The remainder of his property, worth then about six millions of dollars, he left to trustees for the erection and endowment of the noble College for Orphans, in Philadelphia, which bears his name.

Thus it will be seen that this man, who seemed steeled to resist appeals for private charity in life, in death devoted all the results of his unusual genius in his calling to the noblest of purposes, and to enterprises of the most benignant character, which will gratefully hand his name down to the remotest ages of posterity.

CHAPTER II.

John Jacob Astor.

Those who imagine that the mercantile profession is incapable of developing the element of greatness in the mind of man, find a perfect refutation in the career of the subject of this memoir, who won his immense fortune by the same traits which would have raised him to eminence as a statesman.  It may be thought by some that he has no claim to a place in the list of famous Americans, since he was not only German by birth, but German in character to his latest day; but it must be borne in mind that America was the theater of his exploits, and that he owed the greater part of his success to the wise and beneficent institutions of the “New Land,” as he termed it.  In his own country he would have had no opportunity for the display of his great abilities, and it was only by placing himself in the midst of institutions favorable to progress that he was enabled to make use of his talents.  It is for this reason, therefore, that we may justly claim him as one of the most celebrated of American merchants.

John Jacob Astor was born in the village of Waldorf, near Heidelberg, in the Grand Duchy of Baden, on the 17th of July, 1763.  This year was famous for the conclusion of the Treaties of Paris and Hubertsburg, which placed all the fur-yielding regions of America, from the Gulf of Mexico to the Frozen Sea, in the hands of England.  He was the youngest of four sons, and was born of Protestant parents.  He was early taught to read Luther’s Bible and the Prayer-book, and throughout his whole life remained a zealous Protestant.  He was trained to the habit of rising early, and giving the first of his waking hours to reading the Bible and Prayer-book.  This habit he continued all through life, and he often declared that it was to him the source of unfailing pleasure and comfort.  His religious impressions were mainly due to his mother, who was a pious, thrifty, and hard-working woman, given to saving, and devoted to her family.

His father, on the contrary, was a jolly “ne’er do well,” a butcher by trade, and not overburdened with industry.  The business of a butcher in so small a village as Waldorf, where meat was a luxury to the inhabitants, was merely a nominal calling.  It knew but one season of real profit.  It was at that time the custom in Germany for every farmer to set apart a calf, pig, or bullock, and fatten it