HW Pick: The Untold Story Of Jeremiah G. Hamilton

April 17, 2016

hamilton in usaIn the middle decades of the nineteenth century Jeremiah G. Hamilton was a well-known figure on Wall Street. Cornelius Vanderbilt, America’s first tycoon, came to respect, grudgingly, his one-time opponent. Hamilton was born either in the Caribbean Islands or Richmond, Va. in 1807, eventually establishing himself in New York City. In 1828, a 20-year-old Hamilton was tasked by powerful New York merchants to ship counterfeit Haitian currency to Port-Au-Prince and the scam was discovered. The Black elite shunned Hamilton for disgracing Haiti and for not giving up the names of those who hired him.

The day after Vanderbilt’s death on January 4, 1877, an almost full-page obituary on the front of the National Republican acknowledged that, in the context of his Wall Street share transactions,

“There was only one man who ever fought the Commodore to the end, and that was Jeremiah Hamilton.”

What Vanderbilt’s obituary failed to mention, perhaps as contemporaries already knew it well, was that Hamilton was African-American. Hamilton, although his origins were lowly, possibly slave, was reportedly the richest colored man in the United States, possessing a fortune of $2 million, or in excess of two hundred and $50 million in today’s currency.51w6CGJCW5L._SX327_BO1,204,203,200_

In Prince of Darkness, a groundbreaking and vivid account, eminent historian Shane White reveals the larger than life story of a man who defied every convention of his time. He wheeled and dealed in the white business world, he married a white woman, he bought a mansion in rural New Jersey, he owned railroad stock on trains he was not legally allowed to ride, and generally set his white contemporaries teeth on edge when he wasn’t just plain outsmarting them. An important contribution to American history, Hamilton’s life offers a way into considering, from the unusual perspective of a black man, subjects that are usually seen as being quintessentially white, totally segregated from the African-American past.

Note: Books noticed on the Harlem World Magazine blog have been provided by their publishers. Purchases made through this Amazon link help support this site.


By submitting this form, you are consenting to receive marketing emails from: Harlem World Magazine, 2521 1/2 west 42nd street, Los Angeles, CA, 90008, https://www.harlemworldmagazine.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
We're your source for local coverage, we count on your support. SPONSOR US!
Your support is crucial in maintaining a healthy democracy and quality journalism. With your contribution, we can continue to provide engaging news and free access to all.
accepted credit cards

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles