Appleton's Cyclopedia of American Biography, edited by James
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ARNOLD, Aaron, merchant, born in the Isle of Wight in 1794; died in New York City, 18 March 1876. He was the son of a farmer, but early showed a fondness for mercantile pursuits, and in 1823 immigrated to Philadelphia, where he lived for three years, studying carefully the comparative business advantages of the different cities of the country. He finally selected New York as the most desirable place, and with his nephew, George A. Hearn, established there, in 1827, a wholesale and retail dry-goods store, under the firm name of Arnold & Hearn. In 1842 Mr. Hearn was succeeded by Mr. Arnold's son-in-law, James M. Constable, and the name of the firm was changed to Aaron Arnold & county In 1853 Mr. Arnold's son Richard and J. P. Baker were admitted to the firm, which then became known by its present title, Arnold, Constable & county In 1869 Mr. Arnold left the active management of the business, and for some time before his death was confined to his house. His success is ascribed, by those who knew him well, to his sterling honesty, his sagacity, and his steadfast adherence to his friends.
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