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HORACE BRIGHAM CLAFLIN (1811-1885)

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Originally appearing in Volume V06, Page 418 of the 1911 Encyclopedia Britannica.
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HORACE BRIGHAM CLAFLIN (1811-1885)  ,
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American merchant, was born in
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Milford, Massachusetts, on the 18th of December 1811 . He was educated at Milford Academy, became a clerk in his
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father's store in Milford, and in 1831, with his
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brother
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Aaron and his brother-in-law
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Samuel Daniels, succeeded to his father's business . In 1832 the
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firm opened a branch store in Worcester, Mass., and in 1833 Horace B . Claflin and Daniels secured the
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sole control of this establishment and restricted their dealing to dry goods . In 1843 Claflin removed to New York City and became a member of the firm of Bulkley & Claflin, whosesale dry goods merchants . In 1851 and in 1864 the firm was reorganized, being designated in these respective years as Claflin, Mellin &
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Company and H . B . Claflin & Company . Under Claflin's management the business increased so rapidly that the sales for a time after 1865 probably exceeded those of any other mercantile house in the
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world . Though the firm was temporarily embarrassed at the beginning of the
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Civil War, on account of its large business interests in the South, and during the
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financial panic of 1873, the promptness with which Mr Claflin met these crises and paid every
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dollar of his liabilities greatly increased his reputation for business ability and integrity . He died at
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Fordham, New York, on the 14th of November 1885 .

End of Article: HORACE BRIGHAM CLAFLIN (1811-1885)
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