Editing Charles G. Dawes (section)

===Court of St. James's and the RFC===
After Dawes completed his term as vice president, he served as the [[U.S. Ambassador to the United Kingdom]] (known formally as the [[Court of St. James's]]) from 1929 to 1931.<ref>{{Cite book|last=Dunlap|first=Annette B.|title=Charles Gates Dawes: a Life|pages=221–44}}</ref> Overall, Dawes was an effective ambassador, as [[George V]]'s son, the future [[Edward VIII]], later confirmed in his memoirs.{{Citation needed|date=October 2009}} Dawes was rather rough-hewn for some of his duties, disliking presenting American débutantes to the King. On his first visit to the royal court, in deference to American public opinion, he refused to wear the customary Court dress, which then included knee breeches. This episode was said to upset the King, who had been prevented by illness from attending the event.

As the [[Great Depression]] continued to ravage the US, Dawes accepted President [[Herbert Hoover]]'s appeal to leave diplomatic office and head the newly created [[Reconstruction Finance Corporation]] (RFC). After a few months, Dawes resigned from the RFC. As chairman of the failing Central Republic Bank and Trust Company of Chicago, he felt obligated to work for its rescue. Political opponents alleged that, under Dawes's leadership, the RFC had given preferential treatment to his bank. This marked the end of Dawes's career in public service. For the [[1932 United States presidential election|1932 election]], Hoover considered the possibility of adding Dawes to the ticket in place of Curtis, but Dawes declined the potential offer.<ref name="witcover">{{cite book|last1=Witcover|first1=Jules|title=The American Vice Presidency|date=2014|publisher=Smithsonian Books|page=296}}</ref>

Later in 1932, Dawes and associates formed the City National Bank and Trust Co. to take over the deposits of the failed Central Republic Bank and Trust Company.<ref>{{Cite web|url=https://www.nytimes.com/1932/10/07/archives/dawess-new-bank-opens-in-chicago-city-national-and-trust-has.html|title=Dawes's New Bank Opens in Chicago; City National and Trust Has $4,000,000 Capital and $1,000,000 Surplus. In Old Bank's Offices Institution Formed by Taking Over Some Departments of Central Republic|date=October 7, 1932|work=The New York Times}}</ref> In 1936, Republican congressional leaders informally approached Dawes about the possibility of heading up their presidential ticket at [[1936 United States presidential election|that year's presidential election]], hoping for a candidate associated with the prosperous Coolidge years, but Dawes had no interest in returning to front-line politics; the (ultimately unsuccessful) ticket would instead be headed by [[Alf Landon]].<ref name="witcover"/>