George L. Harrison
|George L. Harrison|
|2nd President of the Federal Reserve Bank of New York|
November 24, 1928 – December 31, 1940
|Preceded by||Benjamin Strong Jr.|
|Succeeded by||Allan Sproul|
January 26, 1887|
San Francisco, California
|Died||March 5, 1958
|Alma mater||Yale University (1909)
Harvard Law School
He was born in San Francisco, California on January 26, 1887. He was educated at Yale University and Harvard Law School. In 1909, at Yale, he was elected to the Skull and Bones secret society. After earning his law degree, Harrison became law clerk for one year to U.S. Supreme Court Justice Oliver Wendell Holmes.
After serving as general counsel to the Federal Reserve Board, Harrison served as president of the Federal Reserve Bank of New York for 13 years starting in 1928. He left in 1941 to become president of New York Life Insurance Company. During World War II, he was Secretary Henry L. Stimson's special assistant for matters relating to the development of the atomic bomb. He served with Stimson on the eight-member Interim Committee which examined problems expected to result from the bomb's creation and which recommended direct military use of the bomb against Japan without specific warning. Harrison chaired the committee when Stimson was absent.
Harrison returned to his position at New York Life after the war, becoming chairman of the company's board in 1948.
- "G.L. Harrison Heads Reserve Bank Here". New York Times. November 24, 1928. Retrieved 2012-10-28. "George L. Harrison, who has been connected with the Federal Reserve system since its organization in 1914 and has been Deputy Governor of the Federal Reserve Bank of New York since 1920, was appointed yesterday Governor of the Federal Reserve Bank of New York, to succeed Benjamin Strong, who died on Oct. 16. ..."
- "Taft's son elected to Skull and Bones". New York Times. 28 May 1909.
Benjamin Strong Jr.
|President of the Federal Reserve Bank of New York