"Portrait and Biographical Record of Portland, Oregon." A "compilation" written by "a number of writers." Chicago: Chapman Pub. Co., 1903. p. 21. HON. HENRY W. CORBETT Hon. Henry W. Corbett. The First National Bank of Portland, of which Mr. Corbett officiated as president from 1898 until his death, March 31, 1903, dates its existence from about 1866 and has the distinction of being the first national bank to be organized on the coast. From an original capital stock of $100,000 it was gradually increased until now the capitalization is five times as great as at first, while there is a surplus of $700,000 and deposits aggregating about $7,000,000. Without any exception it is the largest bank of the northwest, and at the same time none has a wider reputation for solidity, strength and conservative spirit in investments. The maintenance of a general oversight of this institution by no means represented the limit of Mr. Corbett's activities. Scarcely an enterprise of importance has been inaugurated in Portland since the city's pioneer days in which he was more or less interested and to which his support was not given, when once convinced of its value to the municipality. As president of the Portland Hotel Company, he was closely associated with the building of the Portland, one of the finest hotels on the coast, and the fame of which, spreading throughout the country, has been of incalculable value in bringing the city into prominence. For years he was largely interested in the city and suburban railway system, his position as a member of the board of directors having made it possible for him to contribute to the development of a satisfactory system of transportation. connected wit the organization of the Security Savings and Trust Company of Portland, he was its president and a member of its directorate. Another enterprise which received the benefit of his co-operation and influence was the Title Guarantee and Trust Company of Portland, while he was further connected with important local business industries through his position as president of the Willamette Steel and Iron Works. Special interest centers in the life history of one who was so closely identified with the progress of Portland along every line of commercial development. The genealogy of the Corbett family is traced to Roger Corbett, a military chieftain who won distinction under William the Conqueror. The eldest son of Roger was William, owner of a country seat at Wattesborough. The second son, Sir Roger Corbett, had for his inheritance the castle and estate of Caus. The latter's son, Robert, went to the siege of Acre under Richard I, bearing for his arms in this campaign two ravens, which have since been used by the family for a crest. Early in the seventeenth century the family was established in New England, being among the first settlers of Milford, Mass. Elijah, son of Elijah Corbett, Sr., was born in Massachusetts and became a manufacturer of edged tools, first in the Bay state, and later at White Creek, Washington county, N.Y., where he died. His wife was Melinda Forbush, a native of Massachusetts and descended from a pioneer family of that state, whose history is traced back to England. Her death occurred in New York. Born of her marriage were eight children, of whom three sons and two daughters attained maturity. One of the sons, Elijah, came to Portland in 1864 and remained here until his death. Another son, Hamilton, died in New York during early manhood. The daughters were Mrs. Thomas Robertson, who came to Portland in 1856, and Mrs. Henry Failing, who settled in this city in 1858; both are now deceased. The youngest member of the family circle, as well as its last representative, was Henry W. Corbett, who was born in Westboro, Mass., February 18, 1827. When four years of age he was taken by his parents to White Creek, N.Y., and later settled in Cambridge, that state, where he completed the course in the Cambridge Academy at thirteen years of age. For three years he clerked in a village store. At the age of seventeen he went to New York City, having with him $22 in money and only a very limited supply of clothing. He obtained a position in a dry goods store on Catherine and East Broadway. A year later he entered the wholesale dry-goods house of Bradford & Birdsell on Cedar street, where he remained for three years as a clerk. A later position was with Williams, Bradford & Co., wholesale dry-goods merchants. In the fall of 1850 her resolved to come west to Portland. At that time thousands were seeking the gold fields of California, but comparatively few were identifying themselves with the limitless possibilities of Oregon. The motive that impelled him in his decision was the fact that Oregon was an agricultural country and California then almost wholly devoted to mining, and he reasoned that the produce raised in Oregon would be taken to California, payments being made with gold dust; thus Portland would be an excellent trading point. On the steamer Empire City, January 20, 1851, Mr. Corbett set sail from New York to Panama. Crossing the isthmus on muleback he then took the Columbia, which had been built by Howland Aspinwall of New York to ply between San Francisco and Portland. After a few days spent in San Francisco he proceeded to Oregon, arriving at Astoria on the 4th of march. The next day he reached Portland. There were only a few business houses on Front street. The houses were small and poorly furnished. Improvements were limited. What is now a beautiful city was then covered with large forest trees of pine and spruce. The territory of Oregon embraced Washington, Idaho and a part of Montana. Some months before starting west Mr. Corbett shipped a stock of goods on the barque Francis and Louisa via Cape Horn. On the arrival of the vessel in May, 1851, he transferred the goods to a building on Front and Oak streets and embarked in a general mercantile business. Leaving the store in charge of a manager, in June of 1852, he returned east via Panama, and spent almost a year in New York, meantime shipping goods to the Portland store. In 1853 he returned to Portland, where he continued the business. On the completion of the Union Pacific Railroad it was no longer necessary to bring goods around the Horn, but they were sent by rail to San Francisco, thence by boat to Portland. In 1868 he made the first trip by rail from the east to San Francisco. Previous to this he had made thirteen trips across the isthmus. Through his election as United States senator from Oregon in 1866 Mr. Corbett gained prominence among the statesmen from the west, and was enabled to do much toward advancing the interests of his home state. However, he was not a politician at any stage of his career, and his service in public capacities was only as a result of the constant solicitation of his friends, his personal tastes being in the direction of financial and commercial affairs rather than politics. As a business man he contributed to the development of Portland in a degree surpassed by none. As early as 1851 he began to be a leader among merchants. He was the first business man to close his store on Sunday, this being regarded at the time as a startling innovation. From that day forward he was strict in his adherence to measures he believed to be just and right. The business which he established shortly after his arrival in Portland was conducted under the name of H. W. Corbett, then as H. W. Corbett & Co., later as Corbett, Failing & Co., and lastly as Corbett, Failing & Robertson. Since 1867 their store has been the largest wholesale hardware establishment in the north west, as well as one of the largest on the coast. In 1868 H. W. Corbett bought a controlling interest in the First National Bank, of which Mr. Failing was made president and continued as such until his death in 1898, at which time Mr. Corbett became the executive head of the institution. In 1865 Mr. Corbett took the contract for the transportation of mails to California. Four years later he bought out the California Stage Company and enlarged the line to carry out the contract for running the four-horse stage coach with the mail between Portland and California. On his election to the United States senate he relinquished the contract. From the early days of the Oregon Steam Navigation Company he was one of its directors and up to the time of his death was a director of its successor, the Oregon Railroad and Navigation Company. At different times he has had important manufacturing interests. The building interests of Portland were greatly promoted by his co-operation. Among the buildings which he was interested in erecting are the following: First National Bank building; Worcester block, six stories, on Third and Oak streets; Cambridge block, on Third and Morrison; Neustadter building, on Stark and Fifth; Corbett, Hamilton and Marquam buildings, etc. An earnest advocate of the Northern Pacific Railroad, while in the senate he gave himself to the work of promoting the measure. After the failure of Jay Cooke to carry the plan to a successful issue and when Henry Villard undertook the completion of the road, Mr. Corbett took a pecuniary interest and in many ways promoted the work. While living in New York, Mr. Corbett was married at Albany, that state, to Miss Caroline E. Jagger, who was born in that city and died there in 1865. Two sons were born of that union, namely: Henry J., and Hamilton F., both of whom died in Portland in young manhood. The second marriage of Mr. Corbett was solemnized in Worcester, Mass., and united him with Miss Emma L. Ruggles, a native of that state. Movements of a humanitarian nature always received the encouragement and assistance of Mr. Corbett. One of the worthy movements to which he lent his aid was the Boys and Girls Aid Society, which endeavored to arrange affairs so that children, guilty of a first crime, were not thrown among the hardened criminals. A home was built especially for such first offenders and its influence has been lasting and far-reaching. The election of Mr. Corbett to the United States senate, over Governor Gibbs and John H. Mitchell, occurred in 1866 and he took his seat March 4, 1867. His record as senator was a most excellent one. He secured the appropriation for the Portland post office, also the custom house at Astoria, and succeeded in having Portland made the port of entry for the Willamette custom district. One of the bills he introduced provided for the return of the government to specie payment, which, though not passed at the time, was eventually adopted. In the senate he was especially effective in securing much needed financial legislation. One the expiration of his term, March 4, 1873, he visited Europe, spending seven months in a tour that was of deep interest to him as well as a source of recreation. In 1896, when the St. Louis platform declared for the gold standard, the Republican party in Oregon became somewhat disorganized on account of the advocacy by many of free silver. However, the influence of men as conservative and successful as himself did much to secure a Republican victory, and McKinley was given a majority of two thousand. In 1900 Mr. Corbett was the Republican candidate for the United States senate and had the majority of Republican legislators, but was defeated by John H. Mitchell through a combination of Democrats and some of the Republicans. In 1898, when the legislature failed to elect a United States senator, Governor Geer appointed him to the office, but he was not seated on account of the ruling of the United States senate, they declaring that an appointed senator was not entitled to a seat caused by the failure of a state legislature to elect when they had the opportunity. On several occasions he was a delegate to the national Republican conventions, where he was recognized as one of the leading men from Oregon. Considerable of his time and thought had been devoted to his duties as president of the board of directors of the Lewis and Clark Exposition, in the success of which he was deeply interested, as affording an opportunity to show to the east and to visitors from other countries the remarkable advancement made by the northwest during the eventful one hundred years since, at the instance of President Jefferson, Captain Lewis and Captain Clark, at the head of a small expedition, sailed to the head-waters of the Missouri and thence crossed the country to the coast, where they arrived November 14, 1805. The condition of the present, contrasted with the wildness of that period, affords an opportunity for the student of history to note the changes that have rendered possible the present high state of civilization, for which no class of people deserve greater praise than the indomitable, energetic and resourceful pioneers. On the day prior to his death, realizing that his strength was failing, Mr. Corbett resigned the office of president. ******************* Submitted to the Oregon Bios. Project in June 2005 by Diana Smith. Submitter has no additional information about the person(s) or family mentioned above.