William Boyce Thompson (1869 – 1930) was a rare combination of hardheaded realist and dreamer. Schooled in the rough mining towns of Montana – but also at Phillips Exeter Academy mining stocks on Wall Street and owning and operating mines. He was not only a shrewd man of business but also had great intellectual curiosity, particularly about science. He wished to be a force for good in the world and supported various philanthropies. Thompson’s life is chronicled in his 1935 biography, The Magnate.
He visited Russia in 1917, just after the overthrow of the monarchy, when civil war was raging and starvation was rampant. Thompson was a member of an American Red Cross relief mission that also hoped to encourage formation of a democratic government in Russia. He was awarded the honorary title of colonel by the American Red Cross.
The mission saw firsthand the suffering of the people and the inability of the social democratic government headed by Alexander Kerensky to feed the hungry. Although Thompson added over $1 million of his own to the relief funds provided by the U.S. government, he was unable to convince President Woodrow Wilson to do more. Soon after the Americans had returned home, the Kerensky government fell and the Bolsheviks came to power. Thompson’s hopes for a prosperous democracy in Russia were ended. The Russian experience convinced him that agriculture, food supply, and social justice are linked. World political stability in the future, he prophesied, would depend on the availability of adequate food. This conviction, along with his faith in science, helped to shape his next philanthropic project.
In 1920 he decided to establish an institute for plant research. Its purpose would be to study “why and how plants grow, why they languish or thrive, how their diseases may be conquered, how their development may be stimulated by the regulation of the elements which contribute to their life.” The study of plants, he hoped, would result in
practical, substantial contributions to human welfare. The growing population of the United States would need a larger food supply. The study of plant diseases and the development of cures for them, the creation through genetic research of hardier, more nutritious, disease-resistant crop plants and more viable seeds, the study of insects that damage food crops, and the production of new pesticides all would contribute to this goal. Conservation would be another goal: “Men were too prone in America to destroy vegetation, especially forests and grazing surfaces,” he said. “They must learn now to conserve.” The effect of industrial pollutants on plants and the development of methods to protect plants would be studied. Thompson expected the institute to make valuable contributions to general scientific knowledge, to biology, and to medicine.
William B. Thompson endowed the institute with $10 million, a veritable fortune in the 1920s. He hoped that this “seed” money would enable the institute to acquire the very best scientists, equipment, and supplies and then to develop relationships with industry and the government to help finance research.
The licensing of institute patents with companies has helped balance funding during years of lean government support. Thompson believed that commerce and industry are beneficial to society and that commercial development of research results would spread the institute’s discoveries.
By 1924 an interdisciplinary team of academic researchers had been assembled, and the facilities were finished. Many luminaries attended the dedication ceremonies on September 24 for the Boyce Thompson Institute for Plant Research (named, not for Thompson himself but for his parents, Anne Boyce Thompson and William Thompson).