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a caterer for the public; mentioning his amusement ventures in Vauxhall Garden; the circus; and in the exhibitions he had managed at the South and West。
〃Who are your references?〃 Olmsted inquired。
〃Any man in my line;〃 Barnum replied; 〃from Edmund Simpson; manager of the Park Theatre; or William Niblo; to Messrs。 Welch; June; Titus; Turner; Angevine; or other circus or menagerie proprietors; also Moses Y。 Beach; of the New York Sun。〃
〃Can you get any of them to call on me?〃
Barnum told him that he could; and the next day Mr。 Niblo rode down and had an interview with Mr。 Olmsted; while Mr。 Beach and several other gentlemen also called。 The following morning Barnum waited upon him for his decision。
〃I don't like your references; Mr。 Barnum;〃 said Mr。 Olmsted; abruptly; as soon as he entered the room。
Barnum was confused; and said; 〃he regretted to hear it。〃
〃They all speak too well of you;〃 Olmsted added; laughing; 〃in fact; they all talk as if they were partners of yours; and intended to share the profits。〃
〃Nothing could have pleased me better;〃 says Barnum。 〃He then asked me what security I could offer in case he concluded to make the purchase for me; and it was finally agreed that; if he should do so; he should retain the property till it was entirely paid for; and should also appoint a ticket…taker and accountant (at my expense); who should render him a weekly statement。 I was further to take an apartment hitherto used as a billiard…room in his adjoining building; allowing therefor 500 a year; making a total rental of 3;000 per annum; on a lease of ten years。 He then told me to see the administrator and heirs of the estate; to get their best terms; and to meet him on his return to town a week from that time。
〃I at once saw Mr。 John Heath; the administrator; and his price was 15;000。 I offered 10;000; payable in seven annual installments; with good security。 After several interviews; it was finally agreed that I should have it for 12;000; payable as above possession to be given on the 15th of November。 Mr。 Olmsted assented to this; and a morning was appointed to draw and sign the writings。 Mr。 Heath appeared; but said he must decline proceeding any further in my case; as he had sold the collection to the directors of Peale's Museum (an incorporated institution) for 15;000; and had received 1;000 in advance。
〃I was shocked; and appealed to Mr。 Heath's honor。 He said that he had signed no writing with me; was in no way legally bound; and that it was his duty to do the best he could for the heirs。 Mr。 Olmsted was sorry but could not help me; the new tenants would not require him to incur any risk; and my matter was at an end。
〃Of course I immediately informed myself as to the character of Peale's Museum Company。 It proved to be a band of speculators who had bought Peale's collection for a few thousand dollars; expecting to unite the American Museum with it; issue and sell stock to the amount of 50;000; pocket 30;000 profits; and permit the stockholders to look out for themselves。
〃I went immediately to several of the editors; including Major M。 M。 Noah; M。 Y。 Beach; my good friends West; Herrick; and Ropes; of the Atlas; and others; and stated my grievances。 'Now;' said I; 'if you will grant me the use of your columns; I'll blow that speculation sky…high。' They all consented; and I wrote a large number of squibs; cautioning the public against buying the Museum stock; ridiculing the idea of a board of broken…down bank directors engaging in the exhibition of stuffed monkeys and gander…skins; appealing to the case of the Zoological Institute; which had failed by adopting such a plan as the one now proposed; and finally; I told the public that such a speculation would be infinitely more ridiculous than Dickens's 'Grand United Metropolitan Hot Muffin and Crumpit…baking and Punctual Delivery Company。'
〃The stock was 'as dead as a herring!' I then went to Mr。 Heath and asked him when the directors were to pay the other 14;000。' On the 26th day of December; or forfeit the 1;000 already paid;' was the reply。 I assured him that they would never pay it; that they could not raise it; and that he would ultimately find himself with the Museum collection on his hands; and if once I started off with an exhibition for the South; I could not touch the Museum at ANY price。 'Now;' said I; 'if you will agree with me confidentially; that in case these gentlemen do not pay you on the 26th of December I may have it on the 27th for 12;000; I will run the risk; and wait in this city until that date。' He readily agreed to the proposition; but said he was sure they would not forfeit their 1;000。
〃 'Very well;' said I; 'all I ask of you is; that this arrangement shall not be mentioned。' He assented。 'On the 27th day of December; at ten o'clock A。 M。; I wish you to meet me in Mr。 Olmsted's apartments; prepared to sign the writings; provided this incorporated company do not pay you 14;000 on the 26th。 He agreed to this; and by my request put it in writing。
〃From that moment I felt that the Museum was mine。 I saw Mr。 Olmsted; and told him so。 He promised secrecy; and agreed to sign the document if the other parties did not meet their engagement。 This was about November 15th; and I continued my shower of newspaper squibs at the new company; which could not sell a dollar's worth of its stock。 Meanwhile; if any one spoke to me about the Museum; I simply replied that I had lost it。〃
This newspaper war against the Peales was kept up unceasingly until one morning in December; 〃I received a letter from the secretary of that company (now calling itself the 'New York Museum Company'); requesting me to meet the directors at the Museum on the following Monday morning。 I went; and found the directors in session。 The venerable president of the board; who was also the ex…president of a broken bank; blandly proposed to hire me to manage the united museums; and though I saw that he merely meant to buy my silence; I professed to entertain the proposition; and in reply to an inquiry as to what salary I should expect; I specified the sum of 3;000 a year。 This was at once acceded to; the salary to begin January 1st; 1842; and after complimenting me on my ability; the president remarked: 'Of course; Mr。 Barnum; we shall have no more of your squibs through the newspapers。' To which I replied that I should 'ever try to serve the interests of my employers;' and I took my leave。
〃It was as clear to me as noonday that; after buying my silence so as to appreciate their stock; these directors meant to sell out to whom they could; leaving me to look to future stockholders for my salary。 They thought; no doubt; that they had nicely entrapped me; but I knew I had caught them。
〃For; supposing me to be out of the way; and having no other rival purchaser; these directors postponed the advertisement of their stock to give people time to forget the attacks I had made on it; and they also took their own time for paying the money promised to Mr Heath; December 26thindeed; they did not even call on him at the appointed time。 But on the following morning; as agreed; I was promptly and hopefully at Mr。 Olmsted's apartments with my leg