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Robert B. Anderson

From Wikipedia, the free encyclopedia

Robert B. Anderson
Robert B Anderson.jpeg
56th United States Secretary of the Treasury
In office
July 29, 1957 – January 20, 1961
PresidentDwight D. Eisenhower
Preceded byGeorge M. Humphrey
Succeeded byC. Douglas Dillon
5th United States Deputy Secretary of Defense
In office
May 3, 1954 – August 4, 1955
PresidentDwight D. Eisenhower
Preceded byRoger M. Kyes
Succeeded byReuben B. Robertson Jr.
4th United States Secretary of the Navy
In office
February 4, 1953 – March 3, 1954
PresidentDwight D. Eisenhower
Preceded byDan A. Kimball
Succeeded byCharles Thomas
Member of the Texas House of Representatives
from the 99th district
In office
January 10, 1933 – September 11, 1933
Preceded byJohn Holland Veatch
Succeeded byEdgar Emmett Hunter
Personal details
Robert Bernard Anderson

(1910-06-04)June 4, 1910
Burleson, Texas, US
DiedAugust 14, 1989(1989-08-14) (aged 79)
New York City, New York, US
Political partyDemocratic (Before 1956)
Republican (1956-1989)
Ollie Rawlins
(m. 1935; died 1987)
EducationSouthwestern University
Weatherford College (BA)
University of Texas, Austin (LLB)

Robert Bernard Anderson (June 4, 1910 – August 14, 1989) was an American administrator and businessman. He served as the Secretary of the Navy between February 1953 and March 1954. He also served as the Secretary of the Treasury from 1957 until 1961, and was one of President Eisenhower's closest confidants.[1] Two years before his death from cancer, he was disbarred for illegal banking operations and tax evasion.

Early life

Anderson was born in Burleson, Texas on June 4, 1910, to Robert Lee Anderson and his wife Elizabeth Haskew "Lizzy" Anderson. He was a high school teacher prior to entering the University of Texas Law School, from which he graduated in 1932. He thereafter engaged in political, governmental, law and business activities in the state of Texas.

State government service

Upon leaving the University of Texas School of Law in 1932, Anderson soon became an Assistant Attorney General for the State of Texas where he worked in 1933-1934. By 1934, he moved onward to become a State of Texas Tax Commissioner.

By 1939-1940, Anderson pursued opportunities within the private sector; he and two other partners purchased the City of Austin-based KTBC radio station from the Texas Broadcasting Company. Not able to increase KTBC's broadcasting power from the Federal Communications Commission (FCC), the three partners then sold KTBC to Lady Bird Johnson in January–February 1943; she was the wife of U.S. Representative—and future Senator and U.S. President—Lyndon B. Johnson.

Marriage and children

Anderson married Ollie Mae Rawlins on April 10, 1935. The couple had two sons, Gerald Lee and James Richard. The Anderson family later moved to Cleburne, Texas. Ollie Anderson died in Greenwich, Connecticut of Alzheimer disease on May 31, 1987.

Federal government service

During his time as Navy Secretary, he ended the last formal vestiges of racial segregation in the Navy and advocated the force levels and technological advances necessary to maintain a flexible defense strategy. In May 1954, Anderson left his Navy post to become Deputy Secretary of Defense. He received the Medal of Freedom in 1955. From 1957 to 1961, he served as President Eisenhower's Secretary of the Treasury.

Eisenhower was particularly impressed by Anderson's abilities, believing him to be more than capable of being president himself, and he named him as one of his leading choices to be his running mate in 1956, should to be Vice-President Richard Nixon have accepted Eisenhower's recommendation that he leave the vice-presidency in order to serve as Secretary of Defense.[2] However, Nixon opted to remain on the ticket with Ike. As 1960 approached, Eisenhower acknowledged that Nixon no doubt had the Republican presidential nomination sewn up, but he privately pressed Anderson to enter the primaries and challenge Nixon, but Anderson declined. Once Nixon was nominated, Eisenhower suggested that he select Anderson as his running mate, but Nixon chose Henry Cabot Lodge Jr. instead.

Eisenhower said Anderson "is just about the ablest man that I know, He would make a splendid President."[3]

In 1959, as Secretary of the Treasury, Anderson supported the creation of the International Development Association, after pressure from then-Senator Mike Monroney (D-Oklahoma).[4]

Private business and death

After leaving office, Anderson was active in business, investment and banking affairs, and, during the 1960s, carried out diplomatic missions on behalf of President Lyndon B. Johnson, including many trips to Cairo to confer with Egyptian President Gamal Abdel Nasser in the wake of the 1967 Six-Day War.[5]

Anderson owned the Anderson group, where he had business interests in a number of international projects. Anderson was a director on the Hong Kong Resort Company board. He had a casino investment with Edward Wong Wing-cheung, founder of HKR.[6]

Anderson's career ended in personal suffering. He was hospitalized several times for alcoholism. He illegally operated the Commercial Exchange Bank of Anguilla, British West Indies, which had an unlicensed New York branch office. The bank lost $4.4 million and several investors lost their life savings in the mid 1980s including record producer Ethel Gabriel.[7] The bank also laundered large amounts of cash for drug traffickers. In 1987, Anderson pleaded guilty to criminal violations of the banking laws and to tax evasion, and was sentenced to prison.[8] The Supreme Court of New York Appellate Division, in disbarring Anderson from the practice of law, called his disbarment "a sad but we think necessary end to the legal career of one who has in times less beclouded by poor and corrupt judgment served his country in high office as Secretary of Treasury, Deputy Secretary of the Navy and as Special Ambassador to Panama during the Panama Canal negotiations."[9]

Anderson died of throat cancer following his cancer surgery in New York City on August 14, 1989. He was buried in Rose Hill Cemetery in Cleburne, Texas.


  1. ^ Ambrose, Stephen E. (1990). Eisenhower: Soldier and President. Simon & Schuster. p. 501. ISBN 0-671-74758-4.
  2. ^ Remarks by Secretary of the Treasury, Robert B. Anderson, at Treasury-industry Top Management Meeting for Payroll Savings Program. 1960.
  3. ^ Ambrose, Stephen (September 28, 1984). Eisenhower the President. 4302: Simon & Schuster. ISBN 978-0671499013.CS1 maint: location (link)
  4. ^ Kapur et al, 1997, The World Bank: Its First Half Century, Volume 1, Washington DC: Brooklings Institution
  5. ^ "Foreign Relations of the United States, 1964–1968, Volume XIX, Arab-Israeli Crisis and War, 1967 – Office of the Historian". Retrieved 11 April 2018.
  6. ^ US Department of State diplomatic cables, 17 August 1977
  7. ^ "Award Covers Some Funds Lost by Ex-U.S. Treasurer". Los Angeles Times. 1989-05-30. ISSN 0458-3035. Retrieved 2019-06-05.
  8. ^ "Former Treasury Secretary Faces Prison : Robert B. Anderson, 76, Pleads Guilty to Tax Evasion, Bank Fraud". Los Angeles Times. 1987-03-27. ISSN 0458-3035. Retrieved 2019-06-05.
  9. ^ Matter of Anderson, 142 A.D.2d 498, 536 N.Y.S.2d 765 (January 12, 1989).

External links

Government offices
Preceded by
Dan A. Kimball
United States Secretary of the Navy
February 4, 1953 – March 3, 1954
Succeeded by
Charles S. Thomas
Political offices
Preceded by
Roger M. Kyes
United States Deputy Secretary of Defense
Succeeded by
Donald A. Quarles
Preceded by
George M. Humphrey
U.S. Secretary of the Treasury
Served under: Dwight D. Eisenhower

Succeeded by
C. Douglas Dillon
This page was last edited on 15 November 2019, at 00:52
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