federalreserve

Milton C. Elliott (1879-1928) was a lawyer from Virginia, based in Washington DC, son of Warren G. Elliott (1848-1906), president of the Atlantic Coast Line. In May 1914, Milton C. Elliott delivered an address to the American Bankers' Association, titled "The Directors of the Federal Reserve Banks."

This is what people in their mid-30s looked like around 1913. He could pass for 60 today.

I was thinking that too, technogeo, and noticing that he died at 49.

Milton Elliott, obviously a man of substance, was the counsel to the Federal Reserve Board, which had been set up as part of the new Federal Reserve banking system. As a result of this connection, he carried considerable weight in banking circles: query.nytimes.com/mem/archive-free/pdf?res=9E0DE1DF103FE2...

A related Bain/LOC photo, also from January, 1914, shows the two members of the Federal Reserve Board's bank-locating committee, William Gibbs McAdoo, and David Franklin Houston, opening hearings in New York City:

I believe this is actually the back of the Federal Reserve building and that this is Liberty Street (looking east), rather than Maiden Lane. Liberty Street is somewhat higher than Maiden Lane, and the windows are quite close to the street, like we see here, at least on the west end of the building. On Maiden Lane there are at least three rows of stones below the windows.

en.wikipedia.org/wiki/William_Proctor_Gould_Harding William Proctor Gould Harding (May 5, 1864 – April 7, 1930) was an American banker. He was born in Boligee, Alabama, and graduated from the University of Alabama in 1881. He was the second Chairman of the Federal Reserve, serving from 1916 to 1922. After working in Cuba to reorganize the financial System, he was appointed president of the Federal Reserve Bank of Boston in 1923 and served until his death in 1930. His death was due to heart trouble after a long illness. He died at his Boston home. His obituary was printed in the New York Times, April 8, 1930. [1] He also served as the managing director of the War Finance Corporation.

We appreciate the identification of William P. G. Harding and his link to the Federal Reserve Board. We will add some of the information to the description when we update. The Prints and Photographs Online Catalog shows other photos of him from the Harris & Ewing collection, for example: www.loc.gov/pictures/item/hec2008003278/

The photographer, Pach Bros. (not Pack), also has a Wikipedia article, en.wikipedia.org/wiki/Pach_Brothers.