Henry Pomeroy Davison

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Henry Pomeroy Davison, Sr.
Henry Davison.jpg
Born (1867-06-12)June 12, 1867
Troy, Pennsylvania
Died May 6, 1922(1922-05-06) (aged 54)
Locust Valley, New York

Henry Pomeroy Davison, Sr. (June 12, 1867 - May 6, 1922) was an American banker and philanthropist.[1]

Biography[edit]

He was born on June 12, 1867 in Troy, Pennsylvania, the oldest of the four children of Henrietta and George B. Davison. Henry's mother died when he was just nine years old in 1877.[2] After completing his education he became a bookkeeper in a bank managed by one of his relatives, and at age 21 he gained employment at a bank in Bridgeport, Connecticut, the hometown of his wife Kate Trubee. Three years later he moved to New York City where he was employed by the Astor Place Bank, and sometime later became president of the Liberty National Bank. Several years later he was involved in the founding and formation of the Bankers Trust Company. In 1909 he became a senior partner at JP Morgan & Company, and in 1910 he was a participant in the secretive meeting on Jekyll Island, Georgia that may have led to the creation of the Federal Reserve and has generated much speculation over the years.

With the entry of the United States in World War I in 1917, Davision was named Chairman of the War Council of the American Red Cross. In this capacity, he led a campaign to win financial support for the Red Cross, quickly earning four million dollars used to fund Red Cross ambulances. After the end of the war, he pressed for the creation of an international organization to coordinate the work of the different national Red Cross societies. Based on his recommendations, the League of Red Cross Societies was founded on May 15, 1919 by the societies of Great Britain, France, Japan, Italy, and the United States. In 1919, he also published a book, The American Red Cross in the Great War, describing the wartime activities of the Red Cross. Davison was chairman of the league until his death in 1922.

Death[edit]

He died on May 6, 1922 under an operation for the removal of a tumor of his brain at the family estate, Peacock Point,[3] in Locust Valley, Long island at the age of 54. This after two failed brain operations. He left the bulk of his estate to his wife to be held in trust.[4] He left behind two sons, and two daughters. His oldest son, F. Trubee Davison, was a director of personnel for the Central Intelligence Agency. His other son Henry Pomeroy Davison, Jr. was a director at Time magazine and a Yale University graduate and member of the Skull and Bones society.

Legacy[edit]

The International Federation of Red Cross and Red Crescent Societies, the name of the league since 1991, grants the Henry Davison Award in his memory.

Bibliography[edit]

  • Henry P. Davison: The American Red Cross in the Great War. The Macmillan Company, New York 1919

References[edit]

  1. ^ http://www.1911encyclopedia.org/Henry_Pomeroy_Davison
  2. ^ "Henry P. Davison: The Record Of A Useful Life" by Thomas W. Lamont, http://archive.org/stream/henrypdavisonthe017785mbp/henrypdavisonthe017785mbp_djvu.txt
  3. ^ http://www.oldlongisland.com/2009/09/peacock-point.html
  4. ^ http://query.nytimes.com/gst/abstract.html?res=F20614F93E551A738DDDAB0994DD405B828EF1D3

Further reading[edit]

  • Thomas W. Lamont: Henry P. Davison: The record of a useful life. Arno Press, New York 1975, ISBN 0-405-06969-3; Original edition: Harper & Bros., New York 1933

External links[edit]

Non-profit organization positions
Preceded by
None
Chairman of the
International League of
Red Cross Societies

1919-1922
Succeeded by
John Barton Payne