Passage and early implementation of the Aldrich-Vreeland Act (1908)

1. Knickerbocker Trust run intensifies 1907 panic

   Oct 22, 1907Labels: Knickerbocker Trust, New York

   • FedHistory
   • Britannica

2. Morgan-led private rescue stabilizes New York markets

   Oct 24, 1907Labels: J P, U S

   • FedHistory
   • LOC Essay

3. Congress drafts emergency-currency response to 1907

   Apr 20, 1908Labels: U S, National banking

   • Congress
   • FedHistory

4. Aldrich-Vreeland Act becomes law

   May 30, 1908Labels: Aldrich-Vreeland Act, Theodore Roosevelt

   • Congress
   • Cato

5. National Monetary Commission is established

   May 30, 1908Labels: National Monetary, Nelson Aldrich

   • Senate Hist
   • NMC

6. Banks organize first national currency associations

   Jul 18, 1908Labels: National currency, Comptroller of

   • NNP
   • Cato

7. Emergency currency authority remains unused pre-1914

   Jan 1, 1910Labels: Aldrich-Vreeland Act, Emergency notes

   • Cato
   • NNP

8. Jekyll Island conference shapes draft central-bank plan

   Nov 20, 1910Labels: Jekyll Island, Reserve association

   • FedHistory
   • Cato

9. Commission submits Aldrich Plan to Congress

   Jan 9, 1912Labels: Aldrich Plan, National Monetary

   • FedHistory
   • LLSDC

10. Federal Reserve Act extends Aldrich-Vreeland provisions

    Dec 23, 1913Labels: Federal Reserve, Aldrich-Vreeland extension

    • FRASER
    • FedHistory

11. War shock triggers first large Aldrich-Vreeland issuances

    Aug 3, 1914Labels: World War, Emergency national

    • NewBagehot
    • FRASER

12. Federal Reserve Banks open, reducing reliance on stopgaps

    Nov 16, 1914Labels: Federal Reserve, Central banking

    • FedHistory
    • FRASER