Henri Fantin-Latour was a French painter and lithographer best known for his flower paintings and group portraits of Parisian artists and writers. He was born Ignace Henri Jean Théodore Fantin-Latour in Isère; as a youth, he received drawing lessons from his father, an artist. In 1850 he entered the Ecole de Dessin. After studying at the École des Beaux-Arts in Paris from 1854, he devoted much time to copying the works of the old masters in the Musée du Louvre. Although Fantin-Latour befriended several of the young artists who would be associated with Impressionism, including Whistler and Manet, Fantin's own work remained conservative in style. Whistler brought attention to Fantin in England, where his still-lifes sold so well that they were "practically unknown in France during his lifetime". In addition to his realistic paintings, Fantin-Latour created imaginative lithographs inspired by the music of some of the great classical composers. In 1875, Henri Fantin-Latour married a fellow painter, Victoria Dubourg, after which he spent his summers on the country estate of his wife's family at Buré, Orne in Lower Normandy, where he died on 25 August 1904.
He was interred in the Cimetière du Montparnasse, France Marcel Proust mentions Fantin-Latour's work in In Search of Lost Time: "Many young women's hands would be incapable of doing what I see there," said the Prince, pointing to Mme de Villeparisis's unfinished watercolours. And he asked her whether she had seen the flower painting by Fantin-Latour, exhibited, his first major UK gallery exhibition in 40 years took place at the Bowes Museum in April 2011. Musée du Luxembourg presented a retrospective exhibition of his work in 2016-7 entitled "À fleur de peau"; the painting A basket of roses was used as the cover of New Order's album Power, Corruption & Lies by Peter Saville in 1983. Aberdeen Art Gallery Armand Hammer Museum of Art Art Gallery of New South Wales Art Gallery of the University of Rochester Art Institute of Chicago Arthur Ross Gallery Ashmolean Museum Birmingham Museums & Art Gallery Bowes Museum Carnegie Museum of Art Clark Art Institute Cleveland Museum of Art Dallas Museum of Art Detroit Institute of Arts Dixon Gallery and Gardens Fine Arts Museums of San Francisco Fitzwilliam Museum Fondation Bemberg Museum Foundation E.
G. Bührle Harvard University Art Museums Hermitage Museum Honolulu Museum of Art Indiana University Art Museum Kröller-Müller Museum Lady Lever Art Gallery La Piscine Los Angeles County Museum of Art MacKenzie Art Gallery Manchester City Art Gallery Metropolitan Museum of Art Montreal Museum of Fine Arts, Museum of Grenoble Musée de Picardie Musée des Beaux-Arts de Bordeaux Musée des Beaux-Arts de Lyon Musée des beaux-arts de Pau Musée des Beaux-Arts Musée des Beaux-Arts de Rouen Musée d'Orsay Musée du Louvre Musée des Ursulines Museo Nacional de Bellas Artes Museu Calouste Gulbenkian Museum of Fine Arts, Boston National Gallery of Art National Gallery of Canada National Gallery, London National Museum Cardiff Nelson-Atkins Museum of Art Norton Simon Museum Old Jail Art Center Philadelphia Museum of Art Rijksmuseum Saint Louis Art Museum San Diego Museum of Art Smart Museum of Art Tate Gallery Toledo Museum of Art Université de Liège Collections Victoria and Albert Museum Wadsworth Atheneum Winnipeg Art Gallery Gibson, Frank F.
The art of Henri Fantin-Latour, his life and work, Drane's ltd. 1924. Lucie-Smith, Henri Fantin-Latour, New York, Rizzoli, 1977. Poulet, Anne L. & Murphy, A. R. Corot to Braque: French Paintings from the Museum of Fine Arts, Boston: The Museum, 1979. ISBN 0-87846-134-5 Rosenblum, Paintings in the Musée d'Orsay, New York: Stewart, Tabori & Chang, 1989. ISBN 1-55670-099-7 Henri-Fantin-Latour.org 273 works by Henri Fantin-Latour Henri Fantin-Latour, Still Life, 1867, Bryn Mawr College Art and Artifact Collections
Greenwich is a town in Fairfield County, United States. As of the 2010 census, the town had a total population of 61,171, it is the 10th largest municipality in Connecticut, the largest that functions as a town. The largest town on Connecticut's Gold Coast, Greenwich is home to many hedge funds and other financial service firms. Greenwich is the southernmost and westernmost municipality in Connecticut as well as in the six-state region of New England, it is 40 to 50 minutes by train from Grand Central Terminal in Manhattan. CNN/Money and Money magazine ranked Greenwich 12th on its list of the "100 Best Places to Live in the United States" in 2005; the town is named after a Royal borough of London in the United Kingdom. The town of Greenwich was settled in 1640. One of the founders was Elizabeth Fones Winthrop, daughter-in-law of John Winthrop and Governor of the Massachusetts Bay Colony. What is now called Greenwich Point was known for much of the area's early history as "Elizabeth's Neck" in recognition of Elizabeth Fones and their 1640 purchase of the Point and much of the area now known as Old Greenwich.
Greenwich was declared a township by the General Assembly in Hartford on May 11, 1665. During the American Revolution, General Israel Putnam made a daring escape from the British on February 26, 1779. Although British forces pillaged the town, Putnam was able to warn Stamford. In 1974, Gulliver's Restaurant and Bar, on the border of Greenwich and Port Chester, killing 24 young people. In 1983, the Mianus River Bridge, which carries traffic on Interstate 95 over an estuary, resulting in the death of three people. For many years, Greenwich Point, was open only to their guests. However, a lawyer sued, saying his rights to freedom of assembly were threatened because he was not allowed to go there; the lower courts disagreed, but the Supreme Court of Connecticut agreed, Greenwich was forced to amend its beach access policy to all four beaches in 2001. These beaches include Greenwich Point Park, Island Beach, Great Captain Island, Byram Park. According to the United States Census Bureau, the town has a total area of 67.2 square miles, of which 47.8 square miles is land and 19.4 square miles, or 28.88%, is water.
In terms of area, Greenwich is twice the size of Manhattan. The town is bordered to the west and north by Westchester County, New York, to the east by the city of Stamford, faces the Village of Bayville to the south across the Long Island Sound. If you travel far enough east from Greenwich, you hit Long Island at its extremity. Therefore, Greenwich is in a geographically exceptional position, being in a sense surrounded by New York; the Census Bureau recognizes seven CDPs within the town: Byram, Cos Cob, Old Greenwich, Riverside, a "Greenwich" CDP covering a portion of town. The USPS lists separate zip codes for Greenwich, Cos Cob, Old Greenwich, Riverside. Additionally, Greenwich is further divided into several smaller, unofficial neighborhoods. Longtime residents have a fierce loyalty and superior opinion of their particular neighborhood; the Hispanic population is concentrated in the southwestern corner of the town. In 2011, numerous neighborhoods were voted by the Business Insider as being the richest neighborhoods in America.
Byram, Cos Cob, Old Greenwich, Riverside each have their own ZIP Codes and with the exception of Byram, each has a Metro North station. American Lane is separated by Interstate 684 from the entire rest of Connecticut and can be reached only from New York State. Round Hill, with an elevation of more than 550 feet, was a lookout point for the Continental Army during the American Revolution; the Manhattan skyline is visible from the top of the hill. Bush-Holley House Putnam Cottage Calf Island, a 29-acre island about 3,000 feet from the Byram shore in Greenwich, is open for visitors, although as of the summer of 2006 it was getting few of them. More than half of the island is a bird sanctuary off-limits to members of the public without permission to visit; the island is available for overnight stays for those with permits, otherwise the east side is open from dawn till dusk. Great Captain Island is off the coast of Greenwich, is the southernmost point in Connecticut. There is a Coast Guard lighthouse on this island, as well as a designated area as a bird sanctuary.
The lighthouse is a Skeletal Tower. Island Beach or "Little Captain Island" once was the venue for the town's annual Island Beach Day. Ventriloquist Paul Winchell and his dummy, Jerry Mahoney, once came for a show, on another occasion the National Guard let adults and children fire machine guns into the water, according to an article in the Greenwich Time. Island Beach has changed over the decades; the bathhouse once on the island's eastern shore is gone, erosion is eating away at the beaches themselves. Greenwich experiences a humid continental climate. During winter storms, it is common for the area north of the Merritt Parkway to receive heavier snowfall than the area closer to the coast, due to the moderating influence of Long Island Sound; as of the census of 2000, there were 61,101 people, 23,230 households, 16,237 families residing in the town. The population density was 1,277.6 people per square mile. There were 24,511 housing units at an average density of 512.5 per square mile. As of the census of 2013, the racial makeup of the town was 80.90%
Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany. The bank is operational in 58 countries with a large presence in Europe, the Americas and Asia; as of April 2018, Deutsche Bank is the 15th largest bank in the world by total assets. As the largest German banking institution in the world, it is a component of the DAX stock market index; the company is a universal bank resting on three pillars – the Private & Commercial Bank, the Corporate & Investment Bank and Asset Management. Its investment banking operations command substantial deal flow in the "Bulge Bracket" category, maintain different "sell side" and "buy side" departments. Deutsche Bank was founded in Berlin in 1870 as a specialist bank for financing foreign trade and promoting German exports, it subsequently played a large part in developing Germany's industry, as its business model focused on providing finance to industrial customers. The bank's statute was adopted on 22 January 1870, on 10 March 1870 the Prussian government granted it a banking licence.
The statute laid great stress on foreign business: The object of the company is to transact banking business of all kinds, in particular to promote and facilitate trade relations between Germany, other European countries and overseas markets. Three of the founders were Georg Siemens, whose father's cousin had founded Siemens and Halske, Adelbert Delbrück and Ludwig Bamberger. Previous to the founding of Deutsche Bank, German importers and exporters were dependent upon British and French banking institutions in the world markets—a serious handicap in that German bills were unknown in international commerce disliked and subject to a higher rate of discount than English or French bills. Hermann Zwicker Anton Adelssen Adelbert Delbrück Heinrich von Hardt Ludwig Bamberger Victor Freiherr von Magnus Adolph vom Rath Gustav Kutter Gustav Müller Wilhelm Platenius, Georg Siemens and Hermann WallichThe bank's first domestic branches, inaugurated in 1871 and 1872, were opened in Bremen and Hamburg, its first foray overseas came shortly afterwards, in Shanghai and London followed sometime by South America.
The branch opening in London, after one failure and another successful attempt, was a prime necessity for the establishment of credit for the German trade in what was the world's money centre. Major projects in the early years of the bank included the Northern Pacific Railroad in the US and the Baghdad Railway. In Germany, the bank was instrumental in the financing of bond offerings of steel company Krupp and introduced the chemical company Bayer to the Berlin stock market; the second half of the 1890s saw the beginning of a new period of expansion at Deutsche Bank. The bank formed alliances with large regional banks, giving itself an entrée into Germany's main industrial regions. Joint ventures were symptomatic of the concentration under way in the German banking industry. For Deutsche Bank, domestic branches of its own were still something of a rarity at the time. In addition, the bank perceived the value of specialist institutions for the promotion of foreign business. Gentle pressure from the Foreign Ministry played a part in the establishment of Deutsche Ueberseeische Bank in 1886 and the stake taken in the newly established Deutsch-Asiatische Bank three years but the success of those companies in showed that their existence made sound commercial sense.
The immediate postwar period was a time of liquidations. Having lost most of its foreign assets, Deutsche Bank was obliged to sell other holdings. A great deal of energy went into shoring up, but there was new business, some of, to have an impact for a long time to come. The bank played a significant role in the establishment of the film production company, UFA, the merger of Daimler and Benz; the bank merged with other local banks in 1929 to create Deutsche Bank und DiscontoGesellschaft, at that point the biggest merger in German banking history. Increasing costs were one reason for the merger. Another was the trend towards concentration throughout the industry in the 1920s; the merger came at just the right time to help counteract the emerging world economic and banking crisis. In 1937, the company name changed back to Deutsche Bank; the crisis was, in terms of its political impact, the most disastrous economic event of the century. The shortage of liquidity that paralyzed the banks was fuelled by a combination of short-term foreign debt and borrowers no longer able to pay their debts, while the inflexibility of the state exacerbated the situation.
For German banks, the crisis in the industry was a watershed. A return to circumstances that might in some ways have been considered reminiscent of the "golden age" before World War I was ruled out for many years. After Adolf Hitler came to power, instituting the Third Reich, Deutsche Bank dismissed its three Jewish board members in 1933. In subsequent years, Deutsche Bank took part in the aryanization of Jewish-owned businesses. During the war, Deutsche Bank incorporated other banks that fell into German hands du
Board of directors
A board of directors is a group of people who jointly supervise the activities of an organization, which can be either a for-profit business, nonprofit organization, or a government agency. Such a board's powers and responsibilities are determined by government regulations and the organization's own constitution and bylaws; these authorities may specify the number of members of the board, how they are to be chosen, how they are to meet. In an organization with voting members, the board is accountable to, might be subordinate to, the organization's full membership, which vote for the members of the board. In a stock corporation, non-executive directors are voted for by the shareholders, with the board having ultimate responsibility for the management of the corporation; the board of directors appoints the chief executive officer of the corporation and sets out the overall strategic direction. In corporations with dispersed ownership, the identification and nomination of directors are done by the board itself, leading to a high degree of self-perpetuation.
In a non-stock corporation with no general voting membership, the board is the supreme governing body of the institution, its members are sometimes chosen by the board itself. Other names include board of directors and advisors, board of governors, board of managers, board of regents, board of trustees, or board of visitors, it may be called "the executive board" and is simply referred to as "the board". Typical duties of boards of directors include: governing the organization by establishing broad policies and setting out strategic objectives. For companies with publicly trading stock, these responsibilities are much more rigorous and complex than for those of other types; the board chooses one of its members to be the chairman, who holds whatever title is specified in the by-laws or articles of association. However, in membership organizations, the members elect the president of the organization and the president becomes the board chair, unless the by-laws say otherwise; the directors of an organization are the persons.
Several specific terms categorize directors by the presence or absence of their other relationships to the organization. An inside director is a director, an employee, chief executive, major shareholder, or someone connected to the organization. Inside directors represent the interests of the entity's stakeholders, have special knowledge of its inner workings, its financial or market position, so on. Typical inside directors are: A chief executive officer who may be chairman of the board Other executives of the organization, such as its chief financial officer or executive vice president Large shareholders Representatives of other stakeholders such as labor unions, major lenders, or members of the community in which the organization is locatedAn inside director, employed as a manager or executive of the organization is sometimes referred to as an executive director. Executive directors have a specified area of responsibility in the organization, such as finance, human resources, or production.
An outside director is a member of the board, not otherwise employed by or engaged with the organization, does not represent any of its stakeholders. A typical example is a director, president of a firm in a different industry. Outside directors are not affiliated with it in any other way. Outside directors bring outside experience and perspectives to the board. For example, for a company that only serves a domestic market, the presence of CEOs from global multinational corporations as outside directors can help to provide insights on export and import opportunities and international trade options. One of the arguments for having outside directors is that they can keep a watchful eye on the inside directors and on the way the organization is run. Outside directors are unlikely to tolerate "insider dealing" between insider directors, as outside directors do not benefit from the company or organization. Outside directors are useful in handling disputes between inside directors, or between shareholders and the board.
They are thought to be advantageous because they can be objective and present little risk of conflict of interest. On the other hand, they might lack familiarity with the specific issues connected to the organization's governance and they might not know about the industry or sector in which the organization is operating. Director – a person appointed to serve on the board of an organization, such as an institution or business. Inside director – a director who, in addition to serving on the board, has a meaningful connection to the organization Outside director – a director who, other than serving on the board, has no meaningful connections to the organization Executive director – an insi
Henri de Toulouse-Lautrec
Henri Marie Raymond de Toulouse-Lautrec-Monfa known as Henri de Toulouse-Lautrec, was a French painter, draughtsman and illustrator whose immersion in the colourful and theatrical life of Paris in the late 19th century allowed him to produce a collection of enticing and provocative images of the modern, sometimes decadent, affairs of those times. Toulouse-Lautrec is among the best-known painters of the Post-Impressionist period, with Paul Cézanne, Vincent van Gogh, Paul Gauguin. In a 2005 auction at Christie's auction house, La Blanchisseuse, his early painting of a young laundress, sold for US$22.4 million and set a new record for the artist for a price at auction. Henri Marie Raymond de Toulouse-Lautrec-Monfa was born at the Hôtel du Bosc in Albi, Tarn, in the Midi-Pyrénées region of France, the firstborn child of Alphonse Charles Comte de Toulouse-Lautrec-Monfa and his wife Adèle Zoë Tapié de Celeyran; the last part of his name means. His younger brother died the following year. If he had outlived his father, Toulouse-Lautrec would have succeeded to the family title of Comte.
After the death of his brother, Toulouse-Lautrec's parents separated and a nanny took care of him. At the age of eight, Toulouse-Lautrec went to live with his mother in Paris where he drew sketches and caricatures in his exercise workbooks; the family realized that his talents lay in drawing and painting. A friend of his father, René Princeteau, visited sometimes to give informal lessons; some of Toulouse-Lautrec's early paintings are of horses, a speciality of Princeteau, a subject Lautrec revisited in his "Circus Paintings". In 1875, Toulouse-Lautrec returned to Albi, he took thermal baths at Amélie-les-Bains, his mother consulted doctors in the hope of finding a way to improve her son's growth and development. Toulouse-Lautrec's parents, the Comte and Comtesse, were first cousins, he suffered from congenital health conditions sometimes attributed to a family history of inbreeding. At the age of 13, Toulouse-Lautrec fractured his right femur. At 14, he fractured his left; the breaks did not heal properly.
Modern physicians attribute this to an unknown genetic disorder pycnodysostosis, or a variant disorder along the lines of osteopetrosis, achondroplasia, or osteogenesis imperfecta. Rickets aggravated by praecox virilism has been suggested. Afterwards, his legs ceased to grow, so that as an adult he was short, he developed an adult-sized torso, while retaining his child-sized legs. Additionally, he is reported to have had hypertrophied genitals. Physically unable to participate in many activities enjoyed by males his age, Toulouse-Lautrec immersed himself in art, he became an important Post-Impressionist painter, art nouveau illustrator, lithographer, through his works, recorded many details of the late-19th-century bohemian lifestyle in Paris. Toulouse-Lautrec contributed a number of illustrations to the magazine Le Rire during the mid-1890s. After failing college entrance exams, he passed his second attempt and completed his studies. During a stay in Nice, his progress in painting and drawing impressed Princeteau, who persuaded Toulouse-Lautrec's parents to let him return to Paris and study under the portrait painter Léon Bonnat.
Toulouse-Lautrec's mother had high ambitions and, with the aim of her son becoming a fashionable and respected painter, used their family's influence to get him into Bonnat's studio. He was drawn to Montmartre, the area of Paris famous for its bohemian lifestyle and the haunt of artists and philosophers. Studying with Bonnat placed Toulouse-Lautrec in the heart of Montmartre, an area he left over the next 20 years. After Bonnat took a new job, Toulouse-Lautrec moved to the studio of Fernand Cormon in 1882 and studied for a further five years and established the group of friends he kept for the rest of his life. At this time he met Vincent van Gogh. Cormon, whose instruction was more relaxed than Bonnat's, allowed his pupils to roam Paris, looking for subjects to paint. During this period, Toulouse-Lautrec had his first encounter with a prostitute, which led him to paint his first painting of a prostitute in Montmartre, a woman rumoured to be Marie-Charlet. With his studies finished, in 1887 he participated in an exposition in Toulouse using the pseudonym "Tréclau", the verlan of the family name "Lautrec".
He exhibited in Paris with Van Gogh and Louis Anquetin. The Belgian critic Octave Maus invited him to present eleven pieces at the Vingt exhibition in Brussels in February. Van Gogh's brother Theo bought Poudre de Riz for 150 francs for the Cie gallery. From 1889 until 1894, Toulouse-Lautrec took part in the Independent Artists' Salon on a regular basis, he made several landscapes of Montmartre. Tucked deep into Montmartre in the garden of Monsieur Pere Foret, Toulouse-Lautrec executed a series of pleasant plein-air paintings of Carmen Gaudin, the same red-headed model who appears in The Laundress; when the Moulin Rouge cabaret opened, Toulouse-Lautrec was commissioned to produce a series of posters. His mother had left Paris and, though he had a regular income from his family, ma
New York City
The City of New York called either New York City or New York, is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles, New York is the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 Metropolitan Statistical Area and 23,876,155 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural and media capital of the world, exerts a significant impact upon commerce, research, education, tourism, art and sports; the city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.
Situated on one of the world's largest natural harbors, New York City consists of five boroughs, each of, a separate county of the State of New York. The five boroughs – Brooklyn, Manhattan, The Bronx, Staten Island – were consolidated into a single city in 1898; the city and its metropolitan area constitute the premier gateway for legal immigration to the United States. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the world. New York City is home to more than 3.2 million residents born outside the United States, the largest foreign-born population of any city in the world. In 2017, the New York metropolitan area produced a gross metropolitan product of US$1.73 trillion. If greater New York City were a sovereign state, it would have the 12th highest GDP in the world. New York is home to the highest number of billionaires of any city in the world. New York City traces its origins to a trading post founded by colonists from the Dutch Republic in 1624 on Lower Manhattan.
The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, the Duke of York. New York served as the capital of the United States from 1785 until 1790, it has been the country's largest city since 1790. The Statue of Liberty greeted millions of immigrants as they came to the U. S. by ship in the late 19th and early 20th centuries and is an international symbol of the U. S. and its ideals of liberty and peace. In the 21st century, New York has emerged as a global node of creativity and entrepreneurship, social tolerance, environmental sustainability, as a symbol of freedom and cultural diversity. Many districts and landmarks in New York City are well known, with the city having three of the world's ten most visited tourist attractions in 2013 and receiving a record 62.8 million tourists in 2017. Several sources have ranked New York the most photographed city in the world. Times Square, iconic as the world's "heart" and its "Crossroads", is the brightly illuminated hub of the Broadway Theater District, one of the world's busiest pedestrian intersections, a major center of the world's entertainment industry.
The names of many of the city's landmarks and parks are known around the world. Manhattan's real estate market is among the most expensive in the world. New York is home to the largest ethnic Chinese population outside of Asia, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is the largest single-operator rapid transit system worldwide, with 472 rail stations. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, Rockefeller University, which have been ranked among the top universities in the world. Anchored by Wall Street in the Financial District of Lower Manhattan, New York has been called both the most economically powerful city and the leading financial center of the world, the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In 1664, the city was named in honor of the Duke of York.
James's older brother, King Charles II, had appointed the Duke proprietor of the former territory of New Netherland, including the city of New Amsterdam, which England had seized from the Dutch. During the Wisconsinan glaciation, 75,000 to 11,000 years ago, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth; the erosive forward movement of the ice contributed to the separation of what is now Long Island and Staten Island. That action left bedrock at a shallow depth, providing a solid foundation for most of Manhattan's skyscrapers. In the precolonial era, the area of present-day New York City was inhabited by Algonquian Native Americans, including the Lenape, whose homeland, known as Lenapehoking, included Staten Island; the first documented visit into New York Harbor by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown. He named it Nouvelle Angoulême. A Spanish expedition led by captain Estêvão Gomes, a Portuguese sailing for Emperor Charles V, arrived in New York Harbor in January 1525 and charted the mouth of the Hudson River, which he named Río de San Antonio.
The Padrón Rea
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university in Cambridge, Massachusetts. Founded in 1861 in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering; the Institute is a land-grant, sea-grant, space-grant university, with a campus that extends more than a mile alongside the Charles River. Its influence in the physical sciences and architecture, more in biology, linguistics and social science and art, has made it one of the most prestigious universities in the world. MIT is ranked among the world's top universities; as of March 2019, 93 Nobel laureates, 26 Turing Award winners, 8 Fields Medalists have been affiliated with MIT as alumni, faculty members, or researchers. In addition, 58 National Medal of Science recipients, 29 National Medals of Technology and Innovation recipients, 50 MacArthur Fellows, 73 Marshall Scholars, 45 Rhodes Scholars, 41 astronauts, 16 Chief Scientists of the US Air Force have been affiliated with MIT.
The school has a strong entrepreneurial culture, the aggregated annual revenues of companies founded by MIT alumni would rank as the tenth-largest economy in the world. MIT is a member of the Association of American Universities. In 1859, a proposal was submitted to the Massachusetts General Court to use newly filled lands in Back Bay, Boston for a "Conservatory of Art and Science", but the proposal failed. A charter for the incorporation of the Massachusetts Institute of Technology, proposed by William Barton Rogers, was signed by the governor of Massachusetts on April 10, 1861. Rogers, a professor from the University of Virginia, wanted to establish an institution to address rapid scientific and technological advances, he did not wish to found a professional school, but a combination with elements of both professional and liberal education, proposing that: The true and only practicable object of a polytechnic school is, as I conceive, the teaching, not of the minute details and manipulations of the arts, which can be done only in the workshop, but the inculcation of those scientific principles which form the basis and explanation of them, along with this, a full and methodical review of all their leading processes and operations in connection with physical laws.
The Rogers Plan reflected the German research university model, emphasizing an independent faculty engaged in research, as well as instruction oriented around seminars and laboratories. Two days after MIT was chartered, the first battle of the Civil War broke out. After a long delay through the war years, MIT's first classes were held in the Mercantile Building in Boston in 1865; the new institute was founded as part of the Morrill Land-Grant Colleges Act to fund institutions "to promote the liberal and practical education of the industrial classes" and was a land-grant school. In 1863 under the same act, the Commonwealth of Massachusetts founded the Massachusetts Agricultural College, which developed as the University of Massachusetts Amherst. In 1866, the proceeds from land sales went toward new buildings in the Back Bay. MIT was informally called "Boston Tech"; the institute adopted the European polytechnic university model and emphasized laboratory instruction from an early date. Despite chronic financial problems, the institute saw growth in the last two decades of the 19th century under President Francis Amasa Walker.
Programs in electrical, chemical and sanitary engineering were introduced, new buildings were built, the size of the student body increased to more than one thousand. The curriculum drifted with less focus on theoretical science; the fledgling school still suffered from chronic financial shortages which diverted the attention of the MIT leadership. During these "Boston Tech" years, MIT faculty and alumni rebuffed Harvard University president Charles W. Eliot's repeated attempts to merge MIT with Harvard College's Lawrence Scientific School. There would be at least six attempts to absorb MIT into Harvard. In its cramped Back Bay location, MIT could not afford to expand its overcrowded facilities, driving a desperate search for a new campus and funding; the MIT Corporation approved a formal agreement to merge with Harvard, over the vehement objections of MIT faculty and alumni. However, a 1917 decision by the Massachusetts Supreme Judicial Court put an end to the merger scheme. In 1916, the MIT administration and the MIT charter crossed the Charles River on the ceremonial barge Bucentaur built for the occasion, to signify MIT's move to a spacious new campus consisting of filled land on a mile-long tract along the Cambridge side of the Charles River.
The neoclassical "New Technology" campus was designed by William W. Bosworth and had been funded by anonymous donations from a mysterious "Mr. Smith", starting in 1912. In January 1920, the donor was revealed to be the industrialist George Eastman of Rochester, New York, who had invented methods of film production and processing, founded Eastman Kodak. Between 1912 and 1920, Eastman donated $20 million in cash and Kodak stock to MIT. In the 1930s, President Karl Taylor Compton and Vice-President Vannevar Bush emphasized the importance of pure sciences like physics and chemistry and reduced the vocational practice required in shops and drafting studios; the Compton reforms "renewed confidence in the ability of the Institute to develop leadership in science as well as in engineering". Unlike Ivy League schools, MIT catered more to middle-class families, depended more on tuition than on endow