![]() By 1860, when the dry goods wholesalers had emerged as the wealthiest merchants in the city, McMaster’s company was considered by R. G. Early in his career he had been described by Dun’s agent as “probably the safest man in business in Toronto” and later reports repeated that his judgement could be relied upon for any credit he requested. McMaster resisted the temptation to expand beyond his financial resources and his caution enabled him to emerge from the recession of 1857 with his business intact. In 1850 the business cleared $10,000, but apparently did not as yet rank among the largest general wholesalers in Toronto. ![]() An enterprise such as McMaster’s fulfilled the requirements of a population clamouring for imported goods. The dry goods trade, located at the southern end of Yonge Street, would prove to be one of Toronto’s most profitable lines. Decisions he made in 1844, to concentrate on wholesale dry goods and to move his company to Yonge Street, were shrewd ones. McMaster’s further success owed much to his skill in recognizing opportunities and to his ability to move in time with important commercial trends. In July 1844, when Cathcart retired, he took over the business. Within a year or two of his arrival he was a partner in the firm. Both versions agree that McMaster rapidly became an asset to his employer. Another account states that Cathcart, who had established his business in 1828 or 1829, later brought out his nephews from Ireland, one of whom was William McMaster. The popular version of McMaster’s immigration holds that he arrived in York without friends or money, found employment as a clerk in Robert Cathcart’s wholesale and retail dry goods firm, and owed his success to merit alone. After he had gained some experience as a clerk in an Irish mercantile house, he came to North America and, following a brief stay in New York City, moved to York (Toronto), Upper Canada, in August 1833. William McMaster was educated privately by a well-regarded local teacher, and when about ten he was converted and apparently joined the Baptist church in Omagh. 1811 in County Tyrone (Northern Ireland), son of William McMaster, a linen-draper d. 22 Sept. McMASTER, WILLIAM, businessman, politician, banker, and philanthropist b. Onward shipping from that point will be your responsibility and at your own risk.Source: Library and Archives Canada/MIKAN 3418752 Please note for delivery to offshore UK, we will deliver to a nominated mainland GB address. ![]() Our system will not add this charge and payment will be requested after order placement but will not be debited without your authority. ![]() ![]() Please note that a surcharge of £25.00 will apply to the following postcodes where 1 item of Baumhaus furniture is purchased: SA, LL, LD, SY. Should your postcode attract a delivery charge and the amount is shown in the box above, our system will add this charge at checkout. All orders benefit from Free UK Delivery, other than the excepted postcodes below:ĮH, DD, DG (see also below), FK (see also below), G (see also below), ML, TD, KAĪB1 - AB30, DG5 - DG9, DG13 - DG14, FK17 - FK19, G81 - G84, IV1 - IV5, KY, PA1 - PA19, PH1 - PH14.ĪB30 -AB99, IV6 - IV99, KW, PA20 - PA80, PH15 - PH50, PO30-PO41 ![]()
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