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Parton, James, 1822-1891

"Famous Americans of Recent Times"

They told each other their past
history, their present plans, their future hopes. The stranger
informed young Astor that he too had emigrated to America, a few years
before, without friends or money; that he had soon managed to get into
the business of buying furs of the Indians, and of the boatmen coming
to New York from the river settlements; that at length he had embarked
all his capital in skins, and had taken them himself to England in a
returning transport, where he had sold them to great advantage, and
had invested the proceeds in toys and trinkets, with which to continue
his trade in the wilderness. He strongly advised Astor to follow his
example. He told him the prices of the various skins in America, and
the prices they commanded in London. With German friendliness he
imparted to him the secrets of the craft: told him where to buy, how
to pack, transport, and preserve the skins; the names of the principal
dealers in New York, Montreal, and London; and the season of the year
when the skins were most abundant. All this was interesting to the
young man; but he asked his friend how it was possible to begin such a
business without capital.


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