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George Peek

George Peek
George nelson peek 1933.jpg
George Nelson Peek on the cover of Time magazine on Nov. 6, 1933
Born George Nelson Peek
(1873-11-19)November 19, 1873
Polo, Illinois, U.S.
Died December 17, 1943(1943-12-17) (aged 70)
Rancho Santa Fe, California, U.S.
Occupation Economist; Business executive; Civil servant
Spouse(s) Georgia Peek

George Nelson Peek (November 19, 1873 – December 17, 1943) was an American agricultural economist, business executive, and civil servant. He was the first Administrator of the Agricultural Adjustment Administration (AAA) and the first President of the two banks that would become the Export-Import Bank of the United States.

Peek was born in Polo, Illinois, on November 19, 1873. His father was a farmer. He attended Northwestern University from 1891 to 1892, but did not graduate.

He joined the Deere & Webber Company of Minneapolis in 1893, and was named Vice President of the John Deere Plow manufacturing division in Omaha, Nebraska in 1901. In 1911, he was named President of the Deere & Co. subsidiary in Moline, Illinois. In 1919, he left Deere & Co. and became President of the Moline Plow Company, where he earned the relatively large salary of $100,000 a year. He immediately hired retired Brigadier General Hugh S. Johnson as the company's general counsel. Peek and Johnson were deeply interested in farm economics, especially since the post-World War I recession. Peek and Johnson became strong advocates of the McNary–Haugen Farm Relief Bill, proposed federal legislation which would have established the first national system of price supports for agriculture.

Peek was a member of the War Industries Board during World War I, and after the war was a member of the Industrial Board advising the United States Department of Commerce on post-war reconversion.


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