Return To New York
After the uniquely severe U.S. winter of 1886-1887 wiped out his herd of cattle (together with those of his competitors) and most of his $80,000 investment, Roosevelt returned to the East. In 1885, he had built Sagamore Hill in Oyster Bay, New York on Long Island, which was his home and estate until his death.
In 1886, Roosevelt ran as the Republican candidate for mayor of New York City, portraying himself as "The Cowboy of the Dakotas." Due to information on the in-progress election, Republican insiders warned voters that George was leading and that Roosevelt was likely beat, thus causing a last-minute defection of Republican voters to the Democratic candidate Hewitt. Theodore Roosevelt took third place. The election results showed Hewitt (D) with 90,552 votes, George (United Labor) with 68,110, and Roosevelt (R) with 60,435.
Read more about this topic: Theodore Roosevelt
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—Mary Pipher (20th century)
“Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no mans surety. If your friend is in distress, aid him if you have the means to spare. If he fails to be able to return it, it is only so much lost.”
—Andrew Jackson (17671845)
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—Maureen Dowd, U.S. journalist. The New York Times, Giant Puppet Show, (September 10, 1995)