Garrard B. Winston
Winston in 1925
Under Secretary of the Treasury
In office
July 9, 1923 – November 5, 1927
Preceded byS. Parker Gilbert Jr.
Succeeded byOgden L. Mills
Personal details
Born
Garrard Bigelow Winston

(1882-07-25)July 25, 1882
Chicago, Illinois
DiedJuly 28, 1955(1955-07-28) (aged 73)
New York City, New York
RelationsFrederick Hampden Winston (grandfather)
Parent(s)Frederick Seymour Winston
Ada Fountain
EducationSt. Paul's School
Alma materYale University
Northwestern University Law School

Garrard Bigelow Winston (July 25, 1882 – July 28, 1955) was an American lawyer and public servant who served as Under Secretary of the Treasury from 1923 to 1927.

Early life

Winston was born in Chicago, Illinois on July 25, 1882. He was a son of attorney Frederick Seymour Winston (1856–1909), and Ada (née Fountain) Winston (1858–1919).[1] His brother was Hampden Winston,[2] and his sister was Marcia Brackenridge Winston.[3]

His paternal grandparents were Maria Garrard (née Dudley) Winston (a daughter of Gen. Ambrose William Dudley) and Frederick Hampden Winston, the former U.S. Minister to Persia who was a nephew of Frederick S. Winston (the longtime president of the Mutual Life Insurance Company of New York).[4] Through his father, he was a descendant of Gen. Lachlan McIntosh,[5]

Winston was educated at St. Paul's School in Concord, New Hampshire before attending Yale University, where he graduated with the class of 1904, and Northwestern University Law School, where he obtained an LL.B. degree in 1906.[1]

Career

He became a member of the Winston, Payne, Strawn & Shaw firm which was founded by his grandfather, where he practiced corporation and railroad law. He also served as secretary and director of the U.S. Brewing Company, Chicago Consolidated Brewing & Malting Co., and was a director of the Chicago Breweries, Ltd.[1] During World War I, he served overseas as a Major in the 331st Field Artillery.[2]

In July 1923, he was appointed Under Secretary of the Treasury by President Calvin Coolidge to succeed S. Parker Gilbert Jr.[6] He served in that capacity under Secretary Andrew W. Mellon until February 1927 when he was succeeded by U.S. Representative Ogden L. Mills.[7] While with Treasury, Winston took part in the settlement of the international war debts arising from World War I and acted as Secretary of the American Debt Funding Commission.[8][9][10] After leaving Treasury, he joined the Shearman & Sterling law firm and remained there until his death in 1955.[2] In 1945, he became a director of Eversharp Inc.[11]

Personal life

In 1911, he lived at 1508 North State Street in Chicago and was a member of the South Shore Country Club, the Saddle and Cycle Club, the Mid-Day Club and was an avid yachting enthusiast.[1] From 1925 to 1927, he was treasurer of the American Red Cross and was president of the New York Trade School and a vice president and director of the Miriam Osborn Memorial Home Association.[2]

Winston, who never married, died on July 28, 1955, at Roosevelt Hospital in New York City. At the time of his death, he was living at 7 East 92nd Street in Manhattan.[2] In his will, from a gross estate of $14,889,088, Winston left $3,702,706 to Roosevelt Hospital and other $3,702,706 to his sister Marcia, the remainder of which was to go to the Hospital upon her death.[3]

References

  1. 1 2 3 4 Marquis, Albert Nelson (1911). The Book of Chicagoans: A Biographical Dictionary of Leading Living Men of the City of Chicago, 1911. A.N. Marquis. p. 732. Retrieved 15 March 2022.
  2. 1 2 3 4 5 "Garrard B. Winston, Lawyer, Dies at 73; Under Secretary of Treasury 1923-27". The New York Times. 29 July 1955. Retrieved 15 March 2022.
  3. 1 2 "$3,702,706 to Roosevelt Hospital Bequeathed by Ex-Coolidge Aide; Use Is Unrestricted". The New York Times. 27 July 1957. Retrieved 15 March 2022.
  4. ↑ University, Yale (1910). Obituary Record of Graduates of Yale University ... Presented at the Annual Meeting of the Alumni. Yale University. Retrieved 15 March 2022.
  5. ↑ Browning, C.H. (1883). Americans of Royal Descent. pp. 144–146. Retrieved 15 March 2022.
  6. ↑ "Slated for Treasury Promotion". The New York Times. 1 August 1923. Retrieved 15 March 2022.
  7. ↑ Times, Special to The New York (24 January 1927). "WINSTON TO QUIT FEB. 1.; Ogden L. Will Then Become Under-Secretary of Treasury". The New York Times. Retrieved 15 March 2022.
  8. ↑ "SHOWS HOW NATION PAYS OFF ITS DEBTS; Garrard B. Winston Puts Interest-Bearing Total at More Than $20,000,000,000. PERIOD COVERS 26 YEARS Government Controls Market in Its Own Bonds, Says Treasury Official at Bankers' Luncheon". The New York Times. 17 February 1925. Retrieved 15 March 2022.
  9. ↑ "AMERICA WILL HELP EUROPE, SAYS WINSTON; But Under-Secretary of Treasury Tells Kansas City Bankers Reforms Must Come First". The New York Times. 12 October 1926. Retrieved 15 March 2022.
  10. ↑ Stark, Louis (23 August 1929). "WAR DEBTS URGED AS LEVER FOR PEACE; Speakers at Williams Institute Propose Using Our Power to Force Disarmament. CANCELLATION IS OPPOSED Garrard B. Winston Says Europe Would Consider It Apologetic, Not an Act of Grace."UNDERDOG" APPEAL MADE British Laborite Declares ThatWorkers Demand FreedomFrom Reparations Taxes. Says Workers Resent War Taxes. Dr. Garfield Supports Proposal. Defines French Position. Declare Half of Debt Canceled. Briand Quoted on Settlement". The New York Times. Retrieved 15 March 2022.
  11. ↑ "Joins Board of Directors Of Eversharp Company". The New York Times. 27 July 1945. Retrieved 15 March 2022.
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