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date: 19 November 2019

Grundy, Joseph Ridgwaylocked

(13 January 1863–03 March 1961)
  • Ellis W. Hawley

Extract

Grundy, Joseph Ridgway (13 January 1863–03 March 1961), business leader, lobbyist, and senator, was born in Camden, New Jersey, the son of William Hulme Grundy, a woolens manufacturer, and Mary Lamb Ridgway. Reared in an upper-class Quaker home in Bristol, Pennsylvania, he received a part of his early education at the Moravian School for Boys (Lititz, Pa.) and subsequently spent three years at Swarthmore College (two in its preparatory division). In 1880 he made a grand tour of Europe and after his return began work for his father’s company. In 1885, after working in each of the mill’s operations, he became a wool buyer. Following his father’s death in 1893, he became the company’s head and also the principal stockholder in the Farmers National Bank of Bucks County, originally founded by his great-great-grandfather. Under his leadership, Grundy and Company prospered, soon making him a multimillionaire. He never married....

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