View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

1956

UNITED STATES GOVERNMENT
EXECUTIVE OFFICES
President

-

Dwight D. Eisenhower

Secretary of Treasury

-

Geprge M. Humphrey

Comptroller of Currency

-

Ray M. Gidney

Secretary of State

-

John Foster Dulles

Secretary of Defense

-

Charles E. Wilson

Secretary of Interior

-

Secretary of Agriculture

-

Douglas McKay (resigned
)
Seaton, Fred A. (nomination,to Senate 5/28/56)
Ezra Taft Benson

Secretary of Commerce

-

Sinclair Weeks

Secretary of Labor

- James P. Mitchell

Postmaster General

- Arthur E.

Attorney General

- Herbert Brownell, Jr.

Secretary of Health,

http://fraser.stlouisfed.org/ and Welfare
Federal Reserve Bank of St. Louis

Summerfield

Education
-

Marion B. Folsom

U. S. G 0 V
Jan.3

R N ME N T

SENATE
Banking and Currency Committee
84th. Congress , 2d. Session
Democrats

J. W. Fulbright
A. Willis Robertson

John J. Sparkman
J. Allen Frear, Jr.
Paul H. Douglas
Herbert H. Lehman
A.S. Mike Monroney
Wayne Morse




Republicans
Arkansas
Virginia
Alabama
Delaware
Illinois
New York
Oklahoma
Oregon

John H. Yingling,

Homer E. Capehart
John W. Bricker
Irving M. Ives
Wallace F. Bennett
Prescott Bush
G, Glenn Beall
Frederick G. Payne

Chief Clerk

Indiana
Ohio
New York
Utah
Connecticut
Maryland
MAine

U.

1956
Jan.3

S.

G 0 VERNMENT
HOUSE

Banking and 6urrency 6ommittee
84th. Congress,

2d. Session
Republicans

Democrats
Brent Spence
Kentucky
Georgia
Paul Brown
Wright Patman
Texas
Alabama
Albert Rains
New York
Abraham J. Multer
New Jersey
Hugh J. Addonizio
William A. Barrett Pennsylvania
Barratt O'Hara
Illinois
Leonor Kretzer Sullivan 4Missouri
(Mrs. John B. Sullivan)
North Carolina
L. H. Fountain
Wisconsin
Henry S. Reuss
Martha W. kiffiths Michigan
Thomas L. Ashley
Ohio
Charles A. Vanik
Ohio
Irwin D. Davidson
New York

John J. Bell
Texas
http://fraser.stlouisfed.org/
Eler.J. Holland
Pennylvania
Federal Reserve Bank of St. Louis

Jesse P.
Ralph A.
Henry 0.
Clarence

Wolcott
Gamble
Talle
E. Kilburn

Gordon L. McDonough
William B. Vidnall
Jackson E. Betts
Walter M. Mumma
William E. McVey
Edgar W. Hiestand
Donald W. Nicholson
Oliver P; Bolton
Perkins Bass

Michigan
New York
Iowa
New York
California
New Jersey
Ohio
Pennsylvania
Illinois
California
Massachusetts
Ohio
New Hampshire

Robert L. Cardon, Clerk
James C. Healey,

New lork

(Democrat)

1956

FEDERAL RESERVE SYSTEM
BOARD OF uOVERNORS

William McC. Martin, Jr., Chairman
C. Canby Balderston, Vice Chairman
M.S. Szymczak, J. K. Vardaman, Jr., A.L. Mills, Jr., J. L. Robertson, Chas. N. Snepardson
Winfield V. Riefler, Asst. to the Chairman
Elliott Thurston, Asst. to the Board
to
Board
Alfred K. Cherry, Legislative Counsel
Woodlief Thomas, Economic Adviser
Charles Molony, Special Asst. to the Board
t
Division of Research & Sta istics
Office of the Secretary
Ralph A. Young, Director
S. R. Carpenter, Secretary
Guy El Noyes, Adviser
Merritt Sherman, Asst. Secretary
Frank R. Garfield, Adviser
Kenneth A. Kenyon, Asst. Secretary
Kenneth B. Williams, Asst. Director
Clarke L. Fauver, Asst. Secretary
Susan S. Burr, Asst. Director
Legal Division
Albert R. Koch, Asst. Director
George B. Vest, General Counsel
Lewis N. Dembitz, Asst. Director
Frederic Solomon, Asst. Gen. Counsel
Division of Bank Operations
Howard H. Hackley, Asst. Gen. Counsel
Robert F. Leonard, Director
David B. Hexter, Asst. Gen. Counsel
J. E. Horbett, Associate Director
G. Howland Chase, Asst. Gen. Counsel
Lowell yrick, Asst. Director
Jerome V. Shay, Asst. Gen. Counsel
Gerald M. Conkling, Asst. Director
Finance
International
of
Division
Arthur V. Marget, Director
John R. Farrell, Asst. Director



(OVER)

Division of Examinations
George S. Sloan, Director
C. C. Hostrup, Asst. Director
--Fred. A. Nelson, A*t.- Director-Arthur H. Lang, Chief Fed. Res. Examiner__
Robert C. Masters, Asst. Director
rect or-Glenn MGoodman, A
Henry Benner, Asst. Director
Division of Personnel Administration
iretor
.-- EdwF
r
J JJonnon,
Ast. Director
Franklin Sprecher Jr.,
_ H.
Division of Administrative Services
---Liston -etea,
P.
Director
-----..
- Joseph E. KeĀ±leher, Asst. Directi
Office of Defense Loans
Administrator
-- Gardner -L. Boothe, II,
__r
Offie of the.Con.trol
Edwin J. Johnson, Controller
---,b.
Daniels,
Asst. Controller




--___

....

____
--_

_

____

FEDERAL RESERVE SYSTEM
FEDERAL ADVISORY COUNCIL

1956
District

No. 1 (Boston)

William D. Ireland

District

No. 2 (New York)

Adrian M. Massie

District No.

3 (Philadelphia)

William R. K. Mitchell

District No.

4 (Cleveland)

Frank R.

District No.

5 (Richmond)

Robert V. Fleming, PRESIDENT

District No.

6 (Atlanta)

Comer J. Kimball

District No. 7 (Chicago)

Homer J.

enton, VICE fRESIDENT

Livingston

District No.

8 (St. Louis)

Lee P. Miller

District No.

9 (Minneapolis)

Julian B. Baird

District No.

10 (Kansas City)

R.

District No.

11 (Dallas)

George Gl Matkin

District

No. 12 (San Francisco)




ACTING SECRETABI:

Crosby Kemper

Frank L. King
William J.

Korsvik

FEDERAL RESERVE SYSTEM
OPEN MARKET COMMITTEE

1956

William McC. Martin, Jr., Chairman
Allan Sproul, Vice Chairman
C. Canby Balderston
C. E. Earhart

W. H. Irons
Hugh Leach

(3/1/56 H. N. Mangels)
W. D. Fulton

A. L. Mills, Jr.
J. L. Robertson

Winfield V. Riefler, Secretary
Elliott Thurston, Asst. Secretary
George B. Vest, General Counsel
Frederic Solomon, Asst. General Counsel
Woodlief Thomas, Economist
J. Dewey Daane, Associate Economist




Chas. N. Shepardson
. S ymcsak
M.James K. Vardaman, J.

L. Merle Hostetler, Associate Economist
Morgan H. Rice, Associate Economist
H. V. Roelse, Associate Economist
0. P. Wheeler, Associate Economist
Ralph A. Young, Associate Economist
Robert G. Rouse, Manager of System Open
Market Account

i

-

C

------

--

-1-I~.

Federal Reserve Bank of BOSTON (District 1)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: Robert C. Sprague
James R. Killian, Jr.
DEPUTY CHAIRMAN:
Frederick S. Blackall, Jr.
Lloyd D. Brace
Harold I. Chandler
Oliver B. Ellsworth

Harvey P. Hood
Harry E.

tUphrey

(Vacancy)
OFFICERS

PRESIDENT: J. A. Erickson
FIRST VICE PRESIDENTt Alfred C. Neal


http://fraser.stlouisfed.org/
Federal
Reserve Bank of St. Louis
-

D. H. Angney
E. 0. Latham
Carl B. Pitaan
0. A. Schlaikjer

....

_..~

Vice Pres.
"

*
"

K

---

-----------------

-~----_~_I

'P

1956

-~CI~L

Federal Reserve Bank of NEW YORK (District 2)
BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: Jay E. Crane
DEPUTY CHAIRMAN: Forrest F. Hill

John E. Bierwirth
Ferd I. Collins
John R. Evans
Clarence Francis
Franz Schneider
Howard C. Sheperd
Lansing P. Shield

PRESIDENT:

OFFICERS
Alfred Haye l effective 8/1/56)

PRESIDENT: Allan Sprou. (resigned effective 6/30/56)
FIRST VICE PRESIDENT: William F. Treiber
Vice Presidents
T. G. Tiebout
H. A. Bilby
Willis
V.
Exter
John
R. B. Wiltse
H. H. Kimball
J. H. Wurts
A. Phelan
H. V. Roelse
Robert G. Rouse
I. B. Smith (in charge Buffalo branch)


http://fraser.stlouisfed.org/
Federal
Reserve Bank of St. Louis -

-----

I~

-7

_

1956

_

_

__

Federal Reserve Bank of PHILADELPHIA (District 3)

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: William J. Meinel
DEPUTY CHAIRMAN: Henderson Supplee, Jr.
V. Elbridge Brown
Lester V. Chandler
Bayard L. England
Lindley S. Hurff
William Fulton Kurtz
Warren C. Newton
Charles E. Oakes

OFFICERS
PRESIDENT: Alfred H. Williams
FIRST VICE PRESIDENT: W. J. Davis




Vice Presidents
Wn. G. McCreedy
Karl R. Bopp
P. M. Poorman
Robert N. Hilkert
J. V. Vergari
E. C. Hill

Federal Reserve Bank of CLEVELAND (District 4)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: John C. Virden
DEPUTY CHAIRMAN: Arthur B. Van Buskirk
King E. Fauver

Joseph B. Hall
Charles Z. Hardwick
Ediwon Hobstetter
J. Brenner Root
Alexander E. Walker
Frank J. Welch

OFFICERS
PRESIDENT: V. D. Fulton
FIRST VICE PRESIDENT: Donald S. Thompson
Vice Presidents
A. H. Laning
Dwight L. Allen
Martin Morrison
Roger R. Clouse
H. E. J. Smith
R. G. Johnson (in charge
Paul C. Stetselberger
Cincinnati branch)
J W. Kossin (in charge
Pittsburgh branch)

http://fraser.stlouisfed.org/
Federal
Reserve Bank of St. Louis
L.

_

___

_

Federal Reserve Bank of RICHMOND (District 5)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: John B. Woodward, Jr.
DEPUTY CHAIRMAN: Alonzo G. Decker, Jr.
Daniel W. Bell

D. V. Colvard
Joseph E. Healy
L. Vinton Hershey
Robert 0. Hufftan
V. A. L. Sibley

(Vanancy)
OFFICERS
PRESIDENT: Hugh Leach
FIRST VICE PRESIDENT: Edw. A. Wayne
Vice Presidents
N. L. Armistead
Aubrey N. Heflin
R. L. Cherry (in charge
Upton S. Martin
Charlotte branch)
James M. Slay
D. F. Hagner (in charge
C. B. Strathy
Baltimore branch)
Chas. W. Williams

http://fraser.stlouisfed.org/
Federal
Reserve Bank of St. Louis
i

--

-.

-

_

___

_1__1_____________1_I

_

Federal Reserve Bank of ATLANTA (District 6)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: Walter M. Mitchell
DEPUTY CHAIRMAN: Harllee Branch, Jr.
Roland L. Adams

W. C. Bowman
William C. Carter
Henry G. Cahlkley, Jr.
Donald Comer
A. B. Freeman
Pollard Turman
OQFICERS

PRESIDENTs Malcooa Bryan
FIRST VICE PRESIDENT: Lewis M. Clark




Vice Preaidents
V. K. Bowman
John L. Liles, Jr.
J. E. Denmark
R. E. Moody, Jr., (in
charge Nashville br.)
H. C. Frazer (in
charge Birmingham br.) Harold T. Patterson
T. A. Lanford (in
L. B. Raisty
charge Jakksonville br.)

I

Earle
S. P.
M. L.
New

L. Rauber
Schuessler
Shav (in charge
Orleans br.)

Y ___ ______~

1966

__

__

1_______11_

__ ___I_

~~~ ____

Federal Reserve Bank of CHICAGO (District 7)
BOARD OF DIRECTORS
CHAIRBAN & F. R. AGENT: Bert R. Prall
DEPUTY CHAIRMAN: Carl E. Allen, Jr.
Walter J. Cummings
William J. Grede
Wlliam A. Hanley
Walter E. Hawkinson
Vivian V. Johnson
Nugent R. Oberwortmann
J. Stuart Russell
OFFICERS

PRESIDENT:

C. S. Younge+-hoed a/%9/56)

f Cuf.Lr
C, A*A - 4f
E. C. Harris -cLc.c
Vice Presidents
H. J. Neman
Neil B. Dawes
A. L. Olson
V. R. Diercks
R. A. Swaney (in charge of
A. M. Gustavson
Detroit branch)
C. T. Laibly
George W. Mitchell
V. V. Turner

FIRST VICE PRESIDENT:




_ ___

1956

____

_____ _~ ____ __

_ ____ _I ;____

___~ __

Federal Reserve Bank of ST. LOUIS (District 8)

BOARD OF DIRECTORS
M. Moss Alexander
CHAIRMAN & F. R. AGENT
DEPUTY CHAIRMAN: Caffey Robertson
S. J. Beauchamp, Jr.
Phil E. Chappell
J. E. Etherton
William A. McDonnell

Joseph H. Moore
Louis Ruthenburg
Leo J. Vieck
OFFICERS
PRESIDENT: Delos C. Johns
FIRST VICE PRESIDENT: Frederick L. Des
Tice Presidents
n., J. Abbott, Jr.
Victor M. Longstreet (in charge of
Louisville branch)
Fred Burton (in charge of
Vm. E. Peterson
Little Rock branch)
H. H. Veigel
Darryl R. Francis (in charge
J. C. Votawa
of Memphis branch)
Dale M. Lewis



__

1956

Federal Reserve Bank of MINNEAPOLIS (District 9)

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: Leslie N. Perrin
DEPUTY CHAIRMAN: 0. B. Jesness
John E. Corette
F. Albee Flodin
Thomas G. Harrison
Ray C. Lange
Harold C. Refling
Joseph F. Ringland
Harold N. Thomson
OFFICERS
PRESIDENT: 0. S. Powell
FIRST VICE PRESIDENT: A. W. Mills
Vice Presidents
Kyle K. Fossum (in charge
Helena branch)
C. W. Broth
E. B. Larson




H. G. McConnell
Otis R. Preston
M. H. Strothman, Jr.
Sigurd Ueland

Federal Reserve Bank of KANSAS CITY (District 10)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: Raymond W. Hall
DEPUTY CHAIRMAN: Joe W. Seacrest
K. S. Adams
W. L. Bunten
E. M. Dodds
W. S. Kennedy
Harold Kountze
Max A. Miller
Oliver S. Willham
OFFICERS
PRESIDENT: H. G. Leedy
FIRST VICE PRESIDENT: Henry 0. Koppang
Vice Presidenta
Cecil Puckett (in charge of
John T. Boysen
Denver branch)
P. A. Bebus (in charge of
Clarence W. Tow
Omaha branch)
E. D. Vanderhoof
R. L. Mathes (in charge of
D. W. Woolley
Oklahoma City branch)




Federal Reserve bank of DALLAS (District 11)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: Robert J.
DEPUTY CHAIRMAN: Hal Bogle
John R. Alford
Henry P. Drought

D. A.

Smith

ulcy

J. Edd McLaughlin
W. L. Peterson
J. B. Thomas
Sam D. Young
OFFICERS
PRESIDENT: Watrous H. Irons
FIRST VICE PRESIDENT: W. D. Gentry
Vice Presidents
W.
E. Eagle (in charge of
E. B. Austin
San Antonio branch)
Howard Carrithers (in
charge El Paso br.) W. H. Holloway
J. L. Cook (in charge
Houston branch)




T. W. Plant
L. G. Pondrom
Morgan H. Rice
Harry A. Shuford

Federal Reserve Bank of SAN FRANCISCO (District 12)

1956

BOARD OF DIRECTORS
CHAIRMAN & F. R. AGENT: A. H. Brawner
DEPUTY CHAIRMAN: Y. Frank Freeman
Carroll F. Byrd
M. Vilas Hubbard
Walter S. Johnson
Alden G. Roach
John A. Schoonover
Reese H. Taylor
Philip I. Welk
OFFICERS
Mangels
9 succeeded C. E. Earhart as of 3/1/56)
PRESIDENT: H. N.
FIRST VICE PRESIDENT:
Vice Presidents
W. F. Volbert
J. A. Randall (in charge
J. M. Leisner (in charge
(in charge
branch)
Portland
Seattle branch)
L. A. br.)
F.
Slade
H.
E. R. Millard
Wheeler
O.P.
Swan
J.
Eliot
W. L. Partner (in charge
Salt Lake City branch)




HEARINGS

19 6
Jan20, 27




U.S. SenAte. BanIing and Currency Comittee
Nomination of William McCheos
Martin, Jr,;
hearince befere te committee on banking and cur
rency, United States Senate, eighty-fourth Congres
second session, on the nomination of William McChee
ney Martin, Jr., to be a member of the Board of
Governors of the Federal Reserve System, January

20 and 27, 1956.
70 p.

Wash.Govt.print.off.195 6 .