Franklin D. Roosevelt’s Minor Investment

Franklin D. Roosevelt (left) and Jesse H. Jones (right)

In 1940, Franklin D. Roosevelt issued a memorandum titled “F.D.R. miscellany (memorandum in F.D.R.L.)” to his Federal Loan Administrator Jesse H. Jones regarding a minor investment — in horse racing:

roosevelt minor investment.png


Elliot Roosevelt (Editor) (1950). F.D.R: His Personal Letters 1928-1945.


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My name Edmark M. Law. I work as a freelance writer, mainly writing about science and mathematics. I am an ardent hobbyist. I like to read, solve puzzles, play chess, make origami and play basketball. In addition, I dabble in magic, particularly card magic and other sleight-of-hand type magic. I live in Hong Kong. You can find me on Twitter` and Facebook. My email is

5 thoughts on “Franklin D. Roosevelt’s Minor Investment

  1. I can’t hear the name of Jesse H. Jones without thinking of the Texas Medical Center library, housed in the Jesse H. Jones building. Jones provided the funding not only for that building, but for several others in the Houston area.

    Liked by 1 person

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