- George Herbert Walker
George Herbert "Bert" Walker (
June 11 ,1875 -June 24 ,1953 ) was a wealthy American banker and businessman. His daughter Dorothy marriedPrescott Bush , making him the grandfather of PresidentGeorge H. W. Bush and the great-grandfather of current PresidentGeorge W. Bush .Born in St. Louis,
Missouri , Walker was the youngest son ofDavid Davis Walker , adry goods merchant from Bloomington,Illinois , andMartha Adela Beaky . Ely, Walker & Company, which grew into a leading regional wholesaler, was later acquired byBurlington Industries . Walker spent part of his education inEngland atStonyhurst College . He ultimately graduated from college in 1897 fromWashington University in St. Louis .In 1900, he started a banking and investment firm named
G. H. Walker & Co. His family had developed many international banking contacts, and he helped organize the 1904St. Louis World's Fair . Walker was known as the power behind the local Democratic Party.In 1920, Walker became the President of the W.A. Harriman & Co. investment firm, and quickly arranged the credits that
Averell Harriman needed to take control of theHamburg-Amerika Line . Walker also organized the American Ship and Commerce Corp. to be subsidiary of the W.A. Harriman & Co., with contractual power over the affairs of the Hamburg-Amerika. W.A. Harriman & Co., well-positioned for this enterprise and rich in assets from their German and Russian business, merged with the British-American investment houseBrown Bros. & Co. on January 1, 1931. Walker retired to his own G.H. Walker & Co. This left the Harriman brothers, his son-in-lawPrescott Bush and Thatcher M. Brown as senior partners of the new firm ofBrown Brothers Harriman & Co. (The London, England based branch continued operating under its historic nameBrown, Shipley & Co. ) Walker was a director of the W.A. Harriman & Company; Harriman Fifteen, American International Corporation; Georgian Manganese Corporation; Barnsdall Corporation; American Ship & Commerce Corporation;Union Banking Corporation ; G.H. Walker & Company;Missouri Pacific Railroad ; Laclede Gas and the New Orleans, Texas and Mexico Railroad.In addition to his business concerns, Walker was also a golf enthusiast and a President of the
United States Golf Association (USGA). The USGA'sWalker Cup (the famous biennial golf match) acquired Walker's namessake for his role in the event's creation. His son-in-law, Prescott Bush was a member of the executive committee of the USGA, serving successively as Secretary, Vice President and President, 1928-1935. He also coheaded the syndicate, (withW. Averell Harriman ), which rebuilt the famed sports venue ofMadison Square Garden and the Belmont Race Track, 1925. His brother-in-lawJoseph Walker Wear was one of the founders of theDavis Cup .Walker was the father of Dorothy Wear Walker,
New York Mets cofounderGeorge Herbert Walker, Jr. (S&B 1927),Memorial Sloan-Kettering Cancer Center CEO Dr.John M. Walker , Sr. (S&B 1931) (father of JudgeJohn M. Walker, Jr. ) andCIA agentLouis Walker (S&B 1936).Walker died in 1953 in
New York City ,New York , aged 78.
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