Jesse Jones, as chairman of the RFC, approved loans to the Denver & Rio Grande Western Railroad and then directed the railroad company to hire Wilson McCarthy as its president. The photograph, a gift to McCarthy and his wife, was signed, “for my friends Wilson and Minerva McCarthy with great affection.” As a director of the RFC, McCarthy approved millions of dollars of loans to the railroad company and then became its trustee and president. While a RFC director, McCarthy also approved loans to the Dawes bank and the Jones bank. (Courtesy, Utah State Historical Society)
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Asking the superintendent to act
(Tribune archive photo)
A crowd of children and the unemployed marched to the office of Chicago Public Schools Superintendent William Bogan demanding free food in March 1932. During the Great Depression, teachers worked at reduced wages or went without pay in part because people were unable to pay their taxes.
