Charles E. Adams
Encyclopedia
Charles Edward Adams was an industrialist and a director of the Federal Reserve Bank of New York
.
. He graduated from St. Paul's School
and Yale
with an A.B. in 1904, where he was a member of Skull and Bones
. After his graduation he spent three years as secretary to the banker Robert C. Pruyn
. In 1907 he entered the brokerage firm F. S. Butterworth & Co., then moved to Callaway Fish & Co. in 1910. He briefly joined Foster & Adams and became treasurer of the Air Reduction Co. in 1918. He rose through the ranks of the company, eventually becoming chairman in 1937. Adams served on the boards of a number of companies, including the United States Industrial Alcohol Company
, Pur Carbonic, Inc., Dry Ice, Inc., the Cuban Air Products Corp. and served as a trustee for Mutual Life. The highest point in his career came when he was made a director of the Federal Reserve Bank of New York
. During World War II
Adams held several positions within the government. In 1940 he consulted the Council of National Defense
on industrial materials. He served on the National Defense Mediation Board and headed the iron and steel branch of the War Production Board.
His father, Charles Frederick Adams was a bank manager and his daughter, Phyllis Adams was a producer with NBC. He was a member of Alpha Delta Phi
, Chemists' Club of New York, the Cloud Club of New York, Down Town Association
, Skull and Bones
, The Links Club of New York, Union Club of New York and the Uptown Club of New York City.
He died on 27 January 1957.
Federal Reserve Bank of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,...
.
Biography
He was born on 29 October 1881 in Toledo, OhioToledo, Ohio
Toledo is the fourth most populous city in the U.S. state of Ohio and is the county seat of Lucas County. Toledo is in northwest Ohio, on the western end of Lake Erie, and borders the State of Michigan...
. He graduated from St. Paul's School
St. Paul's School (Concord, New Hampshire)
St. Paul's School is a highly selective college-preparatory, coeducational boarding school in Concord, New Hampshire affiliated with the Episcopal Church. The school is one of only six remaining 100% residential boarding schools in the U.S. The New Hampshire campus currently serves 533 students,...
and Yale
YALE
RapidMiner, formerly YALE , is an environment for machine learning, data mining, text mining, predictive analytics, and business analytics. It is used for research, education, training, rapid prototyping, application development, and industrial applications...
with an A.B. in 1904, where he was a member of Skull and Bones
Skull and Bones
Skull and Bones is an undergraduate senior or secret society at Yale University, New Haven, Connecticut. It is a traditional peer society to Scroll and Key and Wolf's Head, as the three senior class 'landed societies' at Yale....
. After his graduation he spent three years as secretary to the banker Robert C. Pruyn
Robert C. Pruyn
Robert Clarence Pruyn , of Albany, New York, was an influential American inventor, banker, businessman, and politician....
. In 1907 he entered the brokerage firm F. S. Butterworth & Co., then moved to Callaway Fish & Co. in 1910. He briefly joined Foster & Adams and became treasurer of the Air Reduction Co. in 1918. He rose through the ranks of the company, eventually becoming chairman in 1937. Adams served on the boards of a number of companies, including the United States Industrial Alcohol Company
United States Industrial Alcohol Company
United States Industrial Alcohol Company was an alcohol distiller in the United States. Charles Edward Adams, was chairman of the board. In 1919 they were responsible for the Boston Molasses Disaster. 125 lawsuits filed against the company in the aftermath....
, Pur Carbonic, Inc., Dry Ice, Inc., the Cuban Air Products Corp. and served as a trustee for Mutual Life. The highest point in his career came when he was made a director of the Federal Reserve Bank of New York
Federal Reserve Bank of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,...
. During World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
Adams held several positions within the government. In 1940 he consulted the Council of National Defense
Council of National Defense
The Council of National Defense was a United States organization formed during World War I to coordinate resources and industry in support of the war effort, including the coordination of transportation, industrial and farm production, financial support for the war, and public...
on industrial materials. He served on the National Defense Mediation Board and headed the iron and steel branch of the War Production Board.
His father, Charles Frederick Adams was a bank manager and his daughter, Phyllis Adams was a producer with NBC. He was a member of Alpha Delta Phi
Alpha Delta Phi
Alpha Delta Phi is a Greek-letter social college fraternity and the fourth-oldest continuous Greek-letter fraternity in the United States and Canada. Alpha Delta Phi was founded on October 29, 1832 by Samuel Eells at Hamilton College and includes former U.S. Presidents, Chief Justices of the U.S....
, Chemists' Club of New York, the Cloud Club of New York, Down Town Association
Down Town Association
The Down Town Association in the City of New York is a private club in Downtown Manhattan, New York City, New York, USA. Located at 60 Pine Street, is the fifth oldest of all existing New York private clubs, and was the first formed in Lower Manhattan...
, Skull and Bones
Skull and Bones
Skull and Bones is an undergraduate senior or secret society at Yale University, New Haven, Connecticut. It is a traditional peer society to Scroll and Key and Wolf's Head, as the three senior class 'landed societies' at Yale....
, The Links Club of New York, Union Club of New York and the Uptown Club of New York City.
He died on 27 January 1957.