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Stephen Girard
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Stephen Girard died on December 26, 1831. It required 7 years for executors to settle the estate of this richest man in America, valued at $7 million, of which $5.25 million was to establish a school for poor white orphan boys. Two million dollars of that was set aside in the will for the construction of his new school. Considerable criticism was raised about the fact that the various administrators of his estate did not admit a single student for the first sixteen years, during which time extensive trustee tours of Europe were conducted to study suitable models and publish books about them. At the end of that time of preparation, the two million dollars were just about all gone.
It turns out that Girard could actually afford this luxurious approach. In 1886 the estate would rise in value to $11 million, in 1914 it was worth $30 million. In 1926 it was worth $73 million. This appreciation was in spite of educating more than 10,000 boys, and also purchasing and repaving (with Belgian blocks) both Delaware Avenue and Water Street, from Vine to South Street as a public service to which more than $2 million was devoted.
In 1935 Cheesman Herrick wrote a history of Girard College, in which is found the following, rather delicate, history of the long-term financial management by the Board:
"The Board of Directors of City Trusts is a creation of the State of Pennsylvania. At the outset in the administration of the Girard will, the city authorities looked to the state Legislature for an empowering act to proceed with the organization of Girard College. The same authority [then] set aside the control of the City councils and put the Girard Estates and Girard College under a new Board which became a part of the machinery of the city government. Probably no more successful administration of public trusts has ever been known than that by the Board of Directors of City Trusts. Time has known the wisdom of Stephen Girard in leaving the administration of his estate as he did.
"Colonel Alexander K. McClure, who knew Philadelphia well and who was relentless in his inquiry as to the discharge of trusts by public officials, paid the Board of Directors of City Trusts a deserved compliment in saying that no shadow of doubt or suspicion had ever fallen upon the doing of that body. It may be added further that probably no other government agency or private business enjoys a higher reputation for integrity and efficiency in the conduct of its affairs that does this Board. That this record is good is owing primarily to the standard set by those who have served under the Board in various business and administrative positions.
"When the record of the Board is taken into consideration, and the magnitude of the work which it has to supervise is regarded, one can readily see that service on this Board is a signal distinction. The list of the Board has been a sort of honor roll of Philadelphia's foremost citizens. That the standard in this Board has been so high and that members of the Board have served so faithfully, have been due in no small part to its members' having seen beyond the millions of Stephen Girard, and numerous other funds which they have handled, to the great good which these various trusts are accomplishing. With the interest of the beneficiaries always in mind the Board has conscientiously sought to make the Girard Estate, and the other foundations under its supervision, serve the community to the greatest possible extent. The idea of service has been the touchstone making the Board of Directors of the City of Trusts a great Board."
Starting with Nicholas Biddle, the Board of the institution was certainly composed of men who had distinguished themselves in business and finance. However, a great deal of credit must be given to Stephen Girard, himself. A year before he died, he bought roughly 18,000 acres of Schuylkill County after the discovery of coal outcroppings on the property. In subsequent years over a hundred million dollars of anthracite coal were extracted by the mining agents of the Girard Estate, based in Pottsville, PA. The clean-burning properties of this form of coal were promoted with the image of "Phoebe Snow", and were the basis for much of the industrialization of the region. Coal came down the Schuylkill River on canal barges with a terminus opposite the present boathouses, hence the Lighthouse adorning Sedgwick, the most northern boathouse. Later, it was carried on the Reading Railroad, which at one time was the largest railroad in the nation.
The Girard heirs felt this went far beyond Girard's contemplated income from the estate, and went to court to obtain for themselves what they considered a more appropriate share of it. Their argument boiled down to saying Girard College had so much money it didn't know what to do with it and was returning income to principal. It was their contention that if Girard could have predicted both the revenue and the expenses of the school, he would have left the school less money, and given more to his numerous heirs.
The managers of the estate, who felt their own acumen was largely responsible for the windfall, made a sophisticated and ultimately successful rebuttal. Instead of relying on the contrast between the incredibly good performance of the Board of City Trusts, compared with the earlier looting of the estate by City Council, their lawyer
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Horace Binney
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(Horace Binney) relied on and largely invented some important legal reasoning. Coal in the ground was a dwindling asset, and speed of its dwindling was under the control of the owners. The managers of Girard's estate had shrewdly transformed the coal into a more conventional source of income by taking proceeds at the best available price, regardless of the needs of the school. With it, they put up office buildings and department stores in the center of Philadelphia on the land around 12th and Market, first intended to be the site of the orphan school. Also, the six hundred acres of Girard's farm in South Philadelphia were converted to rental houses. In time, the income from the coal-bearing properties was transferred to center-city rentals -- all within the bounds of real estate which Girard had purchased before his death. The trustees had enhanced the value of Girard's properties by shifting assets amongst them, a result that greatly benefited the entire city and region, and rendered the entire concept of annual income -- irrelevant. The legalisms of this dispute are very clever, but in truth, the Girard's heirs probably never had a chance in court against the political and business establishment of the whole state, united in the firm belief they were doing a remarkably benevolent thing for orphans.
It is breath-taking to reflect that Girard College's anthracite did become the economic pump for the entire Philadelphia industrial region from Pottsville to Trenton, for nearly a century. And equally breathtaking to reflect that, about a century later, anthracite mining just about ceased entirely. Although there was shrewd later management of the assets, the fact is the coal was discovered, purchased and bound up in irrevocable covenants by a single man in 1829, who was therefore dead during every day of this activity, except during the first year when the plan was organized. If he wanted to do this for orphans, it is scarcely possible even to suggest a reason why he shouldn't.
REFERENCES
| Girard College It's Semi Centennial of Girard College: George P. Rupp ASIN: B000TNER1G |
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Nancy Gilboy
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The President of IVC, Nancy Gilboy, tells us it stands for International Visitors Council, now approaching its 50th anniversary. As you might suppose, it is located at 1515 Arch Street, near the old visitors center. Philadelphia has a new visitors center on 5th Street, of course, and perhaps it takes time to move or maybe moving isn't in the cards. We had another Visitors center on 3rd Street that came and went, so proximity between Center and Council perhaps isn't as important as rental costs, or leases, or other issues.
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Philadelphia Art Museum
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The Council has a modest budget, but a great idea. Anyone who has traveled much knows that you tend to follow the travel agent's set agenda for a town, you see a lot of churches and museums, but you can almost never get tickets for the local entertainment events, and you almost never meet any local people except taxi drivers and bellhops. That's even more true of young travelers, who don't have either the money or the experience to anticipate the issue, or enough local friends to guide them around the obstacles (This exhibit closed on Mondays, that event is all sold out, this event was spectacular, you should have been there yesterday, sorry we didn't know you were coming we have a wedding to go to, etc.). On guided tours, it is remarkable how few things seem to happen after 4 PM.
So, fifty years ago, some imaginative Philadelphia leaders got the idea that a lot of Philadelphia residents would enjoy taking some foreign tourists under their wing, maybe have somebody to know when they, in turn, make a reciprocal visit, maybe boast about our town a little. Furthermore, by getting involved with the US State Department, young visitors can be identified as potential future leaders in their country. If the guess is a good one, and the experience favorable, Philadelphia might prosper from the publicity and from the later return visits, now in the triumph of success. That was the founding spirit of the Philadelphia International Visitors Council.
So that's how it came about that Margaret Thatcher, <
Tony Blair, the current President of Poland, and the head of the Russian Space Program were once visitors in Philadelphia homes. People who like to do this sort of thing tend to like each other, so the monthly receptions (First Wednesday at the Warwick) are interesting Philadelphia social occasions in their own right. Success begets success, and the CCP (originally Business for Russia) has affiliated itself, along with the Philadelphia Sister Cities Program, the Consular Corps Association, The Philadelphia Trade Association, and probably others.
Look at it from the visitors' viewpoint. New York has larger colonies of foreign nationals than Philadelphia does, but New York is an expensive place to visit. Washington has dozens and dozens of embassies, but a visitor soon learns the last thing an embassy staff wants to see, is a citizen from home. So those places aren't really a typically American place to visit. Indiana is plenty American, but there isn't much to see there. So Philadelphia has many attractions, lots of history, it's as thoroughly American as a city can be, and all it needs is someone to open up and show it to you. Cleverly organized, the IVC has undoubtedly put the Philadelphia stamp on many foreign visitors, without their exactly recognizing they are being told This is America. If the State Department is shrewd in its assessment process, Philadelphia will in time be held in high esteem by the leaders of a lot of foreign nations.
In the spirit of announcing that Philadelphia is where you can find America, my own little daughter astonished me at a dinner party by telling the assembly the following story:" William Penn was nice to the Indians, so it was safe to land in Philadelphia. Pretty soon, so many people landed here they had to move West to settle down. And, folks, that's why the people to the North of us talk funny, and the people to the South of us talk funny -- but everybody else in America talks like Philadelphia!"
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Zoo Opening
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The Philadelphia Zoo claims to be the oldest zoo in America, although New York's Central Park Zoo is older. The explanation for this puzzle is that the Philadelphia Zoo was chartered by the legislature in 1859, but its opening was delayed by the Civil War until 1874. Meanwhile, the Central Park Zoo was opened in 1862. One hopes the true priorities are perfectly clear, although the Romans had zoos, and Montezuma had a spectacularly big one when Cortes arrived. Why all this wandering prologue before a discussion of a Valentine Tour? Well, since the internet is so plagued by a dispute about what is suitable for children to read, it is not clear that our Zoo's legitimate activities would escape hostile robot detection, banishment by Google, or the like if we talk about them on this website. So we will be indirect.
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Central Park NYC
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It is related that it was the women's committee of the zoo who first proposed an adult zoo camp which now goes by the name of Valentine Tours. For a modest fee of $75, it is possible to join this activity, involving discussions and demonstrations of the varieties and complexities of vertebrate reproduction. It is not only the Philadelphia public which needs education in these matters. One of the main sources of infertility among rhinos and gorillas derives from the surprising fact that they must be taught what to do. Apparently, when removed from the voyeur opportunities of their native environment, these monsters can't figure out what is expected of them.
John Bernard, a docent at the zoo for 18 years, has written a book about the varieties of romantic experiences and recently addressed the Right Angle Club on the matter. He tells of four-footers and hundred-pounders, and the like. Apparently, male elephants make their ladies wait in line for their turn, male gorillas have several girlfriends at all times, and male lions are so occupied with demands made on them that they scarcely do anything else. Bats cavort upside down, eagles lock claws and fall out of the sky, polar bears starve for months afterward. The fascination just goes on and on.
The inside details of some recent events are also revealed. Male African elephants go into a variant of heat that lasts three months and makes them dangerous to be around. That's really why the zoo recently decided to get rid of its elephant collection. Orangutans will rape a female zoo employee if given a chance. The Women's Committee of the Zoo is certainly to be thanked for alerting us. For more details, stump up the $75 and take a Valentine Tour.
The Last Will and Testament of
William Shakspere
"During the winter of 1616, Shakespeare summoned his lawyer Francis Collins, who a decade earlier had drawn up the indentures for the Stratford tithes transaction, to execute his last will and testament. Apparently, this event took place in January, for when Collins was called upon to revise the document some weeks later, he (or his clerk) inadvertently wrote January instead of March, copying the word from the earlier draft. Revisions were necessitated by the marriage of [his daughter], Judith... The lawyer came on 25 March. A new first page was required, and numerous substitutions and additions in the second and third pages, although it is impossible to say how many changes were made in March and how many currently came in January. Collins never got round to having a fair copy of the will made, probably because of haste occasioned by the seriousness of the testator's condition, though this attorney had a way of allowing much-corrected draft wills to stand" (@ Schoenbaum 242-6).
Words which were lined-out in the original but which are still legible are indicated by [brackets]. Words which were added interlinearly are indicated by italic text. The word "Item" is given in the bold text to aid reading and is not so written in the document.
From the first line of Shakspere's will
In the name of God Amen I William Shakespeare, of Stratford upon Avon in the country of Warr., gent., in perfect health and memory, God be praised, do make and ordain this my last will and testament in manner and form following, that is to say, first, I commend my soul into the hands of God my Creator, hoping and assuredly believing, through the only merits, of Jesus Christ my Saviour, to be made partaker of life everlasting, and my body to the earth whereof it is made. Item, I give and bequeath unto my [son and] daughter Judith one hundred and fifty pounds of lawful English money, to be paid unto her in the manner and form following, that is to say, one hundred pounds in discharge of her marriage portion within one year after my decease, with consideration after the rate of two shillings in the pound for so long time as the same shall be unpaid unto her after my decease, and the fifty pounds residue thereof upon her surrendering of, or giving of such sufficient security as the overseers of this my will shall like of, to surrender or grant all her estate and right that shall descend or come unto her after my decease, or that she now hath, of, in, or to, one copyhold tenement, with appurtenances, lying and being in Stratford upon Avon aforesaid in the said country of Warr., being parcel or holder of the manor of Rowington, unto my daughter Susanna Hall and her heirs forever. Item, I give and bequeath unto my saied daughter Judith one hundred and fyftie poundes more, if shee or anie issue of her bodie by lyvinge att thend of three yeares next ensueing the daie of the date of this my will, during which tyme my executours are to paie her consideracion from my deceas according to the rate aforesaied; and if she dyes within the said term without issue of her body, then my will us, and I doe give and bequeath one hundred poundes thereof to my niece Elizabeth Hall, and the fifty poundes to be set fourth by my executours during the life of my sister Johane Harte, and the use and profit thereof coming shall be paid to my said sister Jone, and after her decease the saied l.li.12 shall remain amongst the children of my said sister, equally to be divided amongst them; but if my said daughter Judith be living at the end of the said three years, or any use of her body, then my will is, and so I devise and bequeath the said hundred and fifty poundes to be set our by my executors and overseers for the best benefit of her and her issue, and the stock not to be paid unto her so long as she shall be married and covert baron [by my executours and overseers]; but my will is, that she shall have the consideracion yearly paied unto her during her life, and, after her decease the said stock and consideracion to be paid to her children, if she has any, and if not, to her executours or assignes, she living the said term after my decease. Provided that if such husband as she shall at the end of the said three years be married unto, or at any after, do sufficiently assure unto her and tissue of her body lands answerable to the portion by this my will given unto her, and to be adjudged so by my executors and overseers, then my will is, that the said cl.li.13 shall be paid to such husband as shall make such assurance, to his own use. Item, I give and bequeath unto my said sister Jone xx.li. and all my wearing apparel, to be paid and delivered within one year after my decease; and I doe will and devise unto her the house with appurtenances in Stratford, wherein she dwelleth, for her natural life, under the yearly rent of xij.d. Item, I give and bequeath
Shakspere's 1st signature
unto her three sonnes, William Harte, ---- Hart, and Michaell Harte, five pounds apiece, to be paid within one year after my decease [to be sett out for her within one year after my decease by my executors, with advice and direction of my overseers, for her best profit, until her marriage, and then the same with the increase thereof to be paid unto her]. Item, I give and bequeath unto [her] the said Elizabeth Hall, all my plate, except my broad silver and gilt bole, that I now have at the date of this my will. Item, I give and bequeath unto the poor of Stratford aforesaid ten pounds; to Mr. Thomas Combe my sword; to Thomas Russell esquire five pounds; and to Frauncis Collins, of the borough of War. in the county of Warr. gentleman, thirteen pounds, six shillings, and eight pence, to be paid within one year after my decease. Item, I give and bequeath to [Mr. Richard Tyler thelder] Hamlett Sadler xxvj.8. viij.d. to buy him a ring; to William Raynoldes gent., xxvj.8. viij.d. to buy him a ring; to my dogs on William Walker xx8. in gold; to Anthony Nashe gent. xxvj.8. viij.d. [in gold]; and to my fellows John Hemynges, Richard Burbage, and Henry Cundell, xxvj.8. viij.d. a piece to buy them rings, Item, I give, will, bequeath, and devise, unto my daughter Susanna Hall, for better enabling of her to perform this my will, and towards the performance thereof, all that capital messuage or tenement with appurtenances, in Stratford aforesaid, called the New Place, wherein I now dwell, and two messuages or tenements with appurtenances, situate, lying, and being in Henley street, within the borough of Stratford aforesaid; and all my barns, stables, orchards, gardens, lands, tenements, and hereditaments, whatsoever, situated, lying, and being, or to be had, received, perceived, or taken, within the towns, hamlets, villages, fields, and grounds, of Stratford upon Avon, Old Stratford, Bishopton, and Welcome, or in any of them in the said counties of Warr. And also all that messuage or tenemente with appurtenaunces, wherein one John Robinson dwelleth, situate, lying and being, in the Balckfriers in London, nere the Wardrobe; and all my other lands, tenementes, and hereditamentes whatsoever, To have and to hold all and singuler the said premisses, with their appurtenaunces, unto the said Susanna Hall, for and during the term of her natural life, and after her decease, to the first son of her body lawfully issueing, and to the heires males of the body of the said first son lawfully issueing; and for defalt of such issue, to the second son of her body, lawfully issueing, and to the heires males of the body of the said second son lawfully issueing; and for default of such heires, to the third son of the body of the saied Susanna lawfullie yssueing, and of the heires males of the bodie of the said third son lawfully issueing; and for defalt of such issue, the same to be and remaine to the fourth [son], ffyfth, sixte, and seaventh sonnes of her bodie lawfullie issueing, one after another, and to the heires
Shakspere's 2nd signature
males of the bodies of the said fourth, fifth, sixth, and seventh sonnes lawfully issuing, in such manner as it is before limited to be and remain to the first, second, and third sons of her body, and to their heirs males; and for default of such issue, the said premises to be and remain to my said niece Hall, and the heir males of her body lawfully issuing; and for default of such issue, to my daughter Judith, and the heirs males of her body lawfully issuing; and for default of such issue, to the right heirs of me the said William Shakespeare forever. Item, I give unto my wife my second best bed with the furniture, Item, I give and bequeath to my said daughter Judith my broad silver gilt bole. All the rest of my goods, chattels, leases, plate, jewels, and household stuff whatsoever, after my debts and legacies paid, and my funeral expenses discharged, I give, devise, and bequeath to my son in law, John Hall gent., and my daughter Susanna, his wife, whom I ordain and make executors of this my last will and testament. And I do entreat and appoint the said Thomas Russell Esquire and Frauncis Collins gent. to be overseers hereof, and do revoke all former wills, and publish this to be my last will and testament. In witness whereof I have hereunto put my [seale] hand, the date and year first above written.
Witnes to the publishing
hereof Fra: Collyns
Julius Shawe
John Robinson
Hamnet Sadler
Robert Whattcott
Shakspere's final signature, 'By me ...'

For the past ten years, the Morris Arboretum has sponsored a mini-bus tour of the sewers of Philadelphia conducted by Adam Levine. In spite of its name, it attracts a pretty high-brow audience, who have a perfectly wonderful experience. Adam has been a consultant to the Water Department for decades, and he gives a pretty polished tour, which anyone interested in the City really ought to join some year. He's planning to write a book about it, someday, and instead of giving away all the best stories, I bet it will swell attendance at the tours considerably. Some of us know that writing books can be pretty hard work, however, while giving tours seems like a lot of fun.

When William Penn picked out this area for his new city, there were herds of swans swimming in the Delaware River around the mouth of the Schuylkill, and there were wide mud flats thrown up around what we call the airport, by the slowed waters making a big turn there. Although Mr. Penn originally planned to settle at what we now call Chester, apparently he thought the protected river above the mud flats would be a safer harbor. In the area of Philadelphia County in Penn's time, there were about three hundred miles of creeks, now reduced to about one hundred by the Water Department and the Department of Streets. Dock Creek was the main seaport at first, and it eventually became Dock Street by putting the creek into a culvert. In a sense, that is what has been happening for three hundred years, all over town. At first, the creeks supplied drinking water, and then they became sewers, and then they became streets on top of sewers.

As a matter of fact, there were further steps in the process. The railroads were laid on the banks of creeks, to reduce the amount of excavation and fill-in required. And as factories were built along the creeks to take advantage of the transportation and water power, the run-off of sewage was mixed with ground-water runoff, in what is delicately spoken of as a "combined sewer". The water department spends most of its time and money nowadays, separating rainwater sewage from the real thing, and diverting the rainwater into ponds and other catchment hollows, where the relatively clean water percolates through the soil and cleans itself up. The real sewage is diverted into massive pipe systems leading to the sewage disposal plants. Where, would you believe it, it gets cleaned and chlorinated and returns as drinking water -- purer than the river water that flows past, by a good bit.
But that gets ahead of the story somewhat. As the factory areas become liveable, the sewers encased in the pipe are at the bottom, the rail lines are somewhat higher. Where there were no railways, the electrical and water pipes are high above it all and often get encased in concrete. However, we can expect combined sewers to last a long time, since it is estimated that the project of uncombining two-thirds of the sewer system will cost several billion dollars, and require twenty-five years to complete. The infrastructure money from the "Stimulus package" will be a forgotten episode of the past when this project is finished. Philadelphia likes straight streets aligned in grids, so you can almost be certain you are over a creek bed when the road gets crooked in Philadelphia.

Now, look at the grid of streets from the point of view of a Water Department engineer. Somebody gave the process the name of a waffle, and it is very apt. As the straight streets go as straight as they can, they cut through hills and fill up the gullies. The fill from the hills is used for the valleys, so the straight grid streets are generally somewhat higher than the residential areas, giving the waffle effect, but leaving half of the houses with a sharp embankment in their lawns going down to street level, and the other half of the houses with water in their basements. It's up to the house builder to fill up the depression between the streets, with the streets nevertheless somewhat higher than the depressions. Sometimes the streams cut through, and are encased in pipes as they go under the streets. Sometimes it's just too much to handle, and we get green parks scattered around the city, breaking up the monotony of row houses, for a generally pleasing effect not seen in flat areas, like New Jersey.
The city has two watersheds, one draining into the Delaware River, and the other draining into the Schuylkill. And the trail between the two watersheds, the continental divide if you please, is Germantown Avenue.