Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 148,489 pages of information and 233,926 images on early companies, their products and the people who designed and built them.

Daniel Willis James

From Graces Guide

Revision as of 03:48, 12 March 2016 by Ait (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

of Phelps, James and Co

Daniel Willis James (1832-1907) was the son of an American merchant who with his cousin, William Earl Dodge, Jr., transformed Phelps, Dodge and Co. from a predominantly mercantile business into one of the largest copper producers in the world.

1832 April 15th. Born in Liverpool, the son of American merchant, Daniel James, who was domiciled in England. His mother, Elizabeth Woodbridge (Phelps), died in 1847 and two years later his father remarried. In that same year James moved to New York to further his education and work in the family business of Phelps, Dodge. The company was run by Anson Greene Phelps and three of his sons-in-law: In New York William Earl Dodge Sr. and James Stokes, and in the UK Daniel James. The primary trade was importing metals to America and exporting cotton to the UK. They had subsidiary interests in lumber, property, railroad and manufacturing. By the time Phelps died in 1853 James had a 5% share in the business. As the years progressed, this increased until he and his cousin, William E. Dodge, Jr., were the sole partners.

In 1880 the president of the Detroit Copper Mining Company at Morenci, William Church, asked Phelps, Dodge for financial assistance. The partners appointed Dr James Douglas to inspect the mines and give his opinion on the viability. He reported back that Morenci had potential and was even more enthusiastic about the Bisbee area. The partners asked Douglas to work for them and gave him the choice of a flat fee or a 10% interest in the mining operation; Douglas took the latter. Despite early setbacks the mines eventually became highly productive and highly profitable.

Transportation to and from the mines was a problem so the partners built their own railroad called the El Paso and Southwestern Railroad. They next purchased the El Paso and Northeastern Railroad to secure delivery from their coal mines in Dawson, New Mexico to their smelting plants. Eventually they had more than 1000 miles of track.

By 1906, Phelps, Dodge & Co. had wound up their old mercantile business to concentrate on the production of copper and copper wire.

James served on the board of other large U.S. corporations, including the Northern Pacific Railroad Company, the Arizona, El Paso and Southwestern Mining Company, and the Ansonia Clock Company. He also served as vice president and director of the Copper Queen Consolidated Mining Company in Bisbee, Arizona.

According to one historian, James was "a genuinely good man of impeccable character, a secret philanthropist, whom Charles Parkhurst said loved everything in the universe 'from God down to the newsboy.'" He donated the Union Square Drinking Fountain in New York.

In 1885, his family built a summer home in Madison, New Jersey, and James there built a park and a free library, believing the latter would be "a means of public enjoyment and benefit."

James married Ellen S. Curtiss, with whom he had a son, Arthur Curtiss James. James died at the Mount Washington Hotel, Bretton Woods, New Hampshire, in September 1907, one of the hundred wealthiest Americans, having left a large fortune estimated at $26 million (U.S. dollars). Included were bequests to charities and religious institutions of $1,195,000. The library James built in Madison, New Jersey, is the home of the Museum of Early Trades and Crafts

1907 September 13th. Died

See Also


Sources of Information