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Parton, James, 1822-1891

"Famous Americans of Recent Times"

In September, 1783, he possessed
a good suit of Sunday clothes, in the English style, and about fifteen
English guineas,--the total result of two years of unremitting toil
and most pinching economy; and here again charity requires the remark
that if Astor the millionaire carried the virtue of economy to an
extreme, it was Astor the struggling youth in a strange land who
learned the value of money.
In that month of September, 1783, the news reached London that Dr.
Franklin and his associates in Paris, after two years of negotiation,
had signed the definitive treaty which completed the independence of
the United States. Franklin had been in the habit of predicting that
as soon as America had become an independent nation, the best blood in
Europe, and some of the finest fortunes, would hasten to seek a career
or an asylum in the New World. Perhaps he would have hardly recognized
the emigration of this poor German youth as part of the fulfilment of
his prophecy. Nevertheless, the news of the conclusion of the treaty
had no sooner reached England than young Astor, then twenty years old,
began to prepare for his departure for the "New Land," and in November
he embarked for Baltimore.


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