C douglas dillon biography of abraham

Inhe was appointed the vice president and director of the Dillon, Read Company, and he was elected chairman of the board in President Eisenhower appointed him ambassador to France in ; four years later, Dillon became deputy undersecretary of state for economic affairs. Inhe was promoted to undersecretary of state for economic and agricultural affairs before rising, into the position of undersecretary of state.

Indespite his Republican background, Dillon was appointed to the cabinet of President John Kennedy as the secretary of the treasury. He served both Kennedy and Johnson in that capacity until Dillon was the most influential member of Kennedy's economic advisors; among his accomplishments was his ability to convince President Kennedy that the nation's most pressing economic problem was the balance of payments deficit.

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C douglas dillon biography of abraham: Transcript of Oral History Interview.

American diplomat. Phyllis Chess Ellsworth. Susan Sage. Early life [ edit ]. Career [ edit ]. Political career [ edit ]. Secretary of the Treasury [ edit ]. Further information: Presidency of John F. Philanthropy [ edit ]. Metropolitan Museum of Art [ edit ]. Personal life [ edit ]. Descendants [ edit ]. In fiction [ edit ]. See also [ edit ].

References [ edit ]. Dillon, C. Douglas Clarence Douglas Person Authority Record". National Archives. Retrieved May 1, Douglas Dillon, former Treasury secretary and Harvard overseer, dies at 93". Harvard Gazette. Harvard University news office. January 16, Archived from the original on March 13, Retrieved March 27, The New York Times.

Priscilla Roberts. The Scribner Encyclopedia of American Lives. Jackson editors. Detroit: Charles Scribner's Sons Reproduced in Biography Resource Center. Farmington Hills, Michigan : Gale Accessed Archived from the original on October 23, Retrieved January 24, Association for Diplomatic Studies and Training. April 28, Archived PDF from the original on July 12, Retrieved July 12, Douglas Dillon".

John F. Kennedy Presidential Library. Archived from the original on June 26, Retrieved October 28, Chapel Hill: University of North Carolina press. ISBN X. The Metropolitan Museum of Art. Retrieved 5 August He became president of the family-owned U. Naval Reserve.

C douglas dillon biography of abraham: Clarence Douglas Dillon was

Called to active duty inhe rose to lieutenant commander bywinning the Legion of Merit and Air Medal for active service at Guam, at Saipan, and in the Philippines. Returning as board chairman of Dillon, Read inDillon supervised its extensive domestic and foreign investments, doubling them by Possessing a forte for detached analysis, he was known for carefully scrutinizing fine details of business proposals.

Eisenhower the Republican presidential nominee, contributing heavily to his subsequent campaign. Appointed ambassador to France inDillon was initially criticized for his inadequate French and diplomatic inexperience, but he developed into an adept envoy, skillfully winning French acquiescence to German membership in the North Atlantic Treaty Organization in and deftly defusing crises over Indochina in and Suez in His urbane charm and knowledge of food, wine, and fine art proved diplomatic assets.

Joining the State Department in Washington, D. Dillon, a dedicated internationalist, concentrated on promoting trade and economic development, coordinating mutual security assistance programs, and enhancing the scope and effectiveness of foreign aid. These priorities caused Dillon to oppose fiscal stimulus tax cuts and expansionary public spending initiatives championed by the presidential Council of Economic Advisers chairman, Walter Heller.

Eventually passed under President Lyndon B. Seeking to rationalize the tax system and enhance revenue, from onward Dillon also introduced tax reforms that, though much modified by Congress, eliminated various loopholes and provided investment tax credits designed to encourage the modernization of American industry against foreign competition and induce Americans to invest domestically rather than overseas.

Dillon also drafted much of the antitariff Trade Expansion Act Under Kennedy, Dillon served on the executive committee that decided policies during the October Cuban Missile Crisis. Socially compatible with Kennedy, Dillon found Johnson less congenial and returned to banking in Marchbecoming president of the U. Treasury, Dillon simultaneously urged tax increases to bolster the dollar and the international monetary system.

At various junctures he chaired the Rockefeller Foundationthe Brookings Institutionand the Harvard Board of Overseers, and was vice chairman and a director of the Council on Foreign Relations, which he joined in He received numerous honors, including the Presidential Medal of Freedom Kennedy Presidential Library in Boston. His father, Clarence Dillon, was the head of a leading Wall Street investment firm.

During the last few months of the conflict he was in the Pacific and his ship survived several attacks by Japanese suicide bombers. On his return from the war he became chairman of Dillon, Read and Company. A member of the Republican Party Dillon was a major contributor to the presidential campaign of Dwight D. This created a great deal of controversy.

As one journalist commented: "As a major contributor to President Eisenhower's campaign and seemingly because his family owned the Haut-Brion vineyards in Bordeauxhe was made ambassador to France.

C douglas dillon biography of abraham: Born while his parents

Since he had no diplomatic experience and spoke execrable French, there was a predictable row about his appointment. He was therefore responsible for the economic policies and programs of the Department of State and for coordinating the Mutual Security Program. Dillon attended several Foreign Ministers meetings.