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Benjamin Strong

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, IB
Bate:
2/8/54
11/1/55

(1872 - 1928)

The papers of Benjamin Strong, banker, first governor of
the Federal Reserve Bank of New York, are divided between the Federal
Reserve Bank of New York, the Lincoln Storage Warehouse and the
Library at Princeton University.
The collection at the New York Federal Reserve Bank is in
two places, A major group (known as the Strong papers) is set aside
in two file cabinets and kept customarily in the Correspondence File
Room; this collection was moved to the research room in the offices
of this Committee in February, 1955> for the use of Dr, Lester V,
Chandler. A listing of material included in this collection is
appended.
In addition to this collection, a great many letters and
memoranda from Mr, Strong on matters of policy and bank operation
are incorporated in the regular Ueneral Correspondence Files of the
Bank under the appropriate subject headings.
Both these groups are available to students only with
special permission.
Papers in the Lincoln Warehouse, New York City, are the
property of Mr. Benjamin Strong, Jr. No list of these has been made,
but they are understood to be mostly personal.
Papers in the Library at Princeton include a fine collection
of bound scrapbooks of clippings covering World War I, as well as a
currency collection and a poster collection.




Benjamin Strong
II

- 2 Biographical Note

1872, Dec. 22

Born, Fishkiil-on-Hudson,flewYork
Educated, public schhols of Montclair, N. J.
Began banking career as clerk with Cuyler,
Morgan and Co.
Clerk with Jesup, Paton and Co.
Later served as Secretary, Atlantic Trust Co.
Married Margaret Le Boutillier (dec. 1905)
Married ^2nd) Katherine Converse
(6 children were born of these two
marriages)

1903-14

Secretary, then President, Bankers Trust Co.
Resigned to become Governor of Federal Reserve
Bank of Mew York at 50% drop in salary

1914--28

Governor, Federal Reserve Bank of ifew York

1916

First attack of tuberculosis

1917

Chairman, Liberty Loan drives

1921

Testified at joint Congressional agricultural
inquiry

1926

Testified before House Committee on Banking
and Currency

1928, Oct. 16

Died

See:




"The Federalist," October, 1928
Obituary notices