Youths Ready Their Schooner In NY Harbor, Seek Fortune

The schooner 'Philosopher' is owned by six young American traders, led by 22-year-old Arthur Terry. Their mission is to establish a trading business along the South American coast, carrying trinkets for Indians and supplies for Colombian miners. The venture is serious, aiming for profitability, with the partners hoping for jobs or valuable experience as outcomes.

What will the schooner carry for the Colombian miners?

What type of business are the partners attempting to establish?