Robert B. Anderson

Anderson was born in Burleson, Texas on June 4, 1910, to Robert Lee Anderson and his wife Elizabeth Haskew "Lizzy" Anderson. He was a high school teacher prior to entering the University of Texas Law School, from which he graduated in 1932. He thereafter engaged in political, governmental, law and business activities in the state of Texas.

Upon leaving the University of Texas School of Law in 1932, Anderson soon became an Assistant Attorney General for the State of Texas where he worked in 1933-1934. By 1934, he moved onward to become a State of Texas Tax Commissioner.

By 1939-1940, Anderson pursued opportunities within the private sector; he and two other partners purchased the City of Austin-based KTBC radio station from the Texas Broadcasting Company. In 1943, not able to increase KTBC's broadcasting power from the Federal Communications Commission (FCC), the three partners sold KTBC to Lady Bird Johnson, wife of then-Representative and future President Lyndon B. Johnson.

Anderson married Ollie Mae Rawlins on April 10, 1935. The couple had two sons, Gerald Lee and James Richard. The Anderson family later moved to Cleburne, Texas. Ollie Anderson died in Greenwich, Connecticut of Alzheimer disease on May 31, 1987.

According the Seagraves, Anderson was with Douglas MacArthur and Edward Lansdale inspecting Philippine caves containing Yamashita's gold immediately after World War II ended.[2][3][lower-alpha 1] Ray Cline believes that both Robert Anderson and Paul Helliwell created 176 "black gold" banking accounts in 42 countries after moving the loot by ship to support future United States operations.[5][6][7]

During his time as Navy Secretary, he ended the last formal vestiges of racial segregation in the Navy and advocated the force levels and technological advances necessary to maintain a flexible defense strategy. In May 1954, Anderson left his Navy post to become Deputy Secretary of Defense. He received the Medal of Freedom in 1955. From 1957 to 1961, he served as Eisenhower's Secretary of the Treasury.

Eisenhower was particularly impressed by Anderson's abilities, believing him to be more than capable of being president himself, and named him as one of his leading choices to be his running mate in 1956 if Vice-President Richard Nixon have accepted Eisenhower's recommendation to leave the vice-presidency to serve as Secretary of Defense.[8] However, Nixon opted to remain on the ticket with Ike. As 1960 approached, although Eisenhower acknowledged that Nixon certainly had the Republican presidential nomination sewn up, Eisenhower privately pressed Anderson to enter the primaries and to challenge Nixon, but Anderson declined. Once Nixon was nominated, Eisenhower suggested that he select Anderson as his running mate, but Nixon chose Henry Cabot Lodge Jr. instead.

Eisenhower said Anderson "is just about the ablest man that I know, He would make a splendid President."[9]

In 1959, as Secretary of the Treasury, Anderson supported the creation of the International Development Association, after pressure from then-Senator Mike Monroney (D-Oklahoma).[10]

Robert Anderson was close to Sid Richardson and Clint Murchison who was very close to FBI Director J. Edgar Hoover. Many Texas oilmen including Clint Murchison, formerly a close associate of Lyndon Johnson, ended their relationships with Lyndon Johnson when Johnson became Vice President on John F. Kennedy's Presidential ticket in 1960 because Kennedy advocated tax reform on oil companies and their investments.[11][12][13][14]

After leaving office, Anderson was active in business, investment and banking affairs, and, during the 1960s, carried out diplomatic missions on behalf of President Lyndon B. Johnson, including many trips to Cairo to confer with Egyptian President Gamal Abdel Nasser in the wake of the 1967 Six-Day War.[15]

Anderson owned the Anderson group, where he had business interests in a number of international projects. Anderson was a director on the Hong Kong Resort Company board. He had a casino investment with Edward Wong Wing-cheung, founder of HKR.[16]

Anderson's career ended in personal suffering. He was hospitalized several times for alcoholism. He illegally operated the Commercial Exchange Bank of Anguilla, British West Indies, which had an unlicensed New York branch office. The bank lost $4.4 million and several investors lost their life savings in the mid 1980s including record producer Ethel Gabriel.[17] The bank also laundered large amounts of cash for drug traffickers. In 1987, Anderson pleaded guilty to criminal violations of the banking laws and to tax evasion, and was sentenced to prison.[18] The Supreme Court of New York Appellate Division, in disbarring Anderson from the practice of law, called his disbarment "a sad but we think necessary end to the legal career of one who has in times less beclouded by poor and corrupt judgment served his country in high office as Secretary of Treasury, Deputy Secretary of the Navy and as Special Ambassador to Panama during the Panama Canal negotiations."[19]

Anderson died of throat cancer following his cancer surgery in New York City on August 14, 1989. He was buried in Rose Hill Cemetery in Cleburne, Texas.

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Wikimedia Commons has media related to Robert Bernard Anderson.

• Papers of Robert B. Anderson, Dwight D. Eisenhower Presidential Library
• Robert B. Anderson at Find a Grave