Henry Leman was one of the more prolific rifle makers prior to flintlock rifles becoming obsolete due to breechloading cartridge guns. He completed many state contracts as well as providing supply to Indian tribes.
This Lancaster rifle features an exquisite maple stock with faux figure hand painted stripes. The pewter forend cap and barrel have crude engraving. Additionally, its percussion lock remains in good condition.
Early Life and Education
Columbia University honors Lehman with a library named for him, while Barnard College named one of their dormitories after him as well. Williams College – his alma mater – named a building after him while Lehman High School on Westchester Square in The Bronx is also dedicated to him.
Henry was an excellent gunsmith who created rifles for both civilian and Indian trade markets, including long Lancaster rifles crafted with pi maple stocks and artifically striped strips, plains rifles for Indian trading purposes, as well as being aware of shifting trends in firearms technology and reacting quickly when necessary. Additionally, Henry proved an adept businessman, expanding his company from being small southern store into large Northern financial services firm through hard work, luck and smart decisions – thus cementing his success.
Henry Leman opened a general store with his brothers Emanuel and Mayor in Montgomery Alabama. Soon thereafter they expanded into Lehman Brothers – an investment banking, sales and trading of equity and fixed income securities, research services, as well as private equity opportunities provider.
From 1828-1831 he served his gunmaking apprenticeship under master craftsman Melchoir Fordney of Lancaster, Pennsylvania before working as an apprentice gunsmith with Philadelphia gunsmith George Tryon until 1834 when he established his own shop in Lancaster to produce contract trade rifles for both Indian bureau and western traders with both full-maple flintlock rifles as well as half-stock percussion models.
He played an influential role in the financial crisis, blocking Barclays’ bid for Lehman Brothers and endorsing its controversial mortgage bond market – both prior to Lehman Brothers’ collapse. Additionally, he continued placing bets across markets around the world.
Achievement and Honors
Henry Leman was a highly accomplished businessman, Governor of New York and United States Senator who tragically passed away due to heart failure while on his way to receive the Presidential Medal of Freedom from President Jimmy Carter in Washington D.C.
His four sons all enjoyed great success: Sigmund in business, Arthur in law, Irving in journalism, and Herbert in banking. All four brothers had impressive educations – something often associated with reform Jews who sought assimilation into American society.
As war broke out across Europe during the late 1930s, Leman led New Yorkers in speeding up civil defense activities, waiving maximum-hour laws to increase production rates and conserve steel, rubber and other resources. He strongly supported President Roosevelt’s initiative of strengthening America’s military power while providing aid to England and France.
Mayer Lehman taught his son Herbert the importance of helping others. Herbert carried this tradition throughout his life and was an active supporter of Lillian Wald’s Henry Street Settlement and American Jewish Joint Distribution Committee among many other charitable causes and initiatives.
Lehman stressed the need for preparedness before any potential world war, supporting President Roosevelt’s initiatives to increase America’s military strength while aiding England and France.
Henry lived with Anna in Maine and they raised four children. On month day at age 79 in death place he died with melancholy bearing. Wearing white shirts starched and tucked into black trousers, his slow gait showed signs of weariness as did his starched white collar shirt with its starched collar and the carefree stride characteristic of an old man.
Paulson left Treasury in 2009 and founded both the Paulson Institute, which promotes sustainable growth, US-China investment, and co-founded Aspen Economic Strategy Group; both groups allow luminaries to discuss US economy issues.
Henry, Emanuel and Mayer reinvented their business to become a major commodity brokerage firm. Moving the headquarters from London to New York ensured the longevity of the firm.
He amassed his fortune betting against banks that had bundled mortgage bonds onto their balance sheets, as depicted by Steve Carell in the film The Big Short. Today he works as an independent investor; bets against both US housing market and Tesla have been placed with him.