Pierre Jay
Pierre Jay (May 4, 1870 – November 24, 1949) was the first chairman of the Federal Reserve Bank of New York. Early life Jay was born on May 4, 1870 in Warwick, New York. He was the son of Rev. Peter Augustus Jay (1841–1875), a protestant Episcopal clergyman, and Julia (née Post) Jay. Jay grew up in Rye, New York at the Jay Estate ancestral home of his great-great grandfather, American Founding Father, John Jay. Among his siblings was Mary Rutherfurd Jay, one of America's earliest landscape architects."Mary Rutherfurd Jay – Garden Architect" Exhibit Catalog, Jay Heritage Center, 2015 His maternal grandparents were Dr. Alfred Charles Post and Harriet (née Beers) Post and his paternal grandparents were John Clarkson Jay and Laura (née Prime) Jay (herself the daughter of prominent banker Nathaniel Prime of Prime, Ward & King). Jay attended the Groton School, graduating in 1888 before attending Yale University, where he graduated in 1892, and was a member of Skull and B ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Warwick, New York
Warwick is a town in the southwestern part of Orange County, New York, United States. Its population was 32,027 at the 2020 census. The town contains three villages (Florida, Greenwood Lake, and Warwick) and eight hamlets ( Amity, Bellvale, Edenville, Little York, Wisner, New Milford, Pine Island, and Sterling Forest). History In the early 1700s, one of the original patent holders, Benjamin Aske, named his land "Warwick", presumably after an area of England near his original ancestral home. He began to sell it off to settlers in 1719. His first parcel of land, 100 acres, was sold to Lawrence Decker. Other familiar family names of the Valley appeared in subsequent years. The European population of the valley grew rapidly from 1730 to 1765, and the previously existing populations of indigenous native people declined as forests and land were cleared for pasture and were re-organized. By the start of the American Revolution, almost all of the native population had disappeared in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Skull And Bones
Skull and Bones, also known as The Order, Order 322 or The Brotherhood of Death, is an undergraduate senior secret student society at Yale University in New Haven, Connecticut. The oldest senior class society at the university, Skull and Bones has become a cultural institution known for its powerful alumni and various conspiracy theories. It is one of the "Big Three" societies at Yale, the other two being Scroll and Key and Wolf's Head. The society's alumni organization, the Russell Trust Association, owns the organization's real estate and oversees the membership. The society is known informally as "Bones," and members are known as "Bonesmen," "Members of The Order" or "Initiated to The Order." History Skull and Bones was founded in 1832 after a dispute among Yale debating societies Linonia, Brothers in Unity, and the Calliopean Society over that season's Phi Beta Kappa awards. William Huntington Russell and Alphonso Taft co-founded "the Order of the Skull and Bones". Th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robert Gould Shaw
Robert Gould Shaw (October 10, 1837 – July 18, 1863) was an American officer in the Union Army during the American Civil War. Born into a prominent Boston Abolitionism in the United States, abolitionist family, he accepted command of the first all-African Americans, black regiment (the 54th Massachusetts Infantry Regiment, 54th Massachusetts) in the Northeast. Supporting the promised equal treatment for his troops, he encouraged the men to refuse their pay until it was equal to that of White Americans, white troops' wage. He led his regiment at the Second Battle of Fort Wagner in July 1863. They attacked a beachhead near Charleston, South Carolina, and Shaw was shot and killed while leading his men to the parapet of the Confederate-held fort. Although the regiment was overwhelmed by firing from the defenses and driven back, suffering many casualties, Shaw's leadership and the regiment became legendary. They inspired hundreds of thousands more African Americans to enlist for t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Francis C
Francis may refer to: People *Pope Francis, the head of the Catholic Church and sovereign of the Vatican City State and Bishop of Rome *Francis (given name), including a list of people and fictional characters *Francis (surname) Places * Rural Municipality of Francis No. 127, Saskatchewan, Canada * Francis, Saskatchewan, Canada **Francis (electoral district) *Francis, Nebraska *Francis Township, Holt County, Nebraska * Francis, Oklahoma *Francis, Utah Other uses * ''Francis'' (film), the first of a series of comedies featuring Francis the Talking Mule, voiced by Chill Wills *''Francis'', a 1983 play by Julian Mitchell *FRANCIS, a bibliographic database * ''Francis'' (1793), a colonial schooner in Australia *Francis turbine, a type of water turbine *Francis (band), a Sweden-based folk band * Francis, a character played by YouTuber Boogie2988 See also *Saint Francis (other) *Francies, a surname, including a list of people with the name *Francisco (other) *Francis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Franklin Templeton Investments
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from New York to San Mateo, California. As of October 12, 2020, Franklin Templeton held US$1.4 trillion in assets under management (AUM) on behalf of private, professional and institutional investors. History The company was founded in 1947 in New York by Rupert H. Johnson Sr., who ran a successful retail brokerage firm from an office on Wall Street. He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing. The company's first line ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fiduciary Trust Company International
Fiduciary Trust Company International is a United States-based wealth management firm that provides investment management and wealth management services. It has served high-net-worth families, foundations, and endowments since 1931. , the firm had $71 billion in assets under administration and management, serving clients in 48 countries. The firm and its subsidiaries maintain offices in New York City, and several other locations. Fiduciary Trust is part of Franklin Templeton Investments. History In 1931, Fiduciary Trust Company of New York opened for business on the 30th floor at One Wall Street in New York City. The firm was founded as a multi-family office to serve wealthy individuals and families during the financial crisis of the time. Pierre Jay, a former chairman of the Federal Reserve of New York, and Elihu Root Jr., a noted lawyer and son of the Secretary of State, served among the firm's first directors. By the 1960s, the firm had broadened its reach and as a res ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dawes Plan
The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was a plan in 1924 that successfully resolved the issue of World War I reparations that Germany had to pay. It ended a crisis in European diplomacy following World War I and the Treaty of Versailles. The plan provided for an end to the Franco-Belgian occupation of the Ruhr, and a staggered payment plan for Germany's payment of war reparations. Because the Plan resolved a serious international crisis, Dawes shared the Nobel Peace Prize in 1925 for his work. The Dawes Plan was put forward and was signed in Paris on August 16, 1924. This was done under the Foreign Secretary of Germany, Gustav Stresemann. Stresemann was Chancellor after the Hyperinflation Crisis of 1923 and was in charge of getting Germany back to its global reputation for being a fighting force. However, he resigned from his position as Chancellor in November 1923 while remaining Foreign Secretary of Germany. Background: World Wa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York Federal Reserve
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at 33 Liberty Street in Lower Manhattan, it is by far the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks. The Federal Reserve Bank of New York is solely responsible for implementing monetary policy on behalf of the Federal Open Market Committee and acts as the market agent of the entire Federal Reserve System (as it houses the Open Market Trading Desk and manages System Open Market Account). It is also the sole fiscal agent of the U.S. Department of the Treasury, the bearer of the Treasury's General Account, and the custodian of the world's largest gold storage reserve. Aside from these distinct f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Edward Filene
Edward Albert Filene (September 3, 1860 – September 26, 1937) was an American businessman and philanthropist. He is best known for building the Filene's department store chain and for his decisive role in pioneering credit unions across the United States. Early life Born in Salem, Massachusetts, Edward was one of five children of William Filene (born May 8, 1830) and Clara Ballin (born December 13, 1833). Both his parents were German Jewish immigrants, his father from Posen, Prussia, and his mother was born in Segnitz, Bavaria. William immigrated to the US in 1848 after abandoning law school in Berlin. It was some time in the 1850s that William and Clara met while Clara was visiting relatives in Hartford, Connecticut. They married in New York City. As "a peddler, chiefly of women’s apparel" William built up a company composed of several small retail shops.Stillman, YankiEdward Filene: Pioneer of Social Responsibility. ''Jewish Currents.'' September 2004. In 1865, at the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Philanthropist
Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors, which are public initiatives for public good, notably focusing on provision of public services. A person who practices philanthropy is a List of philanthropists, philanthropist. Etymology The word ''philanthropy'' comes , from ''phil''- "love, fond of" and ''anthrōpos'' "humankind, mankind". In the second century AD, Plutarch used the Greek concept of ''philanthrôpía'' to describe superior human beings. During the Middle Ages, ''philanthrôpía'' was superseded in Europe by the Christian theology, Christian cardinal virtue, virtue of ''charity'' (Latin: ''caritas''); selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Massachusetts
Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut [Massachusett writing systems, məhswatʃəwiːsət],'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York (state), New York to the west. The state's capital and List of municipalities in Massachusetts, most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban area, urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American History of the United States, history, academia, and the Economy of the United States, research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manuf ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |