Joseph Herbert Tritton
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Joseph Herbert Tritton (a.k.a. J. Herbert Tritton) (1844–1923) was an English banker.


Early life

Joseph Herbert Tritton was born on 5 September 1844 at Olney Lodge, in
Battersea Battersea is a large district in south London, part of the London Borough of Wandsworth, England. It is centred southwest of Charing Cross and extends along the south bank of the River Thames. It includes the Battersea Park. History Batter ...
, then in
Surrey Surrey () is a ceremonial and non-metropolitan county in South East England, bordering Greater London to the south west. Surrey has a large rural area, and several significant urban areas which form part of the Greater London Built-up Area. ...
(now
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
).Jessie Campbell
Tritton, Joseph Herbert (1844-1923), banker
''Oxford Index'', September 2004
His father, Joseph Tritton (1819–1887), was a Quaker banker. His mother was Amelia Hanson, the daughter of Joseph Hanson of
Brixton Brixton is a district in south London, part of the London Borough of Lambeth, England. The area is identified in the London Plan as one of 35 major centres in Greater London. Brixton experienced a rapid rise in population during the 19th ce ...
. He was educated at
Windlesham House School Windlesham House School is an independent boarding and day school for boys and girls aged 4 to 13 on the South Downs, in Pulborough, West Sussex, England. It was founded in 1837 by Charles Robert Malden and was the first boys' preparatory school ...
and
Rugby School Rugby School is a public school (English independent boarding school for pupils aged 13–18) in Rugby, Warwickshire, England. Founded in 1567 as a free grammar school for local boys, it is one of the oldest independent schools in Britain. Up ...
. He then went to work for the bank Barclay, Bevan, Tritton & Co., where his father was a partner. After some time he chose to make a trip abroad instead of going to university.


Career

After working for only five years, Tritton became a partner in Barclay, Bevan, Tritton & Co. When it became known as
Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
, he served on its board of directors, retiring as a director in 1918. Tritton was a co-founder of the
Institute of Bankers The London Institute of Banking & Finance is the oldest training and professional body for banking and financial services in England and Wales, and works internationally with partners to establish ethical and professional standards across the ...
and served as its President twice. The institute worked in educating bankers, and in standardizing their way of working. Tritton also served on the Council of Foreign Bondholders and was the honorary secretary of the London Clearing Bankers. Tritton was involved in founding the London Chamber of Commerce in 1882. He also became its president. Tritton served as the Chairman of the Indo-European Telegraph Company (now Siemens Communications). Triton was also chairman of the
General Steam Navigation Company The General Steam Navigation Company (GSN), incorporated in 1824, was London's foremost short sea shipping line for almost 150 years. It was the oldest shipping company in the world to begin business with seagoing steam vessels. Foundation ...
(GSN). He was elected at age 30 in 1874, with little experience of the shipping business. He began his chairmanship with bold moves to double the company's capital, and to modernize its fleet. His chairmanship ended with his forced resignation after the company had come close to financial collapse in 1892. However respected Tritton might later become as a banker, at least with regard to GSN, he failed as an entrepreneur. On the other hand, his successor Richard White was a successful entrepreneur. In Tritton's obituary, his chairmanship of GSN was not mentioned.


Philanthropy

Tritton was elected as a Fellow of the
Royal Society of Arts The Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA), also known as the Royal Society of Arts, is a London-based organisation committed to finding practical solutions to social challenges. The RSA acronym is used m ...
in 1890. He was a recipient of the Order of the Lion and the Sun.


Religious life

Tritton was a devout Christian and a speaker at the biggest international Protestant conference to date in London, 1888. He spoke of Paul's the apostle's words whose conviction led him to say that he was a man indebted to the world (Romans 1:14:"I am obligated both to Greeks and non-Greeks, both to the wise and the foolish"). Likewise, so Tritton, Christians ought approach ministry and missions with the same attitude and use commerce as a means of propagating Christ-like values. Commerce and Missions are to cooperate and pay off the debt of love to the world.


Personal life

On 17 June 1867, he married Lucy Jane Smith, the daughter of Henry Abel Smith (1826–1890) of Wilford, Nottingham, a banker with interests in Lincoln and Nottingham. They had five sons and four daughters. *
Herbert Leslie Melville Tritton Major Herbert Leslie Melville Tritton (1870-1940), was a British banker. Early life Herbert Leslie Melville Tritton was born 20 December 1870. He was the son of the banker Joseph Herbert Tritton. Career Tritton was the president of The Equitable ...
(1870–1940), married Gertrude Susan Gosset * Alan George Tritton (1882–1914), Captain, 3rd Bn, Coldstream Guards, died in World War I


Family history

J. Herbert Tritton's family history ''Tritton: the Place and the Family'' (with an elaborate pedigree) was published in 1907. Then book contains some entertaining correspondence.


Death

Tritton died at his home,
Lyons Hall Lyons Hall may refer to: * Lyons Hall, Essex, a historic manor in Essex *Lyons Hall (University of Notre Dame), a residence hall at the University of Notre Dame See also *Lyonshall Lyonshall is a historic village and civil parish in Hereford ...
, in
Great Leighs Great Leighs is a village and former civil parish, now in the parish of Great and Little Leighs, in the Chelmsford district of Essex, England, halfway between Chelmsford itself and Braintree. In 1931 the parish had a population of 728. History ...
, Essex on 11 September 1923.


References


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Bibliography

* * * * * * {{DEFAULTSORT:Tritton, Joseph Herbert 1844 births 1923 deaths English bankers British corporate directors Barclays people Joseph Herbert People from Battersea People educated at Rugby School People from Great Leighs People educated at Windlesham House School