Jesse H. Jones

Jesse H. Jones

Jesse Holman Jones (April 5, 1874 – June 1, 1956) was a Houston, Texas politician and entrepreneur. He served as United States Secretary of Commerce from 1940 to 1945. His most important role was to head the Reconstruction Finance Corporation (RFC), (1932–45), a federal agency originally created by Herbert Hoover that played a major role in combating the Great Depression and financing industrial expansion in World War II. Jones was in charge of spending US$50 billion, especially in financing railways and building munitions factories.

Read more about Jesse H. Jones:  Early Life, Business Activities, Political Activities, Houston Endowment Inc., Commemoration

Famous quotes containing the words jesse h, jesse and/or jones:

    O Jesse had a wife, a mourner all her life
    And the children they were brave,
    But the dirty little coward that shot Mr. Howard
    He laid Jesse James in his grave.
    —Administration in the State of Miss, U.S. public relief program (1935-1943)

    Great things happen in small places. Jesus was born in Bethlehem. Jesse Jackson was born in Greenville.
    Jesse Jackson (b. 1941)

    Your organization is not a praying institution. It’s a fighting institution. It’s an educational institution right along industrial lines. Pray for the dead and fight like hell for the living!
    —Mother Jones (1830–1930)