Marshall Fields: A Jekyll Island Club Millionaire
By Andrea Marroquin, Museum Specialist
In April of 1886, Marshall Field became a charter member of the Jekyll Island Club. Like many of Jekyll Island’s prominent Club Members, Field was a self-made man with humble beginnings. Born in 1834 near Conway, Mass., Field was the third of six children. When his father sold the family farm to his older brother, Field realized he would need to learn a trade. At 15, he obtained his first job as a clerk at a local dry goods shop, where his employer said that he would never be able to run a store. Nevertheless, at 21, he moved to Chicago and gained employment with the largest dry goods company in the city. He slept in the store to save his $400 annual salary, and became a partner by the time he married Nannie Douglas Scott in 1863. They would have two children together, Marshall Field, Jr. and Ethel Field. In 1865, Field opened a dry goods business with some other investors. The company soon moved to a prominent building on State Street known as the “Marble Palace.”
The six-story building burned down and $3.5 million of merchandise was lost, however, during the catastrophic Chicago Fire of 1871. Then, in 1873, the store reopened only to be
razed by fire again just five years later. It was determinedly rebuilt yet again. By 1881, Field had bought out the company. His store, “Marshall Field & Co.,” catered to fashionable middle and upper class women. He offered personal shoppers, unconditional refunds, home delivery, an interior decoration department, telephone services, a library, a nursery, and restful places to meet and socialize. His store was the first to offer in-store dining, as well as a bridal registry. When streetcars were introduced, Field also ensured the availability of convenient transportation. Field’s policy was, “Give the lady what she wants.” In 1887, Field also opened a 500,000 square foot wholesale store that sold items in bulk to retailers throughout the central and western United States. The small-town farm-boy had achieved big-time financial, social, and political success.
Hobnobbing on Jekyll Island, he frequented the Clubhouse and Fairbank Cottage along
with the nation’s other business leaders. In 1904, his name was put forward as a potential
Democratic Vice Presidential candidate, but he refused to consider the position. Field, widowed in 1896, was remarried to a longtime friend and neighbor, Delia Spencer Caton, in September of 1905. Field died a few months afterwards, on January 16, 1906, in New York City. He had developed a case of pneumonia from playing golf in Chicago on New Year’s Day.
At the time of his death, Marshall Field employed 12,000 people in Chicago. He was the wealthiest man in the city, one of the wealthiest in the country, and the richest merchant in the world. What was the secret of his success? Field left the following advice: 1) Never give a note, 2) Never buy stock on margin, 3) Don’t speculate, 4) Don’t borrow, 5) Don’t mortgage your business, 6) Always pay cash, 7) Sell on shorter time than your competitors, 8)Sell the same quality for less, and 9) Hold your customers accountable for their obligations.
Field left a philanthropic legacy to the city of Chicago, as well. He helped found what would become the Art Institute of Chicago. He established the Field Museum of Natural
History. He also donated the original tract of land to the University of Chicago, a portion
of which is known today as Marshall Field. John Shedd was appointed to serve as the company’s president after Field’s death. Shedd completed Field’s plans for a 12-story expansion of the State Street store, which would later become a National Landmark. With its grand reopening in 1907, the store briefly gained the glorious title of “the world’s largest department store.”
To learn about other members of the Jekyll Island Club, visit the Jekyll Island Museum
on Stable Road, (912) 635-4036. Exhibits are open to the public free of charge and tours
of the historic district depart daily.
Tags: jekyll island club era, jekyll island georgia, jekyll island history tours, jekyll island museum, marshall fields





March 31st, 2008 at 9:47 am
OK folks
please dont duplicate what is going on here in myrtle beach
keep the beach for its intended purposes and that doesnt include building on it
we are members of the grand strand shell club and yes we visit your beaches several times each year
we also take cruises out of jacksonville and port canaveral and make it a point to stop there to shell your lovely beaches both coming and going
so our comment leave it alone
thanks
ted and sheila
March 31st, 2008 at 10:24 am
Thank you for your input, the current plans for a beach village call for any buildings to be well off the beach beyond the sand dunes. Public access with a pedestrian walkway would run along the beach, keeping the beach open for all to enjoy!