Ben (died on Titanic), Murray, Isaac, Meyer (father), Dan (Mexican concessions), Solomon ($1000 tip in Plaza Hotel), Simon (Wyo. Senator who helped Ballinger, William (black sheep), [photo from Davis book].
Meyer was Swiss-Jewish immigrant of 1848 who was a tailor in Europe, sold shoe polish, household lye for soap, lace and embroidery, made $300,000 investing in railroad stocks
In 1880 bought Leadville, Colorado mines "A.Y. and Minnie" that struck silver and lead, and he ordered his 7 sons to learn about mining, sent Benjamin to Columbia to master smelting metallurgy, sent Solomon to University of Pennsylvania to study finance, sent Simon to Europe to learn French and Spanish
Built smelter at Pueblo Colorado and imported ore from Mexico
Daniel in 1890 won concessions in Mexico from Porfiro Diaz to build 3 smelters, explore and buy mines, import equipment duty-free, operate tax-free for 20 years
Guggenheims battled Rockefeller 1899-1901 for control of American Smelting and Refining Co. (ASARCO) and gained control with majority of stock
Created Guggenex 1903 to explore world-wide under leadership of John Hays Hammond, mining engineer who had helped Rhodes in South Africa
Owned 3 million acres of chicle ranches in Mexico for Ameican Chicle Co. to make chewing gum
Joined Bernard Baruch to form Continental Rubber Co. consortium 1904 to invest in rubber from guayule bush, later invested in Belgian Congo
Joined J. P. Morgan 1907 in the "Alaska Syndicate" to develop Kennecott Creek copper, built railroad 200 miles from sea to Kennecott, harbor breakwater, steamships, coal, forests, helped Secretary of Interior Richard Ballinger defeat opposition of Forest Service Gifford Pinchot 1909-1910 over the sale of federal coal lands to the syndicate
Davis, John H. The Guggenheims: an American Epic. New York: Morrow, 1978. 608 p.
Mumford, Lewis. Technics and Civilization. New York: Harcourt, 1934. 495 p.
Wilkins, Mira. The Emergence of Multinational Enterprise: American Business Abroad from the Colonial Era to 1914. Cambridge MA: Harvard University Press, 1970. 310 p.
