John Milton Hancock

John Milton Hancock (February 2, 1883 – September 25, 1956) was an American Navy officer, interim-manager and Wall Street banker.

A 1950 newspaper article recalled, that "it was thirty below zero the February 2, 1883, that John Milton Hancock was born in Emerado... by the light of a kerosene lamp.

In the last five years before World War I Hancock served Navy yards back in the States in Boston, Philadelphia, and Puget Sound, and returned to the Philippines to the Naval Base Cavite.

He designed a system based on commodity sections: estimates were made to reflect as closely as possible the Navy’s material needs, and contact was maintained with the country’s industries.

The Navy's newly legalized authority to award contracts based on profitability prompted the War Industries Board to form a price-fixing committee, of which Hancock was a member.

From April to August 1917, he served on the General Munitions Board, and in 1919 accompanied Franklin D. Roosevelt, then Assistant Secretary of the Navy, to dispose of accumulated naval equipment overseas.

In 1942 he had done a government survey of the rubber industry with Bernard Baruch, and in 1946 again joined him as general manager of the U.S. Delegation to the United Nations Atomic Energy Commission.

Hancock, c. 1917–1918