LXVI.- PETER COOPER.

Previous

Peter Cooper was born in New York, on the 12th of February, 1791. His maternal grandfather, John Campbell, was Mayor of New York and Deputy Quartermaster General during the Revolution, and his father was a lieutenant in the Continental army. After the return of peace, Lieutenant Cooper resumed his avocation as a hatter, in which he continued until his death. It required close attention to business and hard work to make a living in those days, and as soon as young Peter was old enough to pick the fur from the rabbit skins which were used in making hats, he was set to work. He had no opportunity to go to school. “I have never had any time to get an education,” he once said, “and all that I know I have had to pick up as I went along.” He continued in the hat trade until he had thoroughly mastered it, and afterwards became a brewer, pursuing this trade for two years, at the end of which time he apprenticed himself to a coachmaker. Upon completing his term at this trade, he engaged with his brother in the cloth-shearing business, and continued in it until the general introduction of foreign cloths, after the War of 1812, made it unprofitable. He then became a cabinet maker, but soon after opened a small grocery store on the present site of the Cooper Institute.

With his savings he purchased a woollen factory, which he conducted successfully, and some time after this, enlarged his operations by manufacturing glue. In 1830 he erected large iron works at Canton, one of the suburbs of Baltimore, and he subsequently carried on extensive iron and wire works at Trenton, New Jersey. The greater part of his fortune has been gained by the manufacture of iron and glue. He was the first person to roll wrought iron beams for fire-proof buildings, and soon after opening his Baltimore works, he manufactured there, from his own designs, the first locomotive ever made in America. He has been interested in various enterprises, the majority of which have proved successful, and has shown a remarkable capacity for conducting a number of entirely different undertakings at the same time. He is now very wealthy, and has made every dollar of his fortune by his own unaided exertions. He resides in a handsome mansion in Grammercy Park, but lives simply and without ostentation.

He does not enjoy the marked respect and popularity of which he never fails to receive hearty evidences when he appears in public, because of his success alone. He is one of the principal benefactors of the city, and has placed the whole community under heavy obligations to him by his noble gift to the public of the Cooper Institute, which institution has been described in another chapter.

He conceived the idea of this institution more than forty years ago, and long before he was able to carry it out. Having been much impressed with a description of the Écoles d’Industrie of Paris, he was resolved that his native city should have at least one similar institution. As soon as he felt able to do so, he began the erection of the Cooper Institute. The entire cost was borne by him, and the actual outlay exceeded the estimate upon which he had begun the work by nearly thirty thousand dollars. He had many obstacles, mechanical, as well as pecuniary, to overcome, and when the building was completed and paid for, he found himself comparatively a poor man. Almost every dollar of his fortune had been expended upon his great gift to the working men and women of New York. He persevered, however, and his Institute began the career of usefulness which it has since pursued.

Since then he has prospered to a greater extent than ever, and has acquired a large fortune. He has taken an active part in the extension of the telegraph interests of the country, and is now a stockholder and an officer in the Atlantic Cable Companies. He is very popular among all classes of citizens, and his appearance at public meetings is always greeted with applause.

PETER COOPER.

Mr. Cooper is of medium height, and is rather thin in person. He has a profusion of silvery white hair, and wears his beard under his chin, with the lip and chin clean shaven. His large gold spectacles give a peculiar expression to his eyes, which are small and gray. His face is sharp and thin, and very intelligent, and one of the most thoroughly amiable and benevolent countenances to be met with in New York. It is emphatically the face of a good man.

                                                                                                                                                                                                                                                                                                           

Clyx.com


Top of Page
Top of Page