Hammond, Bray, 1886-1986
Bray Hammond was born on November 20, 1886 in Springfield, Missouri. He graduated from Stanford University in 1912 after which he entered the banking business as an assistant cashier. In 1913 he joined the faculty of the State College in Putnam, Washington where he stayed until he joined the US Army in 1916. After the war he followed various career paths that led him to the Federal Reserve Board in 1930. Hammond was appointed Assistant Secretary of the Board in 1944, a post he kept until his retirement in 1950. During his years on the Board, Hammond had kept up his scholarly interests, and he published several articles on banking from an historical viewpoint. After retirement, he devoted himself to this interest and in 1958, was awarded the Pulitzer Prize in History for his classic study of pre-Civil War banking entitled "Banks and Politics in America from the Revolution to the Civil War." Hammond died on July 20, 1968.
Found in 1 Collection or Record:
Overview Bray Hammond (1886-1968), banker. The collection contains Federal Reserve Board material and studies in banking history, published and unpublished articles and book manuscripts, research material and notes, correspondence and the manuscript of his posthumously published book, "Sovereignty and an Empty Purse."