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Henry H. Fowler

️Mon Jan 03 2000

Henry H. Fowler

Henry Fowler

58th United States Secretary of the Treasury
In office April 1, 1965 – December 20, 1968
President	Lyndon B. Johnson
Preceded by	C. Douglas Dillon
Succeeded by	Joseph W. Barr
Personal details
Born	September 5, 1908 Roanoke, Virginia
Died	January 3, 2000 (aged 91)
Political party	Democratic
Alma mater	Roanoke College Yale University
Signature
^[1]

Henry Hammill Fowler (September 5, 1908–January 3, 2000) was an American lawyer and politician.

Contents

Early life and career

Born in Roanoke, Virginia, Fowler was the son of Mack Johnson Fowler, a locomotive engineer, and his wife Bertha Browning. ^[2]

Henry Fowler graduated from Roanoke College in 1929, where he oined Pi Kappa Phi, and edited the College newspaper.^[3] He received his law degree from Yale Law School in 1932.

Fowler joined the legal staff of the Tennessee Valley Authority (TVA) in 1934. There he assisted in the preparation and successful conduct of the four-year litigation establishing the constitutionality of that program. By 1939, he had risen to Assistant General Counsel of the TVA and subsequently served as chief counsel of a subcommittee of the U.S. Senate Committee on Education and Labor.

Wartime role

From 1941 to 1944, he was an assistant general counsel of the Office of Production Management and afterward of the War Production Board. He then served in the United Kingdom and Germany in 1944 and 1945. He then returned to private practice and then in 1951 rejoined the government to work on the mobilization of troops during the Korean War. During this period he was an administrator of the National Production Authority, administrator of the Defense Production Administration, Director of the Office of Defense Mobilization and member of the National Security Council.^[4]

Post-war career

With the onset of the Eisenhower administration, Fowler returned to his private law practice and served on the Democratic Advisory Council, which helped outline party positions on many issues.

Fowler served as a member of the Commission on Money and Credit from 1958 to 1961, and of the National Committee on Government Finance of the Brookings Institution from 1960 to 1961. He was a Trustee of Roanoke College and of the Funds in the Episcopal Diocese of Virginia.

He served as Under Secretary of the Treasury from February 3, 1961, until April 10, 1964. He spent most of his time at Treasury working on passage of the administration's tax program, which included an $11.5 billion tax cut. He then he returned to private law practice as senior member of the Washington firm of Fowler, Leva, Hawes and Symington.

As Secretary of the Treasury from 1965 to 1968, Fowler was known for his loyalty to Johnson throughout the administration's ups and downs. He was described as having "a ruddy face, southern charm and a conservative outlook". ^[5]

The major problems facing Fowler were inflation and the balance of payments deficit. In August 1967, Fowler began the fight for a 10 percent tax surcharge and saw the proposal passed by a House-Senate conference in June 1968. In the debate over the balance of payments deficit, Fowler was a proponent of the "go-slow" approach.^[6] Fowler organized a two-tier system for gold in 1968, and participated in the 1967-68 international agreements, which created a new international monetary reserve system called "Special Drawing Rights."

After leaving the Treasury Department, Fowler joined Goldman Sachs in New York City as a partner.

Family and personal life

Fowler married Trudye Pamela Hathcote on 19 October 1938.^[7] The couple had a son and two daughters:

Henry H. Fowler Jnr
Marianne Fowler Smith
Susan Fowler-Gallagher.

Fowler and his family sponsored a public policy program at Roanoke. ^[8]

Henry Fowler died of pneumonia on January 3, 2000. At the time of his death, he was living in Falls Church, Virginia. Trudye Fowler died on 22 January, 2008, at Alexandria, Virginia.^[9]

Notes

^ Johnson, Niel M. (June 20, 1989). "Henry H. Fowler Oral History Interview". Henry H. Fowler Oral History Interview. Truman Library. http://www.trumanlibrary.org/oralhist/fowlerh.htm. Retrieved 2008-11-29.
^ http://www.nndb.com/people/266/000167762/
^ http://roanoke.edu/a-z_index/henry_h_fowler/henry_h_fowler_biography.htm
^ http://millercenter.org/president/lbjohnson/essays/cabinet/604
^ http://news.google.com/newspapers?nid=2209&dat=19650329&id=709gAAAAIBAJ&sjid=SXENAAAAIBAJ&pg=7269,2555475
^ http://millercenter.org/president/lbjohnson/essays/cabinet/604
^ http://www.nndb.com/people/266/000167762/
^ http://roanoke.edu/a-z_index/henry_h_fowler.htm
^ http://query.nytimes.com/gst/fullpage.html?res=9D02E1DC173AF934A15752C0A96E9C8B63

External links

TIME Magazine Cover: Henry H. Fowler, Sept. 10, 1965
Roanoke College: Henry H. Fowler Public Policy Program
A film clip "Longines Chronoscope with Henry H. Fowler (August 11, 1952)" is available for free download at the Internet Archive [more]

Political offices
Preceded by C. Douglas Dillon	United States Secretary of the Treasury Served under: Lyndon B. Johnson 1965–1968	Succeeded by Joseph W. Barr

v t e United States Secretaries of the Treasury

Hamilton Wolcott Dexter Gallatin Campbell Dallas Crawford Rush Ingham McLane Duane Taney Woodbury Ewing Forward Spencer Bibb Walker Meredith Corwin Guthrie Cobb Thomas Dix Chase Fessenden McCulloch Boutwell Richardson Bristow Morrill Sherman Windom Folger Gresham McCulloch Manning Fairchild Windom Foster Carlisle Gage Shaw Cortelyou MacVeagh McAdoo Glass Houston Mellon Mills Woodin Morgenthau Vinson Snyder Humphrey Anderson Dillon Fowler Barr Kennedy Connally Shultz Simon Blumenthal Miller Regan Baker Brady Bentsen Rubin Summers O'Neill Snow Paulson Geithner

United States Secretaries of the Treasury

v t e Cabinet of President Lyndon B. Johnson (1963–1969)

Vice President	None (1963–1965) · Hubert Humphrey (1965–1969)

Secretary of State	Dean Rusk (1963–1969)

Secretary of the Treasury	C. Douglas Dillon (1963–1965) · Henry H. Fowler (1965–1968) · Joseph W. Barr (1968–1969)

Secretary of Defense	Robert McNamara (1963–1968) · Clark Clifford (1968–1969)

Attorney General	Robert F. Kennedy (1963–1964) · Nicholas Katzenbach (1965–1966) · Ramsey Clark (1967–1969)

Postmaster General	John A. Gronouski (1963–1965) · Lawrence O'Brien (1965–1968) · W. Marvin Watson (1968–1969)

Secretary of the Interior	Stewart Udall (1963–1969)

Secretary of the Agriculture	Orville Freeman (1963–1969)

Secretary of Commerce	Luther H. Hodges (1963–1965) · John T. Connor (1965–1967) · Alexander Buel Trowbridge (1967–1968) · C. R. Smith (1968–1969)

Secretary of Labor	W. Willard Wirtz (1963–1969)

Secretary of Health, Education and Welfare	Anthony J. Celebrezze (1963–1965) · John William Gardner (1965–1968) · Wilbur Joseph Cohen (1968–1969)

Secretary of Housing and Urban Development	Robert Clifton Weaver (1966–1968) · Robert Coldwell Wood (1969)

Secretary of Transportation	Alan Stephenson Boyd (1967–1969)

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