Seward daily gateway., 1930-09-30
DANIEL GUGGENHETM


 Daniel Guggenhem, who died Sunday, Was the guiding genius in the creation of of the largest enterprises in the history of this country. Important among these The American Smelling and Refin- ing Company of the worlds largest producers of metals.
 The Guggenhem enterprises and interests not only extended over wide field in the United States but penetrated into Alaska, Mexico, South America,
 After many years Mr. Guggenheim gradually withdrew from business until he had official nection with it. having transferred most of his respon abilities to his son, Harry F. Guggenheim
 During his active business career, MT. Guggen- helm gave much in philanthropies After his retire men he devoted himself to dispensing generously of his wealth in that direction, well in the promotion of aeronautics.
 The cultimation of his philanthopc activities was the formation in January 1924 of the Daniel and Flor ence Guggenheim Foundation created by himself his wife and their children. The foundation heavily endowed and its charter stated its purpose to be the promotion, through charitable and benevolent activ ties of the Welbeng of mankind turnout the world
 MT. Guggenheim's faith in the future of aviation prompted him in June 1925, to contribute $5OO0OO to establish school of aeronautics in the College of En- glneering of New York University It was his belief that aviation could be made real public utility rem derng vital service to the nations business and lc welfare as well as to its defense
 Ground for the school hardly had been broken when in January, 1926 he emphasized his belief in the importance of aviation by establishing the Daniel Gug genhelm Fund orthe promotion of aeronautics. He
 
 his son Harry F. Guggenheim as president, the trls tees of the fund included of national distinction in aviation, engineering, law and business
 Late III 1926 the fund financed countrywide tour of the North Pole airplane of Commander Richard E. Byrd for the purpose of focusing attention the de- Velopment of aircraft and the need of municipal air ports For the same purpose the fund sponsored the tour of Colonel Charles A. Lndbergh after his return rom his historic flight to Paris On that tour Colonel ndbergh visited at least city in each of the AS states fyng ms famous plane the Spirit of S Louis
 Born at Philadelphia, July 9, 1856, Daniel Guggen- nelm was the second eldest of seven sons off Meyer The latter had to this country from Switzerland with his father in 1847 Daniel received ms education in the schools of Philadelphia leaving nigh school at the age of 17 to return to Switzerland to take charge of the foreign branch of his fathers business, the manufacture of lace and embroidery.
 After eleven years, Daniel returned to the United States in 1884 his father in the meantime havng be- come interested in the mining business The firm of M euggenhem and Sons formed and in 1889 the family and business removed from Philadelphia
 The firms first venture in the smelting and re- Innlng of copper was with small smeter at Pueblo, Iclo. From this grew the extensive Guggenheim in- terests and enterprises
 Dan1el Guggenheim entered the mining business wtn the determination to learn it thoroughly Under the guidance of his father he faced all the harshps in cloental to prospecting and development of mining properties. He gained such knowedge of the hns ess naI ne was enabled to take the leadership of the tay interests in the declining years of his father
 Wnlle the Guggenheims active in the smet- ng ana reInlng of various metals the name was prin cpaly associated with copper At one period the aan ty ot copper handled and controlled by the firm was almost onehalf the total annual production
 Mr. Guggenhem credited with the success of many or the firms undertakings, but what was re- garded as the outstanding one was The American Smeltlng and Refining Company. He served that com pany for nearly 20 years president and later chair man of the board -''AA
 When exploiting the firms interests n soutb Amenca, Mr. Guggenheim's attention was directed to
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