Spencer Trask, American financier and philanthropist (b. 1844)
Spencer Trask (September 18, 1844 – December 31, 1909) was an American financier, philanthropist, and venture capitalist. Beginning in the 1870s, Trask began investing and supporting entrepreneurs, including Thomas Edison's invention of the electric light bulb and his electricity network. In 1896 he reorganized The New York Times, becoming its majority shareholder and chairman.
Along with his financial acumen, Trask was a generous philanthropist, a leading patron of the arts, a strong supporter of education, and a champion of humanitarian causes. His gifts to his alma mater, Princeton University, set a lecture series in his name that still continues to this day. He was also an initial trustee of the Teachers' College (now Teachers College, Columbia University) and St. Stephen's College (now Bard College).
1909Dec, 31
Spencer Trask
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Events on 1909
- 9Jan
Nimrod Expedition
Ernest Shackleton, leading the Nimrod Expedition to the South Pole, plants the British flag 97 nautical miles (180 km; 112 mi) from the South Pole, the farthest anyone had ever reached at that time. - 28Jan
Guantanamo Bay Naval Base
United States troops leave Cuba with the exception of Guantanamo Bay Naval Base after being there since the Spanish-American War. - 22Feb
Great White Fleet
The sixteen battleships of the Great White Fleet, led by USS Connecticut, return to the United States after a voyage around the world. - 31Mar
Bosnia and Herzegovina
Serbia accepts Austrian control over Bosnia and Herzegovina. - 27Apr
Abdul Hamid II
Sultan of Ottoman Empire Abdul Hamid II is overthrown, and is succeeded by his brother, Mehmed V.