John Skelton Williams

US Comptroller of the Currency
The basics

Quick Facts

IntroUS Comptroller of the Currency
PlacesUnited States of America
Gender
Male
Birth6 July 1865, Powhatan County, USA
Death4 November 1926Richmond, USA (aged 61 years)
Star signCancer
The details

Biography

John Skelton Williams (July 6, 1865 – November 4, 1926) was a United States Comptroller of the Currency from 1914 to 1921 and the first president of the Seaboard Air Line Railway.

Biography

John Skelton Williams was a leading southern financier. He served as the Comptroller of the Currency under President Woodrow Wilson from 1914 to 1921 after serving as Assistant Secretary of the Treasury. Previously, he had organized the Seaboard Air Line Railway into a single company, and served as its president from 1900 to 1903.

Williams was Comptroller throughout World War I. Under his leadership, the agency worked closely with the War Finance Corporation, which was established in 1918 to provide credit to businesses, including banks, to promote the war effort. During William's term, legislation was passed allowing the consolidation of two or more banks. A segregationist, he imposed segregation on the Bureau of Engraving and Printing and ended promotions for black workers.

The contents of this page are sourced from Wikipedia article on 31 May 2020. The contents are available under the CC BY-SA 4.0 license.