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Gerard Swope

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20: 104:(1933); member, President's Advisory Council on Economic Security (1934); and member, Advisory Council on Social Security (1937–1938). Swope was Assistant Secretary of the Treasury in 1942, when he was chairman of the committee to Study Budgets of Relief Appeals for Foreign Countries. For his work, he won the Hoover Medal. 172:"started as a trade association act. The original draft of the act grew out of the so-called Gerard Swope plan for Recovery." When asked in November 1933 about an updated Swope Plan, President Roosevelt said, "Mr. Swope's plan is a very interesting theoretical suggestion in regard to some ultimate development of N.R.A." 149:
would supervise trade associations established for each industry. Trade associations would cover every company with at least 50 employees after three years. Associations would regulate output and set prices. Workers would receive life insurance, pensions, and unemployment insurance paid for in part
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in 1933. Swope's other Roosevelt administration roles included member, Industrial Advisory Board of the National Recovery Administration (NRA) (1933); member, Bureau of Advertising and Planning of the Department of Commerce (1933); chairman, Coal Advisory Board (1933); member, National Labor Board
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between 1922 and 1940, and again from 1942 until 1945. During this time Swope expanded GE's product offerings, reorienting GE toward consumer home appliances, and offering consumer credit services.
113: 350: 674: 377: 491: 669: 679: 294: 322: 664: 484: 161:, who strongly supported voluntary trade associations, denounced the plan for being compulsory, inefficient, and monopolistic. 50: 269: 88:, earning high profits and market share and focused on employee training, retention, and loyalty. Before the passage of the 194: 100: 617: 210: 477: 420: 400: 169: 122:"if he didn't love New York so much." He was a long-time sponsor of the American Technion Society, which supported 441:
Hess, Jerry, "Oral History Interview with Leon H. Keyserling," Harry S Truman Library, May 3, 1971. (Available at
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on November 20, 1957. In 2005, Forbes Magazine ranked Swope as the 20th most influential businessman of all time.
206: 30:(December 1, 1872 – November 20, 1957) was an American electronics businessman. He served as the president of 214: 684: 327: 278: 62: 146: 112:
In 1949, Swope made his first visit to Israel at the suggestion of friends who were active in the
84:, and other programs that were considered radical in their day. Swope increased sales and overall 510: 235: 85: 256:, vol. 4, edited by Jeffrey Fear. German Historical Institute. Last modified March 05, 2013. 249: 659: 654: 579: 96: 54: 291: 8: 151: 123: 46: 202: 165: 442: 145:
In September 1931, Swope presented a proposal for recovery. Under the Swope plan, the
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Immigrant Entrepreneurship: German-American Business Biographies, 1720 to the Present
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Garraty, John (1986). The Great Depression. San Diego: Harcourt Brace Jovanovich.
31: 298: 273: 266: 73: 66: 58: 80:, making conditions better for employees with voluntary unemployment insurance, 49:, to Ida and Isaac Swope, Jewish immigrants from Germany. He graduated from the 534: 158: 81: 648: 632: 605: 549: 528: 198: 134: 34: 469: 181: 567: 561: 323:"Gerard Swope Jr. Dies; Was Great Friend of Israel; Supported Technion" 89: 76:
innovations. At General Electric, Swope implemented numerous labor
65:, the Hollywood and Life Magazine photographer who married actress 236:"GE Leadership | GE Executives | GE Management | General Electric" 116:. On the trip, Swope expressed that he would consider moving to a 309:
Book Rags, Gerald Swope Biography, available at www.bookrags.com.
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and other conservative groups provided enthusiastic support.
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in 1895. He married Mary Dayton Hill. He was the brother of
99:, then known as the Business Advisory Council, for the 443:http://www.trumanlibrary.org/oralhist/keyserl1.htm 292:The Business Council, Official website, Background 646: 376:: CS1 maint: bot: original URL status unknown ( 92:, Swope "had long supported labor legislation." 485: 359:. Archived from the original on July 12, 2005 675:Massachusetts Institute of Technology alumni 499: 16:American electronics businessman (1872–1957) 492: 478: 670:American people of German-Jewish descent 18: 285: 647: 390: 680:American manufacturing businesspeople 473: 317: 315: 51:Massachusetts Institute of Technology 101:United States Department of Commerce 13: 312: 211:Washington University in St. Louis 72:He is possibly best known for his 14: 696: 463:Book Rags, Gerard Swope Biography 395:. New Rochelle: Arlington House. 170:National Industrial Recovery Act 629:Gerald L. Phillippe (1961–1963) 546:Gerald L. Phillippe (1963–1972) 457: 448: 435: 426: 207:Stevens Institute of Technology 190:Order of the Rising Sun (Japan) 409: 384: 343: 303: 259: 242: 228: 164:In an oral history interview, 114:Palestine Economic Corporation 1: 665:Businesspeople from St. Louis 445:; retrieved January 29, 2013) 221: 215:Haifa Institute of Technology 140: 107: 40: 7: 10: 701: 589: 508: 328:Jewish Telegraphic Agency 279:The American Conservative 193:Honorary doctorates from 175: 95:He served as Chairman of 187:Legion of Honor (France) 147:Federal Trade Commission 391:Sutton, Antony (1975). 351:"Forbes online article" 620:(1940–1942, 1945–1950) 614:(1922–1940, 1942–1945) 537:(1940–1942, 1945–1958) 531:(1922–1939, 1942–1945) 454:Garraty (1986), p. 192 432:Garraty (1986), p. 191 297:March 3, 2016, at the 86:efficiency (economics) 24: 22: 580:H. Lawrence Culp Jr. 168:said the New Deal's 97:The Business Council 55:Herbert Bayard Swope 393:Wall Street and FDR 152:Chamber of Commerce 124:Technion University 47:St. Louis, Missouri 272:2011-08-14 at the 265:Richman, Sheldon, 166:Leon H. Keyserling 150:by employers. The 45:Swope was born in 25: 685:American Zionists 642: 641: 624:Ralph J. Cordiner 618:Charles E. Wilson 600:Charles A. Coffin 556:Reginald H. Jones 541:Ralph J. Cordiner 523:Charles A. Coffin 692: 592:General Electric 574:John L. Flannery 515:General Electric 502:General Electric 494: 487: 480: 471: 470: 464: 461: 455: 452: 446: 439: 433: 430: 424: 413: 407: 406: 388: 382: 381: 375: 367: 365: 364: 347: 341: 340: 338: 336: 319: 310: 307: 301: 289: 283: 267:Libertarian Left 263: 257: 246: 240: 239: 232: 57:, and father of 32:General Electric 700: 699: 695: 694: 693: 691: 690: 689: 645: 644: 643: 638: 585: 504: 498: 468: 467: 462: 458: 453: 449: 440: 436: 431: 427: 414: 410: 403: 389: 385: 369: 368: 362: 360: 349: 348: 344: 334: 332: 321: 320: 313: 308: 304: 299:Wayback Machine 290: 286: 274:Wayback Machine 264: 260: 250:"Gerard Swope." 248:Irmer, Thomas. 247: 243: 234: 233: 229: 224: 178: 143: 110: 74:labor relations 67:Dorothy McGuire 59:Henrietta Swope 43: 17: 12: 11: 5: 698: 688: 687: 682: 677: 672: 667: 662: 657: 640: 639: 637: 636: 630: 627: 621: 615: 609: 603: 596: 594: 590:Presidents of 587: 586: 584: 583: 577: 571: 565: 559: 553: 547: 544: 538: 535:Philip D. Reed 532: 526: 519: 517: 506: 505: 497: 496: 489: 482: 474: 466: 465: 456: 447: 434: 425: 408: 401: 383: 342: 311: 302: 284: 258: 241: 226: 225: 223: 220: 219: 218: 191: 188: 185: 177: 174: 159:Herbert Hoover 142: 139: 109: 106: 82:profit-sharing 42: 39: 15: 9: 6: 4: 3: 2: 697: 686: 683: 681: 678: 676: 673: 671: 668: 666: 663: 661: 658: 656: 653: 652: 650: 634: 633:Fred J. Borch 631: 628: 625: 622: 619: 616: 613: 610: 607: 606:Edwin W. Rice 604: 601: 598: 597: 595: 593: 588: 581: 578: 575: 572: 569: 566: 563: 560: 557: 554: 551: 550:Fred J. Borch 548: 545: 542: 539: 536: 533: 530: 529:Owen D. Young 527: 524: 521: 520: 518: 516: 512: 509:Chairman and 507: 503: 495: 490: 488: 483: 481: 476: 475: 472: 460: 451: 444: 438: 429: 422: 421:0-15-136903-8 418: 412: 404: 402:9780870003288 398: 394: 387: 379: 373: 358: 357: 352: 346: 330: 329: 324: 318: 316: 306: 300: 296: 293: 288: 281: 280: 275: 271: 268: 262: 255: 251: 245: 237: 231: 227: 216: 212: 208: 204: 200: 196: 192: 189: 186: 183: 180: 179: 173: 171: 167: 162: 160: 155: 153: 148: 138: 136: 135:New York City 131: 129: 125: 121: 120: 115: 105: 102: 98: 93: 91: 87: 83: 79: 75: 70: 68: 64: 60: 56: 52: 48: 38: 36: 33: 29: 21: 612:Gerard Swope 611: 459: 450: 437: 428: 411: 392: 386: 361:. Retrieved 354: 345: 333:. Retrieved 331:. 1957-11-21 326: 305: 287: 282:(March 2011) 277: 261: 253: 244: 230: 182:Hoover Medal 163: 156: 144: 132: 117: 111: 94: 71: 44: 28:Gerard Swope 27: 26: 23:Gerard Swope 660:1957 deaths 655:1872 births 635:(1963–1967) 626:(1950–1958) 608:(1913–1922) 602:(1892–1912) 582:(2018–2024) 576:(2017–2018) 570:(2001–2017) 568:Jeff Immelt 564:(1981–2001) 558:(1972–1981) 552:(1967–1972) 543:(1958–1963) 525:(1913–1922) 335:15 December 133:He died in 649:Categories 562:Jack Welch 363:2005-09-30 222:References 157:President 141:Swope Plan 108:Later life 90:Wagner Act 63:John Swope 423:, p. 149. 41:Biography 500:CEOs of 372:cite web 295:Archived 270:Archived 203:Colgate 195:Rutgers 119:kibbutz 78:reforms 35:Company 419:  399:  356:Forbes 213:, and 184:, 1942 176:Honors 199:Union 128:Haifa 511:CEOs 417:ISBN 397:ISBN 378:link 337:2023 61:and 513:of 252:In 126:in 651:: 374:}} 370:{{ 353:. 325:. 314:^ 276:, 209:, 205:, 201:, 197:, 130:. 69:. 493:e 486:t 479:v 405:. 380:) 366:. 339:. 238:. 217:.

Index


General Electric
Company
St. Louis, Missouri
Massachusetts Institute of Technology
Herbert Bayard Swope
Henrietta Swope
John Swope
Dorothy McGuire
labor relations
reforms
profit-sharing
efficiency (economics)
Wagner Act
The Business Council
United States Department of Commerce
Palestine Economic Corporation
kibbutz
Technion University
Haifa
New York City
Federal Trade Commission
Chamber of Commerce
Herbert Hoover
Leon H. Keyserling
National Industrial Recovery Act
Hoover Medal
Rutgers
Union
Colgate

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