David Parish

Portrait and signature of David Parish. Portrait is from an engraved miniature painted on ivory in 1810.[1]

David Parish (1778 – April 27, 1826) was a German-born land speculator and financier who played a major role in financing the United States military effort in the War of 1812 and in chartering the Second Bank of the United States.[2]

Early life & career

Parish was born in 1778 in Hamburg, Germany, the grandson of an English merchant who had transferred his business to Hamburg from Scotland.[3]

Parish emigrated to the United States in 1806, settling first in Philadelphia, then two years later acquired 200,000 acres of land in the St. Lawrence River Valley to sell as farmland to settlers. Further adding to his holdings he profited greatly from arranging a large shipment of gold and silver bullion from Mexico to Napoleon’s France.[4]

He played a major role in the development of St. Lawrence and Jefferson counties in northern New York state, where he made his home in Ogdensburg and built a blast furnace at Rossie.[1] The town of Parishville is named for him.[5]

Sympathetic to the anti-war Federalist Party, he nevertheless brokered a $7.5 million loan to the cash-strapped Republican administration of James Madison in 1813 to continue prosecuting the war.[6] Historian Alan Taylor asserts that for that support, indispensable with Congress unwilling to raise taxes to fund the conflict, Parish gained the political leverage to insist on neutrality for the St. Lawrence Valley and peace negotiations with the British.[7] Despite the strategic military importance of the St. Lawrence Valley, the US made only one half-hearted and disastrous attempt, in November 1813, to use it as an invasion corridor to attack Montreal and cut off the supply route from Lower to Upper Canada. The rest of the time, American and British interests continued their thriving transborder trade and generally peaceful relations as if there were no war between their countries, a fact Taylor attributes to Parish and his supporters and agents in the valley.[8] Throughout the war, the focus of US military operations on land continued to be western Lake Ontario and the strategically marginal Niagara Peninsula.

In May 1816, Parish became an American citizen; he returned to Europe in the same year and served as the American consul in Antwerp briefly.[9]

Because of an Austrian bank fraud he lost his fortune and, in 1826, drowned himself in the Danube River.[2][3][4][9]

Parish was the basis for a character in the novel Anthony Adverse by Hervey Allen.[2]

References

  1. 1 2 A History of St. Lawrence and Franklin Counties, New York: From the Earliest Period to the Present Time by Franklin Benjamin Hough. Albany: Little and Co. 1853.
  2. 1 2 3 "The American Career of David Parish," by Philip G. Walters, Raymond Walters, Jr. The Journal of Economic History, Vol. 4, No. 2 (Nov., 1944), pp. 149-166
  3. 1 2 "David Parish and the War of 1812," by J. Mackay Hitsman, Military Affairs, Vol. 26, No. 4 (Winter, 1962-1963), pp. 171-177. doi:10.2307/1985612
  4. 1 2 http://www2.macleans.ca/2012/06/25/the-real-reason-we-won/
  5. ↑ History of Parishville, NY
  6. ↑ Alan Taylor, The Civil War of 1812: American Citizens, British Subjects, Irish Rebels & Indian Allies, Alfred A. Knopf, New York, 2010, ISBN 1400042658, ISBN 978-1-4000-4265-4. pp 275-76.
  7. ↑ Taylor (2010), p. 275
  8. ↑ Taylor (2010), pp. 275-77
  9. 1 2 Schnurmann, Claudia. "His Father’s Favored Son: David Parish." In Immigrant Entrepreneurship: German-American Business Biographies, 1720 to the Present, vol. 1, edited by Marianne S. Wokeck. German Historical Institute. Last modified April 30, 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.