1929 Albert Henry Wiggin grabado por James McBey firmado por ambos

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Vendedor: zangroma ✉️ (2.109) 100%, Ubicación del artículo: New York, New York, US, Realiza envíos a: WORLDWIDE y muchos otros países, Número de artículo: 115730124917 1929 Albert Henry Wiggin grabado por James McBey firmado por ambos. a.imagelink {color:#0000FF;} a:hover.imagelink {color:#0000FF;} a:visited.imagelink {color:#800080;} a.imagelink img.auctionimage { border: 2px solid #0000FF; } a:visited.imagelink img.auctionimage { border: 2px solid #800080; }
This is a 1929 signed etching by James McBey (see bio below) which was gifted and inscribed from Albert H. Wiggin (see bio below) to Henry Bell, Esq. Measures 9.75" x 13.75". Slight surface soiling. See photos for condition.

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James McBey (23 December 1883 – 1 December 1959) was a largely self-taught artist and etcher whose prints were highly valued during the later stages of the etching revival in the early 20th century. He was awarded an Honorary Doctor of Letters by Aberdeen University.   Early years McBey was born in Newburgh, Aberdeenshire, Scotland, educated at his village school, and at the age of 15 years became a clerk in a local bank. After reading an article on etching in an art magazine, he borrowed from Aberdeen public library Maxime Lalanne’s treatise on etching Traité de la Gravure a l’Eau-Forte, attended evening classes at Gray's School of Art, and taught himself how to create etchings on zinc plates. He printed the results on paper using a domestic mangle. By 1910 he had enough confidence in his own ability to abandon banking and spent the summer in the Netherlands where he viewed etchings by Rembrandt and etched 21 plates of his own. From 1910 onwards he travelled widely, visiting Europe, North Africa and America. By 1911 his etchings were of sufficiently high quality to earn him an exhibition at the Goupil Gallery in London and his prints were published in both London and Glasgow. In 1912 McBey travelled to Morocco with James Kerr Lawson and began working in watercolours.   World War I At the start of World War I McBey's poor eyesight prevented him enlisting as a soldier but in February 1916 he was commissioned as a temporary second lieutenant while employed with the Army Printing and Stationery Service, based in Rouen. While on leave there he completed two series of sketches, France at her Furnaces, showing the munition works at Harfleur, and some views of the Somme. After these drawings were shown in London, McBey was appointed an official war artist to the Egyptian Expeditionary Force. Throughout 1917 and 1918 McBey accompanied the Allied advance in Palestine, from Gaza to Damascus. Working in both watercolours and oils McBey produced some 300 pieces, many of which are now in the Imperial War Museum. As well as portraits of the Allied commanders, McBey painted notable portraits of Emir Faisal, and T. E. Lawrence. McBey spent five days on a reconnaissance mission in the Sinai Desert with an Imperial Camel Corps patrol, consisting of rough-riders from the Australian outback, and witnessed Allenby's entry into Jerusalem in December 1917.   Post-war career Although the British government made little use of his work during the war, when he returned to Britain McBey produced a series of etchings based on his drawings of the Camel Corps patrol. The Long Patrol sold well and greatly enhanced his reputation. He made several visits thereafter to the Middle East and North Africa. During the post-war print boom in the 1920s his etchings fetched prices at auction that had only been achieved before by the Old Masters. McBey was featured by Malcolm Salaman in the second volume of the series Modern Masters of Etching and Salaman also compiled a catalogue of his work, published in 1929. McBey also had commissions to paint a number of formal portraits, including one of Sir Harry Lauder in 1921, which today is in the Glasgow Museums.   Marriage and death In 1929 McBey visited America and returned in 1931 to marry Marguerite Loeb, a photographer and bookbinder from Philadelphia. In 1932 the couple bought a house near Tangier in Morocco and later bought a second property in Marrakesh. During World War II, McBey lived in America and in 1942 he became an American citizen. After the war he returned to live in Tangier, whilst making regular trips to both Britain and the United States. He died in Tangier, Morocco in 1959.   Legacy The work of James McBey is held by the National Portrait Gallery, London; the Fine Arts Museum of San Francisco; the National Gallery of Art, Washington; the Huntington Library, California; and by the Aberdeen Art Gallery where the McBey Art Reference Library was established in his name in 1961, based on a bequest from McBey’s wife. There is an almost complete collection of his etchings at the Boston Public Library.

____________________ Albert Henry Wiggin (February 21, 1868 – May 21, 1951) was an American banker. General Electric's Owen D. Young once described him as "the most colorful and attractive figure in the commercial banking world" of his time. Wiggin was the Director of privately owned Federal Reserve Bank of New York 1932-33. Wiggin was also the only member of the Federal Reserve Bank to have a law written precisely against his actions, the “Wiggin Provision”, when Albert was forced to “resign in disgrace after it was revealed that he had been short-selling his own bank’s stock”   Biography Born in the town of Medfield, Massachusetts, Albert Wiggin was the son of a Unitarian minister, James Henry Wiggin, and Laura Newton. He had a brother, Langley Wiggin.   Wiggin graduated from English High School of Boston in 1885 and went on to work for J.B Moors & Company as a runner. Eight months later, he worked as a bookkeeper for another Boston bank run by his uncle called the National Bank of the Commonwealth. At the age of twenty-three, he worked his way up towards an assistant for a national bank examiner in Boston. In 1892 he married Jessie Duncan Hayden with whom he had two daughters. In 1894 he became the assistant cashier of the Third National Bank of Boston.   Beginning in 1911, he started assembling a collection of art prints, drawings, watercolors, and books. Among the French, British, and American works of art on paper that Wiggin acquired were prints by Henri Fantin-Latour, Francisco Goya, Honoré Daumier, George Bellows, Henri de Toulouse-Lautrec, Thomas Rowlandson, Jean-Louis Forain, Alphonse Legros, and many others. In 1941 he donated his collection of several thousand pieces to the Boston Public Library. Other works from his assemblage can be found at the New York Public Library and the Baltimore Museum of Art. He was made a lifetime member of the board of MIT's Charles Hayden Memorial Library.   For Middlebury College in Middlebury, Vermont, he endowed the Albert Henry Wiggin Memorial Scholarship Fund plus he and his wife formed the Albert H. and Jessie D. Wiggin Foundation which gave grants to institutions such as the United Hospital Fund and the Department of Medicine at Columbia University. In 1939, he and his wife donated $250,000 to acquire land and build the Boys Club of Greenwich.   Banking career Wiggin went to New York in June 1899 to become vice president of the prestigious National Park Bank. He also was vice president of two small Manhattan institutions, the Mutual Bank and the Mount Morris Bank. By his early thirties, Wiggin was already a vice president at National Park Bank in New York City. He gained recognition as one of the up-and-coming in the Wall Street banking community for his role in organizing Bankers Trust. In 1904 the quiet, reserved Wiggin became the youngest ever vice president at the prestigious Chase National Bank and in 1911 succeeded Henry W. Cannon as president.   Wiggin had an integral role in creating commercial and industrial accounts that ultimately gained Chase’s revenue. He also invited other important businessmen from other big companies to see if they wanted to become Chase directors. Chase's deposits had an immediate effect as they soared from $91 million at the end of 1910 to $2.074 billion twenty years later. Capital and surplus soon followed by increasing from $13 million to $358 million. The amount of Shareholders Chase had gone from twenty in 1904; to 2,189 in 1921; to 50,510 in 1929, and even reached 89,000 by 1933.   Under Albert Wiggin, Chase National Bank entered a period of rapid growth, spurred by the acquisition of several New York financial institutions and the creation of a securities division that made his bank second only to National City Bank. In 1917, Wiggin was made Chairman of the bank and served on the board of directors of more than fifty major American corporations. He was responsible for bringing in members of the Rockefeller family as investors in Chase National Bank. By 1918, Wiggin made Chase the fourth largest bank in the United States.   Wiggin became an important player on the world financial stage and in 1923 opened a Chase National Bank representative office in London, England which began lending directly to governments and businesses throughout Europe. Wiggin also developed other foreign banking corporations in places such as Paris, Rome, Panama City and Berlin. Wiggin was a staunch proponent of Free trade, albeit under certain restrictions. He was a signatory to the 1926 international round robin declaration by over 100 of the world's most powerful financiers that called upon European nations to remove their tariff barriers to international trade.   Great Depression On Black Thursday of the Wall Street Crash of 1929, Albert Wiggin joined with other senior Wall Street bankers in an attempt to save the collapsing stock market. On behalf of Chase National Bank, Wiggin, along with other bankers, committed substantial funds for an investment pool. They had Richard Whitney, vice president of the New York Stock Exchange, go onto the floor of the Exchange and with great fanfare purchase large blocks of shares in major U.S. corporations at prices above the current market. The action halted the slide that day and returned stability to the market. While the market slide continued on Monday, Wiggin was lauded as a hero for his actions.   However, what later came out in the Pecora Commission investigation into the Wall Street crash was that, beginning in September 1929, Wiggin had begun selling short his personal shares in Chase National Bank at the same time he was committing his bank's money to buying. He shorted over 42,000 shares, earning him over $4 million. His earnings, moreover, were tax-free, since he used a Canadian shell company to buy the stocks. Wiggin was not alone; other executives in powerful positions had done the same thing. The committee counsel, Ferdinand Pecora, said of Wiggins, "In the entire investigation, it is doubtful if there was another instance of a corporate executive who so thoroughly and successfully used his official and fiduciary position for private profit" (Pecora, p. 161). As a result of all the controversy, the “Wiggin Provision” was promptly named after him which prevented company directors from selling short on their own stocks and making a profit from their own company’s demise.   As head of one of America's most important banks, Wiggin was consulted by the Hoover Administration for suggestions on how to deal with the Great Depression. Wiggin opposed the Smoot-Hawley Tariff Act of 1930 and according to the Ludwig von Mises Institute, "One of the best counsels on the depression was set forth in an annual report by Albert H. Wiggin, chairman of the board of the Chase National Bank, in January, 1931." In 1949 Wiggin sold his 24 percent interest in American Express, stipulating that it would not be broken up or wind up owned by Chase. Although Wiggin never did anything illegal, he eventually retired under pressure from the bank after 30 plus years of successful banking.   Albert Wiggin died on May 21, 1951, at the age of 83, at his summer home, Field Point Park in Greenwich, Connecticut, after a prolonged illness.
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