Daniel Drew was born on his family's farm near Carmel, New York, on 29 July 1797 and died in New York on 18 September 1879. Raised on a small farm in New York state, Drew was forced to quit school at an early age to help run the struggling enterprise. In his late teens he held a number of jobs as a cattle drover. An incurable schemer, he developed a technique of feeding his herd salt and allowing them to drink large quantities of water the night before a sale, thereby adding some fifty pounds to each head of cattle. He sold such ‘watered stock’ to Henry Astor, a prosperous New York City butcher and brother of fur and real estate tycoon John Jacob Astor, who subsequently and inexplicably had partnerships with Drew in other business dealings.
From The Encyclopedia of the History of American Management in Oxford Reference.
Subjects: Management and Management Techniques.