Biography
Born in Philadelphia, Daniel Guggenheim won a lead-silver price war with ASARCO in 1900, and the Guggenheims took over ASARCO in 1901. Daniel moved aggressively to add mining and smelting properties to the Guggenheim's mining empire. When World War I broke out in 1914, Daniel was ready to ramp up copper production worldwide to aid the Allied war effort—and the Guggenheim profits.
He was a member of the National Security League, the driving force for moving the then-neutral USA into World War I, which was headed by J.P. Morgan.
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