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Article: Benjamin Strong, the Federal Reserve, and the Limits to Interwar American Nationalism.
- Article from:
- Economic Quarterly
- Article date:
- March 22, 2000
- Author:
CopyrightCOPYRIGHT 2000 Federal Reserve Bank of Richmond. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Part I: Intellectual Profile of a Central Banker
This essay on Benjamin Strong, the first governor of the Federal Reserve Bank of New York (1914-1928), evolved from the author's research on the development of an American internationalist tradition during and largely in consequence of the First World War. Viewing Strong's activities in the broader context of the world view and diplomatic preferences of the educated East Coast establishment, a foreign policy elite to which Strong belonged and most of whose norms he accepted, greatly illuminates his broader motivations and the interwar relationship between finance and overall international diplomacy. Strong's work ...