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fun4us2b · M
What were Carter Glass's views on banking?
Glass favored a highly decentralized system of reserve banks, but he supported and helped guide through Congress President Wilson's proposal for the Federal Reserve System, established in 1913. In 1919, Wilson appointed Glass Secretary of the Treasury to succeed former Secretary William G. McAdoo.
Glass favored a highly decentralized system of reserve banks, but he supported and helped guide through Congress President Wilson's proposal for the Federal Reserve System, established in 1913. In 1919, Wilson appointed Glass Secretary of the Treasury to succeed former Secretary William G. McAdoo.