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Encyclopedia of Connecticut biography, genealogical-memorial ...

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which the public school <strong>of</strong>fered, he con-<br />

tinued his education during his spare<br />

hours at home and at work. David Ban-<br />

ning secured his first employment in a<br />

general store in his native town operated<br />

by Stoddard Stevens, and here he acted<br />

in the capacity <strong>of</strong> clerk for a few years.<br />

Leaving the employ <strong>of</strong> Stoddard Stevens,<br />

he spent a period in the employ <strong>of</strong> the<br />

Federal Government.<br />

David Banning's connection with the<br />

city <strong>of</strong> Cincinnati, Ohio, dated from April<br />

1847, when the city gave but faint indications<br />

<strong>of</strong> the splendid future which was<br />

before it, and the great proportions to<br />

which it would grow. He watched care-<br />

fully the steady growth <strong>of</strong> its great in-<br />

dustries and commercial enterprises, play-<br />

ing a quiet and effective part in the great<br />

work. His arrival in Cincinnati antedated<br />

the laying <strong>of</strong> the first railroad in that section<br />

<strong>of</strong> the State. Shortly after his com-<br />

ing to the city he entered on his first busi-<br />

ness venture, forming a partnership with<br />

his brother, Jeremiah W. Banning. The<br />

two embarked in a commission business,<br />

with their headquarters located on Walnut<br />

Street, between Front and Second<br />

streets. The business met with a high<br />

degree <strong>of</strong> success, and after a short period<br />

the partnership was dissolved, the two<br />

brothers henceforward conducting their<br />

operations separately.<br />

Mr. Banning immediately organized<br />

another business, which for a period <strong>of</strong><br />

twenty-five years he continued to direct.<br />

From comparatively obscure beginnings,<br />

through the business talent and constructive<br />

policies <strong>of</strong> management <strong>of</strong> Mr. Ban-<br />

ning, the business grew to large propor-<br />

tions, and occupied a position <strong>of</strong> import-<br />

ance among the largest enterprises <strong>of</strong> its<br />

kind in the city <strong>of</strong> Cincinnati. He was<br />

eminently fitted for business life, and the<br />

handling <strong>of</strong> large affairs, by reason <strong>of</strong> his<br />

ENCYCLOPEDIA OF BIOGRAPHY<br />

39<br />

ability to judge clearly and quickly the<br />

relative merits <strong>of</strong> any proposition brought<br />

before him, his breadth <strong>of</strong> vision, and his<br />

persistence, once his decision to act had<br />

been taken. He was a business man <strong>of</strong><br />

the self-made type, a man <strong>of</strong> broad toler-<br />

ance and human understanding, a leader<br />

who was instinctively obeyed. He invited<br />

and received the confidence <strong>of</strong> his employees,<br />

many <strong>of</strong> whom he advised, and<br />

many <strong>of</strong> whom he aided toward independent<br />

business ventures. He easily<br />

inspired confidence and support, first<br />

through the marked and well known<br />

honesty <strong>of</strong> his dealings, and second<br />

through the success <strong>of</strong> all his undertakings.<br />

David Banning was known<br />

throughout the city <strong>of</strong> Cincinnati and the<br />

larger commercial cities <strong>of</strong> Ohio as a man<br />

<strong>of</strong> the strictest integrity. Although not<br />

connected actively or <strong>of</strong>ficially with the<br />

public life <strong>of</strong> the city <strong>of</strong> Cincinnati, Mr.<br />

Banning was, nevertheless, a factor <strong>of</strong><br />

importance in the city's growth and de-<br />

velopment. He was looked to as one <strong>of</strong><br />

its foremost citizens, and accorded a place<br />

as such. He was connected in executive<br />

capacities with many <strong>of</strong> the large finan-<br />

cial and commercial enterprises <strong>of</strong> the<br />

city, and was for thirty-two years a member<br />

<strong>of</strong> the board <strong>of</strong> directors <strong>of</strong> the Fourth<br />

National Bank <strong>of</strong> Cincinnati, his connec-<br />

tion with that institution dating from its<br />

founding, in which he took an active in-<br />

terest.<br />

Mr. Banning was a Republican in polit-<br />

ical affiliation, and kept well abreast <strong>of</strong><br />

the times, though he took no active part<br />

in the political life <strong>of</strong> the city. He was<br />

active, however, in social and fraternal<br />

interests. The name <strong>of</strong> his friends was<br />

legion, and his death, which occurred in<br />

Cincinnati, March 8, 1901, was the cause<br />

<strong>of</strong> deep-felt and wide-spread grief.<br />

David Banning married, in Erie, Penn-

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