from the August 4, 1993 issue of The Country Chronicle
Norwich, VT – G. Walter Woodworth, the Leon E. Williams Professor of Finance and Banking Emeritus at Dartmouth’s Amos Tuck School of Business Administration, died Friday, July 16 in Norwich after a long illness. He was 90.
An authority on money, finance and banking, Professor Woodworth began his teaching career in 1925 as an instructor of economics at the University of Michigan. In 1930 he joined the Tuck School faculty as assistant profefssor of finance, and was promoted to full professor in 1938, teaching at Tuck until 1952. From 1952-59 he was a professor of finance at the University of Michigan, and 1959-1962 served as the F.M. Bailey Professor of Finance and Banking at the University of Illinois.
He returned to the tuck School from 1962-1968 as the Williams Professor of Finance and Banking, and concluded his teaching career as a visiting professor of banking and finance at the University of Oregon in 1969-70. Woodworth was born on March 1, 1903 in Delphos, Kansas. He was elected to Phi beta Kappa honor sociery and received a bachelor’s degree from Kansas Wesleyan University in 1924; he also earned a master’s degree from the University of Kansas in 1925 and a doctorate from the University of Michigan in 1932.
In 1950, Woodworth received an honorary doctor of business administration degree from Kansas Wesleyan. He married the former Elizabeth (Betty) Cunningham on Sept. 4, 1926 in Mankato, Kansas. The Woodworths supported a foster child in the Philippines, Jonathan Sanchez; Woodworth was also the long time guardian of George Sampson, who lived in the Woodworth’s home. Active in community and civic affairs in Hanover and Norwich, Woodworth was the senior member of the Hanover Rotary Club and in 1992 became a Paul Harris Fellow of Rotary International.
He was a member of the finance committee, the board of directors and chairman of the Norwich Development Association; and was a trustee of The Dartmouth Savings Bank. He was a longtime member of the Norwich Congregational Church. He was a member of the American Finance Association, serving on its board of directors in 1957-58, and of the American Economic Association. He served as public interest director of the Federal Home Loan Bank of Boston in 1951-52.
Among his publications are four books: Principles of Money and Banking (1937); The Monetary and Banking System (1950); The Detroit Money Market (1956) and The Money Market and Monetary Management (1965). Woodworth is survived by his wife, of Norwich; and a sister, Helen Schopp, of San Luis Obispo, Calif. Memorial contributions may be made to the Norwich Congregational Church.