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UNPRECEDENTED POWER

JESSE JONES, CAPITALISM, AND THE COMMON GOOD

Although his monumental contribution to the national welfare is largely forgotten today, Jesse Jones (1874–1956) was widely considered to be one of the most powerful men in America—second only to FDR—during the years of the Great Depression and World War II.

Fenberg—an officer for the Houston Endowment and the producer and writer of the Emmy Award–winning documentary “Brother Can You Spare a Billion: The Story of Jesse H. Jones”—chronicles how Jones played a central role in the development of Houston into a major commercial and financial center, before moving to Washington D.C. to head the Reconstruction Finance Corporation and its many spinoff agencies. The author locates his work on the national scene within the broader context of what he views as the successes of the New Deal. As a leading Texas Democrat, Jones came to the attention of Woodrow Wilson and was given an important role in coordinating international-relief efforts along with Herbert Hoover. Upon assuming office, Roosevelt chose Jones to head the RFC, which rapidly morphed into a leading institution of the New Deal, with chief responsibility for getting the economy back on track. By 1934, Jones faced problems similar to issues today. Despite the massive infusion of capital into failing banks to increase their liquidity, credit to industry remained largely frozen. Jones then sought and received authority to make loans directly to credit-worthy businesses, both large and small, and began financing national infrastructure development. Jones warned against balancing the budget by cutting back on New Deal stimulus and relief efforts, and his views were borne out in the 1937 recession. During WWII, the RFC, under his direction, played a major role in the reconversion of American factories, the development of synthetics such as rubber and the maintenance of an international supply line where possible. A somewhat-forgotten page of U.S. history that holds enormous relevance today.

 

Pub Date: Oct. 6, 2011

ISBN: 978-1-60344-434-7

Page Count: 616

Publisher: Texas A&M Univ.

Review Posted Online: July 19, 2011

Kirkus Reviews Issue: Aug. 1, 2011

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NIGHT

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the...

Elie Wiesel spent his early years in a small Transylvanian town as one of four children. 

He was the only one of the family to survive what Francois Maurois, in his introduction, calls the "human holocaust" of the persecution of the Jews, which began with the restrictions, the singularization of the yellow star, the enclosure within the ghetto, and went on to the mass deportations to the ovens of Auschwitz and Buchenwald. There are unforgettable and horrifying scenes here in this spare and sombre memoir of this experience of the hanging of a child, of his first farewell with his father who leaves him an inheritance of a knife and a spoon, and of his last goodbye at Buchenwald his father's corpse is already cold let alone the long months of survival under unconscionable conditions. 

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the sphere of suffering shared, and in this case extended to the death march itself, there is no spiritual or emotional legacy here to offset any reader reluctance.

Pub Date: Jan. 16, 2006

ISBN: 0374500010

Page Count: 120

Publisher: Hill & Wang

Review Posted Online: Oct. 7, 2011

Kirkus Reviews Issue: Jan. 15, 2006

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THE PURSUIT OF HAPPYNESS

FROM MEAN STREETS TO WALL STREET

Well-told and admonitory.

Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.

Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.

Well-told and admonitory.

Pub Date: June 1, 2006

ISBN: 0-06-074486-3

Page Count: 320

Publisher: Amistad/HarperCollins

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: March 15, 2006

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