The American Banker in Paris

The American Banker in Paris PDF

Author: Karl K. Taylor

Publisher: Dorrance Publishing

Published: 2023-09-18

Total Pages: 314

ISBN-13:

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About the Book The life of Nelson Dean Jay is an opus sized adventure of the unknown banker who lived in Paris and influenced the powerful people of Europe as well as world events. During the Roaring Twenties in Paris, he was a friend of Ernest Hemingway, Coco Chanel, and Gertrude Stein. Jay was described in the New York Times as “one of the most civilized and authentic Americans in Paris.” The German Gestapo busted into his office to close down his bank. He was the only American bank to remain open in occupied Paris during the war. DEAN JAY, NOT J.P. MORGAN, WILL ACT ON GERMAN REPARATIONS. New York Times January 15, 1929. Jay was a member of the welcoming party for Charles Lindbergh when he made the first transatlantic flight—New York to Paris. Later he criticized Lindbergh to his face, suggesting that he consider his views carefully. Was Dean Jay a spy? Probably not, but everyone sought his advice. From presidents to popes to dictators. He was an informant who provided information to those who needed and used it. He met his wife, Anne, on a blind date and that night he told her “I’m going to marry you.” And he did. The marriage lasted sixty years. Jay helped provide the money for the work of his friend, Nobel Prize winner Madame Marie Curie, who laid the foundation for modern oncology Dean and Anne Jay were people of substance and seriousness of purpose. You knew they were people to be heard and heeded. Both stood very erect with an unassuming, easy dignity of bearing. They were well above the average height and would have been described as “tall.” Both had what we might then have called “fine figures” with reasonably broad shoulders and trim waists. Add for her a full bust. About the Author WILLIAM D. “BILL” ENGELBRECHT discovered his love of writing as a sophomore in college when he won the William Randolph Hearst Award for writing at the University of Illinois. Upon completing his Masters’s Degree he spent the next twenty-six years in the creative, imaginative world of the Leo Burnett Company, eventually serving as an Executive Vice President. Along the way, he started a newspaper, magazine and radio station. He served on the faculty of Bradley University and became one of its Vice Presidents. His advocacy for education eventually led him to be named the Chairman of the Board of Trustees of the University of Illinois. Bill resides in Peoria, Illinois with his wife, Helen. KARL K. TAYLOR is the consummate writer. He earned his Ph.D. in English from the University of Illinois with an emphasis on writing and published his work in a number of prestigious academic journals. He spent over twenty years teaching the art of writing and has written three books on how to write. He has also been on the staff of Bradley University. With his Midwestern roots, Karl also had a blog featured essays of average people from small towns who do extraordinary things. Karl received his BA degree from Knox College. Karl lives in Washington, Illinois, close to his family.

America's Bank

America's Bank PDF

Author: Roger Lowenstein

Publisher: Penguin

Published: 2016-10-18

Total Pages: 370

ISBN-13: 0143109847

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A tour de force of historical reportage, America’s Bank illuminates the tumultuous era and remarkable personalities that spurred the unlikely birth of America’s modern central bank, the Federal Reserve. Today, the Fed is the bedrock of the financial landscape, yet the fight to create it was so protracted and divisive that it seems a small miracle that it was ever established. For nearly a century, America, alone among developed nations, refused to consider any central or organizing agency in its financial system. Americans’ mistrust of big government and of big banks—a legacy of the country’s Jeffersonian, small-government traditions—was so widespread that modernizing reform was deemed impossible. Each bank was left to stand on its own, with no central reserve or lender of last resort. The real-world consequences of this chaotic and provincial system were frequent financial panics, bank runs, money shortages, and depressions. By the first decade of the twentieth century, it had become plain that the outmoded banking system was ill equipped to finance America’s burgeoning industry. But political will for reform was lacking. It took an economic meltdown, a high-level tour of Europe, and—improbably—a conspiratorial effort by vilified captains of Wall Street to overcome popular resistance. Finally, in 1913, Congress conceived a federalist and quintessentially American solution to the conflict that had divided bankers, farmers, populists, and ordinary Americans, and enacted the landmark Federal Reserve Act. Roger Lowenstein—acclaimed financial journalist and bestselling author of When Genius Failed and The End of Wall Street—tells the drama-laden story of how America created the Federal Reserve, thereby taking its first steps onto the world stage as a global financial power. America’s Bank showcases Lowenstein at his very finest: illuminating complex financial and political issues with striking clarity, infusing the debates of our past with all the gripping immediacy of today, and painting unforgettable portraits of Gilded Age bankers, presidents, and politicians. Lowenstein focuses on the four men at the heart of the struggle to create the Federal Reserve. These were Paul Warburg, a refined, German-born financier, recently relocated to New York, who was horrified by the primitive condition of America’s finances; Rhode Island’s Nelson W. Aldrich, the reigning power broker in the U.S. Senate and an archetypal Gilded Age legislator; Carter Glass, the ambitious, if then little-known, Virginia congressman who chaired the House Banking Committee at a crucial moment of political transition; and President Woodrow Wilson, the academician-turned-progressive-politician who forced Glass to reconcile his deep-seated differences with bankers and accept the principle (anathema to southern Democrats) of federal control. Weaving together a raucous era in American politics with a storied financial crisis and intrigue at the highest levels of Washington and Wall Street, Lowenstein brings the beginnings of one of the country’s most crucial institutions to vivid and unforgettable life. Readers of this gripping historical narrative will wonder whether they’re reading about one hundred years ago or the still-seething conflicts that mark our discussions of banking and politics today.

The History of the American Pro-Cathedral of the Holy Trinity, Paris (1815-1980)

The History of the American Pro-Cathedral of the Holy Trinity, Paris (1815-1980) PDF

Author: Cameron Allen

Publisher: iUniverse

Published: 2013-07-01

Total Pages: 875

ISBN-13: 1475937814

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Nestled in the heart of Paris, the American Cathedral of the Holy Trinity today stands as one of the great buildings of this ancient city. The history of the church itself presents a rich portrait of lively men and women who made it their mission to serve God and the people of Paris with all their hearts. Meticulously researched, A History of the American Pro-Cathedral Church of the Holy Trinity, Paris, 18151980 delivers an impressive narrative on each period of growth and development within this church. Beginning with the American Episcopal Churchs need to serve Americans living in Paris, author Cameron Allen traces the development of the foundational congregation, the building of the first church, and its organization over the years. Allen draws on diary entries, church documents, and other primary sources to reveal the personalities behind church leaders, including W. O. Lamson, who formally established the church, the pivotal role of J. P. Morgan, organist L. K. Whipp, and German Colonel Rudolf Damrath, a Lutheran minister who took over during the German Occupation of France during World War II. In addition, he discusses the churchs role during major historical events and its present needs. This inspiring, well-written history provides an excellent resource for current and past church members, rectory libraries, and historians.