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Parton, James, 1822-1891

"Famous Americans of Recent Times"

"
So the house was bought, and with the proceeds Mr. Coster built the
spacious granite mansion a mile up Broadway, which is now known as
Barnum's Museum. Mr. Astor used to relate this story with great glee.
He was particularly amused at the simplicity of the old lady in
considering it a great favor to him to sell her house at twice its
value. It was at this time that he removed to a wide, two-story brick
house opposite Niblo's, the front door of which bore a large silver
plate, exhibiting to awestruck passers-by the words: "MR. ASTOR." Soon
after the hotel was finished, he made a present of it to his eldest
son, or, in legal language, he sold it to him for the sum of one
dollar, "to him in hand paid."
In the decline of his life, when his vast fortune was safe from the
perils of business, he was still as sparing in his personal
expenditures, as close in his bargains, as watchful over his
accumulations as he had been when economy was essential to his
solvency and progress. He enjoyed keenly the consciousness, the
feeling of being rich. The roll-book of his possessions was his Bible.


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