Overview
Daniel LeRoy Dresser (December 13, 1862 – July 10, 1915) was an American merchant and banker. He killed himself after he was bankrupted by the collapse of the United States Shipbuilding Company, a project that involved J.P. Morgan and Charles M. Schwab. The New York Times wrote that his "rise and fall in finance was one of the greatest sensations of the banking history of the first decade of the century…."
Early life
Dresser was born in Newport, Rhode Island to Elizabeth Stuyvesant LeRoy and George Warren Dresser, an Army brevet major. His maternal grandparents were Susan Elizabeth (née Fish) and Daniel LeRoy. His maternal great-grandparents were Elizabeth Stuyvesant and Nicholas Fish.
His sisters included Edith Stuyvesant Dresser who married George Washington Vanderbilt II, and Natalie Bayard Dresser who married John Nicholas Brown. His sister Pauline married Rev. George D. Merrill of Stockbridge, Massachusetts, and his sister Susan married Vicomte Romain D'Osmoy of Normandy, France.
In 1885, Dresser was a founding director of the Newport Fish and Game Association. He attended of Columbia College, graduating in 1889. There, he was a member of the Fraternity of Delta Psi (aka St. Anthony Hall). He was also appointed to the committee of the Intercollegiate Athletic Club.
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