William Henry Aspinwall
William Henry Aspinwall | |
---|---|
Born | |
Died | January 18, 1875 Manhattan, New York, U.S. | (aged 67)
Resting place | Green-Wood Cemetery |
Occupation | Shipping magnate |
Organization(s) | Howland & Aspinwall Pacific Mail Steamship Company Panama Canal Railway |
Spouse |
Anna Lloyd Breck
(m. 1830) |
Children | Lloyd Aspinwall |
Parent(s) | John Aspinwall Susan Howland |
William Henry Aspinwall (December 16, 1807 – January 18, 1875)[1] was a prominent American businessman who was a partner in the merchant firm of Howland & Aspinwall and was a co-founder of both the Pacific Mail Steamship Company and Panama Canal Railway companies which revolutionized the migration of goods and people to the Western coast of the United States.[2]
Aspinwall was descended from, and related to, many prominent American families including the Roosevelts, Howlands, and Aspinwalls, that were heavily involved in the merchant trade business and politics, wielding vast power and ensuring wealth for generations.[3]
Early life
William Henry Aspinwall was born on December 16, 1807, in Manhattan, New York. He was the third of seven children born to John Aspinwall (1774–1847) and Susan Howland (1779–1852).
His maternal grandparents were Joseph and Lydia Howland.[6] The Howland family was descended from John Howland, a signer of the Mayflower Compact.[7] His cousin, Emily Aspinwall Howland, daughter of Samuel Shaw Howland, was married to Henry Chauncey, the son of Henry Chauncey, Esq., of Alsop & Chauncey in Valparaíso, and Lucy Wetmore Alsop,[8] the grandniece of Continental Congressman John Alsop.[9]: 13
His paternal grandfather, Captain John Aspinwall, was one of the most prominent shipmasters of the New York merchant marine before the American Revolutionary War.[10] He was a member of the Aspinwall family who were well known in New York society and were descended from William Aspinwall, who was among the first settlers of New England.[1][11] Another relation, Sir Algernon Aspinall, served as vice president and secretary of the West India Committee for forty years.[6][12]
Career
After obtaining a "substantial education" at local private schools,
Howland & Aspinwall
In 1832, he became a partner in
Clipper ships sacrificed cargo capacity for speed, but in some markets, the fast service allowed their owners to charge premium rates (Tea from China tasted better if it was fresh, so the cargo on the first ship of the season to arrive in New York was worth more). Also faster speed meant that the vessel could complete more voyages in a given time period, which also helped make up for the diminished cargo capacity. The firm and its profits made Aspinwall very wealthy,[16] reportedly one of the richest men on the East Coast in the nineteenth century.[17]
Pacific Mail Steamship Company
In 1840s, William's younger brother John Lloyd Aspinwall succeeded him as president of Howland & Aspinwall so he could devote his time to transportation around the
Panama Canal Railway
Following the Steamship Company, Aspinwall then promoted a railway in Panama. The project, which began in May 1850 and was later known as the
Later life and Civil War involvement
Aspinwall retired in 1856, but remained active as a philanthropist and spent considerable time improving his country estate near
Although he never held office, Aspinwall, an admirer of
In 1866, he was a founder of the
Personal life
In 1830, Aspinwall was married to Anna Lloyd Breck (1812–1885).
- Anna Lloyd Aspinwall (1831–1880), who in 1850 married architect James Renwick Jr. (1818–1895),[31] the son of Margaret Brevoort and James Renwick, an engineer, architect, and professor at Columbia College.[25]
- Lloyd Aspinwall (1834–1886), who married Harriette Prescott D'Wolf (d. 1888), granddaughter of James DeWolf.[25]
- Rev. John Abel Aspinwall (1840–1913), who married Julia Titus (1841–1876). After her death, he married Bessie Mary Reed (1843–1915)
- Louisa Aspinwall (1843–1913), who married John Wendell Minturn (1839–1881), the son of merchant Robert Bowne Minturn
- Katharine Aspinwall (1847–1924), who married Ambrose Cornelius Kingsland (1835–1890), the son of New York Mayor Ambrose Kingsland.
William Henry Aspinwall died of a myocardial infarction on January 18, 1875, in Manhattan.[1] He was buried at Green-Wood Cemetery in Brooklyn, New York.[32]
Legacy
The town of
See also
References
- ^ a b c d e f "Obituary: William H. Aspinwall" (PDF). New York Times. January 19, 1875. Retrieved December 16, 2008.
- ^ Levy, D.A. (February 14, 2004). "William Henry Aspinwall". The Maritime Heritage Project. Retrieved December 16, 2008.
- ^ a b Whittelsey, Charles Barney (1902). The Roosevelt Genealogy, 1649-1902. Hartford, Connecticut: Press of J.B. Burr & Company. Retrieved 18 October 2016.
- ^ ISBN 9780963848765. Retrieved 31 January 2018.
- ^ Barrett, Walter (1864). The Old Merchants of New York City, Second Series. New York: Carleton, Publisher. p. 337. Retrieved 31 January 2018.
- ^ ISBN 9780595910786. Retrieved 31 January 2018.
- ^ "Roosevelt Genealogy". fdrlibrary.marist.edu. Franklin D. Roosevelt Presidential Library and Museum. Retrieved 18 October 2016.
- ISBN 9781556135828. Retrieved 31 January 2018.
- ^ Scott, Erving M. and Others, Evolution of Shipping and Ship-Building in California, Part I, Overland Monthly and Out West Magazine, Volume 25, January 1895, pp.5-16; from quod.lib.umich.edu accessed March 10, 2015
- ^ a b c d American Society of Civil Engineers (1897). Transactions of the American Society of Civil Engineers. American Society of Civil Engineers. p. 598. Retrieved 31 January 2018.
- ^ Aspinwall, Algernon Aikin (1901). The Aspinwall Genealogy. Rutland, VT: The Tuttle Co., Printers. Retrieved 31 January 2018.
- ^ The Louisiana Planter and Sugar Manufacturer. Louisiana Planter and Sugar Manufacturer Company. 1922. p. 49. Retrieved 31 January 2018.
- ^ a b c Grady, John (July 26, 2013). "Forbes and Aspinwall Go to War". The New York Times. Retrieved 8 April 2021.
- ISBN 9780810856349. Retrieved 31 January 2018.
- ^ Somerville, Col. Duncan S., The Aspinwall Empire, p. 22, Mystic Seaport Museum, Inc., Mystic, CT, 1983.
- ^ ISBN 9781594778674. Retrieved 31 January 2018.
- ISBN 9781851096206. Retrieved 31 January 2018.
- ^ "Testimonial to the Late William H. Aspinwall". The New York Times. January 21, 1875. Retrieved 31 January 2018.
- ISBN 978-0-375-41542-5.
- ^ Niven, John, The American President Lines and its Forebears 1948-1984, p. 15, University of Delaware Press, Newark, NJ, 1987.
- ^ Elias, Rahita, Beyond Boundaries: The First 35 Years of the NOL Story, p. 8, Neptune Orient Lines Ltd., 2004.
- ^ "William Henry Aspinwall". www.panamarailroad.org. The Panama Railroad. Retrieved 31 January 2018.
- ^ "A Great Enterprise" The Portland (Maine) Transcript [Newspaper], February 17, 1855.
- ^ Otis, F.N.,"Illustrated History of the Panama Railroad" (Harper & Bros., New York, 1861), p. 12, 35
- ^ ISBN 9780977091225. Retrieved 31 January 2018.
- ^ "William Henry Aspinwall (1807-1875)". Trainweb. Retrieved December 16, 2008.
- Frick Art & Historical Center. Retrieved 31 January 2018.
- ISBN 9780195127805. Retrieved 31 January 2018.
- ISBN 0801437474. Retrieved 31 January 2018.
- ^ ISBN 9780819228772. Retrieved 31 January 2018.
- ^ Johnson, Rossiter; Brown, John Howard (1904). The Twentieth Century Biographical Dictionary of Notable Americans ... Biographical Society. p. 78. Retrieved 31 January 2018.
- ^ "THE FUNERAL OF WILLIAM H. ASPINWALL; THE CHURCH OF THE ASCENSION CROWDED A HANDSOME TRIBUTE TO A NOBLE LIFE". The New York Times. January 22, 1875. Retrieved 31 January 2018.
- ^ "Aspinwall, Panama, Central America Seaport History during the 1800s". www.maritimeheritage.org. The Maritime Heritage Project. Sea Captains, Ships, Merchants, Merchandise, Immigration and Passengers. Retrieved 31 January 2018.
External links
- Media related to William Henry Aspinwall at Wikimedia Commons
- Panama Railroad