Joseph
Seligman
was
born in Baiersdorf, Germany, in 1819.
At the age of eighteen Seligman emigrated to the United States.
After settling in New York City Seligman
was originally a peddler and with his brothers founded a clothing
firm. Later he established the banking house, J. & W. Seligman.
As well as New York, Seligman had branches in San Francisco, New Orleans,
London, Paris and Frankfurt. During the Civil
War Seligman helped Abraham Lincoln
by marketing bonds in Europe.
In 1871 Seligman joined Samuel Tilden,
Thomas Nast and Richard
Croker in the successful campaign to remove the corrupt politician,
William Tweed, from power in New York.
Joseph Seligman died in 1880.
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