1910 – Born on June 4th in Burleson, Johnson County, Texas. American businessman and politician.
1932 – Was a member of Texas state house of representatives.
1935 – Married to Ollie Mae Rawlins on April 10th.
1953-1954 – He had held a number of important government posts in Texas and Washington, including secretary of the Navy, and deputy secretary of defense.
1955 – Received the Medal of Freedom.
1957 – Became the U.S. Secretary of the Treasury.
– A firm believer like Eisenhower in fiscal restraint, he attempted to hold federal spending within narrow limits and to balance the budget.
1961 – He became a partner with Carl M. Loeb, Rhoades, and Company.
1987 – Pleaded guilty to charges of evading taxes by illegally operating an offshore bank; sentenced to jail, house arrest, and probation.
1989 – Died of complications from surgery on cancer of the esophagus on August 14th in New York.