Samuel Ward (banker)
Encyclopedia
Samuel Ward was a United States
banker.
. The father was a soldier in the Continental Army
during the American Revolutionary War
, and a merchant afterwards. The son received a common school education, entered a banking house
as clerk
, and in 1808 was taken into partnership, continuing a member of the firm of Prime, Ward and King until his death. In 1838 he secured through the Bank of England
a loan of nearly $5,000,000 to enable the banks to resume specie payments, and established the Bank of Commerce, becoming its president. He was a founder of the University of the City of New York and of the New York Temperance Society, of which he was the first president, and was active in organizing mission churches, a patron of many charities, and the giver of large sums in aid of Protestant Episcopal Churches and colleges in the west.
, January 5, 1796; died in New York City
, November 9, 1824). She was a sister of Rev. Benjamin Clarke Cutler, and, through her mother, a grandniece of Francis Marion
. She was a poet, and one of her poems is preserved in Rufus W. Griswold's Female Poets of America (Philadelphia, 1848). Among their children were lobbyist Samuel Cutler Ward
and poet Julia Ward Howe
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
banker.
Biography
His father was also named Samuel WardSamuel Ward, Jr.
Samuel Ward, Jr. was an American Revolutionary War soldier and delegate to the secessionist Hartford Convention.-Biography:Ward was born in Westerly, Rhode Island on November 17, 1756 as the fifth child of founding trustee of Brown University, Continental Congress delegate and colonial governor of...
. The father was a soldier in the Continental Army
Continental Army
The Continental Army was formed after the outbreak of the American Revolutionary War by the colonies that became the United States of America. Established by a resolution of the Continental Congress on June 14, 1775, it was created to coordinate the military efforts of the Thirteen Colonies in...
during the American Revolutionary War
American Revolutionary War
The American Revolutionary War , the American War of Independence, or simply the Revolutionary War, began as a war between the Kingdom of Great Britain and thirteen British colonies in North America, and ended in a global war between several European great powers.The war was the result of the...
, and a merchant afterwards. The son received a common school education, entered a banking house
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
as clerk
Clerk
Clerk, the vocational title, commonly refers to a white-collar worker who conducts general office or, in some instances, sales tasks. It is also occasionally used to refer to third-year medical students completing a medical clerkship. The responsibilities of clerical workers commonly include record...
, and in 1808 was taken into partnership, continuing a member of the firm of Prime, Ward and King until his death. In 1838 he secured through the Bank of England
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...
a loan of nearly $5,000,000 to enable the banks to resume specie payments, and established the Bank of Commerce, becoming its president. He was a founder of the University of the City of New York and of the New York Temperance Society, of which he was the first president, and was active in organizing mission churches, a patron of many charities, and the giver of large sums in aid of Protestant Episcopal Churches and colleges in the west.
Family
In October 1812, he married Julia Rush Cutler (born in BostonBoston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
, January 5, 1796; died in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, November 9, 1824). She was a sister of Rev. Benjamin Clarke Cutler, and, through her mother, a grandniece of Francis Marion
Francis Marion
Francis Marion was a military officer who served in the American Revolutionary War. Acting with Continental Army and South Carolina militia commissions, he was a persistent adversary of the British in their occupation of South Carolina in 1780 and 1781, even after the Continental Army was driven...
. She was a poet, and one of her poems is preserved in Rufus W. Griswold's Female Poets of America (Philadelphia, 1848). Among their children were lobbyist Samuel Cutler Ward
Samuel Cutler Ward
Samuel Ward , was a poet, author, and gourmet, and in the years after the Civil War he was widely known as the "King of the Lobby." He combined delicious food, fine wines, and good conversation to create a new type of lobbying in Washington, DC—social lobbying—over which he reigned for...
and poet Julia Ward Howe
Julia Ward Howe
Julia Ward Howe was a prominent American abolitionist, social activist, and poet, most famous as the author of "The Battle Hymn of the Republic".-Biography:...
.