. A history of the Bank of New York, 1784-1884. as Clarkson. As he participated in two ofthe greatest reverses of the Americans,—the defeat onLong Island and the fall of Charleston,—so he was en-gaged in two of their most brilliant achievements,-—thecapitulation of General Burgoyne and of Lord Corn-wallis. At the close of the war he retired to civil life, thoughhe was a gfeneral officer in the miHtia for more thanfourteen years. He manifested a deep interest in thepolitics of the commonwealth, and was elected to bothhouses of the State Legislature. A federalist in hisprinciples, and associated


. A history of the Bank of New York, 1784-1884. as Clarkson. As he participated in two ofthe greatest reverses of the Americans,—the defeat onLong Island and the fall of Charleston,—so he was en-gaged in two of their most brilliant achievements,-—thecapitulation of General Burgoyne and of Lord Corn-wallis. At the close of the war he retired to civil life, thoughhe was a gfeneral officer in the miHtia for more thanfourteen years. He manifested a deep interest in thepolitics of the commonwealth, and was elected to bothhouses of the State Legislature. A federalist in hisprinciples, and associated with Hamilton, Jay, andothers, he exercised his personal influence in the sup-port of such men and measures as in his view wereidentified with the happiness and prosperity of thecountry. For a time he was engaged in business withJohn Vanderbilt, under the firm name of Vanderbilt &Clarkson. After a successful partnership his mer-cantile relations with Mr. Vanderbilt were dissolved;and, conducting business for a short time on his own. MATT HE Y7 CLARK Si.^N. ^« fOssfsSiofi Clark^on.^,t. 64- /*^- THE BANK OF NEW YORK. 79 account, he at length became associated in his brothersfirm, which was known as S. & L. Clarkson & Co. Several positions of emolument and honor were, atdifferent times, offered to General Clarkson, amongothers the collectorship of the port of New York, butthey were all declined. General Clarkson died on the 2 5th of April, 1826 ;but a few days after his resignation. The last yearsof his life were principally devoted to the promotion ofthose institutions which reflect so much honor on thereligion, the education, and the benevolence of thiscountry. Chancellor Kent said of him that : Itwas his business and his delight to afford consolationto the distressed, to relieve the wants of the needy,to instruct the ignorant, to reclaim the vicious, tovisit the fatherless and the widow in their affliction,and to keep himself unspotted from the world.


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Keywords: ., bookcentury1800, bookde, booksubjectbanksandbanking, bookyear1884