Jesse H. Jones, the man and the statesman

Edité par Henry Holt amd Cp, [amu, New York, 1956

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414 p. 25 cm. Illustrations. Index. From Wikipedia: "Holman Jones (April 5, 1874 June 1, 1956) was a Democratic politician and entrepreneur from Houston, Texas. He served as United States Secretary of Commerce from 1940 to 1945. His most important role was to head the Reconstruction Finance Corporation (RFC), (1932 1945), a federal agency originally created in the Herbert Hoover administration that played a major role in combating the Great Depression and financing industrial expansion during World War II. Jones was in charge of spending US$50 billion, especially in financing railways and building munitions factories. Born in Robertson County, Tennessee, Jones was the son of tobacco farmer and merchant William Hasque Jones and Laura Anna Holman. His mother died when he was six years old. His father sent him to manage a tobacco factory at age 14, and at 19 he was put in charge of his uncle's lumberyards. Five years later, after his uncle, M. T. Jones, died, Jones moved to Houston to manage his uncle's estate and opened a lumberyard company, which grew quickly. During this period, Jesse opened his own business, the South Texas Lumber Company. He also began to expand into real estate, In 1908, Jones constructed a new office and plant for the rapidly growing Houston Chronicle in exchange for a half-interest in the company, which had been solely owned by Marcellus Foster." The relationship between Jones and the "Chronicle would last the rest of his life." In 1926, Jones became the sole owner of the paper and named himself as publisher. In 1937, he transferred ownership of the paper to the newly established Houston Endowment Inc. Jones retained the title of publisher until his death in 1956. Sometime after 1908, Jones organized the Texas Trust Company. By 1912, he had become president of Houston's National Bank of Commerce. This bank later merged with Texas National Bank to become the Texas National Bank of Commerce, and grew into a major regional financial institution. It became part of JP Morgan Chase & Co. in 2008. In 1911, Jones purchased the original five-story Rice Hotel from Rice University. He then razed the original buildings and constructed the present 17-story building, now formally named as the Post Rice Lofts. The new Rice Hotel building opened on May 17, 1913. Jones soon made his mark as a builder across Houston, and helped to secure federal funding for the Houston Ship Channel, which opened in 1914 and made the city a viable port. President Woodrow Wilson offered him the position of Secretary of Commerce, but Jones decided instead to focus on his businesses though he could not refuse when Wilson asked him to become director general of military relief for the American Red Cross during World War I. When the Reconstruction Finance Corporation was established in 1932, President Hoover appointed Jones to the RFC's board, even though Hoover was a Republican and Jones a Democrat. In 1933, President Franklin Delano Roosevelt made him the Chairman of the RFC, while also expanding the RFC's powers to make loans and bail out banks. This led some to refer to Jones as "the fourth branch of government." Roosevelt reportedly called Jones "Jesus H. Jones." According to Joseph P. Lash, the President considered Jones too conservative and shot down a strong movement to make Jones the Democratic vice presidential nominee in 1940. Jones retired from the RFC on 17 July 1939, to become Federal Loan Administrator (head of the Federal Loan Agency, which supervised the RFC and some other bodies). Jones later served under Roosevelt as Secretary of Commerce in 1940 the same position he had turned down a quarter-century before and served until 1945, when he was forced out in favor of Roosevelt's outgoing Vice President, Henry A. Wallace. Fair. No dust jacket. Spine faded and parts of cover discolored. Slightly shaken. First edition. First Edition [stated]. Presumed first printing.…

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Détails bibliographiques

Titre
Jesse H. Jones, the man and the statesman
Auteur
Timmons, Bascom N.
Éditeur
Henry Holt amd Cp, [amu, New York
Année de publication
1956
Reliure
Hardcover
Édition
Edition originale
Catalogues du vendeur
Woodrow Wilson

Ground Zero Books, Ltd.

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