The story of the Sun, New York, 1833-1918 / by Frank M. O'Brien.

THE EARLIER CAREER OF DANA

229

$175,000-but it gives us at once a large and profitable
business.
If you have a thousand dollars at leisure, you had
better invest it in the stock of our company, which is
increased to $350,000 in order to pay for the new acquisition. Of this sum about $220,000 is invested in the
Tammany Hall real estate, which is sure to be productive, independent of the business of the paper.
The " Tammany Hall real estate " was the building
at the corner of Nassau and Frankfort Streets, where
Tammany kept its headquarters from 1811, when it
moved from Martling's Long Room, at Nassau and
Spruce Streets, to 1867, when Dana and his friends
bought the building with the expectation of starting a
new paper. If Moses S. Beach had attracted Dana's
attention to the Sun in time, he might have sold him,
as well as the paper, his own building at Nassau and
Fulton Streets. But the Tammany Hall building was
a better-placed home for the Sun than its old quarters.
It faced City Hall Park and was a part of PrintingHouse Square. Dana was right about the productiveness of the real estate, for no spot in New York sees
more pedestrians go by than the Nassau-Frankfort corner. The Sun lived there for forty-three years, and its
present home, taken when the old hall became too small
and ancient, is only a block away.
The first number of the Sun issued under DanaMonday, January 27, 1868-contained a long sketch of
Tammany Hall and its former home, concluding:
Peace succeeds to strife. No new Halleck can sing:
There's a barrel of porter at Tammany Hall,
And the Bucktails are enjoying it all the night long;
In the time of my boyhood 'twas pleasant to call
For a seat and cigar 'mid the jovial throng.