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SPRECKELS, CLAUS (1828–1908)

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Originally appearing in Volume V25, Page 737 of the 1911 Encyclopedia Britannica.
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SPRECKELS, CLAUS (1828–1908) , See also:American capitalist, was See also:born in Lanstedt, See also:Hanover, in 1828. In 1846, to See also:escape See also:army service, he emigrated to the See also:United States and became a See also:grocer. In 1856 he removed from New See also:York See also:City to See also:San Francisco, where he set up as a grocer, then a See also:brewer, and later a See also:sugar refiner. He gradually obtained See also:control of most of the sugar refineries on the Pacific See also:coast; he was able to undersell his competitors because he bought his raw sugar in See also:Hawaii, where he See also:purchased large plantations and contracted for the produce of others. He built a large refinery in Hawaii, and his See also:influence with the Hawaiian See also:government was for a See also:time See also:paramount. By financing the Pacific Steamship See also:Company he was able to reduce the See also: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 See also:Atchison, See also:Topeka & See also:Santa Fe first made a through See also:line into San Francisco. Spreckels died in San Francisco on the 26th of See also:December 1908. His eldest son, See also:John Diedrich Spreckels (b. 18J3), became proprietor of the San Francisco See also:Morning See also:Call and succeeded to his See also:father's steamship interests; and another son, See also:Rudolph Spreckels (1873– ), became See also:president of the First See also:National See also:Bank of San Francisco.

End of Article: SPRECKELS, CLAUS (1828–1908)

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