Carter Glass: Difference between revisions

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Glass was born in [[Lynchburg, Virginia]], and became a newspaper editor. He was elected to the Virginia state Senate in [[1899]], and was a delegate to the Virginia constitutional convention of [[1901]]-[[1902]]. He was one of the most influential members of the convention, which imposed a [[poll tax]] and a [[literacy test]] in order to disenfranchise [[African Americans]], but which also instituted measures associated with [[Progressive Era|the Progressive movement]], such as the establishment of the State Corporation Commission to regulate railroads and other corporations. Glass was elected to [[United States House of Representatives|Congress]] as a [[United States Democratic Party|Democrat]] in [[1902]], to fill a vacancy. In [[1913]], he became Chairman of the [[U.S. House Committee on Banking and Currency|House Committee on Banking and Currency]], where he worked with Wilson on the [[Federal Reserve Act]]. In [[1919]], Wilson then appointed him Secretary of the Treasury, succeeding [[William Gibbs McAdoo]]. His signature as Secretary of the Treasury can be found on series 1914 Federal Reserve Notes, issued while he was in office. He served in that role until [[1920]], when he was appointed to the [[United States Senate]] to fill the vacancy caused by the death of [[Thomas S. Martin]].

Glass served in the U.S. Senate for the remainder of his life, turning down the offer of the Treasury from [[Franklin Delano Roosevelt|Franklin Roosevelt]] in [[1933]]. Glass became Chairman of the [[U.S. Senate Committee on Appropriations|Appropriations Committee]] when the Democrats regained control of the Senate in [[1933]], and also as [[President pro tempore of the United States Senate|President pro tempore]] from [[1941]] to [[1945]]. As a Senator, Glass's most notable achievement was passage of the [[Glass-Steagall Act]], which separated the activities of banks and securities brokers and created [[FDIC]] insurance. Glass died

Starting in [[Washington,1942 D.C.]]Glass onbegan [[Maysuffering 28]],from [[1946]]various afterage-related aillnesses, longand illness. Glasshe did not attend Senate meetings after 1942that becausetime. of his illness, butHe refused to resign despite many requests to do so, and even kept his committee chairmanship. Many visitors were also kept from him by his wife. Glass died in [[Washington, D.C.]] on [[May 28]], [[1946]].

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