|Bush Family: Three Bushes (and then there was G. W.)
Samuel Prescott Bush (October 4, 1863 – February 8, 1948) was an American businessman and industrialist. He was the patriarch of the Bush political family. He was the father of U.S. Senator Prescott Bush, grandfather of former U.S. President George H. W. Bush, and great-grandfather of former U.S. President George W. Bushand Governor Jeb Bush.
Bush graduated from the Stevens Institute of Technology at Hoboken, New Jersey in 1884, where he played on one of the earliest regular college football teams. He took an apprenticeship with the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad at the Logansport, Indiana shops, later transferring to Dennison, Ohio and Columbus, Ohio, where in 1891 he became Master Mechanic, then in 1894 Superintendent of Motive Power. In 1899, he moved to Milwaukee, Wisconsin to take the position of Superintendent of Motive Power with the Chicago, Milwaukee & St. Paul Railroad.
In 1901, Bush returned to Columbus to be General Manager of Buckeye Steel Castings Company, which manufactured railway parts. The company was run by Frank Rockefeller, the brother of oil magnate John D. Rockefeller, and among its clients were the railroads controlled by E. H. Harriman. The Bush and Harriman families would be closely associated at least until the end of World War II. In 1908, Rockefeller retired and Bush became president of Buckeye, a position he would hold until 1927, becoming one of the top industrialists of his generation.
Bush was the first president of the Ohio Manufacturers Association, and cofounder of the Columbus Academy. Additionally, he was the co-founder of the Scioto Country Club, a golf club in Columbus, Ohio.
In the spring of 1918, banker Bernard Baruch was asked to reorganize the War Industries Board as the U.S. prepared to enter World War I, and placed several prominent businessmen to key posts. Bush became chief of the Ordnance, Small Arms, and Ammunition Section, with national responsibility for government assistance to and relations with munitions companies.
Bush served on the board of the Federal Reserve Bank of Cleveland (as well as of the Huntington National Bank of Columbus). In 1931, he was appointed to Herbert Hoover's President's Committee for Unemployment Relief, chaired by Walter S. Gifford, then-President of AT&T. He was once recommended to serve on the board of the Reconstruction Finance Corporation, but Hoover did not feel he was sufficiently known nationally.
Prescott Sheldon Bush (May 15, 1895 – October 8, 1972) was an American banker and politician. After working as a Wall Street executive investment banker, he represented Connecticut in the United States Senatefrom 1952 to 1963. A member of the Bush family, he was the father of President George H. W. Bush and the paternal grandfather of President George W. Bush and Governor Jeb Bush.
After his discharge in 1919, Prescott Bush went to work for the Simmons Hardware Company in St. Louis, Missouri.
The Bush family moved to Columbus, Ohio, in 1923, where Prescott briefly worked for the Hupp Products Company. In November 1923, he became president of sales for Stedman Products in South Braintree, Massachusetts. During this time, he lived in a Victorian house at 173 Adams Street in Milton, Massachusetts, where his son, George H. W. Bush, was born.
In 1924, Bush became vice-president of the investment bank A. Harriman & Co. where his father-in-law, George Herbert Walker was president. Bush's Yale classmates and fellow Bonesmen E. Roland Harriman and Knight Woolley also worked with the company.
In 1925, he joined the United States Rubber Company of New York City as manager of the foreign division, and moved to Greenwich, Connecticut.
In 1931, he became a partner of Brown Brothers Harriman & Co., which was created through the 1931 amalgamation of A. Harriman & Co with Brown Bros. & Co., (a merchant bank founded in Philadelphia in 1818) and with Harriman Brothers & Co. (established in New York City in 1927).
He was an avid golfer, and in 1935 was named head of the USGA.
From 1944–1956, Prescott Bush was a member of the Yale Corporation, the principal governing body of Yale University. He was on the board of directors of CBS, having been introduced to chairman William S. Paley around 1932 by his close friend and colleague W. Averell Harriman, who became a major Democratic Party power broker.
|George H. W. Bush
After graduating from Yale, Bush moved his young family to West Texas. His father's business connections proved useful as he ventured into the oil business, starting as an oil field equipment salesman for Dresser Industries, a subsidiary of Brown Brothers Harriman & Co., where Prescott Bush had served on the board of directors for 22 years. While working for Dresser, Bush lived in various places with his family: Odessa, Texas; Ventura, Bakersfield and Compton, California; and Midland, Texas. (According to eldest son George W. Bush, then age two, the family lived in one of the few duplexes in Odessa with an indoor bathroom, which they "shared with a couple of hookers".) Bush started the Bush-Overbey Oil Development company in 1951 and in 1953 co-founded the Zapata Petroleum Corporation, an oil company that drilled in the Permian Basin in Texas. In 1954, he was named president of the Zapata Offshore Company, a subsidiary which specialized in offshore drilling.
Shortly after the subsidiary became independent in 1959, Bush moved the company and his family from Midland to Houston. He continued serving as president of the company until 1964, and later chairman until 1966, when he won election to the U.S. House of Representatives. By that time, Bush had become a millionaire.
Barbara Pierce was born in Flushing, New York, on June 8, 1925, to Pauline (née Robinson; 1896–1949) and Marvin Pierce (1893–1969). She was raised in the suburban town of Rye, New York. Her father later became president of McCall Corporation, the publisher of the popular women's magazines Redbook and McCall's.
Buckeye Steel Castings was a Columbus, Ohio steelmaker best known today for its longtime president, Samuel P. Bush, who was the grandfather of President George H.W. Bush and great-grandfather of President George W. Bush.
Buckeye, named for the Ohio Buckeye tree, was founded in Columbus as the Murray-Hayden Foundry, which made iron farm implements. Finding success manufacturing iron railroad car couplers, the name changed to the Buckeye Automatic Car Coupler Company in 1891 and Buckeye Malleable Iron and Coupler Company in 1894. Eventually demand for stronger coupling assemblies led to a switch to steel and the name Buckeye Steel Castings.
The business was closely associated with rail baron E.H. Harriman and for some time was controlled by Frank Rockefeller, the brother of oil magnate John D. Rockefeller. In 1901 Buckeye hired Samuel Prescott "S.P." Bush as general manager. Bush, a graduate of Stevens Institute of Technology, had worked his way up from apprentice mechanic at the locally based Pittsburgh, Cincinnati, Chicago and St. Louis Railroad to superintendent of motive power at that railroad and, briefly, the Milwaukee Road. In 1908 Rockefeller departed and Bush took over as president, a job he would hold until 1928. During this period Bush became known as a top industrialist and had political influence in Washington, D.C..
Bush had an advanced business outlook for his day and implemented many modern management techniques as well as an unusually generous working environment.
In 1967, the parent company Buckeye International, Inc. was formed, and then acquired in 1980 by Worthington Industries through a stock merger. Worthington sold Buckeye Steel in 1999, but it went bankrupt in 2002.
The former president of Worthington, Donald Malenick, formed an investment group to purchase the assets of Buckeye, and has reopened the business as Columbus Steel Castings. Columbus Steel Castings closed in bankruptcy in 2016.