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)

    They can kill us, but they can’t eat us. That’s against the law!
    Gil Doud, U.S. screenwriter, and Jesse Hibbs. Brandon (Charles Drake)

    Poor Casey Jones he was all right,
    He stuck by his duty both day an’ night,
    —Unknown. Casey Jones. . .

    Oxford Book of Light Verse, The. W. H. Auden, ed. (1938)