[4] His brother was Alexander Hodgdon Stevens, a surgeon who served as the second President of the American Medical Association from 1848 to 1849.
[7] After graduating from college, Stevens entered mercantile life, and became a partner in his father's business in 1818.
[3] He was chairman of the committee of bankers of New York, Boston, and Philadelphia which first met in August 1861, and decided to take $50,000,000 of the government 7.30 loan.
They subsequently advanced $100,000,000 more, and the terms of the transactions were arranged chiefly by Stevens, as the head of the treasury note committee.
His advice was frequently sought by the officers of the United States Department of the Treasury during the American Civil War.