Who was Bernard Baruch?

Bernard M. Baruch (1870-1965) was an “elder statesman” and financier who advised every President from Woodrow Wilson to Lyndon Johnson. Baruch was born in Camden, SC and was the son of a doctor who served in the Civil War.

(Photo of Baruch courtesy of absoluteastronomy.com Baruch made his fortune on Wall Street and lived primarily in New York City but he maintained strong ties to South Carolina. In 1905, he purchased Hobcaw Barony, a plantation outside of Georgetown, SC which served as his hunting retreat and as a retreat for some of the world’s great statesmen such as Winston Churchill and Franklin Roosevelt. Baruch’s service to the country largely took the form of an informal advisor.

He was known as “the Park Bench Statesman” for his practice of meeting people on a park bench in Lafayette Park in Washington, across from the White House. He also traveled with President Wilson to the Paris Peace Conference after World War I. He also served as a member of Franklin Roosevelt’s “Brain ... more.

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