Daniel Denny, 1793-1872
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No. 5131 Daniel Denny from photograph of Trustees of the Dorchester Savings Bank
Daniel Denny was president of the Hamilton National Bank. In his obituary in the Boston Evening Transcript, May 15, 1872, his Dorchester house was called his summer home. it was described as on the water side of Savin Hill Avenue, house with twenty rooms, stable for nine horses and twenty carriages, greenhouse, gardener’s house …
The following is from the Dorchester section of
The Rich Men of Massachusetts: Containing a Statement of the Reputed Wealth of about Fifteen Hundred Persons, with Brief Sketches of More than One Thousand Characters. By A. Forbes and J.W. Greene. (Boston: Published by W.V. Spencer, 1851)
Daniel Denny
Worth: $200,000
Came from Leicester to Boston, where he was engaged in the domestic dry-goods business for many years. He is a fine specimen of that old-fashioned honesty so rarely to be found now-a-days. He has retired to enjoy the fruits of his former labors, and to be a useful and benevolent member of society in a quiet way.
This book purports to include the names of men who were “very wealthy,” defined as a reputed net worth of at least $50,000.
The wealth of the 45 men listed for Dorchester ranges from $50,000 to $500,000 and is distributed as follows:
$50,000 15
$75,000 6
$100,000 14
$150,000 2
$200,000 6
$400,000 1
$500,000 1
The combined worth of all 45 totals $5,000,000
To get a sense of the meaning of this level of wealth, one could look at the life of Marshall P. Wilder on this website. His reputed worth as reported in this book was $100,000.
It is interesting that Dover, a town now considered wealthy, boasted not one entry in 1851, while Medway had one entry and Medfield two entries. Milton, a town next to Dorchester, had 10 men with a total net worth of $1,600,000. Cambridge had 37 men with a total worth of $5,200,000.
From the Introduction: Upon the announcement than an individual is in possession of a large fortune, we naturally inquire, “How did he come by it? Was it by inheritance, or marriage, or both? Or, was the present man of wealth once obliged to toil for his daily bread like the thousands who now marvel at his possessions? If his property came by his own exertions, what is the man? What are his strong traits of character? How did he manage? Did any one great circumstance, aside from his natural abilities, favor him? In what business did he grow rich? Has he done, or is he likely to do, much good in the world in consequence of his riches? These are the questions which naturally suggest themselves to us in reference to the wealthy of any place, and these are questions which we have attempted to answer in reference to a very large number of wealthy men in Massachusetts. Our leading object has been to furnish encouragement to the young, from the contemplation of success resulting from a s suitable combination of those sterling qualities, Perseverance, Energy, Carefulness, Economy, Integrity, Honesty. Another very prominent object with us has been, to excite in the minds of the wealthy, and of all who shall become such, greater attention to the importance of an enlarged system of Benevolence. …