Charles E. Merrill

Charles Edward Merrill, (October 19, 1885 - October 6, 1956) was a philanthropist, stockbroker and one of the founders of Merrill, Lynch & Company.

Early years

Charles E. Merrill, the son of physician Dr. Charles Morton and Octavia (Wilson) Merrill, was born October 19, 1885, in Green Cove Springs, Florida. He prepared at John B. Stetson University from 1901-03 and at Worcester Academy from 1903-04. After two years at Amherst College, Merrill spent time at the University of Michigan Law School from 1906 to 1907; worked at Patchogue-Plymouth Mills from 1907-09; at George H. Burr & Co., New York City, from 1909-13; then established Charles E. Merrill & Co. in 1914, changing the name to Merrill Lynch & Company.

Merrill Lynch

Merrill and his friend, Edmund C. Lynch, created Merrill Lynch in 1915. Merrill made his money by investing. In the 1920s Merrill Lynch became a major investor in Safeway Inc. and S. S. Kresge Corporation, the forerunner of the Kmart Corporation.

Merrill anticipated the Stock market crash of 1929, divesting his money before the Great Depression. He had, in fact, pleaded with President Calvin Coolidge (like Merrill, an Amherst alumnus) to speak out against speculation, but Coolidge did not listen to him.

In 1939, immediately preceding the boom caused by World War II, Merrill decided to take Merrill Lynch nationwide. He was convinced that the average American who wanted to invest should be able to buy shares in the stock market, which was previously a playground for the wealthy. He instructed his employees to hold seminars at which husbands and wives could leave their children with child care providers while the parents learned how they, too, could invest.

Merrill was a well-known philanderer and bon vivant. He was married three times and gained the nickname "Good Time Charlie Merrill".

Charles Merrill is the namesake of the Merrill Science Center at Amherst College, built in 1968. He was the father of the philanthropist Doris Merrill Magowan, poet James Ingram Merrill (1926-1995) and of educator, author, and philanthropist Charles E. Merrill, Jr. (b. 1920), founder and first headmaster of the Commonwealth School.

Note

Various websites inaccurately list Charles Merrill's birthplace as Glen Cove Springs [1] [2], Green Cove Springs [3] and Green Grove Springs [4], all in Florida. His actual place of birth was Green Cove Springs, Florida.


This page about Charles E. Merrill includes information from a Wikipedia article.
Additional articles about Charles E. Merrill
News stories about Charles E. Merrill
External links for Charles E. Merrill
Videos for Charles E. Merrill
Wikis about Charles E. Merrill
Discussion Groups about Charles E. Merrill
Blogs about Charles E. Merrill
Images of Charles E. Merrill

His actual place of birth was Green Cove Springs, Florida. Origins:. Various websites inaccurately list Charles Merrill's birthplace as Glen Cove Springs [1] [2], Green Cove Springs [3] and Green Grove Springs [4], all in Florida. Calhoun, professor of history at East Carolina University and author of Benjamin Harrison: 23rd president. 1920), founder and first headmaster of the Commonwealth School. Charles W. (b. Also, Calhoun's great-great-great grandson is Dr.

Merrill, Jr. Today, the campus rests upon the Fort Hill estate that Calhoun once called home. He was the father of the philanthropist Doris Merrill Magowan, poet James Ingram Merrill (1926-1995) and of educator, author, and philanthropist Charles E. Calhoun's son-in-law was Thomas Green Clemson, another prominent South Carolinian who became the founder of Clemson University. Charles Merrill is the namesake of the Merrill Science Center at Amherst College, built in 1968. He penned Disquisition on Government and Discourse on the Constitution and Government of the United States. He was married three times and gained the nickname "Good Time Charlie Merrill". In 1957, United States Senators honored Calhoun as one of the "five greatest senators of all time", and was later among the "seven greatest" named in 2000 Senate resolution.

Merrill was a well-known philanderer and bon vivant. Phillips Churchyard in Charleston, South Carolina. He instructed his employees to hold seminars at which husbands and wives could leave their children with child care providers while the parents learned how they, too, could invest. He was buried in St. He was convinced that the average American who wanted to invest should be able to buy shares in the stock market, which was previously a playground for the wealthy. Calhoun returned to the Senate in 1848 and died in 1850 in Washington, DC. In 1939, immediately preceding the boom caused by World War II, Merrill decided to take Merrill Lynch nationwide. In 1844 he was reappointed Secretary of State by John Tyler, and signed the treaty annexing Texas.

He had, in fact, pleaded with President Calvin Coolidge (like Merrill, an Amherst alumnus) to speak out against speculation, but Coolidge did not listen to him. Slavery as an issue was also to split both the Methodist and Baptist churches in America along north-south lines, divisions in which Calhoun had a significant influence. Merrill anticipated the Stock market crash of 1929, divesting his money before the Great Depression. He was a major advocate of the Fugitive Slave Law, which enforced the co-operation of Free States in returning escaping slaves. Kresge Corporation, the forerunner of the Kmart Corporation. In this, he played a major role in deepening and entrenching the growing divide between the northern and southern states on this issue, wielding the threat of southern secession to back slave-state demands. S. Calhoun led the pro-slavery faction in the senate in the 1830s and 1840s, opposing both abolitionism, and attempts to limit the expansion of slavery into the western territories.

and S. The Compromise of 1833 settled the matter for a number of years. In the 1920s Merrill Lynch became a major investor in Safeway Inc. The Force Bill was proposed by Congress prohibiting states from nullifying federal laws. Merrill made his money by investing. On December 28, 1832 he became the first Vice President to resign from office, having accepted election to the United States Senate from his native South Carolina. Lynch, created Merrill Lynch in 1915. During the crisis, Jackson said in a famous toast, "Our federal Union—it must and shall be preserved." In Calhoun's toast, he replied, "Our Union; next to our liberties most dear." The break between Jackson and Calhoun was complete, and Calhoun was not Jackson's running mate in 1832.

Merrill and his friend, Edmund C. The "Nullification Crisis" almost degenerated into violence, but coercion by US Navy warships in Charleston averted a secession. in 1914, changing the name to Merrill Lynch & Company. In 1832, the theory of nullification was put to the test when South Carolina passed an ordinance that claimed to nullify federal tariffs. Merrill & Co. This opened a rift between Calhoun and Jackson, which was exacerbated by the Eaton Affair. Burr & Co., New York City, from 1909-13; then established Charles E. In this he disagreed with Jackson, who opposed the idea of nullification.

After two years at Amherst College, Merrill spent time at the University of Michigan Law School from 1906 to 1907; worked at Patchogue-Plymouth Mills from 1907-09; at George H. Calhoun had developed a theory of nullification that states (or minorities) could nullify federal legislation, based on the fact that individual states had ratified the Constitution. Stetson University from 1901-03 and at Worcester Academy from 1903-04. He also became Andrew Jackson's running mate in the election of 1828, and again was Vice President. He prepared at John B. He soon broke with Adams and the National Republicans, who seemed to favor northern interests. Charles Morton and Octavia (Wilson) Merrill, was born October 19, 1885, in Green Cove Springs, Florida. After the odd election of 1824, Calhoun became Vice President under John Quincy Adams.

Merrill, the son of physician Dr. In 1817 he was appointed Secretary of War under James Monroe. Charles E. After the war, he proposed a Bonus Bill for public works. . In 1810 he was elected to Congress, and became one of the War Hawks who, led by Henry Clay, agitated for what became the War of 1812. Charles Edward Merrill, (October 19, 1885 - October 6, 1956) was a philanthropist, stockbroker and one of the founders of Merrill, Lynch & Company. John Calhoun received his bachelor's degree from Yale in 1804.

His party affiliation was Democratic-Republican. Calhoun served South Carolina in the United States Senate and also in the House of Representatives, and as Secretary of State, Secretary of War, and the seventh Vice President. A pro-slavery advocate, his staunch determination earned him the nickname the "cast-iron man". John Caldwell Calhoun (March 18, 1782 – March 31, 1850), was a prominent United States politician in the first half of the 19th century.

ISBN 0826215483. Calhoun And Popular Rule: The Political Theory Of The Disquisition And Discourse., 2004. Lee. Cheek, Jr., H.

ISBN 0865971021. Calhoun, 1992. Lence, Union and Liberty: The Political Philosophy of John C. Ross M.

Ed. Calhoun, John C. ISBN 0895261790. Calhoun: Selected Writings and Speeches (Conservative Leadership Series), 2003.

Lee Cheek, Jr. H. Ed. Calhoun, John C.