Jules Bache

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Jules Bache
Jules Bache.jpg
Born(1861-11-09)November 9, 1861
DiedMarch 24, 1944(1944-03-24) (aged 82)
NationalityAmerican
OccupationBanker
Spouse
Florence R. Scheftel
(m. 1892)
Children Kathryn Bache Miller
Family Gilbert Miller (son-in-law)
Signature
Signature of Jules Semon Bache.png

Jules Semon Bache (November 9, 1861 – March 24, 1944) was an American banker, art collector and philanthropist.

Contents

Early life

Jules Bache was born into a Jewish family [1] [2] in New York City. [3] His father, Semon Bache [né Bach], emigrated to the United States from his native Nuremberg, Bavaria, [4] settling in New York City, where he started the glassmaking firm Semon Bache & Company. [5]

Career

In 1881, he started work as a cashier at Leopold Cahn & Co., a stockbrokerage firm founded by his uncle. In 1886, he was made a minority partner, and in 1892, he took full control of the business, renaming it J. S. Bache & Co. Jules Bache built the company into one of the top brokerage houses in the United States, outranked only by Merrill Lynch. In the process, he became an immensely wealthy individual, a patron of the arts, and a philanthropist.

During World War I, Jules Bache donated money to the American Field Service in France, and his wife was the honorary treasurer of the "War Babies' Cradle," a charity that provided aid for mothers and children in distress in war-torn Northern France and Belgium to provide them with food, clothing, heating fuel, and medical care.

In the 1920 presidential election, Bache was a presidential elector for Warren G. Harding and Calvin Coolidge. [6]

Jules Bache was a shareholder of a number of prominent corporations and sat on the boards of directors of many of them. Among his personal holdings, Bache had sizeable interests in Canadian mining companies. His equity in these companies was held by his Bahamas-based corporation, which allowed him to legally avoid some of the high personal U.S. surtaxes, a fact for which he would be publicly criticized as a result of the Federal investigations during the 1930s into the causes of the 1929 Wall Street Crash. Bache, however, believed that high taxation was a hindrance to economic growth and published a booklet titled "Release business from the slavery of taxation." A major shareholder in Dome Mines Limited, Bache served as company president from 1919 until 1942 and was Chairman of the Board at the time of his passing. After the brokerage firm of Dillon, Read & Co. acquired the Dodge Brothers Automobile Company in 1923, Jules Bache acquired a substantial position in Chrysler Corporation.

A supporter of American theatre and Broadway, Jules Bache helped found the New York branch of the Escholier Club in 1941.

The mausoleum of Jules Bache Jules Bache Mausoleum 1024.jpg
The mausoleum of Jules Bache

Personal life and death

Bache married Florence R. Scheftel on May 23, 1892, and they had two daughters. [7]

Jules Bache died in 1944 in Palm Beach, Florida, and was interred in the Woodlawn Cemetery in the Bronx, New York. His tomb is a replica of Trajan's Kiosk at Philae. In 1927, his daughter, Kathryn Bache Miller, married the theatrical producer Gilbert Miller in Paris, France. [8] [9] His granddaughter, Muriel Bache Richards, married Francis Warren Pershing, the son of General John J. Pershing. [10]

He told the Literary Digest his name was pronounced Baitch, "A rhyme with aitch." (Charles Earle Funk, What's the Name, Please?, Funk & Wagnalls, 1936.)

Art collection

In addition to his high profile in the business world, Jules Bache would also become well known for his art collecting, which received much press attention in 1929 when he purchased the portrait of " Giuliano de Medici ," then attributed to Raphael. He would acquire numerous other important works, including those by or attributed to Rembrandt, Titian (including The Bache Madonna ), Albrecht Dürer, Diego Velázquez, Gerard David, Giovanni Bellini, and Sandro Botticelli, amongst others.

In 1937, he opened his magnificent art collection to the public. In 1943 the Second World War forced closure of his museum and the collection was loaned to the Metropolitan Museum of Art which had put its own masterworks into protective storage. [11] In 1943, he donated some of his works to the Detroit Institute of Arts.

Bache was a major donor to the Department of Decorative Arts at the Metropolitan Museum of Art. [12]

At the time of his death in 1944, most of his picture collection, up until that time gifted to the Jules Bache Foundation, was given to the Museum; the remaining works of art from his estate at 814 Fifth Avenue were sold at auction. [13]

imagetitlepainterdateaccession numberThe Met url
Madonna and Child with Saints MET DP104372.jpg
Madonna and Child with Saints Giovanni Bellini 49.7.1 MET
Madonna and Child MET DT301874.jpg
Madonna and ChildWorkshop of Giovanni Bellini151049.7.2 MET
Jacometto Veneziano 001.jpg
Portrait of a Young Man Jacometto Veneziano 49.7.3 MET
The Coronation of the Virgin MET DT350031.jpg
The Coronation of the VirginFollower of Botticelli1500s49.7.4 MET
Carlo Crivelli 068.jpg
Madonna Lenti Carlo Crivelli 147249.7.5 MET
Uccello Portrait of a Lady MET.jpg
Portrait of a WomanMaster of the Nativity of Castello1450s49.7.6 MET
Francesco Sassetti (1421-1490) and His Son Teodoro MET DT1369.jpg
Francesco Sassetti and His Son Teodoro Domenico Ghirlandaio 1488s49.7.7 MET
Descent from cross Tempera and gold leaf.jpg
Descent from the Cross Girolamo da Cremona 49.7.8 MET
Fra Filippo Lippi 012.jpg
Madonna and Child Enthroned with Two Angels Filippo Lippi 1440s49.7.9 MET
Madonna and Child MET DP243637.jpg
Madonna and Child Filippino Lippi 1483s49.7.10 MET
Rodolfo Gonzaga (1451-1495) MET EP358.jpg
Rodolfo Gonzaga (1451–1495)Style of Andrea Mantegna1500s49.7.11 MET
Giuliano de' Medici (1479-1516), Duke of Nemours MET DP265692.jpg
Giuliano de' Medici (1479–1516), Duke of NemoursCopy after Raphael1600s49.7.12 MET
Madonna and Child MET DT1344.jpg
Madonna and Child Luca Signorelli 49.7.13 MET
Portrait of a Man MET ep49.7.14.bw.R.jpg
Portrait of a Man Lambert Sustris 49.7.14 MET
Madonna and Child MET DT5274.jpg
Madonna and Child Titian 151049.7.15 MET
Venus and Adonis MET DT5111.jpg
Venus and Adonis Titian 156049.7.16 MET
Cosme Tura - Flight to Egypt (from the predella of the Roverella Polyptych) - WGA23121.jpg
The Flight into Egypt Cosimo Tura 49.7.17 MET
Virgin and Child MET ep49.7.18.bw.R.jpg
Virgin and ChildWorkshop of Dieric Bouts147549.7.18 MET
Christus carthusian.jpg
Portrait of a Carthusian Petrus Christus 144649.7.19 MET
Gerard David - Triptych with the Nativity - WGA06016.jpg
The Nativity with Donors and Saints Jerome and Leonard Gerard David 49.7.20a–c MET
Gerard David - The rest on the flight into Egypt (Metropolitan Museum of Art).jpg
The Rest on the Flight into Egypt Gerard David 1513s49.7.21 MET
Virgin and Child MET DT245520.jpg
Virgin and ChildWorkshop of Hans Memling149049.7.22 MET
Young Woman with a Pink MET DT200206.jpg
Young Woman with a Pink Hans Memling 148549.7.23 MET
Portrait of a Man in a Turban DT200207.jpg
Portrait of a Man in a TurbanNetherlandish Painter1460s49.7.24 MET
Anthony van Dyck - Self portrait.jpg
Anthony van Dyck self portrait (Metropolitan Museum of Art) Anthony van Dyck 162049.7.25 MET
Robert Rich by van Dyck.jpg
Portrait of Robert Rich, second earl of Warwick Anthony van Dyck 163449.7.26 MET
Portrait of an Italian Woman MET DP280389.jpg
Portrait of an Italian WomanGerman painter1600s49.7.27 MET
Portrait of a Man (Sir Ralph Sadler%3F) MET DP278970.jpg
Portrait of a Man (Sir Ralph Sadler?)Workshop of Hans Holbein the Younger153549.7.28 MET
Derich Berck, by Hans Holbein.jpg
Derick Berck of Cologne Hans Holbein 153649.7.29 MET
Portrait of a Young Woman MET DP280856.jpg
Portrait of a Young WomanWorkshop of Hans Holbein the Younger154049.7.30 MET
Edward VI (1537-1553), When Duke of Cornwall MET DP164833.jpg
Edward VI (1537–1553), When Duke of CornwallWorkshop of Hans Holbein the Younger154549.7.31 MET
Portrait of a Young Woman MET DP321072.jpg
Portrait of a Young Womanan anonymous Netherlandish painter153549.7.32 MET
Frans Hals - Claes Duyst van Voorhout.jpg
Portrait of Claes Duyst van Voorhout Frans Hals 163849.7.33 MET
Portrait of a Bearded Man with a Ruff by Frans Hals.jpg
Portrait of a Bearded Man with a Ruff Frans Hals 162549.7.34 MET
The Standard Bearer (Floris Soop, 1604-1657), by Rembrandt van Rijn.jpg
Portrait of Floris Soop Rembrandt 165449.7.35 MET
Rembrandt A Presumed Sketch for the Male Sitter in the 'Jewish Bride'.jpg
Man in a Red Cloak Rembrandt 1650s49.7.36 MET
Rembrandt The Apostle James the Less.jpg
Christ with a Staff Rembrandt 166149.7.37 MET
Gerard ter Borch (II) - Curiosity - WGA22128.jpg
The Curious Gerard ter Borch 166049.7.38 MET
Portrait of a Young Boy MET ep49.7.39.bw.R.jpg
Portrait of a Young Boy Sébastien Bourdon 1700s49.7.39 MET
A Young Woman Reading MET DP143178.jpg
A Young Woman Reading Han van Meegeren 1926s49.7.40 MET
Don Manuel Osorio Manrique de Zuniga.jpg
Don Manuel Osorio de Zúñiga Francisco de Goya 178749.7.41 MET
Portrait of a Man MET DP221248.jpg
Portrait of a Man Diego Velázquez 1630s49.7.42 MET
Velazquez-TeresaNY51.jpg
María Teresa (1638–1683), Infanta of Spain Diego Velázquez 165149.7.43 MET
Charles de Cosse (1506-1563), Comte de Brissac MET ep49.7.44.bw.R.jpg
Charles de Cossé (1506–1563), Comte de Brissac Corneille de Lyon 1600s49.7.44 MET
Portrait of a Man with a Black-Plumed Hat MET ep49.7.45.bw.R.jpg
Portrait of a Man with a Black-Plumed Hat Corneille de Lyon 153549.7.45 MET
Francois Boucher - Le sommeil interrompu.jpg
The Interrupted Sleep François Boucher 175049.7.46 MET
Marie Rinteau, called Mademoiselle de Verrieres MET DP-406-01.jpg
Marie Rinteau, called Mademoiselle de Verrières François-Hubert Drouais 176149.7.47 MET
Boy with a Black Spaniel MET DP324600.jpg
Boy with a Black Spaniel François-Hubert Drouais 49.7.48 MET
Jean-Honore Fragonard - La lettre d'amour.jpg
The Love Letter Jean-Honoré Fragonard 1770s49.7.49 MET
The Cascade MET DP-1015-001.jpg
The Cascade Jean-Honoré Fragonard 49.7.50 MET
A Shaded Avenue (Fragonard).jpg
A Shaded Avenue Jean-Honoré Fragonard 49.7.51 MET
Jean Baptiste Joseph Pater 1730.JPG
The Fair at Bezons Jean-Baptiste Pater 49.7.52 MET
Alexandre Charles Emmanuel de Crussol-Florensac (1743-1815) MET DP320090.jpg
Alexandre Charles Emmanuel de Crussol-Florensac (1743–1815) Louise Élisabeth Vigée Le Brun 178749.7.53 MET
Antoine Watteau - Actors from the Comedie Francaise - WGA25475.jpg
The French Comedians Antoine Watteau 49.7.54 MET
Queen Charlotte MET DP162155.jpg
Queen Charlotte Thomas Gainsborough 49.7.55 MET
Anne Elizabeth Cholmley (1769-1788), Later Lady Mulgrave MET DP169398.jpg
Anne Elizabeth Cholmley (1769–1788), Later Lady Mulgrave Gainsborough Dupont 49.7.56 MET
Lady Elizabeth Hamilton (1753-1797), Countess of Derby.jpg
Lady Elizabeth Hamilton (1753–1797), Countess of Derby George Romney 49.7.57 MET
Henri d'Albret (1503-55), King of Navarre MET DT572.jpg
Henri d'Albret (1503–55), King of Navarreenamels highlighted in The MET collection155649.7.108 MET
Jules Semon Bache Jo Davidson 193649.7.120 MET

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References

  1. New York Social Diary: "Best Friends: Jewish Society in Old Palm Beach" 2008
  2. The American Hebrew: "Jule S. Bache Operated On February 17, 1922
  3. "Jules Bache". 20th Century American Leaders Database. Harvard University . Retrieved December 17, 2013.
  4. "semon BACHE b. 1826 nuremberg,bavaria d. 1891 new york". www.neilpiwovar.com. Archived from the original on April 2, 2015. Retrieved February 1, 2015.
  5. Hall, Henry (1895). America's Successful Men of Affairs: The city of New York. New York Tribune. p.  52. bache.
  6. Proceedings of the Electoral College of the State of New York, 1921. Albany, N.Y.: J. B. Lyon Company. 1921. p. 6.
  7. The National Cyclopaedia of American Biography. Vol. XIV. James T. White & Company. 1910. pp. 263–264. Retrieved December 16, 2020 via Google Books.
  8. "Kathryn B. Miller, Philanthropist, 83". The New York Times . October 16, 1979.
  9. "Miss Bache Weds Gilbert Miller". The New York Times. July 17, 1927.
  10. "The General Attends a Wedding - His Son Marries Muriel Bache Richards". Time. May 2, 1938.
  11. Anne Hilker. "The art of rivalry: The Jules S. Bache collection, its formation and its donation to the Metropolitan Museum of Art, 1919–44." Journal of the History of Collections, 36, Issue 2, July 2024: 319–338. https://doi.org/10.1093/jhc/fhad044
  12. Finding aid for the Preston Remington records, 1925–1970, Metropolitan Museum of Art. Retrieved 25 July 2014.
  13. New York Herald Tribune, Sunday, April 1, 1945, p. 20 "Jules S. Bache Art Collection is Going on Sale: Works Not Donated to the Metropolitan Museum To Be Sold April 19, 20, 21." The auction was held at the Kende Galleries of Gimbel Brothers. The New York Times, Sunday, April 1, 1945 adds that 'oil paintings and terracotta statuary' were to be sold on April 25.