Raskob, John J. (John Jakob), 1879-1950

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John Raskob was born in Lockport, N.Y. on March 19, 1879. He was educated in the area's public schools and after holding a number of positions as a stenographer and secretary went to work for The Johnson Company of Lorain, Ohio, in August 1900. The Johnson Company had been recently purchased by Pierre S. du Pont. Two years later he became Pierre S. du Pont's private secretary, and when du Pont became treasurer of E.I. du Pont de Nemours & Co. on March 4, 1904, Raskob became his special assistant. In August 1911 Raskob became the assistant treasurer of the Du Pont Company. During the 1910s Raskob played an increasingly active role in Du Pont's major subsidiaries. In 1913 he became director of Du Pont Fabrikoid Company. The next year he was named treasurer of the E.I. du Pont de Nemours Powder Company. In 1915 he became secretary and treasurer of the Christiana Securities Company. Later that year he became a director, treasurer, and member of the Finance and Executive Committee of E.I. du Pont de Nemours & Co. When Pierre du Pont began to acquire control over the General Motors Corporation, Raskob also became a director of G.M. Raskob was a director of the General Motors Acceptance Corp. from 1919 to 1929 and vice president for finance of the Du Pont Company from 1918 to 1946.

During the 1920s Raskob became active in Democratic Party politics and from 1928-1932 served as chairman of the Democratic National Committee. He was an important financial backer of Governor Alfred E. Smith when he ran for president in 1928. After the election of Franklin D. Roosevelt in 1932 Raskob became a prominent opponent of the New Deal and two years later was a founding member of the American Liberty League. In 1930 he became vice president of Empire State, Inc., which operated the Empire State Building. During the post-war years he was active in Catholic charities. In 1945 he formed the Raskob Foundation for Catholic Activities in Delaware. John J. Raskob died on October 15, 1950.

From the description of Papers, 1900-1956. (Hagley Museum & Library). WorldCat record id: 122503458

During the 1920s John J. Raskob and Pierre S. du Pont were leaders of the Association Against the Prohibition Amendment. Raskob played a prominent role within the Democratic Party rallying support for repeal. Raskob was an early supporter of New York Governor Alfred E. Smith's efforts to capture the 1928 Democratic presidential nomination. After Smith was nominated, Raskob became chairman of the Democratic National Committee. During the years between 1928 and 1932 Raskob continued to chair the DNC raising more than 2 1/2 million dollars to retire the debt from the 1928 campaign. He also attempted to restructure the party's apparatus - hiring for the first time a large full-time, permanent paid staff, which he attempted to organize according to "business principles". Raskob committed himself to the Democratic Party because he felt that this was the best vehicle for repeal of prohibition. In 1932 Raskob and Pierre S. du Pont opposed the nomination of Franklin D. Roosevelt as they hoped for a more conservative Presidential candidate. After Roosevelt's nomination, James Farley replaced Raskob as chairman of the DNC.

During the 1930s Raskob became a vocal critic of Franklin D. Roosevelt's New Deal. By 1936 he was supporting the Republican Party as he attempted to force the Democrats to repay the $900,000 loan that he had given to the DNC in 1928.

From the description of Democratic National Committee papers, 1928-1938. (Hagley Museum & Library). WorldCat record id: 122333711

Archival Resources
Role Title Holding Repository
creatorOf Alderman, Edwin Anderson, 1861-1931. Letters to James Rowland Angell, Harry Flood Byrd, Abraham Flexner, John J. Raskob, E. Lee Trinkle and others [manuscript] 1921-1927. University of Virginia. Library
creatorOf Raskob, John J. (John Jakob), 1879-1950. Democratic National Committee papers, 1928-1938. Hagley Museum & Library
referencedIn Corcoran, Helena Springer 1884-1963. Records 1938-1967. Hagley Museum & Library
referencedIn Pennsylvania Power & Light Company. Predecessor and subsidiary companies. Records, 1853-1957. Hagley Museum & Library
referencedIn State Democratic Executive Committee of Alabama. Records 1875-1986. Alabama Department of Archives and History
creatorOf Raskob, John J. (John Jakob), 1879-1950. TLS : New York, N.Y., to Meyer Blumenthal, 1936 Jan. 30. Hagley Museum & Library
referencedIn Du Pont, Pierre S. (Pierre Samuel), 1870-1954. Papers concerning General Motors Corporation, 1915-1954. Hagley Museum & Library
referencedIn Marinelli, Michael A. Archmere estate miscellany. Hagley Museum & Library
referencedIn Delaware clippings and scrapbook collection, 1818–1973, 1950–1969 University of Delaware Library - Special Collections
referencedIn Hagley Museum. Research reports, 1953-1978. Hagley Museum & Library
referencedIn Delaware clippings and scrapbook collection, 1818-1973, bulk 1950-1969. University of Delaware Library, Hugh M Morris Library
creatorOf Campbell, Thomas D. (Thomas Donald), 1882-1966. Papers, 1874-1987. University of New Mexico-Main Campus
referencedIn Christiana Securities Company. Records, 1915-77. Hagley Museum & Library
referencedIn Carpenter, Walter Samuel, 1888-1976. Business papers, 1926-1975. Hagley Museum & Library
referencedIn E.I. du Pont de Nemours & Company. Office of the president. Records, 1909-1952 (bulk 1914-1948). Hagley Museum & Library
referencedIn Frederick Cecil Horner Papers, 1917-1960, (bulk 1922-1940) Library of Congress. Manuscript Division
referencedIn Du Pont, Pierre S. (Pierre Samuel), 1870-1954. Papers, 1880-1954. Hagley Museum & Library
referencedIn E.I. du Pont de Nemours & Company. Records (Series II), 1765-1962 (bulk 1902-1962). Hagley Museum & Library
referencedIn E.I. du Pont de Nemours & Company. Executive Committee. Records, 1903-1991 (bulk 1950-1982). Hagley Museum & Library
referencedIn Du Pont, Francis Victor, 1894-1962. Francis Victor du Pont family papers, 1804-1961 [bulk, 1915-1960]. Hagley Museum & Library
creatorOf Hull, Cordell, 1871-1955. Cordell Hull papers, 1901-1932, bulk 1921-1932. Tennessee State Library & Archives, TSLA
referencedIn John Mason Brown papers, 1922-1967. Houghton Library
referencedIn American Liberty League. Records, 1929-1948. Hagley Museum & Library
creatorOf Casey, Martha De Bow. Collection, 1791-1933. Tennessee State Library & Archives, TSLA
referencedIn E.I. du Pont de Nemours & Company. Secretary's Dept. Records, 1904-1967. Hagley Museum & Library
referencedIn Josiah William Bailey Papers, 1833-1967 David M. Rubenstein Rare Book & Manuscript Library
referencedIn Du Pont, Pierre S. (Pierre Samuel), 1870-1954. Papers relating to Delaware social services, 1897-1954. Hagley Museum & Library
referencedIn Thompson, George E., 1910-1989. Memoirs, ca. 1954-1982. Hagley Museum & Library
referencedIn Du Pont, Pierre S. (Pierre Samuel), 1870-1954. Papers concerning investments, 1890-1954. Hagley Museum & Library
referencedIn Association Against the Prohibition Amendment. Records, 1920-1953. Hagley Museum & Library
referencedIn Du Pont, Pierre S. (Pierre Samuel), 1870-1954. Empire State Building papers, 1929-1953. Hagley Museum & Library
referencedIn Dowling, Eddie,. Oral history interview : New York, N.Y., 1968 May 1. Hagley Museum & Library
referencedIn Horner, Frederick Cecil, 1887-1974. Papers, 1917-1960 (bulk 1922-1940). Library of Congress
creatorOf Raskob, John J. (John Jakob), 1879-1950. Papers, 1900-1956. Hagley Museum & Library
referencedIn Wilson, C. E. [General Motors Corporation : historical materials]. Folder 87-4.19-3. Kettering University
referencedIn Thomas D. Campbell Papers, 1874-1984 University of New Mexico. Center for Southwest Research
referencedIn Horner, Frederick Cecil, 1887-1974. Papers of Frederick Cecil Horner, 1917-1960 (bulk 1922-1940). Library of Congress
referencedIn Du Pont, Irénée, 1876-1963. Papers, 1784-1957. Hagley Museum & Library
Role Title Holding Repository
Relation Name
associatedWith Alderman, Edwin Anderson, 1861-1931. person
associatedWith American Liberty League. corporateBody
associatedWith Association Against the Prohibition Amendment. corporateBody
associatedWith Bailey, Josiah William, 1873-1946 person
associatedWith Baker, Newton Diehl, 1871-1937. person
associatedWith Barton, Bruce, 1886-1967. person
associatedWith Baruch, Bernard M. (Bernard Mannes), 1870-1965. person
associatedWith Blumenthal, Meyer, 1889?-1951. person
associatedWith Breckinridge, Henry. person
correspondedWith Brown, John Mason, 1900-1969 person
associatedWith Business Advisory and Planning Council for the Dept. of Commerce (U.S.). corporateBody
associatedWith Byrnes, James F. (James Francis), 1882-1972. person
associatedWith Campbell, Thomas D. (Thomas Donald), 1882-1966. person
associatedWith Carnegie, Andrew, 1835-1919. person
associatedWith Carpenter, Walter Samuel, 1888-1976. person
associatedWith Casey, Martha De Bow. person
associatedWith Catholic Club of the City of New York. corporateBody
associatedWith Catholic Foundation of the Diocese of Wilmington, Inc. corporateBody
associatedWith Christiana Securities Company. corporateBody
associatedWith Clark, Joseph S. person
associatedWith Congress of American Industry. corporateBody
associatedWith Corcoran, Helena Springer 1884-1963. person
associatedWith Davis, John W. (John William), 1873-1955. person
associatedWith Democratic National Committee (U.S.). corporateBody
associatedWith DeWitt, Stanley C. person
associatedWith Dowling, Eddie, person
associatedWith Du Pont, Francis Victor, 1894-1962. person
associatedWith Du Pont, Irénée, 1876-1963. person
associatedWith Du Pont, Lammot, 1880-1952. person
associatedWith Du Pont, Pierre S. (Pierre Samuel), 1870-1954. person
associatedWith E.I. du Pont de Nemours & Company. corporateBody
associatedWith E.I. du Pont de Nemours & Company. Executive Committee. corporateBody
associatedWith E.I. du Pont de Nemours & Company. Office of the president. corporateBody
associatedWith E.I. du Pont de Nemours & Company. Secretary's Dept. corporateBody
associatedWith Empire State Building (New York, N.Y.) corporateBody
associatedWith Empire State, Inc. corporateBody
associatedWith Farley, James Aloysius, 1888-1976. person
associatedWith General Motors Corporation. corporateBody
associatedWith General Motors Corporation. Chevrolet Motor Division. corporateBody
associatedWith Guffey, Joseph F., 1870-1959. person
associatedWith Hagley Museum. corporateBody
associatedWith Hays, Will H. (Will Harrison), 1879-1954. person
associatedWith Hoover, Herbert, 1874-1964. person
correspondedWith Horner, Frederick Cecil, 1887-1974. person
associatedWith Hull, Cordell, 1871-1955. person
associatedWith Javits, Benjamin A. (Benjamin Abraham), 1894-1973. person
associatedWith Knudsen, William S., 1879-1948. person
associatedWith Lawrence, David, 1888-1973. person
associatedWith Lee, Ivy L. (Ivy Ledbetter), 1877-1934. person
associatedWith Lehman, Herbert H. (Herbert Henry), 1878-1963. person
associatedWith Lincoln, Edmond E. (Edmond Earl) 1888-1958. person
associatedWith Lippmann, Walter, 1889-1974. person
associatedWith Long, Huey Pierce, 1893-1935. person
associatedWith Morgenthau, Henry, 1856-1946. person
associatedWith Morrow, Dwight W. (Dwight Whitney), 1873-1931. person
associatedWith Moskowitz, Belle, 1877-1933. person
associatedWith Moxham, Arthur James, 1854-1931. person
associatedWith National Association of Manufacturers (U.S.). corporateBody
associatedWith National Business Conference. corporateBody
associatedWith National Civic Federation. corporateBody
associatedWith Pennsylvania Power & Light Company. Predecessor and subsidiary companies. corporateBody
associatedWith Raskob Foundation for Catholic Charities. corporateBody
associatedWith Roosevelt, Eleanor, 1884-1962. person
associatedWith Roosevelt, Franklin D. (Franklin Delano), 1882-1945. person
associatedWith Rosenwald, Julius, 1862-1932. person
associatedWith Shouse, Jouett, 1879-1968. person
associatedWith Sloan, Alfred P. (Alfred Pritchard), 1875-1966. person
associatedWith Smith, Alfred Emanuel, 1873-1944. person
associatedWith Spellman, Francis, 1889-1967. person
associatedWith State Democratic Executive Committee of Alabama. corporateBody
associatedWith Stayton, William H. person
associatedWith Stettinius, Edward R. (Edward Reilly), 1900-1949. person
associatedWith Swope, Gerard, 1872-1957. person
associatedWith Swope, Herbert Bayard, 1882-1958. person
associatedWith Thompson, George E., 1910-1989. person
associatedWith Tumulty, Joseph P. (Joseph Patrick), 1879-1954. person
associatedWith Tydings, Millard E. (Millard Evelyn), 1890-1961. person
associatedWith United States. National Recovery Administration. corporateBody
associatedWith Wagner, Robert F. (Robert Ferdinand), 1877-1953. person
associatedWith Wallace, Henry A. (Henry Agard), 1888-1965. person
associatedWith Wanamaker, John, 1838-1922. person
associatedWith Watson, Thomas John, 1874-1956. person
associatedWith Wheeler, Burton K. (Burton Kendall), 1882-1975. person
associatedWith Wickersham, George W. (George Woodward), 1858-1936. person
associatedWith Wilson, Edith Bolling Galt, 1872-1961. person
associatedWith Young, Owen D., 1874-1962. person
Place Name Admin Code Country
United States
New York (State)--New York
New York (N.Y.)
Subject
Catholic church--Education
Charities
Business and politics
Antitrust law
Democratic Party (U.S.)
Skyscrapers
Catholic Church
Prohibition
Capitalists and financiers
New Deal, 1933-1939
Corporations--Political activity
Political parties
Office buildings
Explosives industry
Campaign management
Anti-communist movements
Chemical industry
Industrial policy
Automobile industry and trade
Occupation
Function

Person

Birth 1879-03-19

Death 1950-10-15

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SNAC ID: 48231087