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Parton, James, 1822-1891

"Famous Americans of Recent Times"

He loved it as Morphy loves to
play chess, as Napoleon loved to plan a campaign, as Raphael loved to
paint, and Handel to compose.
The war of 1812 foiled the enterprise. "But for that war," Mr. Astor
used to say, "I should have been the richest man that ever lived." He
expected to go on expending money for several years, and then to gain
a steady annual profit of millions. It was, however, that very war
that enabled him to sustain the enormous losses of the enterprise
without injury to his estate, or even a momentary inconvenience.
During the first year of the war he had the luck to receive two or
three cargoes of tea from China, despite the British cruisers. In the
second year of the war, when the Government was reduced to borrow at
eighty, he invested largely in the loan, which, one year after the
peace, stood at one hundred and twenty.
Mr. Astor at all times was a firm believer in the destiny of the
United States. In other words, he held its public stock in profound
respect. He had little to say of politics, but he was a supporter of
the old Whig party for many years, and had a great regard, personal
and political, for its leader and ornament, Henry Clay.


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