Elgin Earl Groseclose (25 November 1899 – 7 April 1983) was an American economist, statesman, and author.

Early life

Elgin Groseclose was born in 1899 in

Waukomis, Oklahoma Waukomis is a town in Garfield County, Oklahoma, United States. The population was 1,286 at the 2010 census, an increase of 2.0 percent from 1,261 in 2000. References External linksWaukomis Public Schools {{authority control Towns in Garfi ...

Career

After working as special assistant to

Arthur Millspaugh Arthur Chester Millspaugh, PhD, (1883–1955) was a former adviser at the U.S. State Department’s Office of the Foreign Trade, who was hired to re-organize the Finance Ministry of Iran from 1922–1927 and 1942-1945. With his help, Iran became ...

's economic mission in

Persia Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

, he was appointed Treasurer-General of Persia by the order of the

parliament of Iran The Islamic Consultative Assembly ( fa, مجلس شورای اسلامی, Majles-e Showrā-ye Eslāmī), also called the Iranian Parliament, the Iranian Majles (Arabicised spelling Majlis) or ICA, is the national legislative body of Iran. The Pa ...

in 1943. He also headed the ''Persian Relief Commission'' and wrote a book entitled ''Introduction to Iran''. Groseclose was the author of many books. For ''Ararat'', an adventure novel set in

Armenia Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ' ...

, he won a

National Book Award The National Book Awards are a set of annual U.S. literary awards. At the final National Book Awards Ceremony every November, the National Book Foundation presents the National Book Awards and two lifetime achievement awards to authors. The Nat ...

as the Bookseller Discovery of 1939, voted by members of the American Booksellers Association. The annual Discovery identified "outstanding merit which failed to receive adequate sales and recognition"."1939 Book Awards Given by Critics: Elgin Groseclose's 'Ararat' is Picked as Work Which Failed to Get Due Recognition", ''The New York Times'', February 14, 1940, page 25. ProQuest Historical Newspapers The New York Times (1851-2007). Groseclose was the co-founder of Groseclose, Williams and Associates, a consulting firm in

Washington D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, Na ...

He testified before the

United States House of Representatives The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they ...

in favor of the

silver standard The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. Silver was far more widespread than gold as the monetary standard worldwide, from the Sumerians 3000 BC until 1873. Following ...

and against foreign aid. Groseclose served as the president of the Washington City Bible Society.

Personal life and death

With his wife Louise, he had four daughters, Jane, Nancy, Hildegarde, and Suzy. He died on April 7, 1983.

Books

Economics & History

* ''Introduction to Iran'' (1947) * ''Money: The Human Conflict'' (1934) ** 2nd–4th editions retitled ''Money and Man

(1961, 1967, 1976) * ''Fifty Years of Managed Money: The Story of the Federal Reserve'' (1966) ** 2nd edition retitled ''America's Money Machine: The Story of the Federal Reserve

(1980)

Novels

* ''The Persian Journey of the Reverend Ashley Wishard and His Servant Fathi'' (1937) * ''Ararat'' (1939, National Book Award, American Booksellers Award, Foundation for Literature Award) * ''The Firedrake'' (1942) * ''The Carmelite'' (1955) * ''The Scimitar of Saladin'' (1956) * ''The Kiowa'' (1978) * ''Olympia'' (1980)

Autobiography

* ''Never a Blare of Trumpets'' ( )

Institute for Monetary Research Monographs

* ''Post-War Near Eastern Monetary Standards'' (1944) * ''The Decay of Money'' (1962) * ''Money, Man and Morals'' (1963) * ''Silver as Money'' (1965) * ''The Silken Metal – Silver: Past, Present, Prospective'' (1975)

References

*Lorentz, J. ''Historical Dictionary of Iran''. 1995. 20th-century American economists American male non-fiction writers American expatriates in Iran National Book Award winners 1899 births 1983 deaths 20th-century American male writers {{US-economist-stub