Henry A. Wallace
Henry A. Wallace
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Henry A. Wallace

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Henry A. Wallace

Henry Agard Wallace (October 7, 1888 – November 18, 1965) was the 33rd vice president of the United States, serving from 1941 to 1945, under President Franklin D. Roosevelt. He served as the 11th U.S. secretary of agriculture and the 10th U.S. secretary of commerce. He was the nominee of the new Progressive Party in the 1948 presidential election.

The oldest son of Henry C. Wallace, who served as U.S. Secretary of Agriculture from 1921 to 1924, Wallace was born in rural Iowa in 1888. After graduating from Iowa State University in 1910, he worked as a writer and editor for his family's farm journal, Wallaces' Farmer. He also founded the Hi-Bred Corn Company, a hybrid corn company that became extremely successful. Wallace displayed intellectual curiosity about a wide array of subjects, including statistics and economics, and explored various religious and spiritual movements, including Theosophy. After his father's death in 1924, Wallace drifted away from the Republican Party; he supported Democratic nominee Franklin D. Roosevelt in the 1932 presidential election.

Wallace served as Secretary of Agriculture under Roosevelt from 1933 to 1940. He strongly supported the New Deal and presided over a major shift in federal agricultural policy, implementing measures designed to curtail agricultural surpluses and to ameliorate rural poverty. Roosevelt overcame strong opposition from conservative leaders in the Democratic Party and had Wallace nominated for vice president at the 1940 Democratic National Convention. The Roosevelt–Wallace ticket won the 1940 presidential election. At the 1944 Democratic National Convention, conservative party leaders defeated Wallace's bid for renomination, placing Missouri Senator Harry S. Truman on the Democratic ticket instead. In early 1945, Roosevelt appointed Wallace as Secretary of Commerce.

Roosevelt died in April 1945 and Truman succeeded him as president. Wallace continued to serve as Secretary of Commerce until September 1946, when he was fired by Truman for delivering a speech urging conciliatory policies toward the Soviet Union. Wallace and his supporters then established the nationwide Progressive Party and launched a third-party campaign for president. The Progressive platform called for conciliatory policies toward the USSR, desegregation of public schools, racial and gender equality, a national health-insurance program, and other left-wing policies. Accusations of communist influence followed, and Wallace's association with controversial Theosophist figure Nicholas Roerich undermined his campaign; he received just 2.4% of the popular vote. Wallace broke with the Progressive Party in 1950 over the Korean War, and in a 1952 article he called the Soviet Union "utterly evil". Turning his attention back to agricultural innovation, he became a highly successful businessman. He specialized in developing and marketing hybrid seed corn and improved chickens before his death in 1965 of amyotrophic lateral sclerosis.

Henry Agard Wallace was born on October 7, 1888, on a farm near Orient, Iowa, to Henry Cantwell Wallace and his wife, Carrie May Brodhead. Wallace had two younger brothers and three younger sisters. His paternal grandfather, "Uncle Henry" Wallace, was a prominent landowner, newspaper editor, Republican activist, and Social Gospel advocate in Adair County, Iowa. Uncle Henry's father, John Wallace, was an Ulster-Scots immigrant from the village of Kilrea in County Londonderry, Ireland, who arrived in Philadelphia in 1823. May (née Broadhead) was born in New York City but was raised by an aunt in Muscatine, Iowa, after her parents' death.

Wallace's family moved to Ames, Iowa, in 1892 and to Des Moines, Iowa, in 1896. In 1894, the Wallaces established an agricultural newspaper, Wallaces Farmer. It became extremely successful and made the family wealthy and politically influential. Wallace took a strong interest in agriculture and plants from a young age, when his father, a professor of dairying at Iowa State Agricultural College, invited his student, African-American botanist George Washington Carver, to stay with them in the Wallace home, since Carver was barred from college housing because of his race. In gratitude, Carver took the young Henry Wallace under his wing, giving him tutorials after school on botany and plant breeding. Wallace was particularly interested in corn, Iowa's key crop. In 1904, he devised an experiment that disproved agronomist Perry Greeley Holden's assertion that the most aesthetically pleasing corn would produce the greatest yield. Wallace graduated from West High School in 1906 and enrolled in Iowa State College later that year, majoring in animal husbandry. He joined the Hawkeye Club, a fraternal organization, and spent much of his free time continuing to study corn. He also organized a political club to support Gifford Pinchot, a Progressive Republican who was head of the United States Forest Service.

Wallace became a full-time writer and editor for Wallace's Farmer after graduating from college in 1910. He was deeply interested in using mathematics and economics in agriculture and learned calculus as part of an effort to understand hog prices. He also wrote an influential article with pioneering statistician George W. Snedecor on computational methods for correlations and regressions. After his grandfather died in 1916, Wallace and his father became the coeditors of Wallace's Farmer. In 1921, Wallace assumed leadership of the paper after his father accepted an appointment as Secretary of Agriculture under President Warren G. Harding. His uncle lost ownership of the paper in 1932 during the Great Depression, and Wallace stopped serving as editor in 1933.

In 1914, Wallace and his wife, Ilo Browne, purchased a farm near Johnston, Iowa; they initially attempted to combine corn production with dairy farming, but later turned their full attention to corn. Influenced by Edward Murray East, Wallace focused on producing hybrid corn, developing a variety called Copper Cross. In 1923, he reached the first-ever contract for hybrid seed production, agreeing to grant the Iowa Seed Company the sole right to grow and sell Copper Cross corn. In 1926, he co-founded the Hi-Bred Corn Company to develop and produce hybrid corn. It initially turned only a small profit, but eventually became a massive financial success.

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