BERNARD M. BARUCH
Letter asking to be remembered to painter Rockwell Kent, who had once
made an etching of Baruch's estate
Autograph Letter Signed: "B.M. Baruch", 1p, 6½x7½.
Kingstree, S.C., Little Hobcaw, no year but probably 1964,
March 6th. To Mr. (H. Keith) Thompson. In full: "I have an
etching by [Rockwell] Kent of my former place Hobcaw Barony. I have
not seen him in years. He is only a teenager at 81. I never review books - if I
did it would be an endless undertaking. I hope he does well. Please remember me
to him. He is a fine artist." Artist ROCKWELL KENT was born on
June 21, 1882, so he would have still been 81 if Baruch wrote this letter on
March 6, 1964; he died in 1971. U.S. financier Bernard M. Baruch
(1870-1965), who made his fortune on Wall Street, became an influential
adviser to U.S. Presidents from Woodrow Wilson to Lyndon B. Johnson.
During his later years, Baruch's "presidential advisory post" was a park
bench in Lafayette Square, across from the White House. Wilson had appointed
Baruch to the Advisory Commission of the Council of National Defense in
1916. In April 1917, after the U.S. entered WWI (1914-1918), Baruch served as
Chairman of the War Industries Board. In 1919, he represented the U.S. on
the Supreme Economic Council at the Versailles Peace Conference. With the
onset of WWII, Baruch advised Roosevelt on wartime economic mobilization. After
the War (1939-1945), he sat on the United Nations Atomic Energy
Commission. Baruch proposed the Baruch Plan for international development
and control of atomic energy. Baruch had begun working on Wall Street after
graduating from the College of the City of New York in 1889. Speculating in the
stock market, he became a millionaire by age 30. His alma mater named its
business school for Baruch in 1953. Baruch published his memoirs in two volumes,
Baruch: My Own Story (1957) and Baruch: The Public
Years (1960). Fine condition.
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BERNARD M. BARUCH
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