View Full Version : George Fisher Baker's relations (financial geneaolgy)
George Fisher Baker (1840-1931), financier, co-founder of the First National Bank of New York, which merged with the Astor/Stillman Rockefeller-dominated National City Bank in 1955 to become First National City Bank, then Citicorp.
He was often found supporting JP Morgan's business moves, & was a director & holder of controlling interest in dozens of corporations during his career; for example, he was the largest stockholder in AT&T in the 20s.
Baker was also the original donor for the Harvard Business School, & died a multi-millionaire.
http://www.time.com/time/magazine/article/0,9171,718210...
Most people probably haven't heard of him, but his relatives are still on the scene.
Baker's sister Elizabeth married Grant Barney Schley, financier.
Schley's business interests included Chase Bank (later the Rockefellers' Chase-Manhattan, now JPMorgan-Chase) & his associates included Oliver Hazard Payne, Standard Oil partner, & Thomas Fortune Ryan, tobacco & transport magnate.
Ryan's grandson would later marry one of George F. Baker's great-grandchildren:
George F. Baker + Florence Tucker Baker = Evelyn Baker
+ Sir Howard Bligh St. George, 9th baronet = George Baker Bligh St George
+ Katherine Delano Price Collier, US Representative & 1st cousin of FDR = Miss St. George
+ (1) Alan Ryan (grandson of Thomas, financier & chief of Stutz-Bearcat - bankrupted trying to cover shorts)
+ (2) Angier Biddle Duke, Duke Tobacco (a family associated with the Ryan tobacco empire).
Alan Ryan's first wife was Janet Newbold (publishing heiress). She divorced him & for her third husband chose James S. Bush, brother of Prescott Bush.
Grant Schley's nephew Reeve Schley married Kate Prentice. Their grandchild = Christy Todd Whitman.
Kate Prentice's second cousin Ezra married JD Rockefeller's daughter Alta.
George F. Baker's son George F. Jr. married Miss Breevort Kane. Their son GF III married a Drexel-Munn, descendant of the Drexel banking house that was one of JP Morgan's original partnerships (Drexel-Morgan).
Incidentally, Angier Biddle Duke's mom Cornelia was the great-granddaughter of one of the Drexel founders, as well as the second-great-grandchild of Nick Biddle, founder of the Second Bank of the US (precursor of Federal Reserve).
GF Baker's daughter Flo married Thomas Suffern Tailer, whose mom was grandchild of one of the original Brown Brothers (as in Brown Bros Harriman).
He remarried to a Sturgis (Russell Trust/China Trade Family). Their child married a Gimbels' heir.
GF Baker's daughter Edith married John Schiff, son of Kuhn-Loeb financier Jacob Schiff.
Kuhn-Loeb teamed with Morgan to back James J Hill in acquiring the Northern Pacific RR in the 1890s, then backed EH Harriman & the Rockefellers in a fight for control of NP in 1901.
The fight was titanic, nearly caused a financial panic, & ended with a detente cordiale between the parties & the formation of Northern Securities:
http://en.wikipedia.org/wiki/Northern_Securities_Compan...
John Schiff's great aunt Nina & aunt Freida married into the Warburg banking family (e.g. Nina's husband = Paul Warburg, promoter of the Federal Reserve, & Freida's = financier Felix, whose granddaughter married FDR's son Franklin Jr.)
Bringing us into the present, John M. Schiff & Edith Baker's grandson recently married Al Gore's daughter.
blindpig
07-08-2009, 02:36 PM
A tangential question: Do you know if any of these Bakers lost his shirt in the crash and descended into working class obscurity?
none of gf bakers namesake heirs did down to this generation,
though his namesake heirs have a tendency to die in unfortunate ways.
http://thedartmouth.com/2006/01/05/news/baker
http://www.palmbeachdailynews.com/news/content/news/OBITbaket0710.html
"Tragedy has stalked the male line of the Baker family for decades. Anthony’s father, George F. Baker Jr., shot himself to death in 1977 at his 13,000-acre plantation in Florida. He was 62. Twenty-eight years before on the same property, Baker Jr.’s younger brother Grenville Kane Baker was killed by a bullet in the head, not self-inflicted. Three years ago, Anthony Baker’s older brother, George Baker III, also a very experienced pilot, was killed piloting his plane into the Nantucket airport on an especially bad night for navigation."
http://www.nysocialdiary.com/node/24687
Hope no one minds my continuing in this vein...
Came across this 1994 NYT wedding announcement:
http://www.nytimes.com/1994/09/18/style/weddings-kristina-perkin-harry-davison.html
Henry Pomeroy Davison, VP JP Morgan, = the great-grandson & namesake of this guy, also a Morgan partner (one of the most important in its history), & founder of Bankers Trust, the bride's employer:
http://en.wikipedia.org/wiki/Henry_P._Davison
http://en.wikipedia.org/wiki/Bankers_Trust
The patriarch HP Davison himself came from a banking family (the NY-area Pomeroys) & shares the Davison name with John Davison Rockefeller & the wives of the founders of Brown Brothers - though I've never been able to suss out a connection.
Son F Trubee was 1st CIA director. Son HP Jr. ran TIME mag & married James Stillman's (National City Bank, the original Rockefeller Bank, now Citigroup) daughter.
F. Trubee's son Daniel is the groom's dad.
He was CFR, Morgan, Morgan Guarantee Trust (private wealth management) & big in the foundation world. US Trust of NY (wealth management) was his last gig:
http://www.reuters.com/article/innovationNews/idUSN1838268620070618
US Trust founded 1853:
http://www.fundinguniverse.com/company-histories/US-Trust-Corp-Company-History.html
In 1904 directors included WM Rockefeller, James Stillman, Gustav Schwab, Darius Ogden Mills & a Brown Brother, among others.
It's now a BOA enterprise, recently changed hands from Chas Schwab.
Groom also = g-grandson of Endicott Peabody, founder of Groton, r/t the patriarch East India merchant Joseph (1757) & the JS Morgan founding partner George Peabody(1795), Astor agent.
The bride:
G-g-grandpa Talmage was a homeopathic MD, son of a society family. He married the daughter of "one of the merchant princes of NY," Thomas Hunt (oil), whose brother was also a "merchant prince" (cloth) & left an estate over 5 million in 1892:
http://www.google.com/search?hl=en&q=+site:query.nytimes.com+thomas+hunt+merchant+new+york
Son John F. Talmage Jr. was a banker, & brother Edward T H Talmage was a banker. He married Mary Prentice, the same Prentice family Reeve Schley of the Baker post above married into. His son = Jekyll Island Club.
JF Jr's daughter Gladys married Richard Perkin (b 1906), stockbroker, who founded Perkin-Elmer Corp (scientific instruments, e.g. for NASA), now S&P500:
http://en.wikipedia.org/wiki/PerkinElmer
The bride's father, Richard T Perkin, was Citibank, Burston-Marsteiler, & "TV exec". And has a foundation for medical research, convenient since Perkin-Elmer now in the life science biz.
Original link between the Baker & Morgan empires = Peabody
Charles A. Peabody (1849-1931)
After graduating from Columbia University and Columbia Law School, he joined his father's law firm, Peabody, Baker and Peabody.
Partner Fisher Ames Baker was counsel to the First National Bank and the uncle of its President, George Fisher Baker.
"It was said at the time Mr. Peabody left law for insurance, that the change was, at least in part, due to the influence of the elder Baker in the councils of the Mutual."
Peabody was trustee of the estate of the first John Jacob Astor since 1893, and was associated with William Waldorf Astor and represented him in this country....
his granddaughter, Anita Peabody Hadden, married Arthur W. Page Jr, whose brother Walter H. Page became chairman of the Morgan Guaranty Trust.
Walter H. Page joined J.P. Morgan & Co. immediately after graduating from Harvard in 1937....senior vice president of the Morgan Guaranty Trust in 1964 and vice chairman in 1968.
In 1969, the holding company J.P Morgan was formed to acquire the
Morgan Guaranty Trust, and he became vice chairman of that as well.
"In the 1970s, Mr. Page helped create the plan that led to the formation of the Saudi International Bank.
'The relationship between Morgan and the Saudi central bank was considered a great coup for the Morgan firm,'" according to the company historian.
Page married Jane Nichols, the daughter of George Nichols, and a granddaughter of J.P. Morgan Jr. through his daughter, Jane. (Miss Jane Nichols Becomes Engaged. New York Times, Nov. 3, 1941.)
http://www.smokershistory.com/MorganGT.html#Walter_H._Page
blindpig
07-09-2009, 10:00 AM
How is this different from medieval aristocracy?
It's not, and it won't be because it's a very insular world. When I was young I headed down to Chicago for the summers to work as a nanny in the posh suburb of Lake Forest. That was my first glimpse into the lifestyle. The kids start their lives very different from you & I (people left securities statements laying around on counters... you wouldn't believe how much money these kids have from birth). They join certain clubs, and go to certain schools. The children never meet anyone below their "station" unless they sneak out on their own when they are teenagers. It's not in their interest tho, mummy & daddy reel them back in with their checkbooks. They were very nice to work for I'll say that. Great tips, gifts, invites on vacations. I had great clothes for college because someone knew someone who owned a popular mail-order company and the discount was hefty. But why shouldn't they be pleasant - they really have no worries.
anaxarchos
07-09-2009, 01:41 PM
HB, if you are going this far back, it pays to keep your eye on the railroads. They play the role of engine of primitive accumulation. The period after the Civil War and with the Federal and State governments tapped to play a role, all that is "modern" originates there. Bank, manufacturing company, etc., all mean something different before and after. European bonds are tapped, the foundation of state capitalism is laid, the railroad capital quickly becomes monopoly capital and decides the life and death of the various manufacturing enterprises, and the whole is transformed into finance capital ("Wall Street"). It is quite the "innovation" for its time. And, of course it has nothing whatever to do with "fair competion" or "careful accumulation" or "free markets" or any of the rest of their silly slogans. How could it?
That's interesting re chicago society, thanks for that.
i look at rr's but am most interested in the flow of money generally (as best i can tell by looking at the family connections) & sussing out factions of capital. before rr's there was the canal-building bubbles - & the stage line bubbles - & associated financial innovations - so i'm not sure i buy that everything changed with rr's.
let me know if there's a problem with using your space for this stuff. if i don't write stuff down i lose track & there'smore motivation to write if someone might read.
George Fisher Baker con't
Drexel connection to George Fisher Baker = Mary Astor Paul
"the daughter of James William Paul, Jr. (1851-1908) and Frances Drexel (1858- 1901), the daughter of Anthony J. Drexel (1826-1893), the financier known as 'the man who made Wall Street.' Anthony J. Drexel was the founder of the banking firm Drexel & Co. (Drexel-Morgan = another incarnation).
She was named for an aunt, Mary Paul Astor, who in 1878 joined fortunes with William Waldorf Astor, better known as Baron Astor of Hever Castle."
http://www.newyorksocialdiary.com/socialdiary/2006/11_24_06/socialdiary11_24_06.php.
A family cousin, Katherine Drexel, was recently canonized Saint Katharine by the Catholic Church. " (St. Katherine's step-mom emma = Jackie Bouvier Kennedy's great-aunt).
Mary Paul Astor married Charles Munn:
"founder of the Everglades Club, Seminole and Gulf Stream Golf Club. He was a member of le beau monde, Café Society and Jet Set for more than six decades. Considered by many as 'The Last Gentleman,' Munn...was a perennial nominee to the International Best Dressed list. He is credited with popularizing the blue blazer (Captain's jacket), ascot and flannel trousers, as the official uniform of the social set. He kept a portrait of Queen Elizabeth II in the living room of his Palm Beach house..."
Their daughter Frances married George Fisher Baker (3rd, b. 1915, grandson of the patriarch), the one who shot himself on his Florida estate.
To tie Brown Brothers to this conglomerate:
Rev Joel Benedict of Connecticut had 2 daughters:
Louisa (b. 1795) married James Brown, son of Alexander & Grace Davison Brown, Alex being the founder of the Brown dynasty & James being founder of the US branch that became Brown Bros Harriman.
Sister Sarah married Alonzo Potter (b. 1800).
Louisa's daughter Margaretta (1829) married James Couper Lord of the Lord law/iron/finance family, e.g. Lord, Day white shoe firm, 1848-1994, firm of the NYT until the Pentagon Papers:
http://www.time.com/time/magazine/printout/0,8816,878422,00.html
The Lord's grandchild, architect James Brown Lord, married Mary Townsend Nicoll, whose second husband was Thomas Fortune Ryan, mentioned in posts above.
Louisa's daughter Sarah Benedict Brown married Alex Brown, another Brown Brother, son of James Brown's brother William.
Louisa's 3rd daughter Mary Louisa Brown married Howard Potter, Alonzo Potter's son by another marriage. Their children:
1. James Brown Potter (1853): his daughter Anne (1879) married James Alexander Stillman, National City Bank (now Citicorp), whose father was this guy (speaking of RRs):
"James Stillman... born on June 9, 1850, at Brownsville, Texas. He took over his father's financial and mercantile empire in New York, Texas, and Mexico in 1872 and turned it into the controlling interest in the National City Bank in New York and the most powerful force in the development of the Rio Grande valley. He greatly expanded the interests in Texas that he inherited from his father. His Texas holdings included the bonds of sixteen banks; control of land-development companies in the lower Rio Grande valley, Corpus Christi, and Kerrville; an interest in the Swenson Ranch; and, with the other three members of the "Big Four"- W. H. Harriman, Jacob Henry Schiff*, and William Rockefeller-control of most Texas railroads...
In 1876 Stillman supported the successful Revolution of Tuxtepec, conducted by Mexican general Porfirio Díaz from Brownsville, which resulted in the overthrow of the Mexican government. Díaz's partisans called themselves the "railroaders."
http://www.stillman.org/g1736.htm
*note that Schiff = the ancestor of Al Gore's daughter's husband.
Then James Stillman & Anne's daughter Anne Stillman married Henry Pomeroy Davison, of the wedding party family in the earlier post, son of this guy:
http://en.wikipedia.org/wiki/Henry_P._Davison
Anne Stillman's Henry was the son who ran TIME mag.
1a. Anne Potter's 2nd husband was Fowler McCormick, son of Cyrus McCormick, McCormick Reapers. Their son married JD Rockefeller's daughter Edith. BTW, the McCormicks & Rockefellers (as Avery ancestor) had already been associated in the farm implement biz before.
Anne died 1969.
2. Elizabeth Potter (1856) married Clarence Cary, old Virginia line, descendant of Jeffersons, Randolphs, Fairfaxes. (and incidentally, r/t the "Carey" in the Joni Mitchell song, who now works in the financial industry).
Their child Gwendolyn Playfair Cary married Frank Hunter Potter (1882), the grandson of Alonzo Potter & Sarah Benedict above, (also descendant through his mother of Francis Scott Key).
Gwen & Frank's child Pauline married George Phillipe de Rothschild.
2a. Eliz & Clarence's son Guy Fairfax Cary married a Burke-Roche, whose grand-neice = Princess Di.
Cyrus McCormick (b. 1809, Virginia) is credited with the invention of the mechanical reaper; the company he founded (Chicago 1846, 'McCormick, Ogden & Co.') evolved into International Harvester.
http://inventors.about.com/library/inventors/blmccormick.htm
Family Background:
Contrary to the picture painted in schoolbook history though, McCormick and his brothers (who joined him in the business) weren't exactly Horatio Alger types. Father Robert (1780) owned four large agricultural operations in Virginia, 1800 acres in total, with numerous enterprises on the properties, including grist mills, saw mills, forge & distillery.
And slaves, obviously; some inherited from Cyrus's grandfather Robert I (1738), as was the 500+ acre home place which stayed in the family until 1954 when (minus most of the former agricultural land) it was donated to the state.
http://www.astro.virginia.edu/research/observatories/26inch/history/walnutgrove.php
http://www.vaes.vt.edu/steeles/mccormick/info.html
The McCormicks supposedly came from Scots gentry who'd received an Irish estate from the British Crown, forfeited later for "high treason" - involvement in the Protestant rebellions.
http://www.libraryireland.com/JoyceHistory/1641.php
Cyrus's great-great grandfather Capt. James was a hero of the seige of Derry, & Cyrus's father is noted to have belonged to the "Seceder" Presbyterians.
http://en.wikipedia.org/wiki/Siege_of_Derry
http://freepages.genealogy.rootsweb.ancestry.com/~dcmont/seceders.htm
Beginnings of the business:
So Cyrus went to the Chicago frontier & met this guy - who happened to be a transplanted member of the wealthy NY Ogden family, Chicago's first mayor, real estate tycoon (both in NY & Chicago) & later railroad tycoon:
http://en.wikipedia.org/wiki/William_Butler_Ogden
Cyrus somehow convinced Ogden to front a paltry $50,000 to form the aforementioned "McCormick, Odgen & Co." Within a few years, he was rich enough to buy Ogden out.
Haymarket Riot:
By 1884, the McCormicks were very rich indeed, & the McCormick plants were the target of a strike:
"On May 3, striking workers in Chicago met near the McCormick Harvesting Machine Co. plant. Union molders at the plant had been locked out since early February and the predominantly Irish-American workers at McCormick had come under attack from Pinkerton guards during an earlier strike action in 1885."
http://en.wikipedia.org/wiki/Haymarket_affair
In 1884, Cyrus McCormick II (1859-1936) had tried to cut his workers' pay, despite his 71% profit margin.
When he lost that fight, he installed labor-saving machinery to get rid of union leaders. His workers continued making demands, so he shut down the factory, paid off the police, & hired scabs. (An Age of Extremes: Joy Hakim)
"Well-planned and coordinated, the general strike to this point had remained largely nonviolent. When the end-of-the-workday bell sounded, however, a group of workers surged to the gates to confront the strikebreakers. Despite calls by Spies for the workers to remain calm, gunfire erupted as police fired on the crowd. In the end, two McCormick workers were killed..."
http://en.wikipedia.org/wiki/Haymarket_affair
The murders were the impetus for the rally the following day at Haymarket Square & the chain of events now known as the Haymarket Affair:
"The Haymarket affair (also known as the Haymarket riot or Haymarket massacre) was a disturbance that took place on Tuesday May 4, 1886, at the Haymarket Square in Chicago, and began as a rally in support of striking workers. An unknown person threw a bomb at police as they dispersed the public meeting. The bomb blast and ensuing gunfire resulted in the deaths of eight police officers and an unknown number of civilians. In the internationally publicized legal proceedings that followed, eight anarchists were tried for murder. Four were put to death, and one committed suicide in prison...
The trial has been characterized as one of the most serious miscarriages of justice in United States history. Most working people believed Pinkerton agents had provoked the incident. On June 26, 1893, Illinois Governor John Peter Altgeld signed pardons... after having concluded all eight defendants were innocent. The governor said the real reason for the bombing was the city of Chicago's failure to hold Pinkerton guards responsible for shooting workers. The pardons ended his political career.
The police commander who ordered the dispersal was later convicted of corruption. The bomb thrower was never identified."
http://en.wikipedia.org/wiki/Haymarket_affair
Cyrus II became the first president of International Harvester when it was formed in 1902 by a merger of McCormick & several former competitors. He & his brother Harold ran IH for the next 40 years.
to be con't.....
IH was one of the "Trusts" Teddy Roosevelt railed against, but IH was never busted. From "Dynastic America & Those Who Own It" 1921:
The Harvester Trust (International Harvester Co.) does a
world business, as its name indicates. Besides virtually monopolizing
the sisal output of Yucatan from which it makes binder twine, the
Trust manufactures and sells farm implements in France...South America and Canada. It operates in these countries through subsidiaries.
The Russian plant was in the hands of the Bolsheviki during the revolution, following a visit to that country by Cyrus McCormick as a member of the Root Commission.
There is keen competition in Russia between the International Har-
vester and German Harvester concerns. Before the war the foreign
trade of the Trust was 40% of its gross, or about $50,000,000 a year.
In 1915, Dr. Victor Rendon... protested to the State Department that the
Harvester Trust and the Plymouth Cordage Company had a monopoly
of the sisal supply of Yucatan and were reducing the growers to a state
of "peonage."
"These companies have made a practice of loaning money to our
farmers at 10% interest and taking a mortgage on their crops which
they are thus enabled to buy at their own figure, even below the point
where the growers obtain enough to pay their living expenses," com-
plained Dr. Rendon.
Agents of the Harvester Trust were charged before a Senate
Committee in 1916, with helping to finance a revolution against the
Carranza Government in Yucatan and it was also charged to the
State Department, by an agent of the Carranza Government, that
agents of the Trust threatened United States intervention if they
failed to maintain a monopoly of the sisal supply of Yucatan..."
http://www.archive.org/stream/dynasticamericaa00kleirich/dynasticamericaa00kleirich_djvu.txt.
Two Americas
09-19-2009, 10:02 AM
Bunch of commies around here.
You folks are just jealous because the builders of society, the achievers and strivers, the smarter and more successful people have better lives than you do. If you wanted all of that, why didn't you just get yourself born into the right family? Sheesh. Whiners and malcontents, the lot of you.
:>) I go to DU for my abuse rations.
Hey Mike, could you tell me how to post a jpg? I've tried to put the .jpg into the "attach" thingee, but nothing happens.
choppedliver
09-19-2009, 05:27 PM
Hi hb, if I may help, you use brackets [ ] enclosing the term img at the start, type in the url of the jpg, then use brackets and /img at the end. Again, you start with [img] type in the url of the image then type [/img and then enclose it with a final bracket ]. (the program will read it and expect an image if I enclose it).
couldn't wait to see your image for Mike to get to you, fascinating thread here. :) Mary
Two Americas
09-19-2009, 06:39 PM
:>) I go to DU for my abuse rations.
Hey Mike, could you tell me how to post a jpg? I've tried to put the .jpg into the "attach" thingee, but nothing happens.
Sure.
This is the code needed:
http://socialistindependent.org/images/london.jpg
To get this:
http://socialistindependent.org/images/london.jpg
The url of the image, inside the image tags. (Highlighting the url and clicking the "picture" button will insert the image tags around the url.)
nothing. i can't get the image, & it won't even post til i remove the code & start over.
"Agents of the Harvester Trust were charged before a Senate
Committee in 1916, with helping to finance a revolution against the
Carranza Government..."
Documenting the long history of IH's dubious business practices, though, isn't the intent here; rather, to show how the McCormick billions still push present-day events.
Here's a list of Chicago's "Renaissance 2010" charter school initiative funders.
http://romanticpoet.wordpress.com/2009/01/25/obamas-arne-duncan-sec-of-education-and-renaissance-2010/
The first thing you'll notice is the overlap between Ren 2010 sponsors & Obama campaign funders: Gates, Pritzker (Hyatt hotels) & Crown (General Dynamics) are the biggest names, but many of the lesser-known on this list were also Obama backers.
The second thing you might notice is the number of Renaissance 2010 McCormick-associated donors. What follows is a list of those with some brief description.
1. McCormick Foundation ($1,000,000-$1,999,999 category)
The McCormick Foundation is the charitable trust of the Chicago Tribune McCormicks, est. 1955 upon the death of Robert R. McCormick, grand-nephew of Cyrus.
The McCormick family married into the Trib. In the mid 1800s, the Chicago Times was a McCormick mouthpiece. The rival Chicago Tribune was run by Joseph Medill, also Chicago mayor 1871-73.
Medill's daughter Elinor's marriage to Robert Patterson founded a New York/DC publishing dynasty (NY Daily News, Newsday, Washington Times-Herald) & grandson Joseph Albright was the husband of diplomat Madeleine.
http://en.wikipedia.org/wiki/Joseph_Medill
http://www.nndb.com/people/042/000205424/
http://en.wikipedia.org/wiki/Madeleine_Albright
When Cyrus's nephew Robert Sanderson McCormick married another Medill daughter, Katherine, in 1876, that was the end of the Times-Trib rivalry.
Control over two major Chicago papers was helpful in political disputes - like Haymarket, e.g.:
"Such apocalyptic rhetoric was further bolstered by the Chicago Tribune's terrifying post-Haymarket reports of citizens stumbling across (hidden bombs)..."
(Clymer, "The 1886 Haymarket Bombing and the Rhetoric of Terrorism in America," 2002)
"The Chicago Times described the defendants as: "arch counselors of riot, pillage, incendiarism and murder."
http://en.wikipedia.org/wiki/Haymarket
The Tribune McCormicks were also chief fundraisers for the prominent memorial to the police dead erected in Haymarket Square (& blown up by the Weathermen in the 60s).
2. Northern Trust ($2,000,000-plus category)
Northern Trust was originally an investment fund for Chicago's elite. The McCormicks were among its original shareholders. Over the years McCormick progeny worked for it in various capacities (& may still, though I haven't pinned this down to a certainty).
NT administers various McCormick trusts & charities, including the afore-mentioned RR McCormick Foundation:
http://www.secinfo.com/dsvRm.9j4.htm.
NT received TARP funds:
http://www.thedeal.com/dealscape/2009/03/tarp_deposits_from_us_bancorp.php
3. Kirkland & Ellis LLP ($500K to $999K donor)
KE is the law firm founded by Robert R McCormick, Chicago Trib publisher. It's now 11th in the world by revenue & also a Top 20 Obama donor. KE became the Tribune house counsel when Robert took over the Trib.
Steven D. McCormick, current partner:
http://www.kirkland.com/sitecontent.cfm?contentID=220&itemID=7946
4. Commericial Club 'Civic Committee' ($1,000,000 - $1,999,999)
Chicago muckety-mucks business club; McCormicks presided over it 1899, 1940-41,
1948-49, 1976-77. Close McCormick associates held the President's office in other years as well.
For example, current Chairman Madigan is an ex Tribune exec, & President Janotta ('94-'95), is Chairman of William Blair & Co., the investment firm founded by Cyrus McCormick's brother's grandson William McCormick Blair. Jannotta ran the firm with William's son Edward McCormick Blair for decades before taking the chairmanship.
http://www.commercialclubchicago.org/organization/past-members.html
http://www.encyclopedia.chicagohistory.org/pages/2207.html
http://people.forbes.com/profile/edgar-d-jannotta/6352
5. William Blair & Co. (<$24,999)
As previously noted, the Chicago investment house founded by the grandson of Cyrus's brother & business partner William S. McCormick.
Grandson William McCormick Blair (b. 1884) was Yale, Skull & Bones 1907.
He started his post-college career at Northern Trust, then joined Lee, Higginson, which went bankrupt by financing the Swedish Match King Ivar Krueger.
http://en.wikipedia.org/wiki/Lee,_Higginson_&_Co.
http://en.wikipedia.org/wiki/Ivar_Kreuger
He passed the management reins to his sons Edward (Yale 1938) & Bowen in 1961, but remained Senior Partner until his death in 1982. Janotta joined the firm in 1959.
Incidentally, among the principals listed in this 1997 filing:
http://www.sec.gov/Archives/edgar/data/1026682/0000950137-97-001427.txt
HARVEY H. BUNDY III Manager-Research
= Harvey Hollister Bundy III, Tuck School of Business at Dartmouth '68 & now Trustee, & grandson of bonesman/spook Harvey I:
http://en.wikipedia.org/wiki/Harvey_Hollister_Bundy
http://www.tuck.dartmouth.edu/about/staff/overseers.html
Ed Jannotta has some interesting connections too....which brings us to Rumsfeld.
Rumsfeld was born in Chicago (1932), but went to high school in Winnetka, a suburb. Turns out, Ed (Ned) Jannotta (b. 1931) was his classmate at New Trier HS.
http://www.nndb.com/people/634/000023565/
http://www.nndb.com/people/158/000127774/
They also attended Princeton together, & Jannotta was campaign manager for Rummy's winning congressional run; the job which first brought him to DC.
http://www.geocities.com/rummyfan/chicagomag.html
Jannotta is the grandson of the Italian immigrant Alfred/Alfredo/Andrew, listed in the 1900 census as a salesman with his own home, 2 servants, but in the 1910 census as a renter & "teacher of vocal music" at age 66.
In the 1920 census, however, his widow owns her home free & clear & has 3 servants, one a black chauffeur.
In 1922 & 1927 she & her children are listed on passenger manifests of ships returning to the US from England.
Her passport application of 1922 states she wishes to travel to "Bristish Isles, France, Spain, Italy, Czechoslovakia, Germany, Austria, Hungary, Greece, Switzerland, Holland, Belgium, Denmark, Norway and ret. to US, Sweden, Algiers, Egypt, Gibraltor, Jugo Slavia, Palestine.."
Additionally, she states she "resided in" Cuba Feb 1916.
In the 1930 census her home is valued at $10K. Her children are now adults in their mid-30s.
One son (Ed's dad) is listed as "stockbroker" with a $35K home, two servants.
One son is listed as "educator at correspondence school" with a $50K home & 2 servants.
(For reference: my parents bought a 1500-ft new ranch-style house with basement in a working-class suburb in the 60s for under $15K.
Rental & no servants in 1910, paid-off expensive houses in 1930? A 1930 correspondence school teacher with a $50K house & servants?
Italian - Chicago - 1910s-1930 - Cuba?
Just speculating...
(Another Jannotta son is listed as a student at Northwestern University ca 1916, then as a "journalist for a paper" in the 1920 census. Not beyond the realm of possibility it was a McCormick paper.)
(Another Jannotta son is listed as a student at Northwestern University ca 1916, then as a "journalist for a paper" in the 1920 census. Not beyond the realm of possibility it was a McCormick paper.)
Here's another Jannotta; if I'm not mistaken, this should be Ed's brother. "Jewel Companies" would be his maternal (Skiff) grandfather's business, "Jewel Tea".
http://www.defenselink.mil/prhome/dacmc_jannotta.html
So when the immigrant Jannotta was working as a "salesman," it could have been for Jewel Tea, & maybe this connection explains the apparent rise in the family fortunes during the twenties, if the family was cashed out or the mother inherited.
"Jewel reached the one million dollar mark in annual sales in 1910. By 1916 the company was operating in both Chicago and New York City. By the end of 1917 the U.S. government needed the Jewel plant in Hoboken, New Jersey for war material production and Jewel scaled back its household business. In 1919 Skiff and Ross were forced out of the business because of inadequate accounting controls."
http://antiqueshoppefl.com/archives/abrandt/hallchina.htm
http://en.wikipedia.org/wiki/Jewel_(supermarket)
Returning to the list of Renaissance 2010 donors:
http://romanticpoet.wordpress.com/2009/01/25/obamas-arne-duncan-sec-of-education-and-renaissance-2010/
6. Rauner Family Foundation ($1,000,000-$1,999,999):
This is the personal foundation of Golder-Rauner (private equity firm) principal Bruce Rauner:
http://www.gtcr.com/our_team/index.asp?Bio_ID=125&MainList=Employee_Type_ID@2&View=Principals
Foundation assets of $41 million, income of $32 million:
http://www.implu.com/nonprofit/363993405
Golder-Rauner "was founded in 1980 as Golder Thoma & Co. by Stanley Golder and Carl Thoma....Golder Thoma received much of its initial funding from William M. Blair..."
http://en.wikipedia.org/wiki/GTCR
The Rauners live in Winnetka, stomping grounds of Rumsfeld & Ed Jannotta of William (McCormick) Blair & Co.
Ed Jannotta's son (Ed Jr.) also started at William Blair & Co., but now he's a principal & senior advisor with Golder-Rauner:
http://www.gtcr.com/our_team/index.asp?Bio_ID=256&MainList=alphaSet@&View=
Rahm Emmanuel represented Golder-Rauner in a 2001 bid to buy a home security business (SecurityLink) from SBC Communications (Bill Daley's telecom biz).
More Rahm history connections here:
http://dealbook.blogs.nytimes.com/2008/12/04/in-banking-top-obama-aide-made-money-and-connections/
& here's a Golder-Rauner connection to Hurricane Katrina.
Seems GR sold its LifeCare hospitals to the Carlyle Group two weeks before Katrina (8/30/05):
LifeCare rented a floor in Memorial General Hospital.
"At LifeCare that afternoon (Tuesday, August 30), confusion reigned...At first everything seemed fine; Robichaux established computer communications with LifeCare’s corporate offices in Texas and was assured that LifeCare patients would be included in any FEMA evacuation of Memorial. But as the day wore on, the texts between LifeCare staff members and headquarters grew frantic as it became clear that the government’s rescue efforts and communications were in chaos.
...45 patients corpses were removed from MMC, 10 of which expired before Katrina struck. It suggested over half received medication hastening their death. Of the 35 deaths, 25 occurred on the LifeCare unit, which rented a floor in Memorial. Their mortality rate after Katrina was 48%. Tenet Health owned Memorial Medical Center and had 10 deaths."
http://stateofthedivision.blogspot.com/2009_08_01_archive.html
7. The Madigan Foundation ($500,000-$999,999)
This is the personal foundation of former Tribune exec John Madigan, who's also on the Board of the McCormick Foundation.
http://www.chicagobusiness.com/cgi-bin/news.pl?id=23369
"According to the Tribune...covering the latest round of “Renaissance 2010”, the most important thing about all the “new schools” being created in Chicago was that the principal of one of them was a “turnaround” story herself. A child who had made bad choices and then through hard work made good.
Of course, the Tribune story left out the public school teachers who helped the making good of the child who had faced problems, then recovered. But nothing will stop a good “story” -- even the truth -- if the narrative can be shaped to further massive privatization (in Chicago, via charter schools) at the expense of public schools.
One of the many things left out was the Wal-Mart connection to the new charter schools in Chicago and the direct connection of the Tribune’s top executives to the assault on public schools. "
http://www.substancenews.net/articles.php?section=Article&page=355
8. John W. Rogers, Jr ($250,000-$499,999)
This is Arne Duncan's business partner, & the scion of one of Chicago's most prominent black families. His great-grandfather was a Tulsa lawyer who fled to Chicago following the 1921 race riot:
"It was May 1921, and 2,000 angry whites were converging on a Tulsa jail where a 19-year-old black shoeshine man was being held for allegedly assaulting a 17-year-old, white female elevator operator...
J.B. Stradford, a local lawyer (Oberlin 1882), hotel owner and son of a freed slave, cut through a growing crowd of wary blacks, believing he could prevent certain bloodshed...
Fearing another lynching party, his son C. Francis Stradford, a lawyer, paid his bail, and the two disappeared. Though he would build another life, practicing law and opening successful businesses in Chicago, Stradford Sr. would never see his hometown again. "
http://www.people.com/people/archive/article/0,,20142895,00.html
Rogers Jr.'s great-grandmother, J.B.'s wife, also attended Oberlin: 1876-9.
His grandfather was "renowned U.S. Supreme Court attorney C. Francis Stradford" who argued the landmark Supreme Court case Hansberry v. Lee (restrictive covenants).
His mother was "the first woman to graduate from University of Chicago Law School, in 1955 the first black woman to be named Assistant U.S. Attorney, and in 1973 the first woman Deputy Solicitor General of the United States" - & a Nixon Republican.
http://biography.jrank.org/pages/2625/LaFontant-Jewel-Stradford.html
His father was lawyer (later judge) John W Rogers.
http://www.chicagolawyermagazine.com/2009/01/14/closing-argument-52-years-later-the-changes-ive-seen/
http://books.google.com/books?id=SLMDAAAAMBAJ&pg=PA48&lpg=PA48&dq=%22rogers,+rogers,+strayhorn%22&source=bl&ots=CadHmBVXEl&sig=qNoDawnwM40LX79vkdmX-Yd3xoQ&hl=en&ei=cQC2SrTPCYWcsgOOubTSDA&sa=X&oi=book_result&ct=result&resnum=2
Rogers Jr. went to Princeton in 1980, & his first job after graduation was with William (McCormick) Blair & Co.
Finally, a few other McCormick connections:
Robert Hall McCormick (1847), nephew of Cyrus, married Sarah Lord Day, whose uncle Daniel Deforest Lord established Lord, Day:
http://en.wikipedia.org/wiki/Lord_Day_&_Lord
& whose uncle James Couper Lord married a daughter of Margaretta Brown, daughter of James Brown, founder of NY's Brown Bros Harriman.
Cyrus's son Harold (Robert Hall's first cousin) married Edith Rockefeller, daughter of John D.
Their son Harold married Anne (Potter) Stillman. Her father James Brown Potter was the son of Mary Brown, Margaretta Brown's sister, & Howard Potter, a Brown Brothers partner.
Her first husband, James Stillman, led the Rockefeller-associated National City Bank.
Returning full circle to the present, Bill (Ren 2010 funder & Obama backer) Gates' great-grandfather James Willard Maxwell (b. 1864) happened to be President-founder of Seattle's National City Bank.
http://books.google.com/books?id=nbupvBGRpwEC&pg=PA485&lpg=PA485&dq=seattle+jw+maxwell+%22national+city+bank%22&source=bl&ots=uLarZFd6D9&sig=SuY1u3pfoEAI8La2wMLTrHs1-Yg&hl=en&ei=0xa2St_GNYuCsgPt8rCeDQ&sa=X&oi=book_result&ct=result&resnum=2
And on a completely unrelated note:
Harold McCormick's sister Mathilde married the Swiss Max Oser, & their daughter married Linus Pauling, Jr.
Two Americas
09-21-2009, 12:05 PM
nothing. i can't get the image, & it won't even post til i remove the code & start over.
Can you show me? Attempt to post an image?
i put the jpg code inside the [img] code, then press "post", but nothing happens. it won't post.
but if i take the code out of the "attach" box & just post the message, it will post.
Kid of the Black Hole
09-21-2009, 04:05 PM
Don't put it in the attach box HB, put it right into the post and don't forget that the closing tag needs a /
[/img]
Two Americas
09-21-2009, 04:14 PM
i put the jpg code inside the [img] code, then press "post", but nothing happens. it won't post.
but if i take the code out of the "attach" box & just post the message, it will post.
No need to use the attach function. I may even have it turned off - can't remember.
ooooh.
http://upload.wikimedia.org/wikipedia/commons/thumb/9/9d/Colossal_octopus_by_Pierre_Denys_de_Montfort.jpg/200px-Colossal_octopus_by_Pierre_Denys_de_Montfort.jpg
choppedliver
09-22-2009, 06:44 AM
Very nice hb! perfect image!
blindpig
09-22-2009, 07:39 AM
ooooh.
http://upload.wikimedia.org/wikipedia/commons/thumb/9/9d/Colossal_octopus_by_Pierre_Denys_de_Montfort.jpg/200px-Colossal_octopus_by_Pierre_Denys_de_Montfort.jpg
Ah, analogy...
http://skeptically.org/sitebuildercontent/sitebuilderpictures/octopus-us-hegemeny.jpg
So I'm reading an article about the excavation of Petra, Jordan:
http://upload.wikimedia.org/wikipedia/commons/thumb/0/0d/Entrance_to_Petra.JPG/180px-Entrance_to_Petra.JPG
http://www.brown.edu/Departments/Joukowsky_Institute/Petra/
& thinking how cool it is, & try to find out more about the woman who's been in charge of it for 18 years -
http://www.brown.edu/Departments/Joukowsky_Institute/Petra/excavations/Prof-Joukowsky.html
and suddenly, spook city.
seems she's the daughter of:
http://isurvived.org/Pictures_Isurvived/Rescuers_folder/Sharp_revWaitstill-Martha.GIF
http://isurvived.org/Rightheous_Folder/Sharp_REV_and-Martha.html
whose story, when you look into the details, has some holes - like finances.
but then i notice her husband artemis joukowsky: his white russian dad was an original partner of cv starr in china, business = aig insurance; joukowsky II spent 30 years with them.
http://books.google.com/books?id=lxciph34bAgC&pg=PA25&lpg=PA25&ots=GHUbhZPzY8&dq=artemis+Joukowsky
but not only. here's another of his activities: the jamestown foundation:
"Jamestown's work has contributed directly to the spread of democracy and personal freedom in the former Communist Bloc countries"
http://www.sourcewatch.org/index.php?title=Jamestown_Foundation
Board:
Zbigniew Brzezinski [1]
James H. Burnley [2] - Vice Chairman (& director of FreedomWorks)
Marcia Carlucci [3] (Carlyle group Frank Carlucci's wife)
Peter C. Cook [4]
Diana Denman [5] (Reagan/Bush)
Willem deVogel [6] - Treasurer
Edward O. Gaylord [7]
James G. Gidwitz [8] - Chairman
Marshall I. Goldman [9]
Patrick W. Gross [10] (Capital One & aspen institute)
Ralph W. Hauenstein [11]
James Hauslein [12]
Artemis A. W. Joukowsky [13]
Woody N. Peterson [14] - General Counsel, Secretary
Alfred Regnery [15] (Regnery Publishing!!)
Clinton I. Smullyan [16]
Michelle Van Cleave [17] (Bush "Senior Advisor to the Executive Agent for Homeland Security and Department of Defense.")
Arthur Waldron [18] (Trustee, Freedom House )
more here:
http://www.rightweb.irc-online.org/profile/Jamestown_Foundation
collection of cia, china hands, ex-bush people (including cheney)
so here's the "starr foundation"
http://www.starrfoundation.org/about.html
Greenburg, Davis, Roberts, Smith, Matthews = AIG or affiliates.
Breen is a cousin of Joukowsky's & direct descendant of Patrick Breen of the Donner party.
Freeman = son of another original principal in AIG & former AIG Japan founder.
TC Hsu = son of Singloh Hsu, the Chinese banker who loaned Cornelius Vander Starr start up money.
O'Malley & Livingston both had significant positions with the Picower Foundation, which lost big in the Madoff deal.
There's no punchline to this story except that it pretty much killed my excitement over the Petra dig to find out it was run by spies.
blindpig
10-03-2009, 09:10 AM
It is unavoidable in damn near any field. The well off, with all of their advantages, damn near default to the plumb gigs. Not constrained by the necessities of life they are free to study, read, write, travel to their hearts content. The working class, not so much at all.
Don't get my class resentment goin'. ;)
nah, i take for granted economic elites will be found at the commanding heights of the professions.
my issue was the dig head & her husband (its 'photographer') are both from intelligence families.
"Lizzie Borden took an ax
Gave her mother 40 whacks
When she saw what she had done
Gave her father 41."
http://upload.wikimedia.org/wikipedia/commons/thumb/b/b5/Lizzie_borden.jpg/225px-Lizzie_borden.jpg
http://query.nytimes.com/gst/abstract.html?res=9B02E4DE163EEF33A25752C2A9609C94629ED7CF
Besides the dark nursery rhyme, there's no obvious reason why the Borden murders of 1892 should remain so firmly esconced in American memory.
Female murderers weren't unknown in the period, nor were ax murderers. Indeed, another ax murder was committed in Fall River, Massachussetts shortly after the Borden incident.
The reason we remember Lizzie Borden, but have forgotten farmhand Jose Correira, the other Fall River ax murderer of 1892-3 is, & the reason the crime was a staple of the NYT for a year is, I submit -- money.
http://query.nytimes.com/gst/abstract.html?res=9F03E1DB173BEE33A25756C0A96E9C94639ED7CF
Lizzie's immediate family was well-off (though miserly), but the extended Borden family of Fall River was fabulously well-off. Indeed, Fall River in the 1890s was something like a petty fiefdom run by the extended Borden & Durfee families, who were in fact pretty much one family, as they were extensively intermarried.
It was the Borden money, position & connections to New York society that made the Borden murders of interest to the big-city papers. A NYT piece from 1879 notes the nepotistic family history:
http://homepage.mac.com/joepowers/mill/bordentimes.html
The Bordens were involved in a lot of businesses -- grist mills, ironworks, utilities, mining, shipping, steamships, railroads, & banks, but the flagship Borden enterprise in the 1890s was the American Printing Company. It was the largest producer of printed cotton fabric in the world at the beginning of the 20th century. Fall River was "The Spindle City," second only to Manchester England in textile production.
http://en.wikipedia.org/wiki/Fall_River_Iron_Works
American Printing Company was founded by two cousins of Lizzie's father, Richard (1795) & Holder (1799) on river property that had been in the family since the Bordens arrived in the area in the 1700s.
common ancestor John Borden of Rhode Island (1640)
| |
Richard Borden (1722) |
-----------------------------------------------------|
| | |
Richard (1748) Thomas (1750) George (1770)
| | |
Abraham (1798) Richard (1795) Holder (1790)
| |
Andrew Jackson (1822) Matthew CD (1842)
|
Lizzie (1860)
Richard's (1795) sister Phebe was Holder's mother, & her second husband Bradford Durfee was also a founding partner.
Some accounts of the Borden murders paint Lizzie's father Andrew as a self-made man, a poor relation of the textile Bordens, with no connection to their money, but this isn't the case.
First, Richard Borden (1722) divided his extensive real estate & milling fortune equally between his heirs, & Andrew's father Abraham used his own money to set Andrew up in the furniture/casket business, as well as willing him property. Second, Andrew is on record as Director of some of the Borden family businesses, most notably a bank. Third, the extended Borden family were the earliest shareholder of American Printing.
Fourth, the Borden daughters inherited a fortune sizable enough to keep them comfortably until they died, & even to pass some on at death.
http://query.nytimes.com/gst/abstract.html?res=9B05E4D8163EEF33A25753C1A96F9C94629ED7CF&scp=188&sq=andrew+borden&st=p
For example, when Lizzie died in 1927, she owned two cars (1923 & 1924 makes):
http://i92.photobucket.com/albums/l34/phaye101/FAMILY/23lin4drsedan_KI.jpg
http://i92.photobucket.com/albums/l34/phaye101/FAMILY/1924BuickSedan.jpg
the modest white house on the left...(bottom picture)
http://i92.photobucket.com/albums/l34/phaye101/Sites/Maple2Views.jpg
& other stuff.
One bequest of $6000 went to Grace Hartley Howe, Lizzie's second cousin, & wife of Louis Howe, FDR's private secretary and chief political strategist.
http://en.wikipedia.org/wiki/Louis_McHenry_Howe
Here's the basis of the Borden fortune, the crumbs of which kept Lizzie & her sister in the upper-middle class until they died:
http://upload.wikimedia.org/wikipedia/commons/0/08/Child_workers_in_Fall_River%2C_MA.jpg
The kids aren't standing in front of American Printing, but in front of another mill the Bordens had an interest in; Sagamore Mfg. Co., founded 1872 with Joseph Borden & two other relatives of Lizzie's on its board.
http://upload.wikimedia.org/wikipedia/commons/thumb/7/7f/Border_City_3.jpg/180px-Border_City_3.jpg
The Borden fortune was acquired in the heyday of child labor, & the textile industry was one of the biggest employers of children.
The Bordens had a few other interesting relatives.
First, their Rhode Island relations were involved in the whaling industry (the Massachussetts branch started their iron-works while they were building ships for the Rhode Island clan), & probably in the slave trade too.
I believe this is the case, though I haven't pinned it down absolutely, because the Rhode Islanders seem to have intermarried with the Rhode Island Browns, benefactors of Brown University, who were also early textile kings & because both the Browns & Bordens had ties to the Slater textile family:
http://en.wikipedia.org/wiki/Moses_Brown
Another relation was Gail Borden (Borden's Milk), who fits in here on the family tree:
common ancestor John Borden of Rhode Island (1640)
-------------------------------------------------------------------
| &
nbsp; | |
Richard (1671) John (1675) Joseph (1680)
| | |
(2 to Richard 1722) (4 to Gail Borden 1801) (4 to Holder 1799)
| |
(2 to Richard 1795) (3 to Andrew Jackson 1822)
|
Lizzie
In other words, Gail was of the same generation as the American Printing founders, though he was born in New York.
http://en.wikipedia.org/wiki/Gail_Borden
Gail's brother Thomas was one of the Texas "Three Hundred," the first (white) settlers of Texas, who fomented the Texas revolution.
http://www.tshaonline.org/publications/journals/shq/online/v001/n2/article_7.html
Gail laid out the city of Houston, founded a newspaper & grabbed 14,000 acres in Houston & Galveston before starting his canned milk venture.
http://docs.google.com/gview?a=v&q=cache:diVA4KByHUcJ:www.yatescommunication.com/WWSH_55_64.pdf+%22Baker%22+%22jane+gerrish%22&hl=en&gl=us&sig=AFQjCNGGMlxLmMIsfft_QQEpuUXU7_pSog
A few other Borden relatives:
William Shockley, the eugenicist, is a descendant thusly:
Thomas Durfee (1721) + Patience Borden
|
James Durfee (1768) + Walker
| |
Judith Durfee 1805 Abby Walker Durfee + Richard Borden (1799)
| (founder, American Printing)
3 to Shockley
Marilyn Monroe's supposed father, Charles Gifford, & Pres. Grover Cleveland, like this:
John Borden (1640)
|
Richard (1671) "one of the wealthiest men in Fall River"
| | |
Thomas (1697) Mary (1700) + Gifford Sarah + Hazard
| | |
3 to Richard 1795 7 to GIFFORD (1898) 7 to FOLSOM (+ Cleveland)
The final interesting Borden connection is a namesake rather than relative, but a pretty important one:
http://query.nytimes.com/gst/abstract.html?res=9807E2D61738E633A25751C0A9649D946596D6CF
http://wikimapia.org/10897776/Uplands-former-estate-of-J-Borden-Harriman
...here's the wife & daughter (Ethel Mary Borden Harriman):
http://www.rainfall.com/posters/images/newsServicePhotos/NSP07665.jpg
http://en.wikipedia.org/wiki/Florence_Jaffray_Harriman
J Borden Harriman was the son of Oliver Harriman, financier. Oliver was EH Harriman's uncle, the "successful" financier brother of the "unsuccessful" Rev Orlando Harriman, who never got on with a wealthy church, reportedly because he was too religiously scrupulous.
Low, Harriman was the partnership of Oliver Harriman & his father-in-law, James Low.
Supposedly Orlando's son Edward, the railroad magnate, despised him & looked up to his rich, connected uncle Oliver, & Oliver's connections helped him get his start in business.
http://en.wikipedia.org/wiki/E._H._Harriman
And of course EH is the start of the Harriman dynasty that eventually became the Harriman in Brown Bros, Harriman, Prescott Bush's firm & averell harriman's, whose third wife was Pamela, democratic party power & clinton backer.
Here's the Trow's Directory (of businesses) 1864: Low, Harriman, Durfee & Co.
http://books.google.com/books?id=LO8pAAAAYAAJ&pg=PA63&dq=trow+harriman+durfee
The Durfee is George Borden Durfee, the son-in-law of Jefferson Borden, the brother of Richard 1795, the founder of American Printing. But the Low, Harriman firm evidentally were the Borden's NY agent for various enterprises even before George & Matthew became partners.
Here's 1879: Low, Harriman & Borden.
http://books.google.com/books?id=-t4DAAAAYAAJ&pg=PA441&dq=1864+harriman+borden
The Borden in question is founder Richard's son Matthew. His bio:
http://books.google.com/books?id=be4pAAAAYAAJ&pg=PT83&dq=trow%27s+low+harriman+borden&lr=&as_brr=3
So it's my speculation that J. Borden Harriman (b. 1864) was named for either Richard (1795) or his brother Jefferson, who was also a main figure in the family business.
Many of the Borden heirs were wastrels, & the family as a whole seems to have not maintained its position in the upper reaches of the power elite; but some of the relations founded other businesses still going strong today, e.g.:
http://www.boremco.com/
http://upload.wikimedia.org/wikipedia/commons/d/dc/JohnFosterDulles.jpeg
http://upload.wikimedia.org/wikipedia/commons/6/64/Allen_w_dulles.jpg
The Dulles brothers, John Foster and Allen Welsh, ran (respectively) the State Department and CIA during most of the 1950's. In the course of their duties they had a hand in most of the big foreign policy events of the period -- including the overthrow of a number of foreign governments and a few assassinations.
Their lesser-known sister Eleanor also worked at State. Among her many achievements she assisted with the birth of the International Monetary Fund and the reconstruction of the post-WWII German economy.
However, the Dulles siblings didn't gain their positions entirely on their own merits. The family pedigrees include two other Secretaries of State and an assortment of similar noteworthies, and the connections stretch back through multiple generations.
Of particular interest are long-lived ties to the financial house of Brown Brothers and to the DuPont family.
I. The Paternal Great-Grands: Dulles, Heatly, Welsh, Maris
/Joseph Dulles (1751 Ireland)
|
/Joseph Heatly Dulles (1795 SC)
| |
| \Sophia Heatly
|
Rev. John Welsh Dulles (1823 PA)
|
| /John Welsh (1770 DE or England)
| |
\Margaret Mary Welsh (1797 PA)
|
\Jemima Maris (1775)
Dulles/Heatly
The Dulles siblings' great-great grandfather Joseph Dulles (b. 1751) was an Irish merchant, the son of an Irish merchant, and a "man of position". He immigrated to South Carolina in 1779 (age 28) with enough capital to establish himself in business selling luxury goods to the planter elite.
He then married Sophia Heatley, the daughter of a cotton plantation owner whose "extensive holdings" around Charleston and along the Santee River originated in land grants going back to the first settlement of South Carolina.
Welsh's business interests (which likely included trade in cotton and other slave goods) soon expanded into the commercial hub of Philadelphia, where he and his wife moved in 1812. There may have been an additional reason for the move; to take advantage of the business opportunities the War of 1812 opened up.
Joseph Dulles' daughter Mary married the South Carolinian planter and solon Langdon Cheves. Another item on Cheves' substantial resume was an apprenticeship with the banking house of Adger & Sons, Brown Brothers' South Carolina agents. Cheves was also President of the Second Bank of the US 1819-1822.
The Second Bank, under the leadership of Cheves' successor Nicholas Biddle, was the one President Andrew Jackson set out to destroy in the "Bank War" of 1832-1836. "The Bank," Jackson said, "is trying to kill me, but I will kill it." In the end, he did.
/Joseph Dulles (1751 Ireland)
|
Mary Elizabeth Dulles (1789) + Langdon Cheves (1776 SC)
|
Joseph Heatly Dulles (1795 SC) + Margaret Welsh
|
\Sophia Heatly
In 1814 Joseph Dulles' son Joseph Heatly Dulles graduated from Yale, where he'd belonged to the "Society of Brothers in Unity". Depending on who you believe, the SBU was either a Skull & Bones-like "secret society," or an ordinary debating club. Regardless, Dulles graduated, then entered his father's firm and eventually expanded it, adding coal, iron, and other holdings to the original mercantile and trading business.
Joseph also inherited a Carolina plantation, which he reportedly "managed in a most humane manner." Not surprisingly, tax rolls show him to have been one of the richest Philadelphians of his era. (Pessen; "Riches, Classes and Power Before the Civil War").
Despite his demanding business affairs, JH Dulles found time for civic and religious activities. He was one of the leaders of the 19th-century "Sunday School Movement," and for 50 years the manager of the American Sunday School Union (ASSU).
The ASSU, still extant today as the American Missionary Fellowship ( >300 missionaries), was founded in 1817 as a mission and church-seeding group organized "to carry the Gospel to the settlers on the frontier." Among its largest funders were John A. Brown (b. 1788) and his son Alexander Brown (b. 1815), scions of the Brown Brothers banking dynasty John's father Alexander (b. 1764) founded in 1800. Today it exists as the private banking firm of Brown Brothers Harriman, with $44 billion in (total) assets under management (2007).
John Brown served as ASSU's President from 1861 until his death in 1872, and left $10,000 to the organization in addition to earlier gifts. Son Alex was a 30-year ASSU member who sat on all its standing committees. His donations totaled over $40,000. But this wasn't the first meeting of the extended Brown and Dulles families, as we shall see next.
Welsh/Maris
In 1819 Joseph Heatly Dulles married Margaret Welsh of Philadelphia, whose roots were in the Brandywine Valley of Pennsylvania and Delaware. Her father, John Welsh, is sometimes described as being born in Delaware, sometimes as English-born.
What's certain is that he started his business career in Philadelphia apprenticed to the shipping merchant Joseph Russell (possibly of the "Russell & Co." family of opium traders), then worked for financier Robert Ralston (b. 1761), of Philadelphia and Little Brandywine. Ralston's business was the East India trade, the mainstays of which were cotton, indigo, tea, and opium.
Coincidentally, Ralston was also a founder of the Second Bank of the US (with financier Stephen Girard and others).
After leaving Ralston's employ, Welsh founded J&W Welsh, Shipping Merchants, with his brother William.
The Welsh firm had two renumerative lines of business. One was the West Indies trade, which in those times meant trad
ing the slaves or slave goods of the Caribbean plantation economy. The other was shipping cheap labor from Ireland to the Brandywine Valley, often as an agent for the DuPont family.
The French aristocrat Éleuthère Irénée du Pont de Nemours had immigrated to the US in 1799 in flight from the guillotines of the revolutionary government. By 1802 he'd established a gunpowder works on Brandywine Creek in Delaware, not far from the milling enterprises of John Welsh's wife's clan in neighboring Pennsylvania. Government contracts tripled DuPont's sales in its second year.
The DuPont connection was helpful when Welsh wanted to make a go of banking:
"The new bank was organized in August 1803 at Welsh's countinghouse with a capitalization of $1 million...the bank was able to survive with the support of prominent customers like E.I.DuPont..."
- CoreStates Financial Corp website
Welsh's "Bank of Philadelphia" became the "Philadelphia National Bank," then "PNB," and is now "CoreStates," a bank holding company with 1996 assets of 45 billion dollars.
The DuPont connection became a family connection when Elizabeth Canby Bradford married Alexis Irenee DuPont, director of DuPont 1890-1904. Alexis (b. 1843) was the great-grandson of E.I. DuPont, and Elizabeth was the great-great granddaughter of J&W Welsh partner Samuel Canby (b. 1751). Canby was also the first cousin once removed of Welch's wife Jemima Maris.
The Marises, neighbors of the DuPonts, were among the earliest settlers of the Brandywine Valley and owned much of its valuable river front, on which they'd established grist and sawmills. They were extensively intermarried with other "first" families of the area, like the Canbys and Shipleys.
Thus Joseph Shipley Jr. (b. 1795), another cousin of Jemima Maris, came to work for Joseph Welsh.
Welsh sent Shipley to Liverpool as his business agent. Liverpool had been the European hub of the slave trade until 1807, when England abolished slavery. But even afterward, the city's commerce still revolved around cotton and other slave goods, the businesses and shipping routes forged through the slave trade itself.
While Shipley was in Liverpool, he met William Brown (b. 1784), son of Alexander Brown (b.1764), the Irish linen merchant who immigrated to Baltimore (another slave trading hub) in 1800 and started Alex Brown & Sons, the founding business of the Brown Brothers financial dynasty.
Brown & Shipley was established in Liverpool in 1809; its initial business was cotton trading. Brown & Shipley is said to have moved a large percentage of the US cotton traded to England at the time of the Civil War. Welsh had provided some of Brown-Shipley's start-up capital and kept an interest in the trading house for some time.
The Brown connection, like the DuPont connection, continued to pop up through the years. John Welsh's grandson William S. Stokes (b. 1893), for example, married Ruth Coxe, the great granddaughter of Brown Brothers partner Alexander Brown (1815), who was himself grandson of the immigrant Alexander Brown (1764).
Furthermore, Alex (1815) Brown's wife Catherine Neilson was the daughter of Abraham Schuyler Neilson (1792). A.S. Neilson's older brother John (1775) had a daughter, Cornelia Neilson (1814). She married Orlando Harriman (1813). Their grandson William Averell Harriman (1891) was the "Harriman" partner in "Brown Brothers, Harriman".
Alex Brown John Neilson + Catherine Voorhees
| | |
John Brown Abraham Schuyler Neilson John Neilson
| | |
Alex Brown + Cath. Neilson Cor. Neilson + O. Harriman
| |
Welsh Isabel Brown + Coxe EH Harriman + Averell
| | | |
| Welsh + Stokes Coxe + Lovering William Averell Harriman
| | | 1891
| W.S. Stokes (1893) + Ruth Coxe
|
Dulles Siblings
(b. 1888-1895)
Notes:
1. The prominent Dulles-Welsh-Heatly-Maris relations are many; for example, representatives of the Biddle banking family, the elite law firm of Drinker-Biddle, and of Rhoads & Co., until recently the oldest continuously operating private family business in the US, are or were part of the clan, as was the showman Buffalo Bill Cody:
Jesse Maris...............
| |
Jemima Maris Maris + Taylor
+ John Welsh |
Taylor + Laycock |
Cody + Laycock
|
Buffalo Bill Cody
Perhaps equally interesting are the career paths of less prominent family members. For example, here is another of Samuel Canby's great-grandsons, Edmund L. Canby, who died in the then-frontier o
f Vancouver, Washington:
William Shipley (1693) + Mary Tatnall
| |
Elizabeth Shipley Ann Shipley
+ Canby + Maris
| |
Samuel Canby (1751) Jesse Maris (1745)
| |
Canby (1804)..... Jemima Maris (1775)
| | + John Welsh
| |
Canby (1827) Edmund L. Canby (1848)
+ Bradford |
|
Bradford (1852) + DuPont
"EDMUND L. CANBY, cashier of the First National Bank of Vancouver, and one of the city's most progressive citizens, was born in Wilmington, Delaware, May 8, 1848, a son of Edmund and Mary (Price) Canby, (note: born Mary Tatnall Price, the Tatnall middle name indicating she was probably Edmund's cousin )...
Edmund L. Canby, the youngest in a family of ten children, completed his education in his native State in 1864, after which he was employed as clerk in a lumbering business several years. He was next employed in a flour mill, and in 1877 became assistant to his brother, Major James P. Canby, Paymaster in the United States Army, after which he made his home at Portland, Oregon, until July, 1883.
Mr. Canby was then elected cashier of the First National Bank of Vancouver, which was incorporated in July, 1873, with a capital stock of $50,000, and the following officers: Louis Sohus, president; David Wall, vice-president; and E.L. Canby, cashier. At the close of 1892 the statement of the bank's condition shows a capital of $100,000 and $20,000 surplus, with the same others except the president.
The present Board of Directors are: Charles Brown, David Wall, L.M. Hidden, S.P. Jocelyn and E.L. Canby. Mr. Canby has been closely identified with the best interests of Vancouver and Clarke county since his advent into its business circles, and many of the important enterprises have had his support from a financial standpoint, and have also been brought upon a self-sustaining basis through his energy and progressive views. Among these may be particularly mentioned the Vancouver, Klickitat & Yakima Railroad, of which he was one of the incorporators, being in fact the chief promoter of that important enterprise."
An Illustrated History of the State of Washington, by Rev. H.K. Hines, D.D., The Lewis Publishing Co., Chicago, IL., 1893, page 436
When reading this account it helps to know that "bank cashier" was once an executive position, and that the "First National" Banks across the US were tied to Eastern interests.
3. Other Selected descendants
John Welsh + Maris
|
John Welsh Jr.
|
John Lowber Welsh
Son John Welsh Jr. (1805) = Minister to England for Rutherford Hayes presidency ("Minister to St. James"). Order of St. Olaf, Order of the Rising Sun. His son John Lowber Welsh was with J&W Welsh & Co (finance), associated with Drexel & Co (Catholic banking house). Reorganized the Pennsylvania-Reading Railroad with John C. Bullitt & JP Morgan, representing the "Syndicate" of 7 investors including: John Garrett (Shipley family relative), Samuel Shipley (Shipley family), & Henry DuPont.
John Christian BULLITT (1824) was from the illustrious Bullitt family (DC, Philadelphia, Kentucky, Seattle).
The grandfather of Wm. C. Bullitt, (diplomat, 2nd husband of Louise Bryant Reed, the widow of the revolutionary John Reed), and also grandfather of Alexander Scott Bullitt, husband of Dorothy Stimson Bullitt, founder of KING-TV, Seattle real estate magnate & daughter of lumber baron Charles Douglas Stimson. Also grandfather of Helen Kate Furness, who married Brown Brothers partner Wirt Lord Thompson. Also of US Solicitor-General William Marshall Bullitt, etc., etc. etc.
http://www.fastcompany.com/magazine/96/health-care.html?page=0%2C1
George HW Bush's brother Jonathan (Riggs bank scandal):
His son (Jonathan S. Bush, b. 1969) is in the healthcare claims processing biz - & he's a "progressive," vegetable oil car driving type. Isn't that nice.
Wife Sarah is the great-granddaughter of Percy Selden Straus (1876) & Edith Abraham.
Straus = son of Isidor Straus (Macy's).
http://en.wikipedia.org/wiki/Isidor_Straus
Abraham = daughter of Abraham Abraham.
http://en.wikipedia.org/wiki/Abraham_&_Straus
Jonathan S. Bush's middle name = Selden. Funny coincidence.
Sarah's grandfather Percy Selden Straus II changed his name to simple "Percy Selden". His son Thomas Randolph Selden (born Texas 1947) apparently goes by "Randy".
So that links the Bushes to the Dulles/Welsh family. Here's how:
Thomas Wanamaker (department stores) marries Mary Lowber Welsh, granddaughter of John Welsh (1805), cousin of the Dulles brothers.
Their son Rodman marries Vivian Dixon, granddaughter of Isidore Straus.
But she wasn't his only wife.
Another was Virginia Thaw, granddaughter of the coal & Pennsylvania RR baron William, one of the 100 richest americans ever:
http://en.wikipedia.org/wiki/William_Thaw
Who was the father of Harry K. Thaw, murderer of Stanford White:
http://en.wikipedia.org/wiki/Harry_Kendall_Thaw
The extended Forbes family has to be one of the most connected families in history.
They probably arrived in Scotland from France. They became lairds, & I'll pick it up around 1490, when the forbes son of the lord of pitsligo married the forbes daughter of the lord of newe.
about 175 years later, a descendant, helen of culcuhanny, married her cousin william.
They had some kids, two of interest., George & John.
Helen Forbes + William Forbes
| |
John (1670) George (1668)
George's grandson was "Bombay Jock," founder of Forbes & Co., India's oldest continually operating company, now part of Tata group (the Tata family were compradors in the imperial era):
http://en.wikipedia.org/wiki/Forbes_&_Company_Ltd.
http://www.forbestechnosys.com/forbes_group.htm
"Forbes was one of the fortunate ones to be authorised by the Court of East India Company to proceed to India as a ‘Free Mariner’ and later was a part of the select category of ‘Free Merchants’, at Mumbai.
Some of the most prestigious institutions in the city of Mumbai owe their existence to his association and involvement; the Rajabai Clock Tower, the Town Hall; one of the oldest buildings in the city, the Royal Asiatic Society Library; one of the finest book collections in Asia, the Turf Club; easily the most prestigious in Mumbai, India’s first dry dock, the Bombay Chamber of Commerce, railway lines to boost commercial traffic within the city and suburbs and the most noteworthy venture for all posterity, the Bombay Reclamation Project; a project started by Forbes nearly two hundred years ago and since, sustained by the government, changing the geography of the city of Mumbai, year after year.
...the cotton trading activity of Forbes grew apace and there was a time when the entire cotton crop of Gujarat was being bought by the Company. As the business dealings with Britain became extensive, the trading boom called for cargo vessels. So shipping became a new business area for the company. Thus, Forbes also gained the status of an agent running a stable brokerage business.
Shipping developed into ship building and because of its sound financial health, the Company was appointed as Bankers to the Government of Bombay and from there arose what today is the State Bank of India. Alliances with Ritchie Steuart & Co. and the house of Campbell lead to the formation of Forbes, Steuart and Campbell and a further widening of Company interests..."
http://www.forbes.co.in/history.htm
Forbes & Co. was also a big landowner in India; when it was sold to Tata, its Bombay & other properties were reputedly one of the most attractive pieces of the package.
Bombay Jock "founded the family fortune that led to the erection of Castle Newe and more. His estates in Strathdon alone included Ardgeith, Buchaam, Colquhonny, Culqaharrie, Deskrie, Bellabeg, Invernochty, Newe and the Forest of the Bunzeach, Skellater and Tollaskink."
http://treasuresofbritain.org/ForbesClan2.htm.
Meanwhile, John, grandson of Helen & William Forbes's other son John, had gone to America, where his sons & grandsons got involved in the China trade (opium) with the Perkins/Russell clan & also made a lot of money:
http://en.wikipedia.org/wiki/Forbes_family
US BRANCH:
Helen Forbes + William Forbes (~1630)
|
Forbes
|
Forbes + Murray
|
Forbes + Blackwell
|
Robert Bennett Forbes (1804-1889)
SCOTS BRANCH:
Helen Forbes + William Forbes (~1630)
|
Forbes
|
Forbes + Shepard
|
George Forbes (brother of Bombay Jock) + Stewart
|
Sir Charles Forbes 1773 (heir to Forbes & Co.)
|
Sir Charles Forbes 1803 (heir to Forbes & co.)
Well, that's nice, but like they say at DU, "So what, we're all related if you go back far enough..."
"Personal Reminiscences of Robert Bennett Forbes":
"In 1841, desiring to visit Europe, to confer with some of the constituents of Russell & Co, I embarked...Here I made the acquaintance of Sir Charles Forbes of Forbes, Forbes & Co, who claimed consanguity with our family & with whom we had extensive business relations; also the Rothschilds, who were valuable constituents of Russell & Co.; also the Barings..."
http://books.google.com/books?id=11sSAAAAYAAJ&pg=PA165&lpg=PA165&dq=%22sir+charles+forbes%22+%22forbes+%26+co%22&source=bl&ots=jESCH9ljS-&sig=MOdDtpJxAZVoJMW6xrrSCddelxk&hl=en&ei=_Br9SrbRE4fwsgPS6MmHCw&sa=X&oi=book_result&ct=result&resnum=4&ved=0CBIQ6AEwAw
http://en.wikipedia.org/wiki/Robert_Bennet_Forbes
RB Forbes was the brother of John Murray Forbes & the great-great grandfather of John Forbes Kerry:
Helen Forbes + William Forbes (~1630)
|
Forbes
|
Forbes + Murray
|
Forbes + Blackwell
|
John Murray Forbes + Howell
|
Francis Blackwell Forbes + Clark
|
James Grant Forbes (1879 China) + Winthrop
|
Rosemary Forbes + Kerry
|
JFK
Powered by vBulletin® Version 4.1.10 Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.