Summary
Overview
Strong, Benjamin, 1872-1928.
Benjamin Strong Collection
1917-1950 (mostly 1925-1940)
7.65 cubic feet, 17 boxes
Abstract
Benjamin Strong was a prominent New York banker who was instrumental in the foundation and success of the Federal Reserve Bank. This collection contains records pertaining to the former Benjamin Strong Collection of Foreign Public Finance in Princeton University Library, which was funded by Strong with the objective of acquiring books and original source material chronicling the development of foreign public finance, central banking, and international trade.
Description
Description
Contains records pertaining to the former Benjamin Strong Collection of Foreign Public Finance in Princeton University Library, which was funded by Strong with the objective of acquiring books and original source material chronicling the development of foreign public finance, central banking, and international trade. Included are correspondence (1925-1950) of librarians Laura S. Turnbull and James Thayer Gerould, bulletins, reports, committee files, and requests to foreign countries for related publications. Also present are selected personal files of Strong, containing correspondence and lists (1917-1919) concerning his collection of war currency and posters, and notes and reports regarding foreign debts and reparations in the post-World War I period.
Collection Creator
Biography
Benjamin Strong was a prominent New York banker who was instrumental in the foundation and success of the Federal Reserve Bank. Born in 1872 in Fishkill-on-Hudson, New York, Strong attended high school in Montclair, New Jersey. He was hired at a private banking firm and later served as Assistant Secretary of the Atlantic Trust Company of New York and Secretary of the Metropolitan Trust Company of New York. In 1904, he became Secretary of the Bankers Trust Company, where he was subsequently elected Vice President, director, and President. In 1914, he left the company to become Governor of the Federal Reserve Bank of New York, which was still in its developmental stages. As head of the Federal Reserve system, he was influential in the country's post-World War I economic recovery and in the creation of lasting fiscal policies. Strong died in 1928 of tuberculosis.
Access and Use
Access Restrictions
Collection is open for research use.
Use Restrictions
Single photocopies may be made for research purposes. Permission to publish materials from the collection must be requested from the Curator of the Public Policy Papers. Researchers are responsible for determining any copyright questions.
Preferred Citation
Benjamin Strong Collection; 1917-1950 (mostly 1925-1940), Public Policy Papers, Department of Rare Books and Special Collections, Princeton University Library.
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