Arsène Pujo

Arsène Pujo
Member of the U.S. House of Representatives from Louisiana's 7th District
In office March 4, 1903 – March 3, 1913
Preceded by	None
Succeeded by	Ladislas Lazaro
Personal details
Born	(1861-12-16)December 16, 1861 Lake Charles, Calcasieu Parish, Louisiana
Died	December 31, 1939(1939-12-31) (aged 78) New Orleans, Louisiana
Political party	Democratic

Arsène Paulin Pujo (born in Lake Charles, Louisiana, 1861; died 1939), was a member of the United States House of Representatives best known for chairing the "Pujo Committee", which sought to expose an anticompetitive conspiracy among some of the nation's most powerful financial interests (trusts).

Biography

Pujo practiced law in Louisiana, and was elected as a Democrat in 1903. In 1908, he became a member of the National Monetary Commission, a body which sought to study foreign banking systems in search of ways to better the domestic banking system. In 1911, he was appointed to chair the House Committee on Banking and Currency. In 1912, he left the National Monetary Commission and obtained congressional authorization to form a separate committee, which came to be called the Pujo Committee, to investigate the "money trust".

The Pujo Committee found that a cabal of financial leaders were abusing their public trust to consolidate control over many industries. Although Pujo left Congress in 1913, the findings of the committee inspired public support for ratification of the Sixteenth Amendment in 1913, passage of the Federal Reserve Act that same year, and passage of the Clayton Antitrust Act in 1914. They were also widely publicized in the Louis Brandeis book, Other People's Money and How the Bankers Use It.

While still a Congressman Pujo worked as a lumber company lawyer and helped suppress an IWW timber workers strike in 1912. Although the coroner charged the Galloway Lumber Company of Grabow, Louisiana with murder for shooting and killing three union strikers on July 7, 1912, the grand jury refused to indict and instead charged 58 union members with first degree murder. Pujo helped prosecute 9 but the jury returned a dismissal after 1 hour of deliberation and the remaining defendants were released. (Perlman and Taft, p. 246)

References

• Perlman, Selig and Philip Taft. History of Labor in the United States, 1896-1932. Volume IV Labor Movements. MacMillan: NY, 1935. 683 pp.
• The American Pageant 11th Edition by Thomas A. Bailey, David M. Kennedy, and Lizabeth Cohen; copyright 1998
• Arsène Pujo, Biographical Directory of the United States Congress

Chairmen of the United States House Committee on Financial Services Pomeroy Garfield Hooper Maynard Cox Buckner Crapo Buckner Curtin Wilkins Dorsey Bacon Springer Walker Brosius Fowler Vreeland Pujo Glass Phelan Platt McFadden Steagall Spence Wolcott Spence Wolcott Spence Patman Reuss St. Germain Gonzalez Leach Oxley Frank Bachus Hensarling

Members of the U.S. House of Representatives from Louisiana 1st district E. Livingston White Johnson White Slidell Sére St. Martin Dunbar Eustis Bouligny Sypher Lawrence Gibson Hunt St. Martin Wilkinson Meyer Estopinal O'Connor Fernández Hébert Tonry R. Livingston Vitter Jindal Scalise 2nd district Gurley Thomas Ripley Chinn Dawson la Branche Thibodeaux Conrad Bullard J.A. Landry Hunt Taylor Mann Sheldon Ellis Hahn Wallace Lagan Coleman Lagan Davey Buck Davey Gilmore Dupré Spearing Maloney T.H. Boggs Maloney T.H. Boggs L. Boggs Jefferson Cao Richmond 3rd district Brent Overton Bullard Garland Moore Dawson Harmanson Penn Perkins Davidson Newsham Darrall Acklen Darrall Kellogg Gay Price Broussard Martin Montet Mouton Domengeaux Willis Caffery Treen Tauzin Melancon J.M. Landry Boustany 4th district Bossier Morse Moore Jones Sandidge Landrum Vidal Newsham McCleery Boarman Smith Levy Elam Blanchard Ogden Breazeale Watkins Sandlin Brooks Waggonner Leach Roemer McCrery Fields McCrery Fleming 5th district Blackburn Morey Spencer Leonard Young King Newton Boatner Baird Ransdell Elder Wilson Mills McKenzie Passman Huckaby McCrery Cooksey Alexander McAllister Abraham 6th district Nash E. Robertson Lewis Irion E. Robertson S. Robertson Favrot Wickliffe Morgan Sanders, Sr. Favrot Kemp Sanders, Jr. Griffith Sanders, Jr. Morrison Rarick Moore Baker Cazayoux Cassidy Graves 7th district Pujo Lazaro De Rouen Plauche Larcade Thompson Edwards Breaux Hayes John Boustany 8th district Aswell Overton Dear Allen Doc McSween G. Long S. Long G. Long C. Long Holloway At-large Robertson Butler Johnston Sheridan Territory Clark Poydras