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 Edwin Goldsmith Whitney

Edwin Goldsmith Whitney

Albany, Albany County, New York, USA
Death 3 Dec 1880 (aged 68)
Chicago, Cook County, Illinois, USA
Burial Madison, Jefferson County, Indiana, USA
Plot Lot 9, Plat 1
Memorial ID 100009339 · View Source
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John of Jacob Whitney and Maria Goldsmith. Jacob was a native of Stow, Mass., and was one of the early settlers of Jefferson Co., IN. He died 10 Aug 1823 in Madison, Jefferson Co., IN and may possibly have been buried in the Old Third Street Cemetery. This cemetery was closed around 1900 and some markers were removed to various cemeteries. Jacob's marker has not been located.

Edwin Married Maria Gaven (Caven?) 31 July 1834 in Allegheny Co., PA
1853- President of Indiana Bank in Madison, Jefferson Co., IN
Information from Death Certificate:
Age 68
Nativity - New York
Place of death - Chicago
Cause - Drowning Lake Michigan (Suicide)
M. K. Glenson, M.D.
Died at Chicago, Ills
Burial date: 6 Dec 1880
C.Vail Undertaker
From The Madison Weekly Herald
8 Dec 1880

E.G. Whitney, late President of the First National Bank, committed suicide, by drowning in the lake, at Chicago on Friday last. The remains were brought to this city on Monday and deposited in the prepared sarcophagus in the Whitney lot, in Springdale Cemetery.
Madison Weekly Herald
15 Dec 1880

The Late E. G. Whitney and His Son

Special Columbus (Ind.) dispatch to the Cincinnati Commercial.

In 1872 there was established in this city a pork packing establishment by W. B. Whitney & Co., Whitney being a young and successful business man of Madison, and a son of E. G. Whitney, a wealthy banker, and President of the Indiana Bank. The first season of their business was a most successful one, and young Whitney came out over $50,000 richer than he was when he entered into the establishment. Emboldened by his success he became somewhat careless, as also did his father at Madison, who had so much confidence in his son's abilities that he allowed him to use his name and credit for any amount, little dreaming the misery that awaited him in the near future, his burden being made heavier by a son's ingratitude. In the summer of 1874 the Farmer's Bank was established here, with W. B. Whitney as President, he still remaining in the pork business, seeming apparently to have weathered the panic of 1873 untouched and unharmed, and he was about that time married to a miss Cutter, a wealthy young lady from either Vermont or Connecticut. In the winter of 1873 Whitney entered into pork-packing on a larger scale than ever before, hoping hereby to realize enough to place him entirely out of the reach of danger, but the effects of the effects of the fearful panic were still visible all over the country, and had only been creeping slowly upon this firm to come finally with a fearful crash that year, completely wrecking W. B. Whitney, his father, E. G. Whitney, his father-in-law, and badly crippling his uncle, Roland Whitney, of Louisville. His assets paid but a small percent on his liabilities, and he, with his young wife and aged father and mother, removed to Chicago, where he found employment as a common laborer in the stock-yards there, dipping now and then in some speculation, and subsequently going to New York city, where he now is. His mother was taken to the insane asylum shortly after the removal to Chicago, where she soon died.

This morning there was standing on the depot platform in this city a plain coffin-box, and on the lid the certificate of the health officer at Chicago, stating that it contained the remains of E. G. Whitney, who committed suicide by throwing himself in Lake Michigan, Dec. 3, 1880. What a sad and eventful history those few words contained to all acquainted with the record of the ponce possessor of those remains. Encouraged by the confidence he had in the ability of his only son, he allowed him the full and free use of his name and credit, only afterwards to find himself a ruined man, almost friendless and penniless, all caused by the recklessness of a loved son. His son was telegraphed for as soon as the suicide was discovered, but answered that he was too busy to come, and his brother, Roland Whitney, of Louisville, was telegraphed for and came on with the body, taking it to Madison, his old home, where it will be interred. At the time of his failure, old Mr. Whitney was the President of a bank in Madison, and only was he ruined, but several of his creditors.

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  • Created by: Karen Phillips
  • Added: 1 Nov 2012
  • Find A Grave Memorial 100009339
  • Find A Grave, database and images ( : accessed ), memorial page for Edwin Goldsmith Whitney (30 Nov 1812–3 Dec 1880), Find A Grave Memorial no. 100009339, citing Springdale Cemetery, Madison, Jefferson County, Indiana, USA ; Maintained by Karen Phillips (contributor 46884884) .