Seymour Parker Gilbert
Encyclopedia
Seymour Parker Gilbert 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
. He died at age 45, from a heart attack. His son S. Parker Gilbert, born 1934, was chairman of Morgan Stanley
during the 1980s.
Parker Gilbert was educated at Rutgers College
, and received a L.L.B. from Harvard Law School
. 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 Reparations 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.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
lawyer
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...
, banker, politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
and diplomat
Diplomat
A diplomat is a person appointed by a state to conduct diplomacy with another state or international organization. The main functions of diplomats revolve around the representation and protection of the interests and nationals of the sending state, as well as the promotion of information and...
. 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
J. P. Morgan
John Pierpont Morgan was an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric...
. He died at age 45, from a heart attack. His son S. Parker Gilbert, born 1934, was chairman of Morgan Stanley
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
during the 1980s.
Parker Gilbert was educated at Rutgers College
Rutgers University
Rutgers, The State University of New Jersey , is the largest institution for higher education in New Jersey, United States. It was originally chartered as Queen's College in 1766. It is the eighth-oldest college in the United States and one of the nine Colonial colleges founded before the American...
, and received a L.L.B. from Harvard Law School
Harvard Law School
Harvard Law School is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, it is the oldest continually-operating law school in the United States and is home to the largest academic law library in the world. The school is routinely ranked by the U.S...
. 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 Reparations Commission, succeeding the temporary Owen D. Young. In that capacity, he was responsible for the execution of the Dawes Plan
Dawes Plan
The Dawes Plan was an attempt in 1924, following World War I for the Triple Entente to collect war reparations debt from Germany...
. Under the Young Plan
Young Plan
The Young Plan was a program for settlement of German reparations debts after World War I written in 1929 and formally adopted in 1930. It was presented by the committee headed by American Owen D. Young. After the Dawes Plan was put into operation , it became apparent that Germany could not meet...
, the Bank for International Settlements
Bank for International Settlements
The Bank for International Settlements is an intergovernmental organization of central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks." It is not accountable to any national government...
was created, nullifying the position of Parker Gilbert.