The Pittsburgh Press (October 10, 1940)
$76,000!
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That’s Salary Elliott Roosevelt Gives Up For Army Job
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Fort Worth, Tex., Oct. 10 (UP) –
Business associates revealed today that, to accept a captain’s commission in the Army Air Corps, Elliott Roosevelt gave up a radio income greater than his father’s $75,000 annual salary as President.
His salary as president of the Texas State Network was $24,000 a year and he received slightly more than $1,000 a week as radio commentator. The total income was $76,000 a year, G. T. Stanley, treasurer of the network, said.
Mrs. Roosevelt has been named president of the network, to serve without pay. Mrs. Roosevelt has moved with her husband to Dayton, Ohio, where he will serve one year as specialist in the Procurement Division at Wright Field.
Naturally, Mr. Roosevelt’s contract as radio commentator had to be canceled when he entered the Army. Also, when he resigned his active managerial duties, the salary was discontinued.
As an Army captain, Captain Roosevelt will receive $200 a month salary, plus $116 a month maintenance.
Mr. Stanley denied quotations attributed to him by a New York newspaper that Elliott tried to enlist in the Army by the ordinary procedure but was turned down because of a dependent wife and two children. Captain Roosevelt asserted several times that he had volunteered for any kind of service, but was ineligible for any commission lower than a captain because he is past 30 years old.