PRESIDENT OF BOARD
FEDERAL RESERVE BANK
MR. ECCLES APPOINTED
WASHINGTON, November 10.
President Eoosevclt has appointed Mr. Marriner Eecles, one of Mr. Mor' genthau's' assistants at the Treasury, .to succeed "Mr. Eugene BlacL as' the President of the. Federal Reserve Board. .:M.r. Ecfijea is classified as a political' liberal and a ivhole-hearted supporter of the New Deal, including the :monetary features and .the heavy relief spending programme. '
In August .last President Roosevelt accepted the, resignation of Mr. Bugeno ißlaek,:Governor, of tho Federal Reserve Board, who returned to his former office v.'. : Governor of '-th'o VFcScrdl Eeserv6_ Regional; Bank, Atlanta. It. was under' stood that Mr. Black had long opposed the niajqrity, fo. President Eobsevelt's monetary experinicnts and wished : to resign. -. .-., .'.,'. '■•.',' yl.' ■"...■.' •.-'-..■ ■'■ .'■.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19341112.2.57
Bibliographic details
Evening Post, Volume CXVIII, Issue 115, 12 November 1934, Page 9
Word Count
121PRESIDENT OF BOARD Evening Post, Volume CXVIII, Issue 115, 12 November 1934, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in