{"id":1636,"date":"2024-02-13T20:15:20","date_gmt":"2024-02-14T01:15:20","guid":{"rendered":"https:\/\/jerrykuntz.org\/harryhill\/?p=1636"},"modified":"2024-02-13T20:35:01","modified_gmt":"2024-02-14T01:35:01","slug":"claflins-fire-sale-without-the-fire-published-dec-27-1885","status":"publish","type":"post","link":"https:\/\/jerrykuntz.org\/harryhill\/claflins-fire-sale-without-the-fire-published-dec-27-1885\/","title":{"rendered":"Claflin&#8217;s Fire Sale (Without the Fire) [published Dec. 27, 1885]"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"370\" height=\"92\" src=\"https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/drygoods-1.png?resize=370%2C92&#038;ssl=1\" alt=\"\" class=\"wp-image-1645\" style=\"width:88px;height:auto\" srcset=\"https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/drygoods-1.png?w=370&amp;ssl=1 370w, https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/drygoods-1.png?resize=300%2C75&amp;ssl=1 300w\" sizes=\"auto, (max-width: 370px) 100vw, 370px\" \/><figcaption class=\"wp-element-caption\">Dry Goods<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u201cThe unexpected always happens,\u201d and, on the same general principle, what is always expected to happen seldom occurs. I was thinkin\u2019 the other day how strikin\u2019ly these two points have been Illustrated in the record of the dry-goods trade in this city. For forty years and more \u201cthe terrific\u201d fire that was always goin\u2019 to break out in \u201cthe dry-goods district\u201d and devour everythin\u2019 and everybody around, has been yearly prophesized, but has never transpired. The \u201cdry-goods district\u201d has in this time changed its location, worked, like everythin\u2019 else, \u201cits way up-town,\u201d but the fire that is to destroy it has always been, luckily, in the future tense.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In forty years there have been only two really great \u201cdry-goods fires.\u201d One broke out on a Sunday afternoon in the store of Halstead, Haines &amp; Co., on Broadway, and did quite a deal of damage, as far as that establishment was concerned, the loss bein\u2019 estimated at over $150,000. But the conflagration was not general, but local\u2013the fire did not spread.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Another notable fire in the dry-goods district was that which destroyed the establishment of Chittenden &amp; Co., then the leadin\u2019 house in the dry-goods line. The millionaire Eno was a partner of this house. The fire \u201cburnt out\u201d the firm, but it didn&#8217;t burn out \u201cthe district.\u201d But everybody said: \u201cWait, we shall see,\u201d but they didn&#8217;t see.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The dry-goods district has changed four times in the last fifty years. It used to be down Pearl street and around Hanover square in the \u201cgood old days\u201d of Arthur Tappan. Then it got to be around Broadway and Chambers street, in the days of A. T. Stewart&#8217;s downtown store. Then it centered around Canal and Mercer street in the times when Arnold and Constable had a store at the corner of Mercer and Canal, and gradually extended northward from that point. At present there are really two \u201cdry-goods districts,\u201d one in the business centre of the city, around Broadway, the other between Fourteenth street and the Fifth Avenue Hotel. But spite of the changes and the constant prophecies of fire, there has been no fire. There have been any amount of alarms, it is true. A friend of mine, a wholesale dry-goods clerk, has kept an account in the last fifteen years of the number of alarms of fires in dry-goods houses in New York. They mounted to thirty-two, between 1869 and 1884, but only six of these were serious. I suppose the reason of this is just because people know that the dry-goods district is peculiarly liable to fire. On that very account they take all the more careful precautions against it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Several of the fires that have taken place in the dry-goods district were the work of incendiaries. In two cases the firms in the burned buildin\u2019 were suspected of complicity with the conflagration to get the insurance on their stock. In one case, about twelve years ago, the fire was attributed to the rage of a jealous woman, the mistress of one of the leadin\u2019 Hebrew dry-goods dealers, who on learnin\u2019 of the marriage of her former \u201cfriend\u201d with a wealthy widow, paid him at his store a visit of mock congratulation, which was followed a few minutes after she left by a real conflagration. But even with all these episodes of crime and greed and human passion and extraordinary risks incident to the \u201cstuff\u201d itself, the long expected fire that is to consume the dry-goods district is still expected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On the other hand, the most unlooked for things, the most unexpected, the most undesired, in the wholesale dry-goods trade, have been auctions. It has always been taken for granted that to sell dry-goods at auction was simply to throw the goods away\u2013to indeed \u201csacrifice.\u201d So the spectacle of great houses deliberately auctionin\u2019 off their stock has ever been one for which the dry-goods district has been unprepared. Yet, at the present time, one of the oldest houses in the dry-goods line in the city is gettin\u2019 ready to get rid of its stock by a monster auction (Bates, Reed &amp; Cooley), and in this the house does but imitate an example set some fifteen years ago by Claflin himself. And this Claflin auction was thoroughly successful\u2013a stroke of genius blessed by luck\u2013although at first it was regarded with almost as much horror as if Claflin had with his own hands set fire to his own store.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"635\" src=\"https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/horace_claflin01.jpg?resize=640%2C635&#038;ssl=1\" alt=\"\" class=\"wp-image-1639\" style=\"width:434px;height:auto\" srcset=\"https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/horace_claflin01.jpg?w=642&amp;ssl=1 642w, https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/horace_claflin01.jpg?resize=300%2C298&amp;ssl=1 300w, https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/horace_claflin01.jpg?resize=150%2C150&amp;ssl=1 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The \u201ccrude\u201d story of this Claflin auction was given me the other day by an old dry-goods clerk, and is somewhat curious. Year after year genial Horace B. Claflin had got richer and richer, till he kind of lost his head and took to outside speculation. Then he \u201cbusted up\u201d and got an \u201cextension.\u201d Thus far everybody else had done the same thing as he had done. But the way he got out of his scrape and availed himself of his \u201cextension\u201d was odd and characteristic. He got up a monster auction and made a monstrous success of it. And yet this idea, which he was the first to introduce into the dry-goods trade, though original with himself, came to him by accident, and, through certain circumstances, one night.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The big-hearted and big-headed merchant was walking down Fulton street, Brooklyn, one Friday night about eight o\u2019clock, havin\u2019 been callin\u2019 on a tradin\u2019 friend of his doing business in the neighborhood, when he saw quite a crowd gathered around a shoe store near the Park Theatre. He stopped a moment and found that the shoemaker\u2019s store was bein\u2019 disposed of at auction. The man had got into difficulties. \u201cSo they are sellin\u2019 the poor fellow out,\u201d said Claflin pityin\u2019ly. \u201cHe is sellin\u2019 himself out,\u201d replied somebody standin\u2019 around, \u201cand is makin\u2019 a good thing out of it, too.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Claflin inquired into the matter and found out the particulars. The shoemaker had put cards in the paper, sent out handbills and all that sort of thing, gathered the people from far and near, and made money instead of losin\u2019 it by \u201csellin\u2019 himself out\u201d in advance instead of waitin\u2019 to be sold out later on by somebody else; gettin\u2019 cash for his stock, which he could sell right off, instead of keepin\u2019 unsold stock on hand for customers who might never come.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"452\" src=\"https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/claflinbuilding.jpeg?resize=640%2C452&#038;ssl=1\" alt=\"\" class=\"wp-image-1640\" style=\"width:474px;height:auto\" srcset=\"https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/claflinbuilding.jpeg?resize=1024%2C723&amp;ssl=1 1024w, https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/claflinbuilding.jpeg?resize=300%2C212&amp;ssl=1 300w, https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/claflinbuilding.jpeg?resize=768%2C542&amp;ssl=1 768w, https:\/\/i0.wp.com\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/claflinbuilding.jpeg?w=1088&amp;ssl=1 1088w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><figcaption class=\"wp-element-caption\">Claflin Building, Broadway<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Claflin went into the shoe store and watched the crowd awhile and the proceedin\u2019s, and when he got through he came out with the best idea in his head that the dry-goods trade had ever known. He would imitate this Brooklyn shoemaker on a scale about a thousand times bigger, and bring all the dry-goods merchants in the country together to his place in New York at once to buy his stock at cost instead of sendin\u2019 after \u2018em one by one in the course of months and years to buy his stuff bit by bit for credit. In short, he would get rid of his debts by sellin\u2019 himself out at auction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Well, the first steamboat goin\u2019 up the Hudson didn&#8217;t make a bigger row among the boatmen and sloopmen of the river; the first locomotive didn&#8217;t cause more stir among the old stage coach drivers, than did the idea of this first monster auction make among the old fogy dry-goods men. They thought that Claflin had indeed lost his head. They laughed at him. Some really thought he had gone crazy. One friend of his named Spelman, to whom Claflin had been very kind in his time of trouble, lettin\u2019 up on his big indebtedness to him, and even givin\u2019 him goods to start business on once more, took it into his head that it was his duty to use strong measures to protect his benefactor from makin\u2019 a fool of himself. So he absolutely took the time and the trouble to go to several leading doctors of New York and Brooklyn to see if he couldn&#8217;t get \u2018em, on the sly, to visit and talk to H. B&nbsp; Claflin and investigate his mental condition. Spelman felt convinced that the doctors would see that Claflin had really gone insane through the strain of his financial difficulties, and would take proper measures to restrain him and stop his proposed auction. Spelman even found two or three men who kind of agreed with him about Claflin, but he didn&#8217;t find any doctors who agreed with him, or who would undertake to pronounce the most successful dry-goods dealer of the age \u201ccrazy.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; So, spite of protest and discussion, the auction sale took place, after havin\u2019 been advertised and handbilled and placarded, all over the United States.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; And when Spelman found that instead of a dismal failure the gigantic dry goods auction was a stupendous success; when Spelman saw merchants from Maine to Texas crowdin\u2019 and fillin\u2019 up every square foot of the huge Claflin store, waitin\u2019 for the auction to begin, then Spelman coolly, with a cheek almost as colossal as the Claflin auction, went around tellin\u2019 the strangers in town who had come to attend the auction and who didn&#8217;t know the facts of the case, that he had himself originally suggested the magnificent idea of this monster auction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">[Editor&#8217;s notes: Claflin&#8217;s &#8220;monster auction&#8221; took place in November, 1873, as a result of the Wall street Panic of 1873. The action likely saved the company.]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u201cThe unexpected always happens,\u201d and, on the same general<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,43,95],"tags":[],"class_list":["post-1636","post","type-post","status-publish","format-standard","hentry","category-entrepreneurs","category-landmarks","category-philanthropists"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Claflin&#039;s Fire Sale (Without the Fire) [published Dec. 27, 1885] - Harry Hill&#039;s Gotham<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jerrykuntz.org\/harryhill\/claflins-fire-sale-without-the-fire-published-dec-27-1885\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Claflin&#039;s Fire Sale (Without the Fire) [published Dec. 27, 1885] - Harry Hill&#039;s Gotham\" \/>\n<meta property=\"og:description\" content=\"&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u201cThe unexpected always happens,\u201d and, on the same general\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jerrykuntz.org\/harryhill\/claflins-fire-sale-without-the-fire-published-dec-27-1885\/\" \/>\n<meta property=\"og:site_name\" content=\"Harry Hill&#039;s Gotham\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-14T01:15:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-14T01:35:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jerrykuntz.org\/harryhill\/wp-content\/uploads\/2024\/02\/drygoods-1.png\" \/>\n<meta name=\"author\" content=\"jpkntz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jpkntz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/\"},\"author\":{\"name\":\"jpkntz\",\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/#\\\/schema\\\/person\\\/cd2f0dde5b4b02ea6b8aee0280832f64\"},\"headline\":\"Claflin&#8217;s Fire Sale (Without the Fire) [published Dec. 27, 1885]\",\"datePublished\":\"2024-02-14T01:15:20+00:00\",\"dateModified\":\"2024-02-14T01:35:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/\"},\"wordCount\":1648,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/#\\\/schema\\\/person\\\/cd2f0dde5b4b02ea6b8aee0280832f64\"},\"image\":{\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/drygoods-1.png\",\"articleSection\":[\"Entrepreneurs\",\"Landmarks\",\"Philanthropists\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/\",\"url\":\"https:\\\/\\\/jerrykuntz.org\\\/harryhill\\\/claflins-fire-sale-without-the-fire-published-dec-27-1885\\\/\",\"name\":\"Claflin's Fire Sale (Without the Fire) [published Dec. 27, 1885] - 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