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Updated: May 14, 2025
His tea cargoes would be sold for good four and six months paper, or perhaps cash; so that, for eighteen or twenty years, John Jacob Astor had what was actually a free-of-interest loan from Government of over five millions of dollars." It is estimated that Mr. Astor made about two millions of dollars by his trade in furs and teas.
His tea cargoes would be sold for good four and six months paper, or perhaps cash; so that for eighteen or twenty years John Jacob Astor had what was actually a free-of-interest loan from Government of over five millions of dollars." But it was neither his tea trade nor his fur trade that gave Astor twenty millions of dollars.
His tea cargoes would be sold for good four and six months paper, or perhaps cash; so that for eighteen or twenty years John Jacob Astor had what was actually a free-of-interest loan from the Government of over five millions of dollars." "One house," continues Barrett, "was Thomas H. Smith & Sons.
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