George W. Brackenridge


Book Description

George W. Brackenridge (1832–1920) was a paradox to his fellow Texans. A Republican in a solidly Democratic state, a financier in a cattleman's country, a Prohibitionist in the goodtime town of San Antonio, he devoted his energies to making a fortune only to give it to philanthropic causes. Indiana born, Brackenridge came to Texas in 1853, but left the state during the Civil War to serve as U.S. Treasury agent and engage in the wartime cotton trade. Later he settled in San Antonio, where he founded a bank and invested in railroads, utilities, and other enterprises. Some of Brackenridge's contemporaries never forgave him for his Civil War career, but others knew him as a public-spirited citizen, educator, and advocate of civil rights. He cared little for what others thought of him. Yet, he confided once in a rare interview that his fondest ambition was to leave the world a better place for his having lived in it. To this end, he gave generously of himself and his means. His best-known benefaction is Brackenridge Park, which he gave to the city of San Antonio, but most of his contributions were in the field of education. As regent of the University of Texas for more than twenty-five years, he gave the institution its first dormitory, a large tract of land in Austin, and innumerable smaller gifts. He also offered to underwrite the expenses of the University when Governor James E. Ferguson vetoed the appropriation bill for 1917–1919. Other educational institutions to benefit from his largess were the public schools of San Antonio, a Negro college in Seguin, and the University of Texas Medical Branch at Galveston. In addition, he assisted individual students, especially women, through scholarships and loans. Believing that the betterment of humanity lay in education, Brackenridge arranged for the continuation of his philanthropies. By his will he created the George W. Brackenridge Foundation, the first of its kind in Texas and one of the first in the United States. Marilyn McAdams Sibley's study of George W. Brackenridge is the first biography of an important and, for his time, unusual Texan. It presents new material concerning the Mexican cotton trade during the Civil War, on the beginnings of banking in Texas, and on higher education in Texas.




Single Star of the West


Book Description

Does Texas’s experience as a republic make it unique among the other states? In many ways, Texas was an “accidental republic” for nearly ten years, until Texans voted overwhelmingly in favor of annexation to the United States after winning independence from Mexico. Single Star of the West chronicles Texas’s efforts to maneuver through the pitfalls and hardships of creating and maintaining the “accidental republic.” The volume begins with the Texas Revolution and examines whether or not a true Texas identity emerged during the Republic era. Next, several contributors discuss how the Republic was defended by its army, navy, and the Texas Rangers. Individual chapters focus on the early founders of Texas—Sam Houston, Mirabeau B. Lamar, and Anson Jones—who were all exceptional men, but like all men, suffered from their own share of fears and faults. Texas’s efforts at diplomacy, and persistence and transformation in its economy, also receive careful analysis. Finally, social and cultural aspects of the Texas Republic receive coverage, with discussions of women, American Indians, African Americans, Tejanos, and religion. The contributors also focus on the extent that conditions in the republic attracted political and economic opportunists, some of whom achieved a remarkable degree of success. Single Star of the West also highlights how the Texas Republic was established on American political ideology. With the majority of the white settlers coming from the United States, this will not surprise many scholars of the era. In some cases, the Texans successfully adopted American political and economic ideology to their needs, while other times they failed miserably.




The Galveston Era


Book Description

The "Queen City" of Texas they called her—or the "Octopus of the Gulf." Galveston from 1845 to 1860 was the center of culture in Texas—or the monster with an economic strangle hold on all Texas trade. It was a gracious city with wide paved streets, impressive buildings, and neat gardens; yet it was also a pestilence-ridden place where no sanitary code was ever enforced and where one in every two children died before reaching maturity. Its citizens, avid for culture and knowledge, attended concerts and plays in great numbers and exhibited an eager interest in science and history; yet they could not be brought to support the school system. Galveston was a city where no person in need was ever left uncared for, where the sick and needy—strangers or friends—were succoured; yet no free Negro was safe from legalized abduction and forced enslavement, and the city served as a center for the revived African slave trade. Earl Fornell makes the charming, colorful, cosmopolitan, contradictory city of Galveston the focal point of his study of the Texas Gulf Coast on the eve of the Civil War. The years 1845-1860 were crucial for this area; during that period the economy became more and more dependent upon slave labor, and thus the stage was set for secession. Dr. Fornell describes with clarity the interrelated events, the decisions, and the conflicts that went into the development of Galveston and the Texas Gulf Coast during these years. He portrays the people and their way of life. He introduces us to some of the notables who helped to shape the destiny of Texas: Sam Houston, the old general; Lorenzo Sherwood, the golden-tongued propounder of radical economic doctrines; Willard Richardson, Hamilton Stuart, Ferdinand Flake, and Edward Cushing, the newspapermen whose writing both reflected and guided the thought of their fellow citizens; Arthur Lynn, the British consul whose observing and compassionate nature brought him onto the stage of Galveston history with striking frequency and whose voluminous letters provide a rich source for historical details; and William Ballinger, a minor player on the stage but one whose conscience and interests mirrored those of many other thoughtful Galvestonians. Always present, affecting and affected by virtually every aspect of life on the Coast, the slave-labor problem grew ever more acute as the expanding railroad system laid more and more of the land open for development. Dr. Fornell shows with keen insight how it eventually forced Texans into a position where conflict with the federal government was unavoidable and the decision to secede from the Union inevitable. The late Earl W. Fornell, a native of Wisconsin, held B.A. and M.A. degrees in political science from the New School for Social Research, the M.A. degree in political history from Columbia University, and the Ph.D. degree in political history from Rice University. He taught at Columbia, Amarillo College, Rice, and Lamar State College of Technology.




A Banking History of Texas, 1835-1929


Book Description

The history of banking in Texas from the Republic era through the Great Depression is a tale of uncertainty, distrust and confusion, but it is not without a cast of heroic figures. This is the story of the pioneering institutions and individuals that laid the foundation for the current system of banking in Texas, despit enormous legislative and economic obstacles. The Texas Revolution, repeated constitutional prohibitions on banks, civil war and unstable economic conditions hampered the development of an established system of dependable institutions. From the embattled history of the first bank chartered in Mexican Texas (The Commercial & Agricultural Bank) to far more obscure firms, the essential facts are here. The product of years of research drawing on primary documents, this work has been cited extensively in subsequent works relating to Texas and southern banking. Originally published in 1930 by the Fort Worth National Bank upon the death of the bank's founding father, this title has been out-of-print since. This new edition has been wholly revised and re-designed for improved readability.




Pesos and Dollars


Book Description

The commercial world of South Texas between 1880 and 1940 provided an attractive environment for many seeking to start new businesses, especially businesses that linked the markets and finances of the United States and Mexico. Entrepreneurs regularly crossed the physical border in pursuit of business. But more important, more complex, and less well-known were the linguistic, cultural, and ethnic borders they navigated daily as they interacted with customers, creditors, business partners, and employees. Drawing on her expertise as a bankruptcy lawyer, historian Alicia M. Dewey tells the story of how a diverse group of entrepreneurs, including Anglo-Americans, ethnic Mexicans, and European and Middle Eastern immigrants, created and navigated changing business opportunities along the Texas-Mexico border between 1880 and 1940.




A Man Absolutely Sure of Himself


Book Description

This is the first full biography of George Washington Littlefield, the Texas and New Mexico rancher, Austin banker and businessman, University of Texas regent, and philanthropist. In just two decades, Littlefield’s business acumen vaulted him from debt to inclusion in 1892 on the first list of American millionaires. A Man Absolutely Sure of Himself is a grand retelling of the life of a highly successful entrepreneur and Austin civic leader whose work affected spheres from ranching and banking to civic development and academia. Littlefield’s cattle operations during the open range and early ranching periods spanned a domain in New Mexico and Texas larger than the states of Delaware and Connecticut combined. In a unique contribution to ranching art, Littlefield commissioned murals and bronze doors depicting scenes from his ranches to decorate Austin’s American National Bank, which he led for its first twenty-eight years. Gracy provides new information about Littlefield’s term as University of Texas regent and the necessity of choosing between friendship and duty during the university’s confrontation with Gov. James E. Ferguson. Proud of his Civil War service in Terry’s Texas Rangers, Littlefield funded one of the nation’s first centers for Southern history. He also underwrote the school’s purchase of its first rare book library and its training programs preparing troops for World War I’s new combat roles. Littlefield played a central role in advancing Austin from a cattleman’s town into the business center it wanted to become. His Littlefield Building, the tallest office building between New Orleans and San Francisco when it was built, served for a generation as the prime location of the town’s business community. Author David B. Gracy II, a relative of Littlefield, grounds his vivid prose in a lifetime of research into archival and family sources. His comprehensive biography illuminates an exceptional figure, whose life singularly illustrates the evolution of Texas from Southern to Western to American.




Money, Power, and the People


Book Description

An “engaging and well-researched study [of] ordinary people who joined together to challenge financial institutions” (Choice). Banks and bankers are hardly the most beloved institutions and people in this country. With its corruptive influence on politics and stranglehold on the American economy, Wall Street is held in high regard by few outside the financial sector. But the pitchforks raised against this behemoth are largely rhetorical: We rarely see riots in the streets or public demands for an equitable and democratic banking system that result in serious national changes. Yet the situation was vastly different a century ago, as Christopher W. Shaw shows. This book upends the conventional thinking that financial policy in the early twentieth century was set primarily by the needs and demands of bankers. Shaw shows that banking and politics were directly shaped by the literal and symbolic investments of the grassroots. This engagement remade financial institutions and the national economy, through populist pressure and the establishment of federal regulatory programs and agencies like the Farm Credit System and the Federal Deposit Insurance Corporation. Shaw reveals the surprising groundswell behind seemingly arcane legislation, as well as the power of the people to demand serious political repercussions for the banks that caused the Great Depression. One result of this sustained interest and pressure was legislation and regulation that brought on a long period of relative financial stability, with a reduced frequency of economic booms and busts. Ironically, this stability led to the decline of the very banking politics that brought it about. Giving voice to a broad swath of American figures, including workers, farmers, politicians, and bankers alike, Money, Power, and the People recasts our understanding of what might be possible in balancing the needs of the people with those of their financial institutions.




Women and the Creation of Urban Life


Book Description

Those individuals remembered as the "founders" of cities were men, but as Elizabeth York Enstam shows, it was women who played a major role in creating the definitive forms of urban life we know today.