Biography of Steven V. White
Famous American Biographies





STEVEN V. WHITE, a speculator of Wall Street of national reputation, was born in Chatham county, North Carolina, August 1, 1831, and soon afterward removed to Illinois. His home was a log cabin, and until his eighteenth year he worked on the farm. Then after several years of struggle with poverty he graduated from Knox College, and went to St. Louis, where he entered a wholesale boot and shoe house as bookkeeper. He then studied law and worked as a reporter for the "Missouri Democrat." After his admission to the bar he went to New York, in 1865, and became a member of the banking house of Marvin & White. Mr. White enjoyed the reputation of having engineered the only corner in Wall Street since Commodore Vanderbilt's time. This was the famous Lackawanna deal in 1883, in which he made a profit of two million dollars. He was sometimes called "Deacon" White, and, though a member for many years of the Plymouth church, he never held that office. Mr. White was one of the most noted characters of the street, and has been called an orator, poet, philanthropist, linguist, abolitionist. astronomer, schoolmaster, plowboy, and trapper. He was a lawyer, ex congressman, expert accountant, art critic and theologian. He laid the foundation for a "Home for Colored People," in Chatham county, North Carolina, where the greater part of his father's life was spent, and in whose memory the work was undertaken.


FROM:
A Biographical Record
Of Schuyler County, New York
The S. J. Clarke Publishing Company
New York and Chicago 1903.

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