Henry Parker Willis (August 14, 1874 – July 18, 1937) was an

American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, pe ...

financial expert.

Biography

He was born at

Weymouth, Massachusetts ("To Work Is to Conquer") , image_map = Norfolk County Massachusetts incorporated and unincorporated areas Weymouth highlighted.svg , mapsize = 250px , map_caption = Location in Norfolk County in Massa ...

, the son of the Universalist minister and

suffragist Suffrage, political franchise, or simply franchise, is the right to vote in public, political elections and referendums (although the term is sometimes used for any right to vote). In some languages, and occasionally in English, the right to v ...

Olympia Brown Olympia Brown (January 5, 1835 – October 23, 1926) was an American minister and suffragist. She was the first woman to be ordained as clergy with the consent of her denomination. Brown was also an articulate advocate for women's rights and one ...

. He graduated from the

University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...

with a Ph.D. in 1897 and was a member of

Alpha Kappa Psi Alpha Kappa Psi (, often stylized as AKPsi) is the oldest and largest business fraternity to current date. Also known as "AKPsi", the fraternity was founded on October 5, 1904, at New York University and was incorporated on May 20, 1905. It is cu ...

professional business fraternity. Willis taught economics and political science at

Washington and Lee University , mottoeng = "Not Unmindful of the Future" , established = , type = Private liberal arts university , academic_affiliations = , endowment = $2.092 billion (2021) , president = William C. Dudley , provost = Lena Hill , city = Lexingto ...

. He was professor of economics at

George Washington University , mottoeng = "God is Our Trust" , established = , type = Private federally chartered research university , academic_affiliations = , endowment = $2.8 billion (2022) , preside ...

and lectured at

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

, becoming a professor of economics there in 1919. He served as an expert to the Ways and Means and Banking and Currency committees of the

United States House of Representatives The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the Lower house, lower chamber of the United States Congress, with the United States Senate, Senate being ...

, and in other positions. Willis was the first Secretary of the

Federal Reserve Board 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 mon ...

, serving between 1914 and 1918. Willis was also the first president of the

Philippine National Bank The Philippine National Bank (PNB, Filipino/ tl, Bangko Nasyonal ng Pilipinas, lit=; es, Banco Nacional Filipino; Hokkien ) is one of the largest banks in the Philippines. It was established by the Philippine government on July 22, 1916, duri ...

. In 1926, he was appointed the chairman of the Commission of Inquiry into Banking and the Issue of Notes, a committee established by the government of the

Irish Free State The Irish Free State ( ga, Saorstát Éireann, , ; 6 December 192229 December 1937) was a state established in December 1922 under the Anglo-Irish Treaty of December 1921. The treaty ended the three-year Irish War of Independence between th ...

to determine what changes were necessary in relation to banking and banknote issue, which recommended the creation of a new currency for the state.

Writings

* * ''Reciprocity'' (1903), with J. L. Laughlin * ''Our Philippine Problem'' (1905) * ''Principles and Problems of Modern Banking'' (1910) * ''Life of Stephen A. Douglas'' (1911) * * ''American Banking'' (1916)

References

External links

* 1874 births 1937 deaths American economics writers American male non-fiction writers Columbia University faculty George Washington University faculty People from Weymouth, Massachusetts University of Chicago alumni Washington and Lee University faculty Coolidge family Economists from Massachusetts {{US-economist-stub