Johann Heinrich Schröder (12 December 1784 – 28 June 1883) was a member of the

Hanseatic The Hanseatic League was a Middle Ages, medieval commercial and defensive network of merchant guilds and market towns in Central Europe, Central and Northern Europe, Northern Europe. Growing from a few Northern Germany, North German towns in the ...

Schröder family The Schröder family is a Hanseaten (class), Hanseatic family of Hamburg, that is, a family that belonged to the historical ruling class of grand burghers (also known more broadly in English as patrician (post-Roman Europe), patricians) of the c ...

Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...

, who settled in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

and founded

Schroders Schroders plc is a British multinational asset management company headquartered in London, England. Founded in 1804, it employs over 6,000 people worldwide in 38 locations around Europe, America, Asia, Africa and the Middle East. It is traded on ...

, one of the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

's largest

investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

Early life

Schröder was born on 12 December 1784 in Hamburg to the prominent merchant (and First Mayor of Hamburg) Christian Matthias Schröder and his wife, Luise Mutzenbecher, from the notable Mutzenbecher family. Schröder's family was

Lutheran Lutheranism is a major branch of Protestantism that emerged under the work of Martin Luther, the 16th-century German friar and Protestant Reformers, reformer whose efforts to reform the theology and practices of the Catholic Church launched ...

Career

Having been admitted to his older brother's firm, ''J. F. Schröder & Co.'', at the age of 16, Johann Heinrich Schröder (John Henry Schröder) learnt about acting as principal in the shipping of commodities such as

sugar Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose Glucose is a sugar with the Chemical formula#Molecular formula, molecul ...

and about acting as an

acceptor Acceptor may refer to: * Acceptor (accounting), the addressee of a bill of exchange * In the Indian Contract Act of 1872, the acceptor is the person to whom a proposal is made, and who has communicated his or her acceptance of the said proposal * ...

of bills of exchange from an early age. He then went on to form his own firms: '' J. Henry Schröder & Co.'' in

in 1818 and ''J. H. Schröder & Co.'' in

in 1819. In 1829 John Henry was appointed

Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...

n Vice-consul in

and this enabled him to establish expertise in exporting commodities to

. The London firm shipped

indigo InterGlobe Aviation Limited (d/b/a IndiGo), is an India, Indian airline headquartered in Gurgaon, Haryana, India. It is the largest List of airlines of India, airline in India by passengers carried and fleet size, with a 64.1% domestic market ...

and

St Petersburg Saint Petersburg, formerly known as Petrograd and later Leningrad, is the List of cities and towns in Russia by population, second-largest city in Russia after Moscow. It is situated on the Neva, River Neva, at the head of the Gulf of Finland ...

while the Hamburg firm shipped

coffee Coffee is a beverage brewed from roasted, ground coffee beans. Darkly colored, bitter, and slightly acidic, coffee has a stimulating effect on humans, primarily due to its caffeine content, but decaffeinated coffee is also commercially a ...

and

. In 1839 he established a third firm,'' J. H. Schröder & Co.'', in

Liverpool Liverpool is a port City status in the United Kingdom, city and metropolitan borough in Merseyside, England. It is situated on the eastern side of the River Mersey, Mersey Estuary, near the Irish Sea, north-west of London. With a population ...

, receiving

consignment Consignment is a process whereby a person gives permission to another party to take care of their property while retaining full ownership of the property until the item is sold to the final buyer. It is generally done during auctions, shipping, ...

s of cotton from the Southern States of America. By the 1840s he was one of the

's leading guarantors of bills of exchange relating to textile shipments. He retired from the business in 1849 aged 65 and retired to his country estate at Gross Schwansee in

Mecklenburg Mecklenburg (; ) is a historical region in northern Germany comprising the western and larger part of the federal-state Mecklenburg-Western Pomerania. The largest cities of the region are Rostock, Schwerin, Neubrandenburg, Wismar and Güstrow. ...

( Kalkhorst) which he had bought in 1846. In retirement, he established a home for the elderly known as the ''Schröder Stiftung'', and in 1868 he was made a

Prussia Prussia (; ; Old Prussian: ''Prūsija'') was a Germans, German state centred on the North European Plain that originated from the 1525 secularization of the Prussia (region), Prussian part of the State of the Teutonic Order. For centuries, ...

n ''

Freiherr (; male, abbreviated as ), (; his wife, abbreviated as , ) and (, his unmarried daughters and maiden aunts) are designations used as titles of nobility in the German-speaking areas of the Holy Roman Empire, the Austro-Hungarian Empire and in ...

'' with the title of Baron Johann Heinrich von Schröder.

Family

Schröder married Henriette von Schwartz in 1819. Together, they had three sons and six daughters.Roberts, Richard page 42 His son John Henry William Schroder was also a banker and helped to expand the firm started by his father.

References

External links

{{DEFAULTSORT:Schroder, Johann Heinrich 1784 births 1883 deaths Grand burghers of Hamburg German emigrants to the United Kingdom German Lutherans 19th-century Lutherans 18th-century businesspeople from the Holy Roman Empire

Early life

Career

Family

References

Further reading

External links