The Field Museum was incorporated in the State of Illinois on September 16, 1893 as the Columbian Museum of Chicago with its purpose the "accumulation and dissemination of knowledge, and the preservation and exhibition of objects illustrating art, archaeology, science and history." In 1905, the Museum's name was changed to Field Museum of Natural History to honor the Museum's major benefactor, Marshall Field, and to better reflect its focus on the natural sciences. In 1921 the Museum moved from its original location in Jackson Park to its present site on Chicago Park District property near downtown where it is part of a
Museum of Science & Industry
This magnificent structure was built by Marshall Field as the original Field Museum of Natural History. Field built the architectural masterpiece as a gift to the city and as a centerpiece for
When the new
John G Shedd Aquarium
In the early 1920's, Marshall Field and Company President John G. Shedd made a $2 million gift to begin the process of design and finance later construction of what would become the world's greatest aquarium. He added another $1 million to make sure his aquarium would be just as grand as the two museums already in Grant Park: the Art Institute of Chicago and the
Shedd called for
Inspired by Burnham’s famous charge, “make no little plans,” Shedd got down to business making plans for the world’s largest aquarium. From
On December 19, 1929, Chicagoans had just dug out from a blizzard. They were still reeling from the stock market crash two months earlier. A sneak preview of the magnificent Shedd Aquarium provided a much-needed boost. Thousands lined up to see the stupendous building and the aquarium’s only display — a large freshwater pool featuring fishes, reptiles and amphibians.
Over the next year, more than a million gallons of seawater were shipped by rail from
When the aquarium officially opened on May 30, 1930, it housed the greatest variety of sea life under one roof. Sadly, John G. Shedd only lived long enough to see the architect’s first drawings for his aquarium. It was his widow, Mary R. Shedd, who cut the ribbon at the official opening ceremony. In 1938, Mary Shedd donated an additional $1.5 million to start an endowment fund for the aquarium. In the years since, generations of the Shedd family and Marshall Field's have continued their generous leadership role in support of the aquarium.
Art Institute of
Marshall Field made the first of his major philanthropies when he was a charter member of the corporation formed in 1878 to found the institution which became the Art Institute of Chicago. Field's generosity financed the purchase of the museum's original collections and the Field family continues this leadership role among the most generous donors to the museum. In 1877, following a fire that destroyed Field's store on
The
Merchandise Mart
The Merchandise Mart opened on Monday, May 5, 1930, six months into the Depression and was built to house Marshall Field's wholesale activities. In 1931, Marshall Field and Company's losses amounted to five million dollars; the figure rose to eight million in 1932, but Field's continued operations to preserve jobs and to show faith in
In 1935, still believing that they could save Field's wholesale division, efficiency experts were called in and dealt the final blow: Field's jobbing division, the heart and soul of wholesale trade, would have to be eliminated. Within six months, Field's wholesale division was virtually liquidated.
Field's reduced its space in The Merchandise Mart from four floors to one and half, however the Mart continued to introduce current and avant-garde trends in home furnishings in its showrooms and trade shows.
Events in the late 1930s spurred economic recovery, Marshall Field and Company once again began to record profits. Later, during the years of W.W.II, The Merchandise Mart experienced the dreary presence of hundreds of government offices. Ironically, this was the time when the completion of the Pentagon in 1943, at 6.2 million square feet, caused a change in The Mart's title from "the largest building in the world" to "the largest commercial building in the world."
In 1945, ownership of The Mart passed from Marshall Field and Company to Joseph P. Kennedy, former ambassador to
