Download PDF by Axel Madsen: John Jacob Astor: America's First Multimillionaire

By Axel Madsen

ISBN-10: 0471009350

ISBN-13: 9780471009351

ISBN-10: 0471385034

ISBN-13: 9780471385035

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J. liked to escape the city’s unswept and unsewered streets by having a horse saddled and riding out the road along the Hudson. The path took him through King’s Farm, stretching up along the west side of Broadway from Fulton Street to Duane Street and the Palisades, which marked the northern city limits. After the English conquest of Niew Amsterdam in 1664, the estate had become the property of the duke of York and, upon his ascension to the throne, named King’s Farm. When seven of the eight heirs to Widow Annetje Jans sold their parcels, the property was enlarged northward to today’s Christopher Street.

They knew the Roaring Forties, those westerlies that made the waters off Argentina the world’s stormiest seas year-round. They knew how treacherous rounding the Horn could be, and they knew how to catch the trade winds for crossing the Pacific (with stopovers in Hawaii to take on freshwater). One of those wily sea dogs taught John Jacob a costly lesson. Astor hired John Cowman, a master mariner, as the captain of the Magdalen, who told the owner that the insurance company insisted the ship be equipped with a chronometer.

William McGillivray was the president and Simon McTavish the organizer of the company. The roster included some formidable names, including Alexander Mackenzie, who was planning a journey across Canada to the Pacific via the Peace and Fraser Rivers, and Benjamin and Joseph Frobisher, descendants of Martin Frobisher, the navigator who had searched for the Northwest Passage and given his name to a bay in Arctic Canada. ” The “Northwesters” were successful. During the year 1793, for example, the company shipped 106,000 beaver, 2,100 bear, 1,500 fox, 400 kit fox, 16,000 muskrat, 32,000 marten, 1,800 mink, 6,000 lynx, 6,000 wolverine, 1,600 fisher, 100 raccoon, 1,200 dressed deer, 700 elk, and 550 buffalo skins.

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John Jacob Astor: America's First Multimillionaire by Axel Madsen


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