Thomas W. Lamont

	Email		Print
	Bookmark		Link

Thomas W. Lamont

Thomas William Lamont, Jr. (September 30 1870 – February 2 1948) was an American

United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
banker.

Lamont was born in Claverack, New York

Claverack, New York

Claverack is a town in Columbia County, New York, New York, United States. The population was 6,401 at the 2000 census. The town name is a corruption for the Dutch word for "Clover Fields" or "Clover Reach"....
. He graduated from Phillips Exeter Academy

Phillips Exeter Academy

Phillips Exeter Academy is a co-educational independent boarding school for grades 9?12 and postgraduates, located on in Exeter, New Hampshire, United States, north of Boston....
in 1888 and earned his degree from Harvard University

Harvard University

Harvard University is a private university in Cambridge, Massachusetts, Massachusetts, United States, and a member of the Ivy League. Founded in 1636 by the colonial Massachusetts legislature, Harvard is the Colonial Colleges institution of higher learning in the United States....
in 1892. He became a generous benefactor of the school once he had amassed a fortune, notably funding the building of Lamont Library.

Discussion

Ask a question about 'Thomas W. Lamont'

Start a new discussion about 'Thomas W. Lamont'

Answer questions from other users

Full Discussion Forum

Encyclopedia

Thomas William Lamont, Jr. (September 30 1870 – February 2 1948) was an American

United States

Claverack, New York

Phillips Exeter Academy

Harvard University

J.P. Morgan & Co.

J.P. Morgan & Co. was a commercial banking and investment banking institution based in the United States founded by J. Pierpont Morgan and commonly known as the House of Morgan or simply Morgan....
, and served as a U.S. financial advisor abroad in the 1920s and 1930s. During the 1919 Paris negotiations

Paris Peace Conference, 1919

The Paris Peace Conference was the meeting of the Allied victors in World War I to set the peace terms for Germany and other defeated nations, and to deal with the empires of the defeated powers following the Armistice of 1918....
leading up to the Treaty of Versailles

Treaty of Versailles

The Treaty of Versailles was one of the peace treaty at the end of World War I. It ended the declaration of war between German Empire and Allies of World War I....
, Lamont was selected as one of two representatives of the United States Department of the Treasury

United States Department of the Treasury

The Department of the Treasury is an United States federal executive departments and the treasury of the United States Federal government of the United States....
on the American delegation.

Lamont later undertook a semiofficial mission to Japan in 1920 to protect American financial issues in Asia. He however did not aggressively challenge Japanese efforts to build a sphere of influence in Manchuria

Manchuria

Manchuria is a historical name given to a vast geographic region in northeast Asia. Depending on the definition of its extent, Manchuria either falls entirely within People's Republic of China, or is divided between China and Russia....
.

In 1926, Lamont, self-described as "something like a missionary" for Italian fascism

Italian Fascism

The term Italian Fascism denotes the Authoritarianism Nationalism Fascismo political movement that ruled Kingdom of Italy from 1922 until 1943 under leader Benito Mussolini....
, secured a $100 million loan for Benito Mussolini

Benito Mussolini

Benito Amilcare Andrea Mussolini, Order of the Bath Sovereign Military Order of Malta Order of the Tower and Sword was an Italy politician who led the National Fascist Party and is credited with being one of the key figures in the creation of Fascism....
.

On Black Tuesday in 1929, he was acting head of J.P. Morgan & Co. He tried to inject confidence back into the stock market

Stock market

A stock market, or equity market, is a private or public Market system for the trade of Corporation stock and Derivative s of company stock at an agreed price; these are security listed on a stock exchange as well as those only traded privately....
through massive purchases of blue chip

Blue chip

A blue chip stock is the stock of a well-established corporation having stable earnings and no extensive liability. The term derives from casinos, where blue chips stand for counters of the highest value....
stocks. Following the reorganization of J.P. Morgan & Co. in 1943, Lamont was elected chairman of the board of directors.

At the end of World War II

World War II

World War II, or the Second World War , was a global military conflict which involved a Participants in World War II, including all of the great powers, organised into two opposing military alliances: the Allies of World War II and the Axis powers....
, he made a very substantial donation toward restoring Canterbury Cathedral

Canterbury Cathedral

Canterbury Cathedral in Canterbury, Kent, is one of the oldest and most famous Christianity structures in England and forms part of a World Heritage Site....
in England

England

native_name =|conventional_long_name = England|common_name = England|image_flag = Flag of England.svg|image_coat = England COA.svg|symbol_type = Royal Coat of Arms...
. His widow, Florence Haskell Corliss (whom he had married on October 31, 1895) donated Torrey Cliff, their weekend residence overlooking the Hudson River

Hudson River

The Hudson River, called Muh-he-kun-ne-tuk , the Great Mohegan by the Iroquois, or as the Lenape Native Americans called it in Unami, Muhheakantuck, is a river that flows from north to south through eastern New York....
in Palisades, New York

Palisades, New York

Palisades, formerly known as Sneden's Landing and then Rockland, is a Political subdivisions of New York State#Hamlet in the Orangetown, New York Rockland County, New York, New York, United States located north of Rockleigh, New Jersey and Alpine, New Jersey; east of Tappan, New York; south of Sparkill, New York and west of the Hudson River....
, to Columbia University

Columbia University

Columbia University in the City of New York , is a private university in the United States and a member of the Ivy League. Columbia's main campus lies in the Morningside Heights, Manhattan neighborhood in the borough of Manhattan, in New York City....
. It is now the site of the Lamont-Doherty Earth Observatory

Lamont-Doherty Earth Observatory

The Lamont-Doherty Earth Observatory is a research specializing in the Earth sciences and is part of Columbia University. The current director of LDEO is G....
.

Lamont died in Boca Grande, Florida

Boca Grande, Florida

Boca Grande is a small residential community on Gasparilla Island, southwest Florida. Gasparilla Island is a part of both Charlotte County, Florida and Lee County, Florida Counties, while the actual village of Boca Grande, which is home to many seasonal and year-round residents, is entirely in the Lee County portion of the island....
, in 1948. His son, Corliss

Corliss Lamont

Corliss Lamont , was a socialist philosopher, and advocate of various left-wing and civil liberties causes. He is the great-uncle of 2006 Democratic Party nominee for the United States Senate from Connecticut, Ned Lamont....
, was a philosophy professor at Columbia University

Columbia University

Columbia University in the City of New York , is a private university in the United States and a member of the Ivy League. Columbia's main campus lies in the Morningside Heights, Manhattan neighborhood in the borough of Manhattan, in New York City....
and an avowed socialist. Another son, Thomas Stilwell Lamont, was later vice-chairman of Morgan Guaranty Trust

J.P. Morgan & Co.

J.P. Morgan & Co. was a commercial banking and investment banking institution based in the United States founded by J. Pierpont Morgan and commonly known as the House of Morgan or simply Morgan....
and a fellow of the Harvard Corporation. His great-grandson, Ned Lamont

Ned Lamont

Edward Miner "Ned" Lamont, Jr. was the unsuccessful Democratic Party nominee for the United States Senate in the Connecticut United States Senate election, 2006 held on on November 7 2006....
, was the Democratic

Democratic Party (United States)

The Democratic Party is one of two major party contemporary political parties in the United States, along with the Republican Party . It is the oldest political party in continuous operation in the United States and it is one of the oldest parties in the world....
nominee for U.S. Senate

United States Senate

The United States Senate is the upper house of the Bicameralism United States Congress, the lower house being the United States House of Representatives....
from Connecticut

Connecticut

Connecticut is a U.S. state located in the New England region of the northeastern United States. The state borders New York to the west and south , Massachusetts to the north, and Rhode Island to the east....
in 2006.