This es our 63rd, Uear of Reliable Seraice W. E. Cooper Wholesale Lumber Company, Inc.

Charles M. Cooper

Jesse Jones, Fqmous Lumbermon qnd Finoncier, Dies in Housfon

Jesse H. Jones of Houston, Texas, famous lumberman, financier and government official, died June 1 at his home in that city. Born in Tennessee 82 years ago, he started his business career as manager of a retail lumber yard in Dallas. He moved to Houston, where he quickly built a great lumber business, with many retail yards and a big sawmill. Soon his financial genius began manifesting itself and his business interests spread like wildfire.

At the time of his death Jesse Jones still owned a string of lumber yards in Texas, a big yzrd under his own name in Houston, and more than 30 important business build- ings, including many skyscrapers, in various parts of the country. He owned three'Houston hotels and a variety of other interests there.

Ife was head of the RFC under lLoosevelt and made a huge success of lending government money to needy business. He loaned more than fifty billions of dollars for the government, with general success to both sides. He then served as Secretary of Commerce for several years. He was reckoned the greatest financial genius in the world at the time of his death,. He leaves only his wife. For the past ten years, Jesse Jones had been making grants of numerous kinds for education and benevolence, and had given away five million dollars in recent vears.