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Name	Emil Schram
Birth/Death Dates	1893-1987
Where in Indiana	Peru--Miami County
When in Indiana	1893-1915, 1951-1987
Notable For	Director and Chairman of the Board of the Reconstruction Finance Corporation, President of the New York Stock Exchange
Description	Portrait of Emil Schram by the artist Donald M. Mattison (1905-1975), painted for the New York Stock Exchange.
Subject	Business people Businessmen New York Stock Exchange Portraits Paintings
Item ID	2010_0066_M1007_EMIL_SCHRAM
Date	1957
Time Period	1950s
Source of Image	Emil Schram Collection, M1007
Digital Collection	Notable Hoosiers (DC 010)
Bibliography/Notes	Peru, Indiana native, Emil Schram was the president of the New York Stock Exchange from 1941 to 1951 and an advisor to four presidents. A descendant of German immigrants, he started out in high school working as an office boy for a member of the Cole family in Peru. After graduation he wanted to attend college and study business but could not afford the tuition. He married, started a family, and continued working for the Cole family for 18 years managing a 5,000 acre farm in Illinois. During the 1920s he became involved with lobbying Congress about flood control and by 1941 he was the Chairman of the Reconstruction Finance Corporation in Washington D.C. He was appointed president of the New York Stock Exchange in 1941 and re-established public confidence in that institution after the Depression years and through the post-war business boom. After retiring from the Stock Exchange in 1951 he remained active in business pursuits here in Indiana and was the president of the U.S.O. for several years
Copyright Notice	Digital Image © 2011 Indiana Historical Society. All Rights Reserved.

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Emil Schram

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