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Benjamin Strong Jr. (December 22, 1872 – October 16, 1928) was an American banker. He served as Governor of the Federal Reserve Bank of New York for 14 years until his death. He exerted great influence over the policy and actions of the entire Federal Reserve System and indeed over the financial policies of all of the United States ...
Learn about the life and legacy of Benjamin Strong Jr., the first president of the New York Fed from 1914 to 1928. He was a key figure in U.S. and world monetary affairs, especially during and after World War I.
Benjamin Strong Jr. was elected governor of the New York Fed at the Bank's first board meeting on October 5, 1914, six weeks prior to the opening day. He was 41, and then president of Bankers Trust Co. of New York. During his 14 years in office, his knowledge of the banking history of the United States, coupled with his intense interest in ...
In Great Depression: Banking panics and monetary contraction. …the death in 1928 of Benjamin Strong, who had been the governor of the Federal Reserve Bank of New York since 1914, was a significant cause of this inaction. Strong had been a forceful leader who understood the ability of the central bank to limit panics.
This collection contains correspondence and other documents related to Benjamin Strong, Jr., the first governor of the Federal Reserve Bank of New York from 1914 to 1928. It covers topics such as the Federal Reserve System, national banks, reparations, and foreign countries.
Full text of Papers of Benjamin Strong, Jr. : A Guide to the Strong Papers, 1911-1929 View original document The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies. ...
Summary. Benjamin Strong, Jr made few speeches and did not appear in public to wax theoretically on the ways of economics and high finance. He was J. P. Morgan’s workhorse, and he built his reputation and his fortune on the back of the House of Morgan.
