Alfred Escher
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Johann Heinrich Alfred Escher vom Glas, known as Alfred Escher (20 February 1819 – 6 December 1882) was a
Swiss Swiss may refer to: * the adjectival form of Switzerland * Swiss people Places * Swiss, Missouri * Swiss, North Carolina *Swiss, West Virginia * Swiss, Wisconsin Other uses *Swiss-system tournament, in various games and sports *Swiss Internation ...
politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...
, business leader and railways pioneer. Thanks to his numerous political posts and his significant role in the foundation and management of the
Swiss Northeastern Railway The Swiss Northeastern Railway (''Schweizerische Nordostbahn''; NOB) was an early railway company in Switzerland. It also operated shipping on Lake Constance (''Bodensee'') and Lake Zürich. Until the merger of the Western Swiss Railways into the ...
, the Swiss Federal Institute of Technology,
Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...
, Swiss Life and the
Gotthard Railway The Gotthard railway (german: Gotthardbahn; it, Ferrovia del Gottardo) is the Swiss trans-alpine railway line from northern Switzerland to the canton of Ticino. The line forms a major part of an important international railway link between no ...
, Escher had an unmatched influence on Switzerland's political and economic development in the 19th century.


Life


Origins and family

Alfred Escher was born in
Zürich Zürich () is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zürich. It is located in north-central Switzerland, at the northwestern tip of Lake Zürich. As of January 2020, the municipality has 43 ...
, into the Escher vom Glas family, an old and influential dynasty that had produced many prominent politicians. A scandal surrounding Alfred Escher's immediate forebears had, however, damaged his family line's reputation. His great-grandfather Hans Caspar Escher-Werdmüller (1731–1781) had fathered a child out of wedlock with a maidservant in 1765 and emigrated. His grandfather Hans Caspar Escher-Keller (1755–1831) almost brought the whole of Zürich to financial ruin when he went bankrupt. Finally Alfred Escher's father Heinrich Escher (1776–1853) made a new fortune through speculative land deals and trading in partnership with
Baron Jean-Conrad Hottinguer Baron Jean-Conrad Hottinguer (15 February 1764, Zurich – 12 September 1841, Castle Piple, Boissy-Saint-Léger) was a Swiss-born French banker who later became a Baron of the French Empire. Biography Career In 1784, Hottinguer left the city ...
from their North American offices. In 1814 Heinrich returned to Zürich and married Lydia Zollikofer (1797–1868) in May 1815. The marriage produced two children, Clementine (1816–1886) and Alfred. In 1857 Alfred Escher married Augusta Uebel (1838–1864). Their daughter Lydia was born in 1858, but another daughter Hedwig (1861–1862) died while still a baby. In 1883
Lydia Escher Lydia Welti Escher, (née Lydia Escher, 10 July 1858 in Zürich-Enge – 12 December 1891 in Genève-Champel) was a Swiss patron of the arts and the daughter of Augusta Escher-Uebel (1838–1864) and Alfred Escher (1819–1882), who, among many ...
married
Friedrich Emil Welti Friedrich Emil Welti (15 June 1857, Aarau - 8 March 1940, Kehrsatz) was a Swiss business manager and legal historian; one of the most influential figures in the Swiss insurance industry. His father was the Federal Councilor, Emil Welti and his fi ...
, the son of
Federal Councillor The Federal Council (german: Bundesrat; french: Conseil fédéral; it, Consiglio federale; rm, Cussegl federal) is the executive body of the federal government of the Swiss Confederation and serves as the collective head of state and governm ...
Emil Welti Friedrich Emil Welti (23 April 1825, in Zurzach – 24 February 1899, in Bern, called exclusively ''Emil Welti'') was a Swiss politician, lawyer and judge. From 1856 to 1866, he was a member of the government of the canton of Aargau and, beginning ...
. In 1890, shortly before the end of her tragic life, she invested the Escher fortune in a Foundation which she called the
Gottfried Keller Gottfried Keller (19 July 1819 – 15 July 1890) was a Swiss poet and writer of German literature. Best known for his novel '' Green Henry'' (German: ''Der grüne Heinrich'') and his cycle of novellas called ''The People from Seldwyla'' (''Die Leu ...
Foundation after the Zürich writer to whom her father gave consistent support. Lydia's suicide in 1891 brought an end to Alfred Escher's family line. His family owned a coffee plantation in Cuba between 1815 and 1845 that employed slaves.


Childhood, youth, student years

Alfred Escher spent the first years of his childhood in the house where he was born, the "Neuberg" on Hirschengraben in Zürich. Heinrich Escher had a country house built on the left shore of Lake Zürich in the village of Enge (now part of the city of Zürich). He called it '' Belvoir''. When the family moved into the house in 1831, Heinrich Escher was able to devote himself fully to his passion for botany and his
entomological Entomology () is the scientific study of insects, a branch of zoology. In the past the term "insect" was less specific, and historically the definition of entomology would also include the study of animals in other arthropod groups, such as arach ...
collection. During this period Alfred Escher was taught at home by various tutors, including the theologian Alexander Schweizer, and
Oswald Heer Oswald Heer (or Oswald von Heer) (31 August 1809 – 27 September 1883), Swiss geologist and naturalist, was born at Niederuzwil in Canton of St. Gallen and died in Lausanne. Biography Oswald Heer was educated as a clergyman at Halle and ...
, who was to become a paleo-botanist and entomologist. Escher attended the Zürich Obergymnasium high school from 1835 to 1837. After graduating from high school, Escher decided to study law at the
University of Zürich The University of Zürich (UZH, german: Universität Zürich) is a public research university located in the city of Zürich, Switzerland. It is the largest university in Switzerland, with its 28,000 enrolled students. It was founded in 1833 f ...
. In 1838/39 he spent two semesters abroad at the
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and
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, though these stays were marred by serious illness. During his studies, Escher became involved in the Zofingia student society, which he joined in 1837. He served as president of the society's Zürich section in 1839/40 and in September 1840 became overall president of the whole society. Escher himself repeatedly cited the Zofingia as a major influence on the development of his personality. With a dissertation on Roman law, Escher gained his doctorate "summa cum laude" from the University of Zürich. Having completed his studies, Escher needed to think carefully about his future career, so he went to
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for several months to contemplate the matter.


Political rise

Following his return to Zürich in the summer of 1843 Escher devoted himself to a number of academic projects. He did preparatory work on a wide-ranging history of Swiss law, which never came to fruition. Escher also planned to give lectures at the University of Zürich, Switzerland. In February 1844 he gave a trial lecture, whereupon the university governing council appointed him as a
lecturer Lecturer is an List of academic ranks, academic rank within many universities, though the meaning of the term varies somewhat from country to country. It generally denotes an academic expert who is hired to teach on a full- or part-time basis. T ...
in the Faculty of Political Science. In addition to his academic pursuits, the radical-liberal Escher was politically active: he met regularly with former student friends in the "Academic Wednesday Society" to discuss topical political issues and wrote a number of articles for the
Neue Zürcher Zeitung The ''Neue Zürcher Zeitung'' (''NZZ''; "New Journal of Zürich") is a Swiss, German-language daily newspaper, published by NZZ Mediengruppe in Zürich. The paper was founded in 1780. It was described as having a reputation as a high-quality ne ...
. In August 1844 Escher, now 25 years old, was elected to the Zürich's Cantonal Parliament. He was now able to play an active part in political debates of the time, most notably the expulsion of the
Jesuits The Society of Jesus ( la, Societas Iesu; abbreviation: SJ), also known as the Jesuits (; la, Iesuitæ), is a religious order (Catholic), religious order of clerics regular of pontifical right for men in the Catholic Church headquartered in Rom ...
from the Swiss Confederation, a position on which Escher played a prominent role in the anti-Jesuit camp. In 1845 and 1846 Escher took part in the Federal Council of Cantonal Representatives (Tagsatzung) in Zürich as Third Envoy, which brought him into contact with Switzerland's leading politicians. In 1847 Escher was appointed as Zürich's Chief Administrator, and in the summer of 1848 he was elected to the cantonal government. With the introduction of the new
Swiss Federal Constitution The Federal Constitution of the Swiss Confederation (SR 10; german: Bundesverfassung der Schweizerischen Eidgenossenschaft (BV); french: Constitution fédérale de la Confédération suisse (Cst.); it, Costituzione federale della Confederaz ...
, it became necessary to put together the first ever national parliament. On 15 October 1848 Escher was elected to the National Council and was appointed its vice-president on 7 November 1848. Escher was to sit on the National Council without interruption until his death 34 years later. He was elected to serve as National Council President (the highest public office in Switzerland) four times (in 1849, 1856 and 1862: in 1855 Escher declined the post for health reasons).


Opposition and criticism

Thanks to his many political posts and his position as one of the founders of the
Swiss Northeastern Railway The Swiss Northeastern Railway (''Schweizerische Nordostbahn''; NOB) was an early railway company in Switzerland. It also operated shipping on Lake Constance (''Bodensee'') and Lake Zürich. Until the merger of the Western Swiss Railways into the ...
(1852/53) and
Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...
(1856), Escher commanded an unusual amount of power. He attracted a number of nicknames as a result, including "King Alfred I" or the "
Princeps ''Princeps'' (plural: ''principes'') is a Latin word meaning "first in time or order; the first, foremost, chief, the most eminent, distinguished, or noble; the first man, first person". As a title, ''princeps'' originated in the Roman Republic w ...
". His political eminence was bound to attract critics. The Democratic Movement called for the people to be given a greater say on political issues. The devotees who surrounded Alfred Escher – known as the "Escher system" – were the avowed enemies of the Democrats. The fight was taken to the "Escher system" by means of
pamphlet A pamphlet is an unbound book (that is, without a hard cover or binding). Pamphlets may consist of a single sheet of paper that is printed on both sides and folded in half, in thirds, or in fourths, called a ''leaflet'' or it may consist of a ...
s and public assemblies, and ultimately this resulted in a weakening of Escher's influence. Another serious problem he faced was the fact that his Northeastern Railway was sliding further and further into financial crisis in the 1870s. The company's share price plummeted from 658 Swiss francs in 1868 to 70 francs in 1877. This process prompted irate investors to heap criticism on Alfred Escher, even though he had already resigned from his position as chairman of the Northeastern Railway board in 1871. Even the financial difficulties involved in the Gotthard project were blamed on Escher by various parties.


Illness, death and memorial

In addition to personal attacks from political opponents, Escher faced serious health problems. He suffered repeated bouts of ill health throughout his life and on many occasions was obliged to spend long periods in convalescence. His susceptibility to illness was highly incompatible with his phenomenal appetite for work. During the critical phase of the
Gotthard Tunnel , it, Galleria del San Gottardo , other_name = , line = Gotthard Line , location = Traversing the Saint-Gotthard Massif in the middle of the Swiss Alps , coordinates = , os_grid_ref = , status = , system ...
construction in the mid-1870s Escher nearly worked himself to death. In 1878 he fell so badly ill that he was unable to leave "Belvoir" for several weeks. His life became a constant alternation between illness and recovery:
asthma Asthma is a long-term inflammatory disease of the airways of the lungs. It is characterized by variable and recurring symptoms, reversible airflow obstruction, and easily triggered bronchospasms. Symptoms include episodes of wheezing, cou ...
, fever, eye conditions,
boils A boil, also called a furuncle, is a deep folliculitis, which is an infection of the hair follicle. It is most commonly caused by infection by the bacterium '' Staphylococcus aureus'', resulting in a painful swollen area on the skin caused by ...
. However, this did not prevent Escher from fulfilling his political and business obligations whenever he could. In late November 1882 he fell badly ill again. Carbuncles developed on his back and he was plagued by a virulent fever. On the morning of 6 December 1882 Alfred Escher died on his "Belvoir" estate at Zürich/Enge. At his funeral service on 9 December 1882, which was held in Zürich's
Fraumünster The Fraumünster (; lit. in en, Women's Minster, but often wrongly translated to urLady Minster) is a church in Zürich which was built on the remains of a former abbey for aristocratic women which was founded in 853 by Louis the German for h ...
church, the Swiss political elite conferred the last honour on him: Federal Councillors,
National National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, ce ...
and States Councillors as well as countless representatives of the
Cantons A canton is a type of administrative division of a country. In general, cantons are relatively small in terms of area and population when compared with other administrative divisions such as counties, departments, or provinces. Internationally, t ...
were in attendance. In February 1883 a committee was formed for the purpose of erecting a memorial statue to Escher. The commission went to the sculptor
Richard Kissling Richard Kissling (15 April 1848 – 19 July 1919) was a Swiss sculptor, and medallist. Biography Born in Wolfwil, Switzerland, Kissling went through apprenticeship as a plasterer before moving to Rome for 13 years, studying under the sculptor Fe ...
. The Alfred Escher memorial designed by Kissling and erected outside the Zürich main railway station was inaugurated on 22 June 1889. Alfred Escher was initially buried in the Enge cemetery, but when that was deconsecrated in 1925 his remains were moved to the Manegg cemetery.


Founder of modern Switzerland


First railway projects

"The rail tracks are approaching Switzerland, moving nearer on all sides. People are coming up with plans to route the railways around Switzerland. There is thus a danger that Switzerland will be entirely circumvented and that, in the future, it will be left with no option but to present to the world the sad face of Europe's forgotten backwater." With these words uttered in late 1849 Alfred Escher expressed his concern that modernity risked passing Switzerland by. And he had good cause for such concern, since at the time when the distances covered by railway tracks in Europe were steadily increasing, driving economic development as they did, Switzerland was doing little to join in. The fate of the new Swiss Confederation established in 1848 became inextricably bound up with the advent of the railways. There was basic agreement on the need for railways, but precious little agreement on how or where they should be built. In 1852 Escher helped push through a railway law drafted entirely in line with his own conceptions: railway construction and operation would be left to private companies. This soon led to a veritable railway boom in Switzerland. Within a very short period of time competing railway companies were set up, including in 1852–53 the
Swiss Northeastern Railway The Swiss Northeastern Railway (''Schweizerische Nordostbahn''; NOB) was an early railway company in Switzerland. It also operated shipping on Lake Constance (''Bodensee'') and Lake Zürich. Until the merger of the Western Swiss Railways into the ...
, with Escher at its helm. In this way the Swiss rapidly closed the gap in rail-related knowledge and technology between themselves and foreign operators.


Federal Polytechnic Institute

The railway boom was accompanied by a call for people with the technical training required in the new economic sector. In Switzerland there were then no educational establishments for engineers and technicians. Escher was at the forefront of the struggle to rise to the technological and manufacturing challenges of the time. After years of political wrangling the Federal Polytechnic Institute (now known as
ETH Zurich (colloquially) , former_name = eidgenössische polytechnische Schule , image = ETHZ.JPG , image_size = , established = , type = Public , budget = CHF 1.896 billion (2021) , rector = Günther Dissertori , president = Joël Mesot , ac ...
) was finally founded in 1854/55. From 1854 to 1882 Escher was vice-chairman of the Federal School Council, the governing body of the Polytechnic Institute. The establishment of this institution for technology and the natural sciences was the key act in laying the foundation for Switzerland's later pre-eminence in education and research.


Credit Suisse

The large amounts of capital involved in constructing railways posed new challenges to the rail companies. The capital had to be raised outside Switzerland because there were no institutions within the country able to make money available in the huge quantities required. This dependence on foreign lenders resulted in those lenders seeking to influence the growth and development of the Swiss rail companies. Alfred Escher did not like this state of affairs. In 1856 he succeeded in establishing a new bank, Schweizerische Kreditanstalt (now known as
Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...
), primarily for the purpose of securing financing for his own rail company, the Swiss Northeastern Railway. Increasingly, however, Escher's bank financed other public and private sector endeavours too, thereby developing into an important lender for the Swiss economy and the founding institution of the Zürich's
financial centre A financial centre ( BE), financial center ( AE), or financial hub, is a location with a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to ta ...
.


Gotthard railway

Despite the expansion of the rail network in the 1850s, there was still a danger that Switzerland would be left out of the wider European scheme of things. Although connections with the main Swiss towns and cities had soon been established, there was still no major north–south route. Alfred Escher initially favoured a trans-Alpine link via the Lukmanier, he changed his mind and became an advocate of the Gotthard project. Escher threw all the economic and political resources at his command behind this ambitious project. He consulted engineers and other experts, and conducted negotiations with the authorities at home and abroad. At the international Gotthard conference held in the autumn of 1869, the final decision was made in favour of the Gotthard line. In 1871 the Gotthardbahn-Gesellschaft (Gotthard Railway Company) was established, with Escher as its chairman. The construction phase was hampered by a variety of problems in realising the project and a – given the scale of the project, rather modest –
budget overrun A cost overrun, also known as a cost increase or budget overrun, involves unexpected incurred costs. When these costs are in excess of budgeted amounts due to a value engineering underestimation of the actual cost during budgeting, they are known ...
of around 11%. Escher was exposed to increasingly vociferous criticism, prompting him to resign as chairman of the Gotthard Rail Company in 1878. When the builders of the Gotthard tunnel broke through in 1880, he was not invited to attend. In 1882 this landmark project was finally completed and the Gotthard tunnel was ceremoniously opened. This time, Escher was invited but unable to attend the opening celebrations because of his poor health. The Gotthard tunnel played a vital part in putting Switzerland on the international transport map. In the years following its inauguration the volume of goods and passengers passing through soared, turning Switzerland into an important transit country.


Public offices and positions

The number and importance of the positions and public offices held by Alfred Escher remains unparalleled in Swiss history to date, as the following (not exhaustive) list illustrates:


Legacy and research

Those wishing to research Alfred Escher have a rich store of
source material A source text is a text (sometimes oral) from which information or ideas are derived. In translation, a source text is the original text that is to be translated into another language. Description In historiography, distinctions are commonly m ...
at their disposal. First and foremost there is extensive correspondence connected with Escher. Escher corresponded with a number of eminent personages from the worlds of politics, industry and science. In 2006 the Alfred Escher Foundation was set up to conduct research into his life and achievements. The Alfred Escher Foundation's documentation centre can provide photocopies of the approximately 7,500 letters written to or by Alfred Escher as well as a range of standard reference works on Swiss history in the 19th century. The correspondence is also available in a multimedia edition, which is being posted online in stages.''Digital Edition''
. Letters written by and to Alfred Escher. Retrieved 23 February 2012.


Escher's correspondence

* * * * * * ''The series is to be continued (to a total of six volumes).''


References


Bibliography

* * * 4 volumes. * * *


External links

*
Alfred Escher Foundation

Digital edition of Alfred Escher's correspondence

Alfred Escher Superman
(Documentary 2007, German) {{DEFAULTSORT:Escher, Alfred 1819 births 1882 deaths Politicians from Zürich Businesspeople from Zürich Swiss Calvinist and Reformed Christians Members of the National Council (Switzerland) Presidents of the National Council (Switzerland) Swiss railway pioneers Swiss railway entrepreneurs Credit Suisse people 19th-century Swiss businesspeople 19th-century Swiss politicians Swiss Life