HOME

TheInfoList



OR:

Moses Taylor Pyne (December 21, 1855 – April 22, 1921), was an American financier and philanthropist, and one of
Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...
's greatest benefactors and its most influential trustee.


Biography

The son of Percy Rivington Pyne (1820-1895) and Albertina Shelton Taylor Pyne (1833-1900), Moses Taylor Pyne was born in New York City in 1855, graduated from Princeton in 1877, and Columbia University Law School in 1879. He was general solicitor of the
Delaware, Lackawanna, and Western The Delaware, Lackawanna and Western Railroad (also known as the DL&W or Lackawanna Railroad) was a U.S. Class 1 railroad that connected Buffalo, New York, and Hoboken, New Jersey (and by ferry with New York City), a distance of . Incorporated in ...
Railroad for eleven years before retiring to manage his financial interests, board memberships, and philanthropic activities. Pyne inherited a fortune that had originated in part from the enormous wealth of his grandfather and namesake,
Moses Taylor Moses Taylor (January 11, 1806 – May 23, 1882) was a 19th-century New York merchant and banker and one of the wealthiest men of that century. At his death, his estate was reported to be worth $70 million, or about $ billion in today's dollars. ...
(1806-1882). In partnership with Pyne's father, Percy Rivington Pyne, Moses Taylor earned his initial fortune primarily as commission agent in the Cuban sugar trade providing services to plantation owners in Cuba, which he later parlayed into a large portfolio of financial, railroad, mining, and utility investments. Pyne was heavily involved in the Cuban slave trade, which produced a large portion of his profits. Over the course of his career, Pyne invested three million dollars from slaveholding Cuban planters in American businesses and industries. Pyne decided early on in his life to dedicate himself to advancing the interests of his alma mater, and in 1884 gained a seat on the Board of Trustees of Princeton at age 28. Settling in the town of Princeton, his estate,
Drumthwacket Drumthwacket ( ) is the official residence of the governor of New Jersey. The mansion sits at 354 Stockton Street in Princeton, near the state capital of Trenton. It is one of only four official governor's residences in the country not locat ...
, is now the official residence of the
governor of New Jersey The governor of New Jersey is the head of government of New Jersey. The office of governor is an elected position with a four-year term. There is a two consecutive term term limit, with no limitation on non-consecutive terms. The official res ...
. Pyne's wealth allowed him to focus on his philanthropy and involvement in civic organizations, and the list of organizations in which he was involved speaks to the extent of his generosity and the breadth of his interests. According to historian William Selden:
“Moses Taylor Pyne was a director of four banks, four steel and metal manufacturing companies, one gas company, one insurance company, eight railroads and president of one railroad, two hospitals, two secondary schools, two YMCAs; and a vestryman of four Episcopal churches. He was a member of twenty-five clubs, twelve of which were Princeton University undergraduate eating clubs, as well as president of the Princeton township governing board, a member of the New Jersey Public Library Commission, the first president of the earlier Princeton Historical Association, and president of the board of the first Princeton Inn which he helped to finance and build in 1891 on part of the original Morven property. In fact, for nearly a quarter of a century no enterprise of importance in Princeton would be started without the assurance of endorsement from Moses Taylor Pyne.”
He died on April 22, 1921 in
Princeton, New Jersey Princeton is a municipality with a borough form of government in Mercer County, in the U.S. state of New Jersey. It was established on January 1, 2013, through the consolidation of the Borough of Princeton and Princeton Township, both of whi ...
and was interred at
Princeton Cemetery Princeton Cemetery is located in Princeton, New Jersey, United States. It is owned by the Nassau Presbyterian Church. John F. Hageman in his 1878 history of Princeton, New Jersey refers to the cemetery as "The Westminster Abbey of the United State ...
.


Benefactor of Princeton

The total amount of money that Pyne gave to Princeton, including the University, its students, faculty, and related institutions, is truly incalculable. “The extent of his financial aid to Princeton has never been disclosed. It was known to be very large but the point was one which he never cared to discuss.” He poured an untold amount of money into the general fund, and while Pyne never disclosed how much, “it is known...that for several years he drew his own check to cover the deficit in the university budget.” According to the Princeton Alumni Weekly: Pyne served also as the chairman of the Committee on Grounds and Buildings, and the physical appearance, style and footprint of the Princeton campus are also due to his vision, in advocating for
Collegiate Gothic architecture Collegiate Gothic is an architectural style subgenre of Gothic Revival architecture, popular in the late-19th and early-20th centuries for college and high school buildings in the United States and Canada, and to a certain extent Europ ...
, and generosity, in the form of the hundreds and hundreds of acres that Pyne bought and gave to the University, free of charge: “The choice of the uniform and beautiful architectural style which enriches the and Princeton campus was largely his work. The purchase of large tracts of land, far in advance of any apparent need, came of his faith in Princeton’s future.” In the words of University president John Hibben, “more than any one man he is responsible for the development of what is now so widely known as the Princeton spirit.” The strong connection of alumni to Old Nassau was developed into a lasting force by Pyne, who founded both the Princeton Alumni Association and the
Princeton Alumni Weekly The ''Princeton Alumni Weekly'' (''PAW'') is a magazine published for the alumni of Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New ...
. Many of the other unique and endearing features of the Princeton community can be traced to Momo Pyne, including even the black squirrels that populate the campus, which were introduced by Pyne to add to the unique menagerie at Drumthwacket. Of all the Princeton institutions that were influenced by Moses Taylor Pyne, none were shaped more consistently or decisively than the upperclass eating clubs of Prospect Avenue, whose origin, growth and survival was ensured by the patronage of "Momo" Pyne. Pyne believed that permanent eating clubs established in their own clubhouses was the key to stabilizing the social life of campus, and he provided generous loans and architectural advice to help this process along. He had a documented role in the establishment of
Ivy Club The Ivy Club, often simply Ivy, is the oldest eating club at Princeton University, and it is "still considered the most prestigious" by its members. It was founded in 1879 with Arthur Hawley Scribner as its first head. Ivy is one of the "Big Four ...
,
Cap and Gown Club Cap and Gown Club, founded in 1890, is an eating club at Princeton University, in Princeton, New Jersey, United States. Colloquially known as "Cap", the club is one of the "Big Four" eating clubs at Princeton (the others are The Ivy Club, Unive ...
, Elm Club,
Campus Club Campus Club was one of the undergraduate eating clubs at Princeton University The eating clubs at Princeton University are private institutions resembling both dining halls and social houses, where the majority of Princeton upperclassmen eat t ...
, Cloister Inn and Tower Club, and many others, as demonstrated by the fact that he was made an honorary member of twelve out of the fourteen eating clubs in existence at Princeton in 1907.


Other Interests: Racial Improvement

Beyond shaping the campus to remind Princeton's students of their English heritage, Pyne expressed his views on Anglo-Saxon racial superiority by joining other intellectuals with similar views. One of those whom Pyne befriended, collaborated, promoted, and supported was
Madison Grant Madison Grant (November 19, 1865 – May 30, 1937) was an American lawyer, zoologist, anthropologist, and writer known primarily for his work as a eugenicist and conservationist, and as an advocate of scientific racism. Grant is less noted f ...
, an eminent conservationist and one of the principal advocates of now-discredited “scientific” racism. Grant's book, '' Passing of the Great Race'' ''or The Racial Basis of European History'' (1916), exalted “Nordics” (including Anglo-Saxons) as naturally dominant over and superior to all other human races. The book warned of the impending extinction of Anglo-Saxons from mongrelization by inferior races unless they were to be protected by selective breeding, including eliminating "defective" infants, sterilizing "defective" adults, and forbidding entry into the United States of "genetically inferior immigrants." Grant thanked Pyne in the introductions to each of the editions for having reviewed and commented on drafts of the book by acknowledging his indebtedness to “M. Taylor Pyne” for ”assistance and many suggestions.” That Pyne's assistance was acknowledged in multiple editions of Grant's ''Passing of the Great Race'' evidenced the level of mutual respect each held for the other's ideas. Pyne's endorsement of Grant's racist ideas is also evidenced by his funding of the Galton Society for the Study of the Origin and Evolution of Man.  Founded in 1918 by Grant,
Henry Fairfield Osborn Henry Fairfield Osborn, Sr. (August 8, 1857 – November 6, 1935) was an American paleontologist, geologist and eugenics advocate. He was the president of the American Museum of Natural History for 25 years and a cofounder of the American Euge ...
(Pyne's Princeton classmate and close friend), and the eugenicist
Charles Davenport Charles Benedict Davenport (June 1, 1866 – February 18, 1944) was a biologist and eugenicist influential in the American eugenics movement. Early life and education Davenport was born in Stamford, Connecticut, to Amzi Benedict Davenport, a ...
, the Galton Society was created to attract selected "scholars" to the study of "racial anthropology."  Eugenics theories espoused by the Galton Society were supported by many contemporary politicians, intellectuals, and academics.   However, the theories were increasingly challenged in the United States and ultimately debunked and labeled dangerous.  Nevertheless, they continued to draw an appreciative audience in Nazi Germany.  


Legacy

When he died in 1921, the Wall Street Journal wrote the following in his obituary: Pyne served for thirty-six years on the
Board of Trustees A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
and he did not miss a single meeting. He died in 1921 and is buried on "President's Row" in the
Princeton Cemetery Princeton Cemetery is located in Princeton, New Jersey, United States. It is owned by the Nassau Presbyterian Church. John F. Hageman in his 1878 history of Princeton, New Jersey refers to the cemetery as "The Westminster Abbey of the United State ...
. On the day of his funeral, "the whole community joined in tribute. University activities were suspended and all business stopped on Nassau Street. After the services at Drumthwacket the funeral cortege drove slowly through the grounds of the Graduate College, past the site of the Pyne Dormitory, by Upper and Lower Pyne, to the
FitzRandolph Gateway FitzRandolph Gate is a wrought-iron structure that serves as the official entrance of Princeton University, standing in front of Nassau Hall on Nassau Street in Princeton, New Jersey. The gate was funded by a bequest of Augustus Van Wickle in h ...
where it entered the Campus. To the tolling of the Nassau Hall bell the procession passed through a student guard of honor to the steps of Nassau Hall, then westward around the rear of the building, and through the arches of Pyne Library, and then back to Nassau Street. After the procession left the Campus, the students walked down Witherspoon Street in a body to the cemetery where they encircled the grave and awaited the arrival of the cortege." During his last illness, the Trustees voted to name the under-construction dormitory Pyne Hall to honor his services. In addition to the buildings and endowed professorships that bear his name, the University has established in his honor the Moses Taylor Pyne Honor Prize, usually referred to as the "Pyne Prize", which is the "highest general distinction conferred on an undergraduate." Pyne's portrait hangs in Procter Hall of Princeton's Graduate College.


References


Further reading

*''Moses Taylor Pyne's Will'', The New York Times, August 19, 1921 * Selden, William K. Club Life at Princeton : An Historical Account of the Eating Clubs at Princeton University. Princeton, N.J.: Princeton Prospect Foundation, 1994. * Annin, Robert Edwards and William Starr Myers. Woodrow Wilson; a Character Study. New York: Dodd, Mead and Company, 1924. * Bragdon, Henry Wilkinson. Woodrow Wilson : The Academic Years. Cambridge, MA: Belknap Press of Harvard University Press, 1967.


External links


Findagrave: Moses Taylor Pyne
* ttp://etcweb.princeton.edu/CampusWWW/Companion/pyne_moses.html "Pyne, Moses Taylor" from ''A Princeton Companion'', Princeton Campus Web
''Woodrow Wilson, Moses Taylor Pyne and the Second Battle of Princeton'' by T. Wyatt Yankus
{{DEFAULTSORT:Pyne, Moses Taylor 1855 births 1921 deaths Philanthropists from New York (state) People from Princeton, New Jersey Princeton University alumni Burials at Princeton Cemetery Businesspeople from New York City Pyne banking family Rivington family