Strong Benjamin Lena Gallup (1 results)
Published by Liberty Loan Committee, New York 1917
- First Edition
- Signed
Seller: Raptis Rare Books, Palm Beach, FL, U.S.A.Raptis Rare Books
Contact seller5-star sellerRare Second Liberty Loan of 1917 of the United States of America signed by Governor of the Federal Reserve Bank of New York, Benjamin Strong. Duodecimo, partially printed document on card stock made out to Miss Lena Gallup, dated December 21, 1917. Signed at the bottom right corner "Ben Strong" as Governor, Federal Reserve Bank…of New York. Benjamin Strong Jr. (1872â"1928) was a pivotal figure in the early development of the United States Federal Reserve System and served as the first governor of the Federal Reserve Bank of New York from 1914 until his death. As one of the most influential central bankers of the early twentieth century, Strong played a central role in shaping Federal Reserve policy during and after the First World War, helping to stabilize financial markets and coordinate international monetary relations. He advocated the use of open market operations as a key tool of monetary policy and worked closely with leading European central bankers to support postwar economic recovery and the restoration of the gold standard. In near fine condition with light toning and creasing. The piece measures 5.75 inches by 8 inches. Accompanied by the original mailing envelope addressed to "Miss Lena Gallup Findley Lake NY" and in good condition. The Second Liberty Loan of 1917 was a major United States government bond campaign launched during the First World War to finance the nationâs expanding military operations following its entry into the conflict in April 1917. Issued by the U.S. Treasury in October 1917, the loan offered bonds bearing interest to encourage widespread public investment in the war effort. Like other Liberty Loan drives, the campaign relied heavily on patriotic appeals, mass advertising, and community-based sales efforts to mobilize financial support from American citizens.
