George Peek

George Nelson Peek (November 19, 1873 – December 17, 1943) was an American agricultural economist, business executive, and civil servant.

[4][7] In 1919, he left Deere & Co. and became president of the Moline Plow Company, where he earned the relatively large salary of $100,000 a year.

[9] Peek and Johnson became strong advocates of the McNary–Haugen Farm Relief Bill, proposed federal legislation which would have established the first national system of price supports for agriculture.

[12] Wallace installed Jerome Frank, a liberal young lawyer whom Peek loathed, as the AAA's general counsel.

It established marketing programs designed to increase the purchase of American agricultural products overseas.

[12] When the Commodity Credit Corporation was established in the early fall of 1933, Roosevelt refused to make it part of the AAA out of concern for Peek's attitudes.

[12] In early December 1933, while Wallace was out of town, Peek announced a marketing program designed to sell American butter in Europe at rates below the national domestic price.

[12] One reporter called the forced resignation "the coolest political murder that has been committed since Roosevelt came into office.

He clashed repeatedly with US Secretary of State Cordell Hull over a series of reciprocal trade agreements in 1935,[18] and resigned from the bank on December 2, 1935.

George Nelson Peek on the cover of Time magazine on Nov 6, 1933