Enoch White Clark | |
---|---|
Born | Easthampton, Massachusetts, US | November 16, 1802
Died | August 4, 1856 Philadelphia, Pennsylvania, US | (aged 53)
Enoch White Clark (November 16, 1802 – August 4, 1856) was the founder of E. W. Clark & Co.,[1] a prominent financial firm based in Philadelphia, Pennsylvania, that helped the U.S. government finance the Mexican–American War. In 1857, Clark was listed as one of Philadelphia's 25 millionaires.[2]
Clark also launched the financial career of Jay Cooke, who helped finance the Union's war effort in the Civil War and establish a true national currency.
E. W. Clark & Co., investment banking and brokerage house, is observing its 100th anniversary today. Founded in Philadelphia as a private bank on February 15, 1837, the firm has been continuously under the direction of its founder, Enoch White Clark, and his descendants. Of the present eight partners, three are grandsons and four great grandsons. One of the early partners of the firm was Jay Cooke.