. The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York. bank. While his competitors chased impecu-nious creditors, he drank with a friend, who had beenequally fortunate, to failures which could no longer disturbus. To while away time, he played chess with his book-keeper. The panic was severe, but of short duration;bankers more than merchants were affected, and thewriter began to extend credit again to solvent customersthe following spring. When Fort Sumter was bombarded in 1861 and the CivilWar began, almost every North
. The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York. bank. While his competitors chased impecu-nious creditors, he drank with a friend, who had beenequally fortunate, to failures which could no longer disturbus. To while away time, he played chess with his book-keeper. The panic was severe, but of short duration;bankers more than merchants were affected, and thewriter began to extend credit again to solvent customersthe following spring. When Fort Sumter was bombarded in 1861 and the CivilWar began, almost every Northern merchant who tradedwith the South was ruined. The banks realized that theGovernment could not borrow sufficient money to bring thewar to a successful end, and suspended in December, 1861,except the Chemical, where the writer kept his business had grown and included foreign anxious to protect his European creditors, he calledon the bank to inquire about a balance of some $5000 he hadon deposit. His mind was relieved when he was promptlyassured that this balance had been placed to his credit in. ANTON ADOLPH RAVEN iident and bank official; horn Curasao, Dutchptember 30, 1833; son of John R. and Petronella(Hutchings) Raven; paternal ancestry English; maternal itors emigrated from Holland to New York and afterwards settledin the Dutch West Indies; boyhood spent on Island of St. Thomasuntil seventeen years old, when he came to New York City;married in New York City, i860, Gertrude Oatman; has four chil-dren, of whom one, thcRcv. John Howard Raven, is professor ofOld Testament languages and exegesis in the Theological Semi-nary of the Reformed Church in America, at New Brunswick,.\. J. Became clerk in office of Atlantic Mutual Insurance Co.,January 4, 1852; advanced successively to underwriter, fourthvice-president, thirl president, vice- president (1895-1897), since then president. 1 lonorary vice-presi-dent and trustee of Home Life Insurance Co.; dire
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