Before he was President: Warren Harding

Warren Harding, 1921-1923 newspaper editor
Harding came from a newspaper family, learning the ins and outs of his fatherís business beginning when he was 10 years old. He studied the newspaper trade in college and, after dabbling in teaching, insurance and the law, dove into the business full time. With partners, he cobbled together $300.00 to buy the Marion Daily Star in Ohio. He owned the paper outright by the time he was 21.Owning a business wore Harding down. At 24, he suffered a nervous breakdown and spent several weeks in a sanitarium in Battle Creek, Michigan., owned by the local Kellogg Brothers, (owned by John Harvey Kellogg and his brother, W. K. Kellogg, (who later created corn flakes). He pursued his business aggressively. In 1923, the year he died, Harding sold his paper for $550,000. In todayís dollars, thatís about $7 million. Source

Calvin Coolidge, 1923-1929 toymaker
Only once was Calvin ever in trouble in school. Perhaps out of sympathy for the other boys who were in trouble, Calvin cut the switch, used for whipping the bad boys, just enough so it would immediately break the next time it was used for punishment! When Calvin was 13 he passed a qualification test that would allow him to be a teacher, however, his father sent him to Black River Academy to continue his education.

The academy didn't charge local residents any tuition, however, since Calvin was from out of town he had to pay 50 cents per week to take all of the basic courses. One semester later when he signed up for more difficult courses he was required to pay 60 cents per week. Perhaps to defray the costs of his education, he took a part-time weekend job making doll carriages at the Ludlow Toy Manufacturing Company.

Herbert Clark Hoover, 1929-1933 Geologist/engineer
Before the U.S. economy began to fail, Hoover succeeded in the business world. He worked as an engineer and invented a new process to extract zinc that was lost to the mining process. He started the Zinc Corp. in the early part of the 20th century, and it later became part of a larger corporation. Source

More stories: Duncan Hines   George Washington   Thomas Jefferson   Benjamin Franklin   James Garfield   Harry Truman   Henry Ford

About Sitemap Press Releases Privacy Policy Advertising On The Web Job Fairs Contact
The Quarter Roll is published to provide personal insights and opinions on everyday ways of saving and managing money, budgeting, and reducing debt. The Quarter Roll does not give professional accounting, legal, or investing counsel. The ideas, examples, and advice presented on this site are solely the opinion of the authors based on his or her personal experiences. All photos courtesy of The Quarter Roll, iStockphoto, or Dreamstime. © All rights reserved. This site is best viewed when using Adobe Flash Player. the quarter roll magazine financial entertainment