CodalSearch this book — or all of Codal…⌘K
nydus/Great Fortunes, and How They Were MadePublic
Page 231 of 689
Table of Contents

CHAPTER X.

DANIEL DREW.

The name of Daniel Drew has so long been familiar in the financial circles of the country, that it is surprising that the history of his life is not more generally known.

He was born at Carmel, in Putnam County, New York, on the 29th of July, 1797. His father was a small farmer, with limited means, and had to work hard to provide his family with food and clothing. Young Daniel was brought up to work on the farm, and at such times as he could be spared from this work, was sent to the country school in the neighborhood, where he acquired but a meager stock of learning. When he was fifteen years old, his father died, leaving his family in an almost helpless condition. Young Daniel remained on the farm three years longer, and in 1815, being then eighteen years old, stared out to try and earn a living for himself.

He came to New York in search of employment, but the country, just then, was in too depressed a condition to afford him a chance in any regular business. After looking around for awhile, he at length became a cattle drover. He spent five years in driving cattle from Putnam County to New York for sale, but failed to make any money at the business.

In 1820, he removed to New York, and established his headquarters at the famous Bull's Head Tavern, in the Bowery, which was the great resort of the butchers and drovers doing business in the city. He kept this tavern a part of the time, and found it quite a profitable investment. He soon formed a partnership with two other drovers, and commenced buying cattle in the adjoining counties and bringing them to New York for sale.

231