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Owen D. Young COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM R e g i s t e r of P a p e r s I P r o c e s s e d : MA Date: 11/3/55 OWEJS D. YOiMi The papers of Owen D. Young, lawyer, industrialist, director, Deputy Chairman and Chairman of the Board of the Federal Reserve Bank of New York, author of the Dawes and the Young Plans for financing German reparations after World War I, are indexed, boxed and stored in a concrete and steel vault built into his office structure at Van Hornesville, l\lew York. Linear feet of shelf space occupied: 12*0 Manuscript boxes occupied by Federal Reserve papers: 10 (?) Approximate number of items: This important collection covers the period of development of international banking connections and techniques on the part of the Federal Reserve Bank of iMew York, the death of Governor Strong, the bank holiday of 1933, 3tc. Students equipped for research work may use these papers by permission. The Federal Reserve section should be supplemented by a review of other sectors for the same date. See internal memoranda of interviews with Mr. Young in August and September, 1955, and details of these papers. Owen D. Young II - 2 Biographical Note 1374., Oct. 27 Born, Vanriornesville,N. Y. 1894- A.B., St. Lawrence University 1896 LL.B., Boston University 1896-1913 Began law practice in boston (later partner in firm of Tyler and Young) 1896-1903 Instructor in common pleadings, Boston Univ. 1898, June 30 Married Josephine Sheldon Edmonds - dec. (6 children) Married (second; Mrs. iiouise bowis Clark 1913 To i^ew York as Counsel for General Electric Co. 1913-44- Vice president, then chairman of board, General Electric Co. 1944-- Honorary chairman, General Electric 1923-27 Director, Class B, Federal Reserve Bank of itev York 1927-40, 1927-38 Director, Class C, Federal Reserve Bank of New York Deputy chairman, Federal Reserve Bank of New York 1938-4-0 Chairman, Federal Reserve Bank of New lork 1924. Member, Dawes blan Committee 1929 Head of Young Plan 1919-33 Chairman Bocard R.C.A., then cnairman exec. committee Member, Commission on Organization of Executive Branch of Government 194-8 See Vlho's "Who in America, 1952/53, vol. 27, Marquis Biography by Ida Tarbell, "Owen D. Young; A New Type of Industrial Leader." Macmillan, 1932.