Lawrence Clayton (actor)
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Lawrence Clayton (actor)
Lawrence Clayton (March 1, 1891 – December 4, 1949) was an American banker and corporate executive who served as a member of the Federal Reserve Board of Governors from 1947 until his death in 1949. Clayton was a longtime assistant and ally to Chairman Marriner S. Eccles. Son of Nephi Willard Clayton and Sybella White, and grandson of William Clayton (Mormon), William Clayton and Augusta Braddock Clayton. Had three children: Sybella White Clayton G'Schwend (March 12, 1922 – June 3, 2013), "Larry" Lawrence Clayton Jr (1924–1988), and Barbara Ruth Clayton Gookin (June 9, 1926 – December 15, 2013), all likely born in Ogden, Utah. Lawrence Jr was born in Washington D.C. Clayton received an Bachelor of Arts, A.B. from Stanford University in 1914 and an Bachelor of Laws, LL.B. from Harvard Law School in 1916. He served in the Field Artillery of the US Army in France during World War 1. President Harry S. Truman appointed Clayton as a governor of the Federal Reserve System, eff ...
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Federal Reserve Board Of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the Chair and Vice Chair of the Board are two of seven members of the Board of Governors who are appointed by the President from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the presid ...
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Harvard Law School
Harvard Law School (Harvard Law or HLS) is the law school of Harvard University, a private research university in Cambridge, Massachusetts. Founded in 1817, it is the oldest continuously operating law school in the United States. Each class in the three-year JD program has approximately 560 students, among the largest of the top 150 ranked law schools in the United States. The first-year class is broken into seven sections of approximately 80 students, who take most first-year classes together. Aside from the JD program, Harvard also awards both LLM and SJD degrees. Harvard's uniquely large class size and prestige have led the law school to graduate a great many distinguished alumni in the judiciary, government, and the business world. According to Harvard Law's 2020 ABA-required disclosures, 99% of 2019 graduates passed the bar exam. The school's graduates accounted for more than one-quarter of all Supreme Court clerks between 2000 and 2010, more than any other law ...
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People From Boston
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural fo ...
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Harvard Law School Alumni
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowmen ...
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Federal Reserve System Governors
Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states *Federal republic, a federation which is a republic *Federalism, a political philosophy *Federalist, a political belief or member of a political grouping * Federalization, implementation of federalism Particular governments *Federal government of the United States **United States federal law **United States federal courts *Government of Argentina *Government of Australia *Government of Pakistan *Federal government of Brazil *Government of Canada *Government of India *Federal government of Mexico * Federal government of Nigeria *Government of Russia *Government of South Africa * Government of Philippines Other *''The Federalist Papers'', critical early arguments in ...
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1949 Deaths
Events January * January 1 – A United Nations-sponsored ceasefire brings an end to the Indo-Pakistani War of 1947. The war results in a stalemate and the division of Kashmir, which still continues as of 2022. * January 2 – Luis Muñoz Marín becomes the first democratically elected Governor of Puerto Rico. * January 11 – The first "networked" television broadcasts take place, as KDKA-TV in Pittsburgh, Pennsylvania goes on the air, connecting east coast and mid-west programming in the United States. * January 16 – Şemsettin Günaltay forms the new government of Turkey. It is the 18th government, last single party government of the Republican People's Party. * January 17 – The first VW Type 1 to arrive in the United States, a 1948 model, is brought to New York by Dutch businessman Ben Pon. Unable to interest dealers or importers in the Volkswagen, Pon sells the sample car to pay his travel expenses. Only two 1949 models are sold in Americ ...
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1891 Births
Events January–March * January 1 ** Paying of old age pensions begins in Germany. ** A strike of 500 Hungarian steel workers occurs; 3,000 men are out of work as a consequence. **Germany takes formal possession of its new African territories. * January 2 – A. L. Drummond of New York is appointed Chief of the Treasury Secret Service. * January 4 – The Earl of Zetland issues a declaration regarding the famine in the western counties of Ireland. * January 5 **The Australian shearers' strike, that leads indirectly to the foundation of the Australian Labor Party, begins. **A fight between the United States and Indians breaks out near Pine Ridge agency. **Henry B. Brown, of Michigan, is sworn in as an Associate Justice of the Supreme Court. **A fight between railway strikers and police breaks out at Motherwell, Scotland. * January 6 – Encounters continue, between strikers and the authorities at Glasgow. * January 7 ** General Miles' ...
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FRASER
Fraser may refer to: Places Antarctica * Fraser Point, South Orkney Islands Australia * Fraser, Australian Capital Territory, a suburb in the Canberra district of Belconnen * Division of Fraser (Australian Capital Territory), a former federal electoral division located in the Australian Capital Territory * Division of Fraser (Victoria), a current federal electoral division located in Victoria * Fraser Island, along the coast of Queensland Canada * Fraser River ** Fraser Plateau, a subplateau of the Interior Plateau, named for the river ** Fraser Basin, a low-lying area, part of the Nechako Plateau, flanking the Fraser River in the Central Interior of British Columbia ** Fraser Canyon, the stretch of the Fraser River from the city of Williams Lake south to the town of Hope, British Columbia ** Fraser Valley, the region flanking the lowermost reaches of the Fraser River, from the town of Hope to the sea ** Fraser Plateau and Basin complex, a World Wildlife Fund-named ecoregio ...
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Arlington National Cemetery
Arlington National Cemetery is one of two national cemeteries run by the United States Army. Nearly 400,000 people are buried in its 639 acres (259 ha) in Arlington, Virginia. There are about 30 funerals conducted on weekdays and 7 held on Saturday. The other Army cemetery is in Washington, D.C. and is called the U.S. Soldiers' and Airmen's Home National Cemetery. All other national cemeteries are run by the National Cemetery System of the Department of Veterans Affairs. Arlington National Cemetery was established during the U.S. Civil War after the land the cemetery was built upon, Arlington Estate, was confiscated from private ownership following a tax dispute. Listed on the National Register of Historic Places in April 2014, the Arlington National Cemetery Historic District includes the Cemetery, Arlington House, Memorial Drive, the Hemicycle, and Arlington Memorial Bridge. History George Washington Parke Custis was the grandson of Martha Dandridge Custis Washington ...
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Federal Reserve System
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stab ...
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William Clayton (Mormon)
William H. Clayton (July 17, 1814 – December 4, 1879) was a clerk, scribe, and friend to the religious leader Joseph Smith. Clayton, born in England, was also an American pioneer journalist, inventor, lyricist, and musician. He joined the Church of Jesus Christ of Latter Day Saints in 1837 and served as the second counselor to the British mission president Joseph Fielding while proselyting in Manchester. He led a group of British converts in emigrating to the United States in 1840 and eventually settled in Nauvoo, Illinois, where he befriended Joseph Smith and became his clerk and scribe. He was a member of the Council of Fifty and Smith's private prayer circle. Clayton participated in plural marriage before it was practiced openly. His first plural wife was Margaret Moon, his sister-in-law, whom he married in 1843. He eventually married ten women, although three of his wives left or divorced him. He had at least 42 children by these wives. He moved to Winter Quarters i ...
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