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Cabot, Samuel

 Person

Dates

  • Existence: 1784 - 1863

Biography

Samuel Cabot, Jr., born in Boston on December 21, 1784, trained for the family ancestral career of foreign commerce. At age nineteen he went to sea and settled at Isle of France to learn the East India trade. In 1806, Samuel Cabot, Jr. returned to the United States and formed a partnership with Samuel Hazard of Philadelphia. Moving to Philadelphia, Cabot and Hazard worked as wholesale commission agents. Leaving Hazard in Philadelphia, Cabot returned to Boston in 1808 and serviced the Boston market for the partnership. After his marriage in 1812, Samuel Cabot formed a partnership with his brother, Joseph, and John W. Perit of Philadelphia. Based in Philadelphia, Perit and Cabot maintained a Boston office with Samuel Cabot as their representative. In 1817, Samuel Cabot formed another partnership with his brother-in-law, Thomas H. Perkins, and the latter's cousin, James Perkins. This additional family partnership, Samuel Cabot and James & T. H. Perkins' Sons & Company, brought substantial income to all concerned through the China trade. By the mid-1820s, Samuel Cabot removed himself from Perit and Cabot. He retired from active business in 1838 and spent the rest of his life investing the abundant proceeds from his merchant days. Samuel Cabot, Jr. died in 1863.

Found in 2 Collections and/or Records:

Papers of the Cabot family, 1786-2013

Collection Identifier: A-99
Overview:

Correspondence, diaries, and travel journals, etc., of the Cabot family of Boston, Massachusetts

Samuel and Joseph Cabot ledger

Collection Identifier: Mss:766 1814-1821 C116
Scope and Contents: This collection consists of one ledger containing two hundred sixty pages of accounts from 1814 to 1824. At a later date, the first forty pages were used as a scrapbook with 1860s newspaper clippings pertaining to the Civil War pasted over the accounts. Beginning on page 41, the accounts remain as originally written and include both debits and credits. Representative names for the accounts include: Sales; Our One Quarter Sch. Happy Couple; George G. Lee; Joseph Cabot's Expense Account; Third...