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Russell Cornell Leffingvell COMMITTEE O N THE HISTORY OF THE FEDERAL RESERVE SYSTEM Register of Papers Processed: MA Date: 10/28/55 Add.: IB, 3/28/56 RUSSELL CORNELL LEFFIrtGWELL The papers of Russell Cornell Leffingvell, banker, lawyer, Assistant Secretary of the Treasury, ere still in his possession. There are said to be 25 volumes of letter-press dating from his service in the Treasury (1917-20) which are presumably stored in the basement of his house in New York, and which might be very useful to students if they could be made available. A bound volume of speeches has been given to this Committee, Otherwise, his correspondence with Benjamin Strong, rellects s.n active interest in the formative struggles of the Reserve System, will be found segregated in the Strong papers Federal Reserve Bank of New York or incorporated in the files that Bank. which Federal at the of Mr. Leffingwell's interest in monetary matters}, including theory, has always been acute, informed and influential. It would be helpful if this could be gathered in written form. Add.: Letter of March 1, 1956 from Mr. Leffingwell indicates his desire to eventually deposit his papers in the Library of Congress. See internal memorandum 1/22/54- Russell Cornell Leffingwell II - 2 Biographical Note 1878, Sept. 10 Born, Nev York City 1899 B.A., Yale University, New Haven 1902 Began law practice 1906, Jan. 27 Married Lucy Hewitt 1907-17 Member law firm of Cravath and Henderson 1917 Special assistant to Secretary of Treasury in first Libert Loan 1917-20 Assistant Secretary of the Treasury 1920-23 Returned to law practice, member firm of Cravath, Henderson, Leffingwell & de Gersdorff Member, and since 194$ director and chairman, J. P. Morgan and Company, New York 1923- See Who's Who in America, 1952/53, vol. 27, Marquis