Career
After the war, he worked as an agent for the Buckeye Oil Company in Ohio from January to July 1865, purchasing equipment and contracting laborers to work in the oil fields. In October 1865, he and friends paid $30,000 for five thousand acres (20 km²) of cotton-farming land in Georgia. This failed philanthropic adventure left him more than $10,000 in debt. Reluctantly at first, out of desperation, he started on January 1, 1868, as a clerk and later became a junior partner in his father’s business, Lee, Higginson & Co., which at the time was a modest brokerage. His father had been a junior partner until 1858 and worked until his death in 1889 at age 85. This brokerage and banking company eventually became very profitable. Henry Lee Higginson was eventually a senior partner.
In 1913, he offered this assessment of changes in business over the course of his career: "There has been a steady improvement in the management of the Stock Exchange since I came down to the financial district. The methods in use to-day are very much better than they were many years ago. Men dealing with the Exchange are better protected." He allowed that there were still "rascals" and "a good many men who still need watching," but "not so many as there have been in years past."
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Famous quotes containing the word career:
“What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.”
—Arlie Hochschild (20th century)
“He was at a starting point which makes many a man’s career a fine subject for betting, if there were any gentlemen given to that amusement who could appreciate the complicated probabilities of an arduous purpose, with all the possible thwartings and furtherings of circumstance, all the niceties of inward balance, by which a man swings and makes his point or else is carried headlong.”
—George Eliot [Mary Ann (or Marian)
“John Brown’s career for the last six weeks of his life was meteor-like, flashing through the darkness in which we live. I know of nothing so miraculous in our history.”
—Henry David Thoreau (1817–1862)