Brookings Institution: Papers from the Committee on the History of the Federal Reserve System

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About the Project

In partnership with the Brookings Institution, the Federal Reserve Bank of St. Louis has digitized the archival collection of the Committee on the History of the Federal Reserve. The collection consists of over 50 linear feet of documents gathered or generated between 1954 and 1958, during the course of the Committee's efforts to assemble "a comprehensive history of the Federal Reserve System." The Brookings Institution Archive organized these materials into 13 separate sections, referred to as entries. For more information about the Committee, please see About the Project.

Documents with copyright restrictions, personally identifiable information, internal information, or confidential information have been excluded from this digital collection.

All documents posted in this collection are the property of the Brookings Institution. Access is provided with their approval. Copyright permissions should be requested directly from the Institution. Please refer to the Brookings Library for additional information.

Of Special Interest...

Sep 02 Gold File: Correspondence and data relating to the 1919 purchase of German gold by the Federal Reserve Bank of New York. http://fraser.stlouisfed.org/chfrs/record.php?id=443040

Sep 02 Profile of Federal Reserve Top Command: Handwritten charts depicting length of service, place of birth, age, education, and prior occupation of Board and Bank officials. http://fraser.stlouisfed.org/chfrs/search.php?keywords=profile+of+federal+reserve+top+command

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Entry 81: Disposition of Files (1956-1978)
Records concerning the disposition of Committee files.

Entry 164: General Files (1953-1956)
This collection consists primarily of correspondence and memorandums of the Committee, minutes of meetings, progress reports, and other records relating to the formation and activities of the Committee.

Entry 165: Secretary's Correspondence (1953-1955)
Chiefly correspondence, but also memorandums, statistical data, and other records of Secretary Donald B. Woodward.

Entry 166: Records Concerning the Rockefeller Foundation Grants (1954-1959; 1975)
Correspondence, memorandums, grant proposals, and financial reports concerning two Rockefeller Foundation grants received by the committee and Brookings Institution.

Entry 167: Transcripts and Memorandums concerning the History and Source Materials of the Federal Reserve System (1954-1956; 1974-1975)
This is a collection assembled by the Committee between 1954 and 1955 to provide background for the work of the Committee, and identify areas for further study. It consists of unedited notes from various interviews with former and working Federal Reserve personnel and others important to the history of the Federal Reserve System, visits to repositories, and Federal Reserve Banks.

Entry 168: Records and Research Materials Relating to the History of the Federal Reserve System (1911-1958)
This is a collection of records and research materials created or compiled by the Committee between 1954 and 1956.

Entry 169: Papers of Fred I. Kent (1918-1955)
Fred I. Kent served as the Federal Reserve Board's Director of the Division of Foreign Exchange, financial adviser to the War Department, and United States representative to the Organization Committee of the Reparations Commission in Paris, among other roles. These papers were assembled by Mildred Adams, research director of the Committee on the History of the Federal Reserve System.

Entry 170: Papers of Leon Fraser (1943-1945)
Leon Fraser served as assistant director of the Bureau of War Risk Insurance, acting director of the Veteran's Bureau, president of the Bank for International Settlements, president of the First National Bank of New York, and director of the Federal Reserve Bank of New York, among other roles. These papers were assembled by the Committee on the History of the Federal Reserve System.

Entry 171: Federal Reserve Time File (ca. 1954-1956)
This chronological reference file, compiled between 1954 and 1956, provides information on federal government and Federal Reserve System staff and their actions between 1893 and 1956. Organized by year, the file contains brief information on policy actions by the Board of Governors, as well as summaries of hearings, legislation, and litigation affecting the System.

Entry 172: Person's File - Biographical Data (ca. 1954-1656) [Entry has been redacted due to personally identifiable information]
This reference file contains biographical data for government officials, Federal Reserve Board members, Federal Reserve Bank officers and directors, members of Federal Reserve System committees, economists, scholars, and other persons who could write or contribute to a comprehensive history of the Federal Reserve System or other topics within the scope of the grant proposal.

Entry 173: Economists' File (ca. 1954-1956) [Entry has been redacted due to personally identifiable information]
This file contains biographical and career data on economic specialists. It was compiled to aid the Committee in its search for possible writers of and contributors to the history of the Federal Reserve. It is organized by the economist's primary field of interest, as found in the American Economic Review of the mid-1950s. Additional biographical information for individuals in this file may also be found in the Persons' File-Biographical Data.

Entry 174: Federal Reserve Banks and Branches Card File (ca. 1954-1956)
This reference file lists the executive and directing bodies of Federal Reserve Banks and their Branches from 1914 to 1956. It also provides information regarding the library facilities and file supervisors. Additional biographical information for individuals in this file may also be found in the Persons' File-Biographical Data.

Entry 175: Federal Reserve Board and Advisory Council Card File (ca. 1954-1956)
This file identifies members and major staff officers of the Federal Reserve Board and its advisory council from 1914 to 1956. It also includes an incomplete listing of major U.S. Treasury officials. Additional biographical information for individuals in this file may also be found in the Persons' File-Biographical Data.

Entry 176: Bibliographical Files (ca. 1955-1656)
This collection of 3x5 cards constitutes a catalog of published and unpublished materials concerning the Federal Reserve System and related developments in domestic and international finance. Two documents, "Guide to Files of Bibliographic Cards" and "Explanatory Note on Aim and Organization of Bibliography," may assist you in using the collection.

Entry 176a: Register of Papers
Compiled by the Committee staff between 1954 and 1956, this collection documents the contents and location of collections of public and private papers deemed by the Committee to be relevant to the history of the Federal Reserve System. It should be noted that the locations listed are as of the date the file was created and no attempt has been made to determine their current whereabouts.