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BfVENTOEY AN© INDEX - CAETEE GLASS FAFER8
Copies to the Following Libraries

Miss Alvern H» Sutherland
Librarian* Board of Governors of
llit Federal Eeeerve .System
Washington 2§* D* C*
Librarian
Federal Eeserve Bank of Boston
Boston 6, Massachusetts
Miss Janet Bogardus
Librarian* Federal Eeserve Bank
of New York
33 Liberty Street
New York 45* Mew York
Librarian
Federal Reserve Bank of Philadelphia
Philadelphia 1, Pennsylvania
Librarian
Federal E t s t r v e Bank' of Cleveland
Cleveland I* Obio
Librarian
Federal Eeserve Bank of Eichmond
Eichmond 13* Yirginia
Librarian
Federal Eeserve Bank of. Atlanta
Atlanta 3* Georgia

Librarian
Federal Eeserve Bank of Kansas City
Kansas City 4* Missouri .
Librarian
Federal Reserve Bank of Dallas
Italia si j. «#* JL eicas
Librarian
Federal Eeserve Bank of San Francisco
San Francisco 20* California
Br* Francis L, Berkeley, Jr«
Curator of Manuscripts
Alderman Library
[2 copies]
Charlottesville* Virginia
Mr* L*. Qnincy Mnniford'
Librarian of Congress
Washington 2$, B* C»
Mr* David C. Mearns
Chief* • Manuscripts Division •
Library of Congress
Washington IS* D* C.
Director* Mew York Public Library.
§th Avenme.and 42nd Street
New York 18* New York

Librarian
Federal Eeserve Bank of' Chicago
Chicago ?Q* Illinois

Librarian, Baker Library
Harvard University* School #f
Business Administration
Boston 63* Massachusetts

Librarian
Federal Eeserve Bank of St* Louis
St. Louie 2* Missouri

Librarian
Massachusetts Institute of Technology
Cambridge, Massachusetts

Librarian
Federal Eeserve Bank of Minneapolis.
Minneapolis 2, Minnesota

Librarian
Yale University Library
New Haven* Connecticut




I

Libraifyi
Frincoton Ifniiroraiiy Library
Prtoeoton* Mow J # r t o y

Librarian *
IJnivoroity of-Washington Library
Soattlo* Washington .

Dr. Richard Logsion
Diroctor of Librariot

Librarian
Dnko University Library
0n»ham» North Carolina-

Columbia University-

New York 2?# Now York
Librarian '
Cornoll Uteivartity Library
Ithaca* Mow York
Librarian
Vniyaraity' of Peimtyt#ania Library
Philadelphia 4* Fonnftyivanla
Librarian
tlnirortity of Chicago Library
Chicago $7, Illinois
Librarian
Uniyortity of Michigan Library
Atm Arbor* Michigan
Librarian
ffalyoroity of Wisconsin Library
Madison, Wisconsin
Librarian
tfaivortlty of Mti#onri Library
Colnnabia* M i t i o n r i
Director* Bancroft Library
tlniirorsity of California
Berkeley 4, California
Librarian
Stanford Unironity Library
Stanford, California
Librarian
Vandorbilf Uniirortity Library
Nashville, Tennessee
Librarian
tJnivorsity of North Carolina. Library
Chapel Mill# North Carolina



Librarian
Northwottorn tfoivotfoity Library
Evanston, Illinois
Librarian
Uaivorolty of Minnesota Library
Minneapolis, Minnesota
Librarian
Ohio Statu tlaivor§ity Library
Colninbrna, Ohio
Librarian
tfni^or&iiy of Toisas Library
Attotin* Toumi
Librarian
Pittsburgh Branch
F e d e r a l R e s e r v e Bank of Cleveland
P i t t s b u r g h 30, Pennsylvania
M r s . Charlotte R u s s e l l
Head, Order Section
Virginia State L i b r a r y
Richmond 19, Virginia




May 18, 1956

Dear Hr» Ericksoat
Mr* Donald Woodward, Secretary of this
Committee, asks me to send you & copy of • covering letter which he is sending to a small and
carefully selected group of librarians, including
Miss Eleanor Di Giannantonic of the Federal Heserve Bank of Boston. The volume he describes
goes in the same mail*
Ve hope that this Selective Inventory of
the Carter Glass Papers may prove useful to research students consulting your library for
material on the early days of the Federal Reserve
System*
Very sincerely yours,

Mildred Adams

Kr« J* A* £rickson
President, Federal Reserve
Bank of Boston
Boston 6, Massachusetts
Enc.




May 18, 1956

Bear Mr* Sproul!
In accordance with the Committee resolution of April 16, 1956, ve ere distributing copies
of the Selective Inventory of the Carter Glass
Pepers to the twelve Federal Reserve Banks, the
Bofcrd, the Library of Congress, the Rev lork Public
Library, and the list of universities as approved
by Committee members.
One copy goes today to Hiss Bogardus for
the library of the Federal Reserve Bank of Rev York,
with a covering letter from Mr* Woodward* ^iis note
to you is simply to record the distribution*
Faithfully yours,

Mildred Adiuss

Mr. Allan Sproul
33 Liberty Street
Rew lork 45, *• *•




May 1$, 1956
Dear Mr. Williams:
Mr* Donald Woodvard. Secretary of this
Committee* asks ae to send you a copy of a covefflag l e t t e r T&ich he i s sending to • small &n& carefully selected group of librarians, including Hr@»
Florence Hartttan of the Federal Beserve Bank of
Failadelphia* fee volume he describes goes in the
game mail*
We hope that this Selective Inventory
of the Garter Glass Papers say prove useful to
research students consulting your library for
material on the early days of the Federal Beserve
%"steffi#

Very sincerely yours*

Mildred Adams

Mr* Alfred H . ¥illie»s
Presldeat, Federal Reserve Bank
of Philadelphia
Philadelphia 1 , Pennsylvania
]&*nc*




May 18, 1956

Dear Mr* Fulton;
Mr* Donald Woodward, Secretary of this
Comaittee, asks me to send you a copy of a covering letter which he is sending to a small and carefully selected group of librarians, including Miss
Ethel Klahre of the Federal Reserve Bank of Cleveland* The volume he describes goes in the same mail.
We hope that this Selective Inventory of
the Carter Glass Papers say prove useful to research
students consulting your library for material on the
early days of the Federal Reserve System*
^ery sincerely yours,

Mildred Adams

Mr* W* D. Fulton, President
Federal Reserve Bank of Cleveland
Cleveland 1, Ohio
Ine*




Hay IS, 1956

Dear Mr* Leacht
Mr« Donald Woodward, Secretary of this
Committee, asks me to send you a copy of a covering
letter which he is sending to a small and carefully
selected group of librarians, including Miss Bess
W&lford of the Federal Reserve Bank of Richmond,
The volume he describes goes in the same mail*
Ve hope that this Selective Inventory of
the Carter Glass Papers may prove useful to research
students consulting your library for material on the
early days of the Federal Reserve System.
Very sincerely yours,

Mildred Adams

Mr* Hugh Leach, President
Federal Reserve Bank of Richmond
Richmond 13, Virginia
Enc.




May 18, 1956
Dear Hr» Bryan*
Mr* £onaid Woodward, Secretary of t h i s
Committee, asks &e to send you ft copy of a covering
l e t t e r -which he i s sending to a s&aii and carefully
seiect&d &rcup of l i b r a r i a n s , lnoladlaf Kr*« Juinda
Johns ton of taa Federal I M M V I Bank of Atlanta*
$&• volume be describes goes i n the same sieil*
We nope t h a t t o i s Selective Inventory of
the Carter Glass Papers &ay prove useful to research
students consulting, your l i b r a r y i'or a a t a r i a l on ta©
early days of tae Federal Reserve System*
feiy sincerely yours.

Mildred Ad&Es

Mr* ttalcola Bryan, President
Federal E&serve Bank of Atlanta
Atlanta 3 , Georgia
Enc«




Kay Id, 1956

Dear Kr» Harrist
Mr. Donald Woodward, Secretary of this Committee, asks me to send you a copy of i covering letter "whioh he is sending to a small and carefully
selected group of librarians, including Kiss Jo Ann
Aufdenkaap of the Federal Beserve Bank of Chicago*
The volume he describes goes in the same mail,
¥e hope that this Selective Inventory of
the Carter Glass papers may prove useful to research
students consulting your library for material on the
early days of the Federal Reserve Bye tern*
Very sincerely yours,

Mildred Adams

Mr* 2. C» Harris
Acting Chief Executive Officer
Federal Reserve Bank of Cnicago
Chicago 90, Illinois
Ene*




May 18, 1956

Bear Mr* Johns*
Mr# Donald Woodward, Secretary of this
Committee, asks me to send you a copy of a covering
letter which he is sending to a small and carefully
selected group of librarians, including Miss Constance Pfaff of the Federal Reserve Bank of St.
Louis• The volume he describes goes in the same
mail,
We hope that this Selective Inventory of
the Carter Glass Papers may prove useful to research
students consulting your library for material on the
early days of the Federal Reserve System.
Very 6incerely yours,

Mildred Adams

Mr* Delos C. Johns, President
Federal Reserve Bank of St. Louis
St. Louis 2, Missouri
&nc*




May IS, 1956

Dear Mr* Powell*
Mr. Donald Woodward, Secretary of tills
Ccsasittee, asks me to send you a copy of a covering
letter which he Is sanding to a small and carefully
selected group of librarians, including Miss Mildred
Strand of the Federal Resei've Bank of Minneapolis*
Hie volume he describes goes In the M M »ail*
We hope that this Selective Inventory of
the Carter Glass Papers may prove useful to research
students consulting your library for material on the
early days of t&e Federal Reserve Systesu
?ery sincerely yours,

Mildred Adams

Mr, Oliver S« Powell, President
Federal Reserve Bank of Minneapolis
Minneapolis 2, Minnesota
Snc,




Kay I S , 1956
Dear Mr, keedyi
Mr# Bonald Woodward, Secretary of t h i s
Gosanitte©! aiflti lie to send you • copy of t covering
l e t t e r vhich he I s sending to a email and carefully
selected group of l i b r a r i a n s ! including Miss Mary
Mr cBonald of the Federal Reserve Bank of Kansas City*
The volume he describes goes in the MM n a i l *
We hope t h a t t h i s Selective Inventory of
the Carter Glass Papers may prove useful to research
students consulting your l i b r a r y for material on the
e&rly deys of the Federal Reserve System,
Very sincerely yours,

Mildred Mm&

Kr» H. G. Leedy# President
Federal Reserve Bunk of lenses City
Kansas City 6, Missouri
Enc*




May 18, 1956

Bear Dr« Irons*
Mr. Donald Woodvard, Secretary of this
Committee* asks me to send you a copy of e covering
letter vhieh he is sending to a small and carefully
selected group of librari*;.nsf including Hiss Mabel
Vilkerson of the Federal Reserve Bank of Dallas*
the volume he describee goes in the M M Mil«
We hope that this Selective Inventory of
the Carter Glass Papers may prove useful to research
students consulting your library for material on the
early days of the Federal Reserve System*
Very sincerely yours.

Mildred Adeics

Dr» Vtitrous H. Irons, President
Federal Reserve Bank of Dallas
Dallas 13, Texas
Enc.




Hay 18, 1956
Dear Mr. IfengelsJ
Hr« Donald Woodward, Secretary of this
Committee, esks me to send you a copy of a covering
l e t t e r Mhich he Is Beading to a s t a l l end carefully
selected group of librarians, including Hiss Elizabeth Holden of the Federal Reserve Bank of S&n
Fr&ncieco. The volume he describes goes in the
saiae mail*
V© hope thet this Selective Inventory of
the Carter Glass Papers m&y provs useful to research
students consulting your library for a r t e r i a l on tfce
early days of the Federal Reserve Astern*
Very sincerely yours,

Mildred Adams

Mr. H. 8» Mangels, President
federal Reserve Bank of San
Francisco
San Franeiseo Z>$ California
Eno»

Kay IS, 1956

Dear Mr. Fisheri
The enclosed copy of a letter from Mr* Donald Woodward,
Secretary of this Committee, to the librarian at Stanford speaks
for itself. I send it to you partly because the information it
contains may interest you, and partly as a way of reminding you
that you were kind enough to talk with rae in Palo alto a year ago
about the Hoover Library, then closed for lack of an archivist*
I hope by this time that a new one has been installed and that the
collection is being made available for scholars*
My best greetings to you and to the wide and lovely
view from your window which I remember watching with such pleasure
as we talked*
Cordially yours,

Mildred Adams

Mr* Harold *• Fisher
Hoover Library
Stanford University
Palo Alto, California
Sne*




May 1 8 , 1956
Dear Elmert
the
University of
a copy of Br*
i s being sent
need i t *

enclosed l e t t e r from Don tfbodvard to the l i b r a r i a n of the
Missouri speaks for i t s e l f * Ve j u s t wanted you to know t h a t
Kincald 1 8 Selective Inventory of the Carter Glass Papers
to your l i b r a r y and w i l l be available i n case your students

Otherwise, how are you, and how i s "the book comingt I heard
rumours t h a t you were going to take a Sabbatical to finish i t , but they
have not been confirmed* Bor have I seen Karl or kea recently, so SQJI
sources of news about you have been silent*
l?e are facing changes with the departure of Mr* Spreul, and I'm
not q u i t e sure what i s going to happen* I t may be a case of plus ca
change, plus c ' e s t l a meae chose, but who am I to know a t t h i s moment*
I hope the spring i s f r i e n d l i e r there than i t i s h e r e , and t h a t
a l l goes well with you and your charming wife, to whom X send my warm
regards*
Cordially yours,

Mildred Adams

Dr* Elmer Wood
School of Business Administration
University of Missouri
Columbia, Missouri
Bnc*







May 18, 1956
Dear Mr. Me&ms:
The enclosed l e t t e r from Mr. Doneld B*
Woodward, Secretary of t h i s Committee, speaks for
i t s e l f . We are sending tvro copies of the Glass
Selective Inventory to the Library of Congress, one
addressed to Mr. Egans and the other to you* This
l a t t e r copy goes i n token of our g r a t i t u d e for the
very kind and helpful cooperation 'which you end
other aef&bers of your department have given us*
I f t h i s volume i s not useful i n the Kamis c r i p t s Division, you w i l l , of course, feel free to
pass i t on to vaetever depertaent should have i t ,
Thank you egain for continuing c o u r t e s i e s .
Most sincerely youra.

Mildred loams

Mr. David C. Meerns, Chief
Manuscripts Division
Library of Congress
Washington 25, D. C.
Enc#




Kay IS, 1956

Dear Mr* Martini
the enclosed i s a copy of a letter sent
by Mr* Voodvard to Miss Sutherland, Librarian of
the Board* This note to you i s just to record
the fact that » copy of Dr. Klncaid's Selective
Inventory of the Carter Glass Papers, prepared
under a grant from this Committee, i s being sent
to the library of the Federal Reserve Board*
Most sincerely yours,

Mildred Adams

Mr* Willie* HeC* Martin, Jr*
Chai

Boe rd of Governors of

the Federal Reserve System
Washington 25, $• <U
Enc.




May 18, 1956

Dear Br* Willits*
The enclosed is a copy of a letter sent
by Mr, Woodvard to the librarian of the University
of Pennsylvania Library* This note to you is Just
to record the fact that a copy of Dr. Kincaid1 a
Selective Inventory of the Carter Glass Papers,
prepared under a grant from this Committee, Is
being sent to the library of the University.
Most sincerely yoursj

Mildred Adams

Dr* Joseph H. Willits
University of Pennsylvania
The Educational Survey
Philadelphia 4> Pennsylvania
Enc.

COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM
33 LIBERTY STREET, NEW YORK 45, NEW YORK
TELEPHONE: RECTOR 2-5700, EXTENSION 286

ALLAN SPROUL, Chairman

With cooperation of

W. RANDOLPH BURGESS
ROBERT D. CALKINS
F. CYRIL JAMES
WILLIAM MCC. MARTIN, JR.
WALTER W. STEWART
JOSEPH H. WILLITS
DONALD B. WOODWARD, Secretary
MILDRED ADAMS, Executive Director

THE BROOKINGS INSTITUTION
722 JACKSON PLACE, N. W.
WASHINGTON 6, D. C.

May 18, 1956

This Committee takes pleasure in sending you a volume which we hope
will prove useful to students delving into the early history of the Federal
Reserve System. This is the Selective Inventory of certain papers of the late
Carter Glass, Senator from Virginia and one-time Secretary of the Treasury,
sometimes called "Father of the Federal Reserve System."
As you probably know, the Carter Glass papers were given to the
Alderman Library at the University of Virginia in 1947 by members of the
Senatorfs family. In the decade since that time various scholars have dipped
into them for various scholarly purposes, but no inventory of their contents
was available.
Our Committee on the History of the Federal Reserve System was
established in 1954. One of its early projects was an attempt to find out how
valuable the Glass collection might be in helping to illumine early System history. Dr. Elbert Kincaid, formerly vice president of the Federal Reserve Bank
of Richmond and recently resigned from the University of Virginia, was commissioned by this Committee to undertake a survey of the papers in the summer of
1954.
The Selective Inventory we are sending is the result of Dr» Kincaid?s
work. We present it as a research aid of use to students interested in the
papers and eager to assess the Federal Reserve material they include. It is
our hope that the Inventory will help in study of the System's early days.




Very sincerely yours,

Donald B* Woodward
Secretary

COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM

May 9, 1956
Ha&ee &ad Addresses for Hoovenised Letter on
Carter Glass Inventory
K

Miss Alvern H« Sutherland
Jdbrariaa, Board of Governor
t^p- ^y the Federal Reserve %stem
Washington 25, !>• C*
kHA

Miss Eleanor Jul Giennantoaio
Librarian, Federal Heserve Bank
of Boston
Boston 6, Massachusetts
Miss Janet Bogardus, librarian
Federal Heserve Bank of Hew Xork
33 liberty Street
Sew lork 45# B* f*
Mrs* Fasreence Hartatan, Librarian
Federal Reserve Bank of Philadelphia
Philadelphia 1, Fenii^ylvania
Miss Ethel Xlahre, Librarian
Federal Reserve Bank of Clavei&nd
Cleveland 1, Ohio
Kiss Bess Velford, librarian
Federal Reserve Bank of Bichmond
P-ichaond 13, "Virginia
Mrs* Linda M* Johnston, Librarian
Federal Reserve Bank of Atlanta
Atlanta 3, Georgia
Miss Jo inn Aufdenkaap, Librarian
Federal Reserve Bank of Chicago
Chicago 90i Illinois

Miss Mildred Btrand, Librarian
Federal Reserve Bank of Minneapolis
Minneapolis 2, Minnesota
Miss Mary M&cBonaid, Librarian
Federal Heserve Bank of Kansas Citgr
Kansas City 6, Missouri
Miss Mabel Wilkereon, Librarian
Federal Heserve Bank of Dallas
Dallas 13, Texas
Miss Elisabeth Holden, Librarian
Federal Reserve Bank of Ban Francisco
Ban Francisco 20, California
Mr. Luther H* Evans, Librarian
Library of Congress
Washington 25, D. C*
Mr* David G* Meams, Chief
Manuscripts Division
Library of Congress
Washington 25, £>* C.

Mr* Edward $* Freehafer, Director
Mew fork Public Library
'-^M^^
Fifth Avenue and 42 Street
* 2 | # ^!
Hew lork IS, K* X,
Professor Arthur H* Cole, Librarian
Baker Library
Harvard University School of Business
Administration
Boston 63, Massachusetts

A
• \

Miss Constance Ffaff, Librarian
Federal Beaerve Bank of Bt« Louis
St* Louis 2, Missouri




if

Librarian, Massachusetts Institute
of technology
Cambridge, Massachusetts

and Addresses
Mr# James T« Babb, Librarian
Xale University Library
Hew Haven, Conr4ctiicat

Librarian
V&Bderbllt University Library
Nkshviile, Tennessee

Librarian
Princeton University Library
Princeton, New Jersey

Librarian
University of Berth Carolina Library
ChappeU Hill, Horth Carolina

tip* Richard Logadon,
Director of Libraries
Columbia University
SevXork 27, V, U

Librarian
University of Washington Library
Seattle, Washington

Librarian
Cornell University Library
Ithaca, Hew York

*^\$* Librarian
University of Pennsylvania Library
Philadelphia 4, Pennsylvania

Librarian
University of Chicago Library
Chicago 37, Illinois
Librarian
University of Michigan LibrariJM^
Ann Arbor, Michigan
Q
Librarian
University of Wisconsin Library
Madison, Wisconsin
,f:
t,y
Librarian
tfaiversity of Missouri Library
Columbia, Missouri

Mr. George P. Hammond, Director
Bancroft Library
University of California
Berkeley 4, California
Librarian
Leland Stanford University Library
Palo Alto, California




Librarian
Duke University Library
Durham, Horth Carolina

Librarian
Morthvestern University Library
Evanston, Illinois
Librarian
University of Minnesota Library
Minneapolis, Minnesota




CARTER GLASS PAPERS

Selective Inventory of 423 Boxes
in the
Alderman Library of the University of Virginia
with special reference to material concerning the
Federal Reserve System
*y
Elbert Ac Kincaid, Ph.D.., et disc*

Charlottesville, Virginia
1954

Prefatory Note

The Carter Glass papers, given to the Alderman Library of
the University of Virginia in 1947 "by a son, a daughter and a grandson
of the Virginian, contain approximately half a million items, including letters written and received, legislation introduced or proposed,
memorabilia of various kinds, for the years 1909-1946.
These papers are preserved in two categories - one a series
of letter-press copies of letters written "by Mr. Glass while Secretary
of the Treasury and ex-officio Chairman of the Federal Reserve Board
from December 1918 to February 1920, the other a mass of unbound
papers contained in 423 boxes, rough-sorted according to date.
The letter-press volumes, which have not been examined for
this selective inventory, are dated as follows 1
1.

18 Dec. 1918 - 24 Jan. 1919

20

22 Jan. 1919 - 13 Mar. 1919

3. 12 Mar. 1919 4.

2 May

2 May

1919

1919 - 23 June 1919

5.

24 June 1919 - 29 Aug. 1919

6.

29 Aug. 1919 - 15 Dec. 1919

7.

15 Dec. 1919 -

3 Feb. 1920

The selective inventory herein presented concerns itself
only with the unbound papers.
A few additional papers have been presented to the University
by members of the Glass family since this selective inventory was made
in 1954.




FOREWORD
To write a history of any social institution is one of the best
ways to protect it from false and misleading statements concerning the
purposes of those who helped to establish it. True history involves careful and sound research in order to obtain the facts about the institution
under study*

In the history of the Federal Reserve System there are gaps

which call for intensive research.

As yet, there has not been written an

authentic and comprehensive account of the System's origin or of its development.

Students are faced with conflicting accounts, sometimes erroneous,

sometimes misleading.
When the Committee on the History of the. Federal Reserve System
set to work to investigate the source material from which the basic facts
concerning this extraordinary.American institution are evolved, it turned
first to the surviving records of a man who bears a primary responsibility
for the creation of the System.

The life of that great Christian gentleman,

Carter Glass of Virginia, is to a large extent the story of the origin and
development of the Federal Reserve System, but one could well reverse the
statement and say that the story of the evolution of the Federal Reserve
System is also to a considerable extent the story of Carter Glass• His long
career as member of the House of Representatives and its Committee on Banking
and Currency,: meiaber of the United States Senate and its analogous committee,
Secretary of the Treasury, involved a considerable accumulation of corre*
spondence and documents bearing directly on the creation of the Federal
Reserveo

The Alderman Library of the University of Virginia holds a large

share of those papers, received from the Carter Glass estate.
These papers are filed and shelved in 423 boxes, many of them
containing hundreds of items. Examination of the collection fills one
with astonishment at the vast amount of work which Mr. Glass was able to




2
perform0

His studies involved many personal conferences with scholars and

bankers as well as much correspondence, long hours of work on committees
and diligent attention to hearing and committee reports * He was continually
attentive to the problems of his constituents and the welfare of his native
state, but he also devoted much attention to national affairs•

The creation

of an adequate banking structure to serve the needs of the whole country
was a primary.interest.
In examining the Senatorfs papers, one is brought face to face
with the controversies of the period*

One of these, which has continued,

is the actual authorship of the Federal Reserve Act.

The Glass papers are

rich in material supporting the view that while others made contributions
to the Act, Glass himself was the one real author•

Those who have worked

on the papers, reading and appraising them, finding many of peculiar interest
and significance to economists and to students of central banking, remain
convinced that, however much assistance he received from others (and he
would be the first to give them due credit), his was the guiding influence
in creating the banking legislation of 1913o

The collection offers a rich

field for research by qualified scholars among materials which call for
correlative and comparative study, and much thorough reflection,,
The inventory here presented represents the first comprehensive
examination to be made of these papers since they were deposited in the
Alderman Library by Mr. Carter Glass Jr. This is a partial catalogue of
the papers, with emphasis on the economic aspects of the collection Special
attention has been paid to documents pertaining to monetary matters, particularly those relating to the banking system.

The researchers have looked

primarily for any items pertaining to the Federal Reserve System*

No attempt

has been made to evaluate those documents which have been discovered.

The

summary represents a box by box listing of those items located which were
felt to be of sufficient importance to warrant notation*



3
Three graduate students at the University of Virginia, Mr. William
Edel, Mr. Samuel Cardwell and Miss Anne Thomas, assisted in the preparation
of the inventory.

Suspecting that the most important Federal Reserve mate-

rial would be found early in the collection, some of the researchers began
work at the other end and thus gained experience on less valuable material.
With this exception, no specific order was maintained in carrying out the
task.
In the making of notes upon each individual box, some uniformity
may be observed, although a certain latitude in procedure was allowed.

In

most cases, the initial statement corresponds to the notation on the outside of the box represented so as to facilitate identification.

In many

instances, the cataloguing has been done by listing individual items in
numerical order • "When the content of a box was of such a nature as to be
susceptible to grouping by topic, alphabetical order has sometimes b^een
used to set apart the categories thus distinguished.

The numerical system

has been retained for presenting individual items included with the topical
sections. A portion of the work consists of descriptive summary paragraphs,
a technique used for material of a secondary type.
The final product has been assembled in numerical order by box
number.

The numbers at the top of each page designate the box which has

been summarized.

It is anticipated that there will be no change in the

arrangement of the boxes.
This inventory was prepared during the summer and autumn of 1954
at the Alderman Library, University of Virginia.

The laborious nature of

the work was made less burdensome by the courtesy of the staff of the
McGregor Room in which the work was done*

The thanks of the workers go to

them and to Dr. Francis L. Berkeley, Curator of Manuscripts at the Library,
whose hospitality and counsel have facilitated the completion of the task.




Elbert A. Kincaid,
Charlottesville, Virginia.
November 1954.