Cleveland, Grover (ON HOLD)

ALS accepting Henry Villard's dinner invitation the day of his re-election to his 2nd term as President

Price: $450.00

Description:
(1837-1908) US President 1885-1889 & 1893-1897. First President married in the White House. The presidential election of 1892 was held on Tuesday, November 8, 1892, a re-match of the closely contested 1888 presidential election. Former Democratic President Cleveland and incumbent Republican presiddnt Benjamin Harrison both ran for election to a 2nd term. In this re-match, Cleveland won both the popular and electoral vote, becoming the first person elected to a second, non-consecutive presidential term. ALS on 6 x 4 white embossed "12 West Fifty-First Street" letterhead, New York City, November 8 1892, to Mr. (Henry) Villard, in full: "It gives me great pleasure to accept your kind invitation to dine on Thursday the seventeenth instant at half past seven. Yours sincerely [signed] Grover Cleveland." HENRY VILLARD (b. Ferdinand H. G. Hilgard, 1835-1900) Bavarian-born journalist and financier, he emigrated to the US as a teenager without his parents' knowledge, changing his name to Villard to avoid being sent back to Europe. He made his way west, briefly studying law as he developed a career in journalism. He became a war correspondent first covering the Civil War (becoming a pacifist as a result), and later covered the Austro-Prussian War for the Chicago Tribune. He went back to Germany for his health in 1870 and while there, became involved in investments in American railroads. He returned to the US in 1874 to oversee German investments in the Oregon and California Railroad. Impressed with Oregon's natural resources, he acquired several rail and steamship companies, and pursued a rail line from Portland to the Pacific Ocean. Also in the 1880s, Villard acquired the New York Evening Post and The Nation. He also had a hand in the large electric power business founded by Thomas Edison, merging the Edison Electric Light Company, Edison Lamp Company of Newark, New Jersey, and the Edison Machine Works at Schenectady, New York to form the Edison General Electric Company. He was the president of this concern until 1892 when he was forced out after J. P. Morgan engineered a merger with the Thomson-Houston Electric Company that put that companies board in control of the new enterprise, renamed General Electric. He was the first benefactor of the University of Oregon and contributed to other universities, churches, hospitals, and orphanages.

Condition: Very good, slight top left corner bend, center fold, light small stain at top left edge
Type:letter






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