Charles D. Norton

Charles Dyer Norton (March 12, 1871 – March 6, 1923) was an American banker who served Assistant Secretary of the Treasury and Secretary to President William Howard Taft.

Charles D. Norton
Norton while Assistant Secretary of the Treasury, 1910
United States Assistant Secretary of the Treasury
In office
1909–1910
Preceded byLouis A. Coolidge
Succeeded byA. Piatt Andrew
Personal details
Born
Charles Dyer Norton

(1871-03-12)March 12, 1871
Oshkosh, Wisconsin
DiedMarch 6, 1923(1923-03-06) (aged 51)
New York City, New York
Political partyRepublican
Spouse(s)
Katherine McKim Garrison
(m. 1897; his death 1923)
Children3
Parent(s)Franklin Burroughs Norton
Harriet Arvilla Dyer
Alma materAmherst College

Early life

Norton was born on March 12, 1871 in Oshkosh, Wisconsin.[1] He was a son of the Rev. Franklin Burroughs Norton (1833–1895)[2] and Harriet Arvilla (née Dyer) Norton (1846–1921).[3] Through his mother, he was a direct descendant of Mary Dyer, the Quaker martyr, and of Roger Williams, founder of Rhode Island.[3]

He graduated from Amherst College with the class of 1893.[1] His father had graduated from Amherst in 1856.[2]

Career

Norton working at his desk, 1910.

Norton spent several years with Scribner's Magazine before becoming associated with the Northwest Mutual Life Insurance Company, eventually becoming general agent for the company in Chicago. He stayed with Northwest Mutual until 1909 when he became Assistant Secretary of the Treasury under President Taft's Secretary Franklin MacVeagh, replacing Louis A. Coolidge who served under President Roosevelt's Secretary George B. Cortelyou.[4] In 1910, Norton left the Treasury Department (and was succeeded by A. Piatt Andrew)[5] to become Secretary to President William Howard Taft, where he "organized the Commission on Economy and Efficiency which prepared the Government estimates on a budge basis for the first time." He worked for Taft for one year and was succeeded by fellow former Assistant Secretary of the Treasury, Charles D. Hilles.[1][6]

In 1911, he left the White House to become Vice President of the First National Bank of New York (which later became Citibank).[7] He replaced Thomas W. Lamont, who left to become a partner at J. P. Morgan & Co.[7] In 1918, Norton retired as vice president of the Bank, and became president of the First Security Company, an affiliated institution, succeeding George Fisher Baker who became chairman of the board.[8]

Norton was president of the Coal and Coke Railway Company, the New Gauley Coal Corporation and a vice president of the West Virginia Coal and Coke Company. He was a trustee of the Adams Express Company and a director of the American Railway Express Company, the First National Bank, Equitable Life Assurance Society, Montgomery Ward & Co., Delaware, Lackawanna and Western Coal Co., American Telephone and Telegraph Company among others.[1]

Philanthropy and volunteer efforts

Norton at a Red Cross Luncheon on General Scott's Lawn, 1917

While at the Treasury, Norton became a member of the Executive Committee and Treasurer of the American Red Cross as well as a trustee. In 1917, President Woodrow Wilson appointed him one of the five members of the Red Cross War Council, which assumed the management of the Red Cross in its war work. He also served as a trustee of the Russell Sage Foundation and was chairman of the Special Committee on Plan of New York and its Environs as well as the Metropolitan Museum of Art, the American Academy in Rome, and a trustee and treasurer of the American Federation of Arts.[1]

Personal life

In 1897, Norton was married to Katherine McKim Garrison (1873–1948) of Llewellyn Park in West Orange, New Jersey. She was a daughter of prominent editor and author Wendell Phillips Garrison and the poet Lucy (née McKim) Garrison. Katherine's grandfather was the prominent abolitionist William Lloyd Garrison and among her family were aunt Fanny Garrison Villard (wife of railroad tycoon Henry Villard) and maternal uncle Charles Follen McKim, the prominent New York architect. They were the parents of three children:

Norton died of complications from influenza on March 6, 1923 at 4 East 66th Street, his home in New York City.[1][14] At the time of his death, his eldest son was a senior at Harvard, his daughter was a senior at Smith, and his younger son was at Groton.[1] He was buried at Rosedale Cemetery in New Jersey. His widow, who never remarried, died in New York on February 8, 1948.

References

  1. "CHARLES D. NORTON, BANKER, DIES AT 53; Succumbs to Complications Following an Attack of Influenza. ACTIVE IN CIVIC WORK Once Assistant Secretary of Treasury and Secretary to President Taft". The New York Times. 7 March 1923. Retrieved 30 November 2021.
  2. "Franklin Burroughs Norton". Burlington Free Press. 17 April 1895. p. 3. Retrieved 2 December 2021.
  3. "MRS. NORTON PASSES TO BEYOND | Beloved Resident of City Leaves Host of Friends Here". The Pasadena Post. 28 May 1921. p. 9. Retrieved 2 December 2021.
  4. Times, Special to The New York (20 March 1909). "QUITS $50,000 JOB FOR $4,500 OFFICE; C.B. Norton of Chicago to be Second Assistant Secretary of Treasury. STUDIED BANKS IN EUROPE Hillis Prepares to Take a Place Under MacVeagh -- Reynolds Not Likely to be Disturbed". The New York Times. Retrieved 2 December 2021.
  5. "HILLES TO SUCCEED NORTON.; Will Go from the Treasury to be Taft's Secretary". The New York Times. 26 February 1911. Retrieved 2 December 2021.
  6. Taft, William H. (10 March 1923). "CHARLES D. NORTON.; Chief Justice Taft Pays a Tribute to His Friend". The New York Times. Retrieved 1 December 2021.
  7. "CHARLES D. NORTON IN FIRST NATIONAL; Taft's Secretary to be Made Vice President as Soon as He Is Ready to Go to Work". The New York Times. 2 March 1911. Retrieved 1 December 2021.
  8. "FEW CHANGES IN BANK DIRECTORATES; James A. Stillman Made General Executive Manager of National City. WALTER H. TAPPEN CASHIER John P. Stevens Made Director of Hanover National;-Charles D. Norton Heads First Security Co". The New York Times. 9 January 1918. Retrieved 1 December 2021.
  9. Pace, Eric (11 September 1995). "Garrison Norton, 94, Assistant Secretary Of State and Navy". The New York Times. Retrieved 1 December 2021.
  10. "MISS LUCIA NORTON TO WED ON THURSDAY; Her Marriage to Alan C. Valentine Is to Take Place inGrace Church.LEILA MORANGE'S PLANSCeremony With Leland S. Hanson on April 19, With Reception atBronxville Field Club". The New York Times. 9 March 1928. Retrieved 1 December 2021.
  11. "LUCIA NORTON WEDS ALAN C. VALENTINE; Ceremony in Grace Church Is Performed by the Rev. Sherrard Billings. MISS BETTY PETERS BRIDE Wed to Kenneth S. Lindsay by the Rev. Dr. Norwood in St. Bartholomew's--Other Marriages". The New York Times. 16 March 1928. Retrieved 1 December 2021.
  12. Pace, Eric (11 May 1991). "C. McKim Norton, 84, Ex-Leader Of Regional Plan Group, Is Dead". The New York Times. Retrieved 1 December 2021.
  13. "Paul Woodruff Weds Lucia Norton". The New York Times. 1 January 1974. Retrieved 1 December 2021.
  14. "CHARLES D. NORTON". The New York Times. 7 March 1923. Retrieved 30 November 2021.
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