Franklin MacVeagh

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Franklin MacVeagh
45th United States Secretary of the Treasury
In office
March 8, 1909 – March 5, 1913
PresidentWilliam Howard Taft
Preceded byGeorge B. Cortelyou
Succeeded byWilliam McAdoo
Personal details
Born(1837-11-22)November 22, 1837
Phoenixville, Pennsylvania, U.S.
DiedJuly 6, 1934(1934-07-06) (aged 96)
Chicago, Illinois, U.S.
Resting placeGraceland Cemetery
Political partyDemocratic (Before 1896)
Republican (1896–1934)
SpouseEmily Eames
RelativesWayne MacVeagh (Brother)
EducationYale University (BA)
Columbia University (LLB)
Signature

Franklin MacVeagh (November 22, 1837 – July 6, 1934) was an American politician, lawyer, grocer and banker. He served as the United States Secretary of the Treasury under President William Howard Taft.

Formative years and family

Born on November 22, 1837, in

U.S. Attorney General under Presidents James A. Garfield and Chester A. Arthur
.

MacVeagh graduated from

Methodist, MacVeagh married Emily Eames in 1868; they had five children.[1]

Professional life

MacVeagh initially worked as a wholesale grocer and lawyer and was subsequently hired by the Commercial National Bank of Chicago. Still serving as the director of that bank in 1909 after having held that position for twenty-nine years, he was nominated to be the United States Secretary of the Treasury by President and fellow Bonesman William Howard Taft.

MacVeagh failed to address the pressing problem of

internal revenue payments. He was also involved in the creation of the buffalo nickel
.

In 1885, MacVeagh served as the eighth president of the Commercial Club of Chicago.[3]

His Washington, D.C., home at 2829 16th St., NW, was designed and built between 1910 and 1911 by noted architect Nathan C. Wyeth. It is now home to the Mexican Cultural Institute of the Embassy of Mexico.

He also owned a large summer estate in Dublin, New Hampshire (now listed on the National Register of Historic Places) known as Knollwood.

Death and interment

Franklin MacVeagh died in

Chicago, Illinois, on July 6, 1934, at age 96, and was interred in Graceland Cemetery in Chicago.[4]

Gallery

  • Franklin MacVeagh medal by George Morgan, (c. 1910)
    Franklin MacVeagh medal by George Morgan, (c. 1910)
  • MacVeagh's grave at Graceland Cemetery
    MacVeagh's grave at Graceland Cemetery

References

  1. ^ a b The National Cyclopaedia of American Biography. Vol. XIV. James T. White & Company. 1910. pp. 409–410. Retrieved December 17, 2020 – via Google Books.
  2. .
  3. ^ "Organization". Commercial Club. Archived from the original on January 24, 2017. Retrieved October 15, 2021.
  4. ^ "Franklin MacVeagh is Dead in Chicago". Brooklyn Times-Union. Chicago. July 7, 1934. p. 2. Retrieved December 17, 2020 – via Newspapers.com.

External links

Political offices
Preceded by U.S. Secretary of the Treasury
Served under: William Howard Taft

March 8, 1909 – March 5, 1913
Succeeded by