Financer of Brazilian navy dead according to the Dutch newspaper De Sumatra Post dated 7 March 1934

An item reported that at New York the banker Charles Ranlett Flint died in the age of 84 years.(1) H was known as the Father of Trusts and had been for years member of the firm Gilchrist, Flint&Co. During the war between China and Japan in 1895 bought he from Chile a cruiser and sold her making large profits to Japan. The Dutch newspaper Java Bode reported that he created an entire navy for the Brazilian Republic and was founder of the shipping line New York-San Francisco. As advisor of the US cabinet he was involved in the negotiations of selling warships included the twenty torpedo boats and submarines to the Russian government. In 1923 he published his biography. The newspaper De Indische Courant dated the 17^th February reported that he left a fortune of one or two hundred million US dollars.

Note

1. Charles Ranlett Flint (24 January 1850 Thomaston, Maine-26 February 1934), founder of the Computing-Tabulating-Recording Company a firm nowadays knows as IBM. His biography of 1923 is called Memories of an active life: Men, and ships, and sealing wax. G.P. Putnam’s Sons.