CHAPTER XIV
The Crest of Murray Hill
Stretches of the Avenue—The Crest of Murray Hill—The House of "Sarsaparilla" Townsend—A.T. Stewart's Italian Palace—The Knickerbocker Trust Company—The Coventry Waddell Mansion—A House at Thirty-ninth Street—The Present Union League—A Tavern of the Fifties—The "House of Mansions"—The Old Reservoir, and Egyptian Temple—The Crystal Palace—The Latting Tower—"Quality Hill."
Although the name it now bears and has borne for four or five years is the Columbia Trust Company, the building at the northwest corner of Fifth Avenue and Thirty-fourth Street is likely to be known and referred to as the Knickerbocker Trust for a long time to come. As such it was the storm centre of the great panic which shook the country in 1907, ruining many, shaking some of America's supposedly most solid fortunes, and involving a dramatic suicide. The story of the site goes back almost three-quarters of a century. There, at the beginning of the Civil War, was the residence of "Dr." Samuel P. Townsend. Originally a contractor, he had "discovered" a sarsaparilla, advertised it on an extensive scale, acquired a fortune and the nickname of "Sarsaparilla" Townsend. His house, a four-story brown-stone, was one of the wonders of the town. For some reason he did not live in it long, selling it in 1862 to Dr. Gorham D. Abbott, an uncle of Dr. Lyman Abbott of the "Outlook." For a number of years Dr. Abbott, who had been the principal of the Spingler Institute on Union Square, conducted a school there. Then A. T. Stewart, the famous merchant, bought the site. He found brown-stone and left marble. "Sarsaparilla" Townsend's pride and folly was tumbled to the ground, carted away, and in its place there went up the Italian palace that is still a familiar memory to most New Yorkers. It cost two million dollars. Stewart did not live long to enjoy it. But after his death in 1876, his widow occupied the palace until her death in 1886, when the property was leased to the Manhattan Club. There was a story to the effect that during the club's occupancy it was found necessary to make certain interior alterations. One of the committee in charge was an Irishman. He complained that the work was unduly expensive for the reason that "the woodwork was all marble."
But before Stewart demolished and built, and before "Sarsaparilla" Townsend built what Stewart later demolished, there had been a famous mansion in this neighbourhood. Thackeray, in one of his letters to the Baxter family, alluded to the long journey he was about to undertake in order to travel from his hotel to a certain famous house up in the country at Fifth Avenue and Thirty-seventh Street. That was the Coventry Waddell house, on land where the Brick Presbyterian Church now stands. Waddell was a close friend of President Jackson, and his fortune sprang from the services he rendered as financial representative of the "Old Hickory" Administration. In 1845, when he went "into the wilderness" to build, the Avenue, beyond Madison Square, was nothing but a country road lined with farms. It is told that when he was bargaining for the land, his wife sat under an apple-tree in a neighbouring orchard. Nine thousand one hundred and fifty dollars he paid for the tract, which ten years later brought eighty thousand dollars, and for part of which the Brick Church paid fifty-eight thousand dollars in 1856. The Fifth Avenue Bank monograph contains a print of the villa, as it was called, reproduced from "Putnam's Magazine." What the print apparently shows is the Thirty-seventh Street stretch, with the wicket fence near the corner, and the low brick wall extending westward beyond. The villa was of yellowish grey stucco with brown-stone trim, Gothic in style, and had so many towers, oriels, and gables, that when Waddell's brother saw it and was asked what he would call it, replied, "Waddell's Caster; here is a mustard pot, there is a pepper bottle, and there is a vinegar cruet." There were a conservatory and a picture-gallery, and the house stood considerably above the Avenue level upon grounds that descended to the street by sloping grass banks. A winding staircase led from the broad marble hall to a tower from which there was a fine view of the rolling country, the rivers to the east and west, and the growing city far to the south. There were celebrities other than the author of "Vanity Fair" who sampled the quality of the Waddell hospitality. For ten years the Waddells lived there, entertaining magnificently. Then came the financial crash of 1857, Mr. Waddell was one of those whose fortunes tumbled with the market, and he was obliged to sacrifice his estate. The villa was torn down, and the grounds levelled. "I remember," "Fifth Avenue" quotes Mr. John D. Crimmins as saying, "very vividly the old Waddell mansion. I was taken into it by my father the day they began to dismantle it, and remember very distinctly the courteous manner in which we were received by Mrs. Waddell, and how she regretted the destruction of her home. At that time the Reservoir was an attraction for the view it furnished. There were no buildings high enough to interfere, and visitors could get a bird's-eye view of the entire city and the Palisades. The neighbourhood at that time is well illustrated in the old New York print showing the Reservoir and the Crystal Palace, 1855. There were no pretentious houses north of Forty-second Street. It was interesting to see the drovers—tall men, with staffs in their hands, herding eight, ten, or twenty cattle—driving the cattle to market, generally on Sunday, as Monday was market day."
THE TERRACE OF THE PUBLIC LIBRARY. TO-DAY THE SPOT IS THE SCENE OF THE ACTIVITIES OF THOSE ENGAGED IN THE WORK OF SPEEDING AMERICA'S ANSWER. ONCE IT WAS FAR UPTOWN, AND ON THE EASTERN SIDE OF THE AVENUE WERE THE RESIDENCES KNOWN AS "SPANISH ROW," OR "THE HOUSE OF MANSIONS"
About the time that the Waddell villa was being pulled down there was going up, two blocks to the north, a New York residence that has endured to the present day. The original Wendell and the original Astor were partners in the fur trade, and at the time of the death of the late John Gottlieb Wendell his holdings in Manhattan real estate were second only to those of the Astors. There was a General David Wendell, known as "Fighting Dave," who fought in the War of the Revolution. The first Wendell and the first Astor, his partner, married sisters, and they bequeathed to their descendants the sound principle of buying land and buying beyond. The John Gottlieb Wendell of recent memory, a great-great-grandson of the founder of the family fortune, was distinguished for his eccentricities. Although he collected his own rents, would never give more than three-year leases, and could not be persuaded to part with a foot of his land holdings, he was characterized as "one of the squarest landlords in the city." In the old-fashioned brick and brown-stone house he lived in extreme simplicity. From the top of a passing bus may be seen the garden beyond the high board fence. Many covetous eyes of commerce have regarded it; many tempting offers have been made. But according to popular tradition Mr. Wendell clung to the garden because his sisters desired it as a place in which to exercise their dogs. Now, after the death of John Gottlieb, the three elderly sisters still live in the house, in a state of the same old-time plainness. They, with a married sister, are the sole heirs of the eighty million dollars in New York real estate left by their brother. The house, a few years ago, was assessed at five thousand dollars, the site is valued at two million.
Directly across the Avenue from the Wendell house is the Union League Club, on land that formerly was occupied by Dickel's Riding Academy, fifty years ago the fashionable equestrian school of New York. The early story of the organization will be found in another chapter. The present home at the northeast corner of Thirty-ninth Street was built in 1879-1880 at a cost of four hundred thousand dollars. The building is in Queen Anne style, of Baltimore pressed brick, with brown-stone trimmings, the interior decorations are the work of John La Farge, Louis Tiffany, and Franklin Smith, and the club's art collection includes Carpenter's Inauguration of Lincoln. The long room on the first floor facing Fifth Avenue, from the windows of which at any hour of the day may be seen comfortable-looking gentlemen blandly surveying the passing procession, is the Reading Room, decorated in Pompeian style.