Charles S. Fairchild

Charles Stebbins Fairchild ( born April 30, 1842 in Cazenovia, Madison County, New York, † November 24, 1924 ) was an American businessman, Democratic politician and Minister of Finance.

Study and career

The son of a lawyer and later delegates to the Democratic National Convention first completed a study at Harvard College, which he completed in 1863. He then studied law at the Law School of Harvard University, where he graduated in 1865. After his admission to the bar he worked at the law firm of his father in Albany.

Political career

Attorney General of New York

In 1874, he was Deputy Attorney General of New York. In this position, he quickly gained a reputation as an enlightener of corruption cases. The then Governor Samuel J. Tilden was so impressed by the achievements of the young lawyers that he drove forward in 1875 whose nomination for Attorney General of New York. Fairchild was actually elected, and was from 1875 to 1877 in the Office of the Attorney General of the State. He then worked as a lawyer again.

Treasury under Cleveland

At the request of his personal friend and Minister of Finance Daniel Manning President Grover Cleveland appointed him on 8 March 1885 the Deputy Minister of Finance ( Assistant Secretary of the Treasury ). In the following years he increasingly took the official business of the diseased Manning. He sat in particular the need for reform of the Treasury.

After Manning resigned on March 31, 1887 due to its degraded state of health, President Cleveland appointed him as his successor. During his tenure, he sat among other things, a tariff reform. After the defeat of President Cleveland in the presidential election in 1888, he retired on March 3, 1889 from the office.

After his retirement from political life, he was until 1904 president of the New York Security and Trust Company. In addition, he was a director and president of railway companies.

Web links, and background literature

• Biography and portrait on the website of the U.S. Treasury
• Biographies of the members of the Cabinet of President Cleveland

Hamilton | Wolcott | Dexter | Gallatin | Campbell | Dallas | Crawford | Rush | Ingham | McLane | Duane | Taney | Woodbury | Ewing | Forward | Spencer | Bibb | Walker | Meredith | Corwin | Guthrie | Cobb | Thomas | Dix | Chase | Fessenden | McCulloch | Boutwell | Richardson | Bristow | Morrill | Sherman | Windom | follower | Gresham | McCulloch | Manning | Fairchild | Windom | Foster | Carlisle | Gage | Shaw | Cortelyou | MacVeagh | McAdoo | Glass | Houston | Mellon | Mills | Woodin | Morgenthau | Vinson | Snyder | Humphrey | Anderson | Dillon | Fowler | Barr | Kennedy | Connally | Shultz | Simon | Blumenthal | Miller | Regan | Baker | Brady | Bentsen | ruby | Summers | O'Neill | Snow | Paulson | Geithner | Lew

• Finance (United States)
• Member of the Democratic Party (United States)
• Americans
• Born in 1842
• Died in 1924
• Man