Biggs, David C., 1866-1931

David C. Biggs became the second governor of the Federal Reserve Bank of St. Louis on February 5, 1919. He resigned on December 31, 1928. Prior to serving as governor (an early term for Reserve Bank president), Biggs held the position of director on the St. Louis Fed's board of directors from January 1916 to January 1919. While serving as a director, he served as chairman of the board of directors' committee of manufacturers, wholesalers, and jobbers. After Rolla Wells resigned in December 1918, Biggs became governor in February 1919. During his term as governor, construction of the current Reserve Bank building at Locust Ave. and Fourth St. was approved. (Source: Federal Reserve History)