1. George Nelson Peek was an American agricultural economist, business executive, and civil servant.
14 Facts About George Peek
1. 2.
George Peek was the first administrator of the Agricultural Adjustment Administration and the first president of the two banks that would become the Export-Import Bank of the United States.
3.
George Peek attended Northwestern University from 1891 to 1892, but did not graduate.
4.
George Peek immediately hired retired Brigadier General Hugh S Johnson as the company's general counsel.
5.
George Peek was a member of the War Industries Board during World War I, and after the war was a member of the Industrial Board advising the United States Department of Commerce on post-war reconversion.
6.
George Peek fought with Wallace over the administration of the agency.
7.
George Peek disagreed with one of the three fundamental programs created by the Agricultural Adjustment Act, which created three programs designed to boost farm prices.
8.
George Peek was adamantly opposed to the production quotas, which he saw as a form of socialism.
9.
In early December 1933, while Wallace was out of town, George Peek announced a marketing program designed to sell American butter in Europe at rates below the national domestic price.
10.
Tugwell himself threatened to resign if George Peek were not fired.
11.
George Peek clashed repeatedly with US Secretary of State Cordell Hull over a series of reciprocal trade agreements in 1935, and resigned from the bank on December 2,1935.
12.
George Peek retired to Rancho Santa Fe, California, in 1937 with his wife, Georgia.
13.
George Peek rejoined the Republican Party, and supported Alf Landon in the 1936 presidential election.
14.
George Peek died at his home in Rancho Santa Fe on December 17,1943.