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Parton, James, 1822-1891

"Famous Americans of Recent Times"

To get all that he could, and
to keep nearly all that he got,--those were the laws of his being. He
had a vast genius for making money, and that was all that he had.
It is a pleasure to know that sometimes his extreme closeness defeated
its own object. He once lost seventy thousand dollars by committing a
piece of petty injustice toward his best captain. This gallant sailor,
being notified by an insurance office of the necessity of having a
chronometer on board his ship, spoke to Mr. Astor on the subject, who
advised the captain to buy one.
"But," said the captain, "I have no five hundred dollars to spare for
such a purpose; the chronometer should belong to the ship."
"Well," said the merchant, "you need not pay for it now; pay for it at
your convenience."
The captain still objecting, Astor, after a prolonged higgling,
authorized him to buy a chronometer, and charge it to the ship's
account; which was done. Sailing-day was at hand. The ship was hauled
into the stream. The captain, as is the custom, handed in his account.
Astor, subjecting it to his usual close scrutiny, observed the novel
item of five hundred dollars for the chronometer.


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