A thumb-nail history of the city of Houston, Texas, from its founding in 1836 to the year 1912 Page: 176
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The Rice Institute-Brief Sketch of Mr. Rice-Orgnization
of the Great Educational Center.
Among the very early settlers in the new town of
Houston was Mr. Wm. M. Rice, who was destined
to impress his name indelibly on this, his adopted
home. Mr. Rice was a remarkable man. He began
his mercantile life in a modest way, but by
strict attention to every detail of his business he
was soon able to extend his field of operation. His
success was assured from the beginning, and, having
the money' making instinct, or faculty, largely developed,
he soon became one of the best known and
most prosperous merchants of the city. Much has
been said and written about him. Some things
absolutely true and some largely imaginative.
Those who knew him are aware of the fact that he
would not have appreciated some of the latter. Mr.
Rice was intensely practical, and cared little for the
applause of the crowd. He was a successful merchant,
a king of finance and nothing more. He was
absolutely honest and just, and what was more to
the point, he was as just to himself as he was to
others. If he made a contract he carried out every
detail and he required those who made the other
side to do the same. If he owed money he paid
every cent of the debt and those who owed him
money were required to settle in full. He was
merely an ordinary merchant and business man,
though a remarkably successful one.
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Young, Samuel Oliver. A thumb-nail history of the city of Houston, Texas, from its founding in 1836 to the year 1912, book, 1912; Houston, Texas. (texashistory.unt.edu/ark:/67531/metapth24649/m1/194/: accessed July 21, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .