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The Aldrich Plan strongly influenced the Federal Reserve Act of 1913, which established the Federal Reserve System. Aldrich also sponsored the Sixteenth Amendment, which allowed for a direct federal income tax .
4. Dez. 2015 · In November 1910, six men – Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg – met at the Jekyll Island Club, off the coast of Georgia, to write a plan to reform the nation’s banking system.
12. Apr. 2024 · His work on the Aldrich-Vreeland Currency Act of 1908 and his chairmanship of the National Monetary Commission (1908–12) helped prepare the way for the Federal Reserve Act of 1913. Aldrich rose from the Providence Common Council through the Rhode Island legislature to the U.S. Congress.
16. Dez. 2013 · Der republikanische Senator für Rhode Island, Nelson Wilmarth Aldrich, ein hoher Spitzenbeamter des Finanzministeriums, und fünf mächtige Bankiers kamen zusammen, um die Gründung einer Zentralbank voranzutreiben. Mehrere Tage lang diskutierten sie alle wichtigen Aspekte und arbeiteten einen Vorschlag zuhanden des Kongresses aus.
Nelson Wilmarth Aldrich (* 6. November 1841 in Foster, Rhode Island; † 16. April 1915 in New York City) war ein einflussreicher US-amerikanischer Politiker und von 1881 bis 1911 Mitglied des Senats der Vereinigten Staaten für Rhode Island.
He sponsored the Aldrich-Vreeland Act which established the National Monetary Commission. His Aldrich Plan, providing for flexible cash reserves, was the forerunner of the Federal Reserve System. Although Aldrich rarely spoke on the Senate floor, preferring the more casual atmosphere of the committee room, by the turn of the 20th century he ...
23. Dez. 2013 · One person in particular decided this was a problem: Sen. Nelson Aldrich, chairman of the Senate finance committee. Aldrich knew there was something America could do so that it would no longer...
