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Economic And Financial Organization Of The League Of Nations
The Economic and Financial Organization (EFO, french: Organisation économique et financière) was the largest of the technical arms of the League of Nations, and the world's first international organization dedicated to promoting economic and monetary co-operation. It took shape in the early 1920s and was in activity until the creation of the United Nations in 1945. It has been described as having had seminal influence on postwar economic institutions, notably the International Monetary Fund (IMF). Background The establishment of the EFO took place in the aftermath of unprecedented transnational cooperation initiatives among allied powers during World War I, which were also pioneering experiments in planned economy imposed by the circumstances. These included the Wheat Executive established in late 1916, and the Allied Maritime Transport Council established in late 1917. They had brought together enterprising civil servants such as Italy's Bernardo Attolico, France's Jean Mon ...
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Palais Wilson
The Palais Wilson (Wilson Palace) in Geneva, Switzerland, is the current headquarters of the Office of the United Nations High Commissioner for Human Rights. It was also the headquarters of the League of Nations from 1 November 1920 until that body moved its premises to the Palais des Nations on 17 February 1936, which was constructed between 1929 and 1938, also in Geneva. In 1924, the building was named after U.S. President Woodrow Wilson, who was instrumental to the foundation of the League of Nations. The treaty bodies also hold their sessions in the Palais Wilson. In 1932, a glass annex was built to host the 1932 Conference on Disarmament. The Secretariat of the International Bureau of Education occupied the building from 1937-1984. The annex was destroyed in a fire in 1987. The building, located on the western side of Lake Geneva , image = Lake Geneva by Sentinel-2.jpg , caption = Satellite image , image_bathymetry = , caption_bathymetry = , ...
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Gustav Cassel
Karl Gustav Cassel (20 October 1866 – 14 January 1945) was a Swedish economist and professor of economics at Stockholm University. Work Cassel's perspective on economic reality, and especially on the role of interest, was rooted in British neoclassicism and in the nascent Swedish schools. He is perhaps best known through John Maynard Keynes's ''A Tract on Monetary Reform'' (1923), in which he raised the idea of purchasing power parity. "Cassel was beyond doubt one of the outstanding figures in economic science during the inter-war period. His authority was second only to that of Lord Keynes, and his advice was eagerly sought on many occasions by his own Government and by foreign Governments." He was also a founding member of the Swedish school of economics, along with Knut Wicksell and David Davidson. Cassel came to economics from mathematics. He earned an advanced degree in mathematics from Uppsala University and was made professor at Stockholm University during the late 18 ...
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Baron Salter
Baron is a rank of nobility or title of honour, often hereditary, in various European countries, either current or historical. The female equivalent is baroness. Typically, the title denotes an aristocrat who ranks higher than a lord or knight, but lower than a viscount or count. Often, barons hold their fief – their lands and income – directly from the monarch. Barons are less often the vassals of other nobles. In many kingdoms, they were entitled to wear a smaller form of a crown called a ''coronet''. The term originates from the Latin term , via Old French. The use of the title ''baron'' came to England via the Norman Conquest of 1066, then the Normans brought the title to Scotland and Italy. It later spread to Scandinavia and Slavic lands. Etymology The word '' baron'' comes from the Old French , from a Late Latin "man; servant, soldier, mercenary" (so used in Salic law; Alemannic law has in the same sense). The scholar Isidore of Seville in the 7th century ...
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Brussels Conference (1920)
The International Financial Conference was an international economic conference held in Brussels from September 25 to October 8, 1920. Background The Brussels conference was convened in the context of severe economic, social, financial and sanitary dislocation immediately following World War I, especially in Central and Eastern Europe. Its trigger was an international petition published in January 1920 and signed by prominent individuals that included Gustave Ador, Gustav Cassel, Robert Cecil, Herbert Hoover, J. P. Morgan Jr., Richard Vassar Vassar-Smith, Gerard Vissering, Paul Warburg, and other signatories from Denmark, France and Norway. Because of the general sense of impending failure, national governments decided that delegates would not officially represent them, so that the governments would not be overly tainted if the conference came to nothing. Even so, nearly three-quarters of the delegates were government officials, the rest being central and private bankers, ...
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Council Of The League Of Nations
The League of Nations (french: link=no, Société des Nations ) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference that ended the First World War. The main organization ceased operations on 20 April 1946 but many of its components were relocated into the new United Nations. The League's primary goals were stated in its Covenant. They included preventing wars through collective security and disarmament and settling international disputes through negotiation and arbitration. Its other concerns included labour conditions, just treatment of native inhabitants, human and drug trafficking, the arms trade, global health, prisoners of war, and protection of minorities in Europe. The Covenant of the League of Nations was signed on 28 June 1919 as Part I of the Treaty of Versailles, and it became effective together with the rest of the Treaty on 10 January 1920. Th ...
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Paul Warburg
Paul Moritz Warburg (August 10, 1868 – January 24, 1932) was a German-born American investment banker who served as the 2nd Vice Chair of the Federal Reserve from 1916 to 1918. Prior to his term as vice chairman, Warburg appointed as a member of the Federal Reserve Board of Governors since 1914. He was an early advocate of the US central bank system. Early life Warburg was born in Hamburg, Germany, to the Warburg family, a Jewish banking dynasty with origins in Venice. His parents were Moritz and Charlotte Esther (Oppenheim) Warburg. After graduating from the Realgymnasium in Hamburg in 1886, he entered the employ of Simon Hauer, a Hamburg importer and exporter, to learn the fundamentals of business practice. He similarly worked for Samuel Montague & Company, bankers, in London in 1889–90, and the Banque Russe pour le Commerce Etranger in Paris in 1890–91.''Dictionary of American Biography'', Vol. XIX, p. 412–13. New York: Charles Scribner's Sons, 1936.''National Cyclopae ...
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Fridtjof Nansen
Fridtjof Wedel-Jarlsberg Nansen (; 10 October 186113 May 1930) was a Norwegian polymath and Nobel Peace Prize laureate. He gained prominence at various points in his life as an explorer, scientist, diplomat, and humanitarian. He led the team that made the first crossing of the Greenland interior in 1888, traversing the island on cross-country skis. He won international fame after reaching a record northern latitude of 86°14′ during his ''Fram'' expedition of 1893–1896. Although he retired from exploration after his return to Norway, his techniques of polar travel and his innovations in equipment and clothing influenced a generation of subsequent Arctic and Antarctic expeditions. Nansen studied zoology at the Royal Frederick University in Christiania and later worked as a curator at the University Museum of Bergen where his research on the central nervous system of lower marine creatures earned him a doctorate and helped establish neuron doctrine. Later, neuroscientist Sa ...
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Herbert Hoover
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was an American politician who served as the 31st president of the United States from 1929 to 1933 and a member of the Republican Party, holding office during the onset of the Great Depression in the United States. A self-made man who became rich as a mining engineer, Hoover led the Commission for Relief in Belgium, served as the director of the U.S. Food Administration, and served as the U.S. Secretary of Commerce. Hoover was born to a Quaker family in West Branch, Iowa, but he grew up in Oregon. He was one of the first graduates of the new Stanford University in 1895. He took a position with a London-based mining company working in Australia and China. He rapidly became a wealthy mining engineer. In 1914 at the outbreak of World War I, he organized and headed the Commission for Relief in Belgium, an international relief organization that provided food to occupied Belgium. When the U.S. entered the war in 191 ...
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Arthur Twining Hadley
Arthur Twining Hadley (, ; April 23, 1856 – March 6, 1930) was an American economist who served as President of Yale University from 1899 to 1921. Biography He was born in New Haven, Connecticut, the son of James Hadley, Professor of Greek at Yale 1851–1872, and his wife, née Anne Loring Morris. He graduated from Yale College in 1876, where he was a member of DKE and Skull and Bones, and received prizes in English, classics and astronomy. He then studied political science at Yale (1876–1877), and at the University of Berlin (1878–1879) under Adolph Wagner. He was a tutor at Yale in 1879–1883, instructor in political science in 1883–1886, professor of political science in 1886–1891, professor of political economy in 1891–1899, and first Dean of the Graduate School in 1892–1895. His course in economics became a favorite of undergraduates, and he wrote a classic study of the economics of railroad transportation. He became president of Yale in 1899—the first presi ...
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Robert Cecil, 1st Viscount Cecil Of Chelwood
Edgar Algernon Robert Gascoyne-Cecil, 1st Viscount Cecil of Chelwood, (14 September 1864 – 24 November 1958), known as Lord Robert Cecil from 1868 to 1923,As the younger son of a Marquess, Cecil held the courtesy title of "Lord". However, he was not a peer in his own right until he was made a Viscount in 1923 and so was eligible to sit in the House of Commons between 1906 and 1923. was a British lawyer, politician and diplomat. He was one of the architects of the League of Nations and a defender of it, whose service to the organisation saw him awarded the Nobel Peace Prize in 1937. Early life and legal career Cecil was born at Cavendish Square, London, the sixth child and third son of Robert Gascoyne-Cecil, 3rd Marquess of Salisbury, three times prime minister, and Georgina, daughter of Sir Edward Hall Alderson. He was the brother of James Gascoyne-Cecil, 4th Marquess of Salisbury, Lord William Cecil, Lord Edward Cecil and Lord Quickswood and the cousin of Arthur Balfour. ...
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Gustave Ador
Gustave Ador (23 December 1845 – 31 March 1928) was a Swiss politician. In 1919, he became President of the Confederation. Biography Origins Ador was born in Cologny, a municipality of Geneva. He was the grandson of Jean Pierre Ador, an immigrant from Vaud, who obtained his Genevan citizenship in 1814. Ador studied law at the academy (now the university) of Geneva, and in 1868 became a lawyer. Early political career In 1871, Ador started his political career as a member of the communal council of Cologny, and was twice mayor, in 1878-9 and 1883-5. He was a member of the cantonal parliament 1874-6, and continuously from 1878 to 1915 save for a short break in 1902. In 1878-9 he represented Geneva in the Swiss Conseil des États. Then he became a member of the executive of the canton of Geneva, being put in charge of the Department of Justice and Police. He resigned after an unfavourable election in 1880, but once more became a member of the cantonal executive in 1885, an ...
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