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Encyclopedia > James Boorman Colgate

James Boorman Colgate (1818-1904) was an American financier. He was born in New York City and received his first training in the house of Boorman, Johnston, and Company. He later established the banking house of Trevor and Colgate, afterward known as J. B. Colgate and Company. His extensive loans to the federal government during the financial crisis of 1873 contributed materially to the reëstablishment of confidence both in the United States and the markets of Europe. He was one of the founders of the New York Gold Exchange and was for several years its president. As trustee of Colgate (formerly Madison) University, he for 30 years made almost annual donations to that institution, the development of which is due chiefly to his constant care and valuable advice. [1] Financier (IPA: /ËŒfi nãn ˈsjei/) is an elegant term for a person who handles large sums of money, usually involving money lending, financing projects, large-scale investing, or large-scale money management. ... New York, New York and NYC redirect here. ... Run on the Fourth National Bank, No. ... For other uses, see Europe (disambiguation). ... Colgate in fall. ...

This article about an American businessperson born in the 1810s is a stub. You can help Wikipedia by expanding it.


 

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