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Abraham Captain Ratshesky (“Cap”, 1864-1943) was a banker by profession who founded the U.S. Trust Company with his brother Israel in 1895. Ratshesky was also involved in politics, serving as a member of the Massachusetts State Senate from 1892-1895 and as a delegate to the Republican National Conventions in 1892, 1904, 1908, 1916, and 1924. During World War I, he was the Assistant Food Administrator for Massachusetts. His political background helped secure his nomination to the post of United States Minister to Czechoslovakia from 1930-1932 by President Herbert Hoover. In 1933, Ratshesky was honored with the Order of the White Lion First Class, Czechoslovakia’s highest honor. An active civic leader and philanthropist, Ratshesky was also involved in the relief efforts following the December 6, 1917 Halifax explosion. Ratshesky was one of the original founders of Beth Israel Hospital, donated a building on Gloucester Street for the American Red Cross's Boston headquarters, and, in 1916, founded the A.C. Ratshesky Charity Foundation, still in operation. He also founded and acted as treasurer of the "Pennies Campaign" in 1925, where school children throughout the country raised money to restore the U.S.S. Constitution.
Read more about Ratshesky's role in the relief efforts following the Halifax explosion of 1917.
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