Bernard, Baruch Dies At 94

Press, Volume CIV, Issue 30783, 22 June 1965, Page 15

Bernard, Baruch Dies At 94

(N Z.P.A.-Reuter—Copyright >

NEW YORK, June 21. Bernard Baruch, adviser to seven United States Presidents and the man who made a million dollars on the stock market before he was 30, died of a heart attack in his Manhattan home last night. He was 94.

He was a life-long friend of Sir Winston Churchill. Mr Baruch’s role of elder statesman brought him fame in many parts of the world.

Serving as a United States delegate to the United Nations after the war he developed a plan for the control of atomic energy. At this time only the United .States had the atom bomb. But the Soviet Union rejected the plan. He had the job of marshalling the United States men and material resources in World War I. Mr Baruch was born on August 19, 1870, at Camden, South Carolina, the second son

of a Jewish immigrant doctor from East Prussia and the daughter of an aristocratic southern family. His father was a surgeon in the Southern “rebel” army. He was a broker’s office boyon Wall street after graduating from university in New York in 1889. He was first called to Washington in 1916 by President Woodrow Wilson and charged with mobilising materials and men for national defence. He counselled six other presidents of both parties— Warren G. Harding, Calvin Coolidge, Herbert Hoover, Franklin D. Roosevelt Harry S. Truman and Dwight D. Eisenhower.