Onur, this is a fascinating question. Mitchell and Strong knew each
other and there is some correspondence between the two men in the WCM
papers at Columbia:
Strong, Benjamin
Box 13 1921 Oct 24; t.l.s. 1 p; sends report of hearings on Federal
Reserve System (not encl.), 1921
Box 13 1921 Oct 26; carbon 1 p; (on back 10/24); WCM reply to 10/24,
1921, 10/24
Box 13 1924 Mar 7; t.l.s. 1 p; invites WCM to private meeting on gold;
attached: WCM memorandum on meeting, 1924
Box 13 1927 Mar 21; t.l.s. 3 p; on price decline; wartime income
redistribution; asks WCM opinions, 1927
Box 13 1927 Mar 31; carbon 3 p; WCM reply to 3/21, 1927, 3/21
Among the archival material you will also find some unpublished
speeches on FED related themes. For isntances in a letter to Moulton,
(1914 Feb 7) we learn that he gave a speech at the Western Economic
Society conference on Federal Reserve Act. I think I should have that
speech somewhere in my files.
For more info on the WCM papers please do not hesitate to contact me.
Hope this helps.
ciao
luca
Onur Ozgode <[log in to unmask]> ha scritto:
> Dear colleagues,
>
> I am writing to inquire about secondary sources that may elucidate
> Weslecy Clair Mitchell's relationship with Benjamin Strong, the governor of
> the Federal Reserve Bank of New York, as well as their ideas on using
> monetary policy to stabilize the business cycle in the 1920s.
>
> In his HOPE pieces on Walter Stewart, the Board's second research director,
> and the intellectual environment of the Board's research department,
> William Yohe (1990 and 1982) shows the influence of Mitchell on the
> policies of the Board through Stewart, but I don't think anyone has written
> on Mitchell's relationship with and influence on Strong.
>
> Thanks in advance,
>
> Onur
>
> --
> Onur Özgöde
> Senior Research Fellow
> Program in Science, Technology, and Society
> Harvard Kennedy School
>
> Postdoctoral Fellow
> Harvard-Cornell Comparative Covid Response: Crisis, Knowledge, Policy
> (CompCoRe) Project
>
> *New Publications:*
> Özgöde, Onur. "The Emergence of Systemic Risk: The Federal Reserve,
> Bailouts, and the Limits of Monetary Government." *Socio-Economic Review*
> (2021). https://doi.org/10.1093/ser/mwaa053
>
> Özgöde, Onur. “Institutionalism in Action: Balancing the Substantive
> Imbalances of “the Economy” through the Veil of Money.” *History of
> Political Economy* 52, no. 2 (2020): 307–39.
> https://doi.org/10.1215/00182702-8173384.
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