Carter Glass

Extracted Attributes

• Father

  Robert Henry Glass

• Gender

  male

• Mother

  Augusta Elizabeth Christian

• Nickname

  Pluck

• Known For

  Father of the Federal Reserve

• Occupation

  Newspaper publisher, editor, politician

• Citizenship

  United States

• Notable Work

  Glass-Steagall Act (1933 Banking Act)

• Date of Birth

  1858-01-04

• Date of Death

  1946-05-28

• Place of Birth

  Lynchburg, Virginia, United States

• Place of Death

  Washington, D.C., United States

• Political Party

  Democratic

• Political Stance

  Supporter of fiscal conservatism and states' rights

Timeline

• Born in Lynchburg, Virginia. (Source: Wikidata, Wikipedia, Dbpedia, web_search_results)

  1858-01-04

• Inspired by William Jennings Bryan's speech, he decided to enter politics. (Source: web_search_results)

  1896

• Elected to the Senate of Virginia. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1899

• Served as a delegate to the Virginia Constitutional Convention, advocating for segregationist policies. (Source: Wikipedia, Dbpedia, web_search_results)

  1901-1902

• Elected to the United States House of Representatives. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1902

• Became Chairman of the House Committee on Banking and Currency. (Source: Summary, Wikipedia, Dbpedia)

  1913

• Worked with President Woodrow Wilson to pass the Federal Reserve Act, establishing the Federal Reserve System. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1913

• Began serving as United States Secretary of the Treasury under President Woodrow Wilson. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1918-12-16

• Helped consolidate government debt by successfully marketing $5 billion worth of Victory Liberty Loan bonds. (Source: web_search_results)

  1919

• Appointed by Governor Westmoreland Davis to fill a U.S. Senate term. (Source: web_search_results)

  1919-11-18

• Concluded his service as Secretary of the Treasury. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1920-01-31

• Began serving in the U.S. Senate, representing Virginia. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1920-02-02

• Was a favorite son candidate for the presidential nomination at the Democratic National Convention. (Source: Wikipedia, Dbpedia)

  1920

• Nominated for President of the United States. (Source: web_search_results)

  1924

• Congress passed the first Glass-Steagall bill. (Source: web_search_results)

  1932-02

• Became Chairman of the Senate Appropriations Committee. (Source: Summary, Wikipedia, Dbpedia)

  1933

• Co-sponsored the 1933 Banking Act, also known as the Glass-Steagall Act, which created the Federal Deposit Insurance Corporation (FDIC) and separated investment and commercial banking. (Source: Summary, Wikipedia, Dbpedia, web_search_results)

  1933

• Began serving as president pro tempore of the Senate. (Source: Wikipedia, Dbpedia)

  1941

• Concluded his service as president pro tempore of the Senate. (Source: Wikipedia, Dbpedia)

  1945

• Died while serving in the U.S. Senate. (Source: Summary, Wikidata, Wikipedia, Dbpedia, web_search_results)

  1946-05-28

Carter Glass

Carter Glass (January 4, 1858 – May 28, 1946) was an American newspaper publisher and Democratic politician from Lynchburg, Virginia. He represented Virginia in both houses of Congress and served as the United States Secretary of the Treasury under President Woodrow Wilson. He played a major role in the establishment of the U.S. financial regulatory system, helping to establish the Federal Reserve System and the Federal Deposit Insurance Corporation. After working as a newspaper editor and publisher, Glass won election to the Senate of Virginia in 1899. He was a delegate to the Virginia Constitutional Convention of 1902, where he was an influential advocate for segregationist policies. Historian J. Douglas Smith described him as “the architect of disenfranchisement in the Old Dominion.” He also promoted progressive fiscal and regulatory reform but these contributions were often superficial since Glass generally opposed the most reformist aspects of federal legislation and was a New Deal critic. Glass won election to the United States House of Representatives in 1902 and became Chairman of the House Committee on Banking and Currency in 1913. Working with President Wilson, he passed the Federal Reserve Act, which established a central banking system for the United States. Glass served as Secretary of the Treasury from 1918 until 1920, when he accepted an appointment to represent Virginia in the United States Senate. Glass was a favorite son candidate for the presidential nomination at the 1920 Democratic National Convention. Glass served in the Senate from 1920 until his death in 1946, becoming Chairman of the Senate Appropriations Committee in 1933. He also served as president pro tempore of the Senate from 1941 to 1945. He co-sponsored the 1933 Banking Act, also known as the Glass–Steagall Act, which created the Federal Deposit Insurance Corporation and enforced the separation of investment banking firms and commercial banks. An ardent supporter of states' rights, Glass opposed much of the New Deal and clashed with President Franklin D. Roosevelt over the control of federal appointments in Virginia.

Web Search Results

• Senator Carter Glass 1858-1946: The Good and the Bad

  Carter Glass (January 4, 1858 – May 28, 1946) was born in Lynchburg, Virginia to Robert Henry Glass and Augusta Elizabeth Christian. He became one of the longest serving politicians of his time—Senator of Virginia from 1920 to 1946, nominee for President of the United States in 1924—and successfully drafted and oversaw passage of some of the hardest fought and heroic banking legislation in history: the Federal Reserve Act (1913) and the Glass-Steagall Act (1932). However, he also helped to [...] Following his success in the newspaper business, Carter Glass turned his attentions to politics. After hearing a speech by William Jennings Bryan in 1896, he was moved by Bryan’s oration and felt called to enter politics as a delegate in the 1901-1902 Virginia Constitutional Convention. He was a strong supporter of fiscal conservatism and states’ rights. A Southern Democrat, a Jeffersonian, and a supporter of segregation and Jim Crow laws, Glass served as a United States Senator from Lynchburg, [...] ChildhoodCarter Glass was a small but raucous country boy. Older boys in the neighborhood thought that they could pick on him because of his size, but he would fight them off with stones—they quickly learned to leave him alone. He earned the life-long nickname of Pluck because he refused to be bullied. Glass was a white child of privilege, and it was during this time that the foundation of Glass’s racism was built and was further cemented when his childhood was suddenly cut short by the

• Carter Glass (1918 - 1920) | U.S. Department of the Treasury

  Born to a newspaper family in Lynchburg, Virginia, Carter Glass (1858 - 1946) took an early and active interest in politics. Elected to Congress in 1902, Glass later became Chairman of the Subcommittee, which was set up to explore the reformation of the Nation's banking and currency system. Glass favored a highly decentralized system of reserve banks, but he supported and helped guide through Congress President Wilson's proposal for the Federal Reserve System, established in 1913. In 1919, [...] Trenton, New Jersey. His portrait of Carter Glass was painted from life in 1920. [...] Reserve, Glass became popularly known as the "Father of the Federal Reserve."

• Carter Glass (1858–1946) - Encyclopedia Virginia

  Glass was born in Lynchburg on January 4, 1858, the fourth of Robert Henry Glass and Augusta Elizabeth Christian Glass’s five children. Glass’s mother died when he was two; his father remarried and had seven more children. Robert Henry Glass edited several newspapers and served as a major in the Confederate army during the American Civil War (1861–1865). Carter Glass had a vivid memory of Robert E. Lee‘s surrender at Appomattox, and was a staunch defender of the South, the Lost Cause, and [...] Carter Glass, a Democrat, served in the Senate of Virginia (1899–1902), as a delegate to the Constitutional Convention of 1901–1902, and in the U.S. House of Representatives (1902–1918) and the U.S. Senate (1920–1946). He also served as secretary of the treasury (1918–1920) in the administration of President Woodrow Wilson. Often referred to as the father of the Federal Reserve banking system, he authored the Glass-Steagall Act of 1932—co-sponsored by Representative Henry B. Steagall, of [...] President Woodrow Wilson signs the Federal Reserve Act into law. December 16, 1918—January 31, 1920 Carter Glass serves as secretary of the treasury under President Woodrow Wilson. November 18, 1919 Governor Westmoreland Davis appoints Carter Glass to fill the U.S. Senate term of the recently deceased Thomas S. Martin. February 2, 1920—May 28, 1946 Carter Glass serves in the U.S. Senate. February 1932 Congress passes the first Glass-Steagall bill. January 1933

• Carter Glass (1918–1920) - Miller Center

  Carter Glass was born in Lynchburg, Virginia, on January 4, 1858, the son of a newspaper editor. He had little schooling, due to financial distress, but rose to become editor of The Republican. A disagreement with his father, a rival newspaper owner, led Glass to purchase yet another paper. [...] His first taste of politics came with his winning a seat in the Virginia Senate, where he served from 1899 to 1903. Glass then went from Richmond to Washington, serving in the U.S. House of Representatives following a special election in 1902; he remained in Congress until December 1918. Glass is known largely for drafting the legislation creating the Federal Reserve System.

• Carter Glass | Museum of American Finance

  Carter Glass, the second of three Treasury Secretaries appointed by President Woodrow Wilson, was born in Lynchburg, Virginia in 1858. He received little formal education but while still in his early 20s was able to buy and run a Lynchburg newspaper. The successful business piqued his interest in politics and later served as a platform for his own political aspirations, which led him into the Virginia legislature and constitutional convention of 1901-2. In 1902 he was elected to the House of [...] As Treasury Secretary, Glass helped to consolidate the government’s debt, which had soared from about 2.5% to 32.5% of GDP between 1916 and 1919, by successfully marketing $5 billion worth of Victory Liberty Loan bonds. [...] But Glass is most famous for his career in the US Senate, which spanned from February 1920 until his death in May 1946, especially his role in New Deal banking reform legislation like the Banking Act of 1933. That law established the Federal Deposit Insurance Corporation (FDIC) and a section of it, commonly known as the Glass-Steagall Act, separated commercial banking (taking deposits and making loans) from investment banking (helping issue corporate securities and arrange mergers) until its

• Image

  

• Gender

  male

• Instance Of

  Q5

• Occupation

  politician

• Citizenship

  United States

• Date Of Birth

  1/4/1858

• Date Of Death

  5/28/1946

• Notable Work

  Federal Reserve Act

• Place Of Birth

  Lynchburg

• Place Of Death

  Washington, D.C.

Carter Glass (January 4, 1858 – May 28, 1946) was an American newspaper publisher and Democratic politician from Lynchburg, Virginia. He represented Virginia in both houses of Congress and served as the United States Secretary of the Treasury under President Woodrow Wilson. He played a major role in the establishment of the U.S. financial regulatory system, helping to establish the Federal Reserve System and the Federal Deposit Insurance Corporation. After working as a newspaper editor and publisher, Glass won election to the Senate of Virginia in 1899. He was a delegate to the Virginia Constitutional Convention of 1902, where he was an influential advocate for segregationist policies. Historian J. Douglas Smith described him as “the architect of disenfranchisement in the Old Dominion.” He also promoted progressive fiscal and regulatory reform but these contributions were often superficial since Glass generally opposed the most reformist aspects of federal legislation and was a New Deal critic. Glass won election to the United States House of Representatives in 1902 and became Chairman of the House Committee on Banking and Currency in 1913. Working with President Wilson, he passed the Federal Reserve Act, which established a central banking system for the United States. Glass served as Secretary of the Treasury from 1918 until 1920, when he accepted an appointment to represent Virginia in the United States Senate. Glass was a favorite son candidate for the presidential nomination at the 1920 Democratic National Convention. Glass served in the Senate from 1920 until his death in 1946, becoming Chairman of the Senate Appropriations Committee in 1933. He also served as president pro tempore of the Senate from 1941 to 1945. He co-sponsored the 1933 Banking Act, also known as the Glass–Steagall Act, which created the Federal Deposit Insurance Corporation and enforced the separation of investment banking firms and commercial banks. An ardent supporter of states' rights, Glass opposed much of the New Deal and clashed with President Franklin D. Roosevelt over the control of federal appointments in Virginia.