Daniel James (businessman)
| Daniel James | |
|---|---|
Daniel James
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| Born | 17 April 1801 Truxton, New York |
| Died |
27 November 1876 (aged 75) Woolton, Liverpool. |
| Resting place | Liverpool |
| Residence | Clifton House at Rock Ferry; Oakwood at Aigburth; Beaconsfield at Woolton. |
| Nationality | USA |
| Citizenship | 31 May 1866 Naturalized British Citizen |
| Partner(s) | Elizabeth Woodbridge Phelps, Sophia Hall Hitchcock, Ruth Lancaster Dickinson |
| Children |
Mother Elizabeth James: Anson Green Phelps James (1829-1842); Daniel Willis James (1832-1907); Elizabeth Eggleston James (1833-1868); Olivia Phelps (James) Hoe (1837-1935); Henry Stokes James (1839 died at 3 months). |
| Parent(s) | Nathaniel Emmes James and Betsey Ingersoll |
Mother Elizabeth James: Anson Green Phelps James (1829-1842); Daniel Willis James (1832-1907); Elizabeth Eggleston James (1833-1868); Olivia Phelps (James) Hoe (1837-1935); Henry Stokes James (1839 died at 3 months).
Daniel James (born 1801) was one of the three founder partners of Phelps, Dodge & Co., a New York trading organisation established in 1833/4, exporting cotton to England and importing manufactured goods in return such as tin, tin plate, iron and copper. James was born in America but was to live in Liverpool for forty seven years running the British side of the business called Phelps, James & Co. The company was to dominate the export market of tinplate from the United Kingdom for three-quarters of a century at a time when Wales was the centre of world production.
Daniel James, born in Truxton, New York, was a wholesale grocer who in 1829 married Elizabeth Woodbridge Phelps (b. 1807) daughter of merchant Anson Greene Phelps (b. 1781). In 1831, Daniel moved to Liverpool with his wife to replace Anson Phelps's existing partner - Elisha Peck - who had spent fifteen years in the job and wanted to return to America.
The Phelps, Peck & Co partnership ended in 1833 when the building housing their New York warehouse collapsed. To revive the business Phelps set up the partnership with his two sons-in-law Daniel James and William Earle Dodge, Sr.- forming Phelps, Dodge & Co. in the USA and Phelps, James & Co. in England. Phelps was the senior partner in this arrangement with a two thirds interest and the remainder split between the sons-in-law.
In 1837 Phelps's daughter Caroline (b. 1812 d.1881), whose fiancé - Josiah Stokes - had been killed in the building collapse, married his brother James and he would eventually (in 1847) be the third son-in-law of Anson G Phelps to join the organisation as a partner with a 15% share. He would leave in 1878 to enter the banking business.
The American side of the business was to remain in family control into the next century, although in Britain Daniel James made his assistant - Thomas Morris Banks (b 1796) - a partner in Phelps, James & Co.
When their father-in-law Phelps died in 1853, Daniel James and William Earle Dodge Sr. purchased his holdings and absorbed his son's share when he died some years later. James would continue to live in England but was said to have gone frequently to America for extended holidays and consultation with his partners.
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Wikipedia