Online Encyclopedia

CLAUS SPRECKELS (1828–1908)

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Originally appearing in Volume V25, Page 737 of the 1911 Encyclopedia Britannica.
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CLAUS

SPRECKELS (1828–1908)  ,
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American capitalist, was born in Lanstedt, Hanover, in 1828 . In 1846, to escape army service, he emigrated to the
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United States and became a
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grocer . In 1856 he removed from New York City to
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San Francisco, where he set up as a grocer, then a brewer, and later a
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sugar refiner . He gradually obtained control of most of the sugar refineries on the Pacific coast; he was able to undersell his competitors because he bought his raw sugar in Hawaii, where he
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purchased large plantations and contracted for the produce of others . He built a large refinery in Hawaii, and his influence with the Hawaiian government was for a time paramount . By financing the Pacific Steamship
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Company he was able to reduce the freight charges on his sugar, and he also introduced various improvements in the methods of manufacture . It was he who built the railway from Salinas to San Francisco, by buying which the
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Atchison,
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Topeka &
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Santa Fe first made a through
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line into San Francisco . Spreckels died in San Francisco on the 26th of December 1908 . His eldest son, John Diedrich Spreckels (b . 18J3), became proprietor of the San Francisco
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Morning Call and succeeded to his
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father's steamship interests; and another son, Rudolph Spreckels (1873– ), became president of the First
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National
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Bank of San Francisco .

End of Article: CLAUS SPRECKELS (1828–1908)
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