Henry May Dawes (April 22, 1877 – September 29, 1952) was an American businessman and banker from a prominent Ohio family. He served as a United StatesComptroller of the Currency from 1923 to 1924 and also worked as an executive in the oil industry.
Dawes was an Illinois banker and businessman when he was named Comptroller by President Warren G. Harding in 1923. Although he held office for only 19 months, Dawes carried out a nationwide effort to gather recommendations from national bank officials and other experts for changes in the banking laws. With the assistance of a volunteer committee of national bankers, Dawes drafted proposals that were submitted to Congress. The Dawes recommendations resulted in the McFadden Act, enacted under his successor.[1]
Dawes returned to the oil industry after his term, as president of Pure Oil Company from 1924 to 1952. In 1936, along with other oil company executives, he was indicted and stood trial for violations of the Sherman Antitrust Act. Acquitted, he resumed his civic duties, serving as Program Committee Chair for the Economic Club of Chicago from 1939 until 1940, as well as on its board of directors, along with his brother Rufus. He died on September 29, 1952, in Evanston, Illinois.[2]
^Henry M. Dawes profile. Office of the Comptroller of the Currency. Retrieved on 8 June 2009 This article incorporates text from this source, which is in the public domain.
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