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Tibor Kállay de Nagykálló (6 January 1881 – 24 May 1964) was a Hungarian politician, who served as
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
between 1921 and 1924.


Career

He studied in the
University of Budapest A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, th ...
(today: ''Eötvös Loránd University''). In autumn 1919 he served as state secretary of the Ministry of Foreign Affairs and as chairman of the Liquidating Office, which made the financial separation and the economic rehabilitation of
Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
,
Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the ...
and the succession states (for example
Romania Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and ...
and
Czechoslovakia , rue, Чеськословеньско, , yi, טשעכאסלאוואקיי, , common_name = Czechoslovakia , life_span = 1918–19391945–1992 , p1 = Austria-Hungary , image_p1 ...
) after the
Austro-Hungarian Monarchy Austria-Hungary, often referred to as the Austro-Hungarian Empire,, the Dual Monarchy, or Austria, was a constitutional monarchy and great power in Central Europe between 1867 and 1918. It was formed with the Austro-Hungarian Compromise of ...
's disintegration. Kállay was appointed Minister of Finance in 1921. His major task was the keeping of state budget's balance. In 1922 he became a member of the
Diet of Hungary The Diet of Hungary or originally: Parlamentum Publicum / Parlamentum Generale ( hu, Országgyűlés) became the supreme legislative institution in the medieval kingdom of Hungary from the 1290s, and in its successor states, Royal Hungary and ...
. From May 1923 he was the leader of the
League of Nations The League of Nations (french: link=no, Société des Nations ) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference that ...
' financial negotiations. On 20 February 1924 he asked an authority of the parliament onto the uptake of a forced loan. The Parliament voted it down, and Kállay resigned. In 1926 he organized the Civil Unit Club. He campaigned for the secrecy of the franchise in the next year. He left the Unity Party in 1928, later represented his constituency as an independent MP until 1935.


References


Magyar Életrajzi Lexikon
1881 births 1964 deaths Politicians from Budapest Finance ministers of Hungary
Tibor Tibor is a masculine given name found throughout Europe. There are several explanations for the origin of the name: * from Latin name Tiberius, which means "from Tiber", Tiber being a river in Rome. * in old Slavic languages, Tibor means "sacred pl ...
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