What is henry p davison?

Henry P. Davison was an American banker and philanthropist, born on June 9, 1867, in Troy, New York. He was one of the key figures in the Morgan banking family and played a significant role in the development of American finance, particularly in the early twentieth century. Davison was educated at the Starr King School for the Ministry and later at the Berkeley Episcopal Divinity School.

Davison started his banking career in the 1890s with the First National Bank of New York, which later became part of Citibank. In 1909, he joined J.P. Morgan & Co. as a partner and helped to create the Federal Reserve System, which was established to stabilize the country's banking system.

During World War I, Davison became an important figure in war finance as director of the United States war effort. He was responsible for organizing the sale of Liberty Bonds, which raised over $20 billion for the war effort. Davison was also a philanthropist, donating large sums of money to various charitable causes, including the American Red Cross and the YMCA.

After the war, Davison continued to serve the Morgan bank, and also became a member of the board of directors of various corporations, including the New York Life Insurance Company, General Electric Company, and the New York Times Company. He died on May 6, 1922, in New York City, at the age of 54. Davison was widely regarded as one of the most influential bankers of his time and a significant figure in American history.