Early Life
Stoddert was born in Charles County, Maryland, in 1751, the son of Captain Thomas Stoddert. He was educated at the University of Pennsylvania, and then worked as a merchant. He served as a captain in the Pennsylvania cavalry and later as secretary to the Continental Board of War during the American Revolutionary War. During the war, he was severely injured in the Battle of Brandywine and was subsequently released from active military service. In 1781, he married Rebecca Lowndes, daughter of Christopher Lowndes, a Maryland merchant, and they had eight children. They resided at the home of his father-in-law, Bostwick, located at Bladensburg, Maryland.
In 1783, Forest established a tobacco export business in Georgetown, with business partners Uriah Forrest and John Murdock.
After George Washington was elected President, he asked Stoddert to purchase key parcels of land in the area that would become the nation's capital, before the formal decision to establish the federal city on the banks of the Potomac drove up prices there. Stoddert then transferred the parcels to the government. During the 1790s, he also helped found the Bank of Columbia to handle purchases of land in the District of Columbia for the federal government.
Read more about this topic: Benjamin Stoddert
Famous quotes related to early life:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)