"Very well," was the simple answer, and, without further words, he took the notes to another bank, which promptly loaned him the money on them.
He tolerated no irregularity in his own business. He was true to the spirit as well as to the letter of a contract, and never, during the whole course of his long life, was he guilty of a transaction in which the most rigid moralist could find a taint of sharp practice. What a refutation of the theories of those who hold that cunning and trickery are unavoidable some time in the course of a long and successful mercantile career lies in the story of this man, who, beginning life penniless, filled with a burning ambition to be rich and famous, never swerved from the straight path of integrity, and by the exercise of only the highest traits of his nature more than realized his boyish dreams! Ponder it well, young man, and learn from it that honesty is indeed the best policy in any calling.
Mr. Chickering had married early in life, and now had three sons just entering upon manhood. These were carefully educated at the public schools for which Boston is so justly famed, and then put into their father's factory to learn the mechanical part of the business. It was the father's ambition to be succeeded by his sons, but he was not willing to trust the labor of his life to ignorant or incompetent hands. At the age of seventeen, Thomas Chickering, the eldest son, was taken from school, and, under his father's eye, taught every detail of the mechanical branch of the business, until he understood it as well as the senior Chickering himself. George, the second son, in due time passed through the same course of training; while Francis, the youngest, was brought up in the warehouse. The father thoroughly imbued his sons with his own system and energy, and to-day we see the result. The firm of Chickering & Sons is still the most prominent in America. Thomas is now the acting head of the house, and has led it on to continued success; Francis is the presiding genius of the mechanical department, and has made many important improvements in the field in which his father won success; and George exercises a general supervision at the immense factory in Boston. The mantle of the father has fallen upon the sons, and his labors have found their highest reward in their success.
Mr. Chickering's good fortune was not entirely uninterrupted. On the 1st of December, 1852, his factory was burned to the ground, with all its valuable patterns, stock, etc., involving a loss to him of two hundred thousand dollars. The interruption to his business was very serious, apart from the loss of his property. Expressions of sympathy poured in upon him from his friends, coupled with offers of pecuniary assistance in his efforts to reëstablish his business. His disaster seemed merely to inspire him with fresh energy, but the kindness of his friends entirely overcame him.
He wasted no time in vain regrets, but at once went to work. He was fifty-four years old, but he showed an energy and determination which more than rivaled the fire of his young manhood. The loss of his factory was not only a severe blow to him, but to the three hundred workmen who had been employed in it, and who were dependent upon their wages for their support. His first care was to assure them that they should not suffer, but that they should continue to receive their wages as regularly as though nothing had happened to interrupt their labor. He had always been kind and generous to his employés, paying liberal wages, and rewarding especial merit, but this act of kindness did more to endear him to them than any previous benefaction. Having provided for his men, he set to work to prepare temporary accommodations for his business, and then began his arrangements for the construction of a new factory. He took a great degree of interest in the plans for the new building, the architect being almost entirely guided by his suggestions, and the result of his labors is the magnificent building to which reference was made at the opening of this chapter. He did not live to see it completed, however. He died at the house of a friend from the rupture of a blood-vessel, produced, it is believed, by severe mental labor, on the 8th of December, 1853. His fortune at the time of his death was estimated at a quarter of a million of dollars. His sons assumed the charge of the business, which they still conduct.
The loss of Mr. Chickering was felt by all classes of his fellow-citizens—especially by the poor. To them he had been a kind and generous friend. Distress never appealed to him in vain, and he proved a faithful steward of the riches committed to his care. Yet he performed his charities with such a modesty and reticence that few beside the grateful recipients were aware of them. Indeed, it was his custom to enjoin secrecy upon those whom he assisted; but they would not remain quiet. His liberality is in striking contrast with the closeness of many who were worth more than twenty times his wealth, but who lacked his warm and sympathizing nature.