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American Banker T.W. Lamont TLS

Currency:USD Category:Antiques / Books & Manuscripts Start Price:75.00 USD Estimated At:125.00 - 150.00 USD
American Banker T.W. Lamont TLS
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
THOMAS WILLIAM LAMONT, JR. (1870-1948) was an American banker and the great-grandfather of 2006 Democratic Party nominee for the United States Senate, Ned Lamont.
He became a partner of J.P. Morgan & Co., and served as a U.S. financial advisor abroad in the 1920s and 1930s. During the 1919 Paris negotiations leading up to the Treaty of Versailles, Lamont the US Treasury Dept. representative. On Black Thursday in 1929, he was acting head of J.P. Morgan & Co. He tried to inject confidence back into the stock market through massive purchases of blue chip stocks. Following the reorganization of J.P. Morgan & Co. in 1943, Lamont was elected chairman of the board of directors. Typed Letter Signed. One page on “23 Wall Street” Stationary. Oct 17, 1925 to Emanuel Cohen, Editor of Pathe News regarding an invitation of Cohen to dinner: “I should be happy to attend…which you are good enough to invite me, if O am so fortunate at to be in town at the time, but I have been planning with my wife a brief holiday trip…I greatly fear…it may keep me away. However, I shall live in hopes!…T.W. Lamont.” After his Editorial stint with Pathe News, Emanuel Cohen would go on to be placed in charge of production for all of Paramount’s Studio films before WWII. A scarce autograph, all the more desirable with the current rise of his grandson’s political career. 5 ½” x 8”. Very Fine.