EDWARD W. BAILEY
EDWARD WILLIAM BAILEY, a member of the Chicago Board of Trade, was born at Elmore, La Moille County, Vermont, August 31, 1843. His parents, George W. Bailey and Rebecca Warren, were natives of Berlin, Vermont. The Bailey family is remotely of Scotch lineage. George W. Bailey was one of a family of thirteen children, and was bereft of his father in childhood. He participated in the War of 1812, entering the service of the United States at the age of sixteen years. But little is known of his service, except that he was in the battle of Fort Erie. He became a prominent farmer and practical business man, officiating as president of the Vermont Mutual Life Insurance Company, and for many years filled the office of judge of probate in Washington County, a circumstance which indicates the regard and confidence reposed in him by his fellows-citizens. His death occurred at Montpelier in 1868, at the age of seventy years. Mrs. Rebecca Bailey was a daughter of Abe1 Warren. She died upon the homestead farm at Elmore in 1885, having reached the mature age of eighty-three years.
Edward W. Bailey is the youngest of ten children. His education was obtained in the public schools, and in Washington County Grammar School at Montpelier. From the age of seventeen years, he assisted his father in the management of the homestead farm, thereby developing a strong muscular frame and acquiring strength and endurance for the subsequent battle of life. He also inherited the upright character and conscientious principles for which his progenitors had been conspicuous, and when, in 1869, he entered upon his commercial career, he was fully competent to meet and master the exigencies and vicissitudes which ever beset the business man. At that date he purchased a grocery store at Montpelier, and the following year he and his partner increased their business by the addition of a gristmill. When the firm dissolved, a few years later, Mr. Bailey retained the mill and still continues to own and operate the same.
In 1879 he located in Chicago, and, in partnership with V. W. Bullock, began dealing in grain on commission, an occupation which still employs his time and attention. After the first two or three years, Mr. Bailey became sole proprietor of the business, and now occupies commodious quarters in the Board of Trade Building. In most instances, he has been successful, and he has ever maintained a reputation for honorable dealing and integrity of character, which has earned him the confidence of all His business associates. There is, perhaps, no man upon the Board of Trade today in whom the public has better reason to trust or whose business credit is freer from imputation.
In June, 1869, he was married to Miss Jennie Carter, daughter of Charles H. Carter, of Montpelier, Vermont. The lady was born in Wilmington, Massachusetts, and has become the mother of two children: George C., who holds a responsible position with the great packing house of Swift & Company, and Mary D., wife of Frederick Meyer, of Chicago. Mr. Bailey holds liberal views on religious subjects, and was for many years a member of the congregation of the late Prof. David Swing. He is not in fellowship with any social or religious organization. Though not an active politician, he never fails to exercise the rightas well as dutyof casting a vote, and supports Republican principles, believing the Republican party to represent the best social and economic ideas. He is a man of resolution and prompt action, and his industrious habits have made him an exemplary business man, whose life and character are worthy of the emulation of the rising generation.
Submitted by Sherri Hessick on January 29, 2001.
DISCLAIMER: The submitter is not related to the subject of this biography nor is she related to anyone mentioned in the biography.