Alexander Smith Cochran
Alexander Smith Cochran (February 28, 1874 – June 20, 1929 ) was a manufacturer, sportsman and philanthropist from Yonkers, New York.
He was born on February 28, 1874 to William Francis Cochran and Eva Smith. His grandfather was Alexander Smith, founder of the Alexander Smith Carpet Company.
Cochran inherited his money from his parents and his maternal uncle Warren B. Smith who left Cochran the bulk of an estate estimated to be worth $40 million in 1902. Cochran was the inheritor and principal owner of Alexander Smith & Sons Carpet mills of Yonkers, which by 1929 was the largest carpet manufacturer in the world.
Cochran graduated from Yale University in 1896; in 1911, he founded, with aid from William Lyon Phelps, the university's Elizabethan Club. Cochran bought the clubhouse on College Street, provided the club with an endowment of $100,000 and donated a substantial collection of rare Elizabethan and Jacobean books. These include the four folios of Shakespeare, the 40 quartos acquired from the Huth Collection, the finest of the four known copies of "Venus and Adonis," and the unique copy of The Quenes Maiesties Passage, describing Queen Elizabeth I's first progress the day before her coronation. Cochran, who maintained contact with the club, occasionally made up shortfalls in the operating costs to prevent a member fee from being instituted. Yale's Sterling Memorial Library has exhibited papers and other material highlighting Cochran's philanthropy. The books are gifted to Yale students rather than Yale University, he is noted to have said, regarding the establishment and gifts to the Elizabethan Club.
Cochran was inspired to collect rare first edition books by Phelps. Cochran donated an endowment and his collection of illuminated manuscripts of Persian poetry to the Department of Islamic Art of the Metropolitan Museum of Art in 1913. In 1907, he accompanied his friend the scholar Abraham Valentine Williams Jackson to Iran. This may have inspired Cochran's collecting; Jackson published a scholarly catalogue on these works in 1913.
Cochran was a member of the New York Yacht Club. Initially not an enthusiastic yachtsman, he owned and raced the sloop Avenger in 1909 and won the Astor Cup. Cochran decided to build a schooner that could make the Atlantic crossing and compete well in Europe, and ordered the Westward built between 1909 and 1910 by Nathanael Herreshoff of the Herreschoff Manufacturing Company of Rhode Island. The Westward was a 96-foot-waterline steel schooner and was the largest sailboat the Herreshoff Company had made at the time. Cochran raced the yacht off England and Europe in 1910 with Charlie Barr as the skipper.
The season was a stunning success. Westward won every race in German waters and eight of nine in England. Cochran sold Westward to a German syndicate in 1911, having become interested in larger yachts. He was already having a large three-masted schooner Sett Call designed for him by William Gardner. Cochran decided to become an America's Cup contender and asked Gardner to also work on an America's Cup prospect for him. Vanitie was the result. Both Vanitie and Sett Call were built by the George Lawley and Sons Corporation of Boston.
In 1914, Cochran competed in his yacht Vanitie to be selected to defend the America's Cup against Sir Thomas Lipton's yacht. Vanitie lost to Resolute in the 1914 trials but was able to try again in 1920, because the defense of the cup was put off during World War I. The 1920 campaign was not successful; Vanitie lost 7-4 in the final selection series.
Cochran became known as the "richest bachelor in New York," from press coverage of his marriage to the actress and singer Ganna Walska. Cochran met Walska in 1919, married her in Paris and briefly lived with her in his Murray Hill home. In 1920, divorce proceedings were started. The proceedings were completed with a settlement that amounted to $US3 million, a substantial sum in 1920.
Cochran died in 1929, aged 55.
- "Will Of Warren B. Smith Disposes of $40,000,000. Carpet Manufacturer's Nephew, Alexander Cochran, inherits Bulk of Vast Estate". The New York Times. 2 May 1903. Retrieved 2008-08-09.
- "The History Of Carpet". Carpet-rug.org. Retrieved 2013-10-20.
- "Glen Eyrie Conference Center : Homepage". Navigators.org. Archived from the original on April 15, 2013. Retrieved 2013-10-20.
- Yale Daily News, January 13, 2012, Cochran's Club: Exhibit reveals man behind literary society, unbylined blurb of exhibition
- "Attributed to Basawan: Alexander Visits the Sage Plato in His Mountain Cave: Folio from the Khamsa (Quintet) of Amir Khusrau Dihlavi [India] (13.228.30) | Heilbrunn Timeline of Art History | The Metropolitan Museum of Art". Metmuseum.org. 2013-09-04. Retrieved 2013-10-20.
- "Khamsa (Quintet) of Nizami [Iran] (13.228.6) | Heilbrunn Timeline of Art History | The Metropolitan Museum of Art". Metmuseum.org. 2013-09-04. Retrieved 2013-10-20.
- "The Metropolitan Museum of Art - "The Eavesdropper", Folio from a Haft Paikar (Seven Portraits) of the Khamsa (Quintet) of Nizami". Metmuseum.org. Retrieved 2013-10-20.
- The Wall Street Journal, Tuesday December 27, 2011; page A 20
- "WESTWARD STILL WINNING. - Alexander S. Cochran's Yacht Defeats Kaiser's Meteor at Luebeck Bay. - Article - NYTimes.com". The New York Times. Retrieved 2013-10-20.
- The Golden Age of Yachting by L. Francis Herreshoff; Published by Sheriden House, Inc 2007 ISBN 1-57409-251-0; page 178
- "VANITIE HOME FIRST, BUT RESOLUTE WINS - Alexander S. Cochran's Yacht Leads All the Way, but Handicap Beats Her. - Article - NYTimes.com". The New York Times. Retrieved 2013-10-20.
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- "A. S. Cochran Dies At Saranac Lake. Wealthy Carpet Manufacturer, Philanthropist and Yachtsman. Inherited Vast Fortunes. Democratic Ways and Generosity Made Him Greatly Admired In Native Yonkers. Chief Owner of Vast Carpet Works. Built Yacht to Defend Cup. Joined British Navy in War". The New York Times. June 21, 1929. Retrieved 2012-09-04.
Alexander Smith Cochran, carpet manufacturer, philanthropist and yachtsman of New York and Yonkers, died here last night of pulmonary tuberculosis, from which he had been suffering for fifteen years. He was in his fifty-sixth year.
- "WILL OF WARREN B. SMITH DISPOSES OF $40,000,000.; Carpet Manufacturer's Nephew, Alexander Cochran, inherits Bulk of Vast Estate". The New York Times. 2 May 1903. Retrieved 2008-08-09.
- Yale University Manuscripts & Archives Digital Images Database Image No: 10668[permanent dead link]
- Photograph of Alexander Smith Cochran[permanent dead link]