Carter Glass
| Carter Glass | |
|---|---|
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| 47th United States Secretary of the Treasury | |
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In office December 16, 1918 – February 1, 1920 |
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| President | Woodrow Wilson |
| Preceded by | William G. McAdoo |
| Succeeded by | David F. Houston |
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United States Senator from Virginia |
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In office February 2, 1920 – May 28, 1946 |
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| Preceded by | Thomas S. Martin |
| Succeeded by | Thomas G. Burch |
| President pro tempore of the United States Senate | |
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In office July 11, 1941 – January 2, 1945 |
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| Preceded by | Pat Harrison |
| Succeeded by | Kenneth McKellar |
| Chairman of the Senate Appropriations Committee | |
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In office 1933–1946 |
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| Preceded by | Frederick Hale |
| Succeeded by | Kenneth D. McKellar |
| Member of the U.S. House of Representatives from Virginia's 6th district |
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In office November 4, 1902 – December 16, 1918 |
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| Preceded by | Peter J. Otey |
| Succeeded by | James P. Woods |
| Chairman of the House Committee on Banking and Currency | |
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In office 1913–1918 |
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| Preceded by | Arsène Pujo |
| Succeeded by | Michael Francis Phelan |
| Member of the Virginia Senate from the 20th district |
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In office December 6, 1899 – November 4, 1902 |
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| Preceded by | Adam Clement |
| Succeeded by | Don P. Halsey |
| Personal details | |
| Born |
January 4, 1858 Lynchburg, Virginia, U.S. |
| Died | May 28, 1946 (aged 88) Washington, D.C., U.S. |
| Political party | Democratic |
| Profession | Politician, editor |
| Religion | Methodist |
| Signature |  |
Carter Glass (January 4, 1858 – May 28, 1946) was a newspaper publisher and Progressive politician from Lynchburg, Virginia. He served many years in the United States Congress as a member of the Democratic Party. As House co-sponsor, he played a central role in the development of the 1913 Glass–Owen Act that created the Federal Reserve System. Glass subsequently served as the U.S. Secretary of the Treasury under President Woodrow Wilson. Later elected to the Senate, he became widely known as co-sponsor of the Glass–Steagall Act of 1933, which enforced the separation of investment banking and commercial banking, and established the Federal Deposit Insurance Corporation (FDIC).
Carter Glass was born in Lynchburg, Virginia, the fifth of twelve children. His mother, Augusta Elizabeth (née Christian) Glass, died in 1860, when he was only 2 years old. His sister Nannie, ten years older, became his surrogate mother. His father, Robert Henry Glass, owned the Lynchburg Daily Republican newspaper, and was also Lynchburg's postmaster.
The American Civil War (1861–1865) broke out when Glass was 3 years old. His father initially worked to try to help keep Virginia from seceding. However, after the state did so, Robert Henry Glass served, initially, in the Virginia forces in 1861, and then with the Confederate Army, where he became a major on the staff of Brigadier General John B. Floyd, a former Governor of Virginia. Although Glass's father survived the Civil War, 18 of his mother's relatives did not.
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