1. Franklin MacVeagh was an American politician, lawyer, grocer and banker.
10 Facts About Franklin MacVeagh
1. 2.
Franklin MacVeagh served as the United States Secretary of the Treasury under President William Howard Taft.
3.
Franklin MacVeagh then graduated from Columbia Law School in 1864.
4.
Franklin MacVeagh initially worked as a wholesale grocer and lawyer and was hired by the Commercial National Bank of Chicago.
5.
Franklin MacVeagh failed to address the pressing problem of currency reform leaving it to the National Monetary Commission, which had been established by the Aldrich-Vreeland Act of 1908, but did stress the urgency of reform in his annual report.
6.
Franklin MacVeagh is remembered for increasing the efficiency and general progressiveness of the Treasury Department.
7.
Franklin MacVeagh was involved in the creation of the buffalo nickel.
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William Howard Taft 8.
In 1885, Franklin MacVeagh served as the eighth president of the Commercial Club of Chicago.
9.
Franklin MacVeagh owned a large summer estate in Dublin, New Hampshire known as Knollwood.
10.
Franklin MacVeagh died in Chicago, Illinois, on July 6,1934, at age 96, and was interred in Graceland Cemetery in Chicago.