequently, in after years, when the fever prevailed in 1798, 1803 and 1805, he never feared it. GILBERT ASPINWALL (continue) Gilbert Aspinwall in 1768 married Ann, a daughter of Captain Thomas Sowers, one of the New York sea captains of the olden time. Besides the sons I have named,___John M., Thomas Sowers, and James Scott, he had three daughters. Elizabeth S. married John Van Buren, a large merchant in Washington Street, thirty-five years ago. He was in the flour trade, and also owned a distillery. He resided in the old Beaver street mansion owned by Gilbert Aspinwall and where he had lived so long. The Van Burens moved out to Ohio some years ago, and have quite a numerous family. She is still alive. Rebecca, the second daughter, married the celebrated Dr. Francis E. Berger, the celebrated French physician in this city from 1825. He and his family are now in Paris. Sarah, a younger daughter, married Thomas Irving, of the well known house of Thomas Irving & Co. WILLIAM ASPINWALL The second son of old Captain John Aspinwall, William, died early in life. He left but one child, a daughter. She married the well known David Hadden, an eminent merchant before 1810, and many years afterwards. His descendants keep up the firm of Hadden & Co. yet. David Hadden was one of the most respected men in this city. He was president of the St. Andrew's Society many years, and a great favorite with the Scotch people in the town. He was a prudent, careful man. OTHER ASPINWALL FAMILY MEMBERS John Aspinwall, the youngest brother of Gilbert married Miss Howland, a sister of Gardner G. & S.S. Howland. They had several children. One was William H. Aspinwall, the founder of Aspinwall city. Another son was G. Woolsey, another, John Lloyd Aspinwall. William H. married Ana Breck of Bristol, Delaware. Her father was a member of Congress from Pennsylvania, and she was adopted by a Mrs. Lloyd, from whom she received a fortune of $70,000. Her money was invested in the building No. 57 Wall street. William H. Has one son named J. Lloyd Aspinwall, who is at the present moment one of the firm of Howland & Aspinwall, the great house founded by his father. Another son is at present in Gambier College, Ohio. His name is John A. He is studying for the ministry. The oldest daughter of W.H. married Renwick, the architect___a son of Professor Renwick of this city. He has others. George Woolsey Aspinwall, another son of old merchant John, was bought up by G.G. & S. Howland. He went to Philadelphia, and formed the house of Pope & Aspinwall. He married Miss Hare, the daughter of the celebrated Dr. Hare, and a great belle in her day. He is dead. John Lloyd Aspinwall, another brother, was once a partner in the house of Howland & Aspinwall. He married Miss Breck, a sister of Mrs. W.H. Aspinwall. He retired from business, and lives in a magnificent country seat upon the banks of the North river, and his brother William H. also has a superb seat near Tarrytown. Mr. Read of Charleston, S.C., married another Miss Breck. Besides these sons, John Aspinwall had three daughters___Margaret, who married Doctor Hodge, of Philadelphia; Emily Phillip, who married Edward John Woolsey, a son of George Muirison Woolsey; and Mary Rebecca, who married a son of James Roosevelt, of the Isaac Roosevelt family. W. H. Aspinwall had been brought up in the house of G.G. & S.S. Howland, his uncles. They gave him an interest in the business, and he signed the name of the firm as early as early as 1830 or 1831. He received twenty per cent. of the commission account. He became an open partner, under the name of Howland & Aspinwall, about 1837. At that time the two old Howlands went out, leaving about $150,000 each in cash as special partners. William Edgar Howland, a son of G.G., was one of the general partners, W.H. Aspinwall the other, William H. was the engineer of the house. When he went out of the house his brother John Lloyd became a partner, with Mr. Comstock. It would require a volume to give any idea of the mercantile career of W.H. Aspinwall, and yet he is, comparatively speaking, quite a young man. His father lived until 1848 or 1849, at 60 Bleecker street. The latter years of his life he was a broker in Wall street. His wife died a few years ago. He never did much business as a broker, though he was greatly respected. MISCELLANEOUS INFORMATION A large drug house, like that of Rushton & Aspinwall, with their wholesale store at one point and their retail stores in the most prominent parts of the city, must have had a great many young men with them. I think the only one with the old house soon after it first started was William Hegeman. I can recollect when he was a smart, active boy in William street, not over twelve years of age. After Rushton & Aspinwall dissolved, I think Mr. Aspinwall kept on the wholesale store in William street, and Rushton the retail drug store on Broadway, under the firm of Rushton & Co. Mr. Rushton took in a Mr.Clarke who had formerly been a partner in the firm of Clarke & Saxton, in Broadway. Shortly after, Rushton died. I think at that time Mr. Hegeman, Who was the man of the business, was a partner of Rushton & Co., and afterwards Rushton, Clarke & Co.. The stores were at 110 and 273 Broadway, and 10 Astor House, in 1850. Clarke was no druggist. Then the firm was Clarke, Hegeman & Co. Then Clarke left, and his son came in under the firm of Hegeman, Clarke & Co., with stores at 165, 273, 511 and 756 Broadway. Later it became Hegeman & Co., occupying the above stores, except changing 273 to 399 Broadway. I believe the company consists of Henry King, who has charge at 399 Broadway, corner of Walker, and of Ray B. Easterbrook, who is at 511, under the St. Nicholas. They have an establishment for making soda water, that supplies the whole city. Mr. Hegeman himself is not only the best druggist in the city, but he is a man of great wealth and refinement. He has his house filled with pictures of great merit, and what is more meritorious, he painted them himself. In this chapter I have commenced at the fountain head___when New York had but its 12,000 inhabitants___with old Captain Aspinwall, of 1762, down to the present day. Certainly but for the old captain, there would have been no Howland & Aspinwall, with their ships and trade all over the world, or the drug house of Aspinwall, and the half dozen well kept drug stores on Broadway, of Hegeman & Co. The family of Moses, and the other brothers Rogers, were originally from Connecticut, where they resided before the war, but some of them taking part in the favor of the crown and against the rebellion of 1776, went away to the British Provinces. There was a Moses Rogers who was a captain of a ship out of this port, and was the commander of the steamship "Savannah" that sailed from this city in March, 1819. She went to Savannah, Ga. She left Savannah on the 25th of May, and arrived at Liverpool on the 20th June. She left there 23d July for St. Petersburgh, moored off Cronstadt the 5th of September, left there the 10th October and arrived back at Savannah on the 30th November. She did not meet with a single accident. This was really the commencement of Atlantic steam navigation. In April 22d and 232d, 1838, British steamers the "Sirius" and the "Great Western" arrived in this city. This was not the first successful experiment, although the british officers were loaded with honors. A New Yorker, Moses Rogers, is entitled to the real fame. He stopped five days with his steamship "Savannah" at Copenhagen, and four days ast Arundel, in Norway. She was visited by the Emperor of Russia, Alexander the First, and also by Bernadotte, King of Sweden. Each made Captain Moses Rogers a present, as a token of their approbation of his skill and enterprise. The "Savannah" afterwards went to Constantinople, where Captain Moses Rogers also received a present from the Sultan. The present from the Emperor of Russia was a silver tea-kettle___the first noticed generator and condensor of steam. I regret to hear of the death of Philip Dater, Esq., of the house of Daters & Co., in this city. Mr. Dater had been connected with the grocery trade for some forty years, formerly as one of the firm of Lee, Dater & Miller, and at the time of his death at the head of the firm of Daters & Co. Long in business, he was always noted for his nicety in all business relations. He was a man full of charity to the poor, as many now living can testify, and peculiarly genial in his social relations. We gave a lengthy sketch of him in the first series. Source: The Old Merchants of New York City Author: Walter Barrett, Clerk Second series Publisher: Carleton, Publisher, 413 Broadway Entered according to the Act of Congress 1863 _____________________________________ Researched, Prepared and Contributed by Miriam Medina For the Brooklyn Information Page Back To The OLd Merchants of NYC 1863 Back To BUSINESS Main Return to BROOKLYN Info Main Page