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Dodge, Joseph Morrell (18 November 1890–02 December 1964), banker and government financial official, was born in Detroit, Michigan, the son of Joseph Cheeseman Dodge, an artist, and Gertrude Hester Crow. After graduating from Central High School in Detroit in 1908, Dodge became a clerk for the Standard Accident Insurance Company. In 1909 he joined the Central Savings Bank, where he advanced from messenger to general bookkeeper. After brief employment as an accountant, Dodge spent five years beginning in 1911 as a bank and securities examiner for the state of Michigan. He then went to work for the Bank of Detroit as an operating officer in 1916. In that same year he married Julia Jane Jeffers, and they had one son....

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Henderson, Leon (26 May 1895–19 October 1986), economist and government official, was born in Millville, New Jersey, the son of Chester Henderson, a glass factory worker, and Lida Beebe. When Leon was twelve years old, his father bought a farm with the family’s savings, leaving nothing for Henderson’s further education. While working odd jobs, Henderson graduated from Millville High School in 1913. After a semester at the University of Pennsylvania (having dropped out because of money problems), and with the help of a scholarship, he enrolled at Swarthmore college in 1915. When the United States entered World War I, Henderson enlisted in the army. Discharged in 1919, he returned to Swarthmore, graduating in 1920. From 1920 to 1922 he was a graduate student in economics at the University of Pennsylvania and then became an assistant professor of economics at Carnegie Institute of Technology. Next he joined the administration of Pennsylvania governor ...

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Jones, Jesse Holman (05 April 1874–01 June 1956), businessman, federal agency head, and cabinet member, was born in Robertson County, Tennessee, the son of William Hasque Jones and Anne Holman, farmers and merchants. Jones’s mother died when he was six. In 1883 the family moved to Dallas, Texas, where his father helped manage the expanding lumber business of his brother M. T. Jones. In 1886 the family returned to north central Tennessee, where his father purchased a 600-acre farm and resumed an active interest in the tobacco business. Despite the family’s modest wealth and comfortable home life, at age fourteen Jones left school and began grading, buying, and selling tobacco for his father and uncles. His father offered to send him to college, but Jones was anxious to make money. When his father died in 1894, Jones became the Dallas branch manager for M. T. Jones Lumber Company. When M. T. Jones died in 1898, Jones moved to Houston to become general manager of the company and an executor of the $1 million estate....

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Meyer, Eugene Isaac (31 October 1875–17 July 1959), investment banker, government official, and newspaper publisher, was born in Los Angeles, California, the son of Marc Eugene Meyer, a retail merchant, and Harriet Newmark. After growing up in San Francisco, Meyer attended the University of California for one year in 1892. He was a mediocre student who spent much of his time drinking and gambling. After his freshman year, his family moved to New York City and he transferred to Yale. By working much harder academically at Yale, Meyer earned excellent grades and was elected to Phi Beta Kappa. After skipping his junior year, he graduated with an A.B. with honors in 1895, ranking nineteenth in a class of 250. Meyer then spent two years in Europe learning French and German and gaining work experience in banking and international finance. On returning to the United States, Meyer was employed by the international banking firm of Lazard Frères, where his father was a partner. However, because his duties there were menial compared with the work he had been doing in Europe, Meyer left the firm in 1901, much against his father’s wishes, to open his own investment firm....

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Warburg, Paul Moritz, (10 Aug. 1868–24 Jan. 1932), financier and federal government official, was born in Hamburg, Germany, to Charlotte Esther Oppenheim Warburg, who was known for her linguistic and poetic skills, and Moritz Warburg, who served as a partner in M. M. Warburg & Company, a prominent family investment firm established in ...

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White, Harry Dexter (09 October 1892–16 August 1948), Treasury Department official and moving force in the establishment of the World Bank and International Monetary Fund, was born in Boston, Massachusetts, the son of Sarah Magilewski and Jacob White, Jews who had emigrated to America from Lithuania shortly before he was born. Following his graduation from high school, White worked in the family hardware business until World War I broke out, at which time he became a volunteer in the army. Commissioned as a first lieutenant, he served in France but did not engage in combat. Just before going overseas, White married Russian-born Anne Terry, who later became a successful writer of children’s books. They had two daughters....