"It is most fit that the memory of Jesse Seligman should be

celebrated here, on this very spot. I see him now, as he stood

here years ago, when the corner-stone of this magnificent building

was laid, and when, owing to his friendly invitation, I enjoyed

the privilege of taking part in the dedication ceremonies, I

see him, his face beaming with joy over the good that had been

accomplished, and with glad anticipation of the greater good still

to be done, for his whole heart was in this noble work. And here,

where his monument stands--not a mere monument of stone or brass,

but a living monument in grateful human hearts--here, where he

still lives and will not die, the lessons of his life may be most

worthily learned, not to be forgotten.

"Indeed, the legacy not only of benefactions, but of lessons which

that life has left behind it, may be, especially to the young

among us, if they understand well and treasure them up to inspire

and guide their hearts and minds, of far greater value than any

amount of his money that Jesse Seligman might have bequeathed to

them. Some of us may, perhaps, have envied him while he lived, as

an eminently successful man. But do we consider him worthy of envy

now, since he is dead? Why do we honor his memory, and wish that,

when we shall be gone, we should, in many respects, be remembered

as he is? Because he was a rich man? Certainly not; for that is

in itself nothing to be proud of. The ambition to be merely rich

is only a small and vulgar ambition. It may be gratified by the

accident of birth or of good fortune; it may be gratified by the

diligent and constant exertion of faculties, which do not by any

means belong to the higher attainment of human nature. Of those

who, in the history of mankind, left most fragrant memories behind

them, only very few were distinguished by great wealth, and the

mere possession of that wealth never constituted their title to

affection and reverence.

"Are we honoring Jesse Seligman because he was a successful,

self-made man? This is especially in our country of great

opportunities, not in itself a distinction deserving uncommon

esteem. I know, and no doubt you know, self-made men so

inordinately puffed up with their own success, so forgetful of the

merits of others in comparison with their own, so oppressive with

the ostentations and unceasing display of their riches as their

self-appreciation, that they rank among the most disagreeable

members of human society, making us wish that they had made

anything else but themselves.

"Or do we admire Jesse Seligman above others because he was a

patriotic man? No, for under ordinary circumstances it is only

a natural thing to be patriotic. Especially a citizen of this

Republic is more apt to attract attention and to be blamed when he

is not patriotic, than to be praised when he is.

"All these things, therefore, are in themselves not sufficient to

make a life valuable as a memory, and as an inspiration. Jesse

Seligman's life, as we look back upon it, is such a valuable memory

and inspiring lesson because he was above the ordinary level of the

merely rich, self-made, liberal and patriotic men.

"The ideal rich man is he, who not only has come by his wealth

honestly, but who uses his riches in such a fashion as to silence

the voice of envy, and to make those who knew him glad and grateful

that he was rich. To reach this ideal completely is given to but

few. But it may truly be said that Jesse Seligman approached it.

No doubt, he wished to be rich and worked for it. He valued the

acquisition of wealth, but he valued it most as the acquisition

of opportunities for something larger and nobler. He saw his

business success but not his higher ambition and his happiness in

his balance sheets. He felt himself greater and happier in this

orphan-home than in his bank. He made his wealth a blessing to

others; he enjoyed it the more, the greater the blessing to others

it became, and there were many who wished him to be much richer,

knowing that his greater wealth would only have become to many

others greater relief and comfort. He was such a self-made man as

it is a joy to meet. In a high degree he had the self-made man's

virtues and was remarkably free from his faults. He never forgot

his lowly beginnings, but never boasted of them, to contrast his

success with other people's failures. His recollections only

stimulated his sympathy with those less fortunate than himself.

He did not in his affluence affect the rough simplicity and

contempt of refinement in which upstarts sometimes demonstratively

please themselves and which is only a coarse form of vanity; and

still less was he an ostentatious swaggerer bent upon letting

the world perceive that he possessed his millions. He lived with

his family in a style becoming his means, but with the modesty

becoming a gentleman. There was no gaudy display of riches, no

obtrusive flashing of diamonds on hotel piazzas, and no flaring

exhibition in opera boxes. But there was nothing mean about him or

his. The hospitality of his house was hearty and most generous,

but it abstained from anything that might have made one of his

guests feel poor or small. Nor was there anything in him of that

superciliousness not unfrequently met with in rich men which claims

for them much wisdom, because they have much money.

"In all my experience I have never met a rich man, more modest,

more generous more tolerant of adverse opinion, or a self-made man

less overbearing, less vain-glorious, and less conceited, more

sympathetic and more helpful. As a matter of fact, he was thought

much richer than he really was--richer not because of his display,

but because of his benefactions. To judge from the good he did,

his wealth should have been much greater. He was a liberal giver,

but he gave much more than money. That rich man only manifests

the true spirit of benevolence who not only gives to the needy,

but who also thinks for them and works for them. It was by this

that Jesse Seligman proved the genuine gold of his humanity, and

nowhere did this gold shine more brightly than on this very spot.

There was indeed no charitable enterprise within his reach that did

not feel the generosity of his open hand, and, when needed, the

kindly thoughtfulness of his counsel, from the hospital and the

home for the aged up to that remarkable triumph of wisely directed

energy, the Hebrew Technical Institute, which not only successfully

demonstrates that the Jew, when well guided, will take to skilled

handicraft with enthusiasm and with the whole force and ingenuity

of his nature, but which also in its plan, organization and conduct

may serve as a noble model of its kind to the educators of any

country and of any creed.

"All such endeavors could count upon Jesse Seligman's bountiful

aid; and when his last will was opened and the community saw

the list of the benevolent institutions to which he had left

bequests, without regard to religion or nationality, with

unsurpassed catholicity of spirit, people asked with wonder, not

what opportunities for doing good he had thought of, but whether

there was any he had failed to remember. It was, however, here

in the Orphans' Home that his heart found its favorite field for

beneficent work. Here he lived on the best of his nature. It was

truly touching to see this man, loaded down with the enormous

responsibilities and cares of a vast financial business, at least

once a week, every Sunday morning, wend his way to this house,

forget all about bonds and stocks and syndicates and chances of

gain and financial crises in which fortunes might be lost, and to

give all his thoughts to the little ones who are cast upon the

mercy of the world, and study and scheme and work--as indeed he

did often also when he was not here to turn sunshine upon their

bereaved existence--to arm them for the struggles of life, and to

enable them to become useful, self-reliant, self-respecting and

happy citizens of a free country. This was the work he loved most,

which satisfied his fondest ambition and in which he found the most

genuine happiness. In the best sense of the word he was the father

of the fatherless and it was his active, untiring and unceasing

care for the welfare of these children, more than any other of his

benefactions, that stamped him as a truly benevolent man, a genuine

friend of humanity and therefore this is the noblest and most

enduring of his monuments.

"He was a patriotic man--not in the sense merely that he cheerfully

performed all his duties as a citizen, or that he gave the

government valuable advice and aid as a financier whenever called

upon--but that he ardently loved his adopted country, was proud of

it and was not only willing but eager to serve it. Some gentlemen

of high standing among us here have in their published tributes to

Jesse Seligman's memory, regretfully mentioned the fact that he

and his son, too, have been struck at by anti-Semitic hostility,

by that narrow-minded, contemptible spirit which revived the

prejudices of dark ages and which seeks in barbarous persecution

the remedy for evils, for which popular ignorance, sloth and

improvidence are in the largest manner responsible; a spirit so

utterly abhorrent to justice and enlightened reason, that it is

difficult to understand how a person of self-respect can share it

or behold it in others without shame and indignation.

"I have heard it said that a Jew cannot be a patriot because he

has no fatherland. Those who say so do not want the Jew to have a

fatherland and would, if they had their way, make it impossible

for him to be a patriot. A country can hardly expect those of its

inhabitants to be ardent patriots whom it treats as aliens or

outcasts. In the same measure as an anti-Semitic spirit prevails,

a Jew is a patriot under difficulties. If he is a patriot under

anti-Semitic persecution, that patriotism is in him a virtue of

especial merit. And this virtue Jesse Seligman possessed in the

highest degree. I saw him and spoke with him when the smart he had

suffered was fresh. I know how keenly he felt it, but I know also

that had at that moment the country, or what he understood to be

the public interest, demanded of him any service or any sacrifice

he would have offered it with the same enthusiastic devotion that

ever had animated him. He would have remained a patriot in spite

of any difficulty--a shining example for his own race to follow,

putting to shame its revilers; indeed, an example to every citizen

of whatever creed or origin.

"And now he lies in an honored grave, and by it stand with sadness,

but also with pride, his dear ones whom he loved so much, and who

so warmly returned his love. And you all have come, rich and poor,

native and foreign born, Christian and Jew and Gentile, with hearts

full of respect and affection for the man who understood the great

truth, and whose life has taught the greatest lesson, that our

truest and most enduring happiness springs from the contributions

we make to the happiness of others--a lesson that every one may

follow according to his means and opportunities, each in his sphere

and in his way, to win the same happiness and to deserve the same

honor. It may well be said that he had not lived in vain whose life

has left its mark in the advanced well being of his kind; and there

are multitudes of human beings whose tears he has dried, whose

distress he has relieved, whom he has helped to make strong for

the struggle of life who now and ever will gratefully affirm and

proclaim that Jesse Seligman has surely not lived in vain, and who

will never cease to bless his memory."

* * * * *

Ex-Postmaster General Thomas E. James, President of the Lincoln

National Bank of New York City, wrote the following graphic and

affecting tribute:--

"I have received the news of the death of Jesse Seligman with the

shock which comes only with the announcement of the sudden loss

of an old and valued friend. My acquaintance with him commenced

away back in the sixties; and I dearly learned to value his

sturdy honesty, his integrity, untiring industry, and his genial,

warm-hearted friendship. Moreover, I was impressed, in those dark

days when I first knew him, with his sterling patriotism, he being

one of those men of foreign birth who seemed to go beyond those of

us of native birth, in the all-consuming zeal and devotion for our

common flag. I think that is what particularly attracted me towards

Mr. Seligman; and I soon found that he really did understand more

fully and completely, perhaps, than many of us did, what the war

meant and what the result would be. He was one of those men, too,

who, when some were anxious, speaking hesitatingly about the

outcome, gave by his courageous faith and heroic example, a grand

impulse of which we afterwards saw the results in that impressive

tender by the financiers of New York of their credit and their gold

to the government in its extremity.

"He had undying faith in General Grant, too, in those dark hours.

He was one of the few men in New York who knew him personally,

and he never wavered in his confidence in the great commander's

ability to carry the war through to a successful issue. Later on we

learned the grounds of his faith; for he was probably the oldest

acquaintance of General Grant in New York, having become acquainted

with him in Watertown, N. Y., where Grant was then stationed as a

Second Lieutenant; and he had afterwards renewed the friendship,

when General Grant was sent as First Lieutenant to the Pacific

Coast, where he found his old friend Seligman one of the argonauts

of California.

"It was given to me, in an especially affecting and touching

manner, to see some of those traits in Mr. Seligman's inner life

and his family surroundings, which made his home one of the most

delightful in New York, and gave to him unusual charms in social

and friendly intercourse. I saw those qualities displayed in that

sad, sad summer of 1881, when General Garfield, stricken with an

assassin's bullet, lay on his deathbed, in a cottage at Elberon.

Mr. Seligman's summer home was at Long Branch; and, with that

thoughtful consideration and tenderness which distinguished the man

he showed the official family of the dying President courtesies

and kindnesses that were very grateful and which can never be

forgotten. A more pleasant family circle than Mr. Seligman's I

never met; and I will never cease to remember the charm of that

fireside. There, perhaps, Mr. Seligman was seen in the highest

display of the beautiful qualities of head and heart that made him

not only foremost as a great financier, but as a faithful friend....

... "Of course, I do not need to speak of his genius as a

financier. His name and fame in that particular are secure; and

his achievements will become traditions in the history of those

influences which have made this country the great financial power

among the nations of the earth."

* * * * *

Ex-Judge Noah Davis wrote as follows:

"By the death of Jesse Seligman our country loses a loving and

faithful citizen and friend. He loved America, though not his

native land, with all the ardor of a native, enhanced by a keen and

tender sense of gratitude for what it had done for his race and for

him and his brothers ever since they became its adopted sons.

"I have never met any foreign-born American citizen more prompt to

express warmly and gratefully this sentiment; and yet it will be

rare to find one who has so amply and generously repaid it. His

gratitude was not confined to words. His deeds preceded his words;

and if it had ever been necessary, he would have staked his whole

fortune and his life as well, for our country and its institutions.

"I recall an occasion, when he and I left the Union League Club

together, at a late hour one evening, and walked arm in arm up

the avenue to our homes. I listened as he gave me some happy

reminiscences of his busy life. When we reached the street, I

stopped to part with him. "No," said he, "I will walk further with

you," and he kept on till he reached my home on 50th street. "Now,"

I said, "it is my turn to walk with you, sir," and we walked slowly

back to his own street, where we compromised by his walking half

way back with me. In that delightful walk he developed to me his

loving nature toward our country, its government and its people. I

was chiefly a listener, but a deeply interested and pleased one,

for I could see and feel that a pure-hearted and patriotic man was

talking from the inmost bosom of a noble and tender nature.

"A few days before General Grant sailed on his tour around the

world, the brothers Seligman gave him a farewell dinner at

Delmonico's. There were forty or fifty people present. General

Grant was then fully relieved from all public cares, and felt that

the honors shown him on that occasion were the tribute of pure and

disinterested esteem and affection. He talked with me as I sat

near him of the services his hosts had rendered the government

during the war and to himself during his administration, with a

warm sense of what was due to their genuine patriotism. It happened

afterwards, and after his return from his Eastern tour, that I met

with General Grant in Paris. He spoke on that occasion of that

dinner and his great enjoyment of the evening, and gave a warm

expression of his esteem for the Seligmans and for their services

to the country and himself.

"It was a merited tribute of a noble man to worthy citizens and

friends, and I am glad to lay it now where General Grant would have

placed it--on the bier of Jesse Seligman, his devoted friend....

... "With all his skill, ability and success in business, with

all his love for his country, his devotion to order and good

government, his deep and tender attachment to his family and

friends, I think his chief virtue was 'Charity,' and that most

comprehensive and beautiful word should be inscribed on his tomb."

* * * * *

From General Horace Porter:

"The news of the death of Jesse Seligman has fallen upon many of

the most prominent business men in New York with something akin

to the quiet of a personal bereavement. Few of our citizens have

been more generally known or more highly esteemed. His sudden

removal from the company of his friends and from the active walks

of business life brings a deep regret to many hearts and recalls

the admirable traits which adorned his character. My personal

acquaintance with him began a few years after the war. I had before

that time heard officers of the army and others speak in admiring

terms of him during his sojourn on the Pacific Coast, where he had

displayed so much public spirit and such indomitable courage at the

time the law-abiding citizens were trying to redeem that community

from the domination of the criminal class. I found him displaying

the same qualities in the metropolis which had commended him to his

fellow-citizens in the West. He had been loyally devoted to the

cause of the Union in the great struggle for the preservation of

its integrity, and was always an ardent laborer in all great works.

He was never known to be anything but fearless in the advocacy of

the principles he believed to be right, and always manifested his

faith by his works.

"His death removes a foremost figure in our national and business

life; and we shall long look for one to take the place of this

man, Who by his genius as a financier, his broad liberal charity,

and his loving kindness towards suffering humanity, will long be

remembered; for Mr. Seligman's life and work have made him one of

the benefactors of mankind."

* * * * *

From F. B. Harper, President Mutual Reserve Fund Life Association:

"Few names in the financial and business world of New York are

better known than that of Jesse Seligman, financier, banker,

philanthropist, and citizen. It may truly be said of Mr. Seligman

that he attained one of the highest positions of good citizenship

in the metropolis of the nation. While, strictly speaking, a

financier, he was ever ready to bring capital, business experience

and financial ability into the broader industrial enterprises of

the nation which, in their building up, employ labor, pay out vast

sums in wages, add comfort to the masses, and bring prosperity

to the country. He was not a mere banker, but closely identified

with sound enterprises, which have built up the Empire State

and developed the resources of the republic. He was a man to be

respected, to be looked up to, and his career, as it seems to

me, is one that may well be studied to advantage by the youth of

his race and his country. The Hebrew race has undoubtedly given

to the world more of the most extraordinary instances of great

wealth, but at the same time it has produced many of the greatest

philanthropists the world has ever known.

"It is difficult to sum up in a few words such men as Mr. Seligman.

He was a man who, by his example, as well as his action benefitted

the community of which he was an honored member, and his death will

be greatly regretted, not only by those who knew him intimately,

but the whole community, because his demise will be a real loss to

them. Our wealth of humanity is not so great, even in this great

city, that we can afford to lose many such citizens."

* * * * *

From Henry G. Marquand, Esq., President, Metropolitan Museum of Art:

"I was not brought in contact with the late Jesse Seligman as often

as some others, but during twenty years or more I saw enough of

him to form a very high opinion of his work as a citizen of this

republic. His views were always of the broad and generous stamp.

They were not confined to the various schemes of philanthropy, but

extended to the enterprises relating to high culture at home and

abroad, and by contact with him it was easy to see how quickly his

sympathies were aroused in favor of everything good...."

* * * * *

Ex-Mayor Abram S. Hewitt, expresses himself as follows:

"The story of Jesse Seligman's life should be produced as the best

commentary on his career, and as an encouragement to all young men

who are starting out on the journey of life. * * * Perhaps the most

admirable point of his character was his catholic charity for the

opinion of others and his willingness to co-operate in every great

movement without regard to creed or race."

* * * * *

From Cornelius N. Bliss:

... "No truer friend, once in Jesse Seligman's confidence did

man ever have. With his partners, his brothers, he has been of

inestimable service to the United States Government from the time

of the Civil War.

"A believer in Republican principles, he was a quiet but

all-important influence in the councils of his party. Sagacious

in counsel, always for peace and unity, liberal in view,

rendering to all their just dues, he will be sorely missed in all

circles--social, charitable, business and political."

* * * * *

The foregoing may be fitly supplemented by the following extract from

a sermon delivered by the late Henry Ward Beecher, June 14, 1877.

Mr. Beecher's pointed references to the absurd prejudices which so

frequently manifest themselves at summer resorts have not yet lost

their force or application:

"I have the pleasure of the acquaintance of the gentleman whose

name has been the occasion of so much excitement--Mr. Seligman. I

have summered with his family for several years. I am acquainted

with him, with his honored wife, and with his sons and daughters;

and I have learned to respect and love them. During weeks and

months I was with them at the Twin Mountain House; and not only did

they behave in a manner becoming Christian ladies and gentlemen,

but they behaved in a manner that ought to put to shame many

Christian ladies and gentlemen. They were my helpers and they were

not only present at the Sunday services at the Twin Mountain House,

but they were present at the daily prayer meetings on week days,

volunteering services of kindness. I learned to feel that they were

my deacons and that in the ministration of Christian service they

were beyond the power of prejudice and did not confine themselves

to the limitations which might be prescribed by their race."

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