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The ancestor of the Havemeyers was a thrifty German who came to this country in the latter part of the eighteenth century, and, after engaging in various pursuits, opened a little sugar refinery in New York City, which soon brought him a comfortable income.
One of the great industries of the country is that of sugar refining, and it is inseparably connected with the name of Havemeyer, for to the Havemeyers is due its development and its formation into a so-called trust, which practically controls the market, and which has won great wealth for its organizers.
Forest and Quackenboss, where we spent the winter of 1854, reality, in the form of multitudinous mates, was to have swarmed about me increasingly: at Forest's the prolonged roll-call in the morning, as I sit in the vast bright crowded smelly smoky room, in which rusty black stove-shafts were the nearest hint of architecture, bristles with names, Hoes and Havemeyers, Stokeses, Phelpses, Colgates and others, of a subsequently great New York salience.
The Havemeyers and other factory owners, whose descendants are now enrolled among the conspicuous multimillionaires, were still in the embryonic stages when Vanderbilt towered aloft in a class by himself with a fortune of $105,000,000.
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