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Historical records matching Franklin MacVeagh, U.S. Secretary of the Treasury
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About Franklin MacVeagh, U.S. Secretary of the Treasury
Please note:
Sons of Major McVeagh, Benjamin Franklin MacVeagh, US Sec of Treasury 1909-1913 and his older brother, Isaac Wayne MacVeagh, US Attorney General 1881, changed the spelling of their last name and eliminated their first names, AFTER their father, Major McVeagh died in 1856, according to an article of the lengthy interview of Franklin MacVeagh, Chicago successful wholesale grocer and banker.
Information courtesy of Ellen Campbell, 3rd great-grand-niece of Franklin.
http://en.wikipedia.org/wiki/Franklin_MacVeagh
Franklin MacVeagh (November 22, 1837 – July 6, 1934) was an American banker and Treasury Secretary.
Born in Chester County, Pennsylvania, he graduated from Yale University in 1858, where he was a member of Skull and Bones. He graduated from Columbia Law School in 1864. He worked as a wholesale grocer and lawyer. He had been director of the Commercial National Bank of Chicago for 29 years when President William Howard Taft asked him to be Secretary of the Treasury in 1909. He did not tackle the pressing problem of currency reform, leaving it to the National Monetary Commission, which had been established by the Aldrich-Vreeland Act of 1908. He did, however, stress the urgency of reform in his annual report. He is remembered for increasing the efficiency and general progressiveness of the Treasury Department: He abolished 450 unnecessary positions, rehabilitated the U.S. Customs Service with the introduction of electric automatic weighing devices and accepted certified checks instead of currency for customs and internal revenue payments. He was also involved in the creation of the buffalo nickel.
He was brother to Wayne MacVeagh, an Attorney General of the United States.
His Washington D.C., home at 2600 16th St., NW, was designed and built in 1906, by noted architect George Oakley Totten, Jr., and was known as the "Pink Palace." It is now home to the Inter-American Defense Board.
MacVeagh died in 1934 and is interred at Graceland Cemetery in Chicago.
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Franklin MacVeagh, U.S. Secretary of the Treasury's Timeline
| 1837 |
November 22, 1837
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Phoenixville, Chester County, Pennsylvania, United States
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| 1934 |
July 6, 1934
Age 96
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Chicago, Cook County, Illinois, United States
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| ???? |
Graceland Cemetery, Chicago, Cook County, Illinois, United States
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