John W. Pole
John W. Pole | |
---|---|
J. F. T. O'Connor | |
Personal details | |
Born | Kings Lynn, England | December 9, 1870
Died | May 1, 1958 Fairfield, Illinois, United States | (aged 87)
Alma mater | Institution of Civil Engineers |
Occupation | bank examiner |
John William Pole (December 9, 1870 – May 1, 1958) was a
Comptroller of the Currency from November 21, 1928, to September 20, 1932.[1]
Pole was a native of
Federal Reserve District.[2]
Pole was serving as chief national bank examiner of the United States when President Calvin Coolidge appointed him Comptroller. His administration witnessed the financial boom that led up to 1929 and the crash that followed. Pole advocated allowing more liberal branch banking to reduce the number of small, weak banks and as an alternative to the formulation of holding companies that were being organized on a large scale. Pole later resigned to enter private business.