Gates, Artemus Lamb 1895-1976

GATES, LAMB, DAVISON

Posted By: Michael Kearney (email)
Date: 8/16/2002 at 22:59:51

The History of Clinton 1976 The Almanac p. 536 Gates, Artemus Lamp, born on Nov. 3, 1895, in Cedar Rapids, son of Marvin S. and Emma Rena Lamb Gates; educated Clinton schools until 1910, Hotchkiss School until 1914, and Yale University (BA 1918, MA 1942); married Alice T. Davison; two adopted daughters; died June 14, 1976, on Long Island, N.Y., after a lengthy illness. In 1919, after illustrious service in World War I (see The History), Gates joined Liberty National Bank in New York. Several years later it merged with New York Trust. In 1929 at the age of 33, he became one of the nation's youngest bank presidents. In 1941, President Franklin D. Roosevelt appointed Gates to the post of assistant secretary of the Navy for air. In July 1945, President Truman named him under secretary of the Navy, in which post he served until December 1945. In accepting Gate's resignation from the government service, President Truman wrote, "You have earned the right to return to private pursuits...it was under your direction that the naval air arm played a major role...in the Atlantic...and in driving to ultimate victory in the Pacific..." Upon his return to private life, Gates opened offices at 110 E. 57th St., New York city, serving as consultant. He served as a director of Time, Inc., Union Pacific Railroad Co., and as a trustee of the Mutual Life Insurance Co. He also served as a director of the Boeing Co., Middle South Utilities, Inc., Safeway Stores, Abercrombie & Fitch Co., and Servo Corp.