The Old Merchants of New York City 2

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His age Avas twenty-five.
His mother was the celebrated authoress, Emma C. Em- bury, the most popular poetess and magazine writer of the day, from 1840 to 1850. She is dead.
THE OLD MERCHAJ\rTS CHAPTER XVI.
I have frequently alluded to hereditary commercial houses. These are much more common in Europe than here. There a firm continues from the founder down two hundred and more years. The same name and style being retained through this long period, and long after any one beai'ing the name of the
... fountler is con- nected with it, and none of the old name in it. This, however, cannot occur here. A law passed by the IState Legislature, in 1833, prevents it. Now, to con- tinue the style of a house, parties of that name must be coiuiected with it. This makes not only a hereditary commercial firm in name, but in fact. It is more difli- cult now to keep even the same firm and same name any number of years, but yet there arc many firms that do it. None, however, are more remarkable, than the fiiin of N.

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