Frédéric Émile d'Erlanger
Frédéric Émile, Baron d'Erlanger | |
|---|---|
| Born | Template:Birth date Germany |
| Died | May 22, 1911 (aged 78) |
| Occupation(s) | Banker, financier, consul |
| Known for | Founder of Emile Erlanger & Co., French division of Erlanger banking firm |
Frédéric Émile, Baron d'Erlanger (19 June 1832 – 22 May 1911), originally named Friedrich Emil Erlanger, was a German-French financier and consul who founded the French division of the Erlanger banking firm, Emile Erlanger & Co.
Biography
Frédéric Émile was the firstborn son of banker Baron Raphael von Erlanger and Margarete Helene Albert. Raphael, whose father Ludwig Moritz Erlanger worked as a currency broker in Frankfurt, began his professional journey with the Rothschild family before establishing Erlanger & Söhne in 1848. By 1865, this bank had become a significant competitor to the Rothschilds in financial centers such as Frankfurt, Vienna, and Paris. Raphael received noble recognition as a Portuguese Baron in 1859, followed by honors from the Duke of Saxe-Meiningen in 1860, and was ultimately granted baronial status by Emperor Franz Joseph I of Austria in 1871.
Prior to Frédéric Émile’s birth, Raphael converted from Judaism to Christianity. Frédéric entered the banking sector at a young age and was appointed Consul General and fiscal agent for Greece in Paris under King Otto I at just 19 years old. He played a pivotal role in financial dealings involving Sweden and Portugal. His father’s Portuguese barony acknowledged Frédéric’s contributions, which were further recognized through additional noble distinctions and the Grand Cross of the Order of Franz Joseph.
Following a brief illness in 1853, Frédéric took a break from his professional duties to travel through Greece and Egypt. During this time, he encountered Ferdinand de Lesseps, the engineer behind the Suez Canal project, which sparked his interest. After recuperating, he joined his father’s Frankfurt banking house as a partner.
First marriage
On 30 June 1858, Friedrich Emil Erlanger wed Florence Louise Odette Lafitte (1840–1931), a Parisian socialite and granddaughter of Jacques Laffitte, a notable banker and former French Prime Minister. In 1859, d'Erlanger assumed control of the Paris banking firm, adopting the name Frédéric Émile Baron d'Erlanger. The marriage ended without offspring and was dissolved by divorce in December 1862.
Second marriage
Baron d'Erlanger married Marguerite Mathilde Slidell (1842–1927) on 3 October 1864. Marguerite was the daughter of prominent attorney and politician John Slidell and came from an affluent Creole background. She spent her early years on the Belle Pointe plantation near New Orleans before relocating to Paris. The couple constructed "Villa Erlanger" in Paris’s prestigious 16th arrondissement, where streets nearby were later named in their honor. Anticipating the outbreak of the Franco-Prussian War in 1870, they moved to London and transferred the bank’s headquarters there as well. D'Erlanger took up residence at 139 Piccadilly—formerly Lord Byron’s home—and became a naturalized British citizen permitted to retain his noble titles despite initial resistance.
They had four children: Raphael Slidell d'Erlanger (1865–1897), a zoologist who served as a professor at Heidelberg; Emile Beaumont d'Erlanger (1866–1939), who succeeded in managing the bank; Frédéric Alfred d'Erlanger (1868–1943), both a banker and celebrated composer; and François Rodolphe d'Erlanger (1872–1932), recognized as a musicologist and painter whose Tunisian residence now hosts the Centre des Musiques Arabes et Méditerranéennes. François’s son, Leo Frédéric Alfred Baron d'Erlanger (1898–1978), later assumed leadership of the family banking enterprise.
Career
Baron d'Erlanger established himself as a prominent banker in Paris, which was the leading financial hub of Europe during the late 1800s. He was a pioneer in issuing high-risk bonds for emerging nations and played a crucial role in resolving a banking crisis in Sweden during the 1850s, subsequently becoming the preferred banker for several Scandinavian governments. In 1862, Erlanger & Sons collaborated with Frankfurt's Sulzbach brothers to launch Egypt's inaugural government bond, also working together on railroad bond issues. His portfolio included investments in railroads and mining ventures across Africa, the Americas, and Europe, as well as government bonds from Russia and Tunisia, alongside Southern cotton during the American Civil War. Notably, he was among the few European financiers to support the southern states throughout the conflict.
During the late 1870s, Erlanger invested heavily in the British Alabama Great Southern Railway Company Limited, underwriting its acquisition of both the Alabama Great Southern Railway and the Cincinnati, New Orleans and Texas Pacific Railway (CNO&TP). This consolidation formed the expansive "Erlanger System," encompassing over 1,100 miles of railroad track. Additionally, he provided funding for the Swiss Simplon Tunnel, which was Europe's largest railway tunnel at that time. In 1884, Erlanger played a key role in backing the initial public offering of the Imperial Royal Austrian State Railways. Earlier, in 1870, he intervened to stabilize the House of Thurn und Taxis after it faced financial turmoil triggered by Belgian speculator André Langrand-Dumonceau.
Together with Paul Julius Reuter, founder of Reuters, Erlanger Ltd. financed a French transatlantic telegraph cable completed in 1869; his wife Mathilde notably sent its inaugural message. During an inspection tour of American railroads in 1889, they established what became known as the d'Erlanger Grant to support a hospital in Chattanooga, Tennessee—today's Erlanger Health System. The city of Erlanger, Kentucky also bears their name in recognition of their financial support.
By 1904, the Erlanger family divested from their Frankfurt operations by selling that branch to Dresdner Bank, shifting their focus towards French and British markets. This strategic realignment followed the deaths of influential family members Ludwig Gottlieb Friedrich von Erlanger (1836–1898), Viktor Alexander von Erlanger (1840–1896), and Carlo von Erlanger (1872–1904), as well as mounting competition from large trading banks and regulatory reforms that favored banks based in Berlin.
Culture
As influential patrons within the haute bourgeoisie and connected to international leaders, the d'Erlangers championed composers such as Richard Wagner, supporting performances like Tannhäuser at the Paris Opera following the Franco-Prussian War. Their cultural contributions included donating seventeenth-century allegorical tapestries portraying the Duke of Alba to Hampton Court Palace in Britain.
They also financed efforts to preserve Francisco de Goya’s murals from the Quinta del Sordo in 1873. These "Black Paintings," originally created on plaster walls, were meticulously transferred onto canvas. Although they received limited acclaim at the 1878 Paris Exposition, these masterpieces were ultimately gifted to Madrid's Museo del Prado in 1880.
In 1866, Baron d'Erlanger partnered with M. Armand Lalande to acquire Bordeaux’s esteemed Château Léoville-Poyferré for one million Francs, overseeing its successful management through to the 1890s.
In Italy, they leased Villa Foscari, a seventeenth-century residence designed by Andrea Palladio, commissioning restoration projects to preserve its historic character.
Frédéric Emile, Baron d'Erlanger passed away in Versailles on 22 May 1911. By that time, his second son, Baron Emile Beaumont d'Erlanger, had already assumed leadership of the banking enterprise.
Erlanger lineage
- Löb Moses, who later adopted the name Ludwig Moritz Erlanger (1780–1857), worked as a currency broker in Frankfurt am Main
- Raphael Erlanger (1806–1878) was honored with the titles Barão d'Erlanger by Pedro V of Portugal in 1859 and Freiherr von Erlanger by Emperor Franz Joseph I in 1871. He was a banker and politician based in Frankfurt and established the firm Erlanger & Sons
- Susanne Adolphine von Erlanger (1829–1843) married Franz Josef Carl Langenberger, a banking associate
- Frédéric Emile Baron d'Erlanger (1832–1911), a banker active in Frankfurt, Vienna, and Paris, founded „Emile Erlanger & Cie". He was married twice: first to Florence Louise Odette Lafitte, then to Marguerite Mathilde Slidell (1842–1927), daughter of John Slidell
- Raphael Slidell Baron d'Erlanger (1865–1897), specialized in zoology
- Emile Beaumont Baron d'Erlanger (1866–1939), combined careers as a banker and musician; married Catherine Robert d'Aqueria de Rochegude
- Robert (Robin) Emile Frédéric Regis Baron d'Erlanger (1896–1934), partner at Erlanger Ltd.; married Myrle Farquharson of Invercauld
- Zoe Caroline Georgia Baroness d'Erlanger (born 1930) wed Paul Cater Hyde-Thompson
- Liliane Mary Mathilde (Baba) Baroness d'Erlanger (1901–1945) married Prince Jean-Louis de Faucigny-Lucinge
- Gérard John Leo Regis Baron d'Erlanger (1905–1962), involved with Erlanger Ltd. and Myers & Co., married Gladys Sammut
- Robin Gérard Baron d'Erlanger wed Mary Elizabeth Josephine Pellew (b. 1947) in 1969, daughter of Pownoll Irving Edward Pellew, 9th Viscount Exmouth
- Penny Baroness d'Erlanger
- Mary Caroline „Minnie" Baroness d'Erlanger married Winston Churchill (1940–2010), grandson of Sir Winston Churchill
- Bianca Baroness d'Erlanger
- Robert (Robin) Emile Frédéric Regis Baron d'Erlanger (1896–1934), partner at Erlanger Ltd.; married Myrle Farquharson of Invercauld
- Frédéric Alfred Baron d'Erlanger (Freddy, 1868–1943), known both as a banker and composer
- Rodolphe François Baron d'Erlanger (1872–1932), painter, orientalist, and musicologist focusing on Arabic music; commissioned the construction of Ennejma Ezzahra Palace near Tunis; married Maria Elisabetta Contessa Barbiellini-Amidei
- Leo Frédéric Alfred Baron d'Erlanger (1898–1978), operated as a banker in London with Erlanger Ltd.; sold the bank in 1958 to Hill, Samuel & Co, which later became Philip Hill Higginson Erlanger Ltd.; married Edwina Prue
- Tess Edwina May Baroness d'Erlanger (1934–2008)
- Rodolphe Frédéric Baron d'Erlanger (1945–2000) married secondly in 1982 Lady Caroline Mary Cholmondeley, daughter of Hugh Cholmondeley, 6th Marquess of Cholmondeley
- Leo Frédéric Hugh d'Erlanger (born 1983)
- Joshua Robert David d'Erlanger (born 1987)
- Leo Frédéric Alfred Baron d'Erlanger (1898–1978), operated as a banker in London with Erlanger Ltd.; sold the bank in 1958 to Hill, Samuel & Co, which later became Philip Hill Higginson Erlanger Ltd.; married Edwina Prue
- Wilhelm Hermann Carl von Erlanger (1835–1909), ennobled as baron in 1872; served as justiciar at Erlanger & Sons, Frankfurt; married Caroline von Bernus, daughter of senator Franz von Bernus
- Franz Emil Alexander Baron von Erlanger (died 1918) married Christina Grottero
- Carlo Baron von Erlanger (1872–1904), ornithologist and explorer of Africa
- Ludwig Gottlieb Friedrich Baron von Erlanger (1836–1898), partner at Erlanger & Sons in Vienna and Frankfurt; divested the bank to Dresdner Bank in 1904; married Mathilde Gabriele Alexander, an opera singer known as Mathilde Sessi
- Espérance Baroness von Erlanger married Prince Alexander of Solms-Braunfels, a pioneer of balloon flight and Austrian IOC member from 1905
- Blanche Baroness von Erlanger
- Margarethe Baroness von Erlanger
- Viktor Alexander Baron von Erlanger (1840–1894), banker active in Vienna and London; partner at Erlanger & Sons until the bank's sale in 1904; married Henriette von Bognar
- Ludwig Baron von Erlanger (born 1862)
- Adolfine Baroness von Erlanger (born 1863) wed Count Alfred of Salm-Hoogstraeten
- Ida Helene Baroness von Erlanger (born 1865) married Count Otto of Salm-Hoogstraeten
- Victor Raphael Matheo Baron von Erlanger (born 1867)
- Marx Erlanger, later known as Christian Wilhelm Maximilian Erlanger, served as music director in Frankfurt
- Raphael Erlanger (1806–1878) was honored with the titles Barão d'Erlanger by Pedro V of Portugal in 1859 and Freiherr von Erlanger by Emperor Franz Joseph I in 1871. He was a banker and politician based in Frankfurt and established the firm Erlanger & Sons
See also
External links
- Photograph of Kate, daughter-in-law of Frédéric Emile Baron d'Erlanger
- Biography of Lady Galway, daughter of Frédéric Emile Baron d'Erlanger
- Image of Maria Elisabetha Cleopha Scholastica, daughter-in-law of Frédéric Emile Baron d'Erlanger
- Portrait of Marie Rosine d'Erlanger de St. Roman, daughter of Frédéric Emile Baron d'Erlanger and spouse Mathilde
- Erlanger Foundations