Ede Pallavicini, Margrave
Margrave Ede Pallavicini was born into an old noble family of Italian origin in 1845. In addition to managing his estate of several thousand acres in Transdanubia, he studied law and in the 1870s successfully rose through the ranks. From 1880 he served as president of the Hungarian General Credit Bank and as an internal councillor. In the last decade of the century, he initiated the establishment of several companies, including the Agricultural Industry Joint Stock Company, of which he was chairman until 1913. He died in Rijeka in 1914.
Ede Pallavicini was born in Sopron on 5 July 1845 into the Italian Pallavicini family, a family of the Marquis of Sopron. His father, Arthur Pallavicini (1810-1872), was an Imperial and Royal Gold Cross, Captain of the 7th Hussars Regiment, and his mother, Count Teresa Spaur (1818-1902), was a Star Cross and palace lady. His wife was Etelka Majláth (1853-1936), daughter of György Mailáth, the judge of the court of the seat, whom he married in 1873 in Valpo and who was also a descendant of the first governor of Fiume, József Majláth.
The young Ede Pallavicini was educated in Sopron and Bratislava, where his father was stationed as a hussar captain. In 1867, he entered the public administration and served as honorary deputy notary of Sopron County. From 1869 to 1880 he worked as a ministerial adviser in the Ministry of Finance: in 1871 he was a draftsman in the 3rd department (credit) of the Ministry of Finance, and from 1872 he held the same post in the 2nd department (credit, public debt). From 1874, he was Secretary to the Minister in Department 2, and from 1878, he was Secretary to the Minister in the same department, with the title of Departmental Adviser. From 1878 he was Imperial and Royal Chamberlain and in 1897 Privy Councillor. In 1900 he became president of the Danubian Public Culture Association.
It is worth mentioning that in 1879 he became director of the Hungarian General Credit Bank. After the extraordinary general meeting in December 1879, Pallavicini was inaugurated at the meeting of the Board of Directors on 5 January 1880. He held the post of director until 1900. He was a director of the Credit Bank from 1901 to 1905, managing director from 1906 to 1913 and vice-president from 1910 to 1913. He played a prominent role in the conversion of the gold annuity, which began in 1881, and in all the government lending operations, including the 1892 conversion for the issue of the Crown Jewel, as the representative of the Rothschild Group in the Hungarian General Credit Bank, which led these operations. In the early eighties, after the enactment of the Industrial Partnership Act, he was involved in the task of developing Hungarian industry. It was around this time that he established the Rice Husking and Rice Starch Company of Rijeka and the Petroleum Refinery Company. Subsequently, he was responsible for the re-establishment of the Metal and Lamp Factory, the Hungarian River and Shipping Joint Stock Company, the Joint Stock Company for Electricity and Transport Companies and the Brasov Cellulose Factory Joint Stock Company. In particular, he rendered outstanding service to the sugar industry in Hungary by establishing the Agricultural Industry Joint Stock Company.
During his active years, he initiated and was a director of several business ventures. In addition to the above, he was a director of the National Central Credit Cooperative, and a member of the board of directors and supervisory board of the Farmers' Insurance Cooperative and the Hungarian Land Credit Institute. He had been a member of the Board of Directors of the Hungarian National Economic Association since 14 May 1882 and was also a founding member of the Association. At the general meeting of 13 December 1903 he was elected III Vice President, and on 21 December 1912 II Vice President.
Ede Pallavicini died in Fiume on 19 January 1914, aged 68. As an enthusiast of the naval fleet and president of the Ganz-Danubius Ship and Engineering Company, he took part in the launching of the battleship St. Stephen in Fiume on 16 January, but was feeling unwell. It is presumed that he contracted pneumonia on the way to Rijeka before the ceremony, which caused his death.
He remembers that in 1928, the director of the Mezőhegyes sugar factory, once owned by Ede Pallavicini, a member of the Hungarian General Credit Bank, wrote a letter to the mayor of Kaposvár requesting that a street in Kaposvár be named after the major. In support of his request, Lajos Körmendy argued that the Marquis had given the first impetus to the development of Kaposvár by founding the Agricultural Industry Joint Stock Company in 1890 and then, after renting the Kaposvár estate of Prince Esterházy, building the Kaposvár sugar factory. As a result, the population of Kaposvár increased from 12,000 to 18,000 in the 1890s, the highest relative population growth of the period according to the census.
Sources
Ágnes Kenyeres (editor-in-chief): Hungarian Biographical Dictionary. Akadémiai Kiadó. Budapest, 1982. 346.
György Kövér: Bankers and bureaucrats. Aetas. 2005, 20(1-2). 93-114.
Press material 1845-1928.
Born: 5 July 1845.
Place of birth: Sopron (city of Sopron), according to other sources Padova (Habsburg Empire)
Date of death: 19 January 1914.
Place of death: Fiume (Kingdom of Hungary)
Occupation: landowner, economist, politician, member and clerk of the House of Lords, de facto internal councillor
Parents: Arthur Pallavicini (1810-1872), Count Teresa Spaur (1818-1902)
Spouses: Etelka Majláth (1853-1936)
Children: Pallavicini Eduardina (1877-1964), Pallavicini Stefania (1880-1950), Pallavicini György (1881-1946), Pallavicini Mária Terézia (1884-1973?)
Author: Róbert Szabó
Born: 5 July 1845.
Place of birth: Sopron (city of Sopron), according to other sources Padova (Habsburg Empire)
Date of death: 19 January 1914.
Place of death: Fiume (Kingdom of Hungary)
Occupation: landowner, economist, politician, member and clerk of the House of Lords, de facto internal councillor
Parents: Arthur Pallavicini (1810-1872), Count Teresa Spaur (1818-1902)
Spouses: Etelka Majláth (1853-1936)
Children: Pallavicini Eduardina (1877-1964), Pallavicini Stefania (1880-1950), Pallavicini György (1881-1946), Pallavicini Mária Terézia (1884-1973?)
Author: Róbert Szabó
Ede Pallavicini, Margrave
Margrave Ede Pallavicini was born into an old noble family of Italian origin in 1845. In addition to managing his estate of several thousand acres in Transdanubia, he studied law and in the 1870s successfully rose through the ranks. From 1880 he served as president of the Hungarian General Credit Bank and as an internal councillor. In the last decade of the century, he initiated the establishment of several companies, including the Agricultural Industry Joint Stock Company, of which he was chairman until 1913. He died in Rijeka in 1914.
Ede Pallavicini was born in Sopron on 5 July 1845 into the Italian Pallavicini family, a family of the Marquis of Sopron. His father, Arthur Pallavicini (1810-1872), was an Imperial and Royal Gold Cross, Captain of the 7th Hussars Regiment, and his mother, Count Teresa Spaur (1818-1902), was a Star Cross and palace lady. His wife was Etelka Majláth (1853-1936), daughter of György Mailáth, the judge of the court of the seat, whom he married in 1873 in Valpo and who was also a descendant of the first governor of Fiume, József Majláth.
The young Ede Pallavicini was educated in Sopron and Bratislava, where his father was stationed as a hussar captain. In 1867, he entered the public administration and served as honorary deputy notary of Sopron County. From 1869 to 1880 he worked as a ministerial adviser in the Ministry of Finance: in 1871 he was a draftsman in the 3rd department (credit) of the Ministry of Finance, and from 1872 he held the same post in the 2nd department (credit, public debt). From 1874, he was Secretary to the Minister in Department 2, and from 1878, he was Secretary to the Minister in the same department, with the title of Departmental Adviser. From 1878 he was Imperial and Royal Chamberlain and in 1897 Privy Councillor. In 1900 he became president of the Danubian Public Culture Association.
It is worth mentioning that in 1879 he became director of the Hungarian General Credit Bank. After the extraordinary general meeting in December 1879, Pallavicini was inaugurated at the meeting of the Board of Directors on 5 January 1880. He held the post of director until 1900. He was a director of the Credit Bank from 1901 to 1905, managing director from 1906 to 1913 and vice-president from 1910 to 1913. He played a prominent role in the conversion of the gold annuity, which began in 1881, and in all the government lending operations, including the 1892 conversion for the issue of the Crown Jewel, as the representative of the Rothschild Group in the Hungarian General Credit Bank, which led these operations. In the early eighties, after the enactment of the Industrial Partnership Act, he was involved in the task of developing Hungarian industry. It was around this time that he established the Rice Husking and Rice Starch Company of Rijeka and the Petroleum Refinery Company. Subsequently, he was responsible for the re-establishment of the Metal and Lamp Factory, the Hungarian River and Shipping Joint Stock Company, the Joint Stock Company for Electricity and Transport Companies and the Brasov Cellulose Factory Joint Stock Company. In particular, he rendered outstanding service to the sugar industry in Hungary by establishing the Agricultural Industry Joint Stock Company.
During his active years, he initiated and was a director of several business ventures. In addition to the above, he was a director of the National Central Credit Cooperative, and a member of the board of directors and supervisory board of the Farmers' Insurance Cooperative and the Hungarian Land Credit Institute. He had been a member of the Board of Directors of the Hungarian National Economic Association since 14 May 1882 and was also a founding member of the Association. At the general meeting of 13 December 1903 he was elected III Vice President, and on 21 December 1912 II Vice President.
Ede Pallavicini died in Fiume on 19 January 1914, aged 68. As an enthusiast of the naval fleet and president of the Ganz-Danubius Ship and Engineering Company, he took part in the launching of the battleship St. Stephen in Fiume on 16 January, but was feeling unwell. It is presumed that he contracted pneumonia on the way to Rijeka before the ceremony, which caused his death.
He remembers that in 1928, the director of the Mezőhegyes sugar factory, once owned by Ede Pallavicini, a member of the Hungarian General Credit Bank, wrote a letter to the mayor of Kaposvár requesting that a street in Kaposvár be named after the major. In support of his request, Lajos Körmendy argued that the Marquis had given the first impetus to the development of Kaposvár by founding the Agricultural Industry Joint Stock Company in 1890 and then, after renting the Kaposvár estate of Prince Esterházy, building the Kaposvár sugar factory. As a result, the population of Kaposvár increased from 12,000 to 18,000 in the 1890s, the highest relative population growth of the period according to the census.
Sources
Ágnes Kenyeres (editor-in-chief): Hungarian Biographical Dictionary. Akadémiai Kiadó. Budapest, 1982. 346.
György Kövér: Bankers and bureaucrats. Aetas. 2005, 20(1-2). 93-114.
Press material 1845-1928.