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McCabe, James Dabney, 1842-1883

"Great Fortunes, and How They Were Made"

He can not afford to
waste it upon idlers. In social life he is said to be exceedingly
affable.
The greater portion of Mr. Stewart's immense fortune is invested in real
estate. Besides his two stores on Broadway, he owns the Metropolitan
Hotel and the New York Theater, also on Broadway; nearly all of Bleecker
Street from Broadway to Depauw Row, several churches, a number of
buildings, and many valuable lots. He resides at the north-east corner
of the Fifth Avenue and Thirty-fourth Street. Immediately opposite he is
building one of the finest residences in the world, and the most superb
in America. He owns more real estate than any man in America except
William B. Astor, and is the most successful merchant in the world.
Mr. Stewart is said to be extremely liberal in his donations to objects
which meet with his sympathy. The majority of these donations are
quietly made, as he has a repugnance to public charities. He gave
liberally to the cause of the Union during the war. During that struggle
he sent a cargo of provisions to Ireland, where much distress existed,
and then invited as many emigrants as the vessel would carry to take
passage to America in her, free of charge.


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