Struggles and Triumphs - P. T. Barnum (top 20 books to read txt) 📗

copy, though I had never before seen the work and did not know the wholesale price. The result was that he obtained eighty subscribers in two days, and made $50. My own venture in the work was not so successful; I advertised largely, had plenty of agents, and, in six months, sold thousands of copies; but irresponsible agents used up all my profits and my capital.

While engaged in this business I once more leased Vauxhall saloon, opening it June 14th, 1841, employing Mr. John Hallett, my brother-in-law, as manager under my direction, and at the close of the season, September 25th, we had cleared about two hundred dollars. This sum was soon exhausted, and with my family on my hands and no employment I was glad to do anything that would keep the wolf from the door. I wrote advertisements and notices for the Bowery Amphitheater, receiving for the service four dollars a week, which I was very glad to get, and I also wrote articles for the Sunday papers, deriving a fair remuneration and managing to get a living. But I was at the bottom round of fortune’s ladder, and it was necessary to make an effort which would raise me above want.

I was specially stimulated to this effort by a letter which I received, about this time, from my esteemed friend, Hon. Thomas T. Whittlesey, of Danbury. He held a mortgage of five hundred dollars on a piece of property I owned in that place, and, as he was convinced that I would never lay up anything, he wrote me that I might as well pay him then as ever. This letter made me resolve to live no longer from hand to mouth, but to concentrate my energies upon laying up something for the future.

While I was forming this practical determination I was much nearer to its realization than my most sanguine hopes could have predicted. The road to fortune was close by. Without suspecting it, I was about to enter upon an enterprise, which, while giving full scope for whatever tact, industry and pluck I might possess, was to take me from the foot of the ladder and place me many rounds above.

As outside clerk for the Bowery Amphitheater I had casually learned that the collection of curiosities comprising Scudder’s American Museum, at the corner of Broadway and Ann Street, was for sale. It belonged to the daughters of Mr. Scudder, and was conducted for their benefit by John Furzman, under the authority of Mr. John Heath, administrator. The price asked for the entire collection was fifteen thousand dollars. It had cost its founder, Mr. Scudder, probably fifty thousand dollars, and from the profits of the establishment he had been able to leave a large competency to his children. The Museum, however, had been for several years a losing concern, and the heirs were anxious to sell it. Looking at this property, I thought I saw that energy, tact and liberality, were only needed to make it a paying institution, and I determined to purchase it if possible.

“You buy the American Museum!” said a friend, who knew the state of my funds, “what do you intend buying it with?”

“Brass,” I replied, “for silver and gold have I none.”

The Museum building belonged to Mr. Francis W. Olmsted, a retired merchant, to whom I wrote stating my desire to buy the collection, and that although I had no means, if it could, be purchased upon reasonable credit, I was confident that my tact and experience, added to a determined devotion to business, would enable me to make the payments when due. I therefore asked him to purchase the collection in his own name; to give me a writing securing it to me provided I made the payments punctually, including the rent of his building; to allow me twelve dollars and a half a week on which to support my family; and if at any time I failed to meet the instalment due, I would vacate the premises and forfeit all that might have been paid to that date. “In fact, Mr. Olmsted,” I continued in my earnestness, “you may bind me in any way, and as tightly as you please⁠—only give me a chance to dig out, or scratch out, and I will do so or forfeit all the labor and trouble I may have incurred.”

In reply to this letter, which I took to his house myself, he named an hour when I could call on him, and as I was there at the exact moment, he expressed himself pleased with my punctuality. He inquired closely as to my habits and antecedents, and I frankly narrated my experiences as a caterer for the public, mentioning my amusement ventures in Vauxhall Garden, the circus, and in the exhibitions I had managed at the South and West.

“Who are your references?” he inquired.

“Any man in my line,” I replied, “from Edmund Simpson, manager of the Park Theater, or William Niblo, to Messrs. Welch, June, Titus, Turner, Angevine, or other circus or menagerie proprietors; also Moses Y. Beach, of the New York Sun.

“Can you get any of them to call on me?” he continued.

I told him that I could, and the next day my friend Niblo rode down and had an interview with Mr. Olmsted, while Mr. Beach and several other gentlemen also called, and the following morning I waited upon him for his decision.

“I don’t like your references, Mr. Barnum,” said Mr. Olmsted, abruptly, as soon as I entered the room.

I was confused, and said “I regretted to hear it.”

“They all speak too well of you,” he added, laughing; “in fact they all talk as if they were partners of yours, and intended to share the profits.”

Nothing could have pleased me better. He then asked me what security I could offer in case he concluded to make the purchase for me, and it was finally agreed that, if he should do so, he should retain the property till it was entirely paid for, and should also appoint