Armand Hammer
Armand Hammer | |
---|---|
Born | |
Died | December 10, 1990 | (aged 92)
Nationality | United States |
Alma mater | Columbia University (B.A., 1919; M.D., 1921) |
Occupation | Business magnate |
Known for | Occidental Petroleum |
Armand Hammer (May 21, 1898[2] – December 10, 1990) was an American business tycoon most closely associated with Occidental Petroleum, a company he ran for decades, though he was known as well as for his art collection, his philanthropy, and for his close ties to the Soviet Union.
Thanks to business interests around the world and his "citizen diplomacy," Hammer cultivated a wide network of friends and acquaintances. Late in life, he would brag that he had been the only man in history friendly with both Vladimir Lenin and Ronald Reagan. [citation needed]
Hammer remains a controversial figure because of his ties to the Soviet Union, which led to speculation that he was disloyal to the United States. During his lifetime, some also objected to him on the grounds that he had made an illegal campaign contribution to U.S. president Richard Nixon. Because of his tight control of Occidental Petroleum, Hammer has been blamed for the company's misdeeds, including environmental pollution, alleged mistreatment of workers, and four SEC investigations into financial improprieties. [citation needed]
Hammer hungered for publicity, and was the subject of major magazine and newspaper profiles from the 1920s through his death in 1990. He appeared frequently on television, commenting on international relations or agitating for research into a cure for cancer. As of 2008, he has been the subject of five biographies — in 1975 (Considine, authorized biography), 1985 (Bryson, coffee table book), Weinberg 1989, Blumay 1992, and Epstein 1996 — and two autobiographies (1932 and a best seller in 1987). His art collection[3][4] and his philanthropic projects[5] were the subject of numerous publications as well.
Early life
Hammer was born in Manhattan, New York, to Russian-born Jewish immigrants Julius and Rose (Lipshitz) Hammer.[6][7] His father came to the United States from Odessa, Ukraine in 1875, and settled in The Bronx, where he ran a general medical practice and five drugstores.
Hammer sometimes claimed that his father had named him after a character, Armand Duval, in La Dame aux Camélias, a novel by Alexandre Dumas, fils. In fact, according to multiple biographers, Hammer was named after the "Arm and Hammer" symbol of the Socialist Labor Party of America (SLP), in which his father, a committed socialist, had a leadership role at one time.[8] (After the Russian Revolution, a part of the SLP under Julius' leadership split off to become a founding element of the Communist Party USA.) Later in his life, Hammer would admit the communist tie himself.[2]
During the Spanish flu pandemic, Julius Hammer performed an abortion on a Russian-born woman ill with pneumonia;[9] she died and he served 2½ years at Sing Sing.[10]
Hammer attended Morris High School, Columbia College (B.A., 1919) where he was a member of the Zeta Beta Tau fraternity, and then attended medical school at Columbia (M.D., 1921). When his father was sentenced to prison as he entered medical school; he and his brothers took Allied Drug, the family business, to new heights, reselling equipment they had bought at depressed prices at the end of World War I. According to Hammer, he scored his first business triumph in 1919, manufacturing and selling a ginger extract which legally contained high levels of alcohol. This was extremely popular during prohibition, and the company had $1 million in sales that year. In 1921, while waiting for his internship to begin at Bellevue Hospital, Hammer went to the Soviet Union for a trip that ended up lasting until late 1930.[11] Although his career in medicine was cut short, he relished being referred to as "Dr. Hammer".
Quest for the Romanov treasure
Hammer's intentions in the 1921 trip have been debated since. He has claimed that he originally intended to recoup $150,000 in debts for drugs shipped during the Allied intervention, but was soon moved by a capitalistic and philanthropic interest in selling wheat to the then-starving Russians.[12] In his passport application, Hammer stated that he intended to visit only western Europe.[13] J. Edgar Hoover in the Justice Department knew this was false, but Hammer was allowed to travel anyway.[14] A skeptical U.S. government watched him through this trip, and for the rest of his life.
Career
After graduating from medical school, Hammer extended earlier entrepreneurial ventures with a successful business importing many goods from and exporting pharmaceuticals to the newly-formed Soviet Union, together with his younger brother Victor. According to Hammer, on his initial trip, he took $60,000 in medical supplies to aid in a typhus epidemic, and made a deal with Lenin for furs and caviars in exchange for a shipment of surplus American wheat. He moved to the USSR in the 1920s to oversee these operations, especially his large business manufacturing and exporting pens and pencils.
According to Alexander Barmine, who was assigned by the Central Committee to run the Mezhdunarodnaya Kniga company to compete with Hammer, the stationery concession was actually granted to Dr. Julius Hammer.[15] According to Barmine the party spent five million gold rubles on stationery supplies made in factories controlled by Julius Hammer and other concessionaires making them rich.[16] The Soviets were eventually able to duplicate certain items such as typewriter parts and pens and end those concessions but were never able to match the quality of Hammer's pencils so that concession became permanent according to Barmine.[17]
In his 1983 book Red Carpet, author Joseph Finder discusses Hammer's "extensive involvement with Russia."[18]
After returning to the U.S., Hammer entered into a diverse array of business, art, cultural, and humanitarian endeavors, including investing in various U.S. oil production efforts. These oil investments were later parlayed into control of Occidental Petroleum. Throughout his life he continued personal and business dealings with the Soviet Union, despite the Cold War. In later years he lobbied and traveled extensively at great personal expense, working for peace between the United States and the Communist countries of the world, including ferrying physicians and supplies into the Soviet Union to help Chernobyl survivors. [citation needed]
Politically, Hammer was a staunch supporter of the Republican party. He boosted Richard Nixon's presidential campaign with $54,000 in campaign contributions. He pled guilty on charges that one of these donations had been made illegally and received probation and a $3000 fine[19] , but was later pardoned by Republican U.S. President George H. W. Bush.[20]
He was a collector of Impressionist and Post-Impressionist paintings. His personal donation forms the core of the permanent collection of the UCLA Hammer Museum in Los Angeles, California. Together with his brother Victor, he was the owner of the famed "Hammer Galleries" in New York City.[21][22][23]
Hammer was a philanthropist, supporting causes related to education, medicine, and the arts. Among his legacies is the Armand Hammer United World College of the American West (now generally called the UWC-USA, part of the United World Colleges). By the time of his death, Hammer had won the Soviet Union's Order of Friendship of People, the U.S. National Medal of Arts (1987), France's Legion of Honor, Italy's Grand Order of Merit, Sweden's Royal Order of the Polar Star, Austria's Knight Commander's Cross, Pakistan's Hilal-i-Quaid-Azam Peace Award, Israel's Leadership Award, Venezuela's Order of Andrés Bello, Mexico's National Recognition Award, Bulgaria's Jubilee Medal, and Belgium's Order of the Crown.[24] Hammer hungered for a Nobel Peace Prize, and was repeatedly nominated for one, including by Menachem Begin,[25] but never won.
In 1986, Forbes Magazine estimated his net worth at $200 million.[26]
Hammer made a guest appearance on a 1988 episode of The Cosby Show (as the grandfather of a friend of Theo Huxtable's who was suffering from cancer), saying that a cure for cancer was imminent.[27]
Death
Hammer died of bone marrow cancer in December 1990, aged 92. He died in Los Angeles, California.
Personal life
Hammer was the middle child of three boys, and had close relationships, including business relationships, with his brothers (Harry and Victor) throughout their lives. He married three times, first in 1927 to a Russian actress named Olga Von Root, the daughter of a czarist general, Baron Vadin Nicholaievitch Root; Olga was descended from German nobles and from Polish-Lithuanian general Tadeusz Kościuszko.[28][29] In 1943, he was married to Angela Zevely. In 1956 he married the wealthy widow Frances Barrett, and they remained married until her death in 1989.[30] He had only one child, a son named Julian Armand Hammer,[31] by his Russian wife.[9] Hammer's grandson is Michael Armand Hammer and his great-grandson is actor Armie Hammer.
Arm & Hammer
It is often claimed, incorrectly, that the brand name Arm & Hammer originated with tycoon Armand Hammer, who owned a considerable amount of Church and Dwight stock in the 1980s and served on its board of directors. The Arm & Hammer brand was in use some 31 years before Hammer was born, leading some to speculate that things were actually the other way around and Hammer's father named him after the brand.[32]
Further reading
- Dark Side of Power: The Real Armand Hammer, by Carl Blumay, Simon & Schuster, November 1992, ISBN 978-0671700539
- Biographical Dictionary of American Business Leaders (pp. 533–36), by John N. Ingham, Greenwood Press, 1983, ISBN 0313239088
- Hammer: Odyssey of an Entrepreneur (book review)[33]
- The Remarkable Life of Dr. Armand Hammer by Bob Considine
- The Secret History of Armand Hammer by Edward Jay Epstein
- Hammer by Armand Hammer with Neil Lyndon
- Armand Hammer. The Untold Story by Steve Weinberg
See also
References
- ^ http://www.highbeam.com/doc/1G1-4968669.html
- ^ a b Armand Hammer, The Untold Story by Steve Weinberg, p. 16
- ^ The Armand Hammer Collection: Four Centuries of Masterpieces, published by the Armand Hammer Foundation in multiple editions (eventually becoming five centuries of masterpieces), sometimes in conjunction with museums where the collection was displayed.
- ^ Honore Daumier 1808-1879: The Armand Hammer Daumier Collection Incorporating a Collection from George Longstreet, 1981
- ^ Dreams & Promises: The Story of the Armand Hammer United World College : A Critical Analysis, Theodore Lockwood, 1997
- ^ Names of parents
- ^ Epstein, Edward Jay (1998). Dossier: the secret history of Armand Hammer. Orion Business. p. 34. ISBN 0752813862.
{{cite book}}
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and|coauthors=
(help) - ^ Dossier: The Secret History of Armand Hammer, Edward Jay Epstein, 1996, p. 35
- ^ a b Armand Hammer, The Untold Story, Steve Weinberg, p. 120
- ^ In his 1996 biography of Hammer, Edward James Epstein cites the 1990s recollections of a woman named Bettye Jane Murphy, who was then claiming to have been a mistress of Hammer's in the 1950s and was suing his estate. She said that Hammer once told her that he had performed the abortion himself and let his father go to jail rather than take the blame.[Epstein p. 46] This story must be balanced against that of the patient's maid, who was present during the procedure and testified during the 1919 grand jury hearing that Julius Hammer was responsible, leading to his indictment. [Weinstein p. 25] Murphy's claim is sometimes cited as evidence that he was a murderer.
- ^ Armand Hammer, The Untold Story, Steve Weinberg, p. 77
- ^ Armand Hammer, The Untold Story, Steve Weinberg, p.43
- ^ Dossier: The Secret History of Armand Hammer, Edward Jay Epstein, 1996, p. 45
- ^ Armand Hammer, The Untold Story, Steve Weinberg, p. 36
- ^ Barmine, Alexander (1945). One Who Survived. New York: G.P. Putnam's Sons. p. 331.
- ^ Barmine, Alexander (1945). One Who Survived. New York: G.P. Putnam's Sons. p. 157.
- ^ Barmine, Alexander (1945). One Who Survived. New York: G.P. Putnam's Sons. p. 158.
- ^ New York Times, "What's New on the Corporate Bookshelf," July 31, 1983 http://query.nytimes.com/gst/fullpage.html?res=9E07E0DF1139F932A05754C0A965948260
- ^ Nizer, Lois. Reflections without mirrors.
- ^ Rampe, David (August 15, 1989). "ARMAND HAMMER PARDONED BY BUSH". The New York Times.
- ^ Hammer, Victor J. (1976). Elizabeth Charleston. New York: S & R Hayden. p. 8.
- ^ "The Armand Hammer Collection". UCLA. Retrieved 2008-09-27. [dead link]
- ^ "Hammer Icons". Time Magazine. 1937-08-16. Retrieved 2008-09-27.
- ^ Dossier - The Secret History of Armand Hammer, Edward Jay Epstein, 1996, p. 8
- ^ "The Unfinished Business of Armand Hammer; After A Lifetime in the Public Eye, He Still Worries About His Place in History", Donald Woutat, Los Angeles Times Magazine, June 7, 1987, p. 8
- ^ Forbes estimate of Hammer's worth
- ^ O'Connor, John J. (January 21, 1988). "TV Reviews; An Update On 'The Cosby Show'". The New York Times. Retrieved March 31, 2010.
- ^ Considine, Bob (1975). The remarkable life of Dr. Armand Hammer. Harper & Row. p. 75. ISBN0060108363.
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(help) - ^ "Reaches Into Her Gypsy Songbag For Tunes To Give To Posterity ". Meriden Daily Journal. 1934-03-06. Retrieved 2011-05-18.
{{cite news}}
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(help) - ^ "Frances Hammer, A Painter, Was 87; Wife of Industrialist, Peter Flint, The New York Times, December 19, 1989
- ^ "Miss Mobley Has Nuptials In Oklahoma". The New York Times. January 13, 1985. Retrieved March 31, 2010.
- ^ Arm & Hammer controversy
- ^ http://www.minneapolisfed.org/pubs/region/87-88/reg878a.cfm
- 1898 births
- 1990 deaths
- American art collectors
- Columbia Medical School alumni
- Columbia University alumni
- Cancer deaths in New York
- People from Manhattan
- People in the petroleum industry
- Recipients of American presidential pardons
- American people of Russian-Jewish descent
- Deaths from bone cancer
- United States National Medal of Arts recipients
- Recipients of the Order of the Crown (Belgium)
- Recipients of the Order of Friendship of Peoples