BERNARD M. BARUCH - TYPED LETTER SIGNED 05/01/1961 - HFSID 23291
Price: $450.00
BERNARD M. BARUCH
Bernard M. Baruch responds to a request for copies of his previous
lectures.
Typed Letter Signed: "Bernard M Baruch", 1p, 7¾x9¾.
Kingstree, S.C., 1961 May 1. To: Miss Cathy Wilson, Brooklyn 33,
N.Y. In Full: "My dear Miss Wilson: I find
your letter of February in a mass of unanswered correspondence. Herewith I am
sending you the lectures (not included) I delivered at my Alma Mater
which I hope will answer your purpose. I fear I will not be in New York until
after your school year. With all good wishes Sincerely yours," 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). Lightly creased lower right. Fine
condition.
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