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The Role of the Merchant on the Oregon Frontier: The Early Business Career of Henry W. Corbett, 1851–1869

Published online by Cambridge University Press:  03 February 2011

Arthur L. Throckmorton
Affiliation:
Lewis and Clar College

Extract

A Figure common to all frontiers was the businessman who made the transition from pioneer merchant to financier. This paper is an examination of the early career of one such merchant on the remote underdeveloped Oregon frontier during the 1850's and 1860's.

Type
Articles
Copyright
Copyright © The Economic History Association 1956

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References

1 Gilbert, James H., Trade and Currency in Early Oregon (New York: Columbia University Press, 1907), pp. 7880.Google Scholar

2 For examples see the motivation of Ladd, W. S., Portland merchant and its first banker, in Bancroft, H. H., Chronicles of the Builders of the Commonwealth (San Francisco: The History Company, 1891), I, 602603.Google Scholar

3 H. W. Corbett, Invoices; Williams, Bradford and Company to H. W. Corbett, January 7, 1852 and February 3, 1852. Corbett and Failing business records, Special Collections Library, University of Oregon. Corbett and Failing business records are also found in the library of the Oregon Historical Society and in the Grace D. and R. R. Stuart Collection of Western Americana, College of the Pacific. (Hereafter these records are distinguished as follows: CFUO, for those at the University of Oregon; CFOHS, for those at the Oregon Historical Society; and CFCOP, for those at the College of the Pacific.)

4 Corbett, Day Book. CFCOP. For New York costs see Juergens, C. H., “Movement of Wholesales Prices in New York City, 1825–1863,” American Statistics Association Publications, XII (19101911), 544Google Scholar, and Wholesale Prices, Wages, and Transportation, Senate Report No. 1394, Part 2, 52d Cong., 2d Sess.

5 Rydell, Raymond A., Cape Horn to the Pacific: The Rise and Decline of an Ocean Highway (Berkeley: University of California Press, 1952), pp. 134136.Google Scholar

6 Williams, Bradford and Co. to H. W. Corbett, January 7, 24, February 7, 1852. CFUO.

7 Bancroft, Chronicles, II, 575–576; Oregon Statesman (Salem, Ore.), April 2, 1853, adv.; R. N. and F. McLaren to H. W. Corbett, June 14, 1853. CFUO.

8 Carey, C. H., History of Oregon (Chicago-Portland, The Pioneer Historical Publishing Co., 1922), 1, 509Google Scholar; The Oregonan (Portland), October 29, 1853.

9 Tanner, Elaine, “A Study of the Underlying Causes of the Depression of 1854,” Reed College Bulletin, XXV (1947), 48Google Scholaret passim; Gilbert, Trade and Currency, pp. 93–94.

10 Soulé, Frank, Gihon, John H., and Nisbet, James, The Annals of San Francisco (1854), pp. 497Google Scholaret passim; Riesenberg, Felix Jr, Golden Gate: The Story of San Francisco Harbor (New York: Alfred A. Knopf, 1940), pp. 144146.Google Scholar

11 The economic effects of these wars are treated by Young, F. G., “Financial History of Oregon,”. Quarterly of the Oregon Historical Society, VIII (1907), 129200Google Scholar; and Spaid, Stanley S., “Joel Palmer and Indian Affairs in Oregon” (Ph.D. Thesis, University of Oregon, 1950).Google Scholar

12 The eighth Census, 1860: Manufactures, pp. 489–492, 673; Pratt, L. E., “The Origin and History of the Willamette Woolen Factory,” The Quarterly of the Oregon Historical Society, III (1902), 248259Google Scholar; Lomax, Alfred L., Pioneer Woolen Mills in Oregon (Portland, Oregon: Binfords and Mort, 1941), pp. 118126Google Scholar; Bancroft, H. H., History of Oregon (San Francisco: The History Company, 1888), II, 331334, 727–728, 743Google Scholar; Bancroft, H. H., History of Washington, Idaho and Montana (San Francisco: The History Company, 1890), p. 340.Google Scholar

13 These statements are based upon a mass of Corbett correspondence with Hilliard, Hayes, Hopkins and Company, its successor Hopkins, Hayes, Palmer and Company, Samuel Roosevelt and Company, and other New York firms concerning remittances, notes, interest, etc., 1855–1859, CFCOP and CFUO.

14 H. W. Corbett to Samuel Roosevelt and Co., January 3, 1859. CFCOP, and numerous letters to Abernethy, Clark and Company, 1856–1858, and to William Alvord and Company, 1858–1859. CFCOP and CFUO.

15 Rydell, Cape Horn, pp. 139–140.

16 Corbett letters to several San Francisco houses, 1857–1858, CFCOP.

17 H. W. Corbett to William W. Wright and Company, March 31, 1857, CFCOP.

18 H. W. Corbett to Hopkins, Hayes, Palmer and Company, November 11, 1857, CFUO.

19 H. W. Corbett to Abernethy, Clark and Company, November 10, 1857, CFCOP, and to Abernethy, Clark and Company, November 24, 1857, CFUO. Abernethy, Clark and Company had disregarded Corbett's instructions and instead of sending this draft on Wells, Fargo and Company had sent it on a firm in which Corbett had no confidence.

20 H. W. Corbett to Ira Jagger, November 27, 1857, CFUO.

21 H. W. Corbett to Samuel Roosevelt and Company, January 20, 1858, CFUO.

22 H. W. Corbett to Hoyt, Tillinghast and Company, August 26, 1858. CFUO.

23 H. W. Corbett to Nourse Mason and Company, December 11, 1857, CFUO; H. W. Corbett to Croton Manufacturing Co., February 8, 1858, CFCOP.

24 H. W. Corbett to Lord, Warren, Evans and Company, November 28, 1857, CFUO, to Mason and Lawrence, April 19, 1858, and to E. P. Clark and Company, October 25, 1858, CFCOP.

25 Numerous produce accounts and letters to merchants in the Willamette Valley, 1855–1859. CFUO, CFCOP, CFOHS.

26 H. W. Corbett, Day Book, CFCOP.

27 Gilbert, James H., “The Development of Banking in Oregon,” University of Oregon Bulletin, New Series, IX (1911), 9.Google Scholar

28 H. W. Corbett to Friend Bradford, July 26, 1858, and to Hoyt, Tillinghast and Company, August 26, 1858, CFUO.

29 These statements are derived from a study of the files of The Oregonian, 1859–1861, and the correspondence of Failings and Hatt to John A. Hatt, 1859–1862, CFOHS. For contemporary analyses of the problem, see Governor John Whiteacre's message to the legislature, May 10, 1859, in The Oregonian, May 21, 1859, for Tne Oregonian, Nov. 5, 1859.

30 Gilbert, Trade and Currency, pp. 98–122.

31 Failings and Hatt to John A. Hatt, June I, 1863. CFOHS.

32 Letters of H. W. Corbett to Charles Pope and C. Holman, June 9, 1862; Letters of Failings and Hatt to John A. Hatt, February 25, April 1, June I, 12, 1863, CFOHS.

33 Johansen, Dorothy O., “Capitalism on the Far Western Frontier: The Oregon Steam Navigation Company” (unpublished Ph.D. thesis, University of Washington, 1941), pp. 117120Google Scholar; 173–181.

34 Scott, H. W., History of the Oregon Country (Cambridge: The Riverside Press, 1924), III, pp. 187188.Google Scholar

35 The Oregonian, February 3, July 20, 1866; Bancroft, Chronicles, II, pp. 576–577, 592; Winther, Oscar Osburn, The Old Oregon Country (Stanford, Calif.: Stanford University Press, 1950), p. 256.Google Scholar

36 Gilbert, , “Development of Banking,” University of Oregon Bulletin, New Series, IX (1911), 7.Google Scholar

37 H. W. Corbett and Co. to E. I. Du Pont de Nemours & Co. January 27, 1871, CFUO.

38 Simeon G. Reed to J. W..Ladd and D. F. Bradford, October 14, 1865, Dorothy O. Johansen and Frank B. Gill (eds.), “A Chapter in the History of the Oregon Steam Navigation Company,” Oregon Historical Quarterly, XXXVIII (1937), 36.Google Scholar