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218:. After working with East Ohio Gas and Rockefeller for two years, he established his own business in 1907, developing gas utilities which at the time were relatively underdeveloped and unconsolidated in Canada. He managed to secure natural-gas franchises in Manitoba, Canada, representing a group of New York investors. The syndicate was unable to complete its financing and went defunct. However, the Manitoba government was sufficiently impressed to allow Eaton to retain the franchises. Eaton formed a new holding company, the Canada Gas & Electric Corp, later consolidated into the Continental Gas & Electric Corp. in 1913.
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For decades Eaton was one of the most powerful financiers in the
American Midwest, and he was a colourful and often-controversial figure. He was chiefly known for his longevity in business, for his opposition to the dominance of eastern financiers in the America of his day, for his occasionally
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assuming the debts of Tower
International and Eaton receiving 45% of any profits from Tower International's future projects. In July 1972, Armand Hammer's financial wizard Dorman Commons, who was the chief financial officer at Occidental Petroleum in Los Angeles, estimated that the Moscow
44:
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After spending several years travelling, Eaton settled in
Cleveland in 1913 and became active in many businesses. Eaton joined the Otis & Co. banking firm in 1916. In 1926 he established the investment vehicle Continental Shares, Inc., a closed end trust. In 1927 he formed
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including four skyscrapers which would house Moscow's
International Trade Center, an eighteen hole golf course, a 600-room hotel, a 2,000-seat conference centre, numerous restaurants, apartments for foreigners, and an office complex. In early 1969,
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on World Peace, in 1957. He wrote numerous articles and essays on political and economic subjects—"Investment
Banking: Competition or Decadence?", "Rationalism Versus Rockefeller", and "A Capitalist Looks at Labour" being some of the best known.
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Eaton married twice. First, in 1907, Margaret House (1887-1956); then Anne Kinder Jones (1922-1992) in 1957. He had seven children: Margaret Grace, Mary Adelle, Elizabeth Ann, Anna Bishop, Cyrus S. Jr., Augusta Farlee, and MacPherson.
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Lee Eaton
Elementary School, Northfield Village, Ohio (The primary school on Ledge Rd. sits on twelve acres of land donated by Mr. Cyrus Eaton in memory of his first born daughter Margret G. Eaton also known as Lee by the
226:, the 3rd-largest U.S. steel company. His business had a complex structure which some felt to be too highly leveraged. His 1929 wealth was an estimated $ 100 million, most of which was lost in the Great Depression.
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Cyrus S. Eaton Sr., a multimillionaire industrialist who strongly advocated friendly relations with the
Communist world, died Wednesday night at his home, Acadia Farm, near Cleveland. He was 95 years old.
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failed. On July 31, 1972, Commons voiced his thoughts with Hammer after which Hammer fired
Commons effective August 1, 1972. During détente in July 1972, Armand Hammer negotiated a 20-year agreement with
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390:, who signed it just days before his death on April 18, 1955. A few days after the release, philanthropist Eaton offered to sponsor a conference (called for in the manifesto) in
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that was signed by Hammer in April 1973 in which the Hammer controlled firms
Occidental Petroleum and Tower International would export to the Soviet Union, and later Russia,
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because direct trade between the US and the Soviet Union was unthinkable. In the early 1960s, Tower
International proposed building numerous buildings in
429:. Upon his death in 1979, his Blandford estate was purchased by a group of businessmen from Germany. His summer home was destroyed in a fire in 2015.
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obtained control of Tower International through which Hammer would have a controlling majority stake in Tower International in exchange for Hammer's
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After graduating from McMaster he moved to Cleveland and went to work for the East Ohio Gas Company. This was one of many businesses associated with
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Besides financial support for the Pugwash Conferences, Eaton provided funds to support education in Nova Scotia, particularly in Pugwash and to
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where he had his ashes buried). He donated money for the doors of St. Bartholmus Church in Blandford and 12 acres (4.9 hectares) of land in
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166:, Canada. Besides farming, his father, Joseph Howe Eaton, ran a small general store and the district post office. Cyrus's uncle was
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and called for world leaders to seek peaceful resolutions to international conflict. The signatories included eleven preeminent
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Eaton died on May 9, 1979, at his home, Acadia Farm, in Northfield, Ohio. He had his ashes buried in Blandford, Nova Scotia.
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Eaton Estate, a housing development in Northfield Village, Ohio, which is built on the site of his former home Acadia Farm.
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580:"Cyrus Eaton, Industrialist, 95, Dies. Cyrus Eaton Dies at 95. Cleveland Industrialist Urged Links With Communists"
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ruthless financial manipulations, for his passion for world peace and for his outspoken criticism of United States
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Eaton rebuilt his fortune in the 1940s and 1950s, becoming a director (1943), then board chairman (1954), of the
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764:"Canada's Opportunity—A Progressive Programme for Nation-wide Prosperity Through Full Resource Development"
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527:, Cyrus Eaton World Trade Ltd. contributed to the opening up of trade between the Soviet Union and Canada.
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1075:"Book of Members, 1780-2010: Chapter E". American Academy of Arts and Sciences. Retrieved 7 April 2011
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after Rockefeller hired the young Eaton to be a messenger in Rockefeller's private telegraph room.
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An essay Eaton wrote in response to the Toronto Star asking him what his political views were.
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International Trade Center project would cost $ 100 million and would be a complete flop if
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Thinkers' Lodge, Pugwash, Nova Scotia, Canada; site of the first Pugwash conference in 1957
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investment banker, businessman and philanthropist, with a career that spanned 70 years.
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era, Eaton's son Cyrus Eaton Jr., established the Canadian firm Tower International in
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405:. He supported the establishment of a game sanctuary in Nova Scotia on the
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Kent State University Press, 2010; a biography, first published in 1966.
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Eaton was born on December 27, 1883, on a farm near the village of
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Canadian-American investment banker, businessman and philanthropist
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394:, Eaton's birthplace. This conference was to be the first of the
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335:, was the United States port through which this trade occurred.
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233:, and also board chairman of the West Kentucky Coal Co. (1953).
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who Cyrus Eaton met in 1901 when he was 17 and later became his
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Gravesite of the ashes of Cyrus Eaton, Deep Cove, Nova Scotia
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deal was to continue until Hammer's 100th birthday in 1998.
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who led a Cleveland congregation that included Mr. and Mrs.
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Chisholm, Patricia; Newman, Peter C. (November 13, 1989).
784:"Forging a Really Big Deal: A Tycoon's Son Makes His Mark"
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in 1958, and was the recipient of an honorary degree from
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Beautiful Upon the Mountain: A Portrait of Cyrus Eaton
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in 1969. The Pugwash Conferences and their chairman,
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Fellows of the American Academy of Arts and Sciences
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Cyrus Eaton Elementary School, Pugwash, Nova Scotia
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437:Eaton's 1950s efforts at rapprochement with the
396:Pugwash Conferences on Science and World Affairs
145:policy. He funded and helped organize the first
684:"Investment Banking: Competition or Decadence?"
133:(December 27, 1883 – May 9, 1979) was a
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249:from Eaton's Republic Steel in Cleveland for
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978:Dossier: The Secret History of Armand Hammer
210:Cyrus Eaton in Leipzig, Germany (June 1960)
1378:People from Cumberland County, Nova Scotia
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1108:(2). American Humanist Association: 92–93.
922:"Phosphate treasure draws little interest"
713:(2). American Humanist Association: 92–93.
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1403:Canadian expatriates in the United States
1388:20th-century American railroad executives
1346:Youngstown Sheet & Tube Co. v. Sawyer
183:Eaton left Nova Scotia in 1899 to attend
1334:NLRB v. Jones & Laughlin Steel Corp.
1023:. Windsor, Nova Scotia: Lancelot Press.
1433:Canadian emigrants to the United States
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616:"Industrialist Cyrus Eaton Dead at 95"
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374:. It highlighted the dangers posed by
187:, a Baptist-affiliated prep school in
1383:People of New England Planter descent
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447:American Academy of Arts and Sciences
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1423:Recipients of the Lenin Peace Prize
423:Cleveland Museum of Natural History
353:Cleveland Museum of Natural History
782:DeMont, John (November 13, 1989).
264:in 1954 during the United States'
25:
682:Eaton, Cyrus (February 2, 1944).
445:. He was elected a fellow of the
1209:Jones and Laughlin Steel Company
1145:Works by or about Cyrus S. Eaton
1098:"Rationalism versus Rockefeller"
730:University of Chicago Law Review
703:"Rationalism versus Rockefeller"
1438:Businesspeople from Nova Scotia
1041:Cyrus Eaton: Champion for Peace
920:Cristy, Matt (March 31, 1997).
427:Case Western Reserve University
1113:Eaton, Cyrus (5 August 1961).
726:"A Capitalist Looks at Labour"
451:Bowling Green State University
164:Cumberland County, Nova Scotia
65:Cumberland County, Nova Scotia
1:
1418:Businesspeople from Cleveland
1328:Memorial Day massacre of 1937
1204:Braniff International Airways
1116:"'America's Perilous Course'"
927:Jacksonville Business Journal
307:that would be converted into
1448:People from Northfield, Ohio
1096:Eaton, Cyrus (Summer 1945).
951:"The Prophet from Pugwash".
701:Eaton, Cyrus (Summer 1945).
199:university, then located in
1063:magazine February 24, 1930.
351:In 1920, Eaton founded the
231:Chesapeake and Ohio Railway
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1413:McMaster University alumni
1089:The Mike Wallace Interview
1038:Rudnicki, Richard (2016).
612:United Press International
360:Russell–Einstein Manifesto
1408:Colgate University alumni
1219:Youngstown Sheet and Tube
1015:Gibson, M. Allen (1977).
555:The A. N. Marquis Company
501:'s 1977 documentary film
245:To effect the trading of
41:
1009:The World of Cyrus Eaton
724:Evans, Cyril S. (1947).
550:Who's Who in the Midwest
523:Later, during the 1980s
504:The Prophet from Pugwash
409:(his summer home was in
1398:Canadian businesspeople
1264:Benjamin Franklin Jones
191:. Later he enrolled at
172:John D. Rockefeller Sr.
131:Cyrus Stephen Eaton Sr.
669:"Eaton, Cyrus Stephen"
621:The Milwaukee Sentinel
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411:Blandford, Nova Scotia
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88:Deep Cove, Nova Scotia
1044:. Nimbus Publishing.
932:Jacksonville, Florida
841:"To Russia with Cash"
497:He is the subject of
472:
398:, held in July 1957.
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333:Jacksonville, Florida
209:
1300:Trammell Crow Center
1254:James Anson Campbell
853:on November 24, 2020
392:Pugwash, Nova Scotia
370:in the midst of the
366:on July 9, 1955, by
329:Port of Jacksonville
283:Occidental Petroleum
168:Charles Aubrey Eaton
1323:Little Steel strike
1284:George Dennick Wick
1226:National Car Rental
973:Epstein, Edward Jay
957:, November 5, 1977.
898:, pp. 267–276.
874:, pp. 271–273.
829:, pp. 263–265.
817:, p. 268, 272.
457:, were awarded the
407:Aspotogan Peninsula
256:primarily from the
241:Tower International
216:John D. Rockefeller
193:McMaster University
147:Pugwash Conferences
115:McMaster University
58:Cyrus Stephen Eaton
1443:Canadian activists
1122:Toronto Daily Star
1007:Gleiser, Marcus,
585:The New York Times
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189:Woodstock, Ontario
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1185:Ling-Temco-Vought
1051:978-1-77108-396-6
1030:978-0-88999-073-9
459:Nobel Peace Prize
443:Lenin Peace Prize
441:won him the 1960
403:Acadia University
185:Woodstock College
135:Canadian-American
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61:December 27, 1883
16:(Redirected from
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671:. 30 July 2019.
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1368:1883 births
1125:. p. 7
1080:Cyrus Eaton
965:Works cited
553:. Chicago:
525:perestroika
305:natural gas
266:McCarthyism
247:sheet metal
124:Businessman
96:Nationality
76:May 9, 1979
36:Cyrus Eaton
18:Cyrus Eaton
1362:Categories
1293:Facilities
1279:James Ling
937:August 17,
857:August 17,
800:August 17,
627:2014-12-15
591:2014-12-15
535:References
384:scientists
321:fertilizer
258:Kazakh SSR
121:Occupation
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301:phosphate
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975:(1996).
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325:JaxPort
319:. This
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295:of the
288:détente
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421:, the
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315:, and
313:potash
251:chrome
746:JSTOR
511:Notes
465:Death
1131:2024
1061:Time
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425:and
419:YWCA
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