DREXEL, ANTHONY JOSEPH (18261893)

This article appears in Volume V08, Page 579 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: DIO-DRO

DREXEL, ANTHONY JOSEPH (18261893) , American banker, was born in Philadelphia,

Pennsylvania

PENNSYLVANIA
PENNSYLVANIA, UNIVERSITY OF

, on the 13th of September 1826. He was the son of Francis M. Drexel (17921863), a native of Austrian Tirol, who emigrated to America in 1817, and, after some years spent as a portrait-painter, became a banker and the founder of the

house

HOUSE
HOUSE (O. Eng. hiss, a word common to Teutonic languages, cf. Dut. huis, Ger. Haus; in
Gothic
- GOTHIC
it is only found in gudhiss, a temple; it may be ultimately connected with the root of " hide," conceal)

of Drexel & Company. Anthony, who entered his father's counting-

house

HOUSE
HOUSE (O. Eng. hiss, a word common to Teutonic languages, cf. Dut. huis, Ger. Haus; in
Gothic
- GOTHIC
it is only found in gudhiss, a temple; it may be ultimately connected with the root of " hide," conceal)

in 1839, eventually, with his brothers Francis and Joseph, succeeded to the

control

CONTROL (Fr. contrdle, older form contre rolle, from Med. Lat. contra-rotulus, a counter roll or copy of a document used to check the original; there is no instance in English of the use of " control " in this, its literal, meaning)

of the business, and organized the banking houses of Drexel,

Morgan

& Company, New

York

YORK
YORK (HOUSE OF)
YORK, EDMUND OF
LANGLEY
- LANGLEY, SAMUEL PIERPONT (1834-1906)
, DUKE OF (1341-1402)
YORK, EDWARD
YORK, FREDERICK
AUGUSTUS
- AUGUSTUS (a name 1 derived from Lat. augeo, increase, i.e. venerable, majestic, Gr. Ee0avr6s)
, DUKE OF (1763-1827)
YORK, RICHARD, DUKE

, of which his brother Joseph W. (18331888) was long the

resident

RESIDENT

head, and of Drexel, Harjes & Company, Paris. In 1864 he joined his friend George W. Childs in the purchase of the Philadelphia Public Ledger, and with him in 1892 founded the Printers'

Home

for union men at Colorado Springs. In 1891 he founded, and endowed with $2,000,000, the Drexel Institute of Art, Science and Industry in Philadelphia, the buildings for which he constructed at a cost of $750,000. This institution provides technical instruction for both night and day classes and public lecture courses, and has a good museum and a library of 35,000 volumes. Drexel died at Carlsbad, Germany, on the 3oth of June 1893.

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