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Aldrich-Vreeland Act

Act of 30 May 1908 allowing emergency currency and creating the National Monetary Commission.

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Dates
30 May 1908

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author

  • Nelson Aldrich 1908 Scholarship & press 2

    Sponsored the bill with Representative Edward Vreeland.

Timeline 2 dates
  1. 1908 Nelson Aldrich authored Aldrich-Vreeland Act
  2. 30 May 1908 Aldrich-Vreeland Act
Proof 2 sources
  1. Federal Reserve Act Signed into Law, Federal Reserve History (staff of the Federal Reserve Bank of Kansas City), 22 Nov 2013. Scholarship & press
    The legislation provided for the issuance of emergency currency and created the eighteen-member National Monetary Commission, chaired by Sen. Nelson Aldrich
  2. The Meeting at Jekyll Island, Federal Reserve History (Federal Reserve Banks and Board of Governors), 4 Dec 2015. Scholarship & press
    In 1908, Aldrich sponsored a bill with Republican representative Edward Vreeland that, among other things, created the National Monetary Commission
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