Condy Raguet

Condy Raguet (January 28, 1784 March 22, 1842) was the first charg d'affaires from the United States to Brazil and a noted politician and free trade advocate from Philadelphia, Pennsylvania. Of French descent, Raguet was educated at the University of Pennsylvania. After graduating he began studying law but had to give up his studies after the death of his father. He briefly worked as supercargo for a counting house, before going into business for himself. He later worked as manager or president for several companies, the most notable being the Philadelphia Savings Fund Society. In 1816 Raguet read about the growth of savings banks in Great Britain and liked the idea; he approached other Philadelphia business associates and together they created the Society, the first savings bank in the United States.

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