Humphrey, George (Magoffin)(1890–1970) industrialist, cabinet member; born in Cheboygan, Mich. A lawyer, he became president of the Hanna iron ore company, and in 1929 he created National Steel which flourished despite the depression. President Eisenhower's surprising choice for secretary of the treasury (1952–56), he checked inflation and balanced the budget before returning to National Steel.
The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.