147:
395:
274:
532:
33:
242:
By 1865, he had begun banking and specialized in selling municipal, state, and government bonds. Relying on his bank president father's associations, his political acquaintances, and his own acumen, Yerkes became well-known as a businessman. While serving as a financial agent for the City of
254:
In an attempt to remain out of prison, he attempted to blackmail two influential
Pennsylvania politicians. The blackmail plan initially failed; the damaging information concerning the politicians was eventually made public and politicians, including then-President
259:, feared that the revelations might harm their prospects during the upcoming elections. Yerkes was promised a pardon if he would deny the accusations he had made. He agreed to these terms and was released after serving seven months in prison.
301:. There, he opened a stock and grain brokerage but soon became involved with planning the city's public transportation system. In 1886, Yerkes and his business partners used a complex financial deal to acquire control of the
503:. Yerkes employed complex financial arrangements similar to those that he had used in the United States to raise the funds necessary to construct the new lines and electrify the District Railway (known presently as the
421:, which were part of the loan exhibition of French art. Because the subject matter was controversial, Yerkes initially refused the works, but he soon changed his mind and acquired two Rodin marbles,
605:(1862–1947). In 1893 Müller-Ury painted from miniatures portraits of Yerkes's Quaker grandparents, Mr. and Mrs. Silas Yerkes. In 1906, his widow Mary Adelaide married playwright and raconteur
235:, Yerkes began his business career at the age of 17 as a clerk for a local grain brokerage. In 1859, aged 22, he began his own brokerage business and registered with the Philadelphia
1044:
1029:
1004:
247:
started a financial panic. Left insolvent and unable to make payment to the City of
Philadelphia, Yerkes was convicted of larceny and sentenced to thirty-three months in
500:
484:
1049:
439:
429:, for his Chicago mansion, the first two of Rodin's works known to have been sold to an American collector. Yerkes' art collection also included paintings by
496:
1034:
1019:
1009:
999:
243:
Philadelphia's treasurer, Joseph Marcer, Yerkes risked public money in a large-scale stock speculation. This speculation ended calamitously when the
779:
1024:
920:
227:
when he was five years old, and soon thereafter his father
Charles Tyson Yerkes Sr. remarried a non-Quaker and was therefore expelled from the
1014:
1039:
312:
In an effort to improve his public reputation, Yerkes decided in 1892 to fund the world's largest telescope after being lobbied by the
879:
812:
232:
146:
492:
187:
394:
511:
to become involved with the London underground railway. Yerkes did not live to see his London tube lines in operation. The now
414:
402:
597:
Pictures of Yerkes and his second wife Mary were painted by his favorite artist Jan van Beers (National
Portrait Gallery,
363:
a bill granting city councils the right to approve extended franchises. The so-called franchise war then shifted to the
937:
601:). His wife, the daughter of Thomas Moore of Philadelphia, was also painted in 1892 by the Swiss-born American artist
195:; June 25, 1837 – December 29, 1905) was an American financier. He played a part in developing mass-transit systems in
359:
vetoed the franchise bills. Yerkes renewed the campaign in 1897, and, after a hard-fought struggle, secured from the
309:
systems on the north and west sides. Yerkes was not averse to using bribery and blackmail to obtain his objectives.
273:
448:
398:
372:
248:
302:
444:
551:
376:
434:
831:
531:
869:
802:
536:
932:
410:
328:
320:
268:
909:
Detailed history of
Charles Yerkes' involvement in the Chicago elevated railways and street car system
305:
and then followed this with a series of further takeovers until he controlled a majority of
Chicago's
994:
989:
725:
602:
364:
360:
455:. In 1904, he published a two volume catalog of his collection, which by that time was in New York:
368:
348:
290:
278:
757:
913:
472:
356:
332:
316:
244:
228:
216:
57:
323:. He had intended initially to finance only a telescope but agreed eventually to fund an entire
908:
885:
875:
856:
818:
808:
762:
570:
282:
683:
665:
598:
559:
488:
294:
256:
161:
84:
475:
railway system after riding along the route of one proposed line and surveying the city of
587:
519:
opened in 1906, a few months after his death, and the
Charing Cross line (now part of the
516:
480:
452:
224:
555:
355:
Yerkes began a campaign for longer streetcar franchises in 1895, but
Illinois governor
306:
236:
367:— a venue in which Yerkes ordinarily thrived. A partially reformed council and Mayor
983:
784:
708:
606:
584:
564:
520:
512:
504:
418:
383:
80:
925:
971:
508:
382:
In 1899, Yerkes sold the majority of his
Chicago transport stocks and relocated to
336:
220:
96:
61:
297:
to obtain a divorce from his wife. Later that year, he remarried and relocated to
850:
833:
America's
Successful Men of Affairs: An Encyclopedia of Contemporaneous Biography
460:
Catalogue of paintings and sculpture in the collection of Charles T. Yerkes, esq.
371:, however, ultimately defeated Yerkes, with the swing votes coming from aldermen
324:
628:
626:
624:
622:
430:
313:
889:
507:). In one of his last great triumphs, Yerkes managed to thwart an attempt by
860:
822:
576:
340:
285:, that gave control of Chicago's intra-city transportation system to Yerkes.
100:
298:
196:
32:
476:
212:
200:
409:
While living in Chicago, Yerkes became an art collector, relying on
471:
In August 1900, Yerkes became involved with the development of the
530:
393:
272:
346:
In 1895, Yerkes purchased the Republican partisan newspaper, the
591:
709:"The Dream City: Invasion of Cupid's Realm ("The Wasp's Nest")"
401:'s 1892 painting "Invading Cupid's Realm", purchased after the
223:, on June 25, 1837. His mother, Elizabeth Link Yerkes, died of
836:. Vol. II. The New York Tribune Company. pp. 901–904
176:
170:
903:
352:, using the publication to publicize his political agenda.
852:
Charles Tyson Yerkes and the Chicago Transportation System
580:, in which Yerkes was fictionalized as Frank Cowperwood.
167:
413:(1846–1924) to advise him for his purchases. After the
231:. After finishing a two-year course at Philadelphia's
188:
179:
173:
788:. The Economist Newspaper Limited. December 20, 2014
558:. The events of Yerkes's life served as a model for
164:
139:
131:
114:
106:
92:
69:
39:
23:
135:Charles Tyson Yerkes Sr. and Elizabeth Link Yerkes
737:
962:Underground Electric Railways Company of London
855:. University of Chicago, Department of History.
660:
658:
656:
501:Great Northern, Piccadilly and Brompton Railway
485:Underground Electric Railways Company of London
804:Robber Baron: The Life of Charles Tyson Yerkes
281:fighting the "Allen bill", signed by Governor
632:
327:. He contributed more than $ 500,000 to the
8:
933:London Transport Museum Photographic Archive
417:, she tried to interest him in the works of
1045:American businesspeople convicted of crimes
921:University of Chicago - Biography of Yerkes
666:"Charles Tyson Yerkes - American financier"
497:Charing Cross, Euston and Hampstead Railway
277:Caricature from 1899 showing Chicago mayor
1030:People associated with transport in London
944:
31:
20:
1005:Central High School (Philadelphia) alumni
766:. New York. December 30, 1905. p. 2
331:to establish what would become known as
618:
554:in New York on December 29, 1905, of
7:
1050:19th-century American businesspeople
871:Charles Tyson Yerkes: Railway Tycoon
647:
609:; they were divorced the next year.
319:and University of Chicago president
688:www.encyclopedia.chicagohistory.org
938:Charles Yerkes in his office, 1900
14:
1035:History of the London Underground
728:in Yerkes art catalog (Volume II)
493:Baker Street and Waterloo Railway
1020:People associated with astronomy
1010:Businesspeople from Philadelphia
1000:American people of Dutch descent
807:. University of Illinois Press.
160:
145:
1025:American railway entrepreneurs
849:Harlan, Homer Charles (1975).
16:American financier (1837–1905)
1:
844:– via Internet Archive.
540:
914:Photograph of Charles Yerkes
415:Chicago World's Fair in 1893
403:Columbian Exposition of 1893
303:North Chicago Street Railway
1015:Businesspeople from Chicago
780:"Conquistador of Metroland"
774:– via Newspapers.com.
289:In 1881 Yerkes traveled to
1066:
1040:Deaths from kidney disease
926:Wall Street Journal Review
449:William-Adolphe Bouguereau
266:
249:Eastern State Penitentiary
124:Mary Adelaide Moore Yerkes
967:
958:
952:
947:
830:Hall, Henry, ed. (1896).
550:Yerkes died in the hotel
377:"Bathhouse" John Coughlin
219:, a district adjacent to
144:
30:
758:"Charles T. Yerkes Dead"
535:Charles Tyson Yerkes by
156:Charles Tyson Yerkes Jr.
121:Susanna Guttridge Yerkes
670:Encyclopedia Britannica
594:is named in his honor.
487:to take control of the
211:Yerkes was born into a
868:Sherwood, Tim (2009).
547:
483:. He established the
406:
286:
874:. The History Press.
801:Franch, John (2008).
534:
491:and the partly built
440:Pygmalion and Galatea
411:Sarah Tyson Hallowell
397:
329:University of Chicago
321:William Rainey Harper
276:
269:Chicago Traction Wars
110:Urban transit finance
365:Chicago City Council
361:Illinois Legislature
44:Charles Tyson Yerkes
948:Business positions
713:columbus.gl.iit.edu
523:) the next summer.
479:from the summit of
451:and members of the
369:Carter Harrison Jr.
349:Chicago Inter Ocean
279:Carter Harrison Jr.
233:Central High School
548:
473:London underground
437:painters, such as
407:
373:"Hinky Dink" Kenna
357:John Peter Altgeld
333:Yerkes Observatory
317:George Ellery Hale
287:
245:Great Chicago Fire
229:Society of Friends
217:Northern Liberties
58:Northern Liberties
978:
977:
968:Succeeded by
763:The Baltimore Sun
739:The Baltimore Sun
672:. April 16, 2024.
603:Adolfo Müller-Ury
283:John Riley Tanner
153:
152:
73:December 29, 1905
1057:
953:Preceded by
945:
893:
864:
845:
843:
841:
826:
797:
795:
793:
775:
773:
771:
744:
735:
729:
723:
717:
716:
705:
699:
698:
696:
694:
680:
674:
673:
662:
651:
645:
639:
630:
599:Washington, D.C.
560:Theodore Dreiser
545:
542:
527:Death and legacy
517:Piccadilly lines
489:District Railway
462:, New York, 1904
445:Jean-Léon Gérôme
423:Cupid and Psyche
295:Dakota Territory
257:Ulysses S. Grant
191:
186:
185:
182:
181:
178:
175:
172:
169:
166:
149:
76:
53:
51:
35:
21:
1065:
1064:
1060:
1059:
1058:
1056:
1055:
1054:
980:
979:
974:
964:
961:
956:
904:Chicago "L".org
900:
882:
867:
848:
839:
837:
829:
815:
800:
791:
789:
778:
769:
767:
756:
753:
748:
747:
736:
732:
724:
720:
707:
706:
702:
692:
690:
682:
681:
677:
664:
663:
654:
646:
642:
631:
620:
615:
552:Waldorf Astoria
543:
529:
481:Hampstead Heath
469:
453:Barbizon School
435:French academic
433:, works by the
392:
271:
265:
225:puerperal fever
209:
189:
163:
159:
127:
88:
78:
74:
65:
55:
49:
47:
46:
45:
26:
17:
12:
11:
5:
1063:
1061:
1053:
1052:
1047:
1042:
1037:
1032:
1027:
1022:
1017:
1012:
1007:
1002:
997:
992:
982:
981:
976:
975:
969:
966:
957:
955:(new position)
954:
950:
949:
943:
942:
941:
940:
930:
929:
928:
918:
917:
916:
911:
899:
898:External links
896:
895:
894:
881:978-0752446226
880:
865:
846:
827:
814:978-0252075179
813:
798:
776:
752:
749:
746:
745:
730:
726:Catalog nr. 13
718:
700:
675:
652:
640:
617:
616:
614:
611:
556:kidney disease
528:
525:
468:
465:
464:
463:
391:
390:Art collection
388:
307:street railway
264:
261:
237:stock exchange
215:family in the
208:
205:
151:
150:
142:
141:
137:
136:
133:
129:
128:
126:
125:
122:
118:
116:
112:
111:
108:
107:Known for
104:
103:
94:
90:
89:
79:
77:(aged 68)
71:
67:
66:
56:
43:
41:
37:
36:
28:
27:
25:Charles Yerkes
24:
15:
13:
10:
9:
6:
4:
3:
2:
1062:
1051:
1048:
1046:
1043:
1041:
1038:
1036:
1033:
1031:
1028:
1026:
1023:
1021:
1018:
1016:
1013:
1011:
1008:
1006:
1003:
1001:
998:
996:
993:
991:
988:
987:
985:
973:
963:
951:
946:
939:
936:
935:
934:
931:
927:
924:
923:
922:
919:
915:
912:
910:
907:
906:
905:
902:
901:
897:
891:
887:
883:
877:
873:
872:
866:
862:
858:
854:
853:
847:
835:
834:
828:
824:
820:
816:
810:
806:
805:
799:
787:
786:
785:The Economist
781:
777:
765:
764:
759:
755:
754:
750:
742:
740:
734:
731:
727:
722:
719:
714:
710:
704:
701:
689:
685:
679:
676:
671:
667:
661:
659:
657:
653:
649:
644:
641:
637:
635:
634:The Economist
629:
627:
625:
623:
619:
612:
610:
608:
607:Wilson Mizner
604:
600:
595:
593:
589:
586:
581:
579:
578:
573:
572:
567:
566:
565:The Financier
561:
557:
553:
538:
537:Jan van Beers
533:
526:
524:
522:
521:Northern line
518:
514:
510:
506:
505:District line
502:
498:
494:
490:
486:
482:
478:
474:
466:
461:
458:
457:
456:
454:
450:
447:and works by
446:
442:
441:
436:
432:
428:
424:
420:
419:Auguste Rodin
416:
412:
404:
400:
396:
389:
387:
385:
380:
378:
374:
370:
366:
362:
358:
353:
351:
350:
344:
342:
338:
335:, located in
334:
330:
326:
322:
318:
315:
310:
308:
304:
300:
296:
292:
284:
280:
275:
270:
262:
260:
258:
252:
250:
246:
240:
238:
234:
230:
226:
222:
218:
214:
206:
204:
202:
198:
194:
193:
184:
157:
148:
143:
138:
134:
130:
123:
120:
119:
117:
113:
109:
105:
102:
98:
95:
93:Occupation(s)
91:
86:
82:
81:New York City
72:
68:
63:
59:
54:June 25, 1837
42:
38:
34:
29:
22:
19:
972:Edgar Speyer
959:
870:
851:
838:. Retrieved
832:
803:
790:. Retrieved
783:
768:. Retrieved
761:
738:
733:
721:
712:
703:
691:. Retrieved
687:
684:"Newspapers"
678:
669:
643:
633:
596:
582:
575:
569:
563:
549:
509:J. P. Morgan
470:
459:
438:
426:
422:
408:
381:
354:
347:
345:
337:Williams Bay
311:
288:
253:
241:
221:Philadelphia
210:
207:Philadelphia
155:
154:
97:Entrepreneur
75:(1905-12-29)
62:Pennsylvania
18:
995:1905 deaths
990:1837 births
840:December 9,
770:December 9,
648:Hall (1896)
544: 1893
325:observatory
984:Categories
965:1902-1905
792:January 7,
613:References
562:'s novels
431:Frans Hals
399:Bouguereau
314:astronomer
267:See also:
50:1837-06-25
960:Chairman,
890:191810493
693:April 19,
577:The Stoic
571:The Titan
341:Wisconsin
140:Signature
132:Parent(s)
861:31237397
823:62679786
513:Bakerloo
384:New York
101:investor
85:New York
751:Sources
590:on the
427:Orpheus
299:Chicago
293:in the
263:Chicago
197:Chicago
115:Spouses
888:
878:
859:
821:
811:
741:(1905)
636:(2014)
588:Yerkes
585:crater
574:, and
499:, and
477:London
467:London
213:Quaker
201:London
87:, U.S.
64:, U.S.
291:Fargo
192:-keez
970:Sir
886:OCLC
876:ISBN
857:OCLC
842:2021
819:OCLC
809:ISBN
794:2016
772:2021
695:2021
592:Moon
583:The
515:and
425:and
375:and
199:and
99:and
70:Died
40:Born
443:by
190:YUR
171:ɜːr
986::
884:.
817:.
782:.
760:.
711:.
686:.
668:.
655:^
621:^
568:,
541:c.
539:,
495:,
386:.
379:.
343:.
339:,
251:.
239:.
203:.
177:iː
83:,
60:,
892:.
863:.
825:.
796:.
743:.
715:.
697:.
650:.
638:.
546:.
405:.
183:/
180:z
174:k
168:j
165:ˈ
162:/
158:(
52:)
48:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
