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it would do most good." Political economists demonstrate that an investment which is the best for the investor must of necessity be the best for the public. Here, again, we were lucky. When we wanted houses more than we wanted coal, he built houses for us; and when we wanted coal more than we wanted houses, he set his money to digging coal; charging nothing for his trouble but the mere cost of his subsistence.

One fault he had as a public servantβ€”for we may fairly regard in that light a man who wields so large a portion of our common estate. He was one of the most timid of men. He was even timorous. His timidity was constitutional and physical. He would take a great deal of trouble to avoid crossing a temporary bridge or scaffolding, though assured by an engineer that it was strong enough to bear ten elephants. Nor can it be said that he was morally brave. Year after year he saw a gang of thieves in the City Hall stealing his revenues under the name of taxes and assessments, but he never led an assault upon them nor gave the aid he ought to those who did. Unless he is grossly belied, he preferred to compromise than fight, and did not always disdain to court the ruffians who plundered him.

This was a grave fault. He who had the most immediate and the most obvious interest in exposing and resisting the scoundrels, ought to have taken the lead in putting them down. This he could not do. Nature had denied him the qualities required for such a contest. He had his enormous estate, and he had mind enough to take care of it in ordinary ways; but he had nothing more. We must therefore praise him less for the good he did in his life, than for the evil which he refrained from doing.

Peter Cooper PETER COOPER.

On an April morning in 1883 I was seated at breakfast in a room which commanded a view of the tall flag-staff in Gramercy Park in the city of New York. I noticed some men unfolding the flag and raising it on the mast. The flag stopped mid-way and dropped motionless in the still spring morning. The newspapers which were scattered about the room made no mention of the death of any person of note and yet this sign of mourning needed no explanation. For half a lifetime Peter Cooper had lived in a great, square, handsome house just round the corner, and the condition of the aged philanthropist had been reported about the neighborhood from hour to hour during the previous days; so that almost every one who saw the flag uttered words similar to those which I heard at the moment:β€”

"He is gone, then! The good old man is gone. We shall never see his snowy locks again, nor his placid countenance, nor his old horse and gig jogging by. Peter Cooper is dead!"

He had breathed his last about three o'clock that morning, after the newspapers had gone to press; but the tidings spread with strange rapidity. When I went out of the house two hours later, the whole city seemed hung with flags at half-mast; for there is probably no city in the world which has so much patriotic bunting at command as New York. Passengers going north and west observed the same tokens of regard all along the lines of railroad. By mid-day the great State of New York, from the Narrows to the lakes, and from the lakes to the Pennsylvania line, exhibited everywhere the same mark of respect for the character of the departed. A tribute so sincere, so spontaneous and so universal, has seldom been paid to a private individual.

It was richly deserved. Peter Cooper was a man quite out of the common order even of good men. His munificent gift to the public, so strikingly and widely useful, has somewhat veiled from public view his eminent executive qualities, which were only less exceptional than his moral.

I once had the pleasure of hearing the story of his life related with some minuteness by a member of his own family, now honorably conspicuous in public life, and I will briefly repeat it here. More than ninety years ago, when John Jacob Astor kept a fur store in Water Street, and used to go round himself buying his furs of the Hudson River boatmen and the western Indians, he had a neighbor who bought beaver skins of him, and made them into hats in a little shop near by, in the same street. This hat-maker, despite his peaceful occupation, was called by his friends Captain Cooper, for he had been a good soldier of the Revolution, and had retired, after honorable service to the very end of the war, with a captain's rank. Captain Cooper was a better soldier than man of business. Indeed, New York was then a town of but twenty-seven thousand inhabitants, and the field for business was restricted. He was an amiable, not very energetic man; but he had had the good fortune to marry a woman who supplied all his deficiencies. The daughter of one of the colonial mayors of New York, she was born on the very spot which is now the site of St. Paul's Church at the corner of Broadway and Fulton Street, and her memory ran back to the time when the stockade was still standing which had been erected in the early day as a defense against the Indians.

There is a vivid tradition in the surviving family of Peter Cooper of the admirable traits of his mother. She was educated among the Moravians in Pennsylvania, who have had particular success in forming and developing the female character. She was a woman in whom were blended the diverse qualities of her eminent son, energy and tenderness, mental force and moral elevation. She was the mother of two daughters and seven sons, her fifth child being Peter, who was born in 1791.

To the end of his life, Peter Cooper had a clear recollection of many interesting events which occurred before the beginning of the present century.

"I remember," he used to say, "that I was about nine years old at the time when Washington was buried. That is, he was buried at Mount Vernon; but we had a funeral service in old St. Paul's. I stood in front of the church, and I recall the event well, on account of his old white horse and its trappings."

A poor hatter, with a family of nine children, must needs turn his children to account, and the consequence was that Peter Cooper enjoyed an education which gave him at least great manual dexterity. He learned how to use both his hands and a portion of his brain. He learned how to do things. His earliest recollection was his working for his father in pulling, picking, and cleaning the wool used in making hat-bodies, and he was kept at this work during his whole boyhood, except that one year he went to school half of every day, learning a little arithmetic, as well as reading and writing. By the time he was fifteen years old he had learned to make a good beaver hat throughout, and a good beaver hat of that period was an elaborate and imposing structure.

Then his father abandoned his hat shop and removed to Peekskill on the Hudson, where he set up a brewery, and where Peter learned the whole art and mystery of making beer. He was quick to learn every kind of work, and even as a boy he was apt to suggest improvements in tools and methods. At the age of seventeen, he was still working in the brewery, a poor man's son, and engaged in an employment which for many and good reasons he disliked. Brewing beer is a repulsive occupation.

Then, with his father's consent, he came alone to New York, intending to apprentice himself to any trade that should fake his fancy. He visited shop after shop, and at last applied for employment at a carriage factory near the corner of Broadway and Chambers Street. He remembered, to his ninetieth year, the substance of the conversation which passed between him and one of the partners in this business.

"Have you room for an apprentice?" asked Peter.

"Do you know anything about the business?" was the rejoinder.

The lad was obliged to answer that he did not.

"Have you been brought up to work?"

He replied by giving a brief history of his previous life.

"Is your father willing that you should learn this trade?"

"He has given me my choice of trades."

"If I take you, will you stay with me and work out your time?"

He gave his word that he would, and a bargain was madeβ€”twenty-five dollars a year, and his board. He kept his promise and served out his time. To use his own language:β€”

"In my seventeenth year I entered as apprentice to the coach-making business, in which I remained four years, till I became 'of age.' I made for my employer a machine for mortising the hubs of carriages, which proved very profitable to him, and was, perhaps, the first of its kind used in this country. When I was twenty-one years old my employer offered to build me a shop and set me up in business, but as I always had a horror of being burdened with debt, and having no capital of my own, I declined his kind offer. He himself became a bankrupt. I have made it a rule to pay everything as I go. If, in the course of business, anything is due from me to any one, and the money is not called for, I make it my business oh the last Saturday before Christmas to take it to his business place."

It was during this period of his life, from seventeen to twenty-one, that he felt most painfully the defects of his education. He had acquired manual skill, but he felt acutely that this quality alone was rather that of a beaver than of a man. He had an inquisitive, energetic understanding, which could not be content without knowledge far beyond that of the most advanced beaver. Hungering for such knowledge, he bought some books: but in those days there were few books of an elementary kind adapted to the needs of a lonely, uninstructed boy. His books puzzled more than they enlightened him; and so, when his work was done, he looked about the little bustling city to see if there was not some kind of evening school in which he could get the kind of help he needed. There was nothing of the kind, either in New York or in any city then. Nor were there free schools of any kind. He found a teacher, however, who, for a small compensation, gave him instruction in the evening in arithmetic and other branches. It was at this time that he formed the resolution which he carried out forty-five years later. He said to himself:β€”

"If ever I prosper in business so as to acquire more property than I need, I will try to found an institution in the city of New York, wherein apprentice boys and young mechanics shall have a chance to get knowledge in the evening."

This purpose was not the dream of a sentimental youth. It was a clear and positive intention, which he kept steadily in view through all vicissitudes until he was able to enter upon its accomplishment.

He was twenty-one years of age when the war of 1812 began, which closed for the time every carriage manufactory in the country. He was therefore fortunate in not having accepted the proposition of his employer. During the first months of the war business was dead; but as

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