Brent Spence
Encyclopedia
Brent Spence a native of Newport, Kentucky
Newport, Kentucky
Newport is a city in Campbell County, Kentucky, United States, at the confluence of the Ohio and Licking rivers. The population was 15,273 at the 2010 census. Historically, it was one of four county seats of Campbell County. Newport is part of the Greater Cincinnati, Ohio Metro Area which...

, was a long time Democratic
Democratic Party (United States)
The Democratic Party is one of two major contemporary political parties in the United States, along with the Republican Party. The party's socially liberal and progressive platform is largely considered center-left in the U.S. political spectrum. The party has the lengthiest record of continuous...

 Congressman, attorney
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...

, and banker from Northern Kentucky
Northern Kentucky
Northern Kentucky is the name often given to the northernmost counties in Kentucky...

.

Spence was born in Newport, Kentucky
Newport, Kentucky
Newport is a city in Campbell County, Kentucky, United States, at the confluence of the Ohio and Licking rivers. The population was 15,273 at the 2010 census. Historically, it was one of four county seats of Campbell County. Newport is part of the Greater Cincinnati, Ohio Metro Area which...

 to Philip and Virginia (Berry) Spence. He was graduated from the University of Cincinnati
University of Cincinnati
The University of Cincinnati is a comprehensive public research university in Cincinnati, Ohio, and a part of the University System of Ohio....

 in 1894 with a degree in law and was admitted to the bar that same year. He married Ida Bitterman on September 6, 1919.

He was very active in local and state politics, serving first in the Kentucky Senate
Kentucky Senate
The Kentucky Senate is the upper house of the Kentucky General Assembly. The Kentucky Senate is composed of 38 members elected from single-member districts throughout the Commonwealth. There are no term limits for Kentucky Senators...

, 1904-1908, then as city solicitor of Newport, 1916-1924. In 1930 he was elected to the U.S. House of Representatives from the 6th District; he held this position from March 4, 1931 until January 3, 1963 when illness forced him to retire. Spence, was at the time of his retirement, one of the oldest members to serve in the House.

Spence chaired the U.S. House Banking and Currency Committee (1943-1963, except for four years when Republicans controlled Congress). He was a delegate to the 44-nation Bretton Woods Conference in 1944, to promote fair commerce. This led to creating the International Monetary Fund and Bank
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

, and Spence's sponsoring legislation in Congress. Spence was a strong supporter of the New Deal
New Deal
The New Deal was a series of economic programs implemented in the United States between 1933 and 1936. They were passed by the U.S. Congress during the first term of President Franklin D. Roosevelt. The programs were Roosevelt's responses to the Great Depression, and focused on what historians call...

 and the Fair Deal
Fair Deal
The Fair Deal was the term given to an ambitious set of proposals put forward by United States President Harry S. Truman to the United States Congress in his January 1949 State of the Union address. The term, however, has also been used to describe the domestic reform agenda of the Truman...

. During President Roosevelt's
Franklin D. Roosevelt
Franklin Delano Roosevelt , also known by his initials, FDR, was the 32nd President of the United States and a central figure in world events during the mid-20th century, leading the United States during a time of worldwide economic crisis and world war...

 administration, he supported the Agricultural Adjustment Act
Agricultural Adjustment Act
The Agricultural Adjustment Act was a United States federal law of the New Deal era which restricted agricultural production by paying farmers subsidies not to plant part of their land and to kill off excess livestock...

, the National Industrial Recovery Act
National Industrial Recovery Act
The National Industrial Recovery Act , officially known as the Act of June 16, 1933 The National Industrial Recovery Act (NIRA), officially known as the Act of June 16, 1933 The National Industrial Recovery Act (NIRA), officially known as the Act of June 16, 1933 (Ch. 90, 48 Stat. 195, formerly...

, the Social Security Act, and the Reconstruction Finance Corporation
Reconstruction Finance Corporation
The Reconstruction Finance Corporation was an independent agency of the United States government, established and chartered by the US Congress in 1932, Act of January 22, 1932, c. 8, 47 Stat. 5, during the administration of President Herbert Hoover. It was modeled after the War Finance Corporation...

.

Altogether Spence was a quiet man, who was not a good public speaker. However, he was known for his impartial leadership and could get critical legislation passed. His background in banking is credited for leading him to sponsor the Export-Import Federal Deposit Insurance Act, which doubled insured savings accounts from $5,000 to $10,000.

The Brent Spence Bridge
Brent Spence Bridge
The Brent Spence Bridge is a double decker cantilever truss bridge that carries Interstates 71 and 75 across the Ohio River between Covington, Kentucky and Cincinnati, Ohio. The top deck carries southbound traffic while the bottom deck carries northbound traffic. It is arguably the most important...

 of I-75/I-71 which crosses the Ohio River
Ohio River
The Ohio River is the largest tributary, by volume, of the Mississippi River. At the confluence, the Ohio is even bigger than the Mississippi and, thus, is hydrologically the main stream of the whole river system, including the Allegheny River further upstream...

 at Covington, Kentucky
Covington, Kentucky
-Demographics:As of the census of 2000, there were 43,370 people, 18,257 households, and 10,132 families residing in the city. The population density was 3,301.3 people per square mile . There were 20,448 housing units at an average density of 1,556.5 per square mile...

 is named for him. He and his wife resided in Fort Thomas, Kentucky
Fort Thomas, Kentucky
Fort Thomas is a city in Campbell County, Kentucky, on the southern bank of the Ohio River and the site of an 1890 US Army post. The population was 16,325 at the 2010 census, making it the largest city in Campbell County and it is officially part of the Cincinnati – Northern Kentucky metropolitan...

 at the time of his death. His funeral service was at St. Paul's Episcopal Church, Newport, where he was a lifetime memberhttp://kentucky.gov/kyhs/hmdb/MarkerSearch.aspx?mode=County&county=19, then buried in Evergreen Cemetery (Southgate, Kentucky)
Evergreen Cemetery (Southgate, Kentucky)
Evergreen Cemetery is the largest cemetery in Campbell County, Kentucky. It is still in operation and is located at 25 Alexandria Pike in Southgate, Kentucky. The Cemetery was begun in the 1840s, to replace the Newport, Cemetery...

.

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