BERNARD M. BARUCH - TYPED LETTER SIGNED 03/26/1955 - HFSID 33229
BERNARD M. BARUCH Bernard M. Baruch sends a letter of sympathy. Typed Letter Signed: "B M B", 1p, 7¾9¾. Georgetown, South Carolina, 1955 March 26. On personal letterhead to Lawrence Requa, Salt Lake City, Utah.
Sale Price $520.00
BERNARD M. BARUCH
Bernard M. Baruch sends a letter of sympathy.
Typed Letter Signed: "B M B", 1p, 7¾9¾. Georgetown, South Carolina, 1955 March 26. On personal letterhead to Lawrence Requa, Salt Lake City, Utah. In full: "I have your letter of March second, and I did not know of the loss of your mother. Please accept my deep sympathy and also give my love to your sisters. The children and myself often speak of the 'Admiral'. I do not expect to be in New York until the end of April. If I am there at the time you visit, I hope we will meet. Sincerely". 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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