Early Career
After completing his graduate studies, Wells took employment as a field secretary for the Indiana Bankers Association where he worked from 1928 to 1931. As part of his work at the IBA, Wells travelled to all 92 counties in Indiana, working closely with bankers to conduct his research and organize bankers' lobbying and anti-crime groups. Wells' work for Indiana had a major impact on the rewriting of the state's banking laws. In 1931, Wells headed the research operations of the official Study Commission for Indiana Financial Institutions, which recommended far-reaching changes to Indiana's financial regulatory structures, many of which were adopted by the General Assembly in 1933. In 1933, Wells took leave from his recent appointment as an assistant professor at Indiana University to work as supervisor of the Division of Banks and Trust Companies and the Division of Research and Statistics in the newly created Indiana Department of Financial Institutions, an agency with origins in the Study Commission's recommendations.
Read more about this topic: Herman B Wells
Famous quotes containing the words early and/or career:
“In early times every sort of advantage tends to become a military advantage; such is the best way, then, to keep it alive. But the Jewish advantage never did so; beginning in religion, contrary to a thousand analogies, it remained religious. For that we care for them; from that have issued endless consequences.”
—Walter Bagehot (1826–1877)
“Whether lawyer, politician or executive, the American who knows what’s good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)