Dawes, Charles Gates
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Dawes, Charles Gates(dôz), 1865–1951, American statesman and banker, b. Marietta, Ohio. Admitted (1886) to the bar, Dawes practiced law in Lincoln, Nebr., until 1894 and became interested in various gas and electric companies. He was a member of the Republican executive committee in William McKinley's presidential campaign (1896) and served (1897–1901) as comptroller of the Treasury. He organized the Central Trust Company of Illinois in 1902 and became a prominent figure in banking. After the United States entered World War I he was general purchasing agent of the American Expeditionary Force. In 1921 he was appointed director (the first) of the U.S. Bureau of the Budget (see budgetbudget,
inclusive list of proposed expenditures and expected receipts of any person, enterprise, or government for a specified period, usually one year. Budget estimates are based on the expenditures and receipts of a similar previous period, modified by any expected changes.
..... Click the link for more information. ); in 1923–24 he was head of the reparations committee that advanced the Dawes PlanDawes Plan,
presented in 1924 by the committee headed (1923–24) by Charles G. Dawes to the Reparations Commission of the Allied nations. It was accepted the same year by Germany and the Allies.
..... Click the link for more information. as a means of stabilizing postwar German finances. His work was recognized by the award (shared with Sir Austen ChamberlainChamberlain, Sir Austen
(Joseph Austen Chamberlain) , 1863–1937, British statesman; son of Joseph Chamberlain and half-brother of Neville Chamberlain. He entered Parliament as a Conservative in 1892.
..... Click the link for more information. ) of the Nobel Peace Prize in 1925. Dawes served (1925–29) as Vice President under Calvin Coolidge. Herbert Hoover appointed him ambassador to London in 1929, and in 1932 he was made president of the Reconstruction Finance Corporation. His many books include Notes as Vice President (1935), A Journal of Reparations (1939), and Journal as Ambassador to Great Britain (1939).
See biography by B. N. Timmons (1953).
Dawes, Charles Gates
Born Aug. 27, 1865, in Marietta, Ohio; died Apr. 23, 1951, in Evanston, Illinois. US statesman and banker.
Dawes was chairman of the international committee of experts that in 1923 and 1924 worked out a reparations plan for Germany. A member of the Republican Party, he was the vice-president of the USA from 1925 to 1929. From 1929 to 1932 he served as ambassador to Great Britain.