Harriman


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Related to Harriman: Edward Henry Harriman, Harriman State Park

Harriman

W(illiam) Averell. 1891--1986, US diplomat: negotiated the Nuclear Test Ban Treaty with the Soviet Union (1963); governor of New York (1955--58)

Harriman

 

a financial group in the USA. Its founder, Edward Henry Harriman (1848-1909), founded Harriman and Company, a bank and stock-market firm, in 1872. By 1909 he had taken control of major railroads. He left a fortune estimated as high as $600 million. His sons, W. A. (Averell) Harriman and E. R. Harriman, established control over large industrial and banking corporations and doubled the fortune they had inherited from their father. In 1911 they founded the bank Harriman Brothers and Company, which, after merging with another large New York bank, was renamed Brown Brothers Harriman and Company in 1931. After World War I (1914-18) they concluded an agreement with the Hamburg-American Line, a large German shipping line, bought up the stock of Austria’s largest bank, and began to mine a deposit of nonferrous metals in Poland.

During World War II (1939-45) the Harriman financial group was further consolidated, and close ties were established with the First National City Bank of New York, Morgan Guaranty Trust, and other New York and Chicago financial groups. Together with them, the Harrimans control a number of major American corporations, in which they own the controlling blocks of shares and hold directorial positions. According to 1965 data, the Harriman group controlled assets exceeding $5 billion, of which $1.8 billion was in banking and $3.3 billion in industry and transportation.

REFERENCES

Perlo, V. Imperiia finansovykh magnatov. Moscow, 1958. (Translated from English.)
Men’shikov, S. M. Millionery i menedzhery. Moscow, 1965.
Zorin, V. S. Nekoronovannye koroli Ameriki, 2nd ed. Moscow, 1967.

V. G. SARYCHEV

References in periodicals archive ?
When I got the call and heard the words 'HGTV Urban Oasis' on the other end, my ears went numb; I was in disbelief," said Harriman.
But when a long ball wasn't dealt with, Harriman again made the most of generous defending to fire in.
Education: A member of the Arkansas Bar Association, Harriman holds a law degree and a Bachelor of Arts from Fayetteville.
Harriman was a 50-year resident of Northboro before moving to Leominster two years ago.
But he just hung in there even as Harriman pushed for one final punch.
He then pulled the keys out of the ignition and punched Mr Harriman to the head.
On Monday, Pc Harriman, a Hinckley-based bobby with Leicestershire Constabulary for four years, received the Chief Constable's Commendation for bravery.
As she concludes her text by discussing the aftermath of the war for Roosevelt, Churchill, Winant, Murrow and Harriman, Olson allows an understanding that war exacts physical, mental, and emotional tolls on soldiers and citizens alike.
Mr Harriman expects staffing numbers to increase next year as demand for safety equipment and servicing grows.
The conflict between Otis and Harriman reveals a long and vibrant progressive tradition that extends back to the beginning of the twentieth century.
The Harriman HomeGoods lease is located in Harriman Commons located on Routes 6 and 17 in Orange County, NY.
Mrs Auckland also thanks us for printing the photo and story of her grandmother, Ada Jane Harriman, and her shop in Marsh Road.