Joseph Wharton - Washington Politics and Distinguished Guests

Washington Politics and Distinguished Guests

Over several decades, Wharton lobbied successfully in Washington, D.C. for tariff laws protecting U.S. manufacturing. He was a defender of large business and evolved into a staunch Republican. He successfully lobbied for the use of nickel in the U.S. coinage, but his lobbying for nickel tariffs was only partially successful, probably because he had a virtual monopoly on production in the U.S. In 1873 the world was in a very trying economic depression and many industrial firms went bankrupt. Wharton became widely known as a leader of the Industrial League of manufacturing concerns, and the main lobbyist and President of the American Iron and Steel Institute. He was a personal friend and consultant with several presidents including Grant, Hayes, and Harrison. Wharton entertained distinguished internationally-known guests such as biologists Thomas Huxley and Joseph Leidy, astronomer Samuel Langley, scientist Lord Kelvin, Senators James Blaine and Justin Morrill, industrialist Andrew Carnegie, and metallurgist Alfred Krupp. Wharton successfully lobbied for a bill in the Pennsylvania General Assembly supporting Limited Partnerships to allow more participation of capital in enterprises with risk.

Read more about this topic:  Joseph Wharton

Famous quotes containing the words washington, politics and/or guests:

    ... what a strange time it was! Who knew his neighbor? Who was a traitor and who a patriot? The hero of to-day was the suspected of to-morrow.... There were traitors in the most secret council-chambers. Generals, senators, and secretaries looked at each other with suspicious eyes.... It is a great wonder that the city of Washington was not betrayed, burned, destroyed a half-dozen times.
    M. E. W. Sherwood (1826–1903)

    Of course, in the reality of history, the Machiavellian view which glorifies the principle of violence has been able to dominate. Not the compromising conciliatory politics of humaneness, not the Erasmian, but rather the politics of vested power which firmly exploits every opportunity, politics in the sense of the “Principe,” has determined the development of European history ever since.
    Stefan Zweig (18811942)

    Women’s eyes are wanderers, and too often bring home guests that are very troublesome to them, and whom, once introduced, they cannot get out of the house.
    Samuel Richardson (1689–1761)