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date: 23 October 2019

Bancroft, Hubert Howelocked

(05 May 1832–02 March 1918)
  • David J. Weber

Extract

Bancroft, Hubert Howe (05 May 1832–02 March 1918), businessman and historian, was born in Granville, Ohio, the son of Azariah Ashley Bancroft, a farmer, and Lucy Howe, a teacher. His formal education stopped short of college, and at age sixteen Bancroft left home to learn the book trade from his brother-in-law in Buffalo, New York. Sent to California with a valuable consignment of books, Bancroft opened his own bookstore in San Francisco in December 1856, with capital supplied by his sister and credit from several New York firms. Efficiently run, and favored by a margin between California gold and depreciated eastern currency during the Civil War, Bancroft’s store proved phenomenally profitable. Within a decade, H. H. Bancroft & Co. supported extensive European travel for its proprietor and permitted him the luxury of semiretirement at age thirty-seven. In 1869–1870 he built a five-story building for his business, which expanded to include stationery, office supplies, printing, and bookbinding. He turned over the day-to-day operations to his younger brother, Albert, while he moved into the fifth floor and devoted himself to the study of history....

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