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Charles Ranlett Flint

January 01, 1970

Charles Ranlett Flint (January 24, 1850 – February 26, 1934) was the founder of the Computing-Tabulating-Recording Company which later became IBM. For his financial dealings, he earned the moniker "Father of Trusts".[1][2] He was an avid sportsman and member of the syndicate that built the yacht Vigilant, that was the U.S. defender of the eighth America's Cup and was the owner of the yacht Gracie.[3][4]

Charles Ranlett Flint
Flint in 1907
Born(1850-01-24)January 24, 1850
Thomaston, Maine, U.S.
DiedFebruary 26, 1934(1934-02-26) (aged 84)
Washington, D.C., U.S.
Other namesComputer King
Alma materPolytechnic Institute of
Brooklyn (BS)
OccupationFinancial capitalist - founder of Computing-Tabulating-Recording Company
Spouses
  • Emma Kate Simmons
    ​
    ​
    (m. 1883; died 1926)​
  • Charlotte Reeves
    ​
    ​
    (m. 1927)​

Early life and education edit

Flint was born on January 24, 1850, in Thomaston, Maine.[5] His father, Benjamin Chapman, had changed the family name to Flint after being adopted by an uncle on his mother's side. The family moved from Maine to New York City where his father ran the family's mercantile firm Chapman & Flint, which had been founded in 1837.[6] Flint married the composer Kate Simmons in 1883.[7]

In 1868, Charles Flint graduated from Brooklyn Polytechnic Institute, which is now New York University Tandon School of Engineering, in Brooklyn. In 1871, he entered the shipping business as a partner in Gilchrest, Flint & Co., which became W. R. Grace and Company following a merger.

Career edit

From 1876 to 1879, he served as the Chilean consul in New York City. He also served as consul general to the United States for Nicaragua and Costa Rica.

In 1892, he consolidated several companies to form U.S. Rubber.[8] In 1893, he fitted out a fleet of naval ships for Brazilian Republic. He purchased the Esmeralda from the Chilean Navy and delivered it via Ecuador to Japan during the First Sino-Japanese War.[9] In 1899, he repeated the success he had in forming U.S. Rubber by consolidating Adams Chewing Gum, Chiclets, Dentyne, and Beemans to form American Chicle. He was also responsible for the formation of The American Woolen Company that year. Some newspapers began to refer to him as "the Rubber King".[10][11]

In 1911, he formed the Computing-Tabulating-Recording Company through an amalgamation of stock acquisition of four companies: Tabulating Machine Company, International Time Recording Company, Computing Scale Company of America, and the Bundy Manufacturing Company.[12][13][14] Amalgamation was unusual at the time - Flint described it as an "allied" consolidation.[15] In 1924, CTR was re-christened as International Business Machines. Flint served on the board of directors of IBM until he retired in 1930.[16]

He died on February 26, 1934, in Washington, D.C.[17]

Legacy edit

Charles Flint was an avid sportsman and loved swimming, hunting, fishing, sailing, and aviation. He was one of seven founders of the Automobile Club of America.[18] He held the world water speed record.

His Time magazine obituary stated he negotiated the Wright brothers' first sales of airplanes overseas.[19] But it was the Wrights themselves, in sometimes contentious negotiations with Charles R. Flint & Co., who determined contract terms.[20]

Bibliography edit

  • Flint, Charles Ranlett (1923). Memories of an Active Life: Men, and Ships, and Sealing Wax. G.P. Putnam's Sons.
  • Flint, Charles Ranlett (1892). Industrial Combinations: Address by Charles R. Flint, Before the Commercial Club of Providence On the Evening of April 29th, 1892.
  • Flint, Charles Ranlett; James J. Hill; James H. Bridge; S. C. T. Dodd; Francis B. Thurber (1902). The Trust, Its Book: Being a Presentation of the Several Aspects of the Latest Form of Industrial Revolution. Doubleday, Page & Co. 21

References edit

  1. ^ Cashman, Sean Dennis (1984). America in the Gilded Age: From the Death of Lincoln to the Rise of Theodore Roosevelt. New York: New York University Press. p. 57. ISBN 978-0-8147-1387-7. OCLC 9762495.
  2. ^ "'Father of Trusts' Going Back to Work at 80; C.R. Flint Will Undertake Another Merger". The New York Times. January 21, 1930. Retrieved December 14, 2010.
  3. ^ "Charles R. Flint Head Of Trusts, Dies In Capital". Times Union. Brooklyn, New York. February 14, 1934. p. 8. Retrieved May 4, 2021.
  4. ^ "Charles R. Flint Secured By Chamber Of Commerce". Democrat and Chronicle. Rochester, New York. December 27, 1903. p. 19. Retrieved May 4, 2021.
  5. ^ . Time. February 16, 1925. Archived from the original on February 19, 2012.
  6. ^ Stinson, John: The Charles Ranlett Flint Papers, 1872–1930 June 11, 2007, at the Wayback Machine, New York Public Library, November 1991.
  7. ^ Simmons, Kate (February 14, 1934). "Times Union". Newspapers.com. Retrieved April 4, 2022.
  8. ^ Flint, Charles R. (1923). Memories of an Active Life: Men, and Ships, and Sealing Wax. G.P. Putnam's Sons. pp. 300–302.
  9. ^ John William Leonard; William Frederick Mohr; Frank R. Holmes (1907). Who's who in New York City and State. L.R. Hamersly Company. pp. 505.
  10. ^ "The Bicycle Trust". Cincinnati Commercial Tribune. July 29, 1899. Retrieved December 11, 2021.
  11. ^ "Millionaires". New York World. November 23, 1901. Retrieved December 11, 2021.
  12. ^ "Tabulating Concerns Unite: Flint & Co. Bring Four Together with $19,000,000 capital". The New York Times. June 10, 1911.
  13. ^ Bennett, Frank P.; Company (June 17, 1911). United States Investor. Vol. 22, Part 2. p. 1298 (26).
  14. ^ "IBM Archives: Frequently Asked Questions" (PDF). p. 28.
  15. ^ Flint (1923) p.312
  16. ^ "Flint, 81, Retires; 'Father of Trusts'. Passed 50 Years of His Life in Making Big Industrial Concerns From Small Units. Intends To Hunt and Fish. Woolen, Chicle, Rubber and Many Other Combinations Due to His Efforts. Arrived Here 65 Years Ago. Proud of Money-Making Mergers". The New York Times. February 19, 1931. Retrieved December 14, 2010.
  17. ^ "C. R. Flint is Dead. 'Father of Trusts'. Former Industrialist Was a Pioneer in Consolidation of Large Corporations. Helped Form U.S. Rubber. Retired at 78, but Returned to Activities Two Years Later. Owner of Speedy Yachts". The New York Times. February 14, 1934.
  18. ^ "Fifty Years in World Trade". The American Explorer. 94: 15. March 1924.
  19. ^ . Time. February 26, 1934. Archived from the original on November 25, 2010.
  20. ^ Crouch, Tom (1989). The Bishop's Boys (1 ed.). New York: W.W. Norton & Company. pp. 328–30, 331, 334–335, 337–338, 342, 346, 359, 360, 406, 440, 451–452. ISBN 0-393-02660-4.

External links edit

  • Works by or about Charles Ranlett Flint at Internet Archive
  • Charles Ranlett Flint at the IBM Archives

January 01, 1970
charles, ranlett, flint, january, 1850, february, 1934, founder, computing, tabulating, recording, company, which, later, became, financial, dealings, earned, moniker, father, trusts, avid, sportsman, member, syndicate, that, built, yacht, vigilant, that, defe. Charles Ranlett Flint January 24 1850 February 26 1934 was the founder of the Computing Tabulating Recording Company which later became IBM For his financial dealings he earned the moniker Father of Trusts 1 2 He was an avid sportsman and member of the syndicate that built the yacht Vigilant that was the U S defender of the eighth America s Cup and was the owner of the yacht Gracie 3 4 Charles Ranlett FlintFlint in 1907Born 1850 01 24 January 24 1850Thomaston Maine U S DiedFebruary 26 1934 1934 02 26 aged 84 Washington D C U S Other namesComputer KingAlma materPolytechnic Institute ofBrooklyn BS OccupationFinancial capitalist founder of Computing Tabulating Recording CompanySpousesEmma Kate Simmons m 1883 died 1926 wbr Charlotte Reeves m 1927 wbr Contents 1 Early life and education 2 Career 3 Legacy 4 Bibliography 5 References 6 External linksEarly life and education editFlint was born on January 24 1850 in Thomaston Maine 5 His father Benjamin Chapman had changed the family name to Flint after being adopted by an uncle on his mother s side The family moved from Maine to New York City where his father ran the family s mercantile firm Chapman amp Flint which had been founded in 1837 6 Flint married the composer Kate Simmons in 1883 7 In 1868 Charles Flint graduated from Brooklyn Polytechnic Institute which is now New York University Tandon School of Engineering in Brooklyn In 1871 he entered the shipping business as a partner in Gilchrest Flint amp Co which became W R Grace and Company following a merger Career editFrom 1876 to 1879 he served as the Chilean consul in New York City He also served as consul general to the United States for Nicaragua and Costa Rica In 1892 he consolidated several companies to form U S Rubber 8 In 1893 he fitted out a fleet of naval ships for Brazilian Republic He purchased the Esmeralda from the Chilean Navy and delivered it via Ecuador to Japan during the First Sino Japanese War 9 In 1899 he repeated the success he had in forming U S Rubber by consolidating Adams Chewing Gum Chiclets Dentyne and Beemans to form American Chicle He was also responsible for the formation of The American Woolen Company that year Some newspapers began to refer to him as the Rubber King 10 11 In 1911 he formed the Computing Tabulating Recording Company through an amalgamation of stock acquisition of four companies Tabulating Machine Company International Time Recording Company Computing Scale Company of America and the Bundy Manufacturing Company 12 13 14 Amalgamation was unusual at the time Flint described it as an allied consolidation 15 In 1924 CTR was re christened as International Business Machines Flint served on the board of directors of IBM until he retired in 1930 16 He died on February 26 1934 in Washington D C 17 Legacy editCharles Flint was an avid sportsman and loved swimming hunting fishing sailing and aviation He was one of seven founders of the Automobile Club of America 18 He held the world water speed record His Time magazine obituary stated he negotiated the Wright brothers first sales of airplanes overseas 19 But it was the Wrights themselves in sometimes contentious negotiations with Charles R Flint amp Co who determined contract terms 20 Bibliography editFlint Charles Ranlett 1923 Memories of an Active Life Men and Ships and Sealing Wax G P Putnam s Sons Flint Charles Ranlett 1892 Industrial Combinations Address by Charles R Flint Before the Commercial Club of Providence On the Evening of April 29th 1892 Flint Charles Ranlett James J Hill James H Bridge S C T Dodd Francis B Thurber 1902 The Trust Its Book Being a Presentation of the Several Aspects of the Latest Form of Industrial Revolution Doubleday Page amp Co 21References edit Cashman Sean Dennis 1984 America in the Gilded Age From the Death of Lincoln to the Rise of Theodore Roosevelt New York New York University Press p 57 ISBN 978 0 8147 1387 7 OCLC 9762495 Father of Trusts Going Back to Work at 80 C R Flint Will Undertake Another Merger The New York Times January 21 1930 Retrieved December 14 2010 Charles R Flint Head Of Trusts Dies In Capital Times Union Brooklyn New York February 14 1934 p 8 Retrieved May 4 2021 Charles R Flint Secured By Chamber Of Commerce Democrat and Chronicle Rochester New York December 27 1903 p 19 Retrieved May 4 2021 Coal Merger Time February 16 1925 Archived from the original on February 19 2012 Stinson John The Charles Ranlett Flint Papers 1872 1930 Archived June 11 2007 at the Wayback Machine New York Public Library November 1991 Simmons Kate February 14 1934 Times Union Newspapers com Retrieved April 4 2022 Flint Charles R 1923 Memories of an Active Life Men and Ships and Sealing Wax G P Putnam s Sons pp 300 302 John William Leonard William Frederick Mohr Frank R Holmes 1907 Who s who in New York City and State L R Hamersly Company pp 505 The Bicycle Trust Cincinnati Commercial Tribune July 29 1899 Retrieved December 11 2021 Millionaires New York World November 23 1901 Retrieved December 11 2021 Tabulating Concerns Unite Flint amp Co Bring Four Together with 19 000 000 capital The New York Times June 10 1911 Bennett Frank P Company June 17 1911 United States Investor Vol 22 Part 2 p 1298 26 IBM Archives Frequently Asked Questions PDF p 28 Flint 1923 p 312 Flint 81 Retires Father of Trusts Passed 50 Years of His Life in Making Big Industrial Concerns From Small Units Intends To Hunt and Fish Woolen Chicle Rubber and Many Other Combinations Due to His Efforts Arrived Here 65 Years Ago Proud of Money Making Mergers The New York Times February 19 1931 Retrieved December 14 2010 C R Flint is Dead Father of Trusts Former Industrialist Was a Pioneer in Consolidation of Large Corporations Helped Form U S Rubber Retired at 78 but Returned to Activities Two Years Later Owner of Speedy Yachts The New York Times February 14 1934 Fifty Years in World Trade The American Explorer 94 15 March 1924 Died Time February 26 1934 Archived from the original on November 25 2010 Crouch Tom 1989 The Bishop s Boys 1 ed New York W W Norton amp Company pp 328 30 331 334 335 337 338 342 346 359 360 406 440 451 452 ISBN 0 393 02660 4 External links editWorks by or about Charles Ranlett Flint at Internet Archive Charles Ranlett Flint at the IBM Archives Retrieved from https en wikipedia org w index php title Charles Ranlett Flint amp oldid 1219319161, wikipedia, wiki, book, books, library,

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