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See also: American See also: merchant, was See also: born at See also: Conway, Massachusetts, on the 18th of See also: August 1835
.
Reared on a See also: farm, he obtained a See also: common school and See also: academy See also: education, and at the age of seventeen became a clerk in a dry goods store at See also: Pittsfield, Mass
.
In 1856 he removed to See also: Chicago, where he became a clerk in the large See also: mercantile establishment of Cooley, Wadsworth & See also: Company
.
In 186o the See also: firm was re-organized as Cooley, Farwell & Company, and he was admitted to a junior partnership
.
In 1865, with See also: Potter See also: Palmer (1826—1902) and Levi Z
.
Leiter (1834—1904), he organized the firm of See also: Field, Palmer & Leiter, which subsequently became Field, Leiter & Company, and in 1881 on the retirement of Leiter became
See also: Marshall Field & Company
.
Under Field's management the See also: annual business of the firm increased from $12,000,000 in 1871 to more than $40,000,000 in 1895, when it ranked as one of the two or three largest mercantile establishments in the See also: world
.
He died in New See also: York city on the 16th of See also: January 1906
.
He had married, for the second See also: time, in the previous See also: year
.
Field's public benefactions were numerous; notable among them being his gift of See also: land valued at $3oo,00o and of $1oo,000 in See also: cash to the University of Chicago, an endowment fund of $1,000,000 to support the Field Columbian Museum at Chicago, and a bequest of $8,000,000 to this museum
.
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