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A Return to Jekyll Island : The Origins, History, and Future of the Federal Reserve, November 5-6, 2010

2010

The conference was held to mark the centenary of the 1910 Jekyll Island
meeting that resulted in draft legislation (the Aldrich Plan) for the creation
of the U.S. central bank. The problem facing the framers of the Aldrich
Plan was how to create a central bank that could effectively function in a
country such as the United States, with its diverse geographic, political,
and economic interests. The resulting plan for a "decentralized central
bank" was incorporated, with some modification, into the legislation that
brought the Federal Reserve into being—the Federal Reserve Act of 1913.
The general theme of the conference was to document and examine the
performance of the Federal Reserve-historical, contemporary, and
prospective—in the light of the Aldrich Plan's original vision.


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    2010

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    Federal Reserve Bank of Atlanta

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    Federal Reserve Bank of Atlanta. A Return to Jekyll Island : The Origins, History, and Future of the Federal Reserve, November 5-6, 2010. 2010, https://fraser.stlouisfed.org/title/9847, accessed on April 1, 2026.