Difference between revisions of "Nathan Straus"

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Revision as of 08:38, 17 February 2016

Nathan Straus (January 31, 1848 – January 11, 1931) was an American merchant and philanthropist who co-owned two of New York City's biggest department stores, R.H. Macy & Company and Abraham & Straus.

Charity

During the economic panic of 1893 Straus used his milk stations to sell coal at the very low price of 5 cents for 25 pounds to those who could pay. Those who could not received coal for free.

He also opened lodging houses for 64,000 persons, who could get a bed and breakfast for 5 cents, and he funded 50,000 meals for one cent each.

He also gave away thousands of turkeys anonymously.

First subsidized company cafeteria

At Abraham & Straus, he noticed that two of his employees were starving themselves to save their wages to feed their families, so he established what may have been the first subsidized company cafeteria.

See also

External links