John Wesley Snyder (US Cabinet Secretary)
|John W. Snyder|
|painted by Greta Kempton|
|54th United States Secretary of the Treasury|
June 25, 1946 – January 20, 1953
|President||Harry S. Truman|
|Preceded by||Frederick M. Vinson|
|Succeeded by||George M. Humphrey|
|Born||John Wesley Snyder
June 21, 1895
Jonesboro, Arkansas, U.S.
|Died||October 8, 1985
Seabrook Island, South Carolina, U.S.
|Resting place||Washington National Cathedral, Washington, D.C., U.S.|
|Spouse(s)||Evelyn Cook Snyder
(m. January 5, 1920 - d.)
|Children||Edith Drucie Snyder|
|Alma mater||Vanderbilt University|
Snyder was born in Jonesboro, Arkansas on June 21, 1895, to son of Jesse Hartwell Snyder and his wife Ellen (Hatcher). He studied at Vanderbilt University's engineering school for one year before joining in the Army during World War I.
Snyder came to Washington in the early 1930s with a broad background in banking and business. He held several public and private offices including National Bank Receiver in the Office of the Comptroller of the Currency, Federal Loan Administrator, and Director of War Mobilization and Reconversion. In the last office he played a leading part in the transition of the nation's economy from wartime to a peacetime basis. Snyder following the resigned of Fred M. Vinson and ran for the Chief Justice followed the Harlan Fiske Stone dies suddenly.
Snyder was appointed the U.S. Secretary of the Treasury in 1946, by his close personal friend President Harry S. Truman, with whom he had served in World War I. His task as Secretary was to establish a stable postwar economy. The main points of his program were maintaining confidence in the credit of the government, reducing the federal debt, and encouraging public thrift through investment in U.S. Savings Bonds. In 1953, he retired from government at the end of Truman's second term.
Snyder died in Seabrook Island, South Carolina on October 8, 1985 at the age of 90, and was buried in Washington National Cathedral. He was behind with his wife, Mrs. Evlyn Snyder and have one daughter of Mrs. Edith Drucie Snyder. Prior to his death, Snyder was survived of the Truman's cabinet members.
Fred M. Vinson
|U.S. Secretary of the Treasury
Served under: Harry S. Truman
George M. Humphrey
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