Businessman Morton decided on a business career, and in 1838 he began work as a
general store clerk in
Enfield, Massachusetts. Guaranty Trust Company, Washington Life Insurance Company, Home Insurance Company, and
Equitable Life Assurance Society. In addition, he was an investor in numerous ventures, including the
Rio Grande, Sierra Madre & Pacific Railway, Virginia Iron, Coal & Coke Company, and Intercontinental Rubber Company. Morton also maintained a farm on his estate, where he raised prizewinning horses and cattle. In 1909, Morton received an offer from
J. P. Morgan to merge the Morton company with the
Morgan Guaranty Trust Company. He accepted, after which he retired from most business pursuits.
Civic leader Morton was involved in many civic and charitable causes. In 1883, he was one of the founders of the
Metropolitan Opera. In 1886, he was appointed to the
Hobart College board of trustees. He served for several years, including a term as chairman of the board.
Member of Congress photo, Identified with the
Stalwart faction of
Republicans led by
Roscoe Conkling, in 1878 Morton was elected to represent
Manhattan in the
46th Congress. On the currency issue, which dominated discussions of
U.S. economic policy for several decades, Morton consistently advocated for the
gold standard.
James A. Garfield, who was not affiliated with either faction, but was a friend of Blaine, won the nomination
U.S. Senate candidate photo, 1882 After returning to the United States, Morton was a candidate for
U.S. Senator in 1885. A third candidate,
Frank Hiscock, was not affiliated with either faction and had little initial support. After 17 ballots failed to produce a nominee, Morton withdrew and asked his supporters to back Hiscock to ensure that Miller would not be reelected. Hiscock was chosen on the 18th ballot, and won the election by defeating Democrat
Smith Mead Weed. ==Vice presidency (1889–1893)==