Who is W. Averell Harriman?

From Wikipedia

William Averell Harriman (November 15, 1891 – July 26, 1986) was an American Democratic Party politician, businessman, and diplomat. He was the son of railroad baron E. H. Harriman. He served as Secretary of Commerce under President Harry S. Truman and later as the 48th Governor of New York. He was a candidate for the Democratic Presidential Nomination in 1952, and again in 1956 when he was endorsed by President Truman but lost to Adlai Stevenson. Harriman served President Franklin D. Roosevelt as special envoy to Europe and served as the U.S. Ambassador to the Soviet Union and U.S. Ambassador to Britain. He served in various positions in the Kennedy and Johnson administrations.

Early life
William Averell Harriman was born in New York City, the son of railroad baron Edward Henry Harriman and Mary Williamson Averell, and brother of E. Roland Harriman. Harriman was a close friend of Hall Roosevelt (brother of Eleanor Roosevelt).

During the summer of 1899, Harriman's father organized the Harriman Alaska Expedition, a philanthropic-scientific survey of coastal Alaska and Russia that attracted twenty-five of the leading scientific, naturalist and artist luminaries of the day, including John Muir, John Burroughs, George Bird Grinnell, C. Hart Merriam, Grove Karl Gilbert, and Edward Curtis, along with 100 family members and staff, aboard the steamship George Elder. Young Harriman would have his first introduction to Russia, a nation that he would spend a significant amount of attention on in his later life in public service.

He attended Groton School in Massachusetts before going on to Yale where he joined the Skull and Bones society. He graduated in 1913. After graduating, he inherited the largest fortune in America and became Yale's youngest Crew coach.

Business affairs
Using money from his father he established W.A. Harriman & Co banking business in 1922. In 1927 his brother Roland joined the business and the name was changed to Harriman Brothers & Company. In 1931, it merged with Brown Bros. & Co. to create the highly successful Brown Brothers Harriman & Co.. Notable employees included George Herbert Walker and his son-in-law Prescott Bush.

Harriman's main properties included Brown Brothers & Harriman & Co, Union Pacific Railroad, Merchant Shipping Corporation, and venture capital investments that included the Polaroid Corporation. Harriman's associated properties included the Southern Pacific Railroad (including the Central Pacific Railroad), Illinois Central Railroad, Wells Fargo & Co., the Pacific Mail Steamship Co., American Shipping & Commerce, Hamburg-Amerikanische Packetfahrt-Actiengesellschaft (HAPAG), the American Hawaiian Steamship Co., United American Lines, the Guaranty Trust Company, and the Union Banking Corporation.

Thoroughbred racing
Following the death of August Belmont, Jr. in 1924, Harriman, George Walker, and Joseph E. Widener purchased much of Belmont's Thoroughbred breeding stock. Harriman raced under the name of Arden Farms. Among his horses, Chance Play won the 1927 Jockey Club Gold Cup. As well, he raced in partnership with Walker under the name Log Cabin Stable before buying him out. U.S. Racing Hall of Fame inductee Louis Feustel, trainer of Man o' War, trained the Log Cabin horses until 1926.

Of the partnership's successful runners purchased from the August Belmont estate, Ladkin is best remembered for defeating the European star Epinard in the International Special No. 2.

War seizures controversy
While Averell Harriman served as Senior Partner of Brown Brothers Harriman & Co., Harriman Bank was the main Wall Street connection for German companies and the varied U.S. financial interests of Fritz Thyssen, who had been an early financial backer of the Nazi party until 1938, but who by 1939 had fled Germany and was bitterly denouncing Adolf Hitler.

Business transactions for profit with Nazi Germany were not illegal when Hitler declared war on the US, but, six days after the attack on Pearl Harbor, President Franklin D. Roosevelt signed the Trading With the Enemy Act after it had been made public that U.S. companies were doing business with the declared enemy of the United States. On October 20, 1942, the U.S. government ordered the seizure of Nazi German banking operations in New York City.

The Harriman business interests seized under the act in October and November 1942 included:

Union Banking Corporation (UBC) (for Thyssen and Brown Brothers Harriman).
Holland-American Trading Corporation (with Harriman)
the Seamless Steel Equipment Corporation (with Harriman)
Silesian-American Corporation (this company was partially owned by a German entity; during the war the Germans tried to take the full control of Silesian-American. In response to that, American government seized German owned minority shares in the company, leaving the U.S. partners to carry on the portion of the business in the United States.)
The assets were held by the government for the duration of the war, then returned afterward. UBC was dissolved in 1951.

Diplomatic and political career
Harriman served President Franklin D. Roosevelt as special envoy to Europe, and was present at the meeting between Winston Churchill and the US president at Placentia Bay in August 1941. The outcome of this five-day meeting became known as the Atlantic Charter, a common declaration of principles of the US and the UK. He served as the US Ambassador to Soviet Union between 1943 and 1946 and the Ambassador to Britain in 1946.

In 1945, while Ambassador to the Soviet Union, Harriman was presented with a Trojan Horse gift. In 1952, the gift, a carved wood Great Seal of the United States, which had adorned "the ambassador’s Moscow residential office" in Spaso House, was found to be bugged.

He was later appointed the United States Secretary of Commerce under President Harry S. Truman to replace Henry A. Wallace, a critic of Truman's foreign policies. Harriman served between 1946 and 1948. He was then in Paris, where he was put in charge of the Marshall Plan, and had friendly relations with Irving Brown, a CIA agent charged of the international relations of the AFL-CIO. Harriman was then sent to Teheran in July 1951 to mediate between Persia and Britain in the wake of the Persian nationalization of the Anglo-Iranian Oil Company.

In the 1954 race to succeed Republican Thomas E. Dewey as Governor of New York, Harriman defeated Dewey's protege, U.S. Senator Irving M. Ives, by a tiny margin. He served as governor for one term until Republican Nelson Rockefeller defeated him in 1958. As governor, he increased personal taxes by 11% but his tenure was dominated by his presidential ambitions. Harriman was a candidate for the Democratic Presidential Nomination in 1952, and again in 1956 when he was endorsed by Truman but lost (both times) to Illinois governor Adlai Stevenson. Harriman was generally considered to be on the left or liberal wing of the Democratic party, hence his losing out to the more moderate Stevenson.

His presidential ambitions defeated, Harriman became a widely-respected elder statesman of the party. In January 1961, he was appointed Ambassador at Large in the Kennedy administration, a position he held until November, when he became Assistant Secretary of State for Far Eastern Affairs. In December 1961, Anatoliy Golitsyn defected from the Soviet Union and accused Harriman of being a Soviet spy, but his claims were dismissed by the CIA and Harriman remained in his position until April 1963, when he became Under Secretary of State for Political Affairs. He retained that position through the transition to the Lyndon Johnson administration until March 1965 when he again became Ambassador at Large. He held that position for the remainder of Johnson's presidency. Harriman was the chief US negotiator at the Paris peace talks on Vietnam.

Harriman is noted for supporting, on behalf of the State department, the coup against Vietnam president Ngo Dinh Diem in 1963. Johnson's confession in the assassination of Diem could indicate some complicity on Harriman's part.

Harriman received the Presidential Medal of Freedom in 1969 and West Point's Sylvanus Thayer Award in 1975.

Family life
His first marriage was to Kitty Lanier Lawrence, whom he had divorced before her death in 1936. He subsequently married Marie Norton Whitney, who left her husband, Cornelius Vanderbilt Whitney, to marry him. They remained married until her death in 1970.

His third and final marriage was in 1971 to Pamela Beryl Digby Churchill Hayward, the former wife of Winston Churchill's son Randolph, and widow of Broadway producer Leland Hayward. Harriman died in 1986 in Yorktown Heights, New York, aged 94. He and Pamela are buried at Arden Farm Graveyard in Arden, New York.

Summary of career
Vice President, Union Pacific Railroad Co., 1915-17
Director, Illinois Central Railroad Co., 1915-46
Member, Palisades Interstate Park Commission, 1915-54
Chairman, Merchant Shipbuilding Corp.,1917-25
Chairman, W. A. Harriman & Company, 1920-31
Partner, Soviet Georgian Manganese Concessions, 1925-28
Chairman, executive committee, Illinois Central Railroad, 1931-42
Senior partner, Brown Brothers Harriman & Co., 1931-46
Chairman, Union Pacific Railroad, 1932-46
Co-founded Today magazine with Vincent Astor, 1935-37 (merged with Newsweek in 1937)
Administrator and Special Assistant, National Recovery Administration, 1934-35
Founded, Sun Valley Ski Resort, Idaho, 1936
Chairman, Business Advisory Council, 1937-39
Chief, Materials Branch & Production Division, Office of Production Management, 1941
US Ambassador & Special Representative to the Prime Minister of the United Kingdom, 1941-43
Chairman, Ambassador & Special Representative of the US President's Special Mission to the USSR, 1941-43
US Ambassador to the USSR, 1943-46
US Ambassador, Britain, 1946
US Secretary of Commerce, 1946-48
United States Coordinator, European Recovery Program (Marshall Plan), 1948-50
Special Assistant to the U.S. President, 1950-52
US Representative and Chairman, North Atlantic Commission on Defense Plans, 1951-52
Director, Mutual Security Agency, 1951-53
Candidate, Democratic nomination for US President, 1952
Governor, State of New York, 1955-58
Candidate, Democratic nomination for US President, 1956
US Ambassador-at-large, 1961
United States Deputy Representative, International Conference on the Settlement of the Laotian, 1961-62
Assistant US Secretary of State, Far Eastern Affairs, 1961-63
Special Representative to the US President, Nuclear Test Ban Treaty, 1963
Under US Secretary of State, Political Affairs, 1963-65
US Ambassador-at-large, 1965-69
Chairman, President's Commission of the Observance of Human Rights Year, 1968
Personal Representative of the US President, Peace Talks with North Vietnam, 1968-69
Chairman, Foreign Policy Task Force, Democratic National Committee, 1976
Member, American Academy of Diplomacy Charter, Club of Rome, Council on Foreign Relations, Knights of Pythias, Skull and Bones Society, Psi Upsilon Fraternity and the Jupiter Island Club.