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Jula Ward Howe, Reminiscences: 1819-1899 2 0 Browse Search
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Jula Ward Howe, Reminiscences: 1819-1899, Chapter 4: home life: my father (search)
eldest brother came home one day and said to me:— As I walked up from Wall Street to-day, I saw a dray loaded with kegs on which were inscribed the letters, P. W. & K. Those kegs contained the gold just sent to the firm from England to help our State through this crisis. My father once gave me some account of his early experiences in Wall Street. He had been sent, almost a boy, to New York, to try his fortune. His connection with Block Island families through his grandmother, Catharine Ray Greene, had probably aided in securing for him a clerk's place in the banking house of Prime and Sands, afterwards Prime, Ward and King. He soon ascertained that the Spanish dollars brought to the port by foreign trading vessels could be sold in Wall Street at a profit. He accordingly employed his leisure hours in the purchase of these coins, which he carried to Wall Street and there sold. This was the beginning of his fortune. A work published a score or more of years since, entitled