Friday, February 18, 2011

JESSE H. JONES

Jesse Holman Jones
Born April 5, 1874
Died 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.[1]] Jones was in charge of spending US$50 billion (US$610 billion in today's terms), especially in financing railways and building munitions factories

Jones is buried in Forest Park Lawndale Cemetery.

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