Just who was Seth Catlin, and why did the Chicago Board of Trade erect a monument in his honor? I figured there would be an interesting story under this stone, and I was right.
Seth Catlin was born September 14, 1812 in Deerfield, Massachusetts to Richard Catlin (1773-1852) and Charlotte, nee Stebbins (1780-1855). He was actually the second Seth Catlin born to Richard and Charlotte - the first was born in 1800 and died in 1803. Using the same name more than once in a generation is guaranteed to drive genealogists slowly mad...
Seth moved to Chicago in 1835.
Seth Catlin married Helen Griswold in Chicago on September 5, 1838. Seth and Helen were blessed with seven children: Richard (1840-1878), George (1843-1910), Charles (1844-1913), Jane (1848-1930), Catherine (1850-1940), Helen (1853-????) and Seth (1856-1923).
As the war began in 1861, CBOT adopted the gold coin as its standard of value. In addition, CBOT financed the formation of three regiments and an artillery battery for the Union Army. The pace at the CBOT was non-stop as commodities were gathered up for the insatiable appetite of the war machine.
Unfortunately Seth Catlin became ill during the fall of 1862. Readers of the Chicago Daily Tribune of Tuesday, January 20, 1863 saw the following notice:
Here, from later that same day, are the resolutions the CBOT passed about the death of Seth Catlin:
The second stroke of marketing genius concerned Seth Catlin's monument. $1,000.00 had been collected by the members of the CBOT for Catlin's monument. The Board decided, after consultation with the cemetery, that Catlin's monument should be done by Leonard Volk. Fans of Volk have seen his own monument at Rosehill:
|The Sheaf of Wheat|