John Fairfield Dryden (August 7, 1839 – November 24, 1911) was an American insurance executive and Republican politician who represented New Jersey in the United States Senate from 1902 to 1907. Prior to his election, Dryden founded the Fidelity Trust Company and Prudential Insurance Company. He served as president of Prudential from 1881 until his death, when he was succeeded by his son Forrest F. Dryden. He was known as the "father of industrial insurance".[1]
In 1875, he founded the Widows and Orphans Friendly Society (now Prudential Financial) in Newark, New Jersey, becoming its first secretary and in 1881 its president, serving in the latter position until his death in 1911.[1] His son Forrest succeeded him as president, serving until 1922.[2]
Dryden was one of the founders of the Fidelity Trust Company and was involved in the establishment and management of various street railways, banks, and other financial enterprises in New Jersey, New York, and Pennsylvania.[1]
Political career
He was elected as a Republican to the U.S. Senate to fill the vacancy caused by the death of William J. Sewell, serving from January 29, 1902, to March 3, 1907. Dryden was a candidate for reelection but withdrew because of a deadlock in the state legislature, which at the time elected U.S. Senators. While in the Senate, he was chairman of the Committee on Relations with Canada (57th Congress) and a member of the Committee on Enrolled Bills (58th and 59th Congresses).[1]
Personal life
Dryden was married to Cynthia Jennings Fairchild (1842–1916). Together, they were the parents of:
His estate was valued at $50,000,000. In addition to his home in Bernardsville, New Jersey, Dryden was in the process of constructing a home in High Point, New Jersey, that was to be one of the largest homes in the country.[1]
^"John F. Dryden Operated On". Hartford Courant. November 20, 1911. Archived from the original on November 4, 2012. Retrieved October 20, 2010. John F Dryden president of the Prudential Insurance Company was operated on for gallstones yesterday at his home in Newark, N.J. ...