Archibald Gracie (merchant)
Encyclopedia
Archibald Gracie was a Scottish-born
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...

 shipping magnate and early American businessman and merchant in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 and Virginia
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...

 whose spacious home, Gracie Mansion
Gracie Mansion
thumb|250px|Western sideGracie Mansion is the official residence of the mayor of the City of New York. Built in 1799, it is located in Carl Schurz Park, at East End Avenue and Eighty-eighth Street in Manhattan...

, now serves as the residency of the Mayor of New York City
Mayor of New York City
The Mayor of the City of New York is head of the executive branch of New York City's government. The mayor's office administers all city services, public property, police and fire protection, most public agencies, and enforces all city and state laws within New York City.The budget overseen by the...

.

Early years

Gracie was the son of a weaver named William Gracie, of Dumfries
Dumfries
Dumfries is a market town and former royal burgh within the Dumfries and Galloway council area of Scotland. It is near the mouth of the River Nith into the Solway Firth. Dumfries was the county town of the former county of Dumfriesshire. Dumfries is nicknamed Queen of the South...

, Scotland. In 1776, he moved to Liverpool
Liverpool
Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880...

 and clerked for a London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 shipping firm. He used his earnings to purchase a part interest in a mechant ship.

Life in America

In April 1784, he sailed to America with a cargo of goods that were his own profit stock. He used the proceedings to invest in a mercantile company in New York City. He later moved to Petersburg, Virginia
Petersburg, Virginia
Petersburg is an independent city in Virginia, United States located on the Appomattox River and south of the state capital city of Richmond. The city's population was 32,420 as of 2010, predominantly of African-American ethnicity...

, and engaged in the export of tobacco
Tobacco
Tobacco is an agricultural product processed from the leaves of plants in the genus Nicotiana. It can be consumed, used as a pesticide and, in the form of nicotine tartrate, used in some medicines...

 to Great Britain
Great Britain
Great Britain or Britain is an island situated to the northwest of Continental Europe. It is the ninth largest island in the world, and the largest European island, as well as the largest of the British Isles...

. In 1793, he moved back to New York and became a commissary merchant and shipowner (Archibald Gracie and Sons, East India Merchants). Gracie was a business partner of Alexander Hamilton
Alexander Hamilton
Alexander Hamilton was a Founding Father, soldier, economist, political philosopher, one of America's first constitutional lawyers and the first United States Secretary of the Treasury...

 and a friend of John Jay
John Jay
John Jay was an American politician, statesman, revolutionary, diplomat, a Founding Father of the United States, and the first Chief Justice of the United States ....

. In 1784, he married Esther Rogers, a daughter of Samuel Rogers of Norwalk, Connecticut
Norwalk, Connecticut
Norwalk is a city in Fairfield County, Connecticut, United States. According to the 2010 U.S. Census, the population of the city is 85,603, making Norwalk sixth in population in Connecticut, and third in Fairfield County...

, and granddaughter of the former governor of the Connecticut Colony
Connecticut Colony
The Connecticut Colony or Colony of Connecticut was an English colony located in British America that became the U.S. state of Connecticut. Originally known as the River Colony, it was organized on March 3, 1636 as a haven for Puritan noblemen. After early struggles with the Dutch, the English...

, Thomas Fitch.

Gracie was a member of the Tontine Association, which supervised the trading of stocks. Gracie expanded his interests and became active in the banking and insurance industries. He was an incorporator of the Eagle Fire Insurance Company and vice president of the New York Insurance Company, a director of the United States Bank and of the Bank of America, and Vice-President of the New York Chamber of Commerce from 1800 to 1825. After the death of his wife, Gracie married Elizabeth Fitch. His two marriages yielded ten children. Gracie was the 18th president of the St. Andrews' Society of New York, serving from 1818-23.

In 1798, Gracie purchased a large tract of land on Horn's Hook near the East River
East River
The East River is a tidal strait in New York City. It connects Upper New York Bay on its south end to Long Island Sound on its north end. It separates Long Island from the island of Manhattan and the Bronx on the North American mainland...

, where the following year he constructed a large two-story wooden mansion
Mansion
A mansion is a very large dwelling house. U.S. real estate brokers define a mansion as a dwelling of over . A traditional European mansion was defined as a house which contained a ballroom and tens of bedrooms...

 on the crest of a hill. Used primarily as his country home, the mansion quickly became a hub of the New York city social scene. Gracie's distinguished guests included future United States president John Quincy Adams
John Quincy Adams
John Quincy Adams was the sixth President of the United States . He served as an American diplomat, Senator, and Congressional representative. He was a member of the Federalist, Democratic-Republican, National Republican, and later Anti-Masonic and Whig parties. Adams was the son of former...

 and future French king Louis Phillippe. Gracie sold the estate in 1823 to pay off debts. It was acquired by New York City in 1891 and serves as the residency of the Mayor of New York City.

Descendants

His daughter Eliza married Charles King
Charles King (academic)
Charles King was an American academic, politician and newspaper editor. He succeeded Nathaniel Fish Moore to become the ninth president of Columbia College , holding the role from 7 November 1849 to 1864...

, the president of Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

. Another daughter, Sarah, married U.S. congressman James Gore King. Gracie's grandson Archibald Gracie III
Archibald Gracie III
Archibald Gracie III was a career United States Army officer, businessman, and a graduate of West Point. He is well known for being a Confederate brigadier general during the American Civil War and for his death during the Siege of Petersburg.-Early life and career:Archibald was born into a...

, a general in the Confederate Army
Confederate States Army
The Confederate States Army was the army of the Confederate States of America while the Confederacy existed during the American Civil War. On February 8, 1861, delegates from the seven Deep South states which had already declared their secession from the United States of America adopted the...

, was killed at the Siege of Petersburg
Siege of Petersburg
The Richmond–Petersburg Campaign was a series of battles around Petersburg, Virginia, fought from June 9, 1864, to March 25, 1865, during the American Civil War...

 during the American Civil War
American Civil War
The American Civil War was a civil war fought in the United States of America. In response to the election of Abraham Lincoln as President of the United States, 11 southern slave states declared their secession from the United States and formed the Confederate States of America ; the other 25...

. Great-grandson Archibald Gracie IV was a military officer and writer who survived the sinking of the RMS Titanic in 1912. Coincidentally, one of Gracie IV's fellow travellers on the Titanic was John Jacob Astor IV
John Jacob Astor IV
John Jacob Astor IV was an American businessman, real estate builder, investor, inventor, writer, lieutenant colonel in the Spanish-American War and a member of the prominent Astor family...

, great-grandson of frequent Gracie Mansion visitor (and personal friend of Gracie I) John Jacob Astor
John Jacob Astor
John Jacob Astor , born Johann Jakob Astor, was a German-American business magnate and investor who was the first prominent member of the Astor family and the first multi-millionaire in the United States...

.
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