Glass, Carter

Glass, Carter
born Jan. 4, 1858, Lynchburg, Va., U.S.
died May 28, 1946, Washington, D.C.

U.S. politician.

Largely self-educated, he pursued a successful career in journalism, eventually becoming proprietor of two Lynchburg newspapers. In the U.S. House of Representatives (1902–18), he sponsored legislation that established the Federal Reserve System. As secretary of the treasury (1918–20) he supported efforts by Pres. Woodrow Wilson to bring the U.S. into the League of Nations. Appointed, then elected, to the U.S. Senate (1920–46), he became a leader of the conservative Southern Democratic bloc. An expert on monetary policy, he coauthored legislation that established the Federal Deposit Insurance Corp. (FDIC) in 1933. Though he supported Franklin Roosevelt for president in 1932, he soon became one of his sharpest critics.

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▪ American politician

born Jan. 4, 1858, Lynchburg, Va., U.S.
died May 28, 1946, Washington, D.C.
 American politician who became a principal foe in the Senate of President Franklin D. Roosevelt's New Deal in the 1930s.

      In the main self-educated, having left school at the age of 13, Glass followed his father's path into journalism, finally becoming proprietor of the Lynchburg Daily News and the Daily Advance. A lifelong Democrat, he served in the U.S. House of Representatives (1902–18), where his most notable contribution was the framing and sponsoring of the Federal Reserve Act (1913). President Woodrow Wilson appointed him secretary of the Treasury in 1918, and he supported Wilson's fight for U.S. adherence to the League of Nations.

      In 1920 Glass accepted an interim appointment as senator from Virginia and thereafter won election and reelection until his death. As senator his main role was one of opposition. He was a leader of the conservative Southern Democratic bloc in the Senate. He supported Roosevelt (Roosevelt, Franklin D.) for president in 1932 but soon became one of his sharpest critics. His bitterest assault on Roosevelt came during the controversy over “packing” the U.S. Supreme Court (1937). One of the greatest experts on monetary matters ever to serve in Congress, Glass was the principal author of the Glass-Steagall Act (1933), which established the Federal Deposit Insurance Corporation and helped curb bank speculation.

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Universalium. 2010.

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  • Glass, Carter — (1858 1946)    Carter Glass left school at the age of 14 and held various types of employment before becoming a reporter in Virginia in 1880. He eventually became a newspaper editor and owner. He served in the state senate from 1899 to 1903 as a… …   Historical Dictionary of the Roosevelt–Truman Era

  • Glass, Carter — (4 ene. 1858, Lynchburg, Va., EE.UU.–28 may. 1946, Washington, D.C.). Político estadounidense. Autodidacta en gran medida, tuvo éxito en el periodismo y terminó por ser propietario de dos periódicos de Lynchburg. En la Cámara de Representantes… …   Enciclopedia Universal

  • Carter Glass — (* 4. Januar 1858 in Lynchburg, Virginia; † 28. Mai 1946 in Washington D.C.) war ein US amerikanischer demokratischer Politiker, Präsident pro tempore des Senats der Vereinigten Staaten und Finanzminister …   Deutsch Wikipedia

  • Carter Glass — Pour les articles homonymes, voir Glass. Carter Glass Carter Glass (né le 4 janvier 1858, mort le 28 mai 1946) était un éditeur de journaux et homme politique …   Wikipédia en Français

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