Background
Philip Armour was born on May 16, 1832, at Stockbridge, New York. His father was a farmer of Scotch-Irish and Puritan origins.
(This is a reproduction of a book published before 1923. T...)
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Philip Armour was born on May 16, 1832, at Stockbridge, New York. His father was a farmer of Scotch-Irish and Puritan origins.
He was educated at Cazenovia Academy, Cazenovia, New York, worked for several years on his father's farm, and in 1852 with a small party went overland to California, a large part of the journey being made on foot.
As the Northern armies of the Civil War demanded more and more salt pork, the firm of Plankton, Armour and Company became one of the important suppliers.
Other innovations in which Armour led were the imaginative use of animal by-products (in making soap, glue, fertilizer, neat's-foot oil, and pharmaceuticals) and the use of tin cans for vacuum-packing beef.
At its peak in the 1896 Armour and Company controlled 6, 000 refrigerator cars moving over 150, 000 miles of railway.
This, curiously, was the chief reason for reformer Charles Edward Russell's hostility to the industry; his influential book, The Greatest Trust in the World (1905), accused the packers of terrorizing the railroads as well as defying Wall Street.
In 1863 he became the head of the firm of Armour, Plankington & Co. , pork packers, whose headquarters were at Milwaukee.
Thus, he broke a bear raid on pork in 1879 and prevented a corner in wheat in 1897-1898.
Armour died on January 6, 1901 of pneumonia at his Chicago home.
Besides contributing to many charitable enterprises, Armour founded the Armour Institute of Technology at Chicago in 1892 and the Armour Flats in Chicago, built for the purpose of supplying at a low rental good homes for working men and their families.
(This is a reproduction of a book published before 1923. T...)
He was survived by his wife, Malvina Belle Ogden whom he had married in 1862, and by one son, J. Ogden Armour.
He also contributed liberally to the Armour Mission in Chicago, which was founded in 1881 by his brother, JosephArmour.
