Abraham C. Ratshesky

Abraham Captain “Cap” Ratshesky (November 6, 1864-1943)[1] was a banker who was the founder of the United States Trust Company, social activist, representative to the Massachusetts General Court and the United States Minister to Czechoslovakia (1930-1932).[2], [3]

Biography

Ratshesky was born in Boston in 1866, the son of Jewish immigrants Asher and Bertha Ratshesky.[2], [4] He attended Boston Latin School but did not graduate. Ratshesky and his wife Edith lived in the Back Bay of Boston and at their home, The Birches, in Beverly. [5]

Philanthropy

He was one of the founders of Beth Israel Hospital, donated the building that became the first headquarters of the Boston chapter of the Red Cross, [5] helped organize assistance to Halifax after the Halifax Explosion, and was treasurer of the “Pennies Campaign” in the 1920s to help save the USS Constitution. [2]

Career

Originally wholesale clothiers in their father’s firm, Ratshesky and his brother Israel founded the United States Trust Company in 1895 as “the Jewish bank” because of the “needs of the rising immigrant population by providing access to capital and banking services not otherwise available to these individuals.“ Abraham served as President and Israel served as Treasurer.[2], [5] He served as a Massachusetts State Senator from 1892-1895 and as a delegate to the Republican National Conventions in 1892, 1904, 1908, 1916, and 1924.[1]. He also served three terms in the Boston City Council.[6]

See also

References
  1. "Abraham Captain Ratshesky (1864-1943)". American Ancestors , Jewish Heritage Center. New England Historic Genealogical Society. Retrieved 26 January 2020.
  2. "About the Founder". A. C. Ratshesky Foundation. Retrieved 26 January 2020.
  3. "Abraham C. Ratshesky (Radzkey) (1864–1943)". Office of the Historian. Retrieved 26 January 2020.
  4. Massachusetts of Today
  5. "17 Gloucester". Back Bay Houses. Retrieved 26 January 2020.
  6. "Abraham C. Ratshesky, Jewish Banker of Boston, Appointed Czecho-slovakian Minister". Jewish Telegraphic Agency. Retrieved 26 January 2020.
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