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ALEXANDER TURNEY STEWART (1803-1876)

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Originally appearing in Volume V25, Page 912 of the 1911 Encyclopedia Britannica.
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ALEXANDER TURNEY See also:STEWART (1803-1876)  , See also:American See also:merchant, was See also:horn, of Scotch descent, at See also:Lisburn, near See also:Bel-fast, See also:Ireland, on the 12th of See also:October 1803 . He studied for the See also:ministry for about two years at Trinity See also:College, See also:Dublin, emigrated to New See also:York in 1823, and in 1825 opened a small dry goods See also:store In 1848 he built at the corner of See also:Chambers See also:Street and Broadway a store which became the wholesale See also:department upon the completion in 1862 of the large store on Broadway between Ninth and Tenth Streets . The business See also:grew to enormous proportions for those days, with See also:foreign branches in See also:Manchester, See also:Belfast, See also:Glasgow, See also:Berlin, See also:Paris and See also:Lyons . Stewartwas chairman of the See also:commission sent by the See also:United States to the Paris Exposition of 1867 . In 1869 he was appointed secretary of the See also:treasury by See also:President U . S . See also:Grant, but the See also:Senate refused to confirm the See also:appointment because of an old See also:law excluding from the See also:office any one interested in the importation of merchandise . Grant asked See also:Congress to See also:repeal the law, and See also:Stewart offered to See also:transfer his business to trustees and to give its proceeds while he held office to charitable institutions, but the nomination was never confirmed . Stewart sent to Ireland a shipload of provisions during the See also:famine of 1846; he manufactured and sold to the See also:government, at less than the prevailing rates, See also:great quantities of See also:cotton See also:cloth for the use of the See also:army during the See also:Civil See also:War; he took an active See also:part in the See also:prosecution of the " See also:Tweed See also:Ring " in New York; he sent a shipload of See also:flour to the See also:French sufferers from the Franco-See also:German War, and he gave $50,000 to the sufferers from the See also:Chicago See also:fire of 1871 . In 1869 he bought some 7000 acres on the Hempstead See also:Plain, See also:Long See also:Island, New York, and established See also:Garden See also:City for working men . The See also:cathedral of the Incarnation (See also:Protestant Episcopal) dedicated in 1885, was erected in Garden City by Stewart's widow as a memorial to him . He died in New York on the loth of See also:April 1876,1 leaving the bulk of his great See also:fortune to his widow, Mrs See also:Cornelia (Clinch) Stewart (18oz-1886)2 .

His large See also:

art collection was sold by See also:auction in New York in 1887 . See See also:William O . See also:Stoddard, " See also:Alexander Turney Stewart," in Men of Business (New York, 1893) ; " A Merchant See also:Prince," in Chambers's See also:Journal (1876), vol. liii . ; See also:Edward Crapsey, " A See also:Monument of See also:Trade," in The See also:Galaxy (1882), vol. ix.; " Stewart's," in The Nation (1882), vol. xxxiv . ; " The See also:Story of a Millionaire's See also:Grave," in Chambers's Journal (1888), vol. lxv.; and See also:George \V . Walling, Recollections of a New York See also:Chief of See also:Police (New York, 1887) .

End of Article: ALEXANDER TURNEY STEWART (1803-1876)
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