Seymour Parker Gilbert

Seymour Parker Gilbert
Photo from 1931
Assistant Secretary of the Treasury
In office June 1920 – June 1921
Preceded by	Russell Cornell Leffingwell
Under Secretary of the Treasury
In office June 1921 – 1923
Preceded by	Inaugural holder
Succeeded by	Garrard Winston
Agent General of Reparations
In office October 1924 – May 1930
Personal details
Born	(1892-10-13)October 13, 1892 Bloomfield, NJ
Died	February 23, 1938(1938-02-23) (aged 45) New York City
Alma mater	Rutgers College Harvard Law School

Seymour Parker Gilbert (October 13, 1892 - February 23, 1938) was an American lawyer, banker, politician and diplomat. He is chiefly known for being Agent General for Reparations to Germany, from October 1924 to May 1930. Afterwards, in 1931, he became an associate at J. P. Morgan.

Early life

Parker Gilbert was the son of Seymour Parker and Carrie Jennings (née Cooper) Gilbert. Gilbert was educated at Rutgers College, graduating at the age of 19, and received a L.L.B. from Harvard Law School at 22, where he was the editor of the Harvard Law Review from 1913-1915, and later an honorary degree in 1930 for his work in reparations.

Career

Time cover, 15 Sep 1924

From 1915-1918, he practiced law with Cravath and Henderson in New York.

At age 27, he was offered a cabinet post in the Wilson Administration, as Assistant Secretary of the Treasury, and continued to serve in the Harding Administration. In 1924, he was appointed Agent General for Reparations by the Allied Reparation Commission, succeeding the temporary Owen D. Young. In that capacity, he was responsible for the execution of the Dawes Plan. Under the Young Plan, the Bank for International Settlements was created, nullifying the position of Parker Gilbert.

Gilbert served as Under Secretary of the Treasury from June 1921 – 1923 as well as Agent General of Reparations from October 1924 until May 1930, working with Weimar Germany to ensure loan repayments to America. Afterwards, in 1931, he became an associate at J. P. Morgan, where he was known to put in long hours at the firm.

Personal life

He died at age 45, from a heart attack. His son S. Parker Gilbert, born 1934, was chairman of Morgan Stanley during the 1980s. After his death, his wife, Louise Todd, married Harold Stanley, the co-founder of Morgan Stanley.

References

• The papers of S. Parker Gilbert

External links

• Genius Rewarded
• Newspaper clippings about Seymour Parker Gilbert in the 20th Century Press Archives of the ZBW