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G. Keith Funston papers

 Collection
Identifier: George Keith Funston papers

Overview

The Papers of G. Keith Funston contain correspondence, reports, articles, speeches and dairies documenting Funston's career as President of Trinity College, President of the New York Stock Exchange, Chairman of Olin Mathieson Chemical Corporation, membership on various corporate boards and the Trinity College Board of Trustees, the War Production Board and his time as a student at Trinity College. The collection also contains personal and family material.

Dates

  • 1932-1972

Creator

Conditions Governing Access

This processed portion of this collection is open to the public and must be used in the John M.K. Davis Reading Room of the Watkinson Library, Trinity College Library, Hartford, Connecticut. Researchers must register and agree to copyright and privacy laws when using this collection.

Conditions Governing Use

Digital surrogates may be provided to researchers, in accordance with the duplication policy of the Watkinson Library.

Copyright resides with the creators of the documents or their heirs unless otherwise specified. It is the researcher's responsibility to secure permission to publish materials from the appropriate copyright holder.

Archival materials may contain sensitive or confidential information that is protected under federal and/or state right to privacy laws or other regulations. While we make a good faith effort to identify and remove such materials, some may be missed during processing. If a researcher finds sensitive personal information (e.g. social security numbers) in a collection, please bring it to the attention of the reading room staff.

Biographical / Historical

G. Keith Funston was born on October 12, 1910, in Waterloo, Iowa. He attended Trinity College from 1928 to 1932. While a student at Trinity, he worked as a chauffeur to the college’s president at the time, Remsen Brinckerhoff Ogilby. He was elected to join Phi Beta Kappa and was the president of the senior honor society. In 1932 Funston graduated valedictorian from Trinity with a B.A. in economics and history. In early 1944, he became an assistant director of the Office of Procurement and Material in the United States Navy's Industrial Readjustment Branch, with the rank of lieutenant commander. Not even 35 years of age, in June 1944, Funston was appointed president of Trinity College, though he remained in the service through the end of World War II.

In November of 1945, after he was released from his wartime duties, Funston officially took office as the president of Trinity College. He made many improvements and achievements, including bolstering the college’s finances through successful fundraising. He established public relations and student placement offices, as well as doubled the enrollments. In fact, the combined endowment and physical plant value rose from $4 million to $6 million in value during his tenure. These are only a few of the things Funston did for Trinity College before he left in 1951 to become the president of the New York Stock Exchange. Funston is well known for his achievements as the President of the New York Stock Exchange. Given a position that was still fairly new, Funston had little knowledge of his duties. Yet, Funston managed to calm investors still nervous due to the crash of 1929. Buoyed by the success of the United States in WWII, Funston tied individual stock ownership rhetorically to patriotism proclaiming himself, “salesman of shares in America.” Along with Funston’s longtime business contacts, he received after serving on the war production board in World War II, this increased the investment in corporate stocks from a little over six million in 1951 to more than twenty-two million by 1967. While Funston was the President of the Stock Exchange, he had many promising ideas. As the U.S. president at the time, Dwight D. Eisenwhower said, “The president of the stock exchange is the second worse job in America.” At 81 years old, G. Keith Funston died of a heart attack on May 15, 1992, in Greenwich, Connecticut.

Extent

70 Cubic Feet (65 records cartons (offsite))

Language of Materials

English

Immediate Source of Acquisition

Source Unknown

Processing Information

In 2020, one box of the Funston papers was grouped together and opened to research, from among the archival materials collected by archivist Peter J. Knapp sometime between 1994 and 2009, when the last box inventory was revised. However, the majority of boxes remain closed to research until further processing has occurred.
Title
Guide to the G. Keith Funston papers
Status
In Progress
Author
Eric C. Stoykovich, merged with Aspace finding aid started by Peter Rawson in 2015
Date
2019-11-19
Description rules
Describing Archives: A Content Standard
Language of description
English
Script of description
Latin

Repository Details

Part of the Trinity College Archives Repository

Contact:
Watkinson Library
300 Summit St.
Hartford CT 06106 USA