The National cyclopædia of American biography : being the history of the United States as illustrated in the lives of the founders, builders, and defenders of the republic, and of the men and women who are doing the work and moulding the thought of the present time, edited by distinguished biographers, selected from each state, revised and approved by the most eminent historians, scholars, and statesmen of the day . years Avas oneof its leading citizens, and fora time its magistrate, post-master, and mayor. Williamreceived a collegiate educationat the Georgetown college, andbegan his business
The National cyclopædia of American biography : being the history of the United States as illustrated in the lives of the founders, builders, and defenders of the republic, and of the men and women who are doing the work and moulding the thought of the present time, edited by distinguished biographers, selected from each state, revised and approved by the most eminent historians, scholars, and statesmen of the day . years Avas oneof its leading citizens, and fora time its magistrate, post-master, and mayor. Williamreceived a collegiate educationat the Georgetown college, andbegan his business life as adry-goods merchant at George-town at the age of subsequently engaged in thebanking business in Washing-ton, forming, in 1839, a partner-ship with George W. Riggs,^jj^j-y^ ^^^-^ji;f7j ?( the son of a wealthv Mary- ^ff /?~VPirh>^T^*^^^ land gentleman. In 1844 the firm of Riggs & Corcoranpurchased the old United States bank building, op-posite the United States treasury. During the Mex-ican war the firm made extensive loans to the gov-ernment. These loans were unusual, and pronounced hazardous by the conservative bankers of the times—in fact Mr. Riggs deemed the investment so unwisethat he withdrew from the firm, but Mr. Corcoranemerged from the venture with safety, honor, andvast profit. In fact, this is considered the foundationof his great wealth. In 1835 Mr. Corcoran married.
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Keywords: ., bookauth, bookcentury1800, bookdecade1890, bookidcu31924020334755
