Jekyll Island conference on banking reform

E149562

The Jekyll Island conference on banking reform was a secret 1910 meeting of leading financiers and policymakers that laid the groundwork for the creation of the U.S. Federal Reserve System.

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Predicate Object
instanceOf economic conference
historical event
secret meeting
characterizedBy secrecy
hasAlternativeName Jekyll Island conference on banking reform
surface form: Jekyll Island conference

Jekyll Island conference on banking reform
surface form: Jekyll Island meeting
hasCountry United States of America
surface form: United States
hasEndTime November 1910
hasField banking
economics
finance
hasHistoricalContext Panic of 1907
hasLanguage English
hasLocation Georgia
Jekyll Island
United States of America
surface form: United States
hasMainSubject banking reform
central banking
monetary policy
hasParticipant A. Piatt Andrew
Benjamin Strong Jr.
Frank A. Vanderlip
Henry P. Davison
Nelson W. Aldrich
Paul Warburg
surface form: Paul M. Warburg
hasParticipantRole Assistant Secretary of the Treasury
surface form: Assistant Secretary of the Treasury for A. Piatt Andrew

Banker for Benjamin Strong Jr.
J.P. Morgan & Co. partner for Henry P. Davison
Kuhn, Loeb & Co. partner for Paul M. Warburg
National City Bank of New York executive for Frank A. Vanderlip
U.S. Senator for Nelson W. Aldrich
hasPurpose to create a blueprint for a central banking system in the United States
to design a plan for U.S. banking reform
hasSignificance key step in creation of the Federal Reserve System
hasStartTime November 1910
hasYear 1910
influenced Federal Reserve Act of 1913
isPartOf history of banking in the United States
history of the Federal Reserve System
laidGroundworkFor Federal Reserve System
organizedBy Nelson W. Aldrich
preceded drafting of the Aldrich Plan
resultedIn Aldrich Plan
tookPlaceAt Jekyll Island Club
usedCoverStory duck hunting trip
wasResponseTo instability of the U.S. banking system

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Paul Warburg participatedIn Jekyll Island conference on banking reform
Jekyll Island conference on banking reform hasAlternativeName Jekyll Island conference on banking reform
this entity surface form: Jekyll Island meeting
Jekyll Island conference on banking reform hasAlternativeName Jekyll Island conference on banking reform
this entity surface form: Jekyll Island conference