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3 James Buchanan Duke (Early Life (Carrer (He is an American industrialist…
3 James Buchanan Duke
Early Life
Birth
December 23, 1856
Death
October 10,1925
in New York
Family
wife
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kids
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silblins
Benjamin Duke
parents
Washington Duke
Education
Trinity College
Carrer
He is an American industrialist
cigarette manufacturer
philanthropist
President of Americas tobacco company
The Duke family contributed heavily to Trinity College
helped to organize the American Snuff Company and the American Cigar Company
He was shut down by the Supreme Court because he was considered a monopoly.
industry
tabacco
American tobacco company
largest cigarette maker in the world
it was a monopoly
it was dissovled
broke down into smaller companies by the supreme court
When the principal American cigarette-manufacturing companies merged
started out as W. Duke Sons and Company
he invested into machine made cigarettes
American Snuff Company
Established in 1900
Southern Power Co.
Today it is know as the Duke Power
Main power resource was the Saguenay River
Philanthropy
wanted his power company to become more profitable before giving
created the Duke Endowment
15 trustees were assigned to govern the money
fund were given to education institutions, hospitals and orphanages
funded the Trinity College to where they changed the name to Duke University
supported the Davidson College, Furman University, and John C. Smith University