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Paul Warburg
Paul Moritz Warburg (August 10, 1868 – January 24, 1932) was a German-born American investment banker who served as the second vice chairman of the Federal Reserve from 1916 to 1918. Prior to his term as vice chairman, Warburg served as one of the original members of the Federal Reserve Board, taking office in 1914. He was an early advocate for the establishment of the US central bank system. Early life Warburg was born in Hamburg, Germany, to the Warburg family, a German Jewish banking dynasty with origins in Venice. His parents were Moritz and Charlotte Esther (Oppenheim) Warburg. After graduating from the Realgymnasium in Hamburg in 1886, he entered the employ of Simon Hauer, a Hamburg importer and exporter, to learn the fundamentals of business practice. He similarly worked for Samuel Montagu & Co., bankers, in London in 1889–1890, and the Banque Russe pour le Commerce Etranger in Paris in 1890–1891.''Dictionary of American Biography'', Vol. XIX, p. 412–13. Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vice Chair Of The Federal Reserve
The vice chair of the Board of Governors of the Federal Reserve System is the second-highest officer of the Federal Reserve, after the chair of the Federal Reserve. In the absence of the chair, the vice chair presides over the meetings Board of Governors of the Federal Reserve System. The vice chair and the vice chair for supervision each serve a four-year term after being nominated by the president of the United States and confirmed by the United States Senate, and they serve concurrently as members of the Board of Governors. Both vice chairs may serve multiple terms, pending a new nomination and confirmation at the end of each term, with Ronald Ransom as the longest serving vice chair from 1936 to 1947. They cannot be dismissed by the president before the end of their term. The position of vice chair is currently held by Philip Jefferson who was sworn in on September 13, 2023. The position of vice chair for supervision is currently held by Michelle Bowman after Michael Barr (T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Warburg
James Paul Warburg (August 18, 1896 – June 3, 1969) was a German-born American banker, businessman, and writer. He was well known for being the financial adviser to Franklin D. Roosevelt. His father was banker Paul Warburg, member of the Warburg family and "father" of the Federal Reserve System. After World War II, Warburg helped organize the Society for the Prevention of World War III in support of the Morgenthau Plan. Biography Born in Hamburg, Germany, he was educated at Middlesex School and Harvard University. He served in the Navy Flying Corps during World War I before entering a career in business. He was at the First National Bank of Boston between 1919 and 1921. Between 1921 and 1929 he was Vice President at the International Acceptance Bank. He was president at the International Manhattan Company from 1929 to 1931, then president of the International Acceptance Bank from 1931 to 1932. He was Vice Chairman of the Board at Bank of the Manhattan Company between ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsbank
The ''Reichsbank'' (; ) was the central bank of the German Empire from 1876 until the end of Nazi Germany in 1945. Background The monetary institutions in Germany had been unsuited for its economic development for several decades before unification. In the Kingdom of Prussia, the Bank of Prussia had been established in 1847 and, in the aftermath of the German revolutions of 1848–1849, revolution of 1848, five additional banks had been granted a note-issuance privilege (the , , , at Stettin, and ), but that was still insufficient to sustain adequate monetary conditions. By 1851, 9 banks in the whole of Germany (not including Austria) were chartered to issue banknotes, known as . In addition, most German states - with the only exceptions of Principality of Lippe, Lippe and the Hanseatic cities of Free City of Bremen, Bremen, Free City of Hamburg, Hamburg and Free City of Lübeck, Lübeck - issued government paper money without the intermediation of an issuing bank. Several pan- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church (Manhattan), Trinity Church in Manhattan, it is the oldest institution of higher education in New York (state), New York and the fifth-First university in the United States, oldest in the United States. Columbia was established as a Colonial colleges, colonial college by royal charter under George II of Great Britain. It was renamed Columbia College (New York), Columbia College in 1784 following the American Revolution, and in 1787 was placed under Trustees of Columbia University in the City of New York, a private board of trustees headed by former students Alexander Hamilton and John Jay. In 1896, the campus was moved to its current location in Morningside Heights and renamed Columbia University. Columbia is organized into twenty schoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edwin Seligman
Edwin Robert Anderson Seligman (1861–1939) was an American economist who spent his entire academic career at Columbia University in New York City. Seligman is best remembered for his pioneering work involving taxation and public finance. His principles for a progressive federal income tax were adopted by Congress after the passage of the Sixteenth Amendment. A prolific scholar and teacher, his students had great influence on the fiscal architecture of postcolonial nations. He served as an influential founding member of the American Economics Association. Early life Edwin Seligman was born April 25, 1861, in New York City, the son of the banker Joseph Seligman. His family was Jewish. He was tutored by Horatio Alger and had a broad facility for languages. Seligman attended Columbia University at fourteen and graduated in 1879 with an ABLeon Applebaum, "Edwin R. A. Seligman," in John D. Buenker and Edward R. Kantowicz (eds.), ''Historical Dictionary of the Progressive Era, 1890- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Century Magazine
''The Century Magazine'' was an illustrated monthly magazine first published in the United States in 1881 by The Century Company of New York City, which had been bought in that year by Roswell Smith and renamed by him after the Century Association. It was the successor of ''Scribner's Monthly, Scribner's Monthly Magazine''. It was merged into ''The Forum (American magazine), The Forum'' in 1930. History The initial editor was to have been Scribner's editor and co-owner Josiah Gilbert Holland, Josiah G. Holland, but he died prior to the appearance of the first issue. He was succeeded by Richard Watson Gilder, the managing editor of Scribner's, who would go on to helm ''The Century'' for 28 years. Gilder largely continued the mixture of literature, history, current events, and high-quality illustrations that Holland had used at Scribner's. The magazine was very successful during the 19th century, most notably for a series of articles about the American Civil War which ran for three ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council On Foreign Relations
The Council on Foreign Relations (CFR) is an American think tank focused on Foreign policy of the United States, U.S. foreign policy and international relations. Founded in 1921, it is an independent and nonpartisan 501(c)(3) nonprofit organization with longstanding ties to political, corporate, and media elites. CFR is based in New York City, with an additional office in Washington, DC, Washington, D.C. Its Members of the Council on Foreign Relations, membership has included senior politicians, United States Secretary of State, secretaries of state, Central Intelligence Agency, CIA directors, bankers, lawyers, professors, corporate directors, CEOs, and prominent Mass media, media figures. CFR meetings convene government officials, global business leaders, and prominent members of the intelligence and foreign-policy communities to discuss international issues. CFR publishes the bi-monthly journal ''Foreign Affairs'' since 1922. It also runs the David Rockefeller Studies Progra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell Leffingwell
Russell Cornell Leffingwell (September 10, 1878 – October 2, 1960) was an American banker who led the Council on Foreign Relations from 1944 until 1953. From 1944 to 1946, he served as president of the Council, and from 1946 to 1953, he served as the organization's first chairman. He was also a trustee of Carnegie Corporation from 1923 to 1959. His banking career, which focused on international lending, started when he joined J.P. Morgan JP may refer to: Arts and media * ''JP'' (album), 2001, by American singer Jesse Powell * ''Jp'' (magazine), an American Jeep magazine * '' Jönköpings-Posten'', a Swedish newspaper * Judas Priest, an English heavy metal band * ''Jurassic Pa ... in 1923, and he retired as chairman of the company in 1950. In reference to the economic problems of the early 1930s, he is reported to have said: "The remedy is for people to stop watching the ticker, listening to the radio, drinking bootleg gin, and dancing to jazz... and return to the old econo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Central Banking In The United States
History is the systematic study of the past, focusing primarily on the human past. As an academic discipline, it analyses and interprets evidence to construct narratives about what happened and explain why it happened. Some theorists categorize history as a social science, while others see it as part of the humanities or consider it a hybrid discipline. Similar debates surround the purpose of history—for example, whether its main aim is theoretical, to uncover the truth, or practical, to learn lessons from the past. In a more general sense, the term ''history'' refers not to an academic field but to the past itself, times in the past, or to individual texts about the past. Historical research relies on primary and secondary sources to reconstruct past events and validate interpretations. Source criticism is used to evaluate these sources, assessing their authenticity, content, and reliability. Historians strive to integrate the perspectives of several sources to devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noel Loomis
Noel Loomis (April 3, 1905 – September 7, 1969) was an American writer, principally of western, mystery and science-fiction. Born and raised in the American West, he was sufficiently familiar with that territory to write a useful history of the Wells Fargo company. Access to this collection may be available through a local public library. Personal life Noel Loomis was born Noel Miller Loomis on April 3, 1905, in the Oklahoma Territory town of Wakita, in the Cherokee Strip, and raised in Texico, in the New Mexico Territory, and in the West Texas town of Slaton. In later life he lived in Decanso, in the San Diego, California, Back Country from 1956. He married Dorothy Moore Green, who was also a writer, in 1945. There is evidence that he had a first wife named Johnie or Jonie, who was the mother of his children. Noel Loomis, Ward 10, Minneapolis, Minneapolis City, Hennepin, Minnesota, United States; citing enumeration district (ED) 89–288, sheet 18A, family 438, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wells Fargo & Company
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup. The company's primary subsidiary is Wells Fargo Bank, N.A., a national bank that designates its Sioux Falls, South Dakota, site as its main office (and therefore is treated by most U.S. federal courts as a citizen of South Dakota).Rouse v. Wachovia Mortgage, FSB', 747 F.3d 707 (9th Cir. 2014) (citing cases on each side of circuit split and joining majority rule that a national bank is only a citizen of the state in which its main office is located). It is the fourth-largest bank in the United States by total assets and is also one of the largest as ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congregation Emanu-El Of New York
Congregation Emanu-El of New York is the first Reform Jewish congregation in New York City. It has served as a flagship congregation in the Reform branch of Judaism since its founding in 1845. The building it uses – (called " Temple Emanu-El of New York") – was built in 1928–1930 and is one of the largest synagogue buildings in the world. The congregation currently comprises about 2,500 families and has been led by Senior Rabbi Joshua M. Davidson since July 2013. The congregation is located at 1 East 65th Street on the Upper East Side of Manhattan. The Temple houses the Bernard Museum of Judaica, the congregation's collection of more than 1,000 Jewish ceremonial art objects. History 1845–1926 The congregation was founded by 33 mainly German Jews who assembled for services in April 1845 in a rented hall near Grand and Clinton Streets in Manhattan's Lower East Side. The first services they held were highly traditional. The Temple (as it became known) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
