Page:A tribute to W. W. Corcoran, of Washington City (IA tributetowwcorco00boul).pdf/14

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A TRIBUTE TO

resign for the good of my fellow creatures," he has but walked out of the broad beaten path of avarice and penuriousness, to seek the narrow way that leadeth to righteousness; and such a man, whilst sadly contemplating the weeds and wretched tares that perplex his neighbor, can yet gladly feel that instead of thorns and thistles there have sprung up for himself, violets of love and gratitude.

The subject of our sketch, William Wilson Corcoran, was born on the 27th of December, 1798, in Georgetown, D.C. His father, Thomas Corcoran, a native of Ireland, moving to this country in early youth, first resided in Baltimore, and afterwards settled in Georgetown. By his worthiness and integrity he won the respect and admiration of the community, and held important offices of trust up to the time of his death. For thirty-nine years Wm. Wilson Corcoran continued to reside in his native town, giving his attention, the larger portion of that time, to mercantile affairs. From 1828 to 1836 he had the management of the real estate of the Bank of the United States, in Washington City, and the Bank of Columbia, in Georgetown, and afterwards was engaged in the Exchange business in Penn avenue, up to 1839, when he removed to the building of the old Bank of the Metropolis, F street. Mr. George W. Riggs having become his partner, they purchased, in 1844, the old Bank of the United States, and on the 4th of July of that year (propitious day for a bright destiny), they established themselves, soon making it a bulwark of strength and goodly reputation, and crowning their names with emolument and honor.

In the midst of the grave and momentous trials brought about by the Mexican war, this firm took up the heavy loans made by the government, and with